Malaysia
Malaysia’s six GLICs commit to $26.92B domestic investment to boost growth in the next five years
Malaysia's six government-linked investment companies (GLICs) will commit to MYR 120 billion ($26.92 billion) domestic investment to boost economic growth in the country under the government-led program.
United States’ Enovix inaugurates its $1.2B high-volume manufacturing facility in Malaysia
Enovix Corporation, a global high-performance battery technology firm, has on Thursday announced the grand opening of its first high-volume manufacturing facility (Fab2) in Malaysia.
Germany’s Infineon opens the world’s largest SiC power fab in Kulim, Malaysia
Infineon Technologies AG, a Germany-based power systems and internet of things (IoT) firm, has on Thursday opened the world’s largest, resource-efficient 200-millimetre silicon carbide (SiC) power semiconductor fab in Kulim, Malaysia.
MYStartup launches Pre-Accelerator Cohort 4 with 30 promising startups
MYStartup, in collaboration with WatchTower and Friends, has on Wednesday announced the selection of 30 high-potential startups for the MYStartup Pre-Accelerator Cohort 4.
Moomoo Malaysia enhances global market access with Singapore Exchange (SGX) trading
Trading platform Moomoo Securities Malaysia Sdn. Bhd. (Moomoo Malaysia) has on Wednesday announced it is enhancing global market access for Malaysian investors with Singapore Exchange (SGX) trading.
Malaysia’s KWAP pledges to commit $4.45B to transition assets for sustainability goals
Malaysia-based retirement fund Kumpulan Wang Persaraan (Diperbadankan) (KWAP) is reinforcing its commitment to sustainable investment by pledging to increase its focus on transition assets to MYR 20 billion ($4.45 billion).
Malaysia Debt Ventures appoints Rizal Fauzi as its new CEO
Malaysia Debt Ventures Berhad (MDV), a government-owned entity, has on Tuesday announced the appointment of Rizal Fauzi as its new Chief Executive Officer (CEO), effective August 1, 2024.
Grab-led GXBank to invest $333M in Malaysia over the next five years
Grab-led GX Bank Berhad (GXBank) said Friday that it will invest MYR 1.5 billion ($333 million) into Malaysia over the next five years includes the establishment of the GX Untuk Semua initiative, further solidifying Malaysia’s position in the digital banking landscape.
WeChat Pay Malaysia to discontinue e-wallet service
Chinese payment firm WeChat Pay will discontinue its e-wallet service in Malaysia from September 1, 2024 due to business strategy adjustment.
Singapore’s M-DAQ Global acquires Malaysian payment firm Easy Pay Transfers
M-DAQ Global Pte. Ltd., a Singapore-headquartered fintech group, announced Wednesday that it has completed the acquisition of licensed business to business (B2B) payments service provider Easy Pay Transfers Sdn. Bhd.
