Singapore’s logistics rents fell by 6.2% in the second half of the year 2024 (H2 2024) but remained unchanged year-on-year (YoY), according to a Knight Frank report. Despite this, Singapore is amongst the markets expected to see growth in the next 12 months,...
KUALA LUMPUR, March 6 — The Transport Ministry (MOT) will introduce a policy to encourage cargo and transport companies to utilise the East Coast Rail Link (ECRL) service as an alternative to heavy vehicles on roads. Its minister Anthony Loke said the policy would...
KUALA LUMPUR (March 8): Minister of Tourism, Arts and Culture Datuk Seri Tiong King Sin has emphasised that the Malaysia My Second Home (MM2H) programme is not meant only for Chinese nationals but is open to applicants from any country worldwide. He said that through...
KUALA LUMPUR: A total of 247 heavy vehicle operation licences were suspended last year, says Transport Minister Anthony Loke. For violating road safety standards, 23 vehicle permits were also suspended, Loke added. He noted that suspensions can be up to 90 days for...
JOHOR BAHRU: Even before the Johor-Singapore Special Economic Zone (JS-SEZ) deal was finalised, OCBC had already observed companies looking to establish a presence in Johor. Now, with the RTS Link nearing 50 per cent completion and...
KUCHING (Feb 24): Bintulu Port Holdings Berhad (BPHB) has achieved an impressive growth trajectory, recording a 6.4 per cent increase in total cargo throughput, reaching 52 million tonnes in 2024, up from 48 million tonnes in 2023. This milestone underscores BPHB’s...