Local News
Budget 2024: Seeking Climate Action-focused Support
SMALL and medium-sized enterprises (SMEs) account for about 97% of Malaysia’s total businesses, making them the backbone of the country’s economy. This also indicates that large-scale environmental, social and governance (ESG) adoption across the country is also...
Update laws on cargo weight limits, lorry association urges govt
PUCHONG: The Malaysia Tipper Lorry Operator's Association has called on the government to update laws governing cargo weight limits. Its chairman Datuk Michael Loo Leep Chye said the current capabilities of 10 and 12 tyre tipper trucks could carry more weight safely...
Government to help businesses grow and prosper in Malaysia
PETALING JAYA: To ensure the country’s economic growth, the government aims to become more pro-business with the aim of making doing business in Malaysia considerably easier overall. Transport Minister Anthony Loke Siew Fook said the private sector is the engine of...
Malaysia: Executing Ship Arrests In Malaysia
Ship arrest is a unique and powerful feature in admiralty practice, whereby claimants can arrest a ship before judgment is obtained in a suit as a security for the claimant’s claim. This feature follows the same position as in England by virtue of Section 24(b) of the...
Tengku Zafrul: Malaysia can attract more investors as more supply chains shift in Asia
KUALA LUMPUR, Sept 12 ― Malaysia has huge potential to attract more investors to the country if it takes advantage of the shift in supply chains in Asia as multinational companies diversify their production hubs in the region. Investment Trade and Industry Minister...
12MP: Johoreans hope new transport, logistics projects will be expedited
JOHOR BAHRU: The people of Johor hope that the implementation of the new transport and logistics projects announced by Prime Minister Datuk Seri Anwar Ibrahim during the tabling of the motion on the 12th Malaysia Plan (12MP) Mid-Term Review (MTR) yesterday can be...
Miti says investment missions to Singapore achieve RM20b of committed FDI for Malaysia
KUALA LUMPUR, Sept 16 — The Ministry of Investment, Trade and Industry (Miti) has secured a total of RM20 billion of committed investments from Singapore since January 2023 with the latest of RM7 billion foreign direct investment (FDI) received from investors via the...
Anthony Loke: Transport Ministry proposes maritime development fund to continue in Budget 2024
KUALA LUMPUR, Sept 5 — The Ministry of Transport (MOT) has proposed that the loan fund provided to domestic shipping company operators be continued in Budget 2024, which will be tabled next month. Minister Anthony Loke Siew Fook said the maritime sector development...
MASA lauds Transport Ministry’s proposed funding to decarbonise shipping industry
KUALA LUMPUR: Malaysia Shipowners’ Association (MASA) expressed anticipation of the Transport Ministry’s proposed funding to aid decarbonisation in the shipping industry. The Transport Ministry, in a roundtable session organised by the Malaysian National Shippers’...
PM Anwar: 11 new transportation, logistics projects introduced
KUALA LUMPUR, Sept 11 — A total of 11 new transport and logistics projects have been introduced to ensure the development of a sustainable and resilient national infrastructure, said Prime Minister Datuk Seri Anwar Ibrahim today. The projects in question are the...