Siew Mung Tan
Stories by Siew Mung Tan
Forget WeWork’s woes, SE Asia’s co-working space operators are expanding
WeWork's SE Asia peers claim to have emerged largely unscathed with big expansion plans for this year.
Political uncertainty to drag down investor sentiment in Malaysia
Startup investments in Malaysia in 2019 stood at $232 million, down 42 per cent from $398.2 million in 2018.
Malaysian state funds scout for overseas deals to drive growth
Khazanah, PNB and EPF are appointing foreign fund managers to pursue bets in overseas markets.
Malaysia’s Commerce.Asia picks up 30% stake in local firm BizApp
Although the exact deal size could not be ascertained, it is understood to be a seven-digit investment.
Grab to take Malaysia competition watchdog to court over proposed fine
Malaysia Competition Commission had proposed a $20 million fine on Grab for imposing restrictive clauses on its drivers.
Khazanah exits VC firm First Floor Capital amidst wider portfolio re-jig
In an email response, Khazanah confirmed that it is "no longer a shareholder of First Floor Capital."
Malaysia’s co-work space provider Colony in talks to raise $20m for overseas expansion
Cornerstone Partners had in 2018 acquired a 10% stake in Colony in a deal understood to have valued the Malaysian startup at $15-20 million.
Malaysia’s motorbike-hailing services may struggle to take off
The weak demand is due to the robust public infrastructure and high private vehicle ownership.
Malaysia’s Axiata Digital aims to apply for digital banking licence, says CEO
The company plans to place its application in the second or third quarter, said Mohd Khairil Abdullah.
Is Malaysian PM Mahathir’s new national car project a worthwhile endeavour?
Malaysia's national automotive policy needs to address technology, ecosystem and business model issues.
