Malaysia
TrueMoney Malaysia now supports DuitNow QR
TrueMoney, a Malaysia-based e-wallet and digital payment platform under Ascend Money, a joint venture between The Charoen Pokphand Group (C.P. Group) and Ant Financial (Alibaba), has on Tuesday announced its enablement to pay with DuitNow QR.
January 16, 2024
News,Electric Vehicles & Mobility,Malaysia
Careplus, GoAuto JV to commence $130M green technology facility in Malaysia
NexV Manufacturing Sdn Bhd (NMSB), a joint venture company between Malaysia-based glove maker Careplus Group Berhad and the automotive solutions provider GoAuto Group Sdn Bhd, will start the construction of a MYR 600 million ($129.17 million) green technology facility dedicated to manufacture and assembly of new energy vehicles, including electric vehicles…
January 12, 2024
News,Malaysia,China,Electric Vehicles & Mobility
Malaysia’s Warisan TC inks deal with China’s GAC AION to distribute EV in Malaysia
Malaysian passenger car rental firm Warisan TC Holdings Berhad (WTCH) has inked a deal with Chinese electric vehicles (EVs) manufacturer GAC AION New Energy Automobile Company Limited (GAC AION) to distribute EVs in Malaysia.
January 12, 2024
SEA,Mergers and Acquisitions,Digital Transformation,Malaysia,Features
Tony Fernandes’s global empire to be broken up into five listed companies “utlimately”
“So in the end, my dream is when I retire, five listed companies, one in America and four in other parts of Asean,” Tony Fernandes said.
January 9, 2024
AEON Bank gets nod to commence Islamic digital bank business in Malaysia
AEON Credit Service (M) Berhad (AEON Credit) has on Monday announced that its associated company - AEON Bank (M) Berhad (formerly known as ACS Digital Berhad) (AEON Bank) has obtained approval from the Bank Negara Malaysia (BNM) and the Minister of Finance to commence its digital banking operations in Malaysia.
January 9, 2024
Boost-RHB Digital Bank Consortium gets approval to commence operations in Malaysia
Boost, a regional fintech leader, and its consortium partner, RHB Banking Group (RHB), have received official approval from Bank Negara Malaysia (BNM) and the Ministry of Finance (MOF) to commence operations as a digital bank, with effect from January 15, 2024.
January 9, 2024
Khazanah and CGC Digital invest in Funding Societies to broaden financing access to MSMEs
Khazanah Nasional Berhad (Khazanah) and CGC Digital Sdn Bhd (CGC Digital) have on Wednesday announced an investment into the largest unified small and medium enterprise digital finance platform in Southeast Asia, Funding Societies | Modalku (Funding Societies), to broaden financing access to unserved and underserved businesses.
January 3, 2024
Chinese logistics services provider BEST to open its sorting center in Malaysia in 2024
China-based supply chain and logistics services provider BEST Inc said that its largest sorting center in Southeast Asia, which is located in Selangor, the most developed state in Malaysia, is slated to open in 2024. In addition to build a 220,000-square-meter facility in Malaysia, the company aims to connect Thailand, Vietnam, Singapore and Malaysia in its…
December 29, 2023