Malaysia

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).

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

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

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

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.