Kuala Lumpur : Malaysian Prime Minister Mahathir Mohamad said yesterday he wants to renegotiate a “ridiculous” water supply agreement with Singapore, the latest sign of fraying ties between the neighbours since last month’s shock election. The 92-year-old returned for a second time as premier after his opposition alliance scored an unexpected victory at the polls, toppling … Read more
Prime Minister Modi, who arrived on Thursday on the second leg of his three-nation tour, met 92-year-old Mahathir in his office at Perdana Putra Complex, Putrajaya. “Glad to have met Tun Dr. Mahathir Mohamad. I thank him for the warm welcome. We had productive discussions on further cementing India-Malaysia ties,” PM Modi tweeted in both … Read more
8/1/2018 – Dah Makan, a Malaysian food delivery startup has closed US$2.6 million pre-Series A follow-on funding from renowned startup accelerator Y Combinator (YC). Other investors including Texas Atlantic Capital, Swiss family office Atami Capital, and former founder of PE Fund APAX Partners also joined YC in leading the new round, along with participation from … Read more
26/1/2018 – Vertex Ventures Holdings Ltd, a member of Temasek Holdings has recently led a Series A round in Malaysian PoS startup StoreHub, alongside other investors including Cradle Seed Ventures, Accord Ventures, and Fintonia. With this newly raised capital, StoreHub plans to expand its presence in Malaysia, Thailand, the Philippines, as well as opening new … Read more
Malaysian SMEs (Small Medium-sized Enterprises) is the largest business establishment and vital component of the country’s economic development but how to make them win BIG? Some local research identified five key challenges faced by Malaysian SMEs : Lack of access to finance Human resource constraints Limited or inability to adopt the technology Lack of information … Read more
Indonesian state-owned telecom firm, Telekomunikasi Indonesia has recently announced its majority stake acquisition in Malaysian satellite operator TS Global Network (TSGN) for MYR 108.5 million (about US$26 million). The deal sees 70 percent of the stake being traded and carried out by Telkom Indonesia’s subsidiary Telekomunikasi Indonesia International (Telin) and will be subjected to the … Read more
