Malaysia

JC3 to advance climate agenda through coordinated and collaborative efforts

The Joint Committee on Climate Change (JC3), co-chaired by Bank Negara Malaysia (BNM) and Securities Commission Malaysia (SC), said Monday it remains committed to advancing the climate agenda through coordinated and collaborative efforts.

Hunan Yuneng chooses Malaysia for its Southeast Asian lithium battery manufacturing hub

Chinese battery manufacturer Hunan Yuneng New Energy Battery Material Co., Ltd. has officially committed to establishing its first Southeast Asian manufacturing facility in Malaysia.

Penang Digital Economy Summit 2025 concludes with bold commitments to advance the digital economy of Penang into a tech & innovation hub

One of the summit’s cornerstones was the ceremonial unveiling of the Digital Economy Master Plan (DEMP) 2025–2030. This long-term strategic roadmap outlines Penang’s vision to become a digital-first state through collaborative efforts among state and federal government agencies, GLCs, technology leaders, and industry players. The DEMP focuses on driving…

MIDA and MUFG Bank partner to drive Malaysia’s innovation economy

The Malaysian Investment Development Authority (MIDA) and global banking subsidiary MUFG Bank (Malaysia) Berhad announced last Thursday a ground-breaking partnership to accelerate high-value investments in Malaysia.

J&C Pacific partners with PayNet to revolutionize FMCG promotions via AI WhatsApp platform

J&C Pacific Sdn Bhd, a Malaysia-based artificial intelligence (AI)-driven retail marketing solutions firm, has entered into a strategic collaboration with Payments Network Malaysia Sdn Bhd (PayNet), the national payments network and the operator of the MyDebit scheme, to modernize the way fast-moving consumer goods (FMCG) campaigns are executed in…

Open DC unveils Penang’s first next-generation data center

As demand for high-performance computing and low latency connectivity intensifies, Open DC, a Malaysia-based data center solutions firm, has unveiled Penang’s first full-scale, next generation data center (PE2).

CIMB: US’s potential implementation of 100 percent tariff on semiconductors would be negative for Malaysia’s technology sector

The United States' potential implementation of a 100 percent tariff on semiconductors would be negative for Malaysia's technology sector, although there could be potential exemptions for certain multinational corporations (MNCs) that may renegotiate terms through strategic investment commitments in the US, a research house said Friday.

KAF Digital Bank receives Malaysia’s green light for public onboarding

KAF Digital Bank announced Thursday it has received regulatory approval from Bank Negara Malaysia (BNM) to officially onboard members of the public as customers, following the successful completion of its rigorous PERINTIS Phase.

Ant International’s WorldFirst gets approval to provide payment services in Malaysia

WorldFirst, the payment firm of Ant International, has secured approval to provide payment services in 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.