Malaysia

AI demand powers Malaysia tech outlook despite risks – analysts

Artificial intelligence (AI) and data center-related demand is expected to remain the key growth driver for Malaysia’s technology sector in the second half of 2026, supported by sustained hyper scaler spending and a global semiconductor industry riding an AI-led investment boom, according to several research houses.

Malaysia’s Zetrix blockchain to build Philippines’ national blockchain infrastructure

Malaysia's Zetrix AI Berhad group will establish as the underlying protocol for the Philippines' public blockchain infrastructure, marking the second country after Malaysia to adopt Zetrix as a sovereign-grade blockchain platform.

Nasdaq-listed chicken restaurant chain CCHH signs $50M data center services deal in Malaysia

CCHH, a Nasdaq-listed company primarily operating Chicken Claypot and restaurant franchises, has signed a three-year, $50 million agreement to provide maintenance services for data center infrastructure projects in Malaysia.

Australia’s Lynas, Korea’s JS Link to build rare earth magnet factory in Malaysia

Australia's Lynas Rare Earths and South Korea's JS Link will jointly develop a rare earth permanent magnet factory in Kuantan, Malaysia, following a memorandum of understanding signed in July 2025.

Malaysia’s renewable energy sector remains on track to achieve 32 pct installed capacity target in 2026 – Hong Leong

Malaysia’s renewable energy (RE) sector remains on track to achieve its 32 percent installed capacity target in 2026, Hong Leong Investment Bank Research said Tuesday.

AI data center boom tests Malaysia’s power, water and talent limits – AMRO

Malaysia’s rapid emergence as a regional data center hub amid the global artificial intelligence (AI) boom is creating new strains on power, water and talent resources, raising questions about how sustainable the sector’s growth will be over the longer term, ASEAN+3 Macroeconomic Research Office (AMRO) said Tuesday.

Malaysia’s EV push shifts to localization as import curbs reshape market

New rules on imported electric vehicles (EVs) are expected to accelerate local assembly in Malaysia, but analysts say rising competition and softer demand could limit broader industry gains.

Malaysia’s fintech Boost launches agentic AI banking platform, handling 90% of customer enquiries

Boost, a Malaysian digital bank and fintech company, has announced enhancements to Boba AI, its agentic AI platform that enables customers to complete everyday banking tasks through chat and voice interactions across the Boost app and Boost Bank app.

AscentHR acquires OS HRS to strengthen APAC payroll technology position

AscentHR, an India-based human resource technology provider announced Monday the acquisition of OS HRS, a Malaysia-based payroll outsourcing provider, to strengthen its position in Asia Pacific (APAC).

B2B cross-border trade payment platform XTransfer opens Malaysia office as strategic Southeast Asia hub

XTransfer, a B2B cross-border trade payment platform, inaugurated a new office in Malaysia late last week, positioning the country as a strategic hub for its Southeast Asia operations and deepening its localized presence across the region.