Malaysia

Kenanga Research foresees rising electricity costs, energy-saving initiatives to accelerate solar adoption in Malaysia

Kenanga Research said Monday that rising electricity costs and corporate requirements to report energy-saving initiatives are set to accelerate solar adoption in Malaysia, driving solar engineering, procurement, construction and commissioning (EPCC) players' order books to all-time highs.

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.