Malaysia

Malaysia’s Maybank Islamic appoints audax and AWS to drive digital transformation

Maybank Islamic Bhd, the Islamic banking arm of Malaysia's lender Maybank Group, has appointed Standard Chartered backed technology solutions provider audax Financial Technology (audax) as its strategic partner to spearhead the digital transformation of its banking services.

Malaysia’s Vynn Capital to accelerate deployment in 2025

We talked to Victor Chua, Founding & Managing Partner at Vynn Capital to learn more about the Malaysia-headquartered venture capital firm’s achievements in 2024, its plans and priorities in 2025. He also shared his views on the outlook of the tech ecosystem in Southeast Asia for the new year. Vynn Capital is a Southeast Asia-focused early stage venture…

Malaysia’s Perodua and UTM team up to develop next generation EV

Malaysia's national automaker Perodua and Universiti Teknologi Malaysia (UTM) have signed a memorandum of understanding (MoU) to develop the country’s next generation of electric vehicles (xEV).

RHB turns cautious on Malaysia’s data center as US AI diffusion rules present structural risk

RHB Investment Bank is turning cautious on Malaysia's data center (DC) as the US artificial intelligence diffusion (USAID) rules present a structural risk to the multi-year growth story.

TA Securities: Malaysia’s data center growth could face constraints amid US AI chip curbs

With a maximum artificial intelligence (AI) chip install base of up to 49,900 H100-equivalent graphics processing units (GPUs) per Tier-2 country from 2025 to 2027 under US recent AI chip curbs, the growth of data center (DC) projects in Malaysia could face constraints, TA Securities said last Friday.

AirAsia MOVE onboards SriLankan Airlines as latest direct airline partner

Malaysia-based Capital A's online travel agent (OTA) platform AirAsia MOVE has onboarded Sri Lanka’s National Carrier, SriLankan Airlines as its latest direct airline partner on the platform.

Securities Commission Malaysia releases NSRF guidance to help companies drive sustainability reporting

The Securities Commission Malaysia (SC) has on Monday released the National Sustainability Reporting Framework (NSRF) guidance to help companies' board of directors drive sustainability reporting.

MIDF: fear over US AI chip export curbs impact on Malaysia’s data center development may have been overblown

MIDF Research said Monday that the fear over the United States' artificial intelligence (AI) chip export curbs on Malaysia's data center development may have been overblown.

Affin: CRESS enhancement to boost Malaysia’s renewable energy sector

The enhancements to the Corporate Renewable Energy Supply Scheme (CRESS) is expected to boost Malaysia's renewable energy (RE) sector despite challenges remain, Affin Hwang Investment Bank said last Friday.

UnionPay, BSN team up to boost digital payment in Malaysia with QR payment

Chinese payment firm UnionPay International (UPI) has announced a strategic partnership with Malaysia-based Bank Simpanan Nasional (BSN) to launch the UnionPay QR payment in Malaysia in the first half of 2025.