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Palm oil futures rise on weather-related worries
Reuters Published October 24, 2022 KUALA LUMPUR: Malaysian palm oil futures firmed on Friday and were headed for a weekly rise, on concerns over production disruptions from the arrival of the monsoon season, but the gains were capped by sluggish October exports. The...
EU applauds Malaysia’s double aviation achievements, says Dr Wee
KUALA LUMPUR: The European Union (EU) Commission applauds Malaysia's double achievements in aviation with its re-election to the International Civil Aviation Organisation (ICAO) Council and reinstatement to Category 1 of the United States International Aviation Safety...
Malaysia, EU explore cooperation to develop sustainable aviation fuel, says transport minister
KUALA LUMPUR, Oct 16 — Malaysia and the European Union (EU) have agreed to explore further cooperation under the Transport Ministry to develop sustainable aviation fuel (SAF), Transport Minister Datuk Seri Wee Ka Siong said. He said this included making the product...
OGSE players to benefit from RM1bil maritime and logistics fund
KUALA LUMPUR: The RM1bil maritime and logistics fund is expected to benefit oil and gas services and equipment (OGSE) players, especially the close-to-100 offshore support vessel (OSV) service providers in Malaysia, according to Malaysia Petroleum Resources Corp...
Personal income tax cut, e-wallet credit to benefit consumer sector, M40
KUALA LUMPUR: Reduction in personal income tax by 2.0 percentage points for salary between RM50,001 and RM100,000 and RM100 e-wallet credit for M40 group as announced in Budget 2023 is expected to benefit this group as well as boost the overall consumer sector as...
Budget 2023: Encourage more exports, FDI to boost ringgit’s attractiveness, says economist
KUALA LUMPUR: Budget 2023, which is expected to be tabled later today, is being awaited with great anticipation by Malaysians from all walks of life as it will chart the nation’s vision in the coming year. The rising cost of living, ringgit valuation, food security,...
Malaysian PM instructs mission in Cambodia to take immediate action to rescue nationals
Datuk Seri Ismail Sabri Yaakob has given his assurance that the government will do its very best to resolve the issue of human trafficking involving Malaysians in several Asean countries. The prime minister said he had received several Tik Tok videos on the cases and...
Khairy: Mandatory quarantine for Covid-19 positive patients will continue till end of the year
KUALA LUMPUR, Sept 24 — The mandatory quarantine for those who test positive for Covid-19 will continue until the end of the year, when the rule would be put into review, said Health Minister Khairy Jamaluddin. Speaking to the press after officiating the Asia...
Report: Govt mulls special licence for online businesses to fight rampant scams
KUALA LUMPUR, Sept 26 — The Domestic Trade and Consumer Affairs Ministry is mulling a special licence for online businesses to protect consumers from scams. Its deputy minister Datuk Rosol Wahid said the government is looking at a comprehensive law to bring online...
A bridge over the Malacca Straits?
A 120km link between Peninsula Malaysia and Sumatra Island, Indonesia crossing one of the world’s busiest shipping lanes is set to be developed according to a Malaysian official. Marcus Hand | Sep 12, 2022 The link would connect Telok Gong in Masjid Tanah, Melaka,...
40 Malaysian companies eye Cambodia investment
Raising the prospects of further investment in Cambodia, 60 delegates from more than 40 Malaysian companies under the leadership of the Malaysia Retail Chain Association (MRCA) started their four-day visit yesterday. MRCA signed two MoUs during a function at Sofitel...
Maersk signs Malaysia logistics hub deal
August 30, 2022 ByMargherita Bruno Maersk has signed a Memorandum of Understanding (MoU) with the Malaysian Investment Development Authority (MIDA) to drive high-quality investments into Malaysia as a regional logistics hub. According to Maersk’s latest statement, the...
Austrade: Mutual respect, strong commitment bind Australia-Malaysia halal partnership
MELBOURNE: Malaysia-Australia partnership in the halal industry is based on mutual respect and a strong commitment to halal standards and compliance, said the Australian Trade and Investment Commission (Austrade). Its Senior Trade and Investment Commissioner Paul...
The Arnott’s Group chooses Kuala Lumpur as Asia Hub
KUALA LUMPUR: Australia’s The Arnott’s Group (TAG), a multinational food manufacturer and producer of Prego and Kimball, has launched its Asia hub in Kuala Lumpur in line with its expansion plans to become the regional powerhouse. TAG is targeting double-digit growth...
MPC developing logistics performance framework
PETALING JAYA: Malaysia Productivity Corp (MPC), through its Logistics Productivity Nexus (LPN), has collaborated with researchers, subject matter and industry experts to develop the Logistics Sustainability Performance Framework (LSPF). The framework is meant to...
MHB and BV Solutions in decarbonisation partnership
Malaysia Marine and Heavy Engineering Holdings Berhad (MHB) has signed an agreement with Bureau Veritas (BV) Solutions Marine & Offshore (M&O) to provide solutions to decarbonise shipping. Michele Labrut | Aug 25, 2022 The partnership, signed through MHB’s...
PM: Malaysia hopes to revive KL-Singapore HSR project
PUTRAJAYA: Malaysia hopes to speed up the revival of the terminated High Speed Railway (HSR) project with Singapore at the earliest date, says Prime Minister Datuk Seri Ismail Sabri Yaakob. He said currently Transport Minister Datuk Seri Dr Wee Ka Siong is in...
Airline ferries medicines from M’sian donors to Sri Lanka free of freight charges
KUALA LUMPUR: The healthcare sector in Sri Lanka is currently facing its most acute medicine shortage in the history of the country, putting at peril the very lives of those who depend on its services. SriLankan Cares, the corporate social responsibility (CSR) arm of...
Tri-country cargo rail service to kick off in October
KUALA LUMPUR: The tri-country cargo transport by Keretapi Tanah Melayu Bhd (KTMB) will be operational in October. The Asean Express, which connects Malaysia, Thailand and Laos, went through its dry run on Thursday (Aug 11) after departing from the Kuala Lumpur KTM...
Port Of Tanjung Pelepas Becomes First Container Terminal In Malaysia To Surpass 1 Million Teus In A Month
in Port News 10/08/2022 Port of Tanjung Pelepas (PTP), a joint venture between Malaysian based MMC Group and Netherlands based APM Terminals hits historic milestone by becoming the first container terminal in Malaysia to surpass 1 million TEUs in a month. The...