Malaysia
Malaysia’s battery firm Econili lifts funding to $2M with Vynn Capital extension
Econili Battery New Energy, a Malaysian lithium-ion battery recycler, has raised new capital from Vynn Capital, a venture firm focused on mobility, travel, and supply chains, increasing the total funding to MYR8 million ($1.96 million).
Binance in talks for Malaysian licence after five-year absence – report
The crypto exchange is in talks on the “viability and structure of licensed business model in Malaysia”, the spokesperson added.
Malaysia’s Hong Leong Bank adds Alipay+ to payments ecosystem
Malaysia's lender Hong Leong Bank (HLB) is expanding its cross-border payment ecosystem by integrating Alipay+ through Payments Network Malaysia (PayNet), establishing an extensive overseas QR payment networks directly within the HLB Connect App.
Google to invest $160M in shared water infrastructure in Negeri Sembilan for data center
Google has committed $160 million to new shared water infrastructure in Negeri Sembilan, Malaysia, in order to support local needs and its planned data center there.
Malaysia’s 10 Cents Capital completes $20M financing, to begin fund rollout in Brazil
10 Cents Capital, a Malaysian investment holding company, has completed $20 million in financing and will deploy the funds in phases, starting in Brazil.
Safran invests $152M to expand Malaysia aerospace operations
France-based aerospace firm Safran Landing Systems has invested a combined €136 million ($152 million) to expand its carbon brake manufacturing and refurbishment facility in Sendayan and establish a new maintenance, repair and overhaul (MRO) center in Nilai, as it seeks to meet growing demand from about 100 airline operators across the Asia-Pacific……
Malaysia’s tech export boom yet to lift competitiveness, wages, says CGS International
Malaysia's technology export boom has yet to translate into stronger competitiveness, wages and investment, as the surge has been driven largely by higher global demand for memory-related products rather than gains in market share, CGS International said on Tuesday.
Local sourcing linked to higher margins among Malaysian tech firms, says Kenanga
Greater reliance on domestic suppliers could help Malaysian technology hardware companies improve operating margins and reduce inventory holdings, although the benefits have yet to translate into stronger cash conversion, according to Kenanga Research.
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.
