Malaysia

Malaysia’s VentureTECH drives renewable energy innovation with investment in MTC Orec

VentureTECH Sdn. Bhd., a Malaysia-based impact investment company, has on Monday announced a strategic investment in MTC Orec Sdn. Bhd. (MTC Orec), a bumiputera company in Malaysia specializing in the bioenergy sector.

Malaysia ends 2024 as Southeast Asia’s top data center hub with $23B investments

Malaysia has ended 2024 as Southeast Asia’s top data center hub with $23 billion investments, solidifying its position as Southeast Asia’s leading digital hub, Knight Frank said Monday.

Yondr raises $900M from IFC and global lenders for data center in Malaysia

Global data-center operator Yondr Group has raised over $900 million from International Finance Corporation (IFC) and a consortium of six international financial institutions to finance its hyperscale data-center campus in Malaysia.

Analysts foresee increased localization investment in Malaysia’s EV sector next year

Analysts have foreseen electric vehicle (EV) transition pace to pick up in Malaysia next year, underpinned by government policies and incentives.

Catcha Digital acquires 60 percent stake in Drive 2 Digital for $3.59 million

Malaysian digital media firm Catcha Digital Berhad has on Friday announced that it has acquired a 60 percent interest in Drive 2 Digital Sdn Bhd (D2D) for a cash consideration of MYR 16.2 million ($3.59 million) to strengthen its position in automotive digital media.

Malaysia launches ASEAN Startup Initiative

As Malaysia prepares to assume the ASEAN Chairmanship in 2025, this initiative aligns perfectly with our vision to position ASEAN as a global hub for innovation and entrepreneurship.

Malaysia’s Catcha Digital acquires 70 percent stake in Tastefully for $1.7M to enter consumer food expo sector

Malaysian digital media firm Catcha Digital Berhad is acquiring a 70 percent equity interest in Tastefully Malaysia Sdn Bhd for a cash consideration of MYR 7.6 million ($1.69 million) to enter consumer food expo sector.

Global technology firm Kyndryl opens new office in Malaysia

Kyndryl, the global information technology (IT) infrastructure services provider, has opened its new office in Kuala Lumpur, the capital city of Malaysia, on Thursday.

TM, Petronas and Gentari team up to drive digital and sustainable innovation in Malaysia

Malaysian telecommunications firm Telekom Malaysia (TM) has signed memorandum of understanding (MoU) with oil and gas firm Petroliam Nasional Berhad (Petronas) through its digital arm Petronas Digital Sdn Bhd (PDSB), and clean energy arm Gentari Sdn Bhd, to drive growth in digital transformation and sustainable innovation.

Cambodia Airways becomes AirAsia MOVE’s direct airline partner

AirAsia MOVE, the travel booking app of Malaysia-based Capital A, has welcomed Cambodia Airways as its latest direct airline partner, providing another great option for its over 15 million monthly average users to experience the rich cultural heritage and breathtaking natural wonders of Cambodia.