Malaysia

Vynn Capital, DHL Express renew MoU to empower Malaysia’s startup and SME community

Malaysia-based venture capital firm Vynn Capital, has renewed its partnership with DHL Express, the international express service provider, to jointly support the development and growth of local small and medium-sized enterprises (SMEs) by elevating their visibility and reach.

AirAsia MOVE’s EBITDA grows by 10 percent on year in the first quarter despite lower revenue

AirAsia MOVE, the digital arm of Malaysia-based Capital A Berhad, announced last Friday that its earnings before interest, taxes, depreciation, and amortization (EBITDA) grew by 10 percent year on year.

Malaysia’s PayNet and Bank of China team up to explore seamless and real-time payment and settlement solutions

Payments Network Malaysia Sdn Bhd (PayNet), Malaysia’s national payments network, has signed a memorandum of understanding (MoU) with Bank of China (Malaysia) Berhad (BOC Malaysia) to explore seamless, real-time payment and settlement solutions that simplify financial flows between Malaysia and China.

Malaysia’s Sunway Construction wins $270M worth of data center projects

Malaysia-based Sunway Construction Group Berhad (SunCon) announced Thursday that it has secured MYR 1.16 billion ($280 million) worth of data center projects.

UnionPay partners CIMB to improve payment services in Malaysia

Chinese payment firm UnionPay International (UPI) and Malaysian lender CIMB Bank Berhad have entered into a memorandum of understanding (MoU) to improve payment services in Malaysia.

Microsoft launches first cloud region in Malaysia

American technology firm Microsoft announced Wednesday the general availability of Malaysia West, its first cloud region in the country, marking a significant milestone in the company’s commitment to empowering Malaysia’s inclusive digital and artificial intelligence (AI) transformation.

Bursa Malaysia partners Boardroom to boost sustainability reporting solution adoption

Malaysian stock exchange Bursa Malaysia Berhad announced Monday a collaboration with BoardRoom Group, a provider of corporate and advisory services based in Singapore, to boost sustainability reporting solution adoption.

Energy firms from Malaysia, Vietnam and Singapore team up to advance cross-border renewable energy supply

In a landmark move for regional energy cooperation, leading energy companies from Malaysia, Singapore, and Vietnam have signed a joint development agreement to explore the export of renewable electricity from Vietnam to Malaysia and Singapore.

MYEG, SGTraDex forge strategic partnership to enhance Malaysia-Singapore digital trade connectivity

MY E.G. Services Berhad (MYEG), Malaysia’s e-government and digital services provider, has on Monday signed a memorandum of understanding (MoU) with Singapore Trade Data Exchange Services Pte. Ltd. (SGTraDex), Singapore’s digital infrastructure for trade data exchange, to enhance digital trade connectivity between the two countries.

U Mobile inks $570M partnership with TM to boost 5G network in Malaysia

U Mobile, Malaysia’s Next Gen 5G network provider, has announced the appointment of Telekom Malaysia Bhd (TM), the enabler of a Digital Malaysia, as its key fiber backhaul partner to accelerate the deployment of its 5G network in the country.