Local News
Johor Port registers record container throughput of 102,324 TEUs in August
KUALA LUMPUR: Johor Port Bhd, a member of MMC Group, registered a record monthly throughput of 102,324 TEUs in August 2024, surpassing the previous record of 99,039 TEUs in July 2019. Over the first eight months of 2024, the port recorded a throughput of 698,914 TEUs,...
Renewed MOU with China will benefit local exporters, says Matrade chairman
KUALA LUMPUR: The Malaysia External Trade Development Corporation (Matrade) has renewed a memorandum of understanding (MOU) with the China Construction Bank Malaysia Berhad (CCBM) to benefit businesses in both countries. Matrade chairman Datuk Seri Reezal Merican...
With Mahathir as adviser, Malaysia’s four opposition states join forces to beef up lagging economies
KUALA LUMPUR - Four Malaysian states controlled by federal opposition alliance Perikatan Nasional (PN) have closed ranks to jointly beef up their economies, as their leaders move to strengthen their grip on the Malay-belt states. With Tun Dr Mahathir Mohamad as their...
Loke urges Port Klang authority to enter top 10 busiest port list
KLANG: Transport Minister Anthony Loke Siew Fook has urged the Port Klang Authority to be more proactive in increasing port productivity to ensure it is listed among the world’s top 10 busiest this year. “I am confident that this target is achievable because, among...
Critical minerals boom will have major impact on Malaysia’s real estate market: Juwai IQI
PETALING JAYA: Without the materials called “rare earths” and “critical minerals,” electric cars will not run, laptop computers will not boot up, solar panels and wind turbines will not generate power and mobile phones will not make a single call. The shift to green...
Young NSP ambassadors tour Malaysia, Thailand
Two groups of 12 young Taiwanese agricultural ambassadors are touring Malaysia and Thailand as part of a New Southbound Policy exchange program. Accompanied by officials from the Ministry of Agriculture (MOA) and Ministry of Foreign Affairs (MOFA), the two groups left...
“India, Singapore and Malaysia steady markets for South African top fruit”
India, Singapore, Malaysia as well as Bangladesh remain important markets for South African apples and pears. Eon Smit, commercial director of Fruitworks, based in Paarl says, "Asia Fruit Logistica is a space where we as the three companies come together to spend...
Malaysia’s MITEC hosts 11,000 finance leaders
The Malaysia International Trade and Exhibition Centre (MITEC) recently hosted The 15th Worldwide Chinese Life Insurance Congress & 2024 IDA Annual Conference, which brought together 11,000 global financial insurance elites for a mega convention across four days....
Malaysia begins exporting fresh durians to China
KUALA LUMPUR, Aug. 24 (Xinhua) -- Malaysia has started exporting fresh durian to China, with 40 metric tons of the popular tropical fruit to be sent in three phases starting Saturday, according to Agriculture and Food Security Deputy Minister Arthur Joseph Kurup. The...
Malaysia targets emerging markets with new Matrade office in Karachi, says Tengku Zafrul
NEW DELHI, Aug 25 — The Malaysia External Trade Development Corporation (Matrade) will open an office in Karachi, Pakistan, as part of Malaysia’s growing focus on emerging markets. In key growth areas, Malaysia is looking at boosting trade with South Africa, Libya,...