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Malaysia, South Korea Strengthen Renewable Energy Partnership Through Terengganu Bio-CNG Project

KUALA LUMPUR, June 19 (Bernama) -- Malaysia and South Korea have further strengthened their strategic partnership in renewable energy following the exchange of a letter of intent (LOI) for the Terengganu State Palm Oil Mill Biogas Upgrading Project, an initiative that will convert waste from the palm oil industry into bio-compressed natural gas (Bio-CNG).

AM Best Affirms Hyundai Marine & Fire Insurance Credit Ratings

KUALA LUMPUR, June 19 (Bernama) -- AM Best has affirmed the financial strength rating of A (Excellent) and the long-term issuer credit rating of “a” (Excellent) of South Korea’s Hyundai Marine & Fire Insurance Co Ltd (HMF), with a stable outlook.

SBS Nexus Harnesses AI Tools To Improve Efficiency And Client Outcomes

KUALA LUMPUR, June 19 (Bernama) -- Integrated marketing and branding services provider SBS Nexus Bhd does not view the rapid adoption of artificial intelligence (AI) as a threat to its business, but rather as an opportunity to improve efficiency and deliver greater value to clients.

Malaysia Leads Sea Semiconductor Industry, Draws Global Partnerships -- Trade Minister

KUALA LUMPUR, June 19 (Bernama) -- Malaysia has the strongest semiconductor ecosystem in Southeast Asia, making it the top destination for collaboration among major technology players from Japan, South Korea, Taiwan, China and the United States.

HICOOL Deepens Singapore Push In Southeast Asia

KUALA LUMPUR, June 19 (Bernama) -- China's HICOOL Global Startup Competition has expanded its presence in Singapore, positioning the city-state as a strategic gateway for Southeast Asian entrepreneurs seeking access to China's industrial ecosystem and market opportunities.

JTB To Acquire Asia DMC Operator EXO Travel

KUALA LUMPUR, June 19 (Bernama) -- JTB Corp has agreed to acquire all shares of Bangkok-based EXO Travel Group through a group company in the Asia-Pacific (APAC) region, strengthening its destination management capabilities and expanding its global travel network.

CPO Prices Expected At RM4,400 To RM4,650 In July - MPOC

KUALA LUMPUR, June 19 (Bernama) -- Crude palm oil (CPO) prices are expected to trade between RM4,400 and RM4,650 per tonne in July, supported by the tightening supply outlook in Indonesia and rising El Nino risk, said the Malaysian Palm Oil Council (MPOC).

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.

KLCI Futures Open Lower

KUALA LUMPUR, June 19 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures opened lower on Bursa Malaysia Derivatives on Friday, tracking the underlying cash market performance. 

Ringgit Opens Higher Against US Dollar

KUALA LUMPUR, June 19 (Bernama) -- The ringgit opened higher against the US dollar today, recovering from yesterday's sharp decline amid cautious market sentiment following the US Federal Reserve's (Fed) latest policy decision.

CPO Futures Close Mostly Lower On Weaker Soybean Oil, Crude Oil Prices

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, June 18 (Bernama) -- Crude palm oil (CPO) futures contracts on Bursa Malaysia Derivatives closed mostly lower on Thursday, pressured by weaker soybean oil and crude oil prices, a trader said.

Malaysian Re, China Re Life Sign Landmark Treaty For Cancer Treatment Coverage

KUALA LUMPUR, June 18 (Bernama) -- National reinsurer Malaysian Reinsurance Bhd (Malaysian Re) and China Reinsurance Life Insurance Company Ltd (China Re Life) have signed a landmark reinsurance treaty to support the first dedicated reinsurance framework for cancer precision medicine (CPM) treatment coverage in Malaysia.