Malaysia
Malaysia inks deal with UAE to build data centers in Malaysia
Malaysia and the United Arab Emirates (UAE) have signed a Memorandum of Understanding (MoU) on Thursday, marking a strategic partnership on the development of data centers in Malaysia, with potential projects anticipated to achieve a total capacity of 500 megawatts.
January 26, 2024
Malaysia’s TNB partners China’s state-owned utilities to shake up ASEAN power grid with HVDC technology
Malaysian utility firm Tenaga Nasional Berhad (TNB) is spearheading a transformative partnership with China’s state-owned power utilities, aiming to revolutionize the ASEAN power grid (APG) through cutting-edge highvoltage direct current (HVDC) technology.
January 26, 2024
Tēnaka partners Orange Business to scale coral reef restoration program in Malaysia
France's information technology firm Orange Business and Tēnaka, a social business that works to restore and protect marine ecosystems worldwide, have partnered to scale the coral reef restoration in a Marine Protected Area of the Coral Triangle in Malaysia.
January 26, 2024
Malaysia to appoint PNB chief to lead country’s largest pension fund EPF – Reuters
EPF invests in a number of approved financial instruments which include Malaysian Government Securities and Equivalent; equities; loans and bonds; money market instruments; and real estate and infrastructure.
January 26, 2024
Airasia MOVE’s monthly active users surge 48 percent on year in 4Q2023
Airasia MOVE (formerly known as airasia superapp) continues to set new milestones, achieving a peak of close to 17 million in its average monthly active users (MAU) during the fourth quarter of 2023, a 48 percent year on year growth. The app maintained an average of 15 million MAU throughout the year 2023, a 42 percent year on year surge.
January 24, 2024
Malaysian stock exchange partners SSM to launch platform to facilitate SMEs fundraising
Bursa Malaysia Berhad has on Thursday launched the SME X Platform in collaboration with the Companies Commission of Malaysia (SSM), to further support corporate fundraising and business investment opportunities.
January 24, 2024
HSBC: Malaysia to benefit from the green shoots of recovery from global electronic cycle
“Malaysia’s economy should remain healthy this year powered by resilient consumer and investment spending. The positive fillip for Malaysia’s economy will come from the nascent recovery of the global electronic cycle and the resumption of global tourism travel,” James Cheo, Chief Investment Officer, Southeast Asia and India, Global Private Banking and…
January 23, 2024
MAVCAP invests in Vynn Capital’s Mobility and Supply Chain Fund
Malaysia Venture Capital Management Berhad (MAVCAP), Malaysia's largest venture capital firm, is investing as a limited partner in Vynn Capital's latest Mobility and Supply Chain Fund. This collaboration underscores MAVCAP's dedication to advancing technological frontiers in Malaysia and Southeast Asia.
January 23, 2024
News,Electric Vehicles & Mobility,Malaysia
Ni Hsin inks deal with MYUS to market and distribute EBIXON motorcycles in Perlis
Ni Hsin EV Mobility Sdn. Bhd. (NHEVM), a wholly-owned subsidiary of Ni Hsin EV Tech Sdn. Bhd. which in turn, a wholly owned subsidiary of Malaysia-listed Ni Hsin Group Berhad, has signed a master dealer agreement (MDA) with MYUS Autotech Sdn Bhd (MYUS), to promote and market EBIXON motorcycle in Perlis and Langkawi of Malaysia.
January 23, 2024
News,Malaysia,Electric Vehicles & Mobility
Chery Malaysia partners Carsome for vehicle trade-ins and training
Chery Malaysia has signed two memorandum of understanding (MoU) with Carsome and Carsome Academy. The primary focus of these partnerships is to improve vehicle trade-ins and enhance soft skills within the brand's network of representatives.
January 23, 2024