Malaysia

U Mobile, Malaysia’s Next Gen 5G network provider, has signed a memorandum of understanding (MoU) with Melaka ICT Holdings Sdn Bhd (MICTH), the state-backed company of Melaka, to accelerate the deployment of its Next Gen 5G network in the state of Melaka.

Hong Leong Investment Bank Research has foreseen the data center (DC) growth narrative in Malaysia remains firmly in place in the second half, serving as a strong growth driver for renewable energy (RE) adoption and construction investments in the country.

HSBC Malaysia said Wednesday that it has recently provided its first asset based lending (ABL) facility of $15 million, to Carsome Certified Sdn Bhd to finance the purchase of refurbished vehicles that would be sold to retail customers.

TNG Digital Sdn. Bhd., Malaysia's largest integrated fintech player, has partnered with Kakitangan.com, a human resource solutions provider, to offer businesses a smarter and more inclusive way to disburse salaries, especially to unbanked and underserved workers.

MIDF Research said Tuesday that Malaysia's curbs on US-origin artificial intelligence (AI) chips unlikely to affect data center investments in the country.

Malaysia-based Capital A has entered into a memorandum of understanding (MOU) with Malaysia's national railway firm Keretapi Tanah Melayu Berhad (KTMB) to formalize their mutual intention to establish a framework for co-operation and collaboration.

Kumpulan Modal Perdana (KMP), a technology-focused venture capital firm under the purview of the Ministry of Science, Technology and Innovation (MOSTI), has entered into a strategic partnership with global social innovation company Edvance to build future-ready workforce in Malaysia.

Analysts have remained cautious on Malaysia's technology sector outlook, as they believe the sector's earnings revisions are still skewed to the downside amid several headwinds.

Malaysia-listed diversified energy conglomerate Meta Bright Group Berhad announced that its 100 percent-owned subsidiary Meta Bright Energy Sdn Bhd (MBE) has formalized a strategic joint venture with ChargeHere EV Solution Sdn. Bhd., an electric vehicle (EV) charging point operator, to accelerate energy business development in Malaysia.

The Ministry of Investment, Trade and Industry (MITI) announced Monday that effective immediately, all exports, transships and transits of high-performance artificial intelligence (AI) chips of US origin are subject to a Strategic Trade Permit.