More needs to be done to establish Malaysia as a startup hub - SC

KUALA LUMPUR: The startup industry in Malaysia has seen positive developments but more must be done to establish the country as a startup hub, the Securities Commission (SC) Malaysia said.

Chairman Datuk Seri Awang Adek Hussin said that deepening the pool of capital as well as encouraging Malaysia’s investor community to invest in the startup ecosystem are two critical areas moving forward to establish the country as a startup hub.