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Palm oil futures rise on weather-related worries

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...

A bridge over the Malacca Straits?

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

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

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...

The Arnott’s Group chooses Kuala Lumpur as Asia Hub

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

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

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

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...

Tri-country cargo rail service to kick off in October

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...