Malaysia
Malaysian lender CIMB sets 2030 climate targets to accelerate net zero by 2050
Malaysian bank CIMB Group Holdings Berhad has on Wednesday announced its 2030 climate targets for its oil and gas and real estate portfolios, becoming the first Malaysian bank to complete its 2030 decarbonization target setting for high-emitting sectors in pursuit of its broader 2050 net zero commitments, that include thermal coal mining, cement, palm oil…
Malaysia’s Oretha raises $105,759 via equity crowdfunding
Oretha Senior Care, a senior care provider in Malaysia, has announced the successful completion of its equity crowdfunding campaign, raising MYR 499,200 ($105,759) with co-investment from MyCIF.
Ride-share app inDrive projects its ride-hailing drivers in Malaysia to double by year-end – report
Founded in 2013 and incorporated in the US in 2018, inDrive is available in over 749 cities across 46 countries today, information from its website showed.
India, Malaysia & 3 other Asean countries plan instant retail cross-border payments
The central banks of India, Malaysia, Thailand, Singapore and the Philippines are working together to start an instant cross-border retail payments platform.
Jirnexu to acquire CompareHero to strengthen position as Malaysia’s fintech leader
Jirnexu Sdn Bhd, the parent company of RinggitPlus, announced last Friday a strategic transaction to acquire CompareHero, the Malaysian arm of MoneyHero Limited.
Kyndryl launches Mainframe Modernization CoE with AWS for ASEAN customers
Kyndryl, the global information technology (IT) infrastructure services provider, has on Thursday announced the establishment of its first Mainframe Modernization Center of Excellence (CoE) in Malaysia working with Amazon Web Services (AWS).
Alibaba Cloud, SAINS expand collaboration to enhance Sarawak’s digital public services, sustainability initiatives with AI-powered solutions
Alibaba Cloud, the digital technology and intelligence backbone of Alibaba Group, announced Tuesday the extension of its collaboration with Sarawak Information Systems Sdn. Bhd. (SAINS), an information and communications technology (ICT) systems integrator and solutions provider in Sarawak of Malaysia.
Malaysian hypermarket and retail chain Mydin launches new mobile ewallet
Malaysian hypermarket and retail chain Mydin Mohamed Holdings Bhd has on Wednesday launched a brand new mobile ewallet to further enhance the use of digital technology among consumers.
Great Wall Motor readies car plants in Malaysia and beyond – report
Chinese automakers are ramping up their investments in emerging EV markets overseas, especially in regions such as Southeast Asia, the Middle East, and Latin America, at a time when competition remains intense at home and the US and Europe are imposing punitive tariffs on China-made EV imports.
Malaysia to tap Chinese investors to build more data centers – report
US tech giants including Microsoft Corp, Google and Nvidia Corp had already announced plans to build data centers in Malaysia in the past year, and Chinese firms are interested in developing more to serve the nation’s tech companies which want to enter the Southeast Asian market
