Malaysia
Moomoo Malaysia enhances global market access with Singapore Exchange (SGX) trading
Trading platform Moomoo Securities Malaysia Sdn. Bhd. (Moomoo Malaysia) has on Wednesday announced it is enhancing global market access for Malaysian investors with Singapore Exchange (SGX) trading.
Malaysia’s KWAP pledges to commit $4.45B to transition assets for sustainability goals
Malaysia-based retirement fund Kumpulan Wang Persaraan (Diperbadankan) (KWAP) is reinforcing its commitment to sustainable investment by pledging to increase its focus on transition assets to MYR 20 billion ($4.45 billion).
Malaysia Debt Ventures appoints Rizal Fauzi as its new CEO
Malaysia Debt Ventures Berhad (MDV), a government-owned entity, has on Tuesday announced the appointment of Rizal Fauzi as its new Chief Executive Officer (CEO), effective August 1, 2024.
Grab-led GXBank to invest $333M in Malaysia over the next five years
Grab-led GX Bank Berhad (GXBank) said Friday that it will invest MYR 1.5 billion ($333 million) into Malaysia over the next five years includes the establishment of the GX Untuk Semua initiative, further solidifying Malaysia’s position in the digital banking landscape.
WeChat Pay Malaysia to discontinue e-wallet service
Chinese payment firm WeChat Pay will discontinue its e-wallet service in Malaysia from September 1, 2024 due to business strategy adjustment.
Singapore’s M-DAQ Global acquires Malaysian payment firm Easy Pay Transfers
M-DAQ Global Pte. Ltd., a Singapore-headquartered fintech group, announced Wednesday that it has completed the acquisition of licensed business to business (B2B) payments service provider Easy Pay Transfers Sdn. Bhd.
AirAsia X to complete Capital A’s aviation business acquisition by end of this year
Malaysia-based budget airline AirAsia X (AAX) is expected to complete the acquisition of Capital A Berhad’s aviation business for MYR 6.8 billion ($1.49 billion) by the end of this year.
Alibaba Cloud launches Digital Accelerator Program to boost AI adoption and advance Malaysia’s digital transformation
Alibaba Cloud, the digital technology and intelligence backbone of Alibaba Group, has on Thursday announced a series of new initiatives to boost artificial intelligence (AI) adoption and advance Malaysia's digital transformation.
Malaysia’s KWAP allocates $109M to boost venture capital ecosystem last year
Malaysia’s retirement fund Inc’s (Kumpulan Wang Persaraan (Diperbadankan [KWAP]) has allocated MYR 500 million ($108.84 million) in 2023 to boost the country's venture capital ecosystem.
Malaysia’s Khazanah Nasional completes acquisitions of MAVCAP and Penjana Kapital
Malaysian sovereign wealth fund Khazanah Nasional has completed the acquisitions of Malaysia Venture Capital Management Bhd (MAVCAP) and Penjana Kapital, a step forward in advancing Malaysia’s venture capital ecosystem.
