Malaysia

Malaysia Mandates Licensing for Social Media Giants: Facebook, X & TikTok

2 days ago

In a significant regulatory move, Malaysia has announced that major social media platforms including Facebook, X (formerly Twitter), and TikTok must obtain official licenses to operate within the country. This requirement marks a strategic shift in the Malaysian government’s approach to managing and overseeing the digital landscape, aiming to enhance accountability and ensure compliance with local laws.

Malaysian Lawmakers Greenlight Controversial Bill to Expand Internet Regulations

13 days ago

In a significant legislative move, Malaysian lawmakers have approved a bill aimed at broadening government control over the internet, a decision that has sparked a wave of criticism from various human rights groups and internet advocates. The bill, which has been under discussion for several months, was passed with a majority vote, showcasing the government's intent to enhance its regulatory power over digital platforms.

The US-China Tech War Sparks AI Growth in Southeast Asia: A Focus on Malaysia and Vietnam

15 days ago

As tensions escalate between the United States and China over technology supremacy, Southeast Asian nations, particularly Malaysia and Vietnam, are finding new opportunities for growth, primarily driven by advancements in artificial intelligence (AI). The ongoing rivalry has catalyzed investments and initiatives within these countries, positioning them as emerging players in the global tech landscape.

Malaysian Prime Minister Anwar Under Fire Over Controversial 5G Tender Award

1 month ago

In a significant political development, Malaysian Prime Minister Anwar Ibrahim is facing mounting scrutiny concerning the recent awarding of a 5G telecommunications tender. The controversy has raised questions about government transparency and the selection process, highlighting the ongoing tensions within the Malaysian political landscape.

Bumi Armada Considers Strategic Acquisition of MISC Offshore Energy Assets

1 month ago

In a significant move within the offshore energy sector, Bumi Armada Berhad is reportedly in discussions to acquire several offshore energy assets from Malaysia's MISC Berhad. This potential acquisition marks a notable shift in the competitive landscape of maritime energy services in the region and could reshape Bumi Armada's operational capabilities and market presence.

Bangladesh Seeks Malaysia's Help to Arrest Suspects in Major Money Laundering and Trafficking Case

2 months ago

In a significant development regarding a high-profile money laundering and human trafficking investigation, Bangladesh has formally requested the Malaysian government to detain two individuals believed to be involved in these illicit activities. The case highlights the ongoing collaboration and challenges faced by both nations as they combat crime that transcends borders.

AMD Reports Robust Expansion in Asian Markets, Spearheaded by India, Singapore, and Malaysia

2 months ago

Advanced Micro Devices (AMD), a leading semiconductor company, is witnessing substantial growth across key Asian markets, particularly in India, Singapore, and Malaysia. This surge is attributed to the increasing demand for high-performance computing solutions as businesses and consumers alike seek to enhance their technological capabilities.

Khazanah Nasional's Ambitious Initiative to Attract Fund Managers to Malaysia for Venture Capital Growth

2 months ago

In a bold move aimed at enhancing Malaysia's status as a hub for venture capital, Khazanah Nasional, the country's sovereign wealth fund, is actively seeking to attract international fund managers into the Malaysian market. This strategic initiative reflects Malaysia's ambition to cultivate a vibrant ecosystem for innovative startups and investment opportunities.

Oracle to Invest $6.5 Billion in Malaysia AI & Cloud Services Hub

3 months ago

Oracle Corp., a global technology powerhouse, is going to invest 6.5 billion dollars in Malaysia. In this respect, it plans to set up a state-of-the-art artificial intelligence hub and cloud services as part of the major facelift for Malaysia's tech infrastructure.