Malaysia

SC signs IOSCO’s enhanced multilateral MOU for greater cross-border assistance on enforcement matters

The Securities Commission Malaysia (SC) has on Wednesday signed the International Organization of Securities Commissions’ (IOSCO) enhanced multilateral Memorandum of Understanding Concerning Consultation and Cooperation and the Exchange of Information (EMMoU).

CoKeeps, Maybank Trustees forge partnership on blockchain-powered custodial and asset management solutions

CoKeeps Sdn Bhd, a Malaysia-based blockchain infrastructure company, and Maybank Trustees Berhad, a wholly owned subsidiary of Malayan Banking Berhad, have signed a memorandum of understanding (MOU) on exploring and implementing blockchain-based custodial and asset management solutions in support of Malaysia’s national digital transformation ambitions.

Pei-Si Lai to take on role of GXS Bank CEO; Kaushik Chowdhury to be GXBank’s new CEO

GXBank, the digital bank subsidiary of GXS Bank in Malaysia, announced Wednesday the succession in its senior management team.

Gentari inks deal to power TM’s key operations with solar energy

Malaysian clean energy solutions provider Gentari, through its wholly-owned subsidiary Gentari Renewables Sdn Bhd, has signed landmark Solar Power Purchase Agreements (PPA) with telecommunications company Telekom Malaysia (TM) to power six key TM facilities with solar energy.

MIDF positive on US intention to scrap curbs on AI chip exports

MIDF Research said Friday that the scrapping of the rules under the Framework of AI Diffusion is a positive development as far as the data center value chain is concerned.

Malaysia’s Capital A shareholders approve capital reduction for PN17 exit plan

Malaysia-based Capital A Berhad announced Thursday that its shareholders has approved capital reduction for PN17 exit plan.

Equinix scales Malaysia’s data center footprint with expansion in Kuala Lumpur

Equinix, Inc, the global digital infrastructure company, announced Wednesday the completion of the second phase of its KL1 International Business Exchange™ (IBX®) data center in Kuala Lumpur, Malaysia.

Capital A sets sight on Saudi Arabia with plans to expand aviation and logistics ecosystem

Malaysia-based Capital A Berhad announced Wednesday its plans to significantly expand into Saudi Arabia, marking a pivotal step in the Group's Middle East growth strategy.

PayNet launches Fintech accelerator to catalyze and support industry growth in Malaysia

Payments Network Malaysia Sdn Bhd (PayNet), the national payments network and a central driver of Malaysia’s digital economy, has launched Malaysia’s first fintech-focused community and accelerator: The PayNet Fintech Hub (the Hub).

Boost Bank disburses $35.52M to hundreds of SMEs in Malaysia

Malaysia's digital bank Boost Bank said Tuesday it has disbursed close to MYR 150 million ($35.52 million) financing disbursements across hundreds of small and medium-sized enterprise (SMEs).