Local News
Malaysia aims to showcase 40 5G private network use cases
The government of Malaysia said there are currently 12 enterprise projects involving 5G trials across various sectors Malaysia plans to present at least 40 5G private network use cases in sectors such as manufacturing, oil and gas, logistics and healthcare, ahead of...
Malaysia cuts diesel subsidies, with hopes that handouts will cushion inflation impact
KUALA LUMPUR – Malaysia will cut diesel subsidies and float retail prices to the market rate of RM3.35 per litre, an increase of about 55 per cent from RM2.15, starting from June 10. The move, however, will not have much impact on the country’s inflation rate –...
As shipping supply chains are interrupted by wars, how is Southeast Asia faring?
D isruptions to shipping supply chains are being felt globally due to the conflict in Gaza and related attacks on ships by Houthi militias, as well as Russia’s invasion of Ukraine, but they are not the only tension points stressing global sea lanes. Southeast Asian...
Transport Ministry: Cable-laying ships exempted from cabotage policy starting June 1
UALA LUMPUR, May 30 ― Starting June 1, all cable-laying ships engaged in the installation, maintenance and repair of submarine telecommunication cables landed at any submarine cable landing centre in Malaysian waters are exempt from the cabotage policy. The Transport...
Johor-Singapore SEZ: Pengerang’s potential as hub for ‘spillover’ business renews optimism for area’s development
KOTA TINGGI, Johor: Tucked away in the southeastern tip of peninsular Malaysia is a large swathe of land with rows upon rows of oil storage tanks and cooling towers with dark smoke billowing from above. The Pengerang Integrated Petroleum Complex (PIPC) - which...
Diesel subsidy rationalisation due to 10-fold increase in cost to Malaysian government: finance minister II
The decision to rationalise diesel fuel subsidy in Malaysia was due to the cost to the government, which had increased by 10 times in just five years, The Star reported. The Malaysian government had paid RM14.3 billion in diesel subsidy last year,...
Malaysia finally reinstates cabotage exemption for undersea cable repair ships
Malaysia has finally reinstated the cabotage policy exemption for foreign ships to conduct laying, maintenance and repairs of submarine telecommunication cables in Malaysian waters effective 1st June 2024. This comes after Transport Minister Anthony Loke announced in...
Sarawak says exploring proposal to establish state transport authority
KUCHING, May 25 — Sarawak’s Ministry of Transport is exploring a proposal to establish a Sarawak Transport Authority to manage and operate the entire transportation sector in the state, its minister Datuk Seri Lee Kim Shin said today. He said this holistic approach...
Port of Tanjung Pelepas inks deals for 11 ULCV capacity quay cranes
Port of Tanjung Pelepas SdnBhd (PTP), a joint venture between the MMC Group and APM Terminals in Malaysia, has signed an agreement with Shanghai Zhenhua Heavy Industries Co Ltd (ZPMC) for the purchase of five ultra large container vessel (ULCV) Quay Cranes. This...
Sudden container crunch sends ocean freight rates soaring, setting off global trade alarm bells
A perfect storm in global trade is creating a shipping container capacity crunch, fueling a sudden and surprise spike in ocean freight rates. The beginning of peak shipping season, coupled with the longer transits to avoid the Red Sea, and bad weather in...