Malaysia

Malaysia’s AI-powered digital lender Ryt Bank surpasses 1.2M users in 7 months of launch

Ryt Bank has exceeded 1.2 million users just over seven months after its launch in August 2025, the lender said in a release on Tuesday.

Malaysia EV transition steady but gradual as subsidies, infrastructure and localization shape adoption curve

Malaysia’s electric vehicle (EV) transition continues to progress at a steady but gradual pace, shaped by fuel subsidy structures, infrastructure constraints and intensifying competition among automakers, according to research houses.

ZTE, CIMB expand strategic partnership to support 5G deployment, digital infrastructure across ASEAN

ZTE Corporation, a China-based information and communication technology solutions provider, has entered into a memorandum of understanding (MoU) with CIMB Bank Berhad (CIMB), to establish a strategic cooperation framework aimed at supporting digital infrastructure development across ASEAN.

Sidec launches Token-X to accelerate Malaysia’s digital asset and Web3 ecosystem

The Selangor Information Technology and Digital Economy Corporation (Sidec) has introduced Token-X, an accelerator program aimed at advancing Malaysia’s position in digital assets, blockchain innovation, and the emerging Web3 economy.

Creador Founder and CEO Brahmal Vasudevan

Malaysia PE firm Creador targets $1B for new PE fund, launching in Q1 next year

"We are targeting to launch the new fund in the first quarter next year," Creador Founder and Chief Executive Officer Brahmal Vasudevan told TNGlobal.

AI supercycle reshapes global tech landscape, but rising memory constraints and geopolitical risks cloud outlook, say analysts

The global technology and semiconductor industry is entering a structurally stronger but increasingly uneven growth phase, driven by artificial intelligence (AI), high-performance computing (HPC) and next-generation connectivity. However, analysts warn that intensifying memory shortages, rising input costs and geopolitical tensions are beginning to distort…

OSK Ventures International exits from Alternatives.pe via strategic acquisition by Uzabase

Malaysia-based venture capital firm OSK Ventures International Berhad (OSKVI) has successfully exited its investment in Alternatives.pe through its fund OSK Ventures ET Fund II Ltd.P. (OSKVETF2), following the acquisition of Alternatives.pe by Japan-listed business intelligence firm Uzabase, Inc.

Malaysia rolls out $1.3B financing push to drive SMEs into green, high-tech sectors

Malaysia’s Entrepreneur and Cooperatives Development Ministry is rolling out up to MYR 5 billion ($1.3 billion) in low-cost financing to support small and medium enterprises (SMEs) in scaling up and transitioning into higher value activities, national news agency Bernama reported on Thursday.

Malaysia steps up chip push with MyChipStart to develop local IC design firms

The Malaysian government is stepping up efforts to move Malaysia further up the semiconductor value chain through the MyChipStart program, which aims to develop local integrated circuit (IC) design companies, national news agency Bernama reported Friday.

Smart Axiata secures $50M extended financing from Maybank to advance digital and 5G infrastructure development in Cambodia

Maybank Cambodia has extended a $50 million financing facility to Smart Axiata, a subsidiary of Malaysian-headquartered Axiata Group Berhad, to accelerate the strategic development of Cambodia’s digital and telecommunications infrastructure, including 5G connectivity across the country.