Malaysia

E-commerce continues to drive Malaysia’s digital economy with $227B in revenue for first three quarters of 2025

Malaysia’s e-commerce revenue for the first nine months of 2025 reached MYR 937.5 billion ($226.67 billion U.S. dollars), an increase of 1.9 percent compared to the same period in 2024.

MUFG extends $36M working capital facility to Carsome Capital

MUFG Bank (Malaysia) Berhad, a subsidiary of global financial institution, Mitsubishi UFJ Financial Group, Inc. (MUFG), has extended a new revolving working capital facility totaling MYR 150 million ($36.27 million) to CARSOME Capital Sdn Bhd (Carsome Capital), the financing arm of Carsome Group, a Southeast Asia’s integrated automotive e-commerce…

HSBC Malaysia grants its first social loan to CapBay to support the growth of SMEs in Malaysia

HSBC Malaysia has recently provided its first social loan facility to Bay Harbour Ventures Sdn Bhd (BHV), a special purpose vehicle by peer-to-peer (P2P) lender CapBay.

SC announces first cohort of regulatory Sandbox participants

The Securities Commission Malaysia (SC) has announced the selection of six participants for the inaugural cohort of its Regulatory Sandbox.

Tykhe Capital partners Skyvast to launch AI infrastructure tokenized fund with initial size of $150M

Pioneer Asset Management, a subsidiary of Hong Kong-based Tykhe Capital Group, and Skyvast Digital, part of the Malaysia-based Skyvast Corporation Group, have announced the launch of the world's first global-grade artificial intelligence (AI) infrastructure tokenized fund – the SKYD Token, with an initial size of $150 million.

IFC, PDT, Ditrolic Energy team up to develop $6B renewable energy corridors in Johor

The World Bank Group (WBG), through its private sector arm the International Finance Corporation (IFC), Permodalan Darul Ta’zim (PDT), the strategic investment arm of the Johor State, and Ditrolic Energy, an integrated energy company, have signed a collaboration agreement to jointly develop a $6 billion Southern Johor Renewable Energy Corridor (SJREC) in…

Malaysia’s Catcha Digital profit surges 345 percent year on year in third quarter

Malaysia-listed digital media firm Catcha Digital Berhad announced Monday that it has reported a record revenue and profit after tax of MYR 25.26 million ($6.1 million) and MYR 5.39 million ($1.3 million) for the third quarter of FY25.

Vantage Data Centers completes $1.6B investment in APAC Platform from GIC and ADIA

Vantage Data Centers, a global provider of hyperscale data center campuses, announced Monday that it has completed a $1.6 billion equity investment into its Asia-Pacific platform led by an affiliate of GIC, a global institutional investor, and a wholly owned subsidiary of the Abu Dhabi Investment Authority (ADIA).

Infobip aims to build sustainable, long-term presence in Southeast Asia after Infobip Shift KL [Q&A]

TNGlobal recently talked to Ivan Brezak Brkan, Developer Experience Director at Infobip, to learn more about the event, the company's strategic vision for the Southeast Asian market, how is Infobip helping developers and startups, among others.

Malaysia’s Solarvest secures $77.99M EPCC contract for solar project in Perak

Malaysia-based clean energy firm Solarvest Holdings Berhad has secured an MYR 320 million ($77.99 million) engineering, procurement, construction, and commissioning (EPCC) contract under the large scale solar 5 program (LSS5).