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Asia's Tech News, April 2024
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Cyber attacks in Asia-Pacific in Q1 2024

Malaysia: April 2024

Malaysian technology news headlines in April 2024 covered an impressive range of achievements for the country, including: Malaysia’s moves to attract foreign knowledge, with tax incentives and more; BlackBerry phone-maker’s new Kuala Lumpur centre of cybersecurity excellence; Malaysian state moves into the global semiconductor industry spotlight; and more.

Our other editions span daily updates, weekly newsletters, monthly round-ups, and quarterly collections.

Malaysia Venture Capital Roadmap

Malaysia Venture Capital Roadmap 2024-2030 (direct pdf link)

  • Malaysia: Applecrumby babycare brand and platform raised $4.2M from 500 Global VC firm, targeting entry to 20 news countries by year-end with distributor network development / read it here
  • Malaysia: A brief look at the recent Cradle Open Day 2024 in Kota Kinabalu, Sabah, an initiative under the Ministry of Science, Tech & Innovation Cradle Fund / read it here
  • Malaysia: More on the Sabah startup ecosystem, its challenges and opportunities / read it here
  • Consortium of Indian Industries in Malaysia and India ASEAN Startup Summit ink MOU looking to boost startup and innovation exchanges / read it here
  • Malaysia: KL20 Startup Summit set for April 22-23 in Kuala Lumpur / read it here
  • Malaysia: BlackBerry opens Cybersecurity Center of Excellence in Kuala Lumpur, alongside Cybersecurity Curriculum offering globally-recognized courses and certifications / read it here
Malaysia Social Entrepreneurship

Malaysia Social Entrepreneurship Framework 2030 (direct pdf link)

  • Malaysia Venture Capital Roadmap 2024-2030 report is now available, aiming to double the total funding value of venture capital in Malaysia’s still-nascent VC industry by 2030 / read it here
  • Malaysia Digital Economy Corporation to introduce Malaysia Digital tax incentives in May, alongside expediting ‘foreign knowledge worker’ applications and national e-invoicing initiative / read it here
  • Malaysia’s MOVE Digital, Capital A’s digital arm, partners China’s Ant International for wide-ranging integration of Ant fintech and payments technologies / read it here
  • Malaysia: KL20 Startup Summit is set for April 22-23 in Kuala Lumpur, delivered by the Ministry of Digital MyDIGITAL Corp / read it here
  • Malaysia: “The government reported nearly 52K cases of harmful content on various social media platforms, including Meta’s Facebook and TikTok, in the first 3 months of 2024, compared with 43K for the whole of 2023.” / read it here
  • Malaysia’s Sarawak Microelectronics Design Semiconductor recently inked MOUs with 2 UK firms, one in the chips space, the other in blockchain and web3 / read it here
Malaysia National Blockchain Roadmap

Malaysia National Blockchain Roadmap 2021-2025 (direct pdf link)

  • Malaysia: MYStartup accelerator and NEXEA VC launch Cohort 3, selecting 25 startups from over 900 / read it here
  • Malaysia: Gov’t to build SE Asia’s largest circuit design park, offering tax breaks, subsidies and visa fee exemptions to draw firms and investors in bid to break into high-end tech manufacturing / read it here
  • Malaysia: KL20 Action Plan available to download, ‘Unleashing the Full Potential of Malaysia’s Startup Ecosystem’ / read it here
  • Malaysia: China’s Ant International unveils Digital Business Centre plans, expecting to hire 500 by next year for ‘huge operations centre’ with global tasking / read it here
  • Malaysia: Blue Chip Venture Capital to invest in more than 10 semiconductor industry firms with $209M fund, looking in part to bring China’s semicon firms to Malaysia / read it here
  • Malaysia: Penang state’s semiconductor sector to gain $100M investments from 3 China firms working in semicon packaging, equipment manufacturing and materials R&D / read it here
  • Malaysia: Khazanah retirement fund, KWPD pension fund and Blue Chip Venture Capital join for $627M SEA startup-focused fund, part of the country’s bid for global tech position into the future / read it here
  • SemiCon Southeast Asia 2024 event set for May 28-30 in Kuala Lumpur, Malaysia, looking at all things semiconductor-related / read it here
  • 3rd Malaysia-China Joint Committee Meeting on Science, Tech & Innovation Cooperation concludes with commitments to collaborate on research in key areas including space tech, AI, blockchain and advanced materials / read it here
Bluechip ratings for stablecoins

Bluechip – Economic safety ratings for stablecoins

Tech news: Asia & Indo-Pacific

Critical technologies in May 2024

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