Malaysia
Malaysia’s Khazanah posts $1.15 billion profit from operations in 2024
Malaysia's sovereign wealth fund Khazanah Nasional said Wednesday that it achieved a profit from operations of MYR 5.1 billion ($1.15 billion) in 2024, driven by disciplined monetization strategies, steady dividend income and fair value gains from global public equities.
Endeavor Malaysia appoints Shan Li Tay as new Managing Director
Endeavor Malaysia, a global community for high-impact entrepreneurs, has announced the appointment of Shan Li as its new Managing Director.
Google Cloud and Malaysia’s Ministry of Digital launch AI at Work 2.0
The Ministry of Digital of Malaysia and Google Cloud have on Wednesday announced the launch of “AI at Work 2.0,” a joint initiative to equip public officers with Google Workspace’s latest generative AI (gen AI) capabilities, empowering them to transform public service delivery.
Malaysia government to study impact of DeepSeek AI platform on Malaysia – report
Gobind said the government is giving serious consideration to DeepSeek and its model, before it can be adapted for local use to keep pace with the rapid development of the AI landscape.
Axiata inks deals with Sinar Mas to advance digital solutions in Southeast Asia
Malaysian telecommunication firm Axiata Group Berhad has inked deals with Indonesian conglomerate Sinar Mas to advance strategic collaboration in digital solutions in the Malaysian and Indonesia.
Maybank : EV transition is reshaping Malaysia’s automotive industry
Maybank Investment Bank said Tuesday that Malaysia's automotive industry is transitioning, driven by the rise of electric vehicle (EV) players, with current investments focused on downstream areas like showrooms and service centers, alongside growing interest in EV assembly.
AirAsia X announces the extension of time to complete the acquisition of Capital A’s aviation business
The timeline has been extended by two months, from Jan 25 to Mar 24, 2025, allowing both parties additional time to finalize the transaction for AAAGL and AAB.
MYEG partners with MyDigital ID Solutions to set up Malaysia’s blockchain-powered digital identity ecosystem
The MyDigital ID Superapp will provide a seamless, secure, and scalable solution for integrating digital identity management for commercial service providers.
MIMOS partners Masverse to develop blockchain infrastructure for Malaysia
Malaysia's national applied research and development (R&D) center for technology solutions MIMOS Berhad has partnered blockchain firm Masverse to develop blockchain infrastructure for Malaysia.
Malaysia’s PE firm Creador closes Fund VI at $930 million, says Founder & CEO Brahmal Vasudevan
Since its inception, the firm has raised $3.1 billion from a diverse group of global investors, including prominent corporations, foundations, family offices, and institutions.
