Malaysia

MIDA and MUFG Bank partner to drive Malaysia’s innovation economy

The Malaysian Investment Development Authority (MIDA) and global banking subsidiary MUFG Bank (Malaysia) Berhad announced last Thursday a ground-breaking partnership to accelerate high-value investments in Malaysia.

J&C Pacific partners with PayNet to revolutionize FMCG promotions via AI WhatsApp platform

J&C Pacific Sdn Bhd, a Malaysia-based artificial intelligence (AI)-driven retail marketing solutions firm, has entered into a strategic collaboration with Payments Network Malaysia Sdn Bhd (PayNet), the national payments network and the operator of the MyDebit scheme, to modernize the way fast-moving consumer goods (FMCG) campaigns are executed in…

Open DC unveils Penang’s first next-generation data center

As demand for high-performance computing and low latency connectivity intensifies, Open DC, a Malaysia-based data center solutions firm, has unveiled Penang’s first full-scale, next generation data center (PE2).

CIMB: US’s potential implementation of 100 percent tariff on semiconductors would be negative for Malaysia’s technology sector

The United States' potential implementation of a 100 percent tariff on semiconductors would be negative for Malaysia's technology sector, although there could be potential exemptions for certain multinational corporations (MNCs) that may renegotiate terms through strategic investment commitments in the US, a research house said Friday.

KAF Digital Bank receives Malaysia’s green light for public onboarding

KAF Digital Bank announced Thursday it has received regulatory approval from Bank Negara Malaysia (BNM) to officially onboard members of the public as customers, following the successful completion of its rigorous PERINTIS Phase.

Ant International’s WorldFirst gets approval to provide payment services in Malaysia

WorldFirst, the payment firm of Ant International, has secured approval to provide payment services in Malaysia.

BIMB foresees carbon tax to add $240M to Malaysian government coffer

BIMB Securities Research has foreseen carbon tax to add MYR 1 billion ($240 million) to the Malaysian government coffer.

Khazanah to support more than 100 Malaysian MTCs via Dana Impak

Khazanah Nasional Berhad via Dana Impak, is catalyzing efforts to support Malaysian Mid-Tier Companies (MTC) through a dual-track approach of capacity development and mobilizing growth capital via private credit and private equity strategies.

Analysts foresee Malaysia’s National AI Action Plan 2030 to spur AI adoption

Analysts have foreseen Malaysia's National AI Action Plan 2030 to spur the artificial intelligence (AI) adoption across the country.

Malaysia, Thailand ink ten MOUs for $47.28M potential digital exports

Malaysian tech companies and Thai partners have signed ten memorandums of understanding (MoUs) which are expected to generate over MYR 200 million ($47.28 million) in potential digital export opportunities for these local tech companies.