Malaysia

Malaysia has reinforced its commitment to building a sustainable, inclusive and future-ready digital economy through a series of strategic engagements at the World Economic Forum (WEF) Annual Meeting 2026 in Davos, led by the minister of Digital, Gobind Singh Deo.

Thai Paiboon Insurance Public Company Limited (TPB), a Thailand-based non-life insurance company, has on last Thursday entered into a strategic partnership with Mpire Mobility Sdn Bhd, a subsidiary of Greentronics Technology Berhad, to offer innovation digital solutions and services for Malaysian motorists travelling into Thailand.

We talked to Eric Cheng, Co-Founder, Chairman and CEO of Carsome to learn more about the unicorn’s achievements in 2025, its plans and aspirations for 2026. Malaysia-headquartered Carsome is Southeast Asia’s largest integrated car e-commerce platform, with presence across Malaysia, Indonesia, Thailand and Singapore.

Malaysia-based cyber security firm LGMS Berhad has completed the MYR 22.68 million ($5.66 million) acquisition of 3.09 million or 27 percent shares in advanced cyber defense technology company Antarex Holdings Sdn Bhd.

UOBKayhian has expected upcoming large scale solar projects in Malaysia, such as the Corporate Renewable Energy Supply Scheme (CRESS) and Large Scale Solar 6 (LSS6) program, to face delays in the signing of power purchase agreements (PPAs) as project costs are expected to rise substantially.

Kenanga Research has expected gradual transition to battery electric vehicles (BEVs) which currently enjoys tax exemption up until 2027 for locally-assembled completely knocked-down (CKDs) in Malaysia.

Malaysia's largest lender Malayan Banking Berhad (Maybank) will invest MYR 10 billion ($2.5 billion) over the next five years in technology, data, and artificial intelligence (AI) strategy.

Malaysia-based logistics firm Teleport has signed a subscription agreement with funds managed by HPS Investment Partners on Thursday for the issuance of redeemable convertible perpetual securities (RCPS) to raise a total consideration of $50 million as pre-initial public offering (IPO) growth capital.

Malaysia-based technology firm Bridgenet Solutions Sdn Bhd has entered into a strategic collaboration with Eaton Industries Sdn Bhd, a power management firm, as the company expands its capabilities in the data center segment to support Malaysia’s rapidly growing demand for resilient and high-performance digital infrastructure.

Amazon Web Services (AWS) has entered into a MYR 4.3 million ($1.06 million) Social Impact Agreement with Exabytes to equip hundreds of Malaysians, particularly those from B40 and M40 communities (lower and middle-income households), with cloud computing and artificial intelligence (AI) skills to meet the country's fast-growing digital workforce demand.