Malaysia

Curlec by Razorpay, Malaysia’s payment firm, has on Monday announced the appointment of Kevin Lee as its Country Head.

KAF Digital Bank has on last Friday started the onboarding of selected public customers with the commencement of the PERINTIS phase, marking a significant step towards redefining Islamic digital banking in Malaysia.

Payments Network Malaysia (PayNet) has expanded Program Akar, its national talent development initiative, with a new phase focused on artificial intelligence and data science.

Global cryptocurrency company Luno has expanded its list of digital assets with the launch of two new coins - Algorand and NEAR Protocol in Malaysia.

U Mobile, Malaysia’s next generation 5G network provider, has signed a term sheet agreement to appoint Celcom Timur Sabah (CT Sabah), a provider of high-speed fiber optic infrastructure in Sabah and WP Labuan, to deploy 5G leased circuits in the state and federal territory.

Creador, a Malaysia-based private equity firm in South and Southeast Asia, has announced the acquisition of up to 13 percent in FPT Long Chau Investment JSC (Long Chau), one of Vietnam’s leading pharmacy chains.

Royal Brunei Airlines, the national carrier of Brunei Darussalam has become the latest direct airline partner on AirAsia MOVE, giving customers a wider choice of network across Asia, the Middle East, Australia, and the United Kingdom.

BYD Sime Motors, the official distributor of BYD cars in Malaysia, is partnering up with the Ministry of Transport (MOT) of Malaysia to advance the nation’s low-carbon mobility agenda.

Zoho Corporation, an India-based technology company, has announced a strategic partnership with Cradle Fund Sdn Bhd (Cradle), an early stage start-up influencer, to empower Malaysia’s startup ecosystem.

Bee Alternatives Management Ltd. (BAM), the equity holding company of Malaysia-based Bee Alternatives Limited (BAL), announced Wednesday that it has entered into a definitive agreement to acquire 100% of the shares in JAFCO Investment (Asia Pacific) Ltd. (JAFCO Asia) from JAFCO Group Co., Ltd. (JAFCO).