Malaysia

Australia’s Firmus, OpenAI to team up on Malaysia expansion of AI data centers

Australian AI infrastructure company Firmus and OpenAI will cooperate to expand AI data center capacity into Malaysia, a new market for the Australian infrastructure company, under a multi-year partnership to develop two sites there.

SkyGate NHJ Technology opens new manufacturing facility in Penang

Advanced precision engineering and smart manufacturing firm SkyGate NHJ Technology Sdn. Bhd. has officially opened its new manufacturing facility in the Perai Free Industrial Zone, Penang, marking a step further in the company’s commitment to establishing a technology-driven precision engineering operation in Malaysia.

Power, water and connectivity are the new bottleneck in Malaysia’s AI era – BIMB

Power, water and connectivity are the new bottleneck in Malaysia's artificial intelligence (AI) era, BIMB Securities said on Thursday.

Malaysian manufacturing sector sees business use of AI outpaces factory transformation

Malaysian manufacturing sector sees business use of artificial intelligence (AI) outpaces factory transformation, a survey conducted by the Federation of Malaysian Manufacturing (FMM) showed on Thursday.

Paydibs launches sales-linked financing for Malaysian merchants

Paydibs has launched a six-month merchant financing service in Malaysia with repayments linked to weekly payment settlements and transaction activity.

KKR to buy minority stake in Malaysia’s Avisena Healthcare, to expand flagship hospitals

The United States-based investment firm KKR has agreed to buy a minority stake in Malaysia's Avisena Healthcare, a private hospital operator.

Eric Cheng, co-founder and group chief executive of CARSOME

Malaysia-based car e-commerce CARSOME reports $8.3M quarterly EBITDA in Q2

CARSOME reported Q2 EBITDA of about MYR 33 million, up 38 percent year on year, as vehicle sales and gross profit increased across Southeast Asia.

ROOMIE launches integrated payment gateway for hotels in Malaysia

Malaysia-based hotel technology company ROOMIE has launched an integrated payment gateway that brings regional payment methods into hotel guest journeys.

Malaysia’s approved investments up 11.7 percent, underpinned by data center and cloud projects

Malaysia's approved investments grew 11.7 percent year on year to MYR 218.5 billion ($54.27 billion), underpinned by data center and cloud projects, official data showed on Friday.

Singapore’s capacity constraints steer data center growth to Malaysia – Fitch

Singapore’s capacity constraints is expected to steer data center growth to Malaysia, Fitch Ratings said on Wednesday.