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Asia's Tech News in May 2024
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May 2024: Malaysia

Malaysian tech news headlines in May

In May of 2024, tech news items touched on: Malaysia’s social impact ambitions; government moves to develop tech hubs in the Klang Valley; $200 million semiconductor industry news for Malaysia; major Malaysia investment from Microsoft; and more.

Other editions – daily, weekly, monthly & quarterly >

Semiconductor supply chains

BCG & SIA: Emerging resilience in the semiconductor supply chain

  • Malaysian gov’t to again allow foreign ships repair undersea cables, reinstating exemptions in bid to boost digital industry growth / read it here
  • Social Enterprise Accelerator Malaysia launches, an initiative from Ikea Social Entrepreneurship and Malaysia’s Biji-biji Initiative, seeking sustainable solutions that prioritise social impact / read it here
  • Endeavor Malaysia opens applications for 5th Cohort of Scale Up by Endeavor Program, in partnership with MYStartup and supported by Grab and GX Bank / read it here
  • Malaysia: Hong Leong Bank launches 6th edition of HLB Launchpad, aiming to co-create sustainability solutions towards national low-carbon economy goals / read it here
  • Malaysian Research Accelerator for Tech & Innovation, MRANTI, launches KL Innovation Network of tech hubs in Klang Valley in bid to boost the domestic startup ecosystem / read it here
Drones, cyber security and critical infrastructure

Flight Critical: Drones, cyber security & critical infrastructure

  • Malaysia: Microsoft adds to Indonesia and Thailand commitments with $2.2BN investment in Malaysian AI infrastructure and training for 200K Malaysians / read it here
  • Malaysia: A bit more on Blue Chip Capital’s semiconductor industry investment plans, aiming to fund at least 10 startups through $210M fund / 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
  • Alibaba Cloud to launch first Mexico region, and to establish new data centers in markets including Malaysia, Philippines, Thailand and South Korea over 3 years / read it here
KPMG Venture Pulse Q1 2024

KPMG Venture Pulse Q1 2024

Asia’s tech news: Other editions

Our other tech news editions and formats span the range from daily to quarterly, and are available on a range of platforms so as to provide readers with the widest array of reading options.

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MYStartup Malaysia

MYStartup – Single Window to Malaysia’s Startup Ecosystem

Weekly LinkedIn newsletter

Weekly Substack newsletter

Monthly summaries, online

Quarterly collections, online

Critical technologies in May 2024

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