Local News
Tengku Zafrul: Malaysia can attract more investors as more supply chains shift in Asia
KUALA LUMPUR, Sept 12 ― Malaysia has huge potential to attract more investors to the country if it takes advantage of the shift in supply chains in Asia as multinational companies diversify their production hubs in the region. Investment Trade and Industry Minister...
12MP: Johoreans hope new transport, logistics projects will be expedited
JOHOR BAHRU: The people of Johor hope that the implementation of the new transport and logistics projects announced by Prime Minister Datuk Seri Anwar Ibrahim during the tabling of the motion on the 12th Malaysia Plan (12MP) Mid-Term Review (MTR) yesterday can be...
Miti says investment missions to Singapore achieve RM20b of committed FDI for Malaysia
KUALA LUMPUR, Sept 16 — The Ministry of Investment, Trade and Industry (Miti) has secured a total of RM20 billion of committed investments from Singapore since January 2023 with the latest of RM7 billion foreign direct investment (FDI) received from investors via the...
Anthony Loke: Transport Ministry proposes maritime development fund to continue in Budget 2024
KUALA LUMPUR, Sept 5 — The Ministry of Transport (MOT) has proposed that the loan fund provided to domestic shipping company operators be continued in Budget 2024, which will be tabled next month. Minister Anthony Loke Siew Fook said the maritime sector development...
MASA lauds Transport Ministry’s proposed funding to decarbonise shipping industry
KUALA LUMPUR: Malaysia Shipowners’ Association (MASA) expressed anticipation of the Transport Ministry’s proposed funding to aid decarbonisation in the shipping industry. The Transport Ministry, in a roundtable session organised by the Malaysian National Shippers’...
PM Anwar: 11 new transportation, logistics projects introduced
KUALA LUMPUR, Sept 11 — A total of 11 new transport and logistics projects have been introduced to ensure the development of a sustainable and resilient national infrastructure, said Prime Minister Datuk Seri Anwar Ibrahim today. The projects in question are the...
Airline traffic catching up with pre-Covid levels
KUALA LUMPUR, 30 August 2023: Expansion in international passenger markets in the Asia Pacific and China’s easing of travel restrictions spurred positive travel demand in July, closing in on pre-Covid levels. According to traffic data for July released by AAPA this...
Six Malaysian startups make it to Forbes Asia’s ‘100 to Watch’ list
PETALING JAYA: Six Malaysian startups have made it to Forbes Asia’s “100 to Watch” list, comprising firms in the fields of enterprise technology, agriculture, finance and e-commerce.The first Malaysian startup on the list, announced today, is Aerodyne, an enterprise...
Sabah to have own airline by 2024
PETALING JAYA: Sabah’s own airline is expected to take off by next year, says Sabah Air Aviation Sdn Bhd (SAASB) chairman Kenny Chua. He expected to sign agreements to lease at least three aircraft, not limited to Airbus or Boeing, by the end of this year....
Laos, Malaysia Ink Deal to Enhance Cross-Railway Cooperation
In a significant move to bolster their respective railway sectors and enhance regional trade within the Pan-Asian railway initiative, the Lao National Railway Enterprise (LNRE) and Keretapi Tanah Melayu Bhd (KTMB) have signed a memorandum of cooperation this month....