Malaysia

Belgium’s insurer Ageas completes $1.3B sale of Maybank insurance stake, exiting 25-year venture

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 taps Singapore’s Oncoshot for AI oncology-data platform across IHH hospital network

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.

Building AI that AEC professionals can trust: Ian Ku & the engineering behind ArchiBoost AI

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 ranks second to Singapore in GSMA’s ASEAN Digital Nations Index

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 targets $5B in GDP gains from AI annually: Communications Minister

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, SkyPark to utilize luxury EV for VIP airport transfers in Subang

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.

Analysts maintain overweight stance on the Malaysian technology sector

Analysts have maintained its overweight stance on the Malaysian technology sector, underpinned by the broadening semiconductor upcycle and sustained earnings momentum.

server room aisle with metal equipment racks

Malaysia data centers hit record 9.3 percent share of power use amid heat

Malaysia’s data centers reached a record 9.3 percent share of Peninsular electricity use in mid-August as hot weather increased cooling demand.

Matrade, DNeX forge strategic collaboration to advance digital trade facilitation for Malaysian businesses

The Malaysia External Trade Development Corporation (MATRADE) and Dagang NeXchange Berhad (DNeX) have formalized a strategic collaboration through the signing of a memorandum of cooperation (MoC) to strengthen trade facilitation and accelerate the adoption of digital trade solutions among Malaysian businesses, particularly small and medium enterprises…

Malaysia’s Yinson GreenTech secures second Hydromover commercial charter in Singapore

MarinEV, the marine electrification business of Yinson GreenTech, has marked another milestone in the commercial adoption of electric harbour craft in Singapore, securing a one-year bareboat charter with HHH Marine & Logistics (HHH Marine) for Hydromover 1.0, marking its second Hydromover commercial charter in Singapore.