Malaysia reaffirmed its position as a regional hub for tech start-ups with the announcement of leading global venture builders setting presence in Malaysia to help accelerate the growth of start-ups in Malaysia and Southeast Asia. 

Mountain Partners, a Swiss-headquartered company builder, will set-up their Southeast Asia operations hub in Malaysia. The set-up will see Mountain Partners helping more than 15 of their global portfolio companies expand into Malaysia by creating their presence here, and creating more than 400 job opportunities, including more than 50 top C-suite talent roles. Mountain Partners will also set-up a USD100 million fund to invest in Malaysia and Southeast Asia tech start-ups.

As the Association of Southeast Asian Nations (ASEAN) turns 50 this year, the economic strides that have made the regional bloc the world’s seventh-largest economy will set it up for sustained growth, increased prosperity and exciting prospects for the next half century. Malaysia is one of the founding members of ASEAN. 

“Technology, and how it will continue to change the way people live, work, shop, dine, travel and save, is perhaps one of the most fascinating advances in recent times, and one that presents vast opportunities ahead. 

International Trade and Industry Minister, Datuk Seri Mustapa Mohamad kicked off his trade and investment mission to Europe by leading a strong delegation of senior representatives from economic corridors, investment promotion agencies (IPAs) and state governments to Hamburg, Germany on 18 October 2017. 

The event attracted 120 participants representing the International Hamburg Chamber of Commerce, German Asia Pacific Business Association as well as key German corporate leaders. More than 100 business meetings were held between leading German companies and Malaysian IPAs. The last time a similar event organised by MITI took place in this city was back in 2010.

Malaysia Airports Managing Director Datuk Badlisham Ghazali, has been appointed as a director on Airport Council International’s (ACI) World Governing Board.

Datuk Badlisham who has been a Director of ACI’s Regional Asia-Pacific Board since 2016, joined other leaders of ACI at its World Governing Board meeting held on 14 October 2017 in Port Louis, Mauritius.