Malaysia

Bank Negara Malaysia (BNM) and Malaysia International Islamic Financial Center (MIFC) Leadership Council have teamed up to launch Global Impact Challenge 2025 to call for impact-driven financial solutions with propositions to strengthen social resilience and address climate challenges.

Boost, a Malaysia-based fintech player, announced Thursday strategic leadership movements, reflecting its commitment to nurturing internal talent and driving continued growth across its digital financial services ecosystem.

U Mobile, Malaysia’s Next Gen 5G network provider, has signed a memorandum of understanding (MoU) with Melaka ICT Holdings Sdn Bhd (MICTH), the state-backed company of Melaka, to accelerate the deployment of its Next Gen 5G network in the state of Melaka.

Hong Leong Investment Bank Research has foreseen the data center (DC) growth narrative in Malaysia remains firmly in place in the second half, serving as a strong growth driver for renewable energy (RE) adoption and construction investments in the country.

HSBC Malaysia said Wednesday that it has recently provided its first asset based lending (ABL) facility of $15 million, to Carsome Certified Sdn Bhd to finance the purchase of refurbished vehicles that would be sold to retail customers.

TNG Digital Sdn. Bhd., Malaysia's largest integrated fintech player, has partnered with Kakitangan.com, a human resource solutions provider, to offer businesses a smarter and more inclusive way to disburse salaries, especially to unbanked and underserved workers.

MIDF Research said Tuesday that Malaysia's curbs on US-origin artificial intelligence (AI) chips unlikely to affect data center investments in the country.

Malaysia-based Capital A has entered into a memorandum of understanding (MOU) with Malaysia's national railway firm Keretapi Tanah Melayu Berhad (KTMB) to formalize their mutual intention to establish a framework for co-operation and collaboration.

Kumpulan Modal Perdana (KMP), a technology-focused venture capital firm under the purview of the Ministry of Science, Technology and Innovation (MOSTI), has entered into a strategic partnership with global social innovation company Edvance to build future-ready workforce in Malaysia.

Analysts have remained cautious on Malaysia's technology sector outlook, as they believe the sector's earnings revisions are still skewed to the downside amid several headwinds.