Malaysia

As we usher into 2025, hoping for a better year, here are Southeast Asia’s top 10 tech news in 2024.

Malaysia's sovereign wealth fund Khazanah Nasional Bhd said on Friday it has invested into the Malaysia-based private equity Cambrian Fund and US artificial intelligence firm Syntiant Corp.

The Securities Commission Malaysia (SC) has reprimanded Bybit Technology Limited (previously known as Bybit Fintech Limited) (Bybit), and its Chief Executive Officer Ben Zhou (Yuchen Zhou) for operating a digital asset exchange (DAX) in Malaysia without registration.

Analysts have foreseen recovery for Malaysia's technology sector next year, underpinned by factors including artificial intelligence (AI) infrastructure investments.

PRO-NET, a subsidiary of Malaysia's national automaker Proton, announced Thursday that the Proton e.MAS 7, the company’s first electric vehicle (EV), has achieved over 2,500 bookings.

The Malaysian Communications and Multimedia Commission (MCMC) said Thursday that Telegram and Tencent (WeChat) have started the process of obtaining the required license to operate their platforms in Malaysia.

Maybank Investment Bank said the renewable energy sector outlook in Malaysia remains robust, as earnings recognition for engineering, procurement, construction, and commissioning (EPCC) works on the 800MW Corporate Green Power Program (CGPP) projects commence.

MIDF Research has foreseen artificial intelligence (AI) and electric vehicle (EV) as bright spots in Malaysia's tech sector next year.

Japanese automakers Nissan Motor, Honda Motor and Mitsubishi Motors have signed a memorandum of understanding (MOU) to explore the possibility of Mitsubishi Motors’ participation, involvement, and synergy sharing in relation to the business integration through the establishment of a joint holding company outlined in an MOU signed between Nissan and Honda.

Malaysian telecommunications firm Telekom Malaysia (TM) has announced a strategic partnership with automaker Perodua to advance electric vehicle (EV) development, digital innovation, and sustainable growth in Malaysia.