Malaysia
Malaysia EV transition gathers pace, but structural hurdles temper outlook
Malaysia’s electric vehicle (EV) adoption is expected to continue its upward trajectory over the medium to long term, supported by policy incentives, shifting consumer behavior and gradual changes in fuel subsidy structures, although analysts caution that the transition will remain uneven due to infrastructure gaps and affordability constraints.
AirAsia MOVE, Intebix, Solana Foundation team up to explore stablecoin integration in Kazakhstan
AirAsia MOVE, Intebix, and the Solana Foundation have on Monday signed a letter of intent (LOI) to explore a strategic collaboration which will explore integrating Evo (KTZE), a Tenge-denominated stablecoin on Solana into the AirAsia MOVE platform in Kazakhstan, with the aim of expanding digital payment options and creating a more seamless travel…
Malaysia’s Bank Rakyat inks deal with strategic partners for Fintech Community Hub initiative
Malaysia's lender Bank Rakyat has continued to strengthen its digital transformation agenda through the signing of a memorandum of understanding (MoU) with strategic partners including the Fintech Association of Malaysia (FAOM), Plug and Play, and PayNet, for the implementation of the Bank Rakyat Fintech Community Hub initiative.
AWS signs first Malaysian solar deal, powering 50,000 homes with 23 MW plant
Amazon Web Services (AWS) has signed its first carbon-free energy agreement in Malaysia with Elphil Energy, an affiliate of Asiabina Group, for a 23-megawatt solar project in Sungai Siput, Perak.
Malaysia’s TNB to strengthen grid, expand renewables for AI economy
Malaysia's utility firm Tenaga Nasional Berhad (TNB) said Thursday it will continue to focus on strengthening grid resilience, expanding renewable energy capacity, advancing regional energy connectivity and enabling the growth of new industries, including the digital and artificial intelligence (AI)-driven economy.
Malaysia unveils online safety, child protection codes
The Malaysian Communications and Multimedia Commission (MCMC) has on Friday issued the notice on the publication of the Risk Mitigation Code and the Child Protection Code under the Online Safety Act 2025 (ONSA).
Malaysia semiconductor sector gains from China+1 Shift, AI data center demand – HLIB
Malaysia’s semiconductor industry is benefiting from accelerating China+1 supply chain diversification, deeper localization by global semiconductor equipment makers and rising demand for optical and power semiconductors tied to artificial intelligence (AI)-driven data center expansion, while a recovery at Intel is also providing support to the sector, Hong…
AMRO flags resource strains, limited spillovers from Malaysia data centers
Despite positive spillovers to economic growth and employment, several challenges lie ahead, such as natural resource constraints, limited domestic value added, and questionable impact on long-term employment, the ASEAN+3 Macroeconomic Research Office (AMRO) said Wednesday.
UOB Kay Hian foresees elevated orderbook in Malaysia’s RE driven by over 6.5GW of solar plant-ups
UOB Kay Hian expects total solar photovoltaic (PV) capacity to exceed 6.5GW over 2026 t0 2029 as the Malaysian government calls for tenders for the Large Scale Solar 6 (LSS6) and the take-off of Corporate Renewable Energy Supply Scheme (CRESS) projects.
Capital A’s ADE secures $100M financing from QNB to accelerate expansion
Asia Digital Engineering (ADE), the maintenance, repair and overhaul (MRO) subsidiary of Malaysia-based Capital A, announced Friday that it has secured a $100 million financing facility from QNB Group, a financial institutions in the Middle East and Africa, to accelerate its expansion.
