Malaysia’s tech news headlines
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Asia’s Tech News, Weekly
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Critical technologies, globally
- Malaysia: Rural & Regional Dev Ministry intro’s Smart Village concept to boost potential and capabilities of rural communities with technology, targeting economic development / full item
- Malaysia’s Entomal Biotech takes overall win at the Asian Entrepreneurship Award 2024 in Japan, with New Zealand’s Formus taking 2nd place / full item
- Malaysia: Putrajaya is planning to develop its own Malay large language model for use by generative artificial intelligence / full item
- Malaysia: Gov’t is considering small modular reactors as a power source, seeing SMRs as a small, safe, and more cost-effective energy option into the future / full item
- Malaysia: Plug In startup conference is set for Petaling Jaya in Kuala Lumpur, December 2nd – panels & spotlights, pitches, exhibitions & networking / full item
Malaysia: “Johor, the southern state which borders Singapore, has drawn about 50 data center projects in the last three years, including from ByteDance and Microsoft.” / full item
- Malaysia: Labuan Financial Services Authority launches Shariah-compliant blockchain plan, and tax incentives, looking for the island territory to become a leading digital financial hub / full item
- 5 Project Nexus central banks to establish Nexus Scheme Org’n managing entity for live implementations of the BIS cross-border initiative to interlink realtime payment rails / full item
- Malaysia’s second 5G network contract has been awarded to the country’s smallest operator, U Mobile, in surprise move, beating market leaders CelcomDigi and Maxis / full item
Southeast Asia’s data center growth: “The headline story will be the increasing importance of the SJB [Singapore-Johor-Batam] corridor…” / full item
- Singapore’s Nium payments platform and JP Morgan’s Kinexys boost collaboration on data supply to validate bank accounts in int’l payments to Malaysia, Thailand and Hong Kong / full item
- Instant payments are rapidly replacing cash in developing markets… In India, the share is expected to decline from 23% of consumer spending to less than 10% by 2028. / full item