RHB recognises top fintech innovators at inaugural RHB Xcelerator demo day

Startups received 8 weeks of mentorship, consultations from RHB Group units
Program mentored startups in micro banking, customer experience & insurance 

RHB Banking Group announced the graduation of seven growth-stage startups from its inaugural RHB Xcelerator programme.
In a statement by 1337 Ventures, RHB’s partner for RHB Xcelerator, the firm said the accelerator programme…Continue Reading

Google Cloud appoints Mark Micallef to lead Southeast Asia business and advance regional AI momentum

Will report to Karan Bajwa, VP, Asia Pacific 
Tasked to drive regional strategy, direction & overall revenue performance

Google Cloud announced the appointment of Mark Micallef as managing director of its business in Southeast Asia. 
In his new capacity, Micallef will be responsible for driving regional strategy, direction, team development, and overall revenue performance…Continue Reading

CARSOME raises undisclosed funding round, emphasises its US0mil liquidity position

Mostly existing investors with new investor, EvolutionX Debt, a SG based debt fund
Claims independent biz units have hit profitability with over 30% revenue growth

CARSOME Group announced the closing of its latest fundraising round yesterday, without disclosing the amount raised, but shared that the funding has brought its current liquidity to approximately US$200 million (RM927.9 million).
Highlighting its liquidity position is a response…Continue Reading

MITI and the United Nations launch Malaysia SDG Investor Map

15 Investment Opportunity Areas identified, with information on indicative returns
Serves as market intelligence for investors seeking SDG-aligned opportunities

The Ministry of Investment, Trade and Industry (MITI) and the United Nations (UN) in Malaysia has launched an online market intelligence tool called the Malaysia SDG Investor Map to help private investors find investment…Continue Reading

MHI and TNB Genco sign clean energy MOU to drive decarbonisation

Agreement covers hydrogen infrastructure and CO2 capture
Helps accelerate net-zero goals and 50% reduction in coal generation by 2035

Mitsubishi Heavy Industries, Ltd. (MHI) and TNB Power Generation Sdn. Bhd. (TNB Genco), have signed a Memorandum of Understanding to study and exchange information related to clean energy technologies. Under the MoU, MHI with…Continue Reading

Malaysia’s respond.io achieves WhatsApp Business Solution Provider status; joins 150 global providers recognised by Meta

Businesses can manage WhatsApp business profiles from one centralised platform
Will complement respond.io’s automated integration with over 5k third-party apps

Omnichannel customer conversation management platform respond.io achieved WhatsApp Business Solution Provider (BSP) status last month, joining the ranks of fewer than 150 BSPs across the globe. Local businesses using respond.io will now be…Continue Reading