Singapore-based fintech startup 4xLabs wants to even out what it describes as the ‘asymmetric knowledge’ in the moneychanging market, helping consumers find the moneychangers with the best rates.
US technology giant Dell Inc is expecting a rather ‘flattish growth’ in Malaysia for next year, as companies increasingly feel the effects of the volatile currency exchange rates.
Kuala Lumpur-based hyperlocal logistics company NeonRunner intends to raise US$3 million in its next round of funding, and having learned its lesson from the plunge of the ringgit, is seeking it in the greenback.
Pay-TV operator Astro Malaysia Holdings Bhd is confident that the emergence of new over-the-top video-on-demand players will not hurt its market dominance or have an impact on its revenue.
Malaysia’s IT spending is expected to increase to RM65.1 billion (US$17.9 billion) in 2015, a 7.5% rise from last year, according to the latest forecast by Gartner Inc.