Local News
Malaysia’s export-oriented businesses fret as deadline for US tariff deal draws near
KUALA LUMPUR – As Malaysian trade negotiators race against the clock to seal a deal that could reduce the Trump administration’s 25 per cent tariff rate before the Aug 1 deadline, the business community continues to grapple with the uncertainty. Given the...
China-Malaysia visa-free agreement: A golden gateway for tourism and logistics
In a world where travel often feels like a maze of forms and border checks, the recent extension of the mutual visa-free agreement between Malaysia and China is nothing short of a breath of fresh air. For five more years, citizens of both countries can now move across...
Malaysia’s export-oriented businesses fret as deadline for US tariff deal draws near
BANTING: The government is actively exploring ways to expand biodiesel usage nationwide as part of its push for cleaner and more sustainable fuel alternatives, said Plantation and Commodities Minister Datuk Seri Johari Abdul Ghani. He noted that while Malaysia’s...
SEKO Logistics Launches New Singapore Logistics Hub to Strengthen APAC Operations
SEKO Logistics (SEKO), the leader in end-to-end global logistics, today announced the relocation of its Singapore corporate office and warehouse to new facilities – marking a major milestone in the company’s Asia Pacific growth strategy. Strategically located in the...
As Scope 3 reporting deadline looms, Malaysian SMEs under pressure to provide sustainability disclosures
There is increasing pressure on small- and medium-sized enterprises (SMEs) in Malaysia to provide better sustainability disclosures. As Malaysia forges ahead with its 2050 net zero climate ambition, new policies are prompting businesses to embed sustainability...
DSV opens Singapore facility to boost logistics with Johor
Danish logistics giant DSV has launched a new facility in Singapore aimed at strengthening cross-border logistics with Malaysia. The Redlion2 facility will support the flow of goods across the Causeway and work in tandem with DSV’s Sunway City warehouse in Johor. The...
New tariff increases leave optical industry bracing for impact
With letters having recently been sent from the White House to several US trading partners about tariff increases set to take effect on August 1, The Vision Council has noted “significant implications for the optical industry’s international supply chains and bottom...
Govt establishes Malaysia Maritime Law Revision and Reform Committee
PUTRAJAYA: The government, through the Transport Ministry, has officially established the Malaysia Maritime Law Revision and Reform Committee (MLRRC). In a statement on Thursday (July 10), the ministry said the committee is chaired by Federal Court judge Tan Sri...
Global LNG: Asian spot prices fall on weak demand and rising supply
SINGAPORE: Asian spot liquefied natural gas (LNG) eased this week as subdued demand, rising supply and ample inventories weighed on prices, while the ceasefire between Israel and Iran reduced risk premiums. The average LNG price for August delivery into north-east...
Road closures in stages for 58th Asean Foreign Ministers’ Meeting, says Bukit Aman
PETALING JAYA: Rolling road closures will be implemented in Kuala Lumpur and other affected areas in conjunction with the 58th Asean Foreign Ministers’ Meeting (AMM) and Related Meetings. Bukit Aman Traffic Investigation and Enforcement Department director Comm Datuk...