Malaysia

X-FAB, the Germany-based analog/mixed-signal and specialty foundry, has expanded its manufacturing site in Sarawak, Malaysia with $600 million investment.

Malaysia-based KLK LAND, a wholly owned subsidiary of Kuala Lumpur Kepong Berhad (KLK), has launched KLK TechPark, a 1,500-acre integrated industrial hub in Tanjong Malim.

Kaneka Malaysia Sdn Bhd and BAC Renewable Energy Sdn Bhd (BACRE) have teamed up to launch MYR 30 million ($7.13 million) biomass steam plant in Gebeng, advancing Malaysia’s renewable energy and energy transition roadmaps.

Petroliam Nasional Berhad (Petronas), a Malaysian oil and gas company, has successfully delivered Malaysia’s first blended sustainable aviation fuel (SAF) to KL International Airport (KLIA) for the Malaysia Aviation Group (MAG), establishing its in-house capability and readiness to provide continuous, scalable supply in Malaysia.

OCBC Malaysia, a unit of the Singapore-based OCBC Group, is investing over MYR 10 million ($2.37 million) a year in people development programs, with a significant focus on artificial intelligence (AI), reskilling and upskilling.

Malaysia Debt Ventures Berhad (MDV), a subsidiary of the Minister of Finance and an agency under the purview of the Ministry of Science, Technology and Innovation (MOSTI) of Malaysia, is targeting total approvals of MYR 300 million ($71.06 million) in financing for energy transition projects under the National Energy Transition Facility (NETF) by the end of…

Ant International, a Singapore-based global digital payment firm, AlipayHK, Hong Kong’s e-wallet, and TNG eWallet, Malaysia’s e-wallet, are initiating the Digital Wallet Guardian Partnership, designed to further strengthen the protection of global wallet payments.

Teleport, a Malaysia-based integrated eCommerce logistics firm, has announced its partnership with Shipsy, an artificial intelligence (AI)-native, transportation management system provider, to integrate a last-mile transport management system into the Teleport Network.

AirAsia MOVE, the digital arm of Malaysia-based Capital A, has partnered with Air Macau, making the airline a direct partner on the MOVE platform.

Malaysia is on track to secure over $40 billion in artificial intelligence (AI) and data center investment by 2030, a new research from global talent solutions partner Robert Walters showed Wednesday.