Local News
Johor’s one-stop investment centre to be ready this year, says MB
JOHOR BARU: The one-stop centre to facilitate investment in Johor is expected to be completed this year, says Datuk Onn Hafiz Ghazi. The Mentri Besar said the centre, among the initiatives in the Johor-Singapore special economic zone (JS-SEZ), will be the first of its...
Malaysia’s tax collection among the lowest in the region
KUALA LUMPUR: Malaysia is one of the lowest tax revenue collectors in Southeast Asia, with a tax-to-gross domestic product (GDP) ratio of 11.8 per cent.Malaysia University Science and Technology (MUST) economist Prof Emeritus Dr Barjoyai Bardai said Malaysia fell...
XLP member, Megalift Transport for East Coast rail link (ECRL) project in Malaysia
This month, the Megalift team and equipment are occupied with the handling of shipments for East Coast Rail Link (ECRL) project. They have 6 units of locomotives entering via Kuantan Port and 95 units of wagons that arrived in Port Klang, both via conventional...
Domestic trade minister: Govt plans to retarget diesel subsidies by June this year
Domestic trade minister: Govt plans to retarget diesel subsidies by June this year. Rererence: https://www.malaymail.com/news/malaysia/2024/02/01/domestic-trade-minister-govt-plans-to-retarget-diesel-subsidies-by-june-this-year/115771
Malaysia to participate in military exercise in Thailand
BANGKOK: Malaysia will join the 43rd Cobra Gold, the world's longest-running and largest multinational military exercise in South-east Asia, alongside troops from 30 nations in Thailand from February 27 to March 10.Co-hosted by the Royal Thai Armed Forces and the...
2024 will be another year of transition for M’sian economy -Economists
KUALA LUMPUR: Economic growth for 2023 will be below 4% as we forecast this time last year. This is positive but slower than in the past because of the transition to a new era of lower underlying growth due to the damage of Covid-19 policies. We see slower growth...
DTDC WIDENS ITS PRESENCE BY LAUNCHING OPERATIONS IN MALAYSIA, SETS SIGHTS ON SOUTHEAST ASIAN EXPANSION
DTDC in India covers approximately 96% of the population through 16,000+ physical customer access points and has a global reach of 220+ destinations. DTDC has expanded its presence in SEA with its new Malaysia office apart from its existing...
Singapore’s Just In Time Planning and Coordination Platform
The Maritime and Port Authority of Singapore is implementing a scheme titled “Just-in-Time” for vessels arriving at its terminals and berths in Singapore. Our correspondent Spica reports that the purpose of this scheme is three-fold. Firstly to match vessels with...
Groundbreaking ceremony of Kuala Linggi International Port
Scheduled for completion in 42 months, KLIP’s vision is to transform Kuala Sungai Linggi into a Green Global Industrial Hub for Energy Source, Port and Maritime Services. The development plan includes the construction of tank storage, shipyard, heavy...
Hike in drug prices expected soon
PETALING JAYA: Amid reports of pharmaceutical drug prices rising in the United States, the same may apply to Malaysia soon. Malaysian Pharmacists Society (MPS) president Prof Amrahi Buang said if drugmakers moved to raise prices in the United States, the prices of...