Malaysia

American technology firm Microsoft has on Thursday announced that it will invest $2.2 billion over the next four years to support Malaysia’s digital transformation – the single largest investment in its 32-year history in the country.

Direct Lending, a Malaysian digital lending platform, has on Thursday announced its partnership with Malaysian automotive firm Tan Chong Motor Holdings Berhad, to introduce a Shariah-compliant, fully digital auto service financing plan at their Nissan Service Centers nationwide.

Let's dive into the intricate landscape of scamming and fraud in #Malaysia, understanding its implications and exploring potential solutions to safeguard the interests of those affected. By addressing the root causes of these #scams and enhancing consumer awareness, we can work towards creating a safer online environment for all Malaysians.

Asia MOVE, formerly known as airasia Superapp, has seen its monthly active users (MAU) grow 19 percent year on year growth to 15.34 million in the first quarter.

Malaysian national carmaker Proton Holdings Bhd has opened its research and development (R&D) center at Hangzhou Bay in China last Saturday to strengthen its collaborative efforts with its existing partner Zhejiang Geely Holding Ltd (Geely) in a move to complement its existing facilities in Malaysia.

Malaysian Perak state government-linked company (GLC) Majuperak Holdings Berhad has inked a memorandum of understanding (MoU) with Japanese renewable energy firm Shizen International Inc. for solar development initiative.

The Malaysian Research Accelerator For Technology And Innovation (MRANTI) has inked a memorandum of understanding (MoU) with the Beijing Zhongguancun Science City Innovation Development Co. Ltd for several strategic initiatives aimed at fostering significant advancements in technology and innovation.

Grab-backed digital bank GXBank is on track to establish a regional center of excellence (COE) for shared services in Malaysia. Establishing the COE is part of GXBank’s MYR 1.5 billion (314 million U.S. dollars) investment into Malaysia over the next five years.

Zetrix Foundation and MY E.G. Services Berhad (MYEG) have signed a Memorandum of Understanding (MoU) with MaiCapital, a licensed virtual asset manager in Hong Kong, to collaborate on the launch of a virtual asset fund or Hong Kong virtual assets exchange-traded fund (ETF) products.

Earlier on Monday, Prime Minister Anwar Ibrahim launched the KL20 Action Plan paper in conjunction with the inaugural KL20 Summit 2024.