Malaysia’s tech news
December 2022 headlines
The December 2022 round-up of Malaysian tech news headlines, below, touches on items including AirAsia’s startup-boosting moves, the new Penang Startups Investor Club, earned wage access and more. Hit the links to read each article online, in full.
You can also get Startup News Asia’s tech news updates in our weekly newsletters, via Substack and LinkedIn.
Creative Digital District / George Town, Penang, Malaysia
- Malaysia: Penang Startups Investor Club launch event set for December 8th in George Town, taking place in Draper Startup House Penang
- Malaysia: Saudi Arabian Al Rajhi Bank’s Malaysia operation launches Rize digital banking app, offering Shariah-compliant financial services
- Muslims in the Metaverse: “New virtual products like ‘Kaaba glasses’ are raising thorny questions about so-called ‘metaworship'”
“Beyond the metaverse market, the virtual hajj also proves a testament to our COVID-19 era. The pandemic forced many to pray at home (either alone or via live streaming) and caused a temporary suspension of communal Friday prayers. Muslim pilgrims also faced curbs on hajj participation and had to abide by various health, hygiene and social-distancing rules.”
- Malaysia: Paywatch earned wage access service provider raised $9M Pre-Series A, focusing on Malaysia and South Korea and with sights on Philippines and Hong Kong expansion
- Malaysia: Gov’t Ministry’s MYStartup initiative partners AirAsia Academy to boost knowledge and education in the country’s startup community
Lowy Institute: Asia Power Index, 2023 edition
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