Malaysia

Analysts maintain overweight stance on the Malaysian technology sector

Analysts have maintained its overweight stance on the Malaysian technology sector, underpinned by the broadening semiconductor upcycle and sustained earnings momentum.

server room aisle with metal equipment racks

Malaysia data centers hit record 9.3 percent share of power use amid heat

Malaysia’s data centers reached a record 9.3 percent share of Peninsular electricity use in mid-August as hot weather increased cooling demand.

Matrade, DNeX forge strategic collaboration to advance digital trade facilitation for Malaysian businesses

The Malaysia External Trade Development Corporation (MATRADE) and Dagang NeXchange Berhad (DNeX) have formalized a strategic collaboration through the signing of a memorandum of cooperation (MoC) to strengthen trade facilitation and accelerate the adoption of digital trade solutions among Malaysian businesses, particularly small and medium enterprises…

Malaysia’s Yinson GreenTech secures second Hydromover commercial charter in Singapore

MarinEV, the marine electrification business of Yinson GreenTech, has marked another milestone in the commercial adoption of electric harbour craft in Singapore, securing a one-year bareboat charter with HHH Marine & Logistics (HHH Marine) for Hydromover 1.0, marking its second Hydromover commercial charter in Singapore.

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.