Local News
As Scope 3 reporting deadline looms, Malaysian SMEs under pressure to provide sustainability disclosures
There is increasing pressure on small- and medium-sized enterprises (SMEs) in Malaysia to provide better sustainability disclosures. As Malaysia forges ahead with its 2050 net zero climate ambition, new policies are prompting businesses to embed sustainability...
DSV opens Singapore facility to boost logistics with Johor
Danish logistics giant DSV has launched a new facility in Singapore aimed at strengthening cross-border logistics with Malaysia. The Redlion2 facility will support the flow of goods across the Causeway and work in tandem with DSV’s Sunway City warehouse in Johor. The...
New tariff increases leave optical industry bracing for impact
With letters having recently been sent from the White House to several US trading partners about tariff increases set to take effect on August 1, The Vision Council has noted “significant implications for the optical industry’s international supply chains and bottom...
Govt establishes Malaysia Maritime Law Revision and Reform Committee
PUTRAJAYA: The government, through the Transport Ministry, has officially established the Malaysia Maritime Law Revision and Reform Committee (MLRRC). In a statement on Thursday (July 10), the ministry said the committee is chaired by Federal Court judge Tan Sri...
Global LNG: Asian spot prices fall on weak demand and rising supply
SINGAPORE: Asian spot liquefied natural gas (LNG) eased this week as subdued demand, rising supply and ample inventories weighed on prices, while the ceasefire between Israel and Iran reduced risk premiums. The average LNG price for August delivery into north-east...
Road closures in stages for 58th Asean Foreign Ministers’ Meeting, says Bukit Aman
PETALING JAYA: Rolling road closures will be implemented in Kuala Lumpur and other affected areas in conjunction with the 58th Asean Foreign Ministers’ Meeting (AMM) and Related Meetings. Bukit Aman Traffic Investigation and Enforcement Department director Comm Datuk...
Crucial for Malaysia to strengthen digital capabilities, says MCA president
KUALA LUMPUR: Malaysia must match its growing data infrastructure with stronger digital capabilities to stay competitive in the global economy, says Datuk Seri Dr Wee Ka Siong. The MCA president stressed that the country can no longer rely solely on the rapid...
Anthony Loke: RTD, APAD to step up action on repeat offenders, audit companies
KUALA LUMPUR, June 26 — Transport Minister Anthony Loke today directed the Road Transport Department (RTD) and the Land Public Transport Agency (APAD) to step up enforcement against repeat commercial vehicle traffic offenders and companies that consistently violate...
Malaysia announces stricter plastic waste import rules
Malaysia is set to introduce stricter new rules regarding imported plastic waste. From the 1st of July, imports of all plastic waste will be prohibited from entering the country, with the new law set to align the country with the Basel Convention, including the 2019...
Final warning for errant commercial vehicle operators
PUTRAJAYA: Transport Minister Anthony Loke has announced that 11 freight transport companies were found to have over 1,000 unpaid summonses, while 17 express bus operators had more than 200 outstanding summonses each. One of the companies alone recorded over 22,000...