Malaysia
MOVE Digital’s revenue drops in first quarter due to declining AirAsia flights sale
MOVE Digital, the digital arm of Malaysia-based Capital A, saw its revenue fell 18 percent year on year to MYR 130.2 million ($27.68 million) in the first quarter. The drop was mainly attributed to decline in sale of AirAsia flights due to heightened price competition in the online travel agency (OTA) landscape, and the cessation of commissions from sales…
Sunway, Huawei, ChargeSini team up to expand EV charging infrastructure in Malaysia
Malaysian conglomerate Sunway Group (Sunway), technolgy firm Huawei Technologies (Malaysia) Sdn Bhd (Huawei Malaysia), and electric vehicle charging solutions firm ChargeHere EV Solution Sdn Bhd (ChargeSini) have teamed up to expand EV charging infrastructure in Malaysia.
Malaysia to allocate $5.3B funding to operationalize the National Semiconductor Strategy
Malaysia's Prime Minister Anwar Ibrahim said Tuesday that the government will allocate at least MYR 25 billion ($5.3 billion) in fiscal support to operationalize the three phases National Semiconductor Strategy (NSS) with targeted incentives.
Curlec by Razorpay inks partnership with TNG Digital
Malaysia’s fintech firm Curlec by Razorpay has announced its partnership with TNG Digital, the operator of TNG eWallet. Directly integrated with the TNG eWallet enables Curlec to work collaboratively to empower underserved markets to improve financial accessibility for merchants and consumers nationwide.
Singapore’s AnyMind Group completes acquisition of Malaysia’s Arche Digital
AnyMind Group, a Singapore-based business process as a service (BPaaS) company for marketing, e-commerce and digital transformation, has on Wednesday announced the completion of its full acquisition of Malaysia-based e-commerce enabler, Arche Digital.
IFC provides $150M loan for Yondr’s data center in Malaysia
International Finance Corporation (IFC), a member of the World Bank Group, has on Wednesday announced a senior loan of $150 million to help finance construction of the first phase of a 300 megawatt IT load, 72.5-acre data center campus by the global data center operator Yondr Group.
Equinix opens two data centers in Malaysia
Equinix, Inc, the global digital infrastructure company, has opened two International Business Exchange (IBX) data centers in Johor (JH1) and Kuala Lumpur (KL1) of Malaysia.
Sime Darby Property partners Pearl Computing to develop hyperscale data center with lease value of $424M
Malaysian property developer Sime Darby Property said Thursday that it has partnered with Pearl Computing Malaysia Sdn Bhd, a wholly-owned subsidiary of a multinational technology company, to develop a hyperscale data center for a multinational tech firm with a lease value of MYR 2 billion ($424 million).
PropertyGuru’s revenue up 12 pct year on year to $27.45M in first quarter
Singapore-based online property portal PropertyGuru said Tuesday that its total revenue increased 12 percent year over year to SGD 37 million ($27.45 million) in the first quarter.
Singapore’s REDEX to be exclusive partner to TNBX in Malaysia to support mGATS platform
REDEX, the Singapore-based renewable energy certificates (RECs) trading platform, will be an exclusive partner to Malaysia’s utility company Tenaga Nasional Berhad (TNB)'s wholly-owned subsidiary TNBX, to support the development of the Malaysia Green Attribute Trading System (mGATS) into the country’s preeminent digital trading platform for Malaysia…
