Malaysia

UBS sees Malaysia’s green technology, data center as sectors of interest for foreign investors

Malaysia's green technology and data center are some of the sectors of interest for foreign investors, UBS said in its recent note.

Khazanah Nasional to launch initiatives to advance Malaysia’s venture capital ecosystem

Malaysia's sovereign wealth fund Khazanah Nasional Berhad (Khazanah) will launch the Emerging Fund Managers’ Program (EMP) and the Regional Fund Managers’ Initiative (RMI) under the National Fund-of-Funds (NFOF) to boost the country's venture capital ecosystem.

Malaysia EV market slows amid consumer worries over charging docks & high maintenance costs

The Malaysian car market, which is traditionally dominated by petrol vehicles, is now witnessing a gradual shift in interest towards EVs – with 25 percent of Malaysians being interested in buying an EV, driven by rising fuel costs and environmental considerations.

Malaysia Retail Chain Association collaborates with Maxis to drive 5G technology adoption in the retail sector

Malaysia Retail Chain Association (MRCA), a 562-member organization representing Malaysian retailers and Maxis, a Malaysia-based integrated telco, have signed a memorandum of understanding (MoU) to drive the adoption of 5G technology solutions in bolstering the domestic retail sector.

Shareholders greenlight Capital A’s aviation business disposal to AirAsia X

Malaysia-based Capital A Berhad announced Monday that shareholders have voted in favor of the proposed disposal of the group’s aviation business to AirAsia X (AAX) at an extraordinary general meeting (EGM).

UOB Malaysia pledges $230M to support Malaysia’s OGSE sector decarbonization and energy transition

UOB Malaysia has on Monday announced that it will provide MYR 1 billion ($230 million) to support Malaysia's oil and gas services and equipment (OGSE) sector decarbonization and energy transition journey.

Petronas Twin Towers in Kuala Lumpur, Malaysia

MIDA inks seven green deals to boost green investment in Malaysia

Malaysian Investment Development Authority (MIDA) has announced seven green deals at the International Greentech & Eco Products Exhibition and Conference Malaysia (IGEM) 2024 last week to boost green investment in Malaysia.

MYStartup launches Pre-Accelerator Cohort 5 to support early-stage startups

MYStartup, in collaboration with the Malaysian startup accelerator WatchTower and Friends (WTF), has announced the launch of the MYStartup Pre-Accelerator Cohort 5, aimed at discovering and nurturing promising early-stage startups across the nation.

Malaysia is not ready for an AI tax, says tech veteran

Malaysia is not ready for an Artificial Intelligence (AI) tax as the integration of AI into Malaysian industries is still in its early stages, a tech veteran said last Friday.

Malaysia’s Gamuda launches AI Academy

Malaysian engineering, property and infrastructure company Gamuda Berhad has announced the launch of Gamuda Al Academy, an initiative aims to cultivate the next generation of Generative Al (artificial intelligence) talents for Malaysia, utilizing the power of Google Cloud's cutting-edge products.