Malaysia
News,Malaysia,Blockchain / Crypto
Halogen Capital, Affin partner to offer shariah-compliant Bitcoin fund
Halogen Capital, a Malaysia-based licensed digital asset fund manager, has signed with lender Affin Bank Berhad to distribute their Halogen Shariah Defensive Bitcoin Fund with an integrated capital preservation strategy.
March 21, 2025
PayNet, Swipey join forces to drive SME digitalization with DuitNow QR
Malaysia's fintech firms Payments Network Malaysia (PayNet) and Swipey Digital Services (Swipey) have announced a strategic partnership to expand digital payment adoption among Malaysian small and medium-sized enterprises (SMEs).
March 21, 2025
News,Electric Vehicles & Mobility,Malaysia
Carsome achieves first full year of profitability with stronger margins and cost disciplines
Carsome Group, Southeast Asia’s largest integrated car e-commerce platform, has recorded $10.5 million in adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) for the year 2024, marking the group’s first full year of profitability since its inception and its sustained profitability since initial achievement in December 2023.
March 21, 2025
News,Malaysia,FinTech,Philippines
Senang.io partners with iRemit to launch financial product for Filipino overseas workers
Senang.io, a Malaysian headquartered fintech company, has partnered with iRemit, a Filipino-owned non-bank remittance provider, to launch the DreamSecure — a financial product designed exclusively for Filipino overseas workers (OFWs).
March 21, 2025
News,Venture Capital,Malaysia,Private Equity
Malaysia’s VC and PE committed funds reach $5.58B in 2024
Total committed funds for private equity (PE) and venture capital (VC) in Malaysia reached a combined total of MYR 24.70 billion ($5.58 billion) in 2024, the Securities Commission Malaysia (SC) said Thursday.
March 21, 2025
News,Malaysia,SEA,Digital Transformation
Maybank partners TikTok Shop to drive digitalization of ASEAN SMEs
Malaysian lender Malayan Banking Bhd (Maybank) has announced the first multi-market small and medium enterprises (SME) upskilling and digitalization collaboration between a financial institution and TikTok Shop in the ASEAN region.
March 20, 2025
Boost Bank partners CGC Digital to offer $29M financing solutions to MSMEs in Malaysia
Boost Bank, Malaysia's homegrown digital bank, has partnered with CGC Digital, a fintech subsidiary of Credit Guarantee Corporation Malaysia Berhad (CGC), to enhance support for eligible underserved micro, small, and medium enterprises (MSMEs) across Malaysia.
March 20, 2025
Microsoft’s upcoming cloud region to generate $10.9B in new revenues for Malaysia by 2028
Microsoft, its partners, and cloud-consuming customers will generate $10.9 billion in new revenues for Malaysia by 2028 with its upcoming hyperscale cloud in the country, the global technology firm said Thursday.
March 20, 2025
TNGlobal Q&A and Interviews,Features,Malaysia
Malaysia’s Tech Minister shares plans as Malaysia takes on the ASEAN Chairmanship in 2025 [Q&A]
In a recent interview with TNGlobal, Malaysia’s Minister of Science, Technology and Innovation Chang Lih Kang detailed the government’s plans to drive Malaysia’s science, technology and innovation (STI) agenda. He also discussed several initiatives to solidify Malaysia's position as a leading regional tech hub
March 20, 2025
News,Asia,Telecommunications,Singapore,Malaysia
NTT DATA commissions Malaysia, India, Singapore Transit subsea cable
NTT DATA, a Japan-based digital business and technology services firm, announced Monday the commissioning of its Malaysia, India, Singapore Transit (MIST) submarine cable system by June 2025.
March 18, 2025