Malaysia

Against a backdrop of resilient semiconductor momentum, accelerating artificial intelligence (AI)/ high-performance computing (HPC)-driven capital expenditure (capex), firmer autos, and contained tariff risk, Kenanga Research has turned positive on Malaysia's technology sector and foreseen the firms are well placed to ride the global recovery.

MUFG Bank (Malaysia) Berhad (MUFG), a subsidiary of Mitsubishi UFJ Financial Group, Inc. has signed a MYR 500 million ($119 million) social loan with AEON Credit Service (M) Berhad (AEON Credit), a financial service provider in Malaysia.

Bay Group Holdings Sdn Bhd (CapBay), a Malaysian supply chain financing provider and peer-to-peer (P2P) financing platform, and Ultrack Technology Sdn Bhd (TrackerHero), a provider of security workforce management solutions, have sealed a memorandum of understanding (MoU) to accelerate digital adoption and growth among small and medium-sized enterprises…

Digital Penang, in collaboration with the Malaysian Business Angel Network (MBAN), announced last Thursday the launch of the Angel Investment Accelerator Program, an initiative designed to nurture a new generation of angel investors while bridging the critical funding gap for early-stage startups in Penang.

SCEKL 2025 welcomed 10,700 registered participants who came from all over the country and also from the ASEAN region. As the first Southeast Asian city to host the Smart City Expo World Congress, Kuala Lumpur has positioned itself as a convening hub for the region’s AI Cities and digital transformation dialogue. Delegates from 28 ASEAN cities underscored…

Carsome Group Inc, Southeast Asia’s largest integrated car e-commerce platform, marked its 10th anniversary with the launch of Pakej Rakyat, a program that offers high-quality refurbished cars from MYR 199 ($47) per month under Carsome Value Plus, together with a free one-year warranty and service packages, supported by its in-house financing through…

U Mobile, a Malaysia-based 5G network provider, has signed a memorandum of understanding (MoU) naming Huawei Technologies (Malaysia) Sdn Bhd (Huawei Malaysia), as one of its strategic technology partners to establish its Enterprise Innovation Platform (EIP).

Sapura Industrial Berhad (SIB), a Malaysia-based automotive component manufacturers, and Asia Pacific University of Technology & Innovation (APU), Malaysia’s digital technology institution, have entered into a memorandum of understanding (MoU) to strengthen collaboration in electric and hybrid vehicle technology and smart manufacturing.

E-commerce platform TikTok Shop announced Wednesday that it is further injecting MYR 20 million ($4.74 million) into the local digital economy in Malaysia through its new #JomLokal Booster Stimulus Package, to provide enhanced support for local micro, small, and medium-sized enterprises (MSMEs) and homegrown products.

Carrying the theme “Scaling Startups Beyond Borders”, the summit is the first ASEAN tech startup conference under the ASEAN-Malaysia Chairmanship 2025 and is recognized as a Priority Economic Deliverable (PED) for the nation. It will gather over 3,000 participants including startups, investors, and policymakers from all 10 ASEAN Member States (AMS) and…