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September: Malaysia

Malaysian tech news in September 2024 generated headlines looking at items including: MYHackathon, a digital competition focused on government services improvements; Malaysia-Cambodia crossborder payments; Penang state’s technology initiatives; the Malaysia Startup Ecosystem Roadmap document; and more – each Malaysian tech news item can be read in full via the links below.

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  • Malaysia’s OMS undersea cabling firm sets $300M for new ASEAN-focused cable systems and acquisitions, responding to demand for data centers and cloud computing / full article
  • MYHackathon 2024 is open for registration from Malaysian citizens, with 7 problem statements to address around digitalization of government services / full article
  • Malaysia and Cambodia central banks launch cross-border QR payments, allowing consumers and merchants to make and receive instant payments via mobile / full article
  • An overview of Penang STEM Talent Blueprint, Advanced Technology Equipment Cluster, and other future-focused technology initiatives / full article
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  • Malaysia is accelerating its ambitions to become a major player in the global digital economy and semiconductor industry through two significant initiatives… / full article
  • Taiwan’s ELNA opens 2nd printed circuits board plant in Penang with $230M in funding, seeing supply chain opportunities in a range of sectors / full article
  • Cradle, gov’t focus agency for early-stage startups, is to lead the ASEAN Startup Initiative, with initiatives to include ASEAN Startup Portal / full article
  • Download: ‘Malaysia Startup Ecosystem Roadmap 2021-2030‘ PDF download: / full article
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  • Malaysia’s Cradle Fund and Invest India form strategic India-Malaysia Startup Alliance to strengthen startup ecosystems in both nations / full article
  • BoomGrow vertical farming solutions provider and CelcomDigi telco partner for tech-driven agri-tech solutions / full article
  • Japan’s Bee Informatica completes seed round, raising near $500K with Funding Bee, a digital microfinance solution for SMEs in Malaysia / full article
  • Philippines: Malaysia’s Carching Ventures launches in the Philippines to help drivers earn from product ads while driving / full article
  • Australia: NSW startups gain SE Asia market access with International Landing Pads agreements in Vietnam, Indonesia and Malaysia, and reciprocal access / full article

Video: Interview intro to Malaysia’s Carching, which recently launched in The Philippines to help drivers earn via ads installed on their cars / watch on YouTube


 

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