Malaysia

MBSB Research has maintained its positive stance on Malaysia's renewable energy (RE) subsector, as accelerating data center electricity demand is driving a broader power capacity upcycle across generation, grid infrastructure, RE and battery energy storage system (BESS).

Malaysia's digital bank GX Bank Berhad (GXBank) and the International Finance Corporation (IFC), a member of the World Bank Group, will jointly provide loan portfolio of up to $110 million to micro, small, and medium enterprises (MSMEs).

Malaysia’s first local Neo Cloud startup Grafilab sees data sovereignty, affordable AI compute and close ties to the developer community as potential advantages in a market dominated by heavily funded global players.

George Kent (Malaysia) Berhad has announced its partnership with Shandong Extreme Vision Technology Co., Ltd. (Extreme Vision), an artificial intelligence (AI) technology company listed on the Hong Kong Stock Exchange, to distribute agentic AI solutions in Malaysia, ASEAN.

Belgium's insurer Ageas has completed the sale of its 30.95 percent stake in Maybank Ageas Holdings, the Malaysian parent of insurer Etiqa, to its partner Maybank for about €1.1B billion ($1.3 billion), ending a 25-year joint venture.

Japan's Mitsui & Co. will collaborate with Singapore's Oncoshot to use the firm's AI platform for analyzing cancer-clinical data, aiming to expand oncology research across the hospital network of Malaysia's IHH Healthcare.

At ArchiBoost AI in San Francisco, Malaysian founding engineer Yi Sien "Ian" Ku is helping the team confront that trust gap across building design and construction, where the consequences of a faulty conclusion can extend beyond a screen and into a physical building.

Malaysia ranked second in Southeast Asia, behind Singapore, in ASEAN Digital Nations Index, an annual digital-development index published by the mobile-industry body GSMA.

Malaysia is targeting as much as MYR20 billion ($4.7 billion) a year in additional economic output from artificial intelligence (AI) by 2030 and wants to shift from building data centres to applying AI across its economy.

Zeekr Malaysia, the local arm of China's Zeekr, and SkyPark FBO Malaysia will use the Zeekr 009 luxury electric van for airside passenger transfers at a business-aviation center in Subang, near Kuala Lumpur.