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Malaysia's Competitiveness Ranking Surge Signals Stronger Economic Fundamentals - Economists

By Rosemarie Khoo

KUALA LUMPUR, June 19 (Bernama) -- Malaysia's improved standing in the International Institute for Management Development (IMD) 2026 World Competitiveness Ranking reflects the country’s strengthening economic fundamentals.

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).

Aizo's Unit Secures RM346.19 Mln Islamic Financing Facilities To Support Solar Project In Kampar 

KUALA LUMPUR, June 18 (Bernama) -- Aizo Group Bhd’s subsidiary, Wawasan Demi Sdn Bhd, has secured Islamic financing facilities of up to RM346.19 million from Bank Pembangunan Malaysia Bhd (BPMB). 

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.

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.

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.

MAHB Appoints Azmil Khalid As Non-Independent Non-Executive Chairman

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.

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.

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).