Malaysia

Open DC unveils Penang’s first next-generation data center

As demand for high-performance computing and low latency connectivity intensifies, Open DC, a Malaysia-based data center solutions firm, has unveiled Penang’s first full-scale, next generation data center (PE2).

CIMB: US’s potential implementation of 100 percent tariff on semiconductors would be negative for Malaysia’s technology sector

The United States' potential implementation of a 100 percent tariff on semiconductors would be negative for Malaysia's technology sector, although there could be potential exemptions for certain multinational corporations (MNCs) that may renegotiate terms through strategic investment commitments in the US, a research house said Friday.

KAF Digital Bank receives Malaysia’s green light for public onboarding

KAF Digital Bank announced Thursday it has received regulatory approval from Bank Negara Malaysia (BNM) to officially onboard members of the public as customers, following the successful completion of its rigorous PERINTIS Phase.

Ant International’s WorldFirst gets approval to provide payment services in Malaysia

WorldFirst, the payment firm of Ant International, has secured approval to provide payment services in Malaysia.

BIMB foresees carbon tax to add $240M to Malaysian government coffer

BIMB Securities Research has foreseen carbon tax to add MYR 1 billion ($240 million) to the Malaysian government coffer.

Khazanah to support more than 100 Malaysian MTCs via Dana Impak

Khazanah Nasional Berhad via Dana Impak, is catalyzing efforts to support Malaysian Mid-Tier Companies (MTC) through a dual-track approach of capacity development and mobilizing growth capital via private credit and private equity strategies.

Analysts foresee Malaysia’s National AI Action Plan 2030 to spur AI adoption

Analysts have foreseen Malaysia's National AI Action Plan 2030 to spur the artificial intelligence (AI) adoption across the country.

Malaysia, Thailand ink ten MOUs for $47.28M potential digital exports

Malaysian tech companies and Thai partners have signed ten memorandums of understanding (MoUs) which are expected to generate over MYR 200 million ($47.28 million) in potential digital export opportunities for these local tech companies.

Malaysia’s tokenized asset market could reach $43B by 2030

Malaysia’s tokenized asset market could reach $43 billion by 2030, spanning regulated products such as unit trusts, bonds and sukuk, a whitepaper showed Wednesday.

Adyen Retail Report: 58 percent of Malaysians now use AI to shop, surpassing global average

Malaysian shoppers are increasingly embracing artificial intelligence (AI), with 58 percent saying they use it to enhance how they shop, a report showed Wednesday.