Malaysia

Singapore-based technology and renewable energy solutions provider Oiltek International Limited has teamed up with Brunei-based renewable fuel and food security company BioSeaga Group to co-develop a $350 million Sustainable Aviation Fuel (SAF) production facility with a planned capacity of approximately 300 tons per day, to be located in Sabah, Malaysia.

Global bank Standard Chartered has on Monday launched its first Global Fusion Center in Malaysia, reinforcing the country’s status as a strong talent ecosystem and a key strategic technology hub for the group.

Malaysia is assessing nuclear energy as part of its future power mix, with Science, Technology and Innovation Minister Chang Lih Kang saying the government is taking a cautious, evidence-based approach as demand for electricity rises and the country shifts towards lower-carbon sources.

The Securities Commission Malaysia (SC) and the Malaysian Communications and Multimedia Commission (MCMC) have on Friday agreed to further enhance cooperation in enforcement and strengthen efforts in mitigating and preventing scams.

Malaysia aims to empower 300,000 students and professionals with artificial intelligence (AI) skills through a new training initiative launched by Oracle and MyDIGITAL Corporation, the government’s digital economy agency.

Malaysia's national applied research and development center MIMOS Berhad and the Global Electronics Association have recently signed a memorandum of understanding (MoU) to collaborate in strengthening Malaysia’s electronics and semiconductor ecosystem, with a focus on advanced electronic packaging (AEP), industry alignment, and global best practices.

Kenanga Research expects Malaysia's utility-scale solar activity to gradually pick up in the second quarter, supported by moderating solar module prices.

Singapore-based data center developer and operator DayOne Data Centers will invest over MYR28 billion ($6.9 billion) in Malaysia by the end of 2026, as part of efforts to expand its data center operations and strengthen the country’s role as a regional digital hub.

WeChat Malaysia Sdn. Bhd., a subsidiary of Chinese tech giant Tencent, has been awarded “Malaysia Digital” (MD) status by the Malaysia Digital Economy Corporation, marking a step in the company’s expansion within Malaysia’s digital sector.

Airwallex, co-headquartered in Singapore and California, has received approval from Bank Negara Malaysia, the central bank of Malaysia, for its e-money issuing and Class A licences, enabling the company to offer a broader range of payment services in Malaysia.