KUALA LUMPUR, June 24 — The government has approved new venture capital (VC) tax incentives to include a five per cent concessionary tax rate for up to 10 years for eligible fund entities investing at least 20 per cent in local startups, said Finance Minister II Datuk Seri Amir Hamzah Azizan.

SHAH ALAM, April 12 — The Selangor Information Technology and Digital Economy Corporation (Sidec) has announced the 12 Malaysian tech startups shortlisted for its upcoming programme Pitch Malaysia USA Series in Silicon Valley and Washington DC.

SINGAPORE, March 17 — Malaysia's national oil company, Petroliam Nasional Bhd or Petronas, plans to expand its corporate venture capital arm by as much as US$200 million as early as April, two sources with knowledge of the matter told Reuters.

By Nasuha Badrul Huzaini SHAH ALAM, Sept 6 — Permodalan Negeri Selangor Berhad (PNSB) through its newly-established subsidiary PNSB Innovation Ventures Sdn Bhd (PIV) has allocated RM30 million in venture capital funds for potential startups in the Klang Valley. Menteri Besar Dato’ Seri...

KUALA LUMPUR, May 6 — The venture capital (VC) funding in Southeast Asia is set to have a record year in 2021, with startups in the region having raised US$6 billion (US$1=RM4.117) of VC funding in the first quarter alone.