Malaysia
Huawei secures $84.66M financing from AmBank to boost 5G network in Malaysia
Huawei Technologies (Malaysia) Sdn Bhd has secured MYR 350 million ($84.66 million) supply chain financing facilities from AmBank Group to boost 5G network in Malaysia.
OpenSys launches Malaysia’s first palm-based payment innovation
OpenSys Technologies Sdn Bhd, a subsidiary of OpenSys (M) Bhd, has on Monday introduced PalmWav, an innovation prototype exploring the use of palm-recognition technology for seamless, device-free payments in Malaysia.
Solarvest secures $34.45M EPCC contract for 29.99MW large scale solar project in Kedah
M K Land Holdings Berhad, through its subsidiary Citra Energies Sdn. Bhd., a consortium between Solar Citra Sdn. Bhd. and TotalEnergies Renewables SAS, has announced the award of MYR 142.3 million ($34.45 million) engineering, procurement, construction and commissioning (EPCC) contract to Atlantic Blue Sdn. Bhd., a wholly owned subsidiary of Solarvest…
Perodua launches Malaysia’s first homegrown BEV
Malaysia-based Perodua has on Monday launched its first battery electric vehicle (EV) named QV-E as part of the national car company’s agenda to develop a sustainable EV ecosystem.
AirAsia MOVE’s revenue eases to $27.13M in third quarter on softer flight volumes
Malaysia-based online travel agent AirAsia MOVE saw its revenue eased to MYR 112 million ($27.13 million) from MYR 129 million ($31.24 million) a year ago on softer flight volumes due to AirAsia pricing challenges.
Tencent inaugurates new Malaysia office to strengthen global digital innovation and technology operation capabilities
Chinese technology firm Tencent announced Monday the opening of its new office at Menara 1 Sentrum, marking the latest milestone in the company’s Malaysian growth story.
MOVE adds Vietjet Air’s inventory on its platform through partnership with GalaxyJoy
AirAsia MOVE (MOVE), the Malaysia-based online travel agency (OTA) platform, announced last Thursday a new partnership with GalaxyJoy, the digital lifestyle loyalty platform of Vietnam’s leading investment group Sovico.
Sunway iLabs and Jetro prepare four AI and deeptech Japanese startups for entry into Malaysia, ASEAN
Sunway Innovation Labs (Sunway iLabs), the innovation lab and corporate venture capital (CVC) arm of Sunway Group, and the Japan External Trade Organization (JETRO) Kuala Lumpur, have concluded the J-StarX Malaysia Deep Tech Program (MYTech) 2025 to accelerate four Japanese startups’ expansion into Malaysia and the ASEAN region.
E-commerce continues to drive Malaysia’s digital economy with $227B in revenue for first three quarters of 2025
Malaysia’s e-commerce revenue for the first nine months of 2025 reached MYR 937.5 billion ($226.67 billion U.S. dollars), an increase of 1.9 percent compared to the same period in 2024.
MUFG extends $36M working capital facility to Carsome Capital
MUFG Bank (Malaysia) Berhad, a subsidiary of global financial institution, Mitsubishi UFJ Financial Group, Inc. (MUFG), has extended a new revolving working capital facility totaling MYR 150 million ($36.27 million) to CARSOME Capital Sdn Bhd (Carsome Capital), the financing arm of Carsome Group, a Southeast Asia’s integrated automotive e-commerce…
