Malaysia

Carousell Malaysia, under Singapore-based recommerce platform Carousell, has added SPX Express as a delivery option on its marketplace, giving sellers label-free parcel drop-off at more than 1,000 SPX service points across West Malaysia.

Tencent Cloud, the cloud unit of Chinese technology giant Tencent, will establish its first cloud region in Malaysia, comprising up to three availability zones in Johor, and will work with a local university to train more than 1,000 people in AI and cloud skills.

Zeekr, the premium electric-vehicle brand of China's Geely Holding Group, said its Malaysian unit has extended a discounted direct-current fast-charging rate of MYR1.20 ($0.29) per kilowatt-hour to all DC Handal charging stations nationwide, having previously offered it only at selected locations.

Malaysia remained Grab's biggest revenue source in the first half of 2026, generating $622 million as the Singapore-based superapp's total revenue climbed 23 percent year-over-year to $1.95 billion.

NXP Semiconductors, a Dutch chipmaker, broke ground on a new assembly and test factory expansion in Petaling Jaya, Malaysia, expecting to more than double the facility's output once fully operational.

ST Telemedia Global Data Centres (STT GDC), a Singapore-based data center operator, has secured a green financing facility of up to $1.37 billion to fund the development of STT Johor, its data center campus in Johor, Malaysia.

Malaysian mobile operator U Mobile has entered a strategic collaboration with OpenAI to integrate artificial intelligence (AI) across its operations, also OpenAI's first collaboration with a telecommunications provider in Malaysia.

Singapore's Energy Market Authority (EMA) has granted conditional approvals to two companies to import a combined 900 MW of electricity from Peninsular Malaysia to Singapore, generated from solar and battery energy storage systems (BESS) in Malaysia's Johor.

As many as 85 percent of affluent and high-net-worth investors in Malaysia use AI tools for finance and investment, ranking the country third among ten markets surveyed, according to HSBC.

Bettr, the embedded finance platform under Singapore's Ant International, has partnered with Muslim Pro, an Islamic lifestyle app with more than 190 million downloads across more than 190 markets, to launch an Umrah financing solution in Malaysia for eligible Muslim users planning the pilgrimage.