Malaysia
Hong Leong Islamic Bank collaborates with PayNet, GoBarakah on new FinTech ecosystem
Malaysian lender Hong Leong Islamic Bank (HLISB) has signed a memorandum of understanding (MOU) with fintech platform GoBarakah, with plans to build a new FinTech ecosystem that channels donations and funds to underserved communities.
IFC partners Cagamas to drive green building finance and sustainability in Malaysia
The International Finance Corporation (IFC), the global development institution of the World Bank Group, has signed a memorandum of understanding with Cagamas Berhad, the National Mortgage Corporation of Malaysia, to advance green building finance in Malaysia, further supporting the country’s sustainable development goals.
GXBank and Grab Malaysia announce eight local startups shortlisted to drive innovation for Malaysia’s fintech ecosystem
GXBank and Grab Malaysia have recently announced the inaugural top eight fintech startups shortlisted to be part of the six-month long TeXnovasi Accelerator Program.
MATRADE partners Nazsoft Tech to launch MADANI Digital Trade to boost Malaysian exports
The Malaysia External Trade Development Corporation (MATRADE), in partnership with software developer Nazsoft Tech Sdn Bhd, and with the support of the Royal Malaysia Customs Department (RMCD), have launched MADANI Digital Trade (MDT), an integrated virtual showcase designed to strengthen Malaysian exporters’ access to global markets.
Khazanah to acquire INCJ’s stake in Malaysia’s telecommunications infrastructure firm EDOTCO
Malaysia's sovereign wealth fund Khazanah Nasional Berhad and Innovation Network Corporation of Japan (INCJ) have announced that Khazanah will acquire INCJ’s stake in telecommunications infrastructure provider EDOTCO Group.
Catcha Digital acquires 60 percent stake in Framemotion Studio for $8.4M
Malaysia-based digital media firm Catcha Digital Berhad has proposed to acquire 60 percent stake in digital media advertising solutions provider Framemotion Studio Sdn Bhd for MYR 37.32 million ($8.4 million).
CIMB: Malaysia remains an attractive proposition for global data center hyperscalers
CIMB Securities said in a note on Wednesday that despite concerns over a shift in the US government’s artificial intelligence (AI) chip policies and the emergence of DeepSeek, Malaysia remains an attractive proposition for global data center hyper scalers.
From Baku to Belém: Malaysia’s COP29 leadership driving regional and global climate action
Looking ahead to COP30, Malaysia is resolutely focused on advancing ambitious climate goals, strengthening global partnerships, and highlighting the intrinsic link between climate action and biodiversity conservation. As one of the world’s most biodiverse nations, Malaysia recognizes that protecting our natural ecosystems is integral to our climate…
VentureTECH invests in Malaysian SaaS firm POMEN to accelerate its growth
VentureTECH Sdn Bhd (VentureTECH), a Malaysia-based impact investment company, has announced a strategic investment in POMEN Autodata Sdn Bhd (POMEN), a Malaysia's Bumiputera company specializing in comprehensive software-as-a-service (SaaS) solutions firm.
Intel appoints Malaysian-born chip industry veteran Lip-Bu Tan as CEO
His appointment also comes three months after Intel ousted CEO and company veteran Pat Gelsinger, whose ambitious and costly plan to turn the company around was faltering and sapping investor confidence, Reuters reported.
