Malaysia

I-City, UiTM to accelerate Malaysia’s AI research and innovation through industry-academic collaboration

I-Berhad, a Malaysia-based property developer, has joined forces with Universiti Teknologi MARA (UiTM) to elevate Malaysia’s position as a regional leader in artificial intelligence (AI) and robotics.

Shopee accelerates local SME growth with $39 million investment

Shopee, the e-commerce platform in Southeast Asia, Taiwan, and Brazil, announced Tuesday a S$50 million ($38.52 million) investment over the next year to accelerate the growth of Singapore’s small and medium enterprises (SMEs) as the platform marks its 10th anniversary.

ACSR sets out approach for non-compliance to sustainability reporting requirements

The Advisory Committee on Sustainability Reporting (ACSR), chaired by the Securities Commission Malaysia (SC), announced Monday its approach to addressing non-compliance with regulatory sustainability reporting requirements developed in alignment with the National Sustainability Reporting Framework (NSRF).

Bolt records 40 percent quarter on quarter growth in first year of operations in Malaysia

One year since its launch in Malaysia, the Estonia-based e-hailing firm Bolt has reported strong and consistent 40 percent quarter-on-quarter growth.

Alibaba Cloud and MDEC launch SME Digitalization Program to boost Malaysia’s Next-Gen businesses

Alibaba Cloud, the digital technology firm of Alibaba Group, has in partnership with the Malaysia Digital Economy Corporation (MDEC), announced the launch of the SME Digitalization Program — an initiative designed to accelerate the digital transformation journey of Malaysia’s small and medium enterprises (SMEs) and small and medium-sized businesses……

Creador acquires 7 percent stake in India’s La Renon Healthcare

Malaysia-based private equity firm Creador announced Monday its investment into La Renon Healthcare by acquiring a 7 percent stake from the promoter and existing investor Peak XV Partners (formerly Sequoia India).

Vantage Data Centers launches fully leased 16MW facility in Kuala Lumpur

Vantage Data Centers, a global provider of hyperscale data center campuses, has announced its fourth facility (KUL14) on the company’s first Cyberjaya campus in Malaysia is now operational, completing the development of the KUL1 campus.

Malaysia launches new CIDB construction personnel registration card to strengthen digitalization

Malaysia's Construction Industry Development Board (CIDB) has launched a new construction personnel registration card to strengthen digitalization.

Malaysia appoints Zafrul Tengku Abdul Aziz as MIDA chairman

Malaysian government has appointed Zafrul Tengku Abdul Aziz as the Malaysian Investment Development Authority (MIDA) new Chairman, effective December 3.

ZTE and MMU expand collaboration to advance Malaysia’s AI, cybersecurity, and digital talent development

ZTE Corporation, a Chinese provider of integrated information and communication technology solutions, announced Wednesday the expansion of its collaboration with Multimedia University (MMU) to advance Malaysia’s artificial intelligence (AI), cybersecurity, and digital talent development