Malaysia

These investments are expected to create no fewer than 1,800 high-value jobs, the minister said at the signing of a memorandum of understanding (MoU) between Malaysia Digital Economy Corporation (MDEC) and the International Data Centre Authority (IDCA).

Malaysian digital solutions and application development specialist Agmo Holdings Berhad has inked a memorandum of understanding (MoU) with Alibaba Cloud (Malaysia) Sdn. Bhd, cloud computing company of China-based Alibaba Group, to launch electric vehicle (EV) superapp.

NanoMalaysia Berhad, an agency under the Ministry of Science, Technology, and Innovation (MOSTI) in Malaysia, has partnered Retailetics Sdn Bhd, a Malaysian company providing artificial intelligence-based retail automation solutions, to launch the EzyCart, a smart shopping cart which is projected to be a game-changer in the retail industry.

Malaysian clean energy expert Solarvest Holdings Berhad has officially announced five grant recipients for the Seed Grant Round of Solarvest Innovation Lab 2023 (SIL 2023). Irradisol, Flumen, DespaQ, Hydrozon, and Hexacycle emerged as the five chosen recipients under the Seed Grant Round for SIL 2023.

American digital infrastructure company Equinix plans to open its data center in Kuala Lumpur in the first quarter of 2024, following its expansion announcement last year to enter Malaysia with a data center in Johor.

Malaysian self-adhesive label solutions provider Komarkcorp has partnered with Chinese blockchain firm Ant Group Digital Technologies to tap into digital blockchain services. Komarkcorp wholly-owned subsidiary Komark International (M) Sdn Bhd has signed a memorandum of understanding (MoU) with Ant Group Digital Technologies' unit AntChain for the services.

Malaysian stainless steel cookware manufacturer Ni Hsin has inked deal with Malaysian oil and gas firm Koperasi Tenaga Dan Petroliam Berhad (BPA) to promote electric vehicle (EV) motorcycles.

Malaysia-based integrated car e-commerce platform Carsome has denied the report that it has petitioned to the Ministry of Finance in Malaysia for funding as its liquidity position remains strong at $150 million.

Sunway Group (Sunway) and UOB Malaysia have inked a partnership which will see the two companies working together towards their shared mission to achieve net zero carbon emissions by 2050.