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AirAsia’s logistics venture acquiring more aircraft to strengthen operations in Southeast Asia
Kuala Lumpur, Malaysia―Teleport, the logistics venture seeded by Capital A Berhad (AirAsia), is acquiring more aircraft to strengthen its position as the market leader in Southeast Asia, including the Philippines. Pete Chareonwongsak, chief executive of Teleport, said...
Tesla’s model Y to hit Malaysian roads next year
PETALING JAYA: Environmentally-conscious Malaysian car lovers will soon get to cruise the highway in a Tesla.The all-electric vehicle manufacturer has just launched its Model Y in Malaysia and the first car will likely be delivered early next year, the company said in...
Malaysia palm oil stocks rise
KUALA LUMPUR, Malaysia’s palm oil inventories rose at the end of June but at a much slower than expected pace, as production declined and exports jumped, data by the country’s palm oil board showed on Monday. Stockpiles at the world’s second largest producer gained...
Malaysia leads the way in 5G connectivity, says Opensignal report
KUALA LUMPUR: Malaysia has become a global leader in 5G connectivity with fast and reliable networks, according to the most recent benchmarking study “Benchmarking the Global 5G Experience - June 2023” by Opensignal, a website specialising in mobile network...
Mida: Malaysia remains attractive for MNCs in global manufacturing supply chain
Malaysia is an attractive investment destination for multinational companies (MNCs) because of its outstanding advantages in the global manufacturing supply chain, said the Malaysian Investment Development Authority (Mida). Picture by Farhan Najib GEORGE TOWN, July 9...
China-Vietnam-Malaysia shipping service starts
KOTA KINABALU: Sapangar Bay Container Port (SBCP) marked the launch of logistics firm SITC’s new China-Vietnam-Malaysia (CVM) container shipping service welcoming the “MV. HF Spirit” (pic).Under the CVM route, SITC would provide weekly direct services calling Nansha,...
RM300,000 for Pasir Gudang highway upgrades
THE Johor government has allocated RM300,000 for the Pasir Gudang City Council (MBPG) to upgrade the FT17 Pasir Gudang Highway and the FT35 Johor Baru East Coast Highway (Coastal Road). Pasir Gudang mayor Datuk Asman Shah Abd Rahman said upgrading works would take...
‘Provide facilities at heavy vehicle parking zones’
FOR the past eight years, Pulau Indah Food Station (PIFS) located along the Pulau Indah Highway in Port Klang, Selangor, has been a regular stop for lorry drivers to rest, perform their prayers and have a meal. Most of the food shops here are open by 7am and closed...
Malaysia has potential to be regional green fuel bunkering hub
KUALA LUMPUR: Malaysia has the potential to develop into a regional green fuel bunkering hub with the support of both industry and government, according to a study by the Australian Government through Partnerships for Infrastructure (P4I). In a statement Monday, the...
Worst is over for aviation industry: RHB
KUALA LUMPUR: RHB Research believes the worst is over for the aviation industry and expects more prominent recoveries for Malaysia Airports Holdings Bhd’s (MAHB) domestic operations in the coming quarters as airlines continue to resume and increase capacities and the...
Need for sustainable manufacturing in M’sia
WITH deforestation and biodiversity loss reaching worrisome levels, Malaysia is dealing with more significant sustainability concerns that pose a major threat to the balance of Malaysia’s delicate ecosystems. Natural Resources, Environment, and Climate Change...
Ministry: Shipping industry to aim for sustainable energy transition
KUALA LUMPUR: The Ministry of Transport (MoT) will focus on sustainable energy transition for the shipping industry as part of the effort to achieve net zero emissions by 2050, said its Deputy Minister Datuk Hasbi Habibollah (pix). He said the shipping sector is...
UMT-PKT to train students in logistics
Universiti Malaysia Terengganu (UMT) and PKT Logistics Group Sdn Bhd (PKT) will collaborate on student and staff training, research, academics, knowledge transfer and experience sharing with the recent signing of a memorandum of understanding (MoU). The MoU was signed...
Federal govt committed to supporting Negri’s Malaysian Vision Valley, says Anwar
PORT DICKSON: The Federal Government remains committed to supporting the development of the Malaysian Vision Valley 2.0 (MVV 2.0) plan, following the signing of agreements and collaborations totalling RM15.6bil, says Datuk Seri Anwar Ibrahim. The Prime Minister said...
China Starts New Freight Train Route from Chongqing to ASEAN
The first freight train from the Southwest province of Chongqing arrived in Malaysia on Thursday on a new route to reduce the expenses and travel time from China to ASEAN nations. China Daily reports that the first freight train arrived in Padang Besar,...
Govt mulls harvesting padi 5 times in 2 years
KUALA LUMPUR: The Government will consider the five seasons in two years padi cultivation initiative as one of the efforts to improve the country’s agro-food ecosystem. The matter was decided in the Cabinet Committee on the National Food Security Policy (JKSMN)...
Northport anticipates better 2H results, boosting capacity, says CEO
Northport (Malaysia) Bhd has earmarked capital investment to purchase 34 new pieces of terminal equipment this year to boost the port’s capacity and competitiveness. — Reuters pic KUALA LUMPUR, June 9 — Northport (Malaysia) Bhd has earmarked capital investment to...
Trans-Borneo Railway will benefit region, says transport expert
Published on: Thursday, June 08, 2023 By: Reshna Reem Ganesan, FMT PETALING JAYA: The proposal to build a Trans-Borneo Railway linking the two East Malaysian states with Indonesia and, possibly, Brunei will benefit the region, says a transport expert.Transport...
Port Klang sees slower than expected rebound of China container volumes
A recovery in box volumes with China has not been as fast as expected for Malaysia’s Port Klang this year and it has also seen local volumes slow. Marcus Hand | Jun 02, 2023 Port Klang is the world’s 12th largest container port and saw a 4% contraction in box...
Malaysia investigating possible looting of World War II British shipwrecks
CNN — Malaysian authorities have detained a Chinese-flagged cargo ship amid reports of the salvaging of World War II shipwrecks in Malaysia’s exclusive economic zone, according to a report from the state-run Bernama news agency. The ship was detained and...