Local News
Malaysia moving to join BRICS PM
Kuala Lumpur has made its decision, Anwar Ibrahim has said Malaysia has decided to apply for BRICS membership and will start filing the official paperwork soon, Prime Minister Anwar Ibrahim has said. The 77-year-old leader of the Southeast Asian nation mentioned the...
East and Southeast Asian Ports Dominate 2023 Global Container Port Performance Index
The latest edition of the Global Container Port Performance Index (CPPI) shows East and Southeast Asian ports leading the pack in 2023, with 13 out of the top 20 spots. The fourth iteration of the CPPI, developed by the World Bank and S&P Global Market...
Anthony Loke to lead delegation to China for 50th anniversary of diplomatic relations
KUALA LUMPUR, June 5 — Transport Minister Anthony Loke is leading a delegation to visit Hong Kong and China from June 6 to 9 in conjunction with the 50th anniversary of establishing diplomatic relations between Malaysia and China. He will attend the Official 50th...
Malaysia aims to showcase 40 5G private network use cases
The government of Malaysia said there are currently 12 enterprise projects involving 5G trials across various sectors Malaysia plans to present at least 40 5G private network use cases in sectors such as manufacturing, oil and gas, logistics and healthcare, ahead of...
Malaysia cuts diesel subsidies, with hopes that handouts will cushion inflation impact
KUALA LUMPUR – Malaysia will cut diesel subsidies and float retail prices to the market rate of RM3.35 per litre, an increase of about 55 per cent from RM2.15, starting from June 10. The move, however, will not have much impact on the country’s inflation rate –...
As shipping supply chains are interrupted by wars, how is Southeast Asia faring?
D isruptions to shipping supply chains are being felt globally due to the conflict in Gaza and related attacks on ships by Houthi militias, as well as Russia’s invasion of Ukraine, but they are not the only tension points stressing global sea lanes. Southeast Asian...
Transport Ministry: Cable-laying ships exempted from cabotage policy starting June 1
UALA LUMPUR, May 30 ― Starting June 1, all cable-laying ships engaged in the installation, maintenance and repair of submarine telecommunication cables landed at any submarine cable landing centre in Malaysian waters are exempt from the cabotage policy. The Transport...
Johor-Singapore SEZ: Pengerang’s potential as hub for ‘spillover’ business renews optimism for area’s development
KOTA TINGGI, Johor: Tucked away in the southeastern tip of peninsular Malaysia is a large swathe of land with rows upon rows of oil storage tanks and cooling towers with dark smoke billowing from above. The Pengerang Integrated Petroleum Complex (PIPC) - which...
Diesel subsidy rationalisation due to 10-fold increase in cost to Malaysian government: finance minister II
The decision to rationalise diesel fuel subsidy in Malaysia was due to the cost to the government, which had increased by 10 times in just five years, The Star reported. The Malaysian government had paid RM14.3 billion in diesel subsidy last year,...
Malaysia finally reinstates cabotage exemption for undersea cable repair ships
Malaysia has finally reinstated the cabotage policy exemption for foreign ships to conduct laying, maintenance and repairs of submarine telecommunication cables in Malaysian waters effective 1st June 2024. This comes after Transport Minister Anthony Loke announced in...