Malaysia U22 football team wins 2023 Merlion Cup after beating Hong Kong 2-1 in the final on March 26. The Cambodian SEA Games team finished third from the event by beating hosts Singapore 2-1.

Malaysia U-22 won both matches, beating Cambodia 4-2 in the semi-finals and beating Hong Kong 2-1 in the final. Winning both matches helped Malaysia win the 2023 Merlion Cup. Hong Kong came in second, while Cambodia came in third and hosts Singapore finished fourth in a four-team tournament.

Only 20 teams will compete in Merlion Cup 2023. This is the ninth season that the Merlion Trophy has taken place since the first game in 1982.
Since its inception in 1982, the Merlion Awards have been held annually until 1986 and have failed. In 1992, the event was repeated and missed again until 2009. After that year, the Merlion Trophy was suspended for a decade and resumed in 2019.

At the end of 2019, due to the Kovid-19 issue, this trophy was postponed until 2023, when the Cambodian U22 national team was present.