Local News
Customs to aid Labuan transhipments
Published on: Sunday, May 21, 2023 By: Bernama The new SOP and monitoring procedures would benefit players in the transhipment industry in Sabah and Labuan. - Bernama pixLABUAN: The Royal Malaysian Customs Department will facilitate the transhipment activities for...
Act now to avert potential water supply woes, govt urged
PETALING JAYA: The El Nino weather phenomenon will begin soon, bringing with it dry weather and the threat of drought. If Malaysia does not want to face a water crisis, the time to act is now: the government must look into several issues urgently. ALSO...
Malaysia ranks 45th out of 88 in global trade barrier index
Published on: Wednesday, May 10, 2023 By: FMT PETALING JAYA: Malaysia has ranked 45th out of 88 countries in the International Trade Barrier Index (TBI) 2023, according to the Washington DC think tank Tholos Foundation in partnership with Malaysia’s Center for Market...
Judge calls for reform of maritime laws
KUALA LUMPUR: Given the rise of transnational commercial trade, Malaysia needs a robust framework of legal and regulatory instruments that govern maritime activities to ensure that the maritime industry achieves sustainable growth, said Federal Court judge Datuk...
Westports posts higher 1Q net profit of RM183.59mil
KUALA LUMPUR: Westports Holdings Bhd reported a throughput volume of 2.55 million TEUs in the first quarter of 2023 with much of the volume underpinned by intra-Asian shipments. The port operator reported a pre-tax profit of RM236.88mil in 1QFY23, lower than...
Anthony Loke: Transport Ministry’s Logistics Unit to be upgraded to division level
The Ministry of Transport’s (MOT) Logistics Unit will be upgraded to a division to better address any issues in the sector, said its Minister Anthony Loke Siew Fook. He hoped that the move to upgrade the unit would result in an effective logistics system that would...
Loke: NSPC reactivation to improve local maritime industry
KUALA LUMPUR: The reactivated National Shipping and Port Council (NSPC) will hold its first meeting in two months to discuss the direction of the maritime industry, address current issues and examine related policies to ensure that the local industry remains...
PM: Requests for 20% EPF contributions will be discussed
PUTRAJAYA: Calls by employees for employers to contribute 20% towards the Employees Provident Fund (EPF) will be discussed, said Datuk Seri Anwar Ibrahim. “We have received such a request but have yet to discuss it. “It will be brought to the Cabinet for discussion,”...
Water taxis on Port Klang-KL river route?
DURING the Shah Alam City Council full board meeting on April 19, Shah Alam mayor Dr Nor Fuad Abdul Hamid was reported to have said, “In the near future, the Klang River will be a maritime attraction, like a waterfront.” He added that “in addition to a beautiful...
Malaysia is second best-performing Asean country in World Bank’s logistics index
KUALA LUMPUR: Malaysia was ranked the second best-performing Asean country in the World Bank Logistics Performance Index (LPI) 2023, behind Singapore. According to The World Bank's website, the LPI serves as a benchmarking tool to help countries identify the...