PETALING JAYA: ACE Market-bound AGX Group Bhd is poised for a better year in 2024, following an improvement in its working capital and operational efficiency amid a recovery in the logistics industry, says executive director and chief executive officer Datuk...

KLANG, Jan 19 — Transport Minister Anthony Loke today said his ministry has not received feedback from importers warning about the potential impact of the Red Sea Crisis on Malaysia. He said the ministry was aware of the need to proactively mitigate supply disruptions...

Ву Ноrасе Раlасіо: Тhе Fеdеrаtіоn оf Маlауѕіаn Маnufасturеrѕ (FММ) hаѕ іѕѕuеd а wаrnіng tо Маlауѕіаn ехроrtеrѕ аnd іmроrtеrѕ аbоut а ѕіgnіfісаnt hіkе іn frеіght rаtеѕ, ехресtеd tо trірlе іn 2024 соmраrеd tо thе рrеvіоuѕ уеаr. Тhіѕ еѕсаlаtіоn іѕ аttrіbutеd tо thе...

FOR industries dominated by the interconnected fabric of the Internet of Things (IoT), the prospect of streamlining the production and distribution of goods takes centre stage. Imagine the seamless interplay between devices, systems and data – optimising every aspect...

KUALA LUMPUR – Rising costs of living are expected to hit Malaysia’s middle- and high-income households the hardest in 2024, as the government shifts to targeted subsidies for fuel and electricity, and imposes tax hikes as part of its economic reforms. Household...

Pelabuhan Tanjung Pelepas Sdn Bhd (PTP), a member of MMC Group is expected to continue driving the development of the logistics and port sector in Malaysia. This is in line with the Group’s commitment to invest nearly RM26 billion over the next five (5) years to build...

Economy minister hopes special economic zone with Singapore boosts tech, renewables KUALA LUMPUR -- Malaysia hopes the southern state of Johor will become a "new engine of growth," as the country works to develop the border area with neighbor Singapore, its economy...

Companies based in the two countries are part of an “illicit procurement network” that has been targeted by U.S. sanctions.  In the early hours of December 16, 2023, a swarm of drones headed toward the USS Carney, a warship patrolling the southern Red Sea. Crew...

If there is one vegetable that is religiously added to all cuisines across south Asia, it is onions. The staple vegetable holds an extremely important place in the common man’s life. Onions are grown on around 136,000 hectares of land, with the 2020 figures...

KUALA LUMPUR - Johor’s state government has proposed that its business hub Iskandar Malaysia be designated as the special economic zone being planned between Singapore and Malaysia, The Straits Times has learnt. It is not known, though, if Malaysia’s federal...

The Malaysian government’s plan to remove subsidies this year on food and other basic necessities for all and target them only for needy citizens has many in the low and lower-middle income groups worried. That’s because food prices have been high since the Ukraine...

PORT KLANG: Northport (Malaysia) Bhd, a member of MMC Group, set a new milestone by handling 11,405,312 freight weight tonnes (fwt) of conventional cargo in 2023. This record-breaking achievement surpassed its previous high of 11,115,670 fwt recorded in 2022....

Kuala Lumpur (ANTARA) - The Overseas Election Committee (PPLN) in Kuala Lumpur, Malaysia, confirmed to have received election logistics for the upcoming parliamentary and presidential elections. Speaking in Kuala Lumpur on Wednesday, Puji Sumarsono, a member of PPLN...

Tera Projects & Shipping (Project Cargo Network members in Malaysia) were engaged by one of their esteemed clients to handle the export of a 'stinger section' from Johor to Abu Dhabi, UAE. The massive unit measures 49.0 x 13.3 x 10.5m with a weight of 430mt. The...

KOTA KINABALU: Constructing a new terminal at the Kota Kinabalu International Airport (KKIA) is just a short-term solution, said senior aviation consultant Mohd Faizal Malik.He said the offer from The Federal Government, which is aimed at catering to KKIA’s growing...

KUALA LUMPUR: Marine & General Bhd's indirect wholly-owned subsidiary, TKH Marine (L) Ltd, today disposed of its vessel, JM Sutera 7, for US$5.8 million (RM27.2 million) cash to an external party, Narsimhaa Shipping Inc, Liberia, on a willing buyer and willing...

FOR most of us, the start of a new year means new resolutions and new beginnings. This time round, Jan 1 2024 will also mark the start of the imposition of the sales tax on low-value goods (LVG tax) in Malaysia. The LVG tax was initially announced in Budget 2022 and...

According to Malaysia’s Deputy Minister of Agriculture and Food Security, Chan Foong Hin, exports of fresh durians to China will commence next year. He stated that the beginning of exports would coincide with the 50th anniversary of diplomatic relations between China...

RESORT and chalet owners on Mersing Island have implemented a three-month temporary shutdown during the monsoon season to repair and improve the amenities at their properties. Lanting Beach Resort owner Sallehuddin Latif said he had allocated RM25,000 to repair the...

During Budget 2024, it was announced that service tax will be increased from the 6% rate at present to 8% next year. This will start from March 1, as indicated by the customs department recently. Exclusions to the new rate include that for food and beverage,...