Local News

It has finally happened. A foreign shipping firm has decided to throw its hat into the Philippine domestic shipping arena, which has been plagued for decades with the high cost of doing business, lack of economies of scale and poor port infrastructure. This has made...

KUALA LUMPUR: The use and research of renewable energy, support for research, and the enforcement of environmental management are key aspects that should be prioritized in the 2025 Budget, ultimately driving sustainable growth related to environmental, social, and...

SEPANG: The government is optimistic that Kuala Lumpur International Airport (KLIA) has the potential to become the region’s cargo hub, said Transport Minister Anthony Loke Siew Fook. He said KLIA has all the necessary factors to continue to grow and become the cargo...

IT HAS been just over a month since the mandatory e-invoicing system was introduced on Aug 1 for Malaysian taxpayers with an annual turnover exceeding RM100 million. While the launch had a rough start with taxpayers initially struggling to access the Inland Revenue...

Carriers will ramp up blank sailings by over 1.5 times, adding 53 more cancellations between weeks 38 and 42 compared to the previous five weeks, according to the latest update from Dimerco. "Drewry's weekly analysis on September 13 reported that 90 blank sailings...

BEIJING: Malaysia welcomes the collaboration of telecommunications companies with any local media organizations to develop artificial intelligence (AI) applications to help produce content, as well as report efficiently and effectively. Communications Minister Fahmi...

PORT KLANG: The development of Westport Holdings Bhd’s phase two container terminal expansion from terminals 10 to 17 is a significant step to strengthen Malaysia’s position as a global maritime and logistics hub. Westports executive chairman and group managing...

KUALA LUMPUR: The Investment, Trade and Industry Ministry (Miti) is confident that Malaysia’s national single window (NSW) trade initiative will harmonise with China’s customs system and facilitate business and trade operations by reducing red tape, coordinating and...

KUALA LUMPUR:The Malaysia Drone Chamber of Commerce and Industry (MDCoCI) is poised to revolutionise the country’s drone sector, said president Shanmugam Thanggavilo and founder Elanggovan Thanggavilo. The duo said they aim to make the country a regional and global...

In what is the world’s largest trade by volume, and deployed capacity, it was an anomaly that the intra-Asia trades did not have a dedicated spot index to match the other major tradelanes out of Asia to Europe and the US. Philip Damas, MD and head...