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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.

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).

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.

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.

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.

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).

Agrobank To Establish Trade Facilitation, Payment Settlement Arrangements With Uzbekistan

By Siti Radziah Hamzah

TASHKENT, June 17 (Bernama) --  Agrobank is targeting to establish trade facilitation and payment settlement arrangements linking Malaysia with Uzbekistan and the wider Commonwealth of Independent States (CIS) region by year-end.

Malaysia To Deepen Food Trade, Agricultural Cooperation With Uzbekistan

From Siti Radziah Hamzah

TASHKENT, June 17 (Bernama) -- Malaysia is looking to deepen food trade and agricultural cooperation with Uzbekistan and the wider Central Asian region as part of efforts to diversify supply sources and strengthen long-term food security amid global geopolitical and supply chain uncertainties.

Uzbekistan To Attract More FDIs Through Improvements In Investment Climate - President

TASHKENT, June 17 (Bernama) -- Uzbekistan is looking to lure more foreign direct investments (FDIs) as the country implements systemic measures to improve its investment climate, including the establishment of the Tashkent International Financial Centre (TIFC) and expanded privatisation initiatives.