Local News
Malaysia, UAE look to bolster ties
DUBAI: Malaysia and the United Arab Emirates (UAE) are looking forward to bolstering ties across various sectors. Deputy Prime Minister Datuk Seri Dr Ahmad Zahid Hamidi said his meeting with UAE’s Minister of Energy and Infrastructure Suhail Mohamed Al Mazrouei here...
Fast-lane initiative successfully speeds up foreign projects in Johor
KULAI: The Kulai Fast Lane initiative, which has proven to be a big success in facilitating investments in Johor, will be expanded under the Invest Malaysia Facilitation Centre (IMFC), says Johor Mentri Besar Datuk Onn Hafiz Ghazi. He added both state and federal...
Govt focusing on SST to stabilise economy, meet fiscal deficit target by 2028: Amir Hamzah
KUALA LUMPUR: The government is focusing on Sales and Service Tax (SST) instead of reintroducing the Goods and Services Tax (GST) to stabilise the economy and meet the fiscal deficit target by 2028, said Minister of Finance II Amir Hamzah Azizan. He explained that...
‘Need to cut excessive plastic use in logistics’
Consumer group calls for awareness programmes to seek alternatives, reduce packaging waste THE government is urged to broaden its focus on eliminating single-use plastics by addressing how they are also utilised in logistics, in addition to the retail sector. Malaysia...
MOT, KKR in final stages of developing High Speed Weigh-In-Motion system to combat overloading
KUALA LUMPUR: The Ministry of Transport (MOT) and the Ministry of Works (KKR) are in the final stages of developing a High-Speed Weigh-In-Motion (HS-WiM) system to address road accidents caused by overloaded vehicles. Transport Minister Anthony Loke said the...
Westports’ net profit rises to RM233.07mil in 3Q24
KUALA LUMPUR: Westports Holdings Bhd has posted a higher net profit of RM233.07 million in the third quarter ended Sept 30, 2024 (3Q 2024), compared to RM195.0 million in the same quarter a year ago. Revenue for the quarter rose to RM572.57 million versus...
Electric train service that will link Johor Bahru to north Malaysia hits another roadblock
KUALA LUMPUR – The Gemas-Johor Bahru electrified double-track rail project (Gemas-JB EDTP), which is expected to halve the journey time between Kuala Lumpur and Johor Bahru once it links up with the already up-and-running Padang Besar-Gemas line, has missed yet...
Port of Tanjung Pelepas Recognized with Supply Chain Innovator of the Year Award
BANGKOK, Nov. 01, 2024 (GLOBE NEWSWIRE) — Port of Tanjung Pelepas (PTP), Malaysia’s largest transshipment hub, was honored with the Supply Chain Innovator of the Year: Digital Transformation Award at the 2024 Supply Chain Asia Awards on Friday, Oct. 18. The...
PM Anwar urges logistics sector to maintain high standards of workforce skills and industry infrastructure
He pointed out the recent growth in investments in Selangor, Johor, and Kulim Hi-Tech, with more data centres and focus on AI being implemented in Malaysia. Prime Minister of Malaysia Anwar Ibrahim has called on all parties — including the Ministry of Transport,...
Malaysia’s Budget 2025: Impact for Businesses
On October 18, Malaysia’s government introduced its 2025 national budget – the largest in its history – to bolster the economy’s competitiveness by introducing new tax incentives, slashing subsidies, and developing new economic clusters. With an unprecedented 421...