Malaysia
Malaysia’s Carsome: 2025 will set the stage for the next decade of growth
"2024 was a landmark year for CARSOME with our focus on sustainable growth, profitability, and innovation bearing fruit. We delivered three consecutive profitable quarters this year and are well on the road to a full year of profitability," said Carsome Co-Founder and CEO Eric Cheng.
[Year in review] Southeast Asia’s Top 10 tech news in 2024
As we usher into 2025, hoping for a better year, here are Southeast Asia’s top 10 tech news in 2024.
Malaysia’s Khazanah invests in Cambrian Fund and Syntiant
Malaysia's sovereign wealth fund Khazanah Nasional Bhd said on Friday it has invested into the Malaysia-based private equity Cambrian Fund and US artificial intelligence firm Syntiant Corp.
Securities Commission Malaysia reprimands Bybit for illegally operating digital asset exchange
The Securities Commission Malaysia (SC) has reprimanded Bybit Technology Limited (previously known as Bybit Fintech Limited) (Bybit), and its Chief Executive Officer Ben Zhou (Yuchen Zhou) for operating a digital asset exchange (DAX) in Malaysia without registration.
Analysts foresee recovery for Malaysia’s tech sector next year
Analysts have foreseen recovery for Malaysia's technology sector next year, underpinned by factors including artificial intelligence (AI) infrastructure investments.
Malaysia’s Proton first EV records over 2,500 bookings
PRO-NET, a subsidiary of Malaysia's national automaker Proton, announced Thursday that the Proton e.MAS 7, the company’s first electric vehicle (EV), has achieved over 2,500 bookings.
Telegram and Tencent start licensing process to operate their platforms in Malaysia
The Malaysian Communications and Multimedia Commission (MCMC) said Thursday that Telegram and Tencent (WeChat) have started the process of obtaining the required license to operate their platforms in Malaysia.
Analysts: Malaysia’s renewable energy outlook remains robust in 2025
Maybank Investment Bank said the renewable energy sector outlook in Malaysia remains robust, as earnings recognition for engineering, procurement, construction, and commissioning (EPCC) works on the 800MW Corporate Green Power Program (CGPP) projects commence.
MIDF highlights AI, EV as bright spots in Malaysia’s tech sector
MIDF Research has foreseen artificial intelligence (AI) and electric vehicle (EV) as bright spots in Malaysia's tech sector next year.
Nissan, Honda, and Mitsubishi Motors explore merger
Japanese automakers Nissan Motor, Honda Motor and Mitsubishi Motors have signed a memorandum of understanding (MOU) to explore the possibility of Mitsubishi Motors’ participation, involvement, and synergy sharing in relation to the business integration through the establishment of a joint holding company outlined in an MOU signed between Nissan and Honda.
