Malaysia

AWS launches infrastructure region in Malaysia, investing $6.2B through 2038

Amazon Web Services (AWS), an Amazon.com, Inc. company, has on Wednesday announced the launch of the AWS Asia Pacific (Malaysia) Region. As part of its long-term commitment, AWS is planning to invest an estimated $6.2 billion in Malaysia through 2038.

Tencent Cloud partners Global Resources Management to launch internet data center in Malaysia

Tencent Cloud, the cloud business of the China-based technology company Tencent, has announced its strategic partnership with Global Resources Management Sdn. Bhd. (GRM), a Malaysian-owned company specialized in building digital infrastructure.

Malaysia’s FinKnight secures funding from First Move, Gobi Partners Affiliate to expand financial support for startups

Malaysia-based fintech firm FinKnight, formerly Beetle Knight Advisory, has secured strategic investment from First Move and Gobi Partners Affiliate to enhance financial services for startups and scaleups in Southeast Asia.

Malaysian Central Bank, PayNet and financial institutions launch National Fraud Portal to curb financial scams

Bank Negara Malaysia (BNM), Payments Network Malaysia Sdn. Bhd. (PayNet), and financial institutions have on Tuesday launched the National Fraud Portal (NFP) as an integrated platform to strengthen the operational capabilities of the National Scam Response Center (NSRC).

Malaysia’s Uzma inks 3 MOUs on battery storage solutions and energy efficiency solutions

Uzma Environergy Sdn Bhd, a wholly owned subsidiary of Malaysia-listed Uzma Berhad, has entered into three memorandum of understanding (MOU)s on battery storage solutions and energy efficiency solutions.

Petronas, ADNOC and Storegga to collaborate on offshore carbon capture and storage in Malaysia

Malaysia's state-owned oil and gas firm Petroliam Nasional Berhad (Petronas), Abu Dhabi national oil firm ADNOC and United Kingdom-based storage solutions provider Storegga have inked deal to collaborate on offshore carbon capture and storage in Malaysia.

MARC, SME Bank team up to support entrepreneurs and SMEs in Malaysia

Malaysian Rating Corporation Berhad (MARC) has formed a strategic collaboration with Centre for Entrepreneur Development and Research (CEDAR), a wholly-owned subsidiary of SME Bank Malaysia Berhad, to support entrepreneurs and SMEs in Malaysia.

Securities Commission Malaysia’s revised guidelines on technology risk management takes effect on Monday

The Securities Commission Malaysia’s (SC) revised guidelines on Technology Risk Management have come into effect on Monday (August 19, 2024). The guidelines supersede the guidelines on Management of Cyber Risk (GMCR).

Securities Commission Malaysia launches new matching initiative to drive sustainable growth in agri-business

The Securities Commission Malaysia (SC) has unveiled GROWMatch, a new matching initiative that allows agri-business entrepreneurs to showcase their projects and attract necessary funding.

Malaysia’s Solarvest partners Agmo to develop digital clean energy applications

Malaysian clean energy solutions provide Solarvest Holdings Berhad and homegrown digital solutions and application development firm Agmo Holdings Berhad (Agmo) have on Tuesday announced a strategic joint venture to co- develop digital clean energy applications for the advancement of clean energy sector.