There is now finally a Malaysian CTAN mirror server at ftp://mirror.upm.edu.my/ctan/! Oh joy oh joy! Hopefully now all downloads and updates will be a breeze (M'sian network latency being what it is :p) (oh ye of little faith liantze, baaad girl!)
It's already showed up in MikTeX's mirror list. For TeXLive users, just point your repository to ftp://mirror.upm.edu.my/ctan/systems/texlive/tlnet/.