Endeavor to provide mentorship, intro to global network of investors
To increase number of home-grown tech firms to unicorn status by 2025 Endeavor Malaysia supports Malaysia Digital Economy Corporation (MDEC) as they prime for the launch the Founders Centre of Excellence (FOX) programme, a new initiative guided by the goals set in…Continue Reading
Plans to migrate key IT infrastructure to AWS by 2026.
Will be built using AWS microservices for agility and expandability. Â
Amazon Web Services (AWS), an Amazon.com company, announced today that Al Rajhi Banking and Investment Corporation (Malaysia)âs digital bank, Rize, is going all-in on AWS.
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Alrajhi Bank Malaysia, a subsidiary of Al Rajhi…Continue Reading
Fund aims for companies that embrace sustainability values in business
Target fund is a qualified Sustainable and Responsible Investment fund Principal Malaysia has introduced the Principal Islamic Global Responsible Equity Fund, a Shariah-compliant investment fund that provides investors with an opportunity to invest across a diversified portfolio of equities while considering sustainability…Continue Reading
Huawei’s financial results for 2022 show a slight increase in revenue, steep declines in operating and net profit but no red ink, and a sound balance sheet. Considering last year’s Covid lockdown, inflation and the need to work around US sanctions, the Chinese telecom company turned in an admirable performance. Huawei’s operating margin was 6.6%, […]Continue Reading
DuitNow-NETS QR is connected for travellers to make payments
Person-to-person fund transfers & remittances ready by year-end Bank Negara Malaysia (BNM) and the Monetary Authority of Singapore (MAS) yesterday launched a cross-border QR code payment linkage between Malaysia and Singapore.
The linkage will allow customers of participating financial institutions to make retail payments…Continue Reading
It also won the WSIS Prize 2023
Targets include fibre optic connectivity, mobile data rate, and 4G coverage The first phase of Malaysia’s Jalinan Digital Negara (Jendela) (2020 to 2022) has not only met but surpassed some of its targets said the Minister of Communications and Digital. That robust progress also caught the…Continue Reading
Projects to achieve 50,000 pets covered in Malaysia, 100,000 in SEA by 2025
Rolled out new (human) travel insurance designed exclusively with elements of pet protection Oyen®, Malaysia’s premier digital first online pet insurance platform claimed it achieved a milestone of US$22.6 million (RM100 million) worth of protection, a sixfold growth from 2021 to…Continue Reading
In 2022 Roojaiâs premium income in Thailand grew by 25%
US$32mil from direct injection, US$10mil from secondary share transaction Roojai, a Thai-based online B2C insurtech, announced a US$42 million Series B funding round on 28 March, led by HDI International, the International Retail Insurance division of the German Talanx Group, with additional participation from existing investor,…Continue Reading
 Builds on existing ecosystem to link players across private & public markets
Partners MDEC to promote corporate venturing as innovation & growth strategy Capital Markets Malaysia (CMM), an affiliate of the Securities Commission Malaysia (SC), launched on 21st March, the nationâs first Corporate Venture Capital (CVC) Programme to advance the domestic…Continue Reading
Funding to create innovative solutions to revolutionise senior living care
Gobi confident of Care Concierge growth prospects for the Silve Economy Gobi Partners, a Pan-Asian venture capital (VC) firm with US$1.5 billion (RM6.5 billion) in assets under management has onboarded its first portfolio, Care Concierge under its newly established Gobi Dana Impak…Continue Reading