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Malaysia Must Move Beyond Low-Cost Model To Support Higher Wages -- Sim

GEORGE TOWN, June 18 (Bernama) -- Malaysia can no longer rely on low prices as a competitive advantage, as the low-cost business model also limits the ability of small and medium enterprises (SMEs) to offer higher wages, said Entrepreneur Development and Cooperatives Minister Steven Sim Chee Keong.

Countries Seeking To Develop AI Capabilities Need To Navigate Trusted Partner Networks, Says Expert

By Siti Radziah Hamzah

TASHKENT, June 18 (Bernama) -- Countries seeking to develop artificial intelligence (AI) capabilities will need to navigate new alliances, controls and trusted partner networks as the technology increasingly becomes a geopolitical issue, said an expert today.

Malaysia, Turkmenistan To Exchange Several Key Documents During PM Anwar's Official Visit  

From Sharifah Hunaini Syed Ismail

ASHGABAT (TURKMENISTAN), June 18 (Bernama) -- Malaysia and Turkmenistan are expected to exchange several key documents especially in the field of oil and gas during the official visit by Prime Minister Datuk Seri Anwar Ibrahim to Turkmenistan starting today.

Buying In Consumer Stocks Helps Bursa Malaysia Close Slightly Higher

By Siti Noor Afera Abu

KUALA LUMPUR, June 18 (Bernama) -- Bursa Malaysia’s key index finished marginally higher, supported by strong buying interest in consumer-related counters, amid mixed performance across regional markets.

Fortegra Appoints Anthony Katz As SVP, Reserving To Lead Actuarial Team

KUALA LUMPUR, June 18 (Bernama) -- The Fortegra Group Inc, a global speciality insurer, has appointed Anthony Katz as senior vice president (SVP), reserving, strengthening the speciality insurer’s actuarial leadership as it expands its reserving and reporting capabilities.

Univar Solutions Expands EMEA Distribution Pact With American Distilling 

KUALA LUMPUR, June 18 (Bernama) -- Univar Solutions B.V., a subsidiary of Univar Solutions LLC (Univar Solutions), has expanded its distribution partnership with American Distilling to supply a broader range of natural speciality ingredients across select Europe, Middle East and Africa (EMEA) markets through its Ingredients + Specialties division.

SRKK AI Aims To Raise RM20.48 Mln From IPO For Strategic Growth Initiatives In AI

KUALA LUMPUR, June 18 (Bernama) -- SRKK AI Bhd aims to raise RM20.48 million in proceeds from its Initial Public Offering (IPO) on the ACE Market of Bursa Malaysia Securities Bhd, primarily for strategic growth initiatives in Artificial Intelligence (AI).

MR D.I.Y. Thailand Earns Spot In Key Set Benchmark Indices

By Kenny Teng

BANGKOK, June 18 (Bernama) -- Thailand’s leading home improvement and lifestyle retailer, MR D.I.Y. Holding (Thailand) Public Company Limited (MRDIYT), has been selected for inclusion in three key indices of the Stock Exchange of Thailand (SET), underscoring growing investor confidence in the company’s business fundamentals and market position.

inDrive Malaysia Records Over 1.2 Mln Rides In May 2026

KUALA LUMPUR, June 18 (Bernama) -- E-hailing services platform, inDrive Malaysia, has recorded more than 1.2 million completed rides in May 2026, marking its highest monthly ride volume to date.

Capital Market Can Bridge SME Financing Gap For R&D, Expansion -- Bursa Malaysia

GEORGE TOWN, June 18 (Bernama) -- Small and medium enterprises (SMEs) should consider tapping the capital market to finance research and development (R&D) and business expansion that may not be fully supported through conventional bank financing, said Bursa Malaysia Bhd.

SunCon’s Johor Data Centre Substation Contract Value Rises To RM865.6 Mln

KUALA LUMPUR, June 18 (Bernama) -- Sunway Construction Group Bhd’s wholly-owned subsidiary, Sunway Construction Sdn Bhd, has accepted change orders to the Project Services Requests for the construction and completion of substations for two data centre projects in Johor.

Rubicon Carbon Opens Singapore Office To Scale Asia Carbon Markets

KUALA LUMPUR, June 18 (Bernama) -- Rubicon Carbon, a carbon credit investment and management firm, has opened a regional office in Singapore as it expands its presence in Asia and seeks to support the development of high-integrity carbon markets across the region.