The tech ecosystem was packed again this week with some major developments, from the policy-making side of things to web companies sealing strategic deals. Key amongst the former is news that e-commerce is going to taxed in Malaysia, writes A. Asohan.
This was just a packed week for the ecosystem but it has become so common that Digital News Asia CEO and founder Karamjit Singh is tempted to say that it was just another typical week!
It was an exciting week for the tech ecosystem, and Karamjit Singh highlights the disruption that some Malaysian entrepreneurs are aiming to create and how bold moves such as these serve to inspire even bolder dreams in others.
e27 has secured a S$760,000 (US$614,000) round of funding, and will use it to expand its operations in South-East Asia.
Golden Gate Ventures co-founder Vinnie Lauria writes on social enterprises and the larger start-up ecosystem in South-East Asia.
Cradle CEO Nazrin Hassan was the sole Malaysian participant at this year’s World Entrepreneurship Forum, but his presence was sufficient to see some key recommendations from the nation’s perspective being included in the Forum’s guiding White Paper.
The R&D in Malaysia’s electrical and electronics ecosystem sticks out like a sore thumb. Aside from a few companies such as Intel, Motorola, Infineon and a handful of others, the four-decade old industry has not triggered a culture of R&D. Enter the Collaborative Research in Engineering, Science and Technology (CREST).
Track record sees it getting new funds where other agencies funds are cut Unused VC funds of up to RM50m to be transferred to new Khazanah firm When Digital News Asia meets Norhalim Yunus, chief executive officer of the Malaysian Technology Development Corporation (MTDC), he launches into a spirited defense of the fund he has been CEO of since 2008.
The newly announced Microsoft Surface tablet computer from the world's largest software company may have the chops as a decent tablet to compete with Apple's iconic iPad. But to truly succeed, it needs to have more mojo than just a great spec sheet, opines EDWIN YAPP.
PitchIN, Malaysia’s version of Kickstarter-style crowdsourcing funding for creative projects, kicks off today. The idea came about when three entrepreneurs got together and talked about wanting to do more for the ecosystem.