Author: Digital News Asia

Sime Darby gets into startup game as investor into Socar Mobility Malaysia’s US$55mil Series B funding
Further expansion in SEA targeted following covenant-based investment Tech enhancements & increase safety measures that will improve profitability
Fortinet partners Multimedia University to train cybersecurity talent
Fortinet partners Multimedia University to provide its IT students with industry-recognised cybersecurity training and certifications. 
Digi launches JomFibre campaign with more savings
Digi has launched a nationwide JomFibre campaign to support the rising demand for high-speed internet access as Malaysians continue to work and study from home. 
FT Focus report shows APAC banks lag in digital transformation, two in three expect to lose market share
Banks must reposition themselves, embrace tech to avoid extinction 3 in 5 believe they will cease to exist unless they change business models
Carousell hits unicorn status, valued at US$1.1bil with US$100mil raise from Korea’s STIC Investments
Up investments in recommerce across more markets, seek acquisitions Looking to introduce higher-value products, including luxury goods & cars
Lam Research strengthens global manufacturing network with largest manufacturing facility in Malaysia
Company exceeds initial estimates on facility size and local hiring to meet rising demand Among the first of top global wafer fab equipment makers to set up facility in Penang
Alpha Startups Digital Accelerator is back with Cohort 38
Window still open for entries till Fri the 17th MDEC and Digital Penang co-organisers with 1337 Ventures
Indonesian logistics management startup, McEasy raises US$1.5 mil seed funding from  East Ventures
McEasy, an Indonesian-based SaaS provider for logistics vehicle management and tracking has raised US$1.5 million in seed funding from East Ventures. 
Asia-Pacific M&A hit highest value on record fueled by technological innovation and ESG agendas
Tech, advanced manufacturing & mobility sectors topped regional deal activity M&A targeting tech firms hit record in Asia-Pacific, deal value up 88% Y-on-Y
MaGIC–Penjana Kapital collaboration offers seed stage startups better access to funding
Unlock investment opportunities for innovative startups to scale regionally MaGIC kicks off two key programmes – Ace Your Pitch and Strike a Pitch
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