Malaysia
Cradle partners NIPA to launch Korea-ASEAN AI Development & Startup Competition 2025
The National IT Industry Promotion Agency of Korea (NIPA), in collaboration with the ASEAN Secretariat and Cradle Fund Sdn Bhd (Cradle) under Malaysia’s Ministry of Science, Technology and Innovation (MOSTI), is implementing the inaugural Korea-ASEAN AI Development & Startup Competition 2025.
AIMS completes Cyberjaya Block 3 data center in Malaysia ahead of schedule
Malaysia-based data center firm AIMS Data Center Sdn Bhd (AIMS) has completed its Cyberjaya Block 3 in the country ahead of schedule.
APDCA foresees $34 bln economic output from Malaysia’s data centers
The Asia-Pacific Data Center Association (APDCA) has projected that the sector could generate approximately $34 billion in total economic output and support 30,900 jobs by 2030 — up from $1.4 billion and 4,400 jobs in 2024.
Maxis partners with Aduna to accelerate enterprise innovation through powerful network APIs
Maxis, a Malaysia-based integrated telco, announced Thursday that it has entered a partnership with Aduna, a landmark venture between some of the world's leading telecom operators and Ericsson, to drive the adoption of powerful, standardized network application programming interfaces (APIs) that will accelerate digital innovation for businesses.
Maybank foresees higher revenue and EBITDA y-o-y growth for Sea in the second quarter
Maybank Investment Bank expects Singapore-based Sea's revenues and adjusted earnings before interest, taxes, depreciation and amortization (EBITDA) to grow 31 percent and 79 percent, respectively year on year in the second quarter.
Mastercard: 99 percent of Malaysians are likely to use emerging digital payment methods in the next year
Digital payments adoption is fast gaining traction locally as Malaysians adopt innovative payment options and leapfrog into mobile-first ecosystems, a new research by Mastercard showed Tuesday.
Malaysia’s Ryt Bank selects Provenir for AI risk decisioning
Provenir, a global artificial intelligence (AI) risk decisioning software firm, announced Tuesday it has partnered with Ryt Bank, a Malaysia-based AI-powered bank, to support the bank’s mission of delivering fast, simple, and innovative banking services.
Capital Markets Malaysia expands simplified ESG disclosure guide with GHG emission calculator for SMEs
Capital Markets Malaysia (CMM), an affiliate of the Securities Commission Malaysia (SC), has on Tuesday launched the Simplified ESG Disclosure Guide (SEDG) greenhouse gas (GHG) emissions calculator for Small and medium enterprise (SMEs).
Bursa Carbon Exchange, UEM Lestra collaborate to pilot Malaysia’s first CRESS auction
Bursa Carbon Exchange (BCX), a wholly-owned subsidiary of Bursa Malaysia Berhad, has on Tuesday entered into a memorandum of collaboration (MoC) with UEM Lestra Bhd, a whollyowned subsidiary of UEM Group Berhad, to pilot Malaysia’s first Bilateral Energy Supply Contract (BESC) auction under the Corporate Renewable Energy Supply Scheme (CRESS).
MyCIF surpasses $240M co-investment mark, driving MSME growth in Malaysia
The Malaysia Co-Investment Fund (MyCIF) has exceeded MYR 1 billion ($240 million) in total co-investments since its inception, a major a milestone in supporting the growth of micro, small, and medium enterprises (MSMEs) in the country, official data showed Monday.
