As neighboring countries, Malaysia and Indonesia may be “hostile” in many sectors, but this time, both countries are agree to probe the joint fund to invest on technology startups in regional area. The MoU [pdf] is signed by The Malaysian Executive Technology Development Corporation (MTDC), Norhalim Yunus and the head of Indonesian Investment Agency (IIA) Soritaon Siregar in Kuala Lumpur and witnesses by Malaysian Prime Minister, Datuk Seri Najib Razak. It has not informed yet how much is the investment value will be invested for the joint fund investment.
Cited from Bernama, the agreement released by MTDC and IIA, it is infered that the regional funding is the dedicated funding received by Malaysia and Indonesia to support the entrepreneurship and new business strategic innovation in technology ecosystem.
Continue reading Malaysia and Indonesia Probe the Joint Fund for Technology Startup
Sebagai negara bertetangga, Malaysia dan Indonesia bisa saja “berseteru” di berbagai bidang, tapi kali ini kedua negara serumpun ini sepakat untuk menjajaki pendirian suatu joint fund untuk mendanai start-up teknologi di kawasan regional.