Malaysia
Malaysia rolls out $1.3B financing push to drive SMEs into green, high-tech sectors
Malaysia’s Entrepreneur and Cooperatives Development Ministry is rolling out up to MYR 5 billion ($1.3 billion) in low-cost financing to support small and medium enterprises (SMEs) in scaling up and transitioning into higher value activities, national news agency Bernama reported on Thursday.
Malaysia steps up chip push with MyChipStart to develop local IC design firms
The Malaysian government is stepping up efforts to move Malaysia further up the semiconductor value chain through the MyChipStart program, which aims to develop local integrated circuit (IC) design companies, national news agency Bernama reported Friday.
Smart Axiata secures $50M extended financing from Maybank to advance digital and 5G infrastructure development in Cambodia
Maybank Cambodia has extended a $50 million financing facility to Smart Axiata, a subsidiary of Malaysian-headquartered Axiata Group Berhad, to accelerate the strategic development of Cambodia’s digital and telecommunications infrastructure, including 5G connectivity across the country.
Thunes, Circle team up to expand stablecoin settlement
Singapore fintech firm Thunes has joined forces with the Circle Payments Network (CPN) Managed Payments, to expand stablecoin settlement.
Analysts see data center to boost Malaysia’s construction growth
Malaysia’s data center sector is poised for continued growth, with contractors securing hyperscale mandates and an estimated MYR 13 billion ($3.26 billion) to MYR 14 billion ($3.52 billion) worth of projects expected in the first half of 2026, according to research houses tracking the country’s digital infrastructure boom.
CapBay and CGC launch first dual-facility guarantee scheme for MSME financing
Bay Smart Capital Ventures Sdn. Bhd. (CapBay), a Malaysian fintech company, together with CGC Digital Sdn. Bhd., a wholly-owned subsidiary and the digital arm of CGC Malaysia, have on Wednesday announced a strategic partnership to launch a new Digital Guarantee Scheme designed to provide robust capital support to unserved and underserved Micro, Small, and…
Foodpanda Malaysia appoints Kenneth Soh as new Managing Director
Foodpanda Malaysia has on Wednesday announced the appointment of Kenneth Soh as its new Managing Director.
Ekuinas acquires strategic minority stake in Malaysia’s pharmaceutical firm Ain Medicare
Ekuiti Nasional Berhad (Ekuinas) announced Tuesday its investment in Ain Medicare Sdn Bhd, a Bumiputera home-grown manufacturer of sterile parenteral pharmaceutical products.
Oiltek partners BioSeaga to build $350M Sustainable Aviation Fuel production facility in Malaysia
Singapore-based technology and renewable energy solutions provider Oiltek International Limited has teamed up with Brunei-based renewable fuel and food security company BioSeaga Group to co-develop a $350 million Sustainable Aviation Fuel (SAF) production facility with a planned capacity of approximately 300 tons per day, to be located in Sabah, Malaysia.
Standard Chartered launches its first Global Fusion Center in Malaysia
Global bank Standard Chartered has on Monday launched its first Global Fusion Center in Malaysia, reinforcing the country’s status as a strong talent ecosystem and a key strategic technology hub for the group.
