Malaysia

Malaysia government to establish sovereign AI cloud to safeguard national capabilities – report

The Malaysia government will establish a sovereign AI cloud to ensure the country's national artificial intelligence (AI) capabilities are secure, sovereign and able to support government services as well as the country’s digital development.

Solarvest, Press Metal team up to deliver $90.14M solar farm in Sarawak

Malaysia's clean energy firm Solarvest Holdings Berhad has teamed up with aluminum producer Press Metal Berhad to deliver Sarawak's 100-megawatt solar farm with an estimated investment cost of MYR 380 million ($90.14 million).

Malaysia’s Edelteq secures strategic investment from KMP, forms semiconductor inspection venture

Malaysia's technology firm Edelteq has secured strategic investment from Kumpulan Modal Perdana Sdn. Bhd (KMP), a tech-focused venture capital firm wholly owned by the Malaysian government.

SC-led committee issues illustrative sustainability reports to guide companies on ISSB standards

Securities Commission Malaysia (SC)'s Advisory Committee on Sustainability Reporting (ACSR) has on Tuesday issued the Illustrative Sustainability Reports (ISRs) based on the ISSB Standards, to support sustainability disclosures under the National Sustainability Reporting Framework (NSRF).

Kenanga sees Malaysia’s technology firms well placed to ride global recovery

Against a backdrop of resilient semiconductor momentum, accelerating artificial intelligence (AI)/ high-performance computing (HPC)-driven capital expenditure (capex), firmer autos, and contained tariff risk, Kenanga Research has turned positive on Malaysia's technology sector and foreseen the firms are well placed to ride the global recovery.

Aeon Credit partners MUFG to launch $119M social loan in Malaysia

MUFG Bank (Malaysia) Berhad (MUFG), a subsidiary of Mitsubishi UFJ Financial Group, Inc. has signed a MYR 500 million ($119 million) social loan with AEON Credit Service (M) Berhad (AEON Credit), a financial service provider in Malaysia.

CapBay partners TrackerHero to launch $200M initiative to boost digitalization among Malaysia’s SMEs in security services

Bay Group Holdings Sdn Bhd (CapBay), a Malaysian supply chain financing provider and peer-to-peer (P2P) financing platform, and Ultrack Technology Sdn Bhd (TrackerHero), a provider of security workforce management solutions, have sealed a memorandum of understanding (MoU) to accelerate digital adoption and growth among small and medium-sized enterprises…

Digital Penang, MBAN launch Angel Investment Accelerator to strengthen Penang’s startup ecosystem

Digital Penang, in collaboration with the Malaysian Business Angel Network (MBAN), announced last Thursday the launch of the Angel Investment Accelerator Program, an initiative designed to nurture a new generation of angel investors while bridging the critical funding gap for early-stage startups in Penang.

SCEKL 2025 concludes with strong outcomes for Asean’s digital future

SCEKL 2025 welcomed 10,700 registered participants who came from all over the country and also from the ASEAN region. As the first Southeast Asian city to host the Smart City Expo World Congress, Kuala Lumpur has positioned itself as a convening hub for the region’s AI Cities and digital transformation dialogue. Delegates from 28 ASEAN cities underscored…

Carsome marks 10th Anniversary with ‘Pakej Rakyat’, offering refurbished cars from $47/month

Carsome Group Inc, Southeast Asia’s largest integrated car e-commerce platform, marked its 10th anniversary with the launch of Pakej Rakyat, a program that offers high-quality refurbished cars from MYR 199 ($47) per month under Carsome Value Plus, together with a free one-year warranty and service packages, supported by its in-house financing through…