Malaysia’s tech news in September 2023 spanned areas including a number of tech boosts for Penang state, Malaysia’s bid for digital nomad hub status, HSBC Malaysia’s New Economy Fund for tech, startups and innovation, and more.
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- Malaysia: China’s xFusion, computer power and infra services firm, partners Malaysia’s NationGate for RM1.7BN global supply centre in Penang
- Malaysia: MYStartup NXT Penang micro-conference for founders, investors & developers is set for September 13-14
- Malaysia Digital Economy Corp and Airbnb in MoU to collaborate on DE Rantau initiative, aiming to establish Malaysia as global hub for digital nomads
- Malaysia: An overview of the government’s sovereign wealth fund, Kazanah Nasional Berhad, and the many ways in which it is investing in the country’s future
“The Future Malaysia Programme (FMP) is one such expression of that focus, specifically for local entrepreneurs, start-ups and businesses to spur innovation and economic growth by driving strategic collaboration within Malaysia’s start-up and corporate venture ecosystem – fostering the sharing of ideas and enhancing business value creation.
“The FMP and other initiatives launched are important milestones for Dana Impak and the wider Khazanah in increasing Malaysia’s economic competitiveness and building national resilience.”
- Malaysia Digital Economy Corp and City Uni of Hong Kong ink MoU to develop connections between the innovation, entrepreneurship and startup ecosystems in HK and Malaysia
- HSBC Malaysia unveils $106M HSBC New Economy Fund to provide funding solutions for tech-led businesses emerging startups from Series B stage onwards
- Malaysia: Singapore’s GlobalFoundries chip-maker opens new facility in Penang, creating 300 roles supporting Singapore, US and European operations
- Malaysia: Gov’t KWAP pension fund launches Dana Perintis initiative, aiming to invest up to $206M across 24 months into Malaysian early-stage firms, innovation and ecosystems
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