KL20

2024 - 4 - 22

KL20 Summit 2024: Malaysia's Path to Startup Success

KL20 Summit entrepreneurship - Hangzhou Government - innovation - Khazanah Nasional - KL20 Summit - Malaysia - Phison Electronics - startup ecosystem

Discover the latest news on Malaysia's KL20 Summit and its impact on the country's startup ecosystem!

The KL20 Summit 2024 is set to revolutionize Malaysia's startup scene, attracting high-quality investments with the aim of turning the country into a top destination for entrepreneurs. Prime Minister Datuk Seri Anwar Ibrahim highlighted Malaysia's stable government, good governance, and pro-trade legacy as key factors that make it an attractive hub for startups. The summit, launched at the Kuala Lumpur Convention Centre, features initiatives like the Innovation Pass visa program to support business founders and talent.

In a strategic move, Kuala Lumpur City Hall signed a 'start-up city connect' collaboration with the Hangzhou Municipal People's Government, boosting economic ties and innovation exchanges between the two cities. Additionally, Khazanah Nasional Bhd announced the launch of a national 'fund-of-funds' with a generous RM1 billion allocation, aiming to further bolster Malaysia's startup ecosystem.

Economy Minister Mohd Rafizi Ramli introduced incentives for VC firms and global tech giants to establish a presence in Malaysia, emphasizing the government's commitment to fostering a conducive environment for investment and innovation. With the KL20 Summit 2024 in full swing, Malaysia is on track to solidify its position as a thriving hub for startups in the region.

As the summit progresses, key talent initiatives outlined in Malaysia's KL20 Action Paper, such as the Innovation Pass visa program, are expected to play a pivotal role in attracting and retaining top entrepreneurial talent. The collaboration between DBKL and the Hangzhou government underlines Malaysia's commitment to fostering international partnerships and innovation exchanges in the startup sector.

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Image courtesy of "The Star Online"

KL20 Summit 2024 to attract high-quality investments - PM (The Star Online)

Prime Minister Datuk Seri Anwar Ibrahim noted that Malaysia's stable government and good governance, pro-trade legacy and neutral stance meet the demands of ...

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Image courtesy of "Malay Mail"

Going beyond unicorns: How KL20 aims to turn Malaysia into a top ... (Malay Mail)

KUALA LUMPUR, April 22 — Despite several initiatives and milestones by the government to spur the local startup scene, online used car trading platform ...

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Image courtesy of "New Straits Times Online"

KL20: DBKL inks LOI with Hangzhou local govt to boost economic ... (New Straits Times Online)

KUALA LUMPUR: Kuala Lumpur City Hall has signed a 'start-up city connect' collaboration with the Hangzhou Municipal People's Government.

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Image courtesy of "The Malaysian Reserve"

KL20 Summit 2024 boosts Malaysia's start-up... (The Malaysian Reserve)

Prime Minister Datuk Seri Anwar Ibrahim (picture) launched the event at the Kuala Lumpur Convention Centre today, slated to wrap up tomorrow. He said KL20 ...

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Image courtesy of "Human Resources Online"

Malaysia's KL20 Action Paper: Key talent initiatives outlined for 2024 ... (Human Resources Online)

Several talent initiatives were also launched, including the Innovation Pass, a visa programme that enables founders of businesses and their talent to work ...

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Image courtesy of "Free Malaysia Today"

Khazanah to launch national 'fund-of-funds' with RM1bil allocation ... (Free Malaysia Today)

KUALA LUMPUR: Prime Minister Anwar Ibrahim today announced that sovereign wealth fund Khazanah Nasional Bhd would launch a national “fund-of-funds” to ...

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Image courtesy of "New Straits Times Online"

[Updated[Khazanah Nasional to launch Malaysian-focused fund ... (New Straits Times Online)

KUALA LUMPUR: Khazanah Nasional Bhd will launch a Malaysian-focused fund with an initial allocation of RM1 billion, dubbed the “National Fund-of-Funds.”

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Image courtesy of "The Edge Markets MY"

Rafizi launches incentive drive for VC firms, tech giants to set up ... (The Edge Markets MY)

Economy Minister Mohd Rafizi Ramli on Monday announced a slew of incentives for venture capital (VC) firms as well as global technology companies to set up ...

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Image courtesy of "The Sun Daily"

DBKL, Hangzhou ink LoI to focus on Smartup City Connect ... (The Sun Daily)

Minister in the Prime Minister's Department (Federal Territories) Dr Zaliha Mustafa said the collaboration is a historic moment for Malaysia and the People's ...

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Image courtesy of "New Straits Times Online"

Khazanah Nasional to launch Malaysian-focused fund with RM1 ... (New Straits Times Online)

KUALA LUMPUR: Khazanah Nasional Bhd will launch a Malaysian-focused fund with an initial allocation of RM1 billion, dubbed the “National Fund-of-Funds.”

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Image courtesy of "New Straits Times Online"

Govt rolls out initiatives to make KL top start-up hub [UPDATED] (New Straits Times Online)

Prime Minister Datuk Seri Anwar Ibrahim, during the launch of the KL20 Summit 2024 today, said it was an ideal launch pad for innovative ideas, affirming the ...

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Image courtesy of "EdgeProp.my"

DBKL, Hangzhou ink LoI to focus on Smartup City Connect ... (EdgeProp.my)

Minister in the Prime Minister's Department (Federal Territories) Dr Zaliha Mustafa said the collaboration is a historic moment for Malaysia and the P...

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Image courtesy of "Digital News Asia"

Malaysia rolls out bold plans at the inaugural KL20 Summit (Digital News Asia)

Over 25 investors, companies committed to investing into startup ecosystem; Khazanah's US$209m Fund-of-Funds investment in high-growth M'sian businesses.

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Image courtesy of "TechNode Global"

Malaysia introduces incentives to lure global unicorns - report ... (TechNode Global)

Earlier on Monday, Prime Minister Anwar Ibrahim launched the KL20 Action Plan paper in conjunction with the inaugural KL20 Summit 2024.

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Image courtesy of "The Sun Daily"

Malaysia aims to attract global unicorns via golden pass: Rafizi (The Sun Daily)

“With the right investors and right talent in Malaysia, we will make Malaysia the Southeast Asian base for global technology companies under the Unicorn Golden ...

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Image courtesy of "Malay Mail"

Homecoming of 'father of USB drives': Featured at KL20 Summit ... (Malay Mail)

KUALA LUMPUR, April 23 — One of the major highlights from the KL20 Summit yesterday was Datuk Pua Khein Seng of Taiwan-based Phison Electronics ...

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Image courtesy of "SoyaCincau.com"

Phison-backed Malaysia AI Storage to be operational soon (SoyaCincau.com)

The co-founder of Phison and USB flash drive inventor, K.S Pua has unveiled the Malaysia AI Storage. The new IC design venture will be based in Selangor.

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Image courtesy of "Malaysiakini"

KL20 Summit 2024: Government Rolls Out Comprehensive ... (Malaysiakini)

Kuala Lumpur, Malaysia – 22 Apr 2024 - The Malaysian Government aims to propel Kuala Lumpur into the ranks of the top 20 global startup hubs by 2030.

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