The presence of a Chinese Type 053H3 Jiangwei II Class frigate near Malaysia’s Velesto NAGA 4 oil rig in Sarawak’s waters has raised concerns over China’s ambitions in the South China Sea. A Chinese Type 053H3 Jiangwei II class light frigate has been observed near...
THE South China Sea is a bustling waterway with growing freight and naval passages, combining widespread commercial and military interests. More than 80% of world trade exceeding US$5 trillion (RM21.67 trillion) in value traverses these much-contested waters each...
SHANGHAI: The Pahang and Perak state governments are ready for large investments from China in the halal industry by preparing and developing the infrastructure in the respective states’ halal hubs. This includes providing sites to build factories and farms,...
JOHOR BAHRU: Dutch tank storage company Vopak has long straddled its business on both sides of the Johor Strait. Over the last 30 years, it has based oil and gas operations in both Singapore and Pengerang in the southern part of the Malaysian state. Now, with...
KUALA LUMPUR: Johor Port Bhd, a member of MMC Group, registered a record monthly throughput of 102,324 TEUs in August 2024, surpassing the previous record of 99,039 TEUs in July 2019. Over the first eight months of 2024, the port recorded a throughput of 698,914 TEUs,...
KUALA LUMPUR: The Malaysia External Trade Development Corporation (Matrade) has renewed a memorandum of understanding (MOU) with the China Construction Bank Malaysia Berhad (CCBM) to benefit businesses in both countries. Matrade chairman Datuk Seri Reezal Merican...