Malaysia

Grab acquires Malaysia’s Everrise supermarkets from Navis Capital Partners

Singapore-based superapp Grab Holdings Limited has acquired Everrise supermarket business from Malaysia-based private equity firm Navis Capital Partners.

Foodpanda Malaysia, TNG Digital join forces to launch pandacredit ewallet

Foodpanda Malaysia and TNG Digital, the operator of TNG eWallet, have joined forces to introduce pandacredit e-wallet.

CelcomDigi collaborates with JomCharge, chargEV to expand charging infrastructure in Malaysia

Malaysia-based telecommunication firm CelcomDigi Berhad has on last Friday announced a strategic collaboration with Malaysia’s electric vehicle (EV) charge point operators, JomCharge and Yinson Greentech’s chargEV to accelerate the deployment of EV charging points across the country.

Grab Malaysia partners SDEC to accelerate digital transformation in Sarawak

Grab Malaysia and the Sarawak Digital Economy Corporation Berhad (SDEC) have entered a memorandum of understanding (MOU) aimed at accelerating digital transformation in Sarawak.

Proton delivers 1,000 units EVs amid acceleration of EV adoption in Malaysia

PRO-NET, a subsidiary of Malaysia's national car maker Proton, announced Monday the delivery of its 1,000th unit of the e.MAS 7, the brand’s first-ever electric vehicle (EV).

AirAsia MOVE’s revenue up 29 percent quarter on quarter in 4Q

Malaysia-based Capital A online travel agent (OTA) platform AirAsia MOVE has improved its growth trajectory in the fourth quarter from the preceding quarter, closing with MYR 166 million ($37.22 million) in revenue, up 29 percent quarter-on-quarter.

CGS offers Malaysia’s first publicly available CME Crypto Futures

CGS International Futures Malaysia (CGS MYF), the futures broking division of an integrated financial services company CGS International Securities Malaysia (CGS MY), has on Thursday announced the launch of the first publicly available CME Crypto Futures contracts in Malaysia for the two largest cryptocurrencies by market capitalization, Bitcoin (BTC) and…

Nokia to modernize data center infrastructure for Malaysia’s Maxis

Finnish multinational telecommunications firm Nokia has on Friday announced a significant upgrade to the data center infrastructure of Maxis, a Malaysia-based integrated telecommunications provider, aimed at enhancing connectivity and scalability with Nokia’s data center switches and event-driven automation (EDA) platform.

Malaysia’s Ficus Capital invests $430,000 in Singapore’s Web 3 firm in Morpheus Labs

Ficus Capital, a Malaysia-based environmental, social, and governance (ESG) Islamic-compliant venture capital firm, announced Tuesday its strategic investment of $430,000 in Morpheus Labs, an artificial intelligence (AI)-powered Web3 implementation platform based in Singapore, as it initiates its Pre-A Funding round.

Malaysia’s digital investments hit record high at $37B in 2024

Digital investments in Malaysia hit a record MYR 163.6 billion ($36.81 billion) in 2024, compared to MYR 46.8 billion ($10.53 billion) in 2023, driven by a stable government and pro-business policies in reinforcing the country’s reputation as a regional tech hub, Malaysia Digital Economy Corporation (MDEC) said Thursday.