Malaysia

Carsome, together with FinTech firm Jirnexu and digital remittance platform MoneyMatch, forms part of the consortium led by KAF Investment Bank which will be licensed under the Islamic Financial Services Act (IFSA) 2014.

The Malaysian Research Accelerator for Technology and Innovation (MRANTI) is inviting high growth startups looking to expand their business presence in Japan, Germany and Thailand to sign up for its Global Market Fit Programme (GMP) on Monday.

Malaysian electricity utility Tenaga Nasional Berhad (TNB) has inked strategic partnerships with the major energy players in Vietnam and Laos to boost its ongoing drive to strengthen the ASEAN Power Grid (APG) interconnectivity and advancing Malaysia’s aspiration of becoming the Renewable Energy (RE) hub for ASEAN.

Malaysia-based telco Axiata Group Bhd plans to launch its digital bank by end-2023 and targets to make it profitable over the next three to four years

Aerodyne Group, the Malaysia-based drone services provider, has unveiled its two highly anticipated flagship solutions, ARGENTAVIS and FULCRUM, at the Langkawi International Maritime and Aerospace Exhibition 2023 (LIMA 2023).

Malaysian PropTech firm LiveIn said Monday it has acquired a Malaysia-based property management firm KT Management. This merger makes LiveIn the market leader in the space and will provide KT Management’s thousands of tenants, LiveIn’s flexible community living solutions and a better online to offline (O2O) experience.

The panellists discussed about the reasons why Southeast Asia is prime for the next decade and where they see opportunities within the region. They also discussed the challenges of investing and operating in the Southeast Asian region and had given some pieces of advice to investors and companies looking into this multi-cultural and diverse market.

Malaysian regulator the Securities Commission Malaysia (SC) has taken action against Huobi Global Limited, and its Chief Executive Officer Leon Li for operating a digital asset exchange (DAX) in Malaysia without registration.

Futu Holdings Limited has on Tuesday announced its expansion into Malaysia with its super investment platform, moomoo, introducing a comprehensive suite of tech-driven offerings to promote financial inclusion.

Vantage Data Centers (Vantage), a United States-based global provider of hyperscale data center campuses, has on Tuesday announced the development of a second data center campus (KUL2) in Cyberjaya, Malaysia with an additional planned US $3 billion investment.