Malaysia

MIDF: fear over US AI chip export curbs impact on Malaysia’s data center development may have been overblown

MIDF Research said Monday that the fear over the United States' artificial intelligence (AI) chip export curbs on Malaysia's data center development may have been overblown.

Affin: CRESS enhancement to boost Malaysia’s renewable energy sector

The enhancements to the Corporate Renewable Energy Supply Scheme (CRESS) is expected to boost Malaysia's renewable energy (RE) sector despite challenges remain, Affin Hwang Investment Bank said last Friday.

UnionPay, BSN team up to boost digital payment in Malaysia with QR payment

Chinese payment firm UnionPay International (UPI) has announced a strategic partnership with Malaysia-based Bank Simpanan Nasional (BSN) to launch the UnionPay QR payment in Malaysia in the first half of 2025.

Securities Commission rolls out Malaysia’s first social exchange pilot program

The Securities Commission Malaysia (SC) has on Friday rolled out Malaysia’s first Social Exchange Pilot Program (SEPP25), beginning with five non-governmental organizations (NGOs) showcasing social impact projects.

Malaysia’s flexible workspace operator Common Ground expands 100,000 sq ft In 2024

Malaysia’s largest flexible workspace operator Common Ground has expanded their Malaysia portfolio by approximately 100,000 square feet in 2024 via their Enterprise Solutions products and the signing of new locations across Kuala Lumpur.

NexV Manufacturing, Global NEV Technology explore strategic collaborations in assembly and manufacturing of NEVs in Malaysia

Malaysian electric vehicle (EV) firm NexV Manufacturing Sdn. Bhd. (NMSB) and Chinese-held EV firm Global NEV Technology Sdn. Bhd. (GNEV) have inked a Memorandum of Understanding (MoU) to explore strategic collaborations in the assembly and manufacturing of New Energy Vehicles (NEVs) in Malaysia.

Malaysia’s Hong Leong partners China’s WeBank for FinTech and AI banking solutions

Malaysian lender Hong Leong Bank (HLB) has on Friday announced a strategic cooperation agreement with WeBank Technology Services, a subsidiary of WeBank, China's largest digital bank, for FinTech and artificial intelligence (AI).

Securities Commission Malaysia ready to collaborate with government on digital finance policy

The Securities Commission Malaysia (SC) has welcomed Malaysian Prime Minister Anwar Ibrahim’s announcement, mentioned during his official visit to Abu Dhabi, to explore a digital finance policy that recognizes cryptocurrency and blockchain technology.

JLL expands Asia Pacific data center capital markets platform

Global real estate firm JLL has on Thursday announced a strategic expansion of its data center capital markets platform to align closer with the unique requirements of data center investors, operators, and end-users.

CloudHQ partners ESR to co-develop and operate $2B data center campus in Japan

Hong Kong-based real asset manager ESR Group Limited and global data center provider CloudHQ have entered into a joint venture on $2 billion Cosmosquare data center campus in Nanko Kita, Osaka, Japan.