Malaysia

SoftBank’s Son plans $50B Malaysia tech outlay, says PM Anwar – report

Prime Minister Anwar Ibrahim said he had a videoconference with Son last Tuesday, during which the Japanese tech investor said he had picked regions in the country for projects including data centers.

Singapore, Malaysia, Thailand central banks join BLOOM to advance cross-border digital money settlement

The Monetary Authority of Singapore (MAS) said Bank Negara Malaysia (BNM) and the Bank of Thailand (BOT) have joined its BLOOM initiative as policymaker members.

Malaysia asset management UEM Edgenta launches Young Entrepreneurship Program with 6 vendors

UEM Edgenta Berhad, a Malaysian asset management and infrastructure solutions company owned by UEM Group, has launched its first Young Entrepreneurship Program (YEP) for six young business owners in its vendor network.

Malaysia’s digital wealth platform Cashku adds Muamalat Invest Shariah funds

Cashku, a Malaysian digital wealth platform that describes itself as AI-native, has partnered with fund management Muamalat Invest to widen its range of Shariah-compliant investment products.

Malaysia’s Budget 2027 maintains gradual fiscal consolidation – Fitch Ratings

Malaysia’s 2027 budget maintains a gradual reduction in the fiscal deficit despite elevated subsidy and social-support spending, with a general election due by February 2028. The deficit target of 3.3 percent of GDP, from a slightly upward revised 3.6 percent in 2026, preserves the government’s medium-term consolidation path, Fitch Ratings said.

Thailand-based Salary Hero raises $7.6M, enters Malaysia market

Salary Hero, a Bangkok-based financial health platform, has raised $7.6 million in Series A equity funding.

Singapore DayOne Data Centers secures $3.7B financing package from 7 lenders

A group of seven banks has arranged an expanded multi-currency financing package of MYR15 billion ($3.7 billion), for DayOne Data Centers, a Singapore-headquartered digital infrastructure company.

Singapore-based Bitdeer AI adds 60MW Malaysia facility, lifting secured AI capacity to 333.5MW

Bitdeer Technologies Group, a Singapore-headquartered technology company for AI and Bitcoin mining infrastructure, has signed an eight-year data center services agreement for a 60-MW facility in Malaysia.

Malaysia’s RewardinMe enters Myanmar, onboards major fintech player to gamified marketing platform

The expansion, made through a partnership with Thailand-based market-access and B2B consultancy RevSEA, kicked off last month with the launch of an 18-month gamified marketing campaign for one of Myanmar’s largest e-wallet providers.

[Malaysia Budget 2027] Khazanah’s Jelawang Capital, KWAP’s Dana Perintis to invest $110M in startups

According to Anwar, Malaysia's economy is projected to expand by a commendable 4.2 percent to 5.2 percent in 2027. Growth in 2026 is projected at between 4.8 percent and 5.3 percent.