LATEST NEWS   58 arrested for illegal betting, online gambling during World Cup - Bukit Aman | At 6 pm, the ringgit eased to 4.1145/1195 versus the US dollar from Tuesday's close of 4.0665/0700 | Malaysia jumped to 15th place in the IMD World Competitiveness Ranking 2026 from 23rd last year - IMD | Malaysia emphasises diplomacy as the basis for addressing global tensions at ASEAN-Russia Commemorative Summit - PM Anwar | ASEAN and Russia have ample room to strengthen cooperation based on mutual respect, shared benefits - PM Anwar | 

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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.

Malaysia Jumps Eight Spots To 15th In 2026 IMD World Competitiveness Ranking

KUALA LUMPUR, June 18 (Bernama) -- Malaysia has jumped eight spots in the 2026 International Institute for Management Development (IMD) World Competitiveness Ranking, rising to the 15th spot among 70 economies, marking its best ranking in recent years. 

BDB Land Develops RM41.5 Mln GDV Commercial Hub In Jitra

ALOR SETAR, June 18 (Bernama) --  BDB Land Sdn Bhd (BDB Land), a wholly owned subsidiary of Bina Darulaman Bhd (BDB), is developing a new commercial centre, the Darulaman Commercial District (DCD), with a gross development value (GDV) of RM41.5 million in Bandar Darulaman, Jitra.

PKFZ Records RM108 Mln Revenue As 'Reactivation' Hits 86 Pct

PULAU INDAH, June 18 (Bernama) -- The Port Klang Free Zone (PKFZ), now 86 per cent “reactivated” after nearly two decades of underutilisation, has generated RM108 million in revenue.

Johor Launches JETP Covering 83 Investment Projects Worth RM167.4 Billion By 2030

JOHOR BAHRU, June 18 (Bernama) -- The state government launched the Johor Economic Transformation Plan (JETP) by identifying 83 investment projects across eight priority industries, which are expected to contribute investments worth RM167.4 billion.

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.

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.

KLCI Futures Open Higher

KUALA LUMPUR, June 18 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures opened higher on Bursa Malaysia Derivatives on Thursday, tracking the underlying cash market performance. 

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).

ASEAN-Russia Need To Expand Cooperation  Across The Board, Mainly In Food Security And Energy - Anwar

From Nurul Hanis Izmir

KAZAN, June 17 (Bernama) — ASEAN and Russia need to expand multilateral cooperation in areas such as food security, energy, advanced manufacturing, digital technologies, and education, said Prime Minister Datuk Seri Anwar Ibrahim.

Finalisation Of ASEAN-Russia Trade Roadmap A Good Start, Enabling Environment Crucial - Anwar

From Nurul Hanis Izmir

KAZAN, June 17 (Bernama) — Finalisation of the ASEAN-Russia Strategic Programme on Trade and Investment Cooperation 2026-2035 is a shot in the arm for the next leap in economic ties, but an enabling environment is key to turning them into reality, Prime Minister Datuk Seri Anwar Ibrahim said today.

Indian Firms Invest Over US$3 Bln In Malaysia, Create 30,000 Jobs - CIIM

KUALA LUMPUR, June 17 (Bernama) -- Indian companies have invested more than US$3 billion (US$1 = RM4.06) in Malaysia and created over 30,000 direct jobs, reflecting the strong economic partnership between Malaysia and India, according to the Consortium of Indian Industries in Malaysia (CIIM).