PETALING JAYA: Sustained high inflation, coupled with expected hikes in utility tariffs as well as the impending subsidy rationalisation may result in subdued consumer spending in 2024. Kenanga Research said middle-income earners could be most affected, while the...

THERE'S a buzz in Johor Baru these days. After all, Sultan Ibrahim ibni Sultan Iskandar is set to assume the throne as the new king next month. His Majesty will be determined to set things right for Malaysia and certainly, his beloved state of Johor too. No other...

KUALA LUMPUR, Dec 17 — How much more will you need to pay the next time you go shopping online and buy items priced under RM500, once Malaysia starts imposing a new 10 per cent sales tax on such goods delivered from abroad next year? Here’s everything you need to know...

PUTRAJAYA: There must be continuous efforts to strengthen Malaysia’s competitive edge in ports and logistics services to attract more trade flow into the country, says Anthony Loke. The Transport Minister said while the country should be mindful of the competition,...

PETALING JAYA: Emerging signs of recovery in China, a further pick-up in tourism activity and a stronger momentum in trade has led RHB Research to upgrade its call on the transportation sector to “overweight”. The research house said in a note that signs of recovery...

Consumer demand shock, an increase in e-commerce trade, a shift in trade direction, crude oil price fluctuation, freight rates, and port congestion are some of the issues that ports confront worldwide. Universiti Malaysia Terengganu adjunct professor and distinguished...

ABUAN: A group of industry experts and stakeholders are calling for Labuan Island to be designated as a full-fledged offshore financial center and for clear policies for offshore enterprises to be established, aiming to attract international investors with tax...

KUALA LUMPUR: The price structure for the East Coast Rail Link's (ECRL) freight and passenger services will most likely be unveiled in 2026, says Malaysia Rail Link (MRL) Sdn Bhd chief executive officer Datuk Seri Darwis Abdul Razak. Addressing senior media...

ONDON (Dec 2): Malaysia has been re-elected to the International Maritime Organisation (IMO) Council under Category C for the 2024-2025 term, marking Malaysia’s victory for the 10th consecutive time. Transport Minister Anthony Loke said Malaysia was placed 10th out of...

ALOR SETAR, Dec 3 — Malaysia cannot afford to wait until Thailand has realised its plan to build a land bridge between the Indian and Pacific Oceans before taking the necessary measures to benefit from the project, according to an economic expert. Associate Prof...

JOHOR is expected to be the third airbase for the Fire and Rescue Department after Penang and Subang, according to its director-general Datuk Seri Abdul Wahab Mat Yasin. He said the agency was currently in discussion with state government and the land and mines office...

Malaysia must be steadfast in enhancing its ports’ competitiveness and productivity, instead of worrying about Thailand’s proposed land bridge project, said Transport Minister Anthony Loke. “What’s important is that we must improve ourselves in terms of efficiency,...

SELECTED high-tech industries such as life sciences, food and beverage, electrical and electronics, transport equipment and machinery will be able to offer higher-paying jobs. Selangor investment, trade and mobility committee chairman Ng Sze Han (pic) said this was...

PUTRAJAYA: The ASEAN Framework Agreement on the Facilitation of Goods in Transit (AFAFGIT), which will facilitate the movement of goods in transit in ASEAN member states will be implemented in Peninsular Malaysia from Jan 1, 2024. Transport Minister Anthony Loke, in a...

Kale Logistics (Kale) and its partner, Dagang Net Technologies Sdn Bhd (Dagang Net), have been awarded the Malaysia Maritime Single Window (MMSW) contract by Port Klang Authority and its nine subsidiary ports in Malaysia. Under the contract, both parties will jointly...

KUALA LUMPUR (Nov 16): The agony of staying away from the family for a long period of time is the main reason why Malaysians are not keen to join the shipping and port industry despite the lucrative salary offer. Transport Minister Anthony Loke said as such the port...

KUALA LUMPUR, Nov 18 — Malaysia Rail Link Sdn Bhd (MRL) today clarified that the East Coast Rail Link (ECRL) passenger train will travel at a maximum speed of 160 kilometres per hour (km/h), dismissing claims from recent media reports suggesting that it could more...

KUALA LUMPUR: Malaysia should develop its own economic strategy, rather than relying on plans from other countries, said Deputy Minister of Investment, Trade and Industry (Miti) Liew Chin Tong in Parliament today. However, he said that Malaysia will accept and take...

KUALA Lumpur City Hall (DBKL) has intensified efforts to tackle potential flash floods during the north-east monsoon period expected to bring heavy rainfall until February next year. One of the preventive measures is the installation of water pumps at various...

KUALA LUMPUR, Nov 9 — The Ministry of Investment, Trade and Industry (Miti) has begun its trade and investment mission to the United States (US) from November 6 to13, covering the cities of Chicago, Seattle, and San Francisco. Miti said the mission will be led by its...