Malaysia

Malaysia Digital Minister says National AI Office to start operations in November

Gobind said one of the National AI Office’s main areas of focus will be to create an ecosystem to make Malaysia a regional AI hub.

Malaysia launches aviation decarbonization blueprint to achieve net zero carbon emissions by 2050

Malaysia has launched the Malaysia Aviation Decarbonization Blueprint (MADB) on Thursday to achieve net zero carbon emissions as early as 2050 for the international aviation sector.

Malaysia’s Cradle and Invest India form strategic alliance to strengthen startup ecosystems in both nations

Cradle Fund Sdn. Bhd. (Cradle), the government agency for Malaysia’s startup ecosystem, and Invest India, an investment promotion and facilitation agency under the Government of India, have formed a strategic alliance to strengthen startup ecosystems in both nations.

Macquarie sees Malaysia as key ASEAN data center growth market

Malaysia remains as the key data center growth market in ASEAN, with a steady stream of corporate announcements and new regulations, Macquarie said in recent note.

Malaysia’s roadside assistance provider Bateriku.com closes $7.4M Series B round

Bateriku.com said this capital infusion is set to propel the company’s growth across Malaysia and throughout Southeast Asia, with Indonesia and Singapore as the first international markets targeted for expansion and replication of its innovative business model.

Malaysia’s Solarvest secures $26M CGPP EPCC contract for solar plant in Pahang

Malaysian clean energy company Solarvest Holdings Berhad has secured a MYR 113 million ($25.87 million) engineering, procurement, construction, and commissioning (EPCC) contract to construct a solar farm from P Solar Sdn Bhd.

Malaysia’s Kenanga acquires 8 percent stake in Singaporean fintech firm Helicap

Malaysia’s independent investment bank, Kenanga Investment Bank Berhad (Kenanga Group) announced Monday that it has acquired 8 percent stake in Singaporean fintech firm Helicap Pte Ltd.

Malaysia’s Teleport posts 35 percent year on year growth in second quarter revenue

Malaysia-based Capital A's logistics arm Teleport has seen its quarterly revenue increased by 35 percent year on year to MYR 225 million ($47.5 million) in the second quarter.

Malaysia’s BoomGrow partners CelcomDigi to launch 5G and AI-powered Machine Farms

Malaysia-based BoomGrow Productions Sdn Bhd (BoomGrow) and CelcomDigi Berhad have on Thursday announced a strategic partnership to transform Malaysia’s agricultural industry through the integration of 5G connectivity, artificial intelligence (AI), and extended reality (XR) with precision farming technology.

Malaysia’s MOVE Digital posts $32M revenue in the second quarter

Malaysia-based Capital A's digital arm MOVE Digital has posted MYR 137.8 million ($31.96 million) in revenue in the second quarter ended June 30, 2024.