Local News
Here’s where container rates will go in extended Iran war
As the U.S. threatens to escalate attacks against Iran, the shutdown of a key Persian Gulf shipping lane is causing congestion at regional ports that threatens to spread to the global supply chain. Now entering its second week, the undeclared war has hampered ports...
Global tension, Malaysia’s maritime future: Turning crisis into strategic opportunity — Izyan Munirah Mohd Zaideeen
MARCH 7 — Rising tensions in the Middle East involving Iran, the United States, and Israel are sending shockwaves across the global landscape. What may appear as a regional conflict carries far-reaching implications for international trade, energy markets,...
Malaysia able to support regional energy supply, says expert
KUALA LUMPUR: Malaysia can capitalise on the large-scale oil supply disruption caused by the conflict in the Middle East by positioning itself as a viable and more reliable energy supplier to customers in Asia, said commentator and scholar in the field...
Johor leads Malaysia with record RM110b in approved investments, outpacing Selangor and Kuala Lumpur
He was accompanied by Mida chairman and Senior Political Advisor to the Prime Minister, Datuk Seri Tengku Zafrul Tengku Abdul Aziz, who is also the former Investment, Trade and Industry Minister. During the announcement, Johor’s approved investment value of RM110...
Malaysia Scraps Kuwaiti Hornet Deal
MALAYSIA’S government has cancelled plans to acquire the Kuwait Air Force’s (KAF) fleet of inactive F/A-18C/D Hornet fighter jets to be transferred to the Royal Malaysian Air Force (RMAF). The deputy defence minister Adly Zahari said the decision had been reached...
Environment Ministry proposes national committee to tackle illegal e-waste imports
KUALA LUMPUR, Feb 28 — The Natural Resources and Environmental Sustainability Ministry (NRES) has proposed the establishment of a National Committee to tackle the illegal entry of e-waste into the country, its minister Datuk Seri Arthur Joseph Kurup said today. He...
Brazilian and Malaysian ports ink MoUs
Brazil’s Suape Industrial Port Complex has signed two Memoranda of Understanding (MoUs) in Malaysia’s Port Klang with Westports Malaysia and Northport, part of the MMC Port Holding Group, during its trade mission to Southeast Asia. ...
Malaysia: Driving AI Adoption for SMEs and Industry Growth
Malaysia is seeking to accelerate the adoption of artificial intelligence across its economy by encouraging stronger collaboration between government agencies, industry stakeholders and local technology providers. The initiative places particular emphasis on...
Palm slips, but still logs weekly gain to snap two-week decline
KUALA LUMPUR: Malaysian palm oil futures closed lower on Friday, weighed down by weaker soyoil, overproduction concerns and sluggish export demand, though the contract still posted a weekly gain after two straight weeks of losses. The benchmark palm oil...
Malaysia weighs impact of US tariff ruling, says Johari
KUALA LUMPUR: Malaysia is closely monitoring recent legal and policy developments in the United States following a Supreme Court decision to strike down the administration’s global tariffs, says Datuk Seri Johari Ghani. The Investment, Trade and Industry Minister said...