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Economy

Japan’s Non-Life Insurance Segment Outlook Remains Stable - AM Best

KUALA LUMPUR, June 23 (Bernama) -- Global credit rating agency, AM Best has maintained its stable outlook on Japan’s non-life insurance segment, citing factors including rising interest rates and the introduction of the Japan Insurance Capital Standard (J-ICS).

Malaysia Strengthens South Korea Presence With Largest-Ever KIE Delegation

KUALA LUMPUR, June 23 (Bernama) -- Malaysia is strengthening its presence in the South Korean market with its largest-ever participation at the Korea Import Expo (KIE) 2026, according to the Malaysia External Trade Development Corporation (MATRADE).

UK, Malaysia Initiate Negotiations On Digital Trade Agreement

KUALA LUMPUR, June 23 (Bernama) -- British High Commission Kuala Lumpur has announced the commencement of negotiations on a new digital trade agreement (DTA) between the United Kingdom (UK) and Malaysia.

Penang Eyes Direct Jinan-Penang Flights To Strengthen Air Connectivity With Northern China

GEORGE TOWN, June 23 (Bernama) -- The Penang government is exploring the possibility of launching direct flights between Jinan and Penang as part of its efforts to strengthen air connectivity with northern China and expand the state’s tourism market reach.

Diplomacy With All Countries Helps Secure Long-term Energy Supplies For Logistics, Transportation -- Loke

KUALA LUMPUR, June 23 (Bernama) -- Long-term supply agreements for oil, gas and diesel for at least 20 years will provide stability to the logistics and transportation sectors, said Transport Minister Anthony Loke Siew Fook.

Mavenir Unveils Agentic Service Assurance Framework For Autonomous Network Operations

KUALA LUMPUR, June 23 (Bernama) -- Mavenir, the cloud-native network infrastructure provider, has unveiled its Agentic Service Assurance Framework: a TM Forum IG1251/IG1453-aligned, multi-agent system that automates complex network operations across multiple domains.

HSS Eyes Southeast Asian Growth On Rising Demand For Halal Bakery Products

KUALA LUMPUR, June 23 (Bernama) -- Bakery products manufacturer HSS Holdings Bhd plans to strengthen its presence across Southeast Asia (SEA), capitalising on rising demand for halal products following its Bursa Malaysia’s ACE Market debut.

Govt To Study B50 Implementation As It Weighs Cost Of Upgrading Blending Depots

KUALA LUMPUR, June 23 (Bernama) -- The government will study the feasibility of implementing B50 biodiesel usage, following the need for a comprehensive upgrade of existing blending depots, which is expected to involve significant costs, according to the Ministry of Plantation and Commodities (KPK).

Govt Open To Cooperation On Sabah SEZ

KUALA LUMPUR, June 23 (Bernama) -- The government is ready to assess appropriate forms of cooperation should the Sabah state government wish to spearhead the state's economic transformation through the establishment of a Special Economic Zone (SEZ), the Economy Ministry said.

Cloudflare, Major Browsers To Develop Privacy-Preserving Web Verification Standard

KUALA LUMPUR, June 23 (Bernama) -- Cloudflare Inc has announced a new initiative with major web browsers, including Mozilla Firefox, Google Chrome and Microsoft Edge, to develop a privacy-preserving protocol aimed at helping websites distinguish legitimate users and authorised automated agents from malicious traffic.

Indonesia To Roll Out Rp26.34 Trillion Stimulus Package In Second Half Of 2026

By Nik Nurfaqih Nik Wil

JAKARTA, June 22 (Bernama) -- Indonesia will roll out a Rp26.34 trillion (Rp1 mln=RM231.2) economic stimulus package in the second half of 2026, which includes transport incentives, employment programmes and food assistance measures.

Roda Land, Sime Darby Industrial Collaborate To Support Smarter, Sustainable Farming Operations

KUALA LUMPUR, June 22 (Bernama) -- Roda Land Sdn Bhd (Roda Land) and Sime Darby Industrial Sdn Bhd have entered into a strategic collaboration aimed at advancing agricultural mechanisation and supporting more sustainable farming operations in Malaysia through the adoption of innovative tire and wheel solutions.