Local News
Northport Sets Record-Breaking Performance In Cargo Segment
Northport (Malaysia) Bhd (“Northport”), a member of MMC Group has set a new record for its conventional cargo business segment after surpassing 10,000,000 Freight Weight Tonnes (“FWTs”) of cargo throughput, the highest achievement of cargo handling in a single year...
Eni, Petronas, Euglena Looking To Build Biorefinery In Malaysia
Eni, Euglena, and Petronas will jointly study the possibility of developing and operating a biorefinery in the Pengerang Integrated Complex (PIC) in Malaysia. The three parties are currently carrying out technical and economic feasibility assessments for the proposed...
5G network ahead of schedule, says DNB
PETALING JAYA: Digital Nasional Bhd (DNB) says its 5G network is ahead of schedule and will exceed 40% coverage of populated areas (Copa) nationwide by December, on track to achieve the committed 80% Copa by 2024 or earlier. In a statement, the company said the 5G...
Is our tourism industry reaching maturity or still in its infancy
INSTEAD of looking for substantive facts and figures, the answer can easily be found in the presence, or absence, of sightseeing tours with daily departures using tour buses, with tourist guides at major cities and popular destinations. These half-day or full-day...
Vegetable and seafood prices go up in Malaysia due to heavy rains
PETALING JAYA - Vegetables and seafood now cost more in Malaysia due to a drop in yield caused by the rainy season, and if the bad weather persists, prices are expected to soar even higher for the Chinese New Year period. Malaysia’s Federation of Vegetable...
No Malaysians affected in Thailand railway blast incident, says Perlis exco
KANGAR: No Malaysians were affected in the railway blast incident in Sadao, Thailand on Saturday (Dec 3) afternoon, says Izizam Ibrahim, the Perlis executive council member in charge of border relations and cooperation. He said from the information he received the...
Malaysia’s 5G network recognised globally at prestigious Glotel award in London
KUALA LUMPUR, Dec 4 — Malaysia’s 5G network has been recognised globally at the prestigious Glotel award which acknowledges innovation and excellence in advancing and transforming telecommunications. The winners were revealed at the global awards ceremony in London...
Malaysian shipping struggling to catch up, while ports ‘anchors aweigh’ from troubled waters
KUALA LUMPUR: Malaysia’s Maritime industry had a mixed development in 2022 with the shipping business slowly steaming in rough waters in 2022, attempting to recover from the hard knocks of the Covid-19 pandemic, and rebuilding it amid a lack of directional stability,...
F&N to leverage on Cocoland to expand packaged food segment
KUALA LUMPUR: The acquisition of Cocoaland Holdings Bhd (Cocoaland) will enable Fraser & Neave Holdings Bhd (F&N) to tap into a market segment worth RM4.2 billion. In a statement, F&N said the acquisition of Cocoaland is a strategic move to realise the...
Ringgit retreats to open lower against US dollar
KUALA LUMPUR: The ringgit retreated from its gains last week to open lower against the US dollar on Tuesday, weighed by a strengthening greenback and declining crude oil prices, an analyst said. At 9 am, the local note eased to 4.5000/5100 against the US dollar from...