Mumbai: Fintech startup Basic Home Loan, an online brokerage for mortgages, has secured a $4.7 million equity investment in a pre-Series B funding round. The round was led by equity investor Ashish Kacholia, with existing investors Gruhas and Venture Catalysts increasing their stake. New investors including Dexter Angels, IIM Indore Alumni Angel Fund, and CommsCredibleRead more
(Left to right) Ipoh City Council senior director (services) Zulkifle Jaafar Sidek, Go Plus Hub chief founder and executive officer Jeff Wong, Perak Cultural Economy Policy and Research Centre director Shannon Lee and Perak State Tourism, Industry, Investment & Corridor Development Committee chariman Loh Sze Yee announce Ipoh’s NFT-driven festival. — Picture courtesy of Cultural EconomyRead more
Google Trends is a useful tool to observe how trends are changing for specific topics. This time, I entered the three phrases that represent paradigm shifts in AI technology: “Expert System,” “Deep Learning,” and “Generative AI” to observe the results. Using 2004, the earliest available data point in Google Trends, as a starting point, interestRead more
Fahmi said that once the target is achieved, the government will allow the creation of a second network and will then embark on a dual wholesale network approach. — Bernama KUALA LUMPUR: The rollout of the 5G network in the country has reached 62.1% coverage of populated areas as at May 31 involving 5,058 5GRead more
Communications and Digital Minister Fahmi Fadzil said LTW, a platform to showcase the latest digital initiatives, could help foster international partnerships in driving innovation and bridging the digital divide. – BERNAMA pic LONDON: Malaysia’s participation in London Tech Week (LTW) will further strengthen the country’s position in digital technology, especially as a hub for dataRead more
Eileen Ooi KUALA LUMPUR: The digital industry is gearing up for d Conference and d Awards 2023, which will be held on June 22 and 23 at Nexus, Bangsar South, where the community will decode emerging digital trends and shape the future of digital economy together. The organiser, Malaysian Digital Association (MDA), has planned anRead more
10 agreements between Malaysian and international companies are expected to be signed on Tuesday. Malaysia Digital Economy Corporation CEO Mahadhir Aziz said the UK is becoming one of the main contributors to Malaysia’s digital economy. (Bernama pic) PETALING JAYA: Deals involving foreign investment amounting to billions of ringgit are expected to be signed at aRead more
Imagine a day when Malaysians can simply stroll around without carrying cash in hand; every hawker aunty accepts e-wallet payments, and even grandparents are digitally savvy at transacting with their phones. The push for getting Malaysians to use digital payments daily is ramping up, and Payments Network Malaysia Sdn Bhd (PayNet) wants to expedite this. With theRead more
Entrepreneurial approach adopted by MDEC to building out global networks Provide founders a support system that understands challenges they face Malaysia Digital Economy Corporation (MDEC), an agency operating under the Ministry of Communications and Digital, stands at the forefront of Malaysia’s digital economy development. Its paramount mission is to empower businesses and propel digital transformation,Read more
Umno president Ahmad Zahid Hamidi says it is necessary as the gig sector is booming and is expected to grow at a rate of 23% per year. KUALA LUMPUR: Umno has called for the immediate setting up of a Gig Economy Commission Malaysia (SEGiM) to regulate the gig industry ecosystem and safeguard the welfare ofRead more
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