MITI: Malaysia Secures RM9.3 Bil Investments from Japan
Malaysia has secured investments worth RM9.3 billion via the latest Trade and Investment Mission (TIM) to Japan led by Senior Minister of...
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MTT Shipping
Aug 26, 20222 min read
Natural Gas Soars in Europe, Asia as Crisis Heats Up Competition
European and Asian natural gas prices surged to near record highs, as the worst energy crisis in decades intensified competition to...
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MTT Shipping
Aug 26, 20222 min read
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...
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MTT Shipping
Aug 25, 20222 min read
LNG Investments to Peak at $42 Bln in 2024, Rystad Says
According to research by Rystad Energy, global LNG investments will peak at $42 billion in 2024, a 50 per cent jump from current...
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MTT Shipping
Aug 25, 20221 min read
Global Merchandise Trade Growth Stagnates in Q2, Says WTO
Global merchandise trade growth is projected to slow in the second quarter of 2022 on an annual basis, the World Trade Organisation (WTO)...
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MTT Shipping
Aug 24, 20221 min read
Kedah Records RM20 bil Approved Investments in Q2 2022
Kedah recorded RM20 billion worth of approved investments in the second quarter of 2022 (Q2), the highest in Malaysia thus far. Kedah...
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MTT Shipping
Aug 23, 20222 min read
Singapore Puts Automated Port Development Front and Centre
Singapore Prime Minister Lee Hsien Loong highlighted the development of the world’s largest automated container port in his annual...
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MTT Shipping
Aug 23, 20222 min read
Heavy Losses at Yards Suggest Newbuild Prices will Remain Firm
Shipowners hoping for a cooling in newbuild prices should brace for disappointment. Key yards are still posting enormous losses, despite...
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MTT Shipping
Aug 22, 20221 min read
BNM International Reserves Totalled US$110.9 bil as at Aug 15
Bank Negara Malaysia (BNM) has said its international reserves amounted to US$110.9 billion (RM497.38 billion) as at Aug 15. The reserves...
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MTT Shipping
Aug 21, 20222 min read
Budget 2023 to Focus on Initiatives for M'sia to Face Challenges of Bleak Global Economy — PM
Prime Minister Datuk Seri Ismail Sabri Yaakob said the upcoming Budget 2023, to be tabled in October, will touch every segment of...
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Aug 12, 20223 min read
Why Ships’ ‘Real’ Carbon Footprint is Key to Investment
Shipowners and operators should be well into planning ahead for the EEXI and CII regulations coming in from 2023, and what improvements...
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Aug 12, 20222 min read
Govt's Proactive Monetary Policy Ensures Stable Ringgit, Financial Market — Tengku Zafrul
The government remains proactive in ensuring the stability of the ringgit and the financial market, Finance Minister Tengku Datuk Seri...
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Aug 12, 20222 min read
Bank of Canada's 'Soft Landing' Scenario Hits the Rocks in Bond Market
Canada's inverted yield curve is signaling the Bank of Canada may raise interest rates to a level that triggers a recession, placing the...
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Aug 11, 20222 min read
DOSM: Malaysia Wholesale, Retail Trade Jumps as Car Sales Spike Over 1,000%
Malaysia's June 2022 wholesale and retail trade value jumped 44% while its volume rose 35.8% from a year earlier, led by a spike in car...
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Aug 11, 20222 min read
OPEC, in Contrast to IEA, Sees Lower 2022 Oil Demand Growth
OPEC on Thursday cut its 2022 forecast for growth in world oil demand for a third time since April, citing the economic impact of...
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Aug 10, 20221 min read
PTP Becomes First Container Terminal in Malaysia to Surpass One Million TEUs in a Month
The Port of Tanjung Pelepas (PTP), a joint venture between Malaysia-based MMC group and Netherlands-based APM Terminals, hit a historic...
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Aug 10, 20222 min read
Scotland Opens Offshore Wind Leasing Round to Decarbonise North Sea Oil and Gas
Scotland’s new offshore wind leasing round aiming to decarbonise the North Sea oil and gas sector and position offshore wind as a primary...
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Aug 10, 20222 min read
Malaysia, Thailand Committed to Infrastructure Development at Border
Malaysia and Thailand are committed to intensifying the development of infrastructure at the border, in an effort to boost trade and at...
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Aug 4, 20222 min read
Bank of England on Brink of Biggest Rate Hike Since 1995
The Bank of England is expected to raise interest rates by the most since 1995 on Thursday, even as the risks of a recession mount, in an...
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Aug 4, 20222 min read
Asia-US East Coast Capacity Up 18.9%
Congestion on the US West Coast led to a sharp increase in both demand and capacity on the Asia-US East Coast routes. Quoting...
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