Malaysia

Malaysia’s AirAsia MOVE monthly active users down 13 percent year on year in second quarter

AirAsia MOVE, the superapp of Malaysia-based Capital A, saw its overall monthly active users (MAU) down by 13 percent year on year to 13.01 million in the second quarter.

Malaysia’s Iskandar Investment launches Tech Medini to catalyze digital economy sector for JS-SEZ

Malaysia's Iskandar Investment Berhad (IIB) has launched Tech Medini on Monday, a landmark initiative marking a significant leap forward in solidifying Medini's position as Johor’s premier Digital and Innovation Hub.

TM and Singtel’s Nxera break ground for sustainable, hyper-connected data center campus in Johor

Telekom Malaysia (TM), a Malaysia-based telecommunications firm, and Nxera, the regional data center arm of Singtel’s Digital InfraCo unit, have launched their data center campus in Iskandar Puteri, Johor of Malaysia.

Funding Societies has disbursed $64.22M in Islamic financing to MSMEs in Malaysia

Funding Societies, the Singapore-based unified digital finance platform for small and medium sized enterprises (SMEs), has successfully disbursed MYR 300 million ($64.22 million) in Islamic business financing to more than 2,500 micro, small, and medium enterprises (MSMEs) in Malaysia since launching its comprehensive suite of Islamic products in June 2023.

PayNet launches next-generation cloud skills programme to bridge Malaysia’s digital talent gap in the financial services industry

Malaysian Central Bank-owned Payments Network Malaysia (PayNet) has on Monday launched Program Akar, a new program designed to address the urgent need for digitally skilled workers in Malaysia.

JIA Asset Management joins Vynn Capital Progression Fund as limited partner

JIA Asset Management Sdn Bhd has announced on Tuesday its strategic collaboration with Vynn Capital by participating as a limited partner in the Vynn Capital Progression Fund, Vynn Capital’s mobility and supply chain-focused fund.

Capital A chief Fernandes demands answers from Microsoft with airlines losing ‘millions’ in global IT outage

The global tech glitch affected flights, banking and company operations in Malaysia, Hong Kong, Singapore, the United States, the United Kingdom, India and Australia, according to various media reports.

Microsoft says about 8.5 million of its devices affected by CrowdStrike-related outage

"Although this was not a Microsoft incident, given it impacts our ecosystem, we want to provide an update on the steps we’ve taken with CrowdStrike and others to remediate and support our customers," Microsoft clarified in a blog post on Saturday.

Futurise, Malaysian Sports Aviation Federation team up for drone sports in Malaysia

Futurise Sdn Bhd, a company under the Ministry of Finance in Malaysia, and the Malaysian Sports Aviation Federation (MSAF) have on Friday forged an alliance to advance and elevate the burgeoning field of drone sports in Malaysia.

Malaysia’s mobile payment firm BigPay expands to Thailand

BigPay, the mobile payments unit of Malaysia-based Capital A, has announced its expansion into Thailand, bringing a financial solution to travellers and residents alike.