Local News

PUTRAJAYA, Jan 16 — The Ministry of Economy, in collaboration with the Ministry of Science, Technology, and Innovation (MOSTI), is working to improve the Research, Development, Commercialisation, and Innovation (RDCI) ecosystem in the country, addressing existing...

MALAYSIA, January 16, 2025 /EINPresswire.com/ --The Malaysia freight logistics market is a dynamic and rapidly evolving sector integral to the country’s economic growth. The sector facilitates the movement of goods across both domestic and international...

KUALA LUMPUR, Jan 12 — The Johor-Singapore Special Economic Zone (JS-SEZ) is a testament to Malaysia and Singapore’s shared vision of complementing each other’s strengths to drive economic progress, said Finance Minister II Datuk Seri Amir Hamzah Azizan. Amir Hamzah...

Singapore’s trade balance might be less susceptible to tariff risks expected under US president-elect Donald Trump’s second term. Within the ASEAN-6 countries, Singapore is the only economy that runs a consistent trade deficit against the US. This may render...

TOKYO, Japan: Japanese Prime Minister Shigeru Ishiba is visiting Malaysia and Indonesia to bolster defense and economic partnerships with key Southeast Asian nations amid rising tensions with China in the region. This trip, Ishiba's first for bilateral talks outside...

Sixty years ago, Singapore’s separation from Malaysia marked the painful collapse of a bold political experiment. What began as a union based on the promise of a shared future and a common market fell apart under the weight of irreconcilable political objectives and...

As disclosed, the 12 millionth TEU was recorded on the evening of December 23, 2024, surpassing its previous record of 11.2 million in 2021, which, at the time, was said to represent an annual increase of 14%, compared to 2020’s 9.8 million TEUs. “By...

KUALA LUMPUR, Jan 4 — Retreaded tyres and imported tyres from China have become the top choice among heavy vehicle operators, dominating 80 per cent of the commercial vehicle tyre market. Their affordability makes them highly sought after, with costs significantly...

PETALING JAYA: Bus and lorry services companies are grappling with a critical shortage of drivers, threatening their viability and sustainability, said Pan Malaysia Bus Operators Association president Datuk Mohamad Ashfar Ali. He said the affected sector, which...

Today, Malaysia sits at the heart of this transformation, uniquely positioned to harness the e-commerce boom sweeping across the region. Yet, to fully capitalise on its potential and not lose ground to its neighbours, Malaysia must confront key challenges, including...