Malaysia
China’s Rigol sets up $23M manufacturing facility, R&D center in Malaysia
Rigol Technologies Co., Ltd., a China-based company specializing in design, development, production, and sales of electronic test and measurement instruments, has set up a manufacturing facility and research and development (R&D) center in Malaysia, with a total investment of over MYR 100 million ($23.14 million).
August 29, 2024
Zurich Malaysia collaborates with GXBank to launch cyber protect digital insurance product
Zurich General Insurance Malaysia Berhad and GXBank Berhad have announced the launch of Cyber Fraud Protect offered within the GXBank application and powered by Zurich Edge platform.
August 28, 2024
AWS launches infrastructure region in Malaysia, investing $6.2B through 2038
Amazon Web Services (AWS), an Amazon.com, Inc. company, has on Wednesday announced the launch of the AWS Asia Pacific (Malaysia) Region. As part of its long-term commitment, AWS is planning to invest an estimated $6.2 billion in Malaysia through 2038.
August 22, 2024
Tencent Cloud partners Global Resources Management to launch internet data center in Malaysia
Tencent Cloud, the cloud business of the China-based technology company Tencent, has announced its strategic partnership with Global Resources Management Sdn. Bhd. (GRM), a Malaysian-owned company specialized in building digital infrastructure.
August 21, 2024
Malaysia’s FinKnight secures funding from First Move, Gobi Partners Affiliate to expand financial support for startups
Malaysia-based fintech firm FinKnight, formerly Beetle Knight Advisory, has secured strategic investment from First Move and Gobi Partners Affiliate to enhance financial services for startups and scaleups in Southeast Asia.
August 21, 2024
Malaysian Central Bank, PayNet and financial institutions launch National Fraud Portal to curb financial scams
Bank Negara Malaysia (BNM), Payments Network Malaysia Sdn. Bhd. (PayNet), and financial institutions have on Tuesday launched the National Fraud Portal (NFP) as an integrated platform to strengthen the operational capabilities of the National Scam Response Center (NSRC).
August 21, 2024
Malaysia’s Uzma inks 3 MOUs on battery storage solutions and energy efficiency solutions
Uzma Environergy Sdn Bhd, a wholly owned subsidiary of Malaysia-listed Uzma Berhad, has entered into three memorandum of understanding (MOU)s on battery storage solutions and energy efficiency solutions.
August 21, 2024
Petronas, ADNOC and Storegga to collaborate on offshore carbon capture and storage in Malaysia
Malaysia's state-owned oil and gas firm Petroliam Nasional Berhad (Petronas), Abu Dhabi national oil firm ADNOC and United Kingdom-based storage solutions provider Storegga have inked deal to collaborate on offshore carbon capture and storage in Malaysia.
August 21, 2024
MARC, SME Bank team up to support entrepreneurs and SMEs in Malaysia
Malaysian Rating Corporation Berhad (MARC) has formed a strategic collaboration with Centre for Entrepreneur Development and Research (CEDAR), a wholly-owned subsidiary of SME Bank Malaysia Berhad, to support entrepreneurs and SMEs in Malaysia.
August 20, 2024
Securities Commission Malaysia’s revised guidelines on technology risk management takes effect on Monday
The Securities Commission Malaysia’s (SC) revised guidelines on Technology Risk Management have come into effect on Monday (August 19, 2024). The guidelines supersede the guidelines on Management of Cyber Risk (GMCR).
August 20, 2024