Malaysia

Malaysia's digital economy is poised to reach $31 billion in gross merchandise value (GMV) in 2024, an increase of 16% from 2023 according to the latest e-Conomy SEA 2024 report by Google, Temasek, and Bain & Company.

Global commerce technology company Shopify Inc. and Malaysian logistics and technology solutions provider GDEX Berhad (GDEX) are teaming up to help Malaysian retail businesses enhance their online commerce experience and expand market reach.

Animoca Brands' subsidiary Mocaverse has partnered with South Korea's information and communications technology platform SK Planet to co-develop Web3-enabled experiences with Realm SDK and MOCA Coin.

Malaysian green technologies solution provider Yinson GreenTech has unveiled the region's first fully electric hydrofoil vessel, the Hydroglyder, in Singapore.

Malaysia's state-owned oil and gas firm Petroliam Nasional Berhad (Petronas), alongside Southeast Asia’s other leading energy companies, have called for progressive approach to methane emissions reduction.

Malaysian clean energy company Gentari has inked a deal with automaker Perodua for electric vehicle (EV) charging facilities.

Malaysia’s information communication and technology (ICT) service provider Theta Edge has teamed up with local data-science company iStream360 to develop, promote, and market transformative artificial intelligence (A.I), blockchain, and advanced system solutions.

Cradle Fund Sdn Bhd (Cradle), the focal agency for Malaysia’s startup ecosystem, has partnered with Kapital DX Sdn Bhd (KLDX), a local digital securities exchange platform, to provide Malaysian startups with an alternative avenue for fundraising.

Singapore-based digital bank GXS Group announced Wednesday that it is on track to launch its business banking solutions in the first quarter of 2025, after launching its retail banking services successfully.

With a unified carbon market framework and strategic partnerships, the ASEAN collaboration is set to unlock carbon project opportunities that are unique to the region and simultaneously send a stronger demand signal to the world.