Malaysia

Malaysia’s Central Bank, World Bank, UNDP assess nature risks in Malaysian financial sector

Bank Negara Malaysia (BNM), the World Bank Group and the United Nations Development Program Biodiversity Finance Initiative (UNDP BIOFIN) have on Thursday released a report entitled ‘A LEAP for Nature: Advancing Nature-related Financial Risk and Opportunity Assessment in Malaysia.'

Granite Asia opens Galatek Technologies facility in Malaysia. to increase investment to $100M

Granite Asia, a pan-Asia investment platform with over $10 billion in assets under management, has marked the facility opening of its portfolio company Galatek Technologies in Penang (Malaysia).

I-City collaborates with TwinMatrix to explore AI-enhanced experiential AI living

As artificial intelligence (AI) becomes increasingly integrated into everyday life, Malaysia-based i-City has partnered with Singapore-based TwinMatrix Technologies to explore the use of AI-driven experiences, digital avatars and spatial intelligence technologies in urban environments.

Malaysia’s Sime Darby Property launches $310M New Economy Venture Fund for data centers

Malaysia-based Sime Darby Property Berhad has launched its second real estate development fund with up to MYR 1.25 billion ($310 million) for data centers.

CIMB collaborates with China CITIC Bank to strengthen China-ASEAN financial connectivity

Malaysia-based CIMB Bank Berhad has signed a letter of intent (LOI) with China CITIC Bank Corporation Limited to strengthen financial connectivity between China and ASEAN, particularly in Malaysia and Indonesia, by facilitating bilateral trade, cross-border financing and investment flows across the region.

SC and Bursa Malaysia launch MY Value Up Guidebook

The Securities Commission Malaysia (SC) and Bursa Malaysia Berhad have on Tuesday launched the MY Value Up Program Guidebook, to help public listed companies (PLCs) create their medium-to long-term value and transform them into globally attractive investment propositions.

Malaysia’s GreatAsic raises $6.9M to build custom AI chip design capabilities

Malaysia-based fabless custom chip design company GreatAsic has raised $6.9 million in a Pre-Series A round led by Vertex Ventures Southeast Asia & India, with participation from Ehsan Kapital and Gobi Partners.

CKD readiness mitigates policy impact across most EV marques in Malaysia – MBSB

MBSB Research said Monday that completely knocked down (CKD) readiness will mitigate recent policy impact across most electric vehicle (EV) marques in Malaysia.

Zetrix AI’s Philippines JV inks agreements with multiple government entities for digital payments

Malaysia-based Zetrix AI Berhad, formerly known as MY E.G. Services Berhad, announced Monday that its joint venture in the Philippines namely MYEG Philippines, Inc. (MYEG PH) has signed several agreements for the provision of digital payment services with multiple government entities.

Malaysia tech seen entering earnings-driven upcycle despite pullback risks – analysts

Malaysia's technology sector is entering an earnings-driven upcycle as improving order books, rising book-to-bill ratios and sustained global spending on artificial intelligence infrastructure support growth prospects, analysts said, although they cautioned that the sector could face increased volatility after a strong rally this year.