Malaysia
Singapore tightens data center growth as Johor, Bangkok, Jakarta race ahead
Singapore's highly restrictive regulatory framework is reshaping Southeast Asia's data center landscape, with neighboring Johor, Bangkok and Jakarta emerging as key beneficiaries of hyperscale investment as operators seek larger sites, lower costs and greater expansion opportunities, according to a report by Knight Frank revealed on Thursday.
Malaysia’s stock exchange up IPO market capitalization target this year to $8B
Malaysia's stock exchange Bursa Malaysia has revised upwards one of its 2026 headline Key Performance Indicators (KPIs), increasing its initial public offering (IPO) market capitalization target to MYR 34 billion ($8.32 billion) from MYR 28 billion.
AI Nation 2030 to shift Malaysia beyond data centers towards AI value creation – MBSB
MBSB Research said Thursday that it viewed Malaysia's AI Nation 2030 positively, being the policy bridge between Malaysia’s current data center investment cycle and the next phase of domestic artificial intelligence (AI) value creation.
OCBC Bank commits $79M to support battery energy storage system project under MyBeST in Malaysia
OCBC Bank (Malaysia) Berhad said Thursday it has committed MYR 325 million ($79.48 million) in financing to support a utility-scale 100MW/400MWh Battery Energy Storage System (BESS) project under the Malaysian government’s Battery Energy Storage (MyBeST) Program.
Malaysia to trial Starlink satellite-to-phone internet service – report
The service could help bridge connectivity gaps in remote and underserved areas, complementing existing terrestrial mobile networks rather than replacing them.
Wise integrates with Malaysia’s national payments network PayNet
Wise, the global technology company, now has direct access to Malaysiaʼs national payments infrastructure, operated by Payments Network Malaysia (PayNet).
Australia’s AirTrunk secures $2.33B green financing for Johor Bahru data center, largest in Malaysia
Australia's AirTrunk has secured $2.325 billion in green project financing under its Green Financing Framework to support the development of its JHB2 hyperscale data center campus in Johor Bahru, Malaysia.
Malaysia’s Batik Air teams up with China’s YeePay on travel payments
Malaysia-based budget airline Batik Air and YeePay, one of China's payment service providers, have signed a strategic Memorandum of Understanding (MOU) to strengthen connectivity between China and Malaysia through integrated digital payment and air ticket distribution solutions.
Driven by fundamentals, not valuations: Khazanah-backed PolicyStreet CEO outlines strategy after $26M Series C
Following a total of $26 million-Series C funding round—backed by investors including sovereign wealth funds Khazanah Nasional and Japan’s Cool Japan Fund— Malaysia-based insurtech firm PolicyStreet is doubling down on its Asian expansion, leveraging its newly achieved profitability to scale embedded insurance across digital platforms.
Switzerland’s Cicor to acquire Malaysia factory of Singapore’s EDMI in $20M deal, targets $50M annual revenue
Switzerland's Cicor Group (SIX: CICN), a contract electronics manufacturer, will acquire EDMI Electronics Sdn. Bhd. in Johor, Malaysia, which is in turn a manufacturing subsidiary of Singapore-headquartered smart metering company EDMI Limited, for $15 million-$20 million.
