Malaysia

NASDAQ-listed Equinix plans to open data center in KL in 1Q 2024

American digital infrastructure company Equinix plans to open its data center in Kuala Lumpur in the first quarter of 2024, following its expansion announcement last year to enter Malaysia with a data center in Johor.

Komarkcorp partners with AntChain for digital blockchain services

Malaysian self-adhesive label solutions provider Komarkcorp has partnered with Chinese blockchain firm Ant Group Digital Technologies to tap into digital blockchain services. Komarkcorp wholly-owned subsidiary Komark International (M) Sdn Bhd has signed a memorandum of understanding (MoU) with Ant Group Digital Technologies' unit AntChain for the services.

Ni Hsin inks deal with Koperasi Tenaga Dan Petroleum to promote EV motorcycles

Malaysian stainless steel cookware manufacturer Ni Hsin has inked deal with Malaysian oil and gas firm Koperasi Tenaga Dan Petroliam Berhad (BPA) to promote electric vehicle (EV) motorcycles.

Carsome refutes funding bid from government; says its liquidity position remains robust at over $150M

Malaysia-based integrated car e-commerce platform Carsome has denied the report that it has petitioned to the Ministry of Finance in Malaysia for funding as its liquidity position remains strong at $150 million.

Sunway and UOB Malaysia ink partnership to advance net zero goal

Sunway Group (Sunway) and UOB Malaysia have inked a partnership which will see the two companies working together towards their shared mission to achieve net zero carbon emissions by 2050.

Malaysia central bank, ASEAN 5 to set up multilateral platform for cross-border payment connectivity

A key highlight at the symposium is the showcasing of Malaysia’s cross-border QR payment linkages with Indonesia, Singapore, and Thailand. It features an exhibition with food vendors from Malaysia, Indonesia, Singapore, and Thailand.

MHI inks MoU with TNB Genco on clean energy technologies to drive decarbonization in Malaysia

Japanese industrial group Mitsubishi Heavy Industries, Ltd. (MHI) and Malaysia's power producer TNB Power Generation Sdn. Bhd. (TNB Genco), have signed a Memorandum of Understanding (MoU) to study and exchange information related to clean energy technologies.

Malaysian preventive healthcare provider DrPrevents aims to secure $870,000 via ECF

DrPrevents, a provider of preventive healthcare servicesin Malaysia, is launching its first equity crowdfunding (ECF) campaign via MyStartr. The company aims to secure MYR 4 million ($870,000), with a strategic focus on expanding the implementation of preventive medicine to complement the national public healthcare system.

Five Malaysian firms selected to pilot projects with MRANTI and UNICEF

Five Malaysian firms have been selected to pilot projects with the Malaysian Research Accelerator for Technology and Innovation (MRANTI) and the United Nations Children’s Fund (UNICEF).

Gobi Partners releases 2022 Sustainability Report as part of its commitment to UNGC’s Corporate Sustainability Principles

Pan-Asian venture capital firm Gobi Partners (Gobi) has on Monday released its 2022 sustainability report, highlighting the firm’s progress towards building more sustainable and diverse companies.