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.

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.

KHPT Bags Components Contract For New Proton Model

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.

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.

Fortegra Appoints Anthony Katz As SVP, Reserving To Lead Actuarial Team

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.

iFAST Global Bank Launches QR Payment Cashback Promotion

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.

Rubicon Carbon Opens Singapore Office To Scale Asia Carbon Markets

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.

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.

SISTIC Secures Formula 1 Singapore GP Ticketing Role

KUALA LUMPUR, June 18 (Bernama) -- SISTIC, Singapore’s leading ticketing service provider and a company of AXS Tickets, has secured a multi-year partnership to deliver official ticketing services for the Formula 1 Singapore Grand Prix (GP), beginning with the 2027 race.

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.

Extreme Weather, Natural Disasters Top Construction Risks Over Next Five Years -- Zurich

KUALA LUMPUR, June 18 (Bernama) -- Zurich Insurance Group has identified extreme weather and natural disasters as the most severe risks facing the construction sector over the next five years, assigning a score of 6.2 out of seven on its risk severity scale.