Malaysia

Australia’s Lynas, Korea’s JS Link to build rare earth magnet factory in Malaysia

Australia's Lynas Rare Earths and South Korea's JS Link will jointly develop a rare earth permanent magnet factory in Kuantan, Malaysia, following a memorandum of understanding signed in July 2025.

Malaysia’s renewable energy sector remains on track to achieve 32 pct installed capacity target in 2026 – Hong Leong

Malaysia’s renewable energy (RE) sector remains on track to achieve its 32 percent installed capacity target in 2026, Hong Leong Investment Bank Research said Tuesday.

AI data center boom tests Malaysia’s power, water and talent limits – AMRO

Malaysia’s rapid emergence as a regional data center hub amid the global artificial intelligence (AI) boom is creating new strains on power, water and talent resources, raising questions about how sustainable the sector’s growth will be over the longer term, ASEAN+3 Macroeconomic Research Office (AMRO) said Tuesday.

Malaysia’s EV push shifts to localization as import curbs reshape market

New rules on imported electric vehicles (EVs) are expected to accelerate local assembly in Malaysia, but analysts say rising competition and softer demand could limit broader industry gains.

Malaysia’s fintech Boost launches agentic AI banking platform, handling 90% of customer enquiries

Boost, a Malaysian digital bank and fintech company, has announced enhancements to Boba AI, its agentic AI platform that enables customers to complete everyday banking tasks through chat and voice interactions across the Boost app and Boost Bank app.

AscentHR acquires OS HRS to strengthen APAC payroll technology position

AscentHR, an India-based human resource technology provider announced Monday the acquisition of OS HRS, a Malaysia-based payroll outsourcing provider, to strengthen its position in Asia Pacific (APAC).

B2B cross-border trade payment platform XTransfer opens Malaysia office as strategic Southeast Asia hub

XTransfer, a B2B cross-border trade payment platform, inaugurated a new office in Malaysia late last week, positioning the country as a strategic hub for its Southeast Asia operations and deepening its localized presence across the region.

Lightstorm, Microsoft, Singtel, Tata Communications to build I-2SEA submarine cable linking India, Malaysia, Singapore

Singapore-based Lightstorm, Microsoft, Singtel, and India-based Tata Communications will jointly build a new submarine cable system connecting India, Malaysia, and Singapore, with consortium partners targeting completion in the fourth quarter of 2029.

Vienna’s Connecting Software expands global presence with new office in Malaysia

Connecting Software, a Vienna-based software company, has on Thursday announced the opening of their newest international headquarter in Kuala Lumpur, Malaysia – their fifth location and its first in Asia.

Ib vogt, AirTrunk deliver Malaysia’s first renewable VPPA for data center

Ib vogt, a global multi-technology renewable energy platform, and Asia Pacific & Middle East hyperscale data center firm AirTrunk, have on Wednesday reached a major milestone under Malaysia’s Corporate Green Power Program (CGPP), with the commencement of commercial operations for a 29.99 MWac solar project supporting AirTrunk’s operations in Malaysia.……