Malaysia

Malaysia’s tokenized asset market could reach $43B by 2030

Malaysia’s tokenized asset market could reach $43 billion by 2030, spanning regulated products such as unit trusts, bonds and sukuk, a whitepaper showed Wednesday.

Adyen Retail Report: 58 percent of Malaysians now use AI to shop, surpassing global average

Malaysian shoppers are increasingly embracing artificial intelligence (AI), with 58 percent saying they use it to enhance how they shop, a report showed Wednesday.

Malaysia, Indonesia and Thailand expand local currency transaction framework

Bank Negara Malaysia (BNM), Bank Indonesia (BI) and the Bank of Thailand (BOT) have announced the appointment of additional qualified commercial banks to operationalize the Local Currency Transaction Framework (LCTF).

S P Setia partners Antler Ibex to launch Southeast Asia-vide AI & PropTech Challenge under Malaysia’s government initiative

Malaysia's property firm S P Setia Berhad has partnered with Antler Ibex, the corporate innovation arm of the early-stage investor Antler to launch of the Setia Al & PropTech Innovation Challenge.

SUNRATE secures Money Services Business license in Malaysia

SUNRATE, the Singapore-based payment and treasury management platform, announced Wednesday that the company has been awarded Approval-in-Principle (AIP) by the Bank Negara Malaysia (BNM) for a Money Services Business (MSB) license.

UPM and DNB partner to launch Malaysia’s first 5G-enabled AI Sandbox campus

Universiti Putra Malaysia (UPM) and Digital Nasional Berhad (DNB) have on Monday signed a memorandum of understanding (MoU) to establish Malaysia’s first 5G-powered unmanned aerial system sandbox for Beyond Visual Line of Sight (BVLOS) operations.

Maybank forges $240M strategic partnership with Microsoft to accelerate digital transformation, AI-driven innovation

Malayan Banking Bhd (Maybank), Malaysia’s largest financial services group, has entered into a MYR 1 billion ($240 million) strategic partnership with global technology firm Microsoft, to accelerate its digital transformation journey and reinforce its commitment in enhancing customer experience.

Gentari and AWS ink 80MW wind energy deal in India to accelerate net zero goals

Malaysian clean energy solutions provider Gentari and Amazon Web Services (AWS) have signed a power purchase agreement (PPA) for an 80MW wind power project in Tamil Nadu, India.

Malaysia’s digital leaders unite to accelerate Penang’s digital transformation at PDES 2025

On the theme Collaborate on Opportunities, Shape the Future, Lazada, the PDES 2025 Platinum Partner, will lead hands-on workshop and showcasing products under the Lazada platform, while a wider roster of solutions including 5G solution, AI, fintech, digital game, greentech, and others will also be featured in the exhibition space. The summit also hosts six…

PayNet joins FinTechAI@CSAIL to boost AI-driven financial innovation

Payments Network Malaysia Sdn Bhd (PayNet), Malaysia’s national payments network, has become the sole Malaysian founding member of the MIT CSAIL research initiative, FinTechAI@CSAIL, further reinforcing its leadership in artificial intelligence (AI)-driven financial innovation.