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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.
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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.
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By K. Naveen Prabu
KUALA LUMPUR, June 18 (Bernama) -- The ringgit closed lower against the US dollar on Thursday as expectations of a possible US Federal Reserve (Fed) interest rate hike later this year boosted demand for the greenback.
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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.
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KUALA LUMPUR, June 18 (Bernama) -- KHPT Holdings Bhd has secured a contract from Perusahaan Otomobil Nasional Sdn Bhd (Proton) to supply automotive components for a new Proton model.
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KUALA LUMPUR, June 18 (Bernama) -- Malaysia Airports Holdings Bhd (MAHB) has appointed Tan Sri Dr Azmil Khalid as its non-independent non-executive chairman, effective June 18, 2026.
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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.
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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.
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KUALA LUMPUR, June 18 (Bernama) -- Malaysia has jumped eight spots in the 2026 International Institute for Management Development (IMD) World Competitiveness Ranking, rising to the 15th spot among 70 economies, marking its best ranking in recent years.
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KUALA LUMPUR, June 18 (Bernama) -- iFAST Global Bank is offering a limited-time cashback promotion to encourage the use of its Worldwide Scan & Pay service, rewarding customers with one per cent cashback on eligible QR code payments made locally and overseas.
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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.
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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.