Malaysia

Bitdeer Technologies Group, a Singapore-headquartered technology company for AI and Bitcoin mining infrastructure, has signed an eight-year data center services agreement for a 60-MW facility in Malaysia.

The expansion, made through a partnership with Thailand-based market-access and B2B consultancy RevSEA, kicked off last month with the launch of an 18-month gamified marketing campaign for one of Myanmar’s largest e-wallet providers.

The MoU builds on the existing relationship between GENM and Alibaba Cloud, following their previous collaboration with Genting SkyWorlds Theme Park, where AI and cloud technology was explored to support the guest experience.

Malaysia’s Budget 2027 offers tax relief for middle-income earners and small and medium-sized enterprises (SMEs), alongside incentives for strategic industries, as the government seeks to stimulate economic activity while narrowing the fiscal deficit, according to PwC Malaysia tax leader Steve Chia.

According to Anwar, Malaysia's economy is projected to expand by a commendable 4.2 percent to 5.2 percent in 2027. Growth in 2026 is projected at between 4.8 percent and 5.3 percent.

The additional allocation is expected to benefit around another 9,000 small and medium enterprises (SMEs) including microenterprises to have access to affordable working capital, Bank Negara said in a statement following the tabling of Budget 2027.

Japan-based SoftBank Group Corp, Singapore-headquartered Grab Holdings Ltd and Petroleum Sarawak Bhd (PETROS) on Thursday signed a Framework Agreement to explore the development of an artificial intelligence (AI) and digital infrastructure platform in Sarawak, Malaysia.

U Mobile and Telenor Linx have launched SIM-based phone-number verification in Malaysia, with Firebase support for developers.

Malaysia's Tune Protect, through its reinsurance arm Tune Protect Re, will offer embedded travel insurance solutions across Indonesia, Thailand, and the Philippines.

The Dana Impak Report launched on Tuesday also sets out Dana Impak’s catalytic role in crowding in capital and strategic partners alongside Khazanah, reflecting a broader whole-of-Malaysia approach to support the growth of Malaysian companies and entrepreneurs.