In December of 2023, Malaysian tech news covered items including: Labuan’s bid to be a startup hub for the country beyond the ‘mainland’; the use of fly larvae as both food protein and to process palm oil waste; the issue of Chinese semiconductor firms using Malaysian companies to skirt US sanctions; and more.
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Critical technologies in December 2023
Slush’D Malaysia: Kuala Lumpur, March 7th 2024
- Malaysia’s Selangor Info Tech & Digital Economy Corp, SIDEC, completes working visit to Taiwan, seeking cross-border collaborations in digital economy and talent training activities
- Malaysia: Qarbotech agritech gains $700K seed and grant funding with photosynthesis enhancement tech, on-plant or in-soil, boosting productivity and claiming yield increase by up to 60%
- Malaysia’s Labuan island territory proposed as a startup and innovation cluster for businesses outside Peninsular Malaysia, serving Labuan, Sabah and Sarawak
- Malaysia: UMAMI/Cell AgriTech facility’s first phase to open in Q1 2025, powered in part by solar energy and span 96000 square feet with a projected annual output of 3000+ tons
Google, Bain & Co, TEMASEK: e-Conomy SEAsia 2023 – Malaysia report
- Malaysia: YTL Power International partners NVIDIA to build AI infrastructure, aiming to bring supercomputing capabilities to Malaysia by mid-2024
- Malaysia: An intro to Entomal Biotech, using fly larvae to process food and palm oil waste, creating opportunities in both food supply and livestock feed, and cutting emissions in the process
- Malaysia’s long-stay rentals platform, LiveIn, raised $8.3M to grow presence in Thailand, Vietnam and Indonesia
- Malaysia: China’s BEST Inc logistics services firm to open its largest sorting center in Selangor, alongside 220,000-square-meter facility linking Thailand, Vietnam, Singapore and Malaysia to its network
- Some Chinese semiconductor firms are reportedly turning to Malaysian chip packaging firms for aspects of high-end chip assembly, hedging against US sanctions risks
Malaysia National Blockchain Roadmap 2021-2025
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