Malaysia

Malaysian lender CIMB Bank Berhad has signed a memorandum of understanding (MOU) with Remedi Innovations Sdn. Bhd. to co-develop digital health and wellness solutions for health tech small and medium enterprises (SMEs) in Malaysia.

Kenanga Research has foreseen compelling growth opportunities for Malaysian telcos, driven by the rapid expansion of digital infrastructure across ASEAN.

MBSB Research said Malaysian government’s effort to reestablish the country’s positioning in the semiconductor global supply chain has started to yield results.

Malaysia’s electric vehicle (EV) market is approaching a key policy turning point, with the government expected to end completely built-up (CBU) import tax exemptions and the approved permit (AP) regime by year-end, an analyst said in its recent report.

Gobi Partners, a leading Asia-focused venture capital firm, has announced a strategic investment in NanoSkunkWorkX (nSWX), a Malaysian deep tech startup developing manufacturable graphene systems engineered for breakthrough performance in real-world conditions with applications across green hydrogen production, semiconductors, and diagnostics.

Bay Group Holdings Sdn Bhd (CapBay), a homegrown Malaysian supply chain financing provider and peer-to-peer (P2P) financing company, has teamed up with Olea Global Pte. Ltd. (Olea), a Singapore-based technology-driven trade and supply chain finance solutions provider, to offer cross border financing for Malaysian exporters.

The National IT Industry Promotion Agency of Korea (NIPA), in collaboration with the ASEAN Secretariat and Cradle Fund Sdn Bhd (Cradle) under Malaysia’s Ministry of Science, Technology and Innovation (MOSTI), is implementing the inaugural Korea-ASEAN AI Development & Startup Competition 2025.

Malaysia-based data center firm AIMS Data Center Sdn Bhd (AIMS) has completed its Cyberjaya Block 3 in the country ahead of schedule.

The Asia-Pacific Data Center Association (APDCA) has projected that the sector could generate approximately $34 billion in total economic output and support 30,900 jobs by 2030 — up from $1.4 billion and 4,400 jobs in 2024.

Maxis, a Malaysia-based integrated telco, announced Thursday that it has entered a partnership with Aduna, a landmark venture between some of the world's leading telecom operators and Ericsson, to drive the adoption of powerful, standardized network application programming interfaces (APIs) that will accelerate digital innovation for businesses.