Malaysia

Malaysia’s GXBank expands MSME financing access higher loan limits, digital guarantees

Malaysia's GX Bank Berhad (GXBank) has expanded its GX Business Banking services for micro, small and medium enterprises (MSMEs), including higher financing limits and broader eligibility requirements for business account applications and credit assessments.

Funding Societies, Boost Bank partner to expand property-backed business financing for SMEs in Malaysia

Singapore-headquartered digital financing platform Funding Societies and Malaysia’s homegrown digital lender Boost Bank have on Monday announced a strategic partnership to broaden access to property-backed business financing for small and medium enterprises (SMEs), including asset-owning micro, small, and medium enterprises (MSME)s and growing SMEs, in…

BIMB sees policy shifts Malaysia from import-driven to localization-driven EV growth

BIMB Securities has foreseen policy shifts Malaysia from import-driven to localization-driven electric vehicle (EV) growth, pushing foreign original equipment manufacturers (OEMs) toward completely knocked down (CKD) assembly.

Human empathy still critical as AI reshapes customer experience industry – MDEC’s CEO

Automation and artificial intelligence (AI) may be reshaping the customer experience industry, but human empathy and connection must remain at the center of how the sector evolves, Malaysia Digital Economy Corporation (MDEC)'s chief executive officer Anuar Fariz Fadzil said Friday.

Australia’s NEXTDC launches $720M data center in Malaysia

NEXTDC Limited, an Australia-based digital infrastructure provider, has on Thursday announced the official launch of KL1 Kuala Lumpur, its first international data center with $720 million, establishing a strategic platform to support the rapid growth of artificial intelligence (AI), cloud computing and digital services across Southeast Asia.

Ant Digital Technologies & RYT Bank win Best AI-Powered Customer Experience Award in Malaysia

The award recognises the joint achievement of both organisations in deploying enterprise-grade AI technology to deliver personalised, scalable financial services and bring best-in-class customer experiences in Malaysia, according to a statement.

Maybank sees data center infrastructure spending still accelerating in Malaysia

Data center infrastructure spending is still accelerating in Malaysia, with capacity pipeline in the country expected to reach 7.5GW over the next five to ten years, Maybank Investment Bank said on Monday.

TotalEnergies reaches financial close, starts construction of 30 MWac solar project in Malaysia

TotalEnergies, together with MK Land Holdings Berhad, a diversified group in Malaysia, has announced the financial close for its 30 MWac (approx. 50 MWp) solar power plant located in Kulim, Kedah.

Malaysia’s semiconductor firm FusionAP raises $2M to expand advanced semiconductor packaging

FusionAP Sdn Bhd, a Malaysia-based advanced semiconductor packaging company, has raised $2 million in a pre-seed funding round co-led by Vertex Ventures Southeast Asia & India and Southern Capital Group.

Malaysia’s TNG Digital expands SME financing access with CIMB as its first partner

TNG Digital Sdn. Bhd, the operator of Malaysia’s digital financial services and lifestyle app TNG eWallet, has on Tuesday announced the launch of its first fully digital, in-app business financing platform that connects micro and small businesses to financial institutions, with CIMB Bank Berhad (CIMB) as its first financing partner on the platform.