Malaysia

Clean energy solutions provider Gentari Sdn Bhd (Gentari) has through its subsidiary Gentari Green Mobility Sdn Bhd partnered with eCommerce company Lazada to expand green mobility adoption in Malaysia.

The Malaysia Co-Investment Fund (MyCIF) has co-invested MYR 289 million ($61.4 million) via alternative financing platforms in 2023, consistently spurring growth and enhancing competitiveness of Malaysian micro, small and medium enterprises (MSMEs).

Google announced Thursday that it has committed an investment of $2 billion in Malaysia, including the development of its first Google data center and Google Cloud region to meet the growing demand for cloud services locally and around the world, and artificial intelligence (Al) literacy programs for Malaysian students and educators.

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…

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'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.

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.

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.

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, Inc, the global digital infrastructure company, has opened two International Business Exchange (IBX) data centers in Johor (JH1) and Kuala Lumpur (KL1) of Malaysia.