CIMB

Malaysia-based CIMB Bank Berhad has signed a letter of intent (LOI) with China CITIC Bank Corporation Limited to strengthen financial connectivity between China and ASEAN, particularly in Malaysia and Indonesia, by facilitating bilateral trade, cross-border financing and investment flows across the region.

Malaysia-based lender CIMB Bank Berhad has recently signed a letter of intent (LOI) with China Merchants Bank Co., to establish a comprehensive framework that will leverage the strengths of both banks for a wide range of cross-border client solutions.

ZTE Corporation, a China-based information and communication technology solutions provider, has entered into a memorandum of understanding (MoU) with CIMB Bank Berhad (CIMB), to establish a strategic cooperation framework aimed at supporting digital infrastructure development across ASEAN.

Given the breakthroughs in clean energy and green infrastructure, CIMB Securities firmly believes that the pipeline of data center jobs remains intact in Malaysia, which is on track to become ASEAN’s largest sustainable data center hub.

CIMB Securities said Tuesday it believes the ongoing conflict in the Middle East will have minimal direct impact on the regional tech sector given the region’s limited semiconductor manufacturing footprint.

Tala, the global financial infrastructure company, announced Wednesday a $100 million partnership deal with Malaysia-based bank CIMB to accelerate its launch in the fast-growing Vietnam market.

Malaysia-based lender CIMB Group Holdings Berhad has announced its commitment to develop tokenized financial services spanning tokenized assets, tokenized settlement and next-generation payment rails, supporting Malaysia’s national agenda to broaden adoption of tokenization across the financial ecosystem.

The Malaysian Investment Development Authority (MIDA) and CIMB Bank Berhad have formalized a strategic partnership through a memorandum of understanding (MoU) to accelerate high value, sustainable investments, deepen industrial ecosystems, and enhance Malaysia’s competitiveness.

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.

Malaysian lender CIMB Bank Berhad has signed a memorandum of understanding (MOU) with Remedi Innovations Sdn. Bhd. to co-develop digital health and wellness solutions for health tech small and medium enterprises (SMEs) in Malaysia.