malaysia

The tech giant plans to open a cloud region to help boost the country’s digital economy, where the government wants to enhance its AI capabilities and to create 3,000 smart factories by 2030.

PE firm Affinity Equity Partners has sold its 78% stake in the Penang-based private hospital, as medical tourism booms in Malaysia.

The deal was the first public Tier 2 sukuk transaction in the Malaysian market issued by a foreign-owned bank.

The German bank is targeting clients, including fund managers, who want Shariah custody as regional demand grows and cross-border Asean capital flows increase.

Malaysia’s Joint Committee on Climate Change (JC3) met last month to outline five initiatives to expedite the market’s transition to net zero. FA spoke to experts to assess the regulatory environment that Malaysia is working to cultivate, in support of climate-conscious investment.

Vikram Singh takes on the senior leadership post, drawing on over two decades of experience with the bank in India, the Philippines and Singapore.

The bank forges ahead with its strategic divestiture from consumer banking in 14 markets.

The rationale for the winners in Malaysia, Mongolia, Myanmar, Pakistan and the Philippines.

GrabPay’s has begun rolling back subsidies for merchants, suggesting that breakeven for the division may be closer than investors expect.