Sime Darby Auto Connexion (SDAC), the sole distributor of Ford in Malaysia, today announced a strong showing in January helped by a surge in demand for the ‘Built Ford Tough’ Ranger.

Ranger sold 590 units in January, helping it garner a 20.5 percent share of the market segment.

AirAsia’s digital venture arm, RedBeat Ventures, announced it is establishing a global venture capital fund, RedBeat Capital, alongside a strategic partnership with 500 Startups, a leading startup accelerator and venture capital firm based in San Francisco

RedBeat Capital is designed to support post-seed stage startups, investing in scalable startups seeking to enter or expand their presence in Southeast Asia, with a particular focus on:

Curlec, an online Direct Debit payments company has announced the completion of its seed funding round led by Captii Ventures.

Curlec plans to use this fresh capital to further grow their Malaysian operations and take their online Direct Debit payments platform to the mass SME market.