Axiata Plans to be Operating a Digital Bank by 2021

Axiata Plans to be Operating a Digital Bank by 2021

Axiata Group Bhd, one of Malaysia’s leading telecommunications groups has revealed that the company is in talks with 11 parties on possible partnerships to set up Malaysia’s maiden digital banking service. Axiata expects to establish a virtual bank by the second...
Malaysia Relaxes Rules for Foreign Grocery Retail Operators

Malaysia Relaxes Rules for Foreign Grocery Retail Operators

Malaysia has relaxed the rules governing foreign operators of large-format grocery stores, following a recent revision on the Guidelines on Foreign Participation in the Distributive Trade Services 2020 that took place in January 2020. Large-format grocery stores in...
US-based Advanced Energy Starts Manufacturing Operations in Penang

US-based Advanced Energy Starts Manufacturing Operations in Penang

Advanced Energy Industries, a US-based global leader in the design and Manufacturing of power conversion, measurement and control solutions has started the commercial operations of its newest  Manufacturing facility in Penang state, Malaysia. The 178,000 square-foot...
Nextgreen Extends MoU with Japanese Firms to Explore Green Technology

Nextgreen Extends MoU with Japanese Firms to Explore Green Technology

Nextgreen Global Bhd, one of the leading printing companies in Malaysia has decided to extend a Memorandum of Understanding (MoU) initially signed in November 2018 with Japanese IHI Corp and Nomura Holdings Inc for another year. The MoU aims to explore collaboration...