Local News
Malaysia’s KTMB partners China’s Cosco to start freight service sending cargo from ports to north peninsula to take load off roads
KUALA LUMPUR, March 15 — Starting today, some 400 wagons of goods are to be transported via trains connecting Penang Port, Port Klang and Padang Besar every month, as part of a new rail-and-sea service that seeks to supplement Malaysia’s existing cargo transport...
Reka: Malaysia warming up to autonomous vehicles
PETALING JAYA: Malaysia is preparing for the future of mobility with growing interest in autonomous vehicles, which are expected to increase significantly in the next decade. According to Mohd Amri Mohd Din, the COO of local AI automation company Reka, the...
Floods and old trees in Malaysia set to tighten the global palm oil market
The global palm oil market is expected to tighten this year as floods and older trees constrain production in the world’s second-biggest supplier, a major Malaysian growers group said. Indonesia and Malaysia might only see a marginal increase in output this year of...
KTMB must develop D2D services to remain competitive in cargo delivery
KUALA LUMPUR: Keretapi Tanah Melayu Bhd (KTMB) must develop logistics schemes such as door-to-door (D2D) or just-in-time (JIT) cargo delivery services to remain competitive in the future. Mohd Shahriman Shafein, the director-general of rail at the Ministry of...
PM Anwar wants RM600m flood mitigation projects to be expedited as heavy rains lash Malaysia
SEGAMAT, March 5 — Prime Minister Datuk Seri Anwar Ibrahim has given his assurance that the flood mitigation projects, especially in Johor, will be expedited and need to commence from June this year. He said the tendering process for the projects needs to be done as...
Malaysia Airlines to use IBS Software’s AI and ML technology
IBS Software will support MAB’s efforts to ‘revolutionise’ its flight operations. Malaysia Airlines Berhad (MAB), the flag carrier of Malaysia, has signed an agreement with IBS Software for the use of its machine learning (ML) and artificial intelligence...
Positive response from transport sector
Most industry players and subject matter experts applaud Anwar’s budget for its fairness, transparency and comprehensiveness THE revised Budget 2023 tabled by Prime Minister (PM) Datuk Seri Anwar Ibrahim, who is also the finance minister, received a favourable...
Finance Ministry to fine-tune meaning of luxury goods before tax this year
KUALA LUMPUR, Feb 27 — Putrajaya will provide a clear definition of luxury goods before imposing tax on them as proposed in the retabled Budget 2023 this year, according to Deputy Finance Minister Steven Sim Chee Keong. The luxury goods tax will be implemented this...
Budget 2023: Greater roles for Penang and Subang airports, TRX, Iskandar Malaysia; new industrialisation master plan soon
KUALA LUMPUR, Feb 24 — Prime Minister Datuk Seri Anwar Ibrahim announced Tun Razak Exchange (TRX) in Kuala Lumpur and Iskandar Malaysia in Johor will become financial zones, while the Penang and Subang airports would be upgraded as it would be cheaper than building a...
DPM Zahid: Malaysia can be top regional maintenance, repair and overhaul service provider for aviation industry
KUALA LUMPUR, Feb 23 — Malaysia must take the lead in being the region’s top Maintenance, Repair and Overhaul (MRO) service provider for the aviation industry, said Deputy Prime Minister Datuk Seri Ahmad Zahid Hamidi. -ADVERTISEMENT- He said in doing so, the Malaysian...