Malaysia

AirAsia MOVE’s revenue up 29 percent quarter on quarter in 4Q

Malaysia-based Capital A online travel agent (OTA) platform AirAsia MOVE has improved its growth trajectory in the fourth quarter from the preceding quarter, closing with MYR 166 million ($37.22 million) in revenue, up 29 percent quarter-on-quarter.

CGS offers Malaysia’s first publicly available CME Crypto Futures

CGS International Futures Malaysia (CGS MYF), the futures broking division of an integrated financial services company CGS International Securities Malaysia (CGS MY), has on Thursday announced the launch of the first publicly available CME Crypto Futures contracts in Malaysia for the two largest cryptocurrencies by market capitalization, Bitcoin (BTC) and…

Nokia to modernize data center infrastructure for Malaysia’s Maxis

Finnish multinational telecommunications firm Nokia has on Friday announced a significant upgrade to the data center infrastructure of Maxis, a Malaysia-based integrated telecommunications provider, aimed at enhancing connectivity and scalability with Nokia’s data center switches and event-driven automation (EDA) platform.

Malaysia’s Ficus Capital invests $430,000 in Singapore’s Web 3 firm in Morpheus Labs

Ficus Capital, a Malaysia-based environmental, social, and governance (ESG) Islamic-compliant venture capital firm, announced Tuesday its strategic investment of $430,000 in Morpheus Labs, an artificial intelligence (AI)-powered Web3 implementation platform based in Singapore, as it initiates its Pre-A Funding round.

Malaysia’s digital investments hit record high at $37B in 2024

Digital investments in Malaysia hit a record MYR 163.6 billion ($36.81 billion) in 2024, compared to MYR 46.8 billion ($10.53 billion) in 2023, driven by a stable government and pro-business policies in reinforcing the country’s reputation as a regional tech hub, Malaysia Digital Economy Corporation (MDEC) said Thursday.

Malaysia’s Petronas partners with Energy Institute for Asia’s energy transition

Malaysia's state-owned oil and gas firm Petroliam Nasional Berhad (Petronas) has forged a partnership with United Kingdom-based chartered professional membership body Energy Institute (EI) for Asia's energy transition.

Alibaba Cloud unveils latest AI offerings to advance Malaysia’s AI agenda

Alibaba Cloud, the digital technology and intelligence backbone of Alibaba Group, has unveiled its latest artificial intelligence (AI) models, solutions, upgraded infrastructure offerings in Malaysia to advance the country’s AI agenda.

LifeTech partners Kyndryl to establish security operations center on public cloud in Malaysia

Kyndryl, the global information technology (IT) infrastructure services provider, has on Thursday announced it entered into an agreement with LifeTech Group, a Malaysia-based managed cybersecurity services provider, to establish the first in-country security operations center (SOC) on public cloud in Malaysia.

Malaysia’s telco Axiata says “in talks” with potential new shareholder for fintech arm Boost – report

The deal is still pending regulatory approval, and Axiata is not able to disclose the name of the new investor, group chief executive officer and managing director Vivek Sood said.

Solarvest partners EXAL to provide clean energy infrastructures in Sarawak

Malaysia’s clean energy solutions provider Solarvest Holdings Berhad has partnered with Australia's sustainable real estate firm EXAL Group to bring clean energy infrastructures to EXAL’s architectural developments in Sarawak.