Malaysia

Malaysia’s solar sector eyes up to $7B in EPCC contracts

Malaysia’s solar engineering, procurement, construction and commissioning (EPCC) sector could secure MYR 18 billion ($4.42 billion) to MYR 28 billion worth of contracts in 2027 and 2028, driven by accelerating demand for renewable energy from data centers and the rollout of the country’s largest utility-scale solar program, Maybank Investment Bank said on…

Malaysia’s Cashku adds KAF Investment Funds to advice platform, widening EPF, Shariah options

Cashku, a Malaysian AI-native digital wealth platform, has signed a distribution agreement with KAF Investment Funds Berhad to bring a selected range of the fund house's funds onto its platform.

Malaysia’s Agmo Academy, MyDIGITAL to jointly bring AI courses to Rakyat Digital

Agmo Academy, a subsidiary of Malaysian artificial intelligence (AI) and digital solutions company Agmo Holdings, and the government-run MyDIGITAL will collaborate to support AI skills training for Malaysians.

Maybank, DBS, IFC back $6B Johor-Singapore renewable energy financing framework

DBS Bank Ltd., the International Finance Corporation (IFC), a member of World Bank Group and Malayan Banking Berhad (Maybank), will back the $6 billion Johor-Singapore renewable energy financing framework. 

Petronas, TotalEnergies, Mitsui ink deal to develop carbon storage area in Southern CCS Hub

Malaysia-based Petroliam Nasional Berhad (Petronas)’ wholly-owned subsidiary, Petronas CCS Ventures Sdn. Bhd. (PCCSV), TotalEnergies EP CCS Malaysia (TotalEnergies) and Mitsui & Co., Ltd. (Mitsui) have signed a Joint Venture Agreement (JVA) to develop the carbon dioxide (CO2) storage areas offshore Peninsular Malaysia, a key component of Malaysia's…

Singapore, Malaysia deepen cooperation on energy technology

Singapore and Malaysia have renewed an energy cooperation agreement to strengthen technical collaboration on solar power, energy storage systems, renewable energy certificates and cross-border electricity trading, supporting regional power grid integration and the transition to cleaner energy, the duo said on Monday. 

Vietnam-Malaysia-Singapore 1.3-GW power initiative wins conditional approval from Singapore

Singapore's Energy Market Authority (EMA) has granted conditional approval to Sembcorp Utilities as the designated importer for the 1.3-GW Vietnam-Malaysia-Singapore renewable electricity initiative.

SoftBank’s Son plans $50B Malaysia tech outlay, says PM Anwar – report

Prime Minister Anwar Ibrahim said he had a videoconference with Son last Tuesday, during which the Japanese tech investor said he had picked regions in the country for projects including data centers.

Singapore, Malaysia, Thailand central banks join BLOOM to advance cross-border digital money settlement

The Monetary Authority of Singapore (MAS) said Bank Negara Malaysia (BNM) and the Bank of Thailand (BOT) have joined its BLOOM initiative as policymaker members.

Waze says it adheres to strict privacy policies after Malaysia bans civil servants from using app

“Claims that Waze collects sensitive government information or allows any entity to exploit personal user data are completely false,” the company said in a response to TNGlobal. “Waze operates under strict privacy policies that protect user data and comply with global legal data protection standards,” Waze wrote in an email.