Malaysia

Hong Kong’s fintech TROOPS to commit $12M to new Southeast Asia AI-infrastructure unit

TROOPS, a Hong Kong money-lending and property group listed on Nasdaq, will commit $12 million to launch a business unit building AI computing infrastructure in Southeast Asia.

Malaysia’s 3cat raises $4M Series A for Philippines expansion

Malaysia-based pre-owned electronics platform 3cat has raised a $4 million Series A led by Foxmont Capital Partners, with participation from the Asian Development Bank and Golden Gate Ventures, as it prepares to enter the Philippines.

CRESS acceleration package seen driving Malaysia renewable energy deals

Malaysia's renewable energy sector could see a stronger pipeline of corporate power purchase agreements over the coming months after the government cut the system access charge for firm supply under the Corporate Renewable Energy Supply Scheme (CRESS), with research houses expecting developers and data center operators to accelerate negotiations.

Malaysia’s U Mobile, ZTE test three-day off-grid 5G deployment in East Malaysia

U Mobile and ZTE have completed a proof of concept for a portable solar-powered 4G and 5G site using satellite backhaul at two rural locations in Sarawak and Sabah.

Aolani and NVIDIA plan 22,000-GPU AI infrastructure expansion in Southeast Asia

Aolani is working with NVIDIA to deploy 22,000 Blackwell Ultra GPUs in Malaysia and the Philippines, taking its regional capacity above 48,000 GPUs.

Malaysia’s renewable energy delivery faces rising skills, contractor risks, BIMB Says

The rapid expansion of renewable energy projects is increasing execution risks related to workforce skills, site safety and contractor management, BIMB Securities said on last Friday.

Zeekr Malaysia EV brand launches ‘One Zeekr’ owner community program

Zeekr Malaysia, the local arm of China's premium EV brand Geely, has launched an owner-community program One Zeekr, offering lifestyle events, gatherings, and charitable activities to its car buyers.

Maybank sees electric vehicles adoption continues to accelerate in Indonesia

Maybank Investment Bank said on Thursday that growing electric vehicles (EV) adoption should continue to support industry volumes into the second half of 2026.

AirAsia’s Fernandes refutes report that AirAsia needs government bailout – report

The media briefing came two days after Reuters reported, quoting sources, that Malaysia's government had asked Malaysia Airlines and Batik Air whether they could absorb AirAsia's domestic market share.

Data center-led demand growth will drive substantial investments in Malaysia’s power sector – Moody’s

Rapid data center expansion in Malaysia (A3 stable) will drive an increase in electricity demand over the next ten years, requiring substantially higher investments across the power sector, Moody's Ratings said on Thursday.