Malaysia

MDEC secures $87.4B digital investments in 2025, driven by AI

The Malaysia Digital Economy Corporation (MDEC) has secured MYR 87.4 billion ($22.35 billion) in approved digital investments in 2025, driven largely by the growth in artificial intelligence (AI), big data, data centers and cloud services.

RHB sees global semiconductor recovery, robust AI-related demand to support Malaysia’s tech sector

RHB Investment Bank Research sees Malaysia's technology sector revenue and earnings growth momentum to continue to prevail in FY26, supported by the ongoing global semiconductor recovery and robust artificial intelligence (AI)-related demand.

Malaysia’s unicorn Carsome raises over $30M in a strategic fundraising round

With the support from the HKIC, Carsome will drive initiatives across areas such as supply chain sourcing and technology collaboration, accelerating the application of data and artificial intelligence (AI) in the automotive sector, which further empowers Carsome for its regional expansion.

Penang allocates 10 acres of industrial land for the establishment of Penang ATE Campus

Penang State Government has announced the allocation of 10 acres of land for the development of the Penang Automation, Test and Equipment (ATE) Campus.

Malaysia boosts AI, semiconductor push for technological sovereignty amid global uncertainties

Malaysia is intensifying efforts to strengthen its domestic technological capabilities in artificial intelligence (AI), semiconductors, digital technology, and innovation, as the country seeks strategic control over the technologies that will underpin its future economy.

MyCIF unveils New Silver Economy Scheme and VC-Led ProfitSharing Incentive to ease MSME funding access in Malaysia

The Malaysia Co-Investment Fund (MyCIF) has on Monday announced the new initiatives - New Silver Economy Scheme and VC-Led ProfitSharing Incentive - for micro, small, and medium enterprises (MSMEs) to seek funding in emerging growth areas and make it easier for investors to access high quality investment opportunities.

TNB and TM team up for green energy and digital infrastructure expansion in Malaysia

Malaysia's utility firm Tenaga Nasional Berhad (TNB) and telecommunication firm Telekom Malaysia (TM) have announced a strategic collaboration to strengthen cooperation in green energy solutions while developing smarter, more sustainable, and interconnected energy and telecommunications infrastructure across the country.

Malaysia’s stock exchange invites public feedback on proposed rule amendments on digital currency ETFs

Bursa Malaysia Securities Berhad has on Friday issued a consultation paper seeking public feedback on the proposed rule amendments to facilitate the listing and trading of digital currency Exchange‑Traded Funds (ETFs).

Malaysia sets new technology risk rules for payment service providers

Malaysia’s central bank has issued a policy framework outlining updated requirements for managing technology risks in the payment sector.

Malaysia’s CUSTA raises $4.3M to scale custom products across SEA

CUSTA, a Malaysia-based businesses customization platform, has raised approximately $4.3 million in capital, including a Pre-Series A equity round co-led by Delight Ventures and Global Brain.