Local News
Malaysia’s economy grows 5.9%
Malaysia’s economy grew 5.9% in the second quarter from a year earlier, surpassing market expectations, the government and central bank said on Friday. The growth in the April-to-June period compared with annual growth of 4.2% in the first quarter. Shipping containers...
Newly launched Selangor-Yunnan freight train could see faster transport of vegetables, halal goods to China
KUALA LUMPUR, Aug 17 – A new freight train service between Yunnan in China and Selangor is set to enhance trade between Malaysia and China. Singapore's Straits Times (ST) reported that starting today, a trial run will begin from Yunnan’s capital Kunming,...
Northport breaks container, conventional cargo handling records in July 2024
KUALA LUMPUR: Northport (M) Bhd has achieved unprecedented success by breaking monthly records in both its container and conventional cargo business segments in July 2024. Northport handled its highest-ever monthly container throughput of 354,548 twenty-foot...
More locals needed to fill up sea freight jobs, says federal deputy minister
MIRI (Aug 8): There is a crucial need for the locals to be trained and hired as maritime professionals, said federal Transport deputy minister Datuk Hasbi Habibolah. This, he pointed out, is to meet the demand of the shipping industry and to fill in the shortage of...
Malaysia’s first hydrogen filling station to be operational early 2025
KUALA LUMPUR: Malaysia is setting up mobile hydrogen filling stations, with work to begin at the end of this year and the first one operational by early 2025, said Science, Technology and Innovation Minister Chang Lih Kang. “We are going to set up a mobile...
Malaysian firms could be transformed by AI: Lenovo exec
Malaysia is poised to reap benefits from generative artificial intelligence (AI) in the coming years, but the largest gains are expected in the local manufacturing sector. According to Lenovo (NASDAQ: LNVGY) Malaysia General Manager Varinderjit Singh, the Southeast...
Tengku Zafrul: Global players like Tesla needed for the development of Malaysia’s EV ecosystem
KUALA LUMPUR: The development of Malaysia’s electric vehicle (EV) ecosystem requires the participation of global EV players such as Tesla, according to Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz. He said his ministry (MITI) has a...
PTP hits another throughput record in handling 1.11 mln TEUs in July
JOHOR BAHRU: Port of Tanjung Pelepas (PTP), a joint venture between MMC Group and Netherlands-based APM Terminals, has set a new throughput record by handling 1.11 million twenty-foot equivalent units (TEUs) in a single month without experiencing any congestion in...
Palm oil drops on strong ringgit, posts second monthly fall
JAKARTA: Malaysian palm oil futures fell and posted a second straight monthly drop on Wednesday despite strong July export as a stronger ringgit weighed down the price. The benchmark palm oil contract for October delivery on the Bursa Malaysia Derivatives Exchange...
JB is rapidly growing with a massive ambition; here’s why lingering traffic woes may hinder that
JOHOR BARU, Aug 3 — Several experts have warned that the worsening traffic conditions in Johor Baru is set to stunt the state capital’s growth and quality of life, if it continues to be unaddressed. Speaking to Malay Mail, the traffic woes may even impact future...