Malaysia launches aggressive tax breaks for VC firms, while Canada and the EU sign a historic partnership reshaping global trade and defence priorities.

🇲🇾 Malaysia

Malaysia’s government is introducing a 5% tax incentive for venture capital funds investing in local startups. Announced by Second Finance Minister Amir Hamzah Azizan, the plan aims to boost the digital economy and attract private equity into the national startup ecosystem.

🌍 International

Canada and the European Union have signed a wide-ranging security and defence partnership. Prime Minister Mark Carney’s visit to Brussels marks a turning point as Canada seeks less reliance on the U.S. and opens doors to EU joint defence procurement and deeper trade alignment.

🌏 Asia

While Malaysia focuses on growth incentives, Asia’s broader markets are watching closely as Western alliances begin to shift. From the Indo-Pacific to the digital economy, these moves could reshape Asia’s strategic calculations.

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