Local News
Malaysia welcomes US firms, not sanctions, amid chips push. ‘We have an edge’: Anwar
Let the US impose all the unilateral sanctions it wants in its tech war with China, ‘we are free to do what we like’, Malaysia’s PM says Malaysia will not abide by US tech sanctions on China if it involves companies that do not come under Washington’s...
3 factors causing prolonged congestion at Singapore’s port
Global congestion raised container prices in Singapore by 26% since October. Congestion at the Port of Singapore will persist through June and possibly beyond due to three key factors, including the country’s increased container throughput. Data from Germany-based...
Malaysia to build port near Kuala Lumpur amid supply chain shift
KUALA LUMPUR -- Malaysia will build a new container port along the western coast of the Malay Peninsula facing the Malacca Strait, one of the world's busiest sea lanes, as the country prepares to capture logistics demand created by global supply chain shifts. The...
Malaysia’s diesel subsidy removal fuels inflation fears
The government will save billions of ringgit every year. But what about worried restaurants, tour bus operators and others? Fears are mounting in Malaysia that everything from eating out to domestic holidays will become more expensive as the cost of an...
Malaysia moving to join BRICS PM
Kuala Lumpur has made its decision, Anwar Ibrahim has said Malaysia has decided to apply for BRICS membership and will start filing the official paperwork soon, Prime Minister Anwar Ibrahim has said. The 77-year-old leader of the Southeast Asian nation mentioned the...
East and Southeast Asian Ports Dominate 2023 Global Container Port Performance Index
The latest edition of the Global Container Port Performance Index (CPPI) shows East and Southeast Asian ports leading the pack in 2023, with 13 out of the top 20 spots. The fourth iteration of the CPPI, developed by the World Bank and S&P Global Market...
Anthony Loke to lead delegation to China for 50th anniversary of diplomatic relations
KUALA LUMPUR, June 5 — Transport Minister Anthony Loke is leading a delegation to visit Hong Kong and China from June 6 to 9 in conjunction with the 50th anniversary of establishing diplomatic relations between Malaysia and China. He will attend the Official 50th...
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...