Malaysia

Bolt records 40 percent quarter on quarter growth in first year of operations in Malaysia

One year since its launch in Malaysia, the Estonia-based e-hailing firm Bolt has reported strong and consistent 40 percent quarter-on-quarter growth.

Alibaba Cloud and MDEC launch SME Digitalization Program to boost Malaysia’s Next-Gen businesses

Alibaba Cloud, the digital technology firm of Alibaba Group, has in partnership with the Malaysia Digital Economy Corporation (MDEC), announced the launch of the SME Digitalization Program — an initiative designed to accelerate the digital transformation journey of Malaysia’s small and medium enterprises (SMEs) and small and medium-sized businesses……

Creador acquires 7 percent stake in India’s La Renon Healthcare

Malaysia-based private equity firm Creador announced Monday its investment into La Renon Healthcare by acquiring a 7 percent stake from the promoter and existing investor Peak XV Partners (formerly Sequoia India).

Vantage Data Centers launches fully leased 16MW facility in Kuala Lumpur

Vantage Data Centers, a global provider of hyperscale data center campuses, has announced its fourth facility (KUL14) on the company’s first Cyberjaya campus in Malaysia is now operational, completing the development of the KUL1 campus.

Malaysia launches new CIDB construction personnel registration card to strengthen digitalization

Malaysia's Construction Industry Development Board (CIDB) has launched a new construction personnel registration card to strengthen digitalization.

South Korea’s AdipoLABs opens new regional office, signs two MoUs with University of Cyberjaya to advance healthcare innovation

AdipoLABs Co., Ltd. and Red & Blue Co., Ltd. from South Korea, together with their Malaysian subsidiary, AdipoLABs Healthcare (M) Sdn Bhd, have officially opened the new AdipoLABs regional office for Asia-Pacific, marking a strategic expansion to strengthen its leadership in non- invasive healthcare and build a robust MedTech ecosystem in Malaysia and…

CGS International sees Malaysia to continue to retain its top spot in ASEAN for IPOs listings and funds raising

CGS International Securities Malaysia Sdn. Bhd. (CGS MY), an integrated financial services provider, said Wednesday that looking ahead, Malaysia is well positioned to continue to retain its top spot in ASEAN for Initial Public Offerings (IPOs) listings and funds raising.

MDEC and Ant International deepen partnership to accelerate digitalization of MSMEs across Malaysia

The Malaysia Digital Economy Corporation (MDEC) and Ant International are strengthening their partnership to accelerate the digital transformation of micro, small and medium enterprises (MSMEs) nationwide.

Alibaba Cloud enables Ryt Bank’s smart digital banking and PRO-NET’s national EV platform through strategic collaborations

Alibaba Cloud, the digital technology and intelligence backbone of Alibaba Group, announced Wednesday two significant collaborations supporting Malaysia’s national digital transformation agenda.

Huawei secures $84.66M financing from AmBank to boost 5G network in Malaysia

Huawei Technologies (Malaysia) Sdn Bhd has secured MYR 350 million ($84.66 million) supply chain financing facilities from AmBank Group to boost 5G network in Malaysia.