Digital Economy
WORQ raises undisclosed pre-series B on back of profitability
Internal round participation by 14 investors at an up-round with Phillip Capital the lead
Revenue growth of 80% in 2023 with industry leading net profit margins in the mid-teens
Ex-MDEC Chairman, Dr Rais Hussin is appointed as MRANTI’s new CEO
Aims to strengthen the innovation ecosystem in Malaysia
Had a stormy 2-year tenure as MDEC chairman from July 2020-2022
SAS hackathon winner predicts and mitigates Jakarta flooding
Pursuing smart city goals, Jakarta local govt teams with SAS partner
Analyzed real-time data on rainfall, water levels, river flow to predict flooding
Malaysia maintains 36th spot out of 132 countries in Global Innovation Index 2023
Second most innovative among 36 upper-middle income countries, after China
Advancements in "Institutions" and "Human Captial and Research" categories
Mdec strengthen ties with Jetro through Malaysian-Japan Digital Exchange pitch
MDEC, Jetro partner to support tech firms from Malaysia and Japan in addressing digital challenges through the Malaysian-Japan Digital Exchange Pitch programme.
NEXEA organizes Entrepreneurs Summit on 17 Oct in Kuala Lumpur, targeting 1000 startup enthusiasts
NEXEA is organizing its fourth Entrepreneurs Summit to inspire entrepreneurship and promote innovation, collaboration, and growth in Malaysia
Ericsson showcases the possibilities with 5G at ‘Imagine Live Malaysia 2023’
Showed energy-efficient radio solutions, digital twins, network automation
Nation needs to foster collaboration, create ecosystem that can leverage 5G
MDEC partners Acxyn to help increase adoption of creative technologies in Malaysia
Acxyn, an IP tokenization platform, received a US$160k grant from MDEC
Position Malaysia as global gaming hub, attracting foreign IPs & studios
MRANTI intensifies efforts to accelerate healthtech innovation
AWS collaboration strengthens capability building and market access
Regulatory framework for sandboxing medical devices to be released soon
MDX 2023 aims to showcase Malaysia's capabilities as a leading ASEAN digital nation
A testament to nation’s readiness to explore, elevate digital ecosystems
Supported by auxiliary events such as Malaysia Digital Content Festival