Malaysia

TDK to acquire Malaysia’s lithium-ion rechargeable batteries firm Linergy Power at $240M

Japanese electronics firm TDK will acquire 100 percent of the ordinary shares of Malaysia's lithium-ion rechargeable batteries firm Linergy Power Sdn Bhd at $240 million.

Zeekr emerges Malaysia’s top premium EV brand in Jan-Apr 2026

Zeekr Intelligent Technology Malaysia remained Malaysia’s top premium electric vehicle (EV) brand in the first four months 2026, according to vehicle registrations data from Malaysia’s Road Transport Department (JPJ) as of April 2026.

TNB commissions Malaysia’s first grid-connected BESS

Malaysia's utility firm Tenaga Nasional Berhad (TNB) has on Monday commissioned the 100 megawatt (MW) / 400 megawatt-hour (MWh) Santong Battery Energy Storage System (BESS) at the 132/33kV Santong BESS Main Intake Substation (PMU), Dungun, Terengganu, making it the first BESS in Malaysia connected to the grid.

Malaysia’s GXBank expands MSME financing access higher loan limits, digital guarantees

Malaysia's GX Bank Berhad (GXBank) has expanded its GX Business Banking services for micro, small and medium enterprises (MSMEs), including higher financing limits and broader eligibility requirements for business account applications and credit assessments.

Funding Societies, Boost Bank partner to expand property-backed business financing for SMEs in Malaysia

Singapore-headquartered digital financing platform Funding Societies and Malaysia’s homegrown digital lender Boost Bank have on Monday announced a strategic partnership to broaden access to property-backed business financing for small and medium enterprises (SMEs), including asset-owning micro, small, and medium enterprises (MSME)s and growing SMEs, in…

BIMB sees policy shifts Malaysia from import-driven to localization-driven EV growth

BIMB Securities has foreseen policy shifts Malaysia from import-driven to localization-driven electric vehicle (EV) growth, pushing foreign original equipment manufacturers (OEMs) toward completely knocked down (CKD) assembly.

Human empathy still critical as AI reshapes customer experience industry – MDEC’s CEO

Automation and artificial intelligence (AI) may be reshaping the customer experience industry, but human empathy and connection must remain at the center of how the sector evolves, Malaysia Digital Economy Corporation (MDEC)'s chief executive officer Anuar Fariz Fadzil said Friday.

Australia’s NEXTDC launches $720M data center in Malaysia

NEXTDC Limited, an Australia-based digital infrastructure provider, has on Thursday announced the official launch of KL1 Kuala Lumpur, its first international data center with $720 million, establishing a strategic platform to support the rapid growth of artificial intelligence (AI), cloud computing and digital services across Southeast Asia.

Ant Digital Technologies & RYT Bank win Best AI-Powered Customer Experience Award in Malaysia

The award recognises the joint achievement of both organisations in deploying enterprise-grade AI technology to deliver personalised, scalable financial services and bring best-in-class customer experiences in Malaysia, according to a statement.

Maybank sees data center infrastructure spending still accelerating in Malaysia

Data center infrastructure spending is still accelerating in Malaysia, with capacity pipeline in the country expected to reach 7.5GW over the next five to ten years, Maybank Investment Bank said on Monday.