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Malaysias

Malaysia’s AI darling NationGate sees shares tumble after it got raided in a scrap metal smuggling probe

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Shares of NationGate Holdings, Nvidia’s only manufacturing partner in Southeast Asia, took a beating this week after the company disclosed a raid into one of its subsidiaries by Malaysian authorities. On Tuesday, Nationgate admitted that the Malaysian Anti-Corruption Commission (MACC) raided the premises of NationGate Solution, a wholly-owned subsidiary, as part of an ongoing investigation … Read more

Nvidia and the AI boom helps Malaysia’s Nationgate debut on the Southeast Asia 500 with a 720% revenue surge

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The Southeast Asia 500’s fastest growing company can thank the AI boom for its rapid rise. Generative AI has driven an investment surge into data centers, which provide the infrastructure for storing, processing and distributing data, key to running AI applications.  Malaysia has garnered a significant share of this investment, attracting multi-billion deals from the … Read more

Malaysia’s anti-corruption agency leverages blockchain and AI to fight fraud

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Malaysia will leverage Blockchain and Artificial Intelligence to tackle corruption and fraud in the digital age. Speaking at the 3rd International Conference on Technology, Humanities, and Management held in Maldives, Tan Sri Azam, chief commissioner of the Malaysian Anti-Corruption Commission, highlighted that technological advancements have introduced new challenges in combating crime, local media reported on … Read more

Malaysia’s Prime Minister Anwar Ibrahim Advocates For Expediting Crypto, Blockchain Policies

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Malaysia’s Prime Minister Anwar Ibrahim announced plans to develop comprehensive policies for cryptocurrency and blockchain technology on 14 January 2025.  Following his recent discussions with Binance co-founder Changpeng Zhao and leaders from the United Arab Emirates (UAE), Ibrahim is signaling the country’s intent to position itself as a key player in the global digital economy. … Read more

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