Malaysia

BIMB foresees carbon tax to add $240M to Malaysian government coffer

BIMB Securities Research has foreseen carbon tax to add MYR 1 billion ($240 million) to the Malaysian government coffer.

Khazanah to support more than 100 Malaysian MTCs via Dana Impak

Khazanah Nasional Berhad via Dana Impak, is catalyzing efforts to support Malaysian Mid-Tier Companies (MTC) through a dual-track approach of capacity development and mobilizing growth capital via private credit and private equity strategies.

Analysts foresee Malaysia’s National AI Action Plan 2030 to spur AI adoption

Analysts have foreseen Malaysia's National AI Action Plan 2030 to spur the artificial intelligence (AI) adoption across the country.

Malaysia, Thailand ink ten MOUs for $47.28M potential digital exports

Malaysian tech companies and Thai partners have signed ten memorandums of understanding (MoUs) which are expected to generate over MYR 200 million ($47.28 million) in potential digital export opportunities for these local tech companies.

Malaysia’s tokenized asset market could reach $43B by 2030

Malaysia’s tokenized asset market could reach $43 billion by 2030, spanning regulated products such as unit trusts, bonds and sukuk, a whitepaper showed Wednesday.

Adyen Retail Report: 58 percent of Malaysians now use AI to shop, surpassing global average

Malaysian shoppers are increasingly embracing artificial intelligence (AI), with 58 percent saying they use it to enhance how they shop, a report showed Wednesday.

Malaysia, Indonesia and Thailand expand local currency transaction framework

Bank Negara Malaysia (BNM), Bank Indonesia (BI) and the Bank of Thailand (BOT) have announced the appointment of additional qualified commercial banks to operationalize the Local Currency Transaction Framework (LCTF).

S P Setia partners Antler Ibex to launch Southeast Asia-vide AI & PropTech Challenge under Malaysia’s government initiative

Malaysia's property firm S P Setia Berhad has partnered with Antler Ibex, the corporate innovation arm of the early-stage investor Antler to launch of the Setia Al & PropTech Innovation Challenge.

SUNRATE secures Money Services Business license in Malaysia

SUNRATE, the Singapore-based payment and treasury management platform, announced Wednesday that the company has been awarded Approval-in-Principle (AIP) by the Bank Negara Malaysia (BNM) for a Money Services Business (MSB) license.

UPM and DNB partner to launch Malaysia’s first 5G-enabled AI Sandbox campus

Universiti Putra Malaysia (UPM) and Digital Nasional Berhad (DNB) have on Monday signed a memorandum of understanding (MoU) to establish Malaysia’s first 5G-powered unmanned aerial system sandbox for Beyond Visual Line of Sight (BVLOS) operations.