Singapore’s trade balance might be less susceptible to tariff risks expected under US president-elect Donald Trump’s second term. Within the ASEAN-6 countries, Singapore is the only economy that runs a consistent trade deficit against the US. This may render...
TOKYO, Japan: Japanese Prime Minister Shigeru Ishiba is visiting Malaysia and Indonesia to bolster defense and economic partnerships with key Southeast Asian nations amid rising tensions with China in the region. This trip, Ishiba’s first for bilateral talks...
Sixty years ago, Singapore’s separation from Malaysia marked the painful collapse of a bold political experiment. What began as a union based on the promise of a shared future and a common market fell apart under the weight of irreconcilable political objectives and...
As disclosed, the 12 millionth TEU was recorded on the evening of December 23, 2024, surpassing its previous record of 11.2 million in 2021, which, at the time, was said to represent an annual increase of 14%, compared to 2020’s 9.8 million TEUs. “By...
KUALA LUMPUR, Jan 4 — Retreaded tyres and imported tyres from China have become the top choice among heavy vehicle operators, dominating 80 per cent of the commercial vehicle tyre market. Their affordability makes them highly sought after, with costs significantly...
PETALING JAYA: Bus and lorry services companies are grappling with a critical shortage of drivers, threatening their viability and sustainability, said Pan Malaysia Bus Operators Association president Datuk Mohamad Ashfar Ali. He said the affected sector, which...