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Malaysia’s Total Trade Rises 29.8 Pct To RM327.6 Bln In May 2026 -- DOSM

KUALA LUMPUR, June 19 (Bernama) -- Malaysia’s total trade in May 2026 rose by 29.8 per cent year-on-year to RM327.6 billion from RM252.5 billion a year ago, driven by stronger growth in both exports and imports, the Department of Statistics Malaysia (DOSM) said.

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.

CIMB Introduces 'First Car Solution' Financing Package

KUALA LUMPUR, June 19 (Bernama) -- CIMB Bank Bhd is offering first-time car buyers a financing package that includes competitive financing rates, insurance or takaful protection, and CIMB credit cards, known as the "First Car Solution" programme.

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.

China National Medical Imaging AI Contest Expands ASEAN Outreach

KUALA LUMPUR, June 19 (Bernama) -- China's national medical imaging artificial intelligence (AI) competition has expanded its outreach to Southeast Asia, holding a promotional event in Vietnam after a similar engagement in Malaysia as organisers seek to attract international participation ahead of the contest later this year.

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).

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.

Russia Guarantees Long-term Petroleum, Oil And Gas Supplies To Malaysia -- PM Anwar

From Nurul Hanis Izmir

KAZAN, June 18 (Bernama) -- Russia has agreed to guarantee long-term supplies of petrol, oil and gas to Malaysia, said Prime Minister Datuk Seri Anwar Ibrahim.

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.

Winner Sky Tech Opens Batu Kawan Facility, Commits RM70 Mln Investment

BATU KAWAN, June 18 (Bernama) – Electronics manufacturing services (EMS) provider Winner Sky Technology Sdn Bhd has opened its new 60,000-square-foot manufacturing facility in Batu Kawan, marking a significant milestone in the company’s growth trajectory and reinforcing its long-term commitment to Malaysia as a base for high-value electronics manufacturing.

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.