News

BIMB foresees carbon tax to add $240M to Malaysian government coffer

BIMB Securities Research has foreseen carbon tax to add MYR 1 billion ($240 million) to the Malaysian government coffer.

Khazanah to support more than 100 Malaysian MTCs via Dana Impak

Khazanah Nasional Berhad via Dana Impak, is catalyzing efforts to support Malaysian Mid-Tier Companies (MTC) through a dual-track approach of capacity development and mobilizing growth capital via private credit and private equity strategies.

Analysts foresee Malaysia’s National AI Action Plan 2030 to spur AI adoption

Analysts have foreseen Malaysia's National AI Action Plan 2030 to spur the artificial intelligence (AI) adoption across the country.

Schneider Electric, DSTA to collaborate on green technologies and cybersecurity

Schneider Electric Singapore and Defense Science and Technology Agency (DSTA) will be collaborating on the advancement of several green technologies through a memorandum of understanding (MOU).

Maybank sees slight concerns for Shopee in Brazil amid MELI’s competitive moves

Maybank Investment Bank has foreseen slight concerns for Singapore-based technology conglomerate Sea Ltd's e-commerce arm Shopee in Brazil amid MercadoLibre (MELI)'s several competitive moves.

Malaysia, Thailand ink ten MOUs for $47.28M potential digital exports

Malaysian tech companies and Thai partners have signed ten memorandums of understanding (MoUs) which are expected to generate over MYR 200 million ($47.28 million) in potential digital export opportunities for these local tech companies.

Malaysia’s tokenized asset market could reach $43B by 2030

Malaysia’s tokenized asset market could reach $43 billion by 2030, spanning regulated products such as unit trusts, bonds and sukuk, a whitepaper showed Wednesday.

Adyen Retail Report: 58 percent of Malaysians now use AI to shop, surpassing global average

Malaysian shoppers are increasingly embracing artificial intelligence (AI), with 58 percent saying they use it to enhance how they shop, a report showed Wednesday.

Singapore’s Carro preparing for US IPO with over $3B valuation – report

The unicorn is aiming for a valuation of more than $3 billion, Reuters reported.

Malaysia, Indonesia and Thailand expand local currency transaction framework

Bank Negara Malaysia (BNM), Bank Indonesia (BI) and the Bank of Thailand (BOT) have announced the appointment of additional qualified commercial banks to operationalize the Local Currency Transaction Framework (LCTF).