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WCT Shares Rise After Securing RM529 Mln Abu Dhabi Contract

KUALA LUMPUR, June 19 (Bernama) -- WCT Holdings Bhd’s shares rose on Friday after securing a sub-contract worth RM528.99 million for the construction of a commercial and residential development in Abu Dhabi, the United Arab Emirates (UAE).

Mavenir, Red Hat Launch AI Monetisation Platform

KUALA LUMPUR, June 19 (Bernama) -- Mavenir has launched an integrated artificial intelligence (AI) platform developed in collaboration with Red Hat, enabling network operators to offer and bill AI services through token-based consumption models using existing telecom billing systems.

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.

Malaysia Rises To 15th In Global Competitiveness Ranking, Records Best Achievement -- Anwar

KAZAN, June 18 (Bernama) – Malaysia rising to the 15th spot in the 2026 World Competitiveness Rankings by the International Institute for Management Development (IMD) is proof that efforts to strengthen efficiency and improve execution continue to pay off, said Prime Minister Datuk Seri Anwar Ibrahim.

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.

WCT Secures RM529 Mln UAE Construction Sub-contract

KUALA LUMPUR, June 18 (Bernama) -- WCT Holdings Bhd has secured a sub-contract worth 479 million United Arab Emirates dirham (AED) or RM528.99 million for the construction of a commercial and residential development in Abu Dhabi, the United Arab Emirates (UAE).

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.

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.

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.

Perodua Reduces Service Maintenance Parts Price By Up To 10 Pct

KUALA LUMPUR, June 18 (Bernama) -- Perusahaan Otomobil Kedua Sdn Bhd (Perodua) is reducing the price of its service maintenance parts, including labour, by up to 10 per cent, beginning June 19.

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.

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.