Global congestion raised container prices in Singapore by 26% since October. Congestion at the Port of Singapore will persist through June and possibly beyond due to three key factors, including the country’s increased container throughput. Data from Germany-based...
KUALA LUMPUR — Malaysia will build a new container port along the western coast of the Malay Peninsula facing the Malacca Strait, one of the world’s busiest sea lanes, as the country prepares to capture logistics demand created by global supply chain...
The government will save billions of ringgit every year. But what about worried restaurants, tour bus operators and others? Fears are mounting in Malaysia that everything from eating out to domestic holidays will become more expensive as the cost of an...
Kuala Lumpur has made its decision, Anwar Ibrahim has said Malaysia has decided to apply for BRICS membership and will start filing the official paperwork soon, Prime Minister Anwar Ibrahim has said. The 77-year-old leader of the Southeast Asian nation mentioned the...
The latest edition of the Global Container Port Performance Index (CPPI) shows East and Southeast Asian ports leading the pack in 2023, with 13 out of the top 20 spots. The fourth iteration of the CPPI, developed by the World Bank and S&P Global Market...
KUALA LUMPUR, June 5 — Transport Minister Anthony Loke is leading a delegation to visit Hong Kong and China from June 6 to 9 in conjunction with the 50th anniversary of establishing diplomatic relations between Malaysia and China. He will attend the Official 50th...