Local News
New 10pc tax: What Malaysians need to know when buying products online below RM500 from overseas.
KUALA LUMPUR, Dec 17 — How much more will you need to pay the next time you go shopping online and buy items priced under RM500, once Malaysia starts imposing a new 10 per cent sales tax on such goods delivered from abroad next year? Here’s everything you need to know...
Malaysia must strengthen ports, logistics services to maintain competitive edge, says Transport Minister
PUTRAJAYA: There must be continuous efforts to strengthen Malaysia’s competitive edge in ports and logistics services to attract more trade flow into the country, says Anthony Loke. The Transport Minister said while the country should be mindful of the competition,...
Signs of recovery in the transportation sector
PETALING JAYA: Emerging signs of recovery in China, a further pick-up in tourism activity and a stronger momentum in trade has led RHB Research to upgrade its call on the transportation sector to “overweight”. The research house said in a note that signs of recovery...
Malaysian ports commence future-proof strategies
Consumer demand shock, an increase in e-commerce trade, a shift in trade direction, crude oil price fluctuation, freight rates, and port congestion are some of the issues that ports confront worldwide. Universiti Malaysia Terengganu adjunct professor and distinguished...
‘Time to designate Labuan as full-fledged offshore financial centre’
ABUAN: A group of industry experts and stakeholders are calling for Labuan Island to be designated as a full-fledged offshore financial center and for clear policies for offshore enterprises to be established, aiming to attract international investors with tax...
ECRL freight, passenger services price structure most likely to be unveiled in 2026
KUALA LUMPUR: The price structure for the East Coast Rail Link's (ECRL) freight and passenger services will most likely be unveiled in 2026, says Malaysia Rail Link (MRL) Sdn Bhd chief executive officer Datuk Seri Darwis Abdul Razak. Addressing senior media...
Malaysia re-elected to International Maritime Organisation for 10th straight time
ONDON (Dec 2): Malaysia has been re-elected to the International Maritime Organisation (IMO) Council under Category C for the 2024-2025 term, marking Malaysia’s victory for the 10th consecutive time. Transport Minister Anthony Loke said Malaysia was placed 10th out of...
Malaysia must quickly assess potential impact of Thailand’s land bridge project, say experts
ALOR SETAR, Dec 3 — Malaysia cannot afford to wait until Thailand has realised its plan to build a land bridge between the Indian and Pacific Oceans before taking the necessary measures to benefit from the project, according to an economic expert. Associate Prof...
Fire Dept’s third airbase planned near Senai airport
JOHOR is expected to be the third airbase for the Fire and Rescue Department after Penang and Subang, according to its director-general Datuk Seri Abdul Wahab Mat Yasin. He said the agency was currently in discussion with state government and the land and mines office...
Loke: Enhance our ports instead of worrying about Thailand land bridge.
Malaysia must be steadfast in enhancing its ports’ competitiveness and productivity, instead of worrying about Thailand’s proposed land bridge project, said Transport Minister Anthony Loke. “What’s important is that we must improve ourselves in terms of efficiency,...