Local News
Penang’s new ferry service begins with first passengers
GEORGE TOWN:Penang's newest ferry service began on Monday (Aug 6) with the arrival of Teluk Kampi at the Raja Tun Uda ferry terminal on the island carrying its first batch of pedestrians and two-wheelers. On board the ferry were Chief Minister Chow Kon Yeow, Penang...
Environmental preservation no longer just corporate social responsibility, says Nik Nazmi
KUALA LUMPUR, Aug 1 — The aspect of environmental preservation in corporate affairs is no longer just corporate social responsibility (CSR) but needs to be an enabler in expanding businesses and creating new values. -ADVERTISEMENT- Minister of Natural Resources,...
Westports second quarter net profit rises to RM194.76m
KUALA LUMPUR, July 27 — Westports Holdings Bhd’s net profit for the second quarter ended June 30, 2023 (2Q FY2023) rose to RM194.76 million from RM162.29 million a year ago, attributed to the reduction in fuel cost. Revenue widened to RM542.64 million compared to...
Airline passenger traffic grew in June
KUALA LUMPUR, 28 July 2023: Recovery in international passenger markets remains robust, as travel demand grew in June despite inflationary pressures and the weakness in regional currencies according to preliminary June 2023 traffic figures released this week by...
Petronas, other firms invest in green fuel
KOTA KINABALU: Petronas is diversifying its portfolio to include biofuels as part of the company’s offerings. As technical partner of Mercedes-AMG Petronas Formula One Team, Petronas aims to supply advanced sustainable fuel in support of new engine regulations and...
Nusantara, the new gateway for Malaysia-Indonesia cooperation
Of late, Indonesia’s President Joko “Jokowi” Widodo has been hard at work promoting foreign investment in Indonesia’s future new capital, Nusantara, slated to replace Jakarta as the center of administration by 2024. The President’s whirlwind visits in June 2023 to...
Johor plans to build logistics centre in Simpang Renggam, says MB
KLUANG, July 21 — The Johor government plans to build a logistics hub in the Simpang Renggam area because of its strategic location, which is in the centre of the state. Menteri Besar Datuk Onn Hafiz Ghazi said the Simpang Renggam area also has close access to three...
Customs e-ATTENDANCE system to benefit Labuan’s freight, forwarding shipping agents
LABUAN (July 21): The e-ATTENDANCE digital system, developed by the Royal Malaysian Customs Department (Customs) in Labuan has benefitted the freight forwarding and shipping agents on the duty-free island since its trial-run on April 1. The system, which is used for...
AirAsia’s logistics venture acquiring more aircraft to strengthen operations in Southeast Asia
Kuala Lumpur, Malaysia―Teleport, the logistics venture seeded by Capital A Berhad (AirAsia), is acquiring more aircraft to strengthen its position as the market leader in Southeast Asia, including the Philippines. Pete Chareonwongsak, chief executive of Teleport, said...
Tesla’s model Y to hit Malaysian roads next year
PETALING JAYA: Environmentally-conscious Malaysian car lovers will soon get to cruise the highway in a Tesla.The all-electric vehicle manufacturer has just launched its Model Y in Malaysia and the first car will likely be delivered early next year, the company said in...