Malaysia
Malaysians lose $2.8B to scams in a year as AI-powered scam on the rise
Malaysians lose $12.8 billion to scams in a year, equivalent to 3 percent of the nation's gross domestic product (GDP), as artificial intelligence (AI)-powered scams on the rise, a report said Thursday.
RHB sees Malaysia to become the largest data center hub in ASEAN
Malaysia is poised to become the largest data center hub in the region with about 4GW of inventories projected to come on stream over the next four to five years, RHB Research said Wednesday.
KLDX partners AsiaNext to drive cross border innovation and growth in digital asset markets
KLDX, a regulated digital assets platform in Malaysia for private markets and AsiaNext, a Singapore-based digital asset exchange for institutional investors, have on Monday announced a strategic memorandum of understanding (MOU) to collaborate on cross-border digital asset listings, liquidity sharing, and joint product development.
Oracle to invest $6.5B in AI and cloud computing in Malaysia
American multinational computer technology company Oracle has on Wednesday announced plans to invest more than $6.5 billion to open a public cloud region in Malaysia to meet the rapidly growing demand for artificial intelligence (AI) and cloud services in the country.
Securities Commission Malaysia unveils three initiatives to spur innovation
The Securities Commission Malaysia (SC) will introduce a regulatory sandbox and enhance its regulatory framework to encourage securities tokenization to help spur innovations in the capital market.
Malaysia plans National Cloud Policy, AI regulatory framework
Malaysian Prime Minister Anwar Ibrahim said Tuesday that the country plans to create a national cloud policy and artificial intelligence (AI) regulatory framework.
Malaysia’s DNeX partners Google Cloud to deliver next-generation sovereign cloud for Malaysia
Malaysia-based information technology (IT) and eServices firm Dagang NeXchange Berhad (DNeX) and Google Cloud have on Monday announced a multi-year agreement to deliver next-generation sovereign cloud services in Malaysia.
HeiTech Padu acquires 30% stake in Islamic payment firm Souqa Fintech for $3.94M
Malaysia-based technology firm HeiTech Padu has proposed to acquire 30 percent stake in Islamic payment firm Souqa Fintech for MYR 16.17 million ($3.94 million).
Bursa Malaysia reviews listing requirements in tandem with National Sustainability Reporting Framework
Following the launch of the National Sustainability Reporting Framework (NSRF) in Malaysia, Malaysian stock exchange said it is reviewing listing requirements in tandem with the framework.
Malaysian data center market to further expand on demand surge — CBRE
Malaysia offers vast land areas which are affordable, plenty of power and water resources, as well as greater connectivity for data center operation.
