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AI Boom Opens Growth Avenues For Penang SMEs - MSIA

GEORGE TOWN, June 18 (Bernama) -- The artificial intelligence (AI) boom is opening significant growth opportunities for Penang’s small and medium enterprises (SMEs), particularly those supporting the semiconductor value chain, according to the Malaysia Semiconductor Industry Association (MSIA).

Malaysia Needs Robust Legal, Regulatory Framework For Nuclear Power - World Nuclear Association

From Siti Radziah Hamzah

TASHKENT, June 18 (Bernama) -- Malaysia would need to establish a robust legal and regulatory framework, as well as develop a skilled workforce, before nuclear power can become a realistic option in the country's long-term energy mix, according to World Nuclear Association (WNA) Director General Dr Sama Bilbao y Leon.

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.

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.

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).

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.

Port Klang's Container Throughput Rises To 6.38 Mln TEUs In Jan-May 2026

SHAH ALAM, June 18 (Bernama) -- Port Klang’s container throughput rose by 5.4 per cent year-on-year (y-o-y) to 6.38 million twenty-foot equivalent units (TEUs) in the January-May 2026 period, compared with 6.05 million TEUs in the corresponding period last year.

PKFZ Records RM108 Mln Revenue As 'Reactivation' Hits 86 Pct

PULAU INDAH, June 18 (Bernama) -- The Port Klang Free Zone (PKFZ), now 86 per cent “reactivated” after nearly two decades of underutilisation, has generated RM108 million in revenue.

Malaysia Expected To Maintain Strong Trade Momentum For The Months Ahead - Sim

KUALA LUMPUR, June 18 (Bernama) -- Malaysia is expected to maintain strong trade momentum in the coming months after recording the best trade performance in the country’s history for the first four months of 2026 despite facing global geopolitical uncertainties and supply chain disruptions, said Deputy Investment, Trade and Industry Minister Sim Tze Tzin.

TA Associates Invests In AIRS Medical For Global Expansion

KUALA LUMPUR, June 18 (Bernama) -- TA Associates (TA), a leading global private equity firm, has made a strategic growth investment in AIRS Medical, a global leader in artificial intelligence (AI)-powered medical imaging solutions.

Extreme Weather, Natural Disasters Top Construction Risks Over Next Five Years -- Zurich

KUALA LUMPUR, June 18 (Bernama) -- Zurich Insurance Group has identified extreme weather and natural disasters as the most severe risks facing the construction sector over the next five years, assigning a score of 6.2 out of seven on its risk severity scale.