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Economy

Eco World's 2Q Net Profit Declines To RM129.14 Mln

KUALA LUMPUR, June 18 (Bernama) -- Eco World Development Group Bhd’s net profit for the second quarter ended April 30, 2026 (2Q 2026) declined marginally to RM129.14 million from RM129.83 million posted a year earlier.

JETP Is Key Maju Johor 2030 Enabler To Ensure Economic Benefits Reach The People -- Onn Hafiz

JOHOR BAHRU, June 18 (Bernama) -- The Johor Economic Transformation Plan (JETP) is not just an economic development plan; it is also a key enabler of the Maju Johor 2030 agenda, said Johor Menteri Besar Datuk Onn Hafiz Ghazi.

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.

Fuzhou Fisheries Week Opens On Global Scale 

KUALA LUMPUR, June 18 (Bernama) -- The 2026 Cross-Strait (Fuzhou) Fisheries Week has opened in Fuzhou, Fujian Province, with the event positioning itself as a major international platform for marine fisheries innovation, trade and cooperation.

Titanbay Names Marcel Rohner Non-Executive Director

KUALA LUMPUR, June 18 (Bernama) -- Titanbay has appointed Marcel Rohner, vicechairman of Union Bancaire Privée (UBP), chairman of the Swiss Bankers Association and former group chief executive of UBS, as a non-executive director on its group board.

Daicel POM Powder Enables Stick Lubricant Innovation

KUALA LUMPUR, June 18 (Bernama) -- Daicel Corporation’s High Performance Polymers Strategic Business Unit (formerly Polyplastics Co Ltd) has announced its DURAST POM fine powder has been adopted in a new stick-form lubricant developed by Japan-based Maia Co Ltd, marking a novel application for the engineering plastic material in maintenance operations.

AKPK Appoints Azman Hasim As New CEO Effective Today

KUALA LUMPUR, June 18 (Bernama) -- Agensi Kaunseling dan Pengurusan Kredit (AKPK) has appointed Azman Hasim as its chief executive officer (CEO), effective June 18.

Malaysia Eyes Broader Cooperation With Turkmenistan During Anwar's Visit

From Sharifah Hunaini Syed Ismail

ASHGABAT (TURKMENISTAN) June 18 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim’s visit to Turkmenistan from June 18 to 19 is highly significant as it is expected not only to create more opportunities for cooperation in the oil and gas sector but also to enhance collaboration in other industries such as transportation, logistics and agriculture between the two countries.

Anwar Thanks Putin For Russia's Support On Energy Cooperation, Petronas

By Nurul Hanis Izmir

KAZAN, June 18 (Bernama) – Prime Minister Datuk Seri Anwar Ibrahim expressed appreciation to Russian President Vladimir Putin for Russia’s support in strengthening energy cooperation with Malaysia, especially Petroliam Nasional  Bhd (Petronas).

Anwar, Putin Discuss Energy Security, Trade In Local Currencies

By Nurul Hanis Izmir

KAZAN, June 18 (Bernama) — Prime Minister Datuk Seri Anwar Ibrahim and Russian President Vladimir Putin discussed various aspects of bilateral cooperation, including the potential to strengthen ties in the energy sector, one of the strategic areas for both countries.

Engagement Platforms Key To Strengthening Understanding Between Nations - PM Anwar

By Nurul Hanis Izmir

KAZAN, June 18 (Bernama) -- In a world that continues to face various challenges and uncertainties, platforms for engagement, such as the ASEAN-Russia Commemorative Summit and bilateral relations between countries, are highly meaningful for strengthening mutual understanding, said Prime Minister Datuk Seri Anwar Ibrahim.