Malaysia

Malaysia approves 12 data center projects worth $20.9B greenlit from 2021 to June 2024 – report

The Malaysian Investment Development Board has approved 12 data center investment projects that include data center activities, cloud computing and data hosting with an investment of MYR90.2 billion ($20.9 billion) over the period from 2021 to June 30, 2024, national news agency Bernama reported. The Ministry of Investment, Trade and Industry announced that…

Moody’s : Temasek and PIF will maintain advantage in intrinsic credit strength among rated peers

Singapore's state-owned fund Temasek Holdings Limited and Saudi Arabia's sovereign wealth fund Public Investment Fund (PIF) will maintain advantage in intrinsic credit strength among rated peers, Moody's Ratings said Thursday.

AirAsia MOVE adds Myanmar Airways International as its latest direct airline partner

AirAsia MOVE (formerly known as airasia Superapp), the Malaysia-based online travel agency (OTA) platform, has added Myanmar Airways International (MAI) as its latest direct airline partner, enhancing its flight offerings.

Securities Commission Malaysia partners Khazanah to catalyze mid-tier companies access to the capital market

The Securities Commission Malaysia (SC) has on Thursday signed a memorandum of understanding (MoU) with Khazanah Nasional Berhad (Khazanah) via Dana Impak Fund to increase access to funding and familiarize the capital markets for Malaysian mid-tier companies (MTC) to further catalyze their growth and expansion.

Malaysia’s AIZO partners Netrunner to develop data centers park in Sarawak

Malaysia-listed engineering services company AIZO Group Berhad (formerly known as Minetech Resources Berhad), has inked a memorandum of understanding (MoU) with energy firm Netrunner Sdn. Bhd. to explore the development of a Tier 4 Data Centers Park in Sarawak, the East of Malaysia.

Moomoo Malaysia expands access to HKEX & China A-shares as investors appetite for Chinese assets doubles

This expansion allows Malaysian investors to access some of the world’s most vibrant financial markets, at a time when Asia continues to solidify its position as a key driver of global economic growth.

Bintang Capital Partners launches $46.56M gender lens Semiconductor Impact Fund

Bintang Capital Partners Berhad (Bintang), a Malaysia-based private equity firm, has on Wednesday announced the launch of gender lens Semiconductor Impact Fund (BSIF I).

AirAsia X shareholders back acquisition of Capital A’s aviation business

Malaysia-based low cost carrier AirAsia X (AAX) announced that its shareholders expressed strong support for the proposed acquisition of Capital A’s entire equity interest in the aviation business within AirAsia Aviation Group Limited (AAAGL) and AirAsia Berhad (AAB) for MYR 6.8 billion ($1.58 billion), during the extraordinary general meeting (EGM) held on…

MOSTI announces seven local startups as winners of MYHACKATHON 2024 Cohort 1

The Ministry of Science, Technology and Innovation (MOSTI) of Malaysia and its agency, Cradle Fund Sdn. Bhd. (Cradle), have announced the list of seven winners for the MYHackathon 2024 Cohort 1 program.

Malaysia’s online crime cases increase 35.5 pct in 2023 with e-commerce crime accounts for 33.2 percent

Malaysia's online crime cases increased 35.5 percent year on year to 34,532 cases in 2023 from 25,479 cases in the previous year, with e-commerce crime accounted for 33.2 per cent, official data showed Wednesday.