Malaysia

MDEC inks MOU with CICC Capital to set up $100M China-Malaysia Gaming and Digital Content Fund

Malaysia Digital Economy Corporation (MDEC) and CICC Capital Management Co., LTD, a private equity investment arm of China International Capital Corporation Limited (CICC), have inked memorandum of understanding (MOU) to establish the China-Malaysia Gaming and Digital Content Fund, with an estimated target fund size of $100 million.

Analyst: Malaysia’s data center interest revives after US AI regulation rollback

The overhang on the data center theme in Malaysia has eased for now, after the United States scrapped its artificial AI diffusion rules that were proposed during the wane of the Biden Administration, RHB Investment Bank said Monday.

Malaysia’s dronetech firm Aonic eyes Indonesia, Philippines markets as demand for automation grows rapidly [Q&A]

Aonic's annual revenues have exceeded MYR100 million in 2023 with double digits annual growth and in a net profitable position.

Malaysia, Japan seal $310M in green bioeconomy

Malaysia and Japan have marked a new milestone in green bioeconomy cooperation with the signing of three strategic agreements worth MYR 1.34 billion ($310 million) at Expo 2025 Osaka.

UOB Malaysia and Bursa Malaysia collaborate to support SMEs on decarbonization journey

UOB Malaysia announced Thursday a collaboration with Bursa Malaysia Berhad to facilitate small and medium-sized enterprises (SMEs) in adopting sustainability practices and advancing their decarbonization journey.

WORQ and Sunway Property partner to launch WORQ Sunway Velocity

WORQ, a Malaysia-based coworking and flexible workspace provider, in partnership with master community developer Sunway Property, has announced the launch of WORQ Sunway Velocity at Sunway V2 Tower, located within Sunway Velocity TWO.

SC signs IOSCO’s enhanced multilateral MOU for greater cross-border assistance on enforcement matters

The Securities Commission Malaysia (SC) has on Wednesday signed the International Organization of Securities Commissions’ (IOSCO) enhanced multilateral Memorandum of Understanding Concerning Consultation and Cooperation and the Exchange of Information (EMMoU).

CoKeeps, Maybank Trustees forge partnership on blockchain-powered custodial and asset management solutions

CoKeeps Sdn Bhd, a Malaysia-based blockchain infrastructure company, and Maybank Trustees Berhad, a wholly owned subsidiary of Malayan Banking Berhad, have signed a memorandum of understanding (MOU) on exploring and implementing blockchain-based custodial and asset management solutions in support of Malaysia’s national digital transformation ambitions.

Pei-Si Lai to take on role of GXS Bank CEO; Kaushik Chowdhury to be GXBank’s new CEO

GXBank, the digital bank subsidiary of GXS Bank in Malaysia, announced Wednesday the succession in its senior management team.

Gentari inks deal to power TM’s key operations with solar energy

Malaysian clean energy solutions provider Gentari, through its wholly-owned subsidiary Gentari Renewables Sdn Bhd, has signed landmark Solar Power Purchase Agreements (PPA) with telecommunications company Telekom Malaysia (TM) to power six key TM facilities with solar energy.