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Tengku Zafrul: Malaysia can attract more investors as more supply chains shift in Asia
KUALA LUMPUR, Sept 12 ― Malaysia has huge potential to attract more investors to the country if it takes advantage of the shift in supply chains in Asia as multinational companies diversify their production hubs in the region. Investment Trade and Industry Minister...
12MP: Johoreans hope new transport, logistics projects will be expedited
JOHOR BAHRU: The people of Johor hope that the implementation of the new transport and logistics projects announced by Prime Minister Datuk Seri Anwar Ibrahim during the tabling of the motion on the 12th Malaysia Plan (12MP) Mid-Term Review (MTR) yesterday can be...
Miti says investment missions to Singapore achieve RM20b of committed FDI for Malaysia
KUALA LUMPUR, Sept 16 — The Ministry of Investment, Trade and Industry (Miti) has secured a total of RM20 billion of committed investments from Singapore since January 2023 with the latest of RM7 billion foreign direct investment (FDI) received from investors via the...
Anthony Loke: Transport Ministry proposes maritime development fund to continue in Budget 2024
KUALA LUMPUR, Sept 5 — The Ministry of Transport (MOT) has proposed that the loan fund provided to domestic shipping company operators be continued in Budget 2024, which will be tabled next month. Minister Anthony Loke Siew Fook said the maritime sector development...
MASA lauds Transport Ministry’s proposed funding to decarbonise shipping industry
KUALA LUMPUR: Malaysia Shipowners’ Association (MASA) expressed anticipation of the Transport Ministry’s proposed funding to aid decarbonisation in the shipping industry. The Transport Ministry, in a roundtable session organised by the Malaysian National Shippers’...
PM Anwar: 11 new transportation, logistics projects introduced
KUALA LUMPUR, Sept 11 — A total of 11 new transport and logistics projects have been introduced to ensure the development of a sustainable and resilient national infrastructure, said Prime Minister Datuk Seri Anwar Ibrahim today. The projects in question are the...
Airline traffic catching up with pre-Covid levels
KUALA LUMPUR, 30 August 2023: Expansion in international passenger markets in the Asia Pacific and China’s easing of travel restrictions spurred positive travel demand in July, closing in on pre-Covid levels. According to traffic data for July released by AAPA this...
Six Malaysian startups make it to Forbes Asia’s ‘100 to Watch’ list
PETALING JAYA: Six Malaysian startups have made it to Forbes Asia’s “100 to Watch” list, comprising firms in the fields of enterprise technology, agriculture, finance and e-commerce.The first Malaysian startup on the list, announced today, is Aerodyne, an enterprise...
Sabah to have own airline by 2024
PETALING JAYA: Sabah’s own airline is expected to take off by next year, says Sabah Air Aviation Sdn Bhd (SAASB) chairman Kenny Chua. He expected to sign agreements to lease at least three aircraft, not limited to Airbus or Boeing, by the end of this year....
Laos, Malaysia Ink Deal to Enhance Cross-Railway Cooperation
In a significant move to bolster their respective railway sectors and enhance regional trade within the Pan-Asian railway initiative, the Lao National Railway Enterprise (LNRE) and Keretapi Tanah Melayu Bhd (KTMB) have signed a memorandum of cooperation this month....
Cops nab 15 men in shipping industry for misappropriating diesel
The syndicate have caused the oil and gas company to incur RM13.5 million losses. KUALA LUMPUR: Police busted a syndicate for misappropriating diesel of the country’s leading oil and gas company after 15 men were arrested in an operation across several states on...
Taiwan investment in Malaysia this year expected to surge to US$400m
KUALA LUMPUR: Taiwanese investment in Malaysia is projected to surge to US$400 million (RM1.85 billion) this year, up from US$80 million in 2022, due to Taiwan’s recognition of Malaysia as its vital partner in the high-tech sector. In an exclusive interview...
Over 100,000 expected to attend National Day 2023 celebration in Putrajaya
PUTRAJAYA: Preparations for the 2023 National Day Celebration in Putrajaya on Aug 31 are in full swing, with over 100,000 people expected to attend the event. Its working committee secretary Mazlan Abd Mutalib said various parties including government agencies,...
Working for smooth border connectivity
THE Johor Immigration Department has always maintained a good working relationship with its Singapore counterpart especially with regard to border issues, says its director Baharuddin Tahir. He said there was a recent study tour involving officers from various...
Volunteering to build caring communities
Nothing says as much about the strength of a nation than how it cares for the weakest, the forgotten and those who have fallen through the cracks of society. Volunteering releases society- building powers and transforms a community for the better. From soup kitchens...
MICCI, Tapa form tie-up to reduce losses in supply chain
PETALING JAYA: The Malaysian International Chamber of Commerce and Industry (MICCI) has inked a memorandum of understanding (MoU) with the Transported Asset Protection Association (Tapa) Asia-Pacific to collaborate and provide value to manufacturers, brand owners and...
Nine Malaysian firms on Forbes Asia list
PETALING JAYA: Forbes Asia has named nine Malaysian companies as part of its “Best Under A Billion 2023” list. The list highlights 200 Asia-Pacific public companies with revenues under US$1bil that have displayed consistent growth in both their top and bottom lines....
Fire aboard cargo vessel en route to Port Klang completely extinguished
SHAH ALAM, Aug 13 — The fire that broke out in several containers onboard a cargo ship en route to Port Klang near here early today, has been completely extinguished. Selangor Fire and Rescue Department director Wan Md Razali Wan Ismail in a statement said they were...
Driving clean growth for a sustainable Malaysia
We need to decouple economic growth from resource consumption IMAGINE, if instead of discarding things after using them, we find ways to give them new life. That's the idea behind a circular economy – creating a system in which we make the most of our resources by...
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...