Malaysia

CGS International sees Malaysia to continue to retain its top spot in ASEAN for IPOs listings and funds raising

CGS International Securities Malaysia Sdn. Bhd. (CGS MY), an integrated financial services provider, said Wednesday that looking ahead, Malaysia is well positioned to continue to retain its top spot in ASEAN for Initial Public Offerings (IPOs) listings and funds raising.

MDEC and Ant International deepen partnership to accelerate digitalization of MSMEs across Malaysia

The Malaysia Digital Economy Corporation (MDEC) and Ant International are strengthening their partnership to accelerate the digital transformation of micro, small and medium enterprises (MSMEs) nationwide.

Alibaba Cloud enables Ryt Bank’s smart digital banking and PRO-NET’s national EV platform through strategic collaborations

Alibaba Cloud, the digital technology and intelligence backbone of Alibaba Group, announced Wednesday two significant collaborations supporting Malaysia’s national digital transformation agenda.

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.