Malaysia
Malaysia’s Carsome posts record profit in second quarter
Carsome Group Inc, Southeast Asia’s largest integrated car e-commerce platform, said Thursday it has delivered its most profitable quarter to date in the second quarter of 2025, posting an earnings before interest, taxes, depreciation, and amortization (EBITDA) of over $5 million and continuing its trajectory of sustained, quality earnings.
AMD expands R&D footprint with Malaysian facility
The United States-listed technology firm AMD has on Thursday inaugurated its new state-of-the-art office and engineering lab facility in Bayan Lepas, Penang, marking a significant milestone in the firm’s commitment to expanding its global business services and engineering presence in Malaysia.
Malaysia’s INFINITY8 launches Reserve Flagship TRX at Exchange 106
INFINITY8, a Malaysia-based homegrown workspace and corporate solutions provider, has announced the official launch of its latest and most ambitious branch: INFINITY8 Reserve TRX, located in Exchange 106 at Tun Razak Exchange (TRX).
Sunway iLabs, Andreessen Horowitz (a16z) Perennial collaborate to accelerate cross-border tech innovation
As Southeast Asia’s deep tech and artificial intelligence (AI) ecosystem continues to accelerate, Sunway iLabs, the innovation and corporate venture capital (CVC) arm of Malaysia-based Sunway Group, announced Tuesday a partnership with Andreessen Horowitz (a16z) Perennial, a global wealth management platform, to accelerate cross-border tech innovation.
EFS, Planet QEOS and four partners ink $550M deal to build Malaysia’s first renewable energy plant
Malaysia-based solar energy firm EFS Group has joined forces with Planet QEOS and four energy partners in a landmark collaboration to deliver the MYR 2.32 billion ($550 million) Baram DeepTech Energy Program.
BDC partners JSW to builds Malaysia’s first water reclamation plant for data center
Bridge Data Centres (BDC), a Singapore-based regional provider of hyperscale data center solutions, has partnered with Johor Special Water (JSW) to embark on Malaysia’s first Water Reclamation Plant (WRP) integrated within a data center facility.
YTL Power launches Malaysia’s first homegrown AI, ILMU
Malaysia-based YTL Power International Bhd, has on Tuesday unveiled ILMU, the country's first homegrown large language model (LLM).
Malaysia’s Zetrix AI launches Shariah-aligned large language model “NurAI”
Malaysia-based Zetrix AI Berhad, formerly known as MY E.G. Services Berhad, has on Tuesday unveiled NurAI, a Shariah-aligned, Islamic values-based large language model (LLM).
Malaysia’s Naluri raises $5M Series-B equity funding
Naluri Pte Ltd, a Malaysia-based digital employee health and wellbeing provider, announced Tuesday the successful completion of a $5 million Series-B equity fundraising round.
Teleport partners ANAABU to launch PORTALWEAR collection
Teleport, a Malaysia-based logistics company, and ANAABU, a Malaysian unisex clothing brand, have embarked on the first-ever brand collaboration.
