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).

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.

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.

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.

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.

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).

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.

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.

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.

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).