Tagged: malaysia

May 17, 2026 @ 3:29 pm By Michael Wong  |  

Australia’s NEXTDC has opened a $720 million data center in Malaysia, betting on rising demand for AI infrastructure and cloud services in Southeast Asia as governments and companies race to expand digital capacity. The facility, known as KL1 Kuala Lumpur, marks NEXTDC’s first international expansion and comes… Read More

May 7, 2026 @ 10:05 pm By Omar Faridi  |  

Visa (NYSE: V) has rolled out its Agentic Ready initiative to issuers in Canada and Malaysia, marking another step in its global push to ready the payments industry for a future shaped by artificial intelligence. This program equips banks and partners with a secure testing… Read More

April 26, 2026 @ 10:01 am By Michael Wong  |  

Malaysia’s Ministry of Digital and Microsoft have launched Microsoft Elevate, a national artificial intelligence (AI) capacity-building initiative to strengthen the country’s AI talent pipeline as it seeks to become a regional AI hub. The program, aligned with Malaysia’s AI Nation 2030 ambitions, expands the country’s… Read More

April 7, 2026 @ 12:58 am By Tony Zerucha  |  

Airwallex, a global financial and payments platform, has received approval from Bank Negara Malaysia for its e-money issuing and Class A licences. With these licences, Airwallex can provide a complete suite of payment services in Malaysia. This empowers companies to expand and thrive across borders,… Read More

March 22, 2026 @ 10:31 pm By Michael Wong  |  

Grab Holdings’ revenue rose 20% in 2025 to a record $3.37 billion, as Southeast Asia’s biggest super app added users, lifted engagement across its platform, and kept incentives under tighter control, according to its annual report filed with the U.S. Securities and Exchange Commission and… Read More

March 15, 2026 @ 6:37 pm By Michael Wong  |  

Bursa Malaysia launched a public consultation on proposed rule changes to allow the listing and trading of digital currency exchange-traded funds, marking another step in Malaysia’s push to widen regulated access to digital assets through mainstream capital market products. The exchange said the proposed amendments… Read More

March 2, 2026 @ 8:34 pm By Michael Wong  |  

Southeast Asian governments have endorsed a Malaysia-led regional framework aimed at smoothing cross-border cloud computing and data hosting, as ASEAN steps up efforts to reduce regulatory frictions that have complicated regional digital trade and the scaling of data-driven services. Malaysia’s Ministry of Digital, working through… Read More

February 24, 2026 @ 1:20 am By Michael Wong  |  

Malaysia’s Ministry of Digital has activated the Government Innovation Initiative (GII), a national programme it says will push public-sector innovation from “concept” to measurable delivery as the country works toward its goal of becoming an “AI Nation” by 2030. In a statement, the ministry said… Read More

February 23, 2026 @ 11:41 pm By Michael Wong  |  

Malaysia’s Securities Commission has issued a practice note that lets licensed stockbrokers offer broking services for eligible digital assets under the country’s existing securities rulebook, opting against creating a separate licensing regime for crypto-related intermediation. The guidance applies to Capital Markets Services Licence (CMSL) holders… Read More

February 22, 2026 @ 1:14 am By Omar Faridi  |  

A recent development that has raised fresh concerns about integrity within Malaysia’s law enforcement. Authorities have taken 12 police officers into custody over allegations of orchestrating a brazen extortion scheme targeting Chinese nationals and their cryptocurrency holdings. The case, which unfolded in the affluent state… Read More

February 15, 2026 @ 1:11 am By Michael Wong  |  

Malaysia’s securities regulator has appointed LC Wakaful Digital Sdn Bhd (LCWD) as the first operator of a new “Social Exchange Platform”, a move aimed at bringing capital-markets-style governance and transparency to donation-based funding for social projects. The Securities Commission Malaysia (SC) said the appointment is… Read More

February 5, 2026 @ 3:35 am By Michael Wong  |  

Cross-border payments in Southeast Asia are shifting from pure remittances to “everyday” obligations, like social security contributions, where compliance and local rails are as important as speed. A new Malaysia–Philippines partnership is betting that overseas Filipinos will be an early driver of that interoperable-payments push…. Read More

January 11, 2026 @ 10:13 pm By Michael Wong  |  

Malaysia’s top anti-graft official has warned that the absence of clear laws governing online crowdfunding has opened the door to widespread abuse of public donations, as authorities probe alleged misuse linked to high-profile fundraising campaigns. Malaysian Anti-Corruption Commission (MACC) chief commissioner Azam Baki said irresponsible… Read More

January 5, 2026 @ 8:21 pm By Michael Wong  |  

Currenc Group Inc said it has agreed to sell its 60% stake in Malaysian cross-border payments hub Tranglo Sdn Bhd to New Margin Holding Limited for $400 million in cash, marking the first completed step in the Nasdaq-listed fintech firm’s broader restructuring and value-unlocking plan…. Read More

December 29, 2025 @ 10:20 pm By Michael Wong  |  

Malaysia drew 54.13 billion ringgit ($13.3 billion) in approved Malaysia Digital (MD) investments in the third quarter of 2025, projects expected to generate 21,815 high-value jobs across 402 digital companies, according to the Malaysia Digital Economy Corporation (MDEC). MDEC said the investment pipeline underscored sustained… Read More

December 28, 2025 @ 11:46 am By Michael Wong  |  

CIMB Group is laying the groundwork to issue tokenised bonds and Islamic sukuk in Malaysia, positioning itself early as regulators move to modernise capital markets through the use of distributed-ledger technology. The bank said it will develop tokenised financial services covering assets, settlement and payment… Read More

December 14, 2025 @ 12:37 pm By Michael Wong  |  

Capital A Berhad and Standard Chartered Bank Malaysia have signed a letter of intent to explore the development and testing of a ringgit-denominated stablecoin, joining a growing list of firms looking to build regulated digital-asset rails for payments and settlements. The project would be pursued… Read More

December 10, 2025 @ 6:18 am By Omar Faridi  |  

Aberdeen Investments marks its 20th year of business operations in Malaysia, reportedly completing two decades of steady growth and partnerships in this fast-evolving financial market. Since forming its Kuala Lumpur office back in 2005, Aberdeen has served a key role in contributing to Malaysia’s investment… Read More

December 10, 2025 @ 1:03 am By Michael Wong  |  

Malaysia will intensify efforts to enter new markets in Europe, Latin America and Africa to boost trade and strengthen its position as a competitive trading nation, Prime Minister Anwar Ibrahim said on Sunday, according to state news agency Bernama. Speaking at the closing ceremony of… Read More

October 23, 2025 @ 6:37 pm By Michael Wong  |  

South Africa-based Bitget Wallet launched the Bitget Wallet Card in selected Asia-Pacific markets, including Malaysia, expanding the crypto firm’s payments reach in a region it says is the world’s fastest-growing for digital assets. The self-custodial card connects users’ crypto balances to Mastercard’s network of more… Read More