Malaysia

XTransfer and Maybank announce strategic partnership to expand cross-border payment

XTransfer, the China-based business to business (B2B) cross-border trade payment platform, and Maybank, a Malaysia-based bank, announced Thursday a strategic partnership to expand cross-border payment and Shariah-compliant solutions.

Petronas strengthens global collaboration on AI integration ecosystem and high-performance computing to advance Malaysia’s upstream sector

Petroliam Nasional Berhad (Petronas), through Malaysia Petroleum Management (MPM), has signed a series of Memoranda of Understanding (MoUs) at ADIPEC 2025, demonstrating its commitment to global collaboration and technology driven innovation.

Petronas and Putrajaya Holdings ink agreement to develop Petronas Geoscience Technology Center

Petroliam Nasional Berhad (Petronas), through Malaysia Petroleum Management (MPM), has formalized an agreement with Gilang Cendana Sdn Bhd (GCSB), a subsidiary of Putrajaya Holdings Sdn Bhd (PjH), to develop the Petronas Geoscience Technology Center (PGTC).

Southeast Asia is the next frontier of AI-commerce, says SVO.ai Co-Founders [Q&A]

The AI systems understand buyer behaviour, adjust ad campaigns dynamically, generate tailored content, and even forecast which actions drive the best conversion outcomes. The result is that entrepreneurs can scale faster, with less complexity and more confidence.

Petronas, Enilive and Euglen team up to launch new biorefinery in Pengerang Johor of Malaysia

Pengerang Biorefinery Sdn. Bhd., a joint venture between Petronas, Enilive S.p.A and Euglena Co., Ltd, marked a key milestone with the groundbreaking ceremony for the development of the new biorefinery in Pengerang, Johor, Malaysia.

Zetrix AI partners FMFF to boost digitalization of cross-border trade through ZTrade

Malaysia-based Zetrix AI Berhad, formerly known as MY E.G. Services Berhad, and the Federation of Malaysian Freight Forwarders (FMFF) have reaffirmed their commitment to jointly drive the full adoption of digital cross-border trade processing — beginning with the implementation of digital Certificates of Origin (COs) for trade between Malaysia and China.

man standing near Petronas Tower

Malaysia’s commitment to advancing tangible climate action towards a sustainable, net-zero future

Having successfully established these foundational pillars, Malaysia is now holistically prepared to achieve Net Zero by 2050. Through both local and international collaboration, we believe this action-oriented mission transcends geopolitics or trends. It is a matter of national responsibility and economic prudence, ensuring a secure and sustainable future…

EY launches ey.ai Innovation Center in Penang of Malaysia

Ernst & Young Consulting Sdn. Bhd. (EY Malaysia) has launched its ey.ai Innovation Center in Penang, marking a significant milestone to advance Malaysia’s position as a strategic hub for artificial intelligence (AI) innovation and capability building.

IFC invests $14M in MR. D.I.Y. Thailand IPO to boost access to affordable home improvement

To promote job creation and economic inclusion across Thailand, the International Finance Corporation (IFC) has invested THB 455.7 million ($14 million) as an anchor investor in the initial public offering (IPO) of MR. D.I.Y. Holding (Thailand) Public Company Limited (MR. D.I.Y. Thailand), a home improvement and lifestyle retailer with over 1,000 stores…

Petronas CCS Ventures receives Malaysia’s first offshore assessment permit for carbon capture and storage

Petroliam Nasional Berhad (Petronas)’ wholly-owned subsidiary, Petronas CCS Ventures Sdn Bhd (PCCSV), has been granted an offshore assessment permit for carbon capture and storage (CCS) for the Duyong area by the Malaysia Carbon Capture, Utilisation, and Storage (MyCCUS) Agency on October 10.