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JPJ to Review SOP and Regulations for Heavy EVs
THE review process will involve a comprehensive analysis of the current regulations and SOPs related to the transportation sector, with a specific focus on their applicability to electric vehicles. This analysis will identify areas where modifications and updates...
Reconsider proposals relating to SST – Guan Eng
KUALA LUMPUR: The government has been urged to reconsider and postpone for the time being the proposal regarding the (sales and) service tax (SST). According to Budget 2024, the government plans to increase the SST rate to 8.0 percent from 6.0 percent, not inclusive...
Johor’s T industrial Park attracts RM 800m from US-based Alton Industry.
PETALING JAYA: T Industrial Park is poised for full take-up in three of its nine phases, covering a total of 572.2 acres, driven by a substantial RM800 million investment by the US-based appliances supplier Alton Industry Ltd Group. Positioned as Pontian’s...
Local Govt Ministry deputy sec-gen: 1,144 Fire Dept assets tested today, all set to face monsoon season
PEKAN, Oct 21 — The Malaysian Fire and Rescue Department (JBPM) inspected and tested 1,144 assets today and declared they were in good condition, said the Deputy Secretary-General (Housing and Community Wellbeing) of the Ministry of Local Government Development...
Port Of Tanjung Pelepas Sets New Shift Volume Records
Port of Tanjung Pelepas Sdn Bhd (PTP), a joint venture between MMC Group and APM Terminals, secured another milestone when the terminal successfully sets a new shift volume record with 13,700 quayside moves in a single 12 hours shift, breaking its own previous shift...
Transport, logistics infrastructure development to boost trade activities
KUALA LUMPUR: The government will focus on developing infrastructure for transportation and logistics to suit current demands to attract more investors and tourists, besides boosting trade activities, said Prime Minister Datuk Seri Anwar Ibrahim. He said an allocation...
Despite reforms, Malaysia seeks to spend its way out of rough economic waters with Budget 2024
KUALA LUMPUR – Prime Minister Anwar Ibrahim on Friday unveiled Malaysia’s biggest-ever budget, pencilling in RM393.8 billion (S$114 billion) to be spent in 2024 to counter slowing growth from global headwinds that are expected to persist in the new year. This is his...
‘Govt must boost domestic spending’
BUSINESS organisations want the Federal Government to draw up incentives and stimulus packages to spearhead the country’s economy under Budget 2024. Johor Baru Chinese Chamber of Commerce and Industry president Low Kueck Shin said many companies were still struggling...
Transport Ministry working to enhance Port Klang’s role as regional transshipment hub
KLANG: The Transport Ministry is striving to further strengthen Port Klang’s role as a leading goods transshipment hub in the Asean region. Its minister Anthony Loke Siew Fook (pix) said that among the government’s efforts to strengthen the port’s role was the meeting...
Prioritise public transportation over EV subsidies, Zafrul told
PETALING JAYA: A transport consultant has urged investment, trade and industry minister Tengku Zafrul Aziz to reconsider plans to subsidise the purchase of electric vehicles, saying it is a regressive idea.“Subsidies should instead be directed towards public...
PTP joins Malaysia-Australia decarbonization initiative to fuel maritime transformation
The Malaysian Port of Tanjung Pelepas (PTP), a joint venture between APM Terminals (30%) and the MMC Group, has been selected to join the Partnerships for Infrastructure (P4I) initiative, a government-to-government decarbonization scheme between Malaysia and...
Malaysia’s 2023 economic growth expected to moderate to 3.9% – World Bank
KUALA LUMPUR: Malaysia’s economic growth is expected to moderate to 3.9 per cent in 2023 from an earlier projection of 4.3 per cent in April this year amid a substantial deceleration of external demand, according to the World Bank today. However, it said, domestic...
Budget 2024: Seeking Climate Action-focused Support
SMALL and medium-sized enterprises (SMEs) account for about 97% of Malaysia’s total businesses, making them the backbone of the country’s economy. This also indicates that large-scale environmental, social and governance (ESG) adoption across the country is also...
Update laws on cargo weight limits, lorry association urges govt
PUCHONG: The Malaysia Tipper Lorry Operator's Association has called on the government to update laws governing cargo weight limits. Its chairman Datuk Michael Loo Leep Chye said the current capabilities of 10 and 12 tyre tipper trucks could carry more weight safely...
Government to help businesses grow and prosper in Malaysia
PETALING JAYA: To ensure the country’s economic growth, the government aims to become more pro-business with the aim of making doing business in Malaysia considerably easier overall. Transport Minister Anthony Loke Siew Fook said the private sector is the engine of...
Malaysia: Executing Ship Arrests In Malaysia
Ship arrest is a unique and powerful feature in admiralty practice, whereby claimants can arrest a ship before judgment is obtained in a suit as a security for the claimant’s claim. This feature follows the same position as in England by virtue of Section 24(b) of the...
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...