Malaysia

Malaysia unveils digital action plan to advance AI ambitions

Malaysia Prime Minister Anwar Ibrahim has on Monday launched the Malaysia Digital Action Plan 2030 (MD2030), a blueprint to drive the country's transition towards becoming an artificial intelligence (AI)-powered nation by 2030.

Malaysia’s Digital Penang, OSK Ventures to jointly expand financing access for AI, deeptech startups

Digital Penang and OSK Ventures International Berhad have signed a one-year memorandum of understanding to strengthen access to growth capital for startups and SMEs in Penang, Malaysia, with a focus on AI, Hardtech, and Deeptech sectors.

Germany’s DDB AG acquires Singapore’s Infinium Robotics in $22M deal

German-listed Deutsche Defence Beteiligungen AG (DDB AG) has acquired Infinium Robotics, a Singapore-founded logistics technology company with deployments across Malaysian warehouse and logistics operations, in a transaction valued MYR95.6 million ($22 million).

Maybank turns positive on Malaysia’s technology sector on global AI, data-center spending

Maybank Investment Bank has turned positive on the Malaysian technology sector amid improvement in the earnings outlook and rising exposure across the space to global AI and data-center (DC)spending.

Sea’s AI assistant Migoo could create long-term optionality, says Maybank

Singapore tech group Sea Ltd’s potential artificial intelligence (AI) assistant “Migoo” could evolve into a daily-use personal AI layer that strengthens user engagement and creates long-term optionality for its e-commerce and digital finance ecosystem, Maybank Investment Bank said.

Ninja Van Malaysia partners Zebra Technologies to accelerate warehouse operations

Logistics provider Ninja Van Malaysia has teamed up with American multinational technology firm Zebra Technologies Corporation to accelerate warehouse operations and fulfillment speed.

Malaysia tightens governance, performance rules for DFIs

Malaysian Central Bank has on Wednesday introduced a series of policy enhancements aimed at strengthening the governance, accountability and developmental impact of the country's prescribed development financial institutions (DFIs).

MBSB sees positive impacts of data center development to Malaysia economic growth and various sectors

MBSB Research said Wednesday that it sees positive impacts of data center development to Malaysia economic growth and various sectors.

Malaysia pushes drone, eVTOL sector as new economic frontier

Malaysia is seeking to position itself as a regional leader in the emerging low altitude economy (LAE), with the government working on a regulatory framework to support new aviation technologies such as drones, air taxis and electric vertical take-off and landing (eVTOL) aircraft, its Transport Minister Loke Siew Fook said Tuesday.

Malton partners NVIDIA cloud partner Ricloud for AI compute centers in Malaysia

Malaysia's property firm Malton has entered into a memorandum of understanding (MOU) with NVIDIA cloud partner Ricloud to establish artificial intelligence (AI) compute centers in Malaysia.