Malaysian technology news in first quarter 2024:
Technologies, implementations, achievements & concerns
Malaysian tech in Q1 saw headlines across, for example: the emergence of the state of Penang in Malaysia as a key resource for semiconductor and semicon packaging opportunities; BlackBerry’s launch of a KL HQ’d, global Cybersecurity Centre of Excellence; Malaysia’s MEASAT reseller partnership with StarLink; and more.
In March 2024 | In February 2024 | In January 2024
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Malaysia Venture Capital Roadmap 2024-2030 (pdf link)
Malaysia tech news: Mar 2024
- Malaysia: An overview of the gov’t MYStartup program, and a brief look at Johor Bahru’s recent growth as a startup ecosystem in Southern Malaysia / read it here
- Japan’s Aeon retail group to launch an app-based digital banking business in Malaysia, targeting underserved segments of the country’s financial economy / read it here
- Malaysia: A brief intro to the 6 tech startups selected for the DiVA Digital Village Accelerator from Sarawak Digital Economy Corp’n and NEXEA / read it here
- Malaysia: An overview of MYCRS, using IoT and RFID to address the critical issue of concrete quality in the global construction industry / read it here
- Malaysia, and in particular Penang state, emerge as an unexpected winning destination for the global semiconductor industry as supply chains respond to geopolitical concerns / read it here
- Malaysia: An intro to Graphjet Technology, converting palm kernels into graphite for EV batteries and commencing production in H2 2024 with carbon and cost reductions compared to synthetic graphite / read it here
- Malaysia: MYStartup and Growth Charger accelerator unveil 26 startups selected for the MYStartup Pre-Accelerator Cohort 3 Programme / read it here
- Malaysia: A brief intro to First Move, an early-stage startup VC fund / read it here
- Malaysia: StartupPenang500 applications are open to April 30th for 8-month Penang-focused startup development program / read it here
- Malaysia: Penang Digital Creative Week 2024 is approaching – applications for projects and proposals close April 26th / read it here
- “In 2023, Malaysia shipped RM975 million worth of rare earths to China, making it the second-largest source of imported ore for the Asian giant behind Myanmar, according to trade statistics from Beijing.” / read it here
- 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
- Mobile network speeds: “Asia Pacific markets saw an improvement of 5.2Mbps on average — India, Malaysia and South Korea saw the highest speed increases… of 36.1Mbps, 17.9Mbps and 14.8Mbps, respectively.” / read it here
- A brief overview of the opportunities for Australia, Singapore and Malaysia to collaborate on addressing the various cyber issues that each nation faces / read it here
Malaysia Social Entrepreneurship Framework 2030
Malaysian tech: February 2024
- Malaysia: An overview of Malaysia’s position in terms of quantum technologies
- Malaysia: KL Startup Summit 2024 is set for April 17th in Kuala Lumpur for a one-day gathering of ecosystem stakeholders
- Malaysia’s pension fund, Kumpulan Wang Persaraan (Diperbadankan) (KWAP), has unveiled its initial investments under the Dana Perintis strategy, with $21 million. The investments include two direct investments in local startups and commitments to two venture capital funds.
- Malaysia: Maxis, the country’s leading telco, and China’s Huawei complete 5G-Advanced tech trial, achieving ultra-fast peak speeds of up to 8Gbps
- Singapore and Malaysia ink MOU to increase cross-border cooperation to tackle scams across telecommunications channels
Deloitte: Global Semiconductor Industry Outlook in 2024 –
Malaysia tech: January 2024
- Malaysia’s MY EG and China state-owned Guangxi Beitou to use MY EG Zetrix blockchain platform to internationalize digital ID verification, integrating with China’s Public Blockchain
- Malaysia: PolicyStreet insurance-tech firm gains Labuan Financial Services Authority to establish Islamic finance-compliant Takaful and Retakaful operations
- Malaysia: “…has an established presence in chip assembly, packaging and testing as well as electronics manufacturing services, producing 13% of global back-end semiconductor output.”
- Malaysia: Penang startup ecosystem gains recognition with Georgetown ranked 2nd behind Malaysian capital, and 8th in the whole of SE Asia
- Malaysia’s MEASAT satellite solutions provider signs with SpaceX to become authorised Starlink reseller, with MEASAT currently serving 130 countries across Asia, Africa, Europe & Australia
- Malaysia: Meals in Minutes raised $1.5M seed funding, led by 500 Global, with ready-made, halal-certified meal kits for the time-poor
Google Whitepaper: ASEAN and Artificial Intelligence
Asian tech news: Other platforms
- Daily – LinkedIn / Twitter/X / Facebook
- Newsletters – weekly on LinkedIn / Substack
- Monthly collections – countries across AsiaPac / IndoPac
- Asia tech, quarterly – 3 months’ coverage per country
- Critical technologies – global news, monthly & quarterly
