Local News
7 Malaysian vessels transiting Strait of Hormuz in stages: PM Anwar
KUALA LUMPUR, April 10 (Xinhua) -- Seven Malaysian-owned vessels previously stranded in the Strait of Hormuz are making the journey away from the waterway in stages, Prime Minister Anwar Ibrahim said on Friday. One is on its way to its destination, and six others have...
Anwar: War pushing up freight and insurance costs, but Malaysia remains resilient
KUALA LUMPUR, April 9 — Prime Minister Datuk Seri Anwar Ibrahim today warned that global conflict is driving up shipping and insurance costs, even as Malaysia’s economy continues to outperform expectations and remains relatively stable compared with its neighbours. In...
Anwar urges Malaysians to brace for higher costs, says global energy recovery could take up to 5 years
Malaysia Prime Minister Anwar Ibrahim on Thursday (April 9) urged Malaysians to brace for rising costs amid energy shortages as the Middle East conflict drags on into its sixth week. Addressing civil servants at the Malaysia Ministry of Transport, Anwar pointed...
Philippines boosts fuel buffer with new Malaysia diesel shipment
As part of its efforts to secure 900,000 barrels of diesel in April, the Department of Energy (DOE) announced the arrival of the second government-secured diesel shipment under its Emergency Energy Security Program, consisting of 329,000 barrels from Malaysia. The...
PM says disbursement of funds for public transport, freight operators has begun through digital wallets
Prime Minister Shehbaz Sharif said on Saturday that the disbursement of relief funds to people operating public transport and freight vehicles had begun through digital wallets. In a post on the social media platform X, the Prime Minister’s Office (PMO) said that PM...
Malaysia monitors economic pressures as costs affect jobs and industries
MALAYSIA: On March 31, 2026, Malaysia Transport Minister Anthony Loke emphasised that the nation is operating in crisis mode, with weekly National Economic Action Council (NEAC) meetings convened to monitor economic pressures. In his statement, as reported by...
Shipping costs, geography blamed for high prices in East Malaysia
PETALING JAYA: Geographical factors and the high cost of shipping are among the main factors behind the high prices of goods in Sabah and Sarawak, a federal minister said today. Armizan Mohd Ali, the minister of domestic trade and cost of living, said two technical...
Ship carrying 34,000 tonnes of diesel from Malaysia arrives at Ctg Port
Chattogram Port Authority Secretary Syed Refayet Hamim confirmed the arrival this morning (4 April). The ship arrived at the Kutubdia Channel in the Bay of Bengal at the outer anchorage of Chattogram Port last night (3 April). The ship departed from Malaysia for...
Asia cargo flows stay strong, supply chain realignment boosts Asean, says MTTSL
KUALA LUMPUR, March 26 — Cargo volumes in the Asian region remain robust amid global geopolitical tensions, driven by China’s market diversification and the ongoing realignment of supply chains to South-east Asia, said MTT Shipping and Logistics Bhd (MTTSL) managing...
Malaysian vessels permitted to travel through strait of Hormuz, country’s PM says after Iran talks
Malaysia’s prime minister Anwar Ibrahim said on Thursday he had spoken to the leaders of Iran, Egypt, Turkey and other regional countries and that Malaysian vessels were now being allowed to pass through the strait of Hormuz. In a televised address, Anwar thanked...