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KUSKOP Channels RM5 Bln Financing, Benefiting 185,000 Entrepreneurs - Sim

GEORGE TOWN, June 18 (Bernama) --  The Ministry of Entrepreneur Development and Cooperatives (KUSKOP) has approved RM5 billion in financing as of May 31, benefiting 185,000 entrepreneurs nationwide, said its minister, Steven Sim Chee Keong.

UOB Malaysia Enhances Privilege Banking, Aims To Double Affluent Clientele By 2028

KUALA LUMPUR, June 18 (Bernama) -- UOB Malaysia has enhanced its Privilege Banking offering with expanded wealth advisory services, personalised client support and lifestyle benefits as it targets to double its affluent customer base by 2028.

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.

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.

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.

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.

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.

Top Glove's 3Q Net Profit Jumps To RM80.98 Mln

KUALA LUMPUR, June 18 (Bernama) -- Top Glove Corporation Bhd’s net profit jumped to RM80.98 million in the third quarter ended May 31, 2026 (3Q FY2026), compared with the RM34.74 million reported in the previous corresponding quarter.

Johor Launches JETP Covering 83 Investment Projects Worth RM167.4 Billion By 2030

JOHOR BAHRU, June 18 (Bernama) -- The state government launched the Johor Economic Transformation Plan (JETP) by identifying 83 investment projects across eight priority industries, which are expected to contribute investments worth RM167.4 billion.

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.