Malaysia

Maybank foresees higher revenue and EBITDA y-o-y growth for Sea in the second quarter

Maybank Investment Bank expects Singapore-based Sea's revenues and adjusted earnings before interest, taxes, depreciation and amortization (EBITDA) to grow 31 percent and 79 percent, respectively year on year in the second quarter.

Mastercard: 99 percent of Malaysians are likely to use emerging digital payment methods in the next year

Digital payments adoption is fast gaining traction locally as Malaysians adopt innovative payment options and leapfrog into mobile-first ecosystems, a new research by Mastercard showed Tuesday.

Malaysia’s Ryt Bank selects Provenir for AI risk decisioning

Provenir, a global artificial intelligence (AI) risk decisioning software firm, announced Tuesday it has partnered with Ryt Bank, a Malaysia-based AI-powered bank, to support the bank’s mission of delivering fast, simple, and innovative banking services.

Capital Markets Malaysia expands simplified ESG disclosure guide with GHG emission calculator for SMEs

Capital Markets Malaysia (CMM), an affiliate of the Securities Commission Malaysia (SC), has on Tuesday launched the Simplified ESG Disclosure Guide (SEDG) greenhouse gas (GHG) emissions calculator for Small and medium enterprise (SMEs).

Bursa Carbon Exchange, UEM Lestra collaborate to pilot Malaysia’s first CRESS auction

Bursa Carbon Exchange (BCX), a wholly-owned subsidiary of Bursa Malaysia Berhad, has on Tuesday entered into a memorandum of collaboration (MoC) with UEM Lestra Bhd, a whollyowned subsidiary of UEM Group Berhad, to pilot Malaysia’s first Bilateral Energy Supply Contract (BESC) auction under the Corporate Renewable Energy Supply Scheme (CRESS).

MyCIF surpasses $240M co-investment mark, driving MSME growth in Malaysia

The Malaysia Co-Investment Fund (MyCIF) has exceeded MYR 1 billion ($240 million) in total co-investments since its inception, a major a milestone in supporting the growth of micro, small, and medium enterprises (MSMEs) in the country, official data showed Monday.

GXBank announces Finory.tech as winner of inaugural TeXnovasi program

GXBank Berhad and Grab Malaysia have concluded their first joint startup accelerator program TeXnovasi which saw Finory.tech as the winner.

Malaysia launches Cradle Innovation Advisory to accelerate technological transformation among corporates

Cradle Fund Sdn Bhd (Cradle), the focal agency under the Ministry of Science, Technology and Innovation (MOSTI), announced last Friday the launch of Cradle Innovation Advisory, a strategic partnership initiative to accelerate technological transformation among corporates, and small and medium-sized enterprises (SMEs) in Malaysia.

Foodpanda partners Heydoc Health to launch Malaysia’s first outpatient care for gig workers pilot program

Foodpanda Malaysia and digital health partner Heydoc Health have teamed up to launch Malaysia’s first outpatient care for gig workers pilot program.

Malaysia approves 181.25MW RE projects valued $440M under FiT program

Malaysia has approved 181.25MW renewable energy (RE) projects valued MYR 1.87 billion ($440 million) under the Feed-in Tariff (FiT) mechanism.