Malaysia

Oracle to invest $6.5B in AI and cloud computing in Malaysia

American multinational computer technology company Oracle has on Wednesday announced plans to invest more than $6.5 billion to open a public cloud region in Malaysia to meet the rapidly growing demand for artificial intelligence (AI) and cloud services in the country.

Securities Commission Malaysia unveils three initiatives to spur innovation

The Securities Commission Malaysia (SC) will introduce a regulatory sandbox and enhance its regulatory framework to encourage securities tokenization to help spur innovations in the capital market.

Malaysia plans National Cloud Policy, AI regulatory framework

Malaysian Prime Minister Anwar Ibrahim said Tuesday that the country plans to create a national cloud policy and artificial intelligence (AI) regulatory framework.

Malaysia’s DNeX partners Google Cloud to deliver next-generation sovereign cloud for Malaysia

Malaysia-based information technology (IT) and eServices firm Dagang NeXchange Berhad (DNeX) and Google Cloud have on Monday announced a multi-year agreement to deliver next-generation sovereign cloud services in Malaysia.

HeiTech Padu acquires 30% stake in Islamic payment firm Souqa Fintech for $3.94M

Malaysia-based technology firm HeiTech Padu has proposed to acquire 30 percent stake in Islamic payment firm Souqa Fintech for MYR 16.17 million ($3.94 million).

Bursa Malaysia reviews listing requirements in tandem with National Sustainability Reporting Framework

Following the launch of the National Sustainability Reporting Framework (NSRF) in Malaysia, Malaysian stock exchange said it is reviewing listing requirements in tandem with the framework.

Malaysian data center market to further expand on demand surge — CBRE

Malaysia offers vast land areas which are affordable, plenty of power and water resources, as well as greater connectivity for data center operation.

GITC partners GDEX to develop skilled workforce for logistics industry

Malaysia-based Government-Industry TVET Coordination Body (GITC) and GDEX Berhad (GDEX) are collaborating to develop a skilled and competent workforce to meet the needs of the courier and logistics industry.

AirAsia MOVE’s MOVETIX partners Ticketmelon to enhance ASEAN’s event booking experience

MOVETIX, the global ticketing platform for events and concerts on the Malaysia-based AirAsia MOVE app, has announced a strategic partnership with Ticketmelon, one of the region's premier ticketing and event technology platforms, to enhance ASEAN’s event booking experience.

AirAsia X issues shareholders’ circular on proposed acquisitions of Capital A’s aviation businesses

Malaysia's budget airline AirAsia X (AAX) has issued a detailed circular to its shareholders, providing an in-depth view of the company’s proposed acquisitions of Capital A Berhad’s entire equity interest in the aviation business in AirAsia Aviation Group Limited (AAAGL) and AirAsia Berhad (AAB) for MYR 6.8 billion ($1.65 billion).