Oil Slides Over 2% on Demand Worries, Lowest Settlement in 3 Months
Oil prices slid over 2% on Wednesday to their lowest in more than three months on concerns over waning demand in the U.S. and China....
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MTT Shipping
Nov 8, 20232 min read
China’s Imports Unexpectedly Grow as Demand Makes Cautious Comeback
China’s imports unexpectedly grew in October while exports contracted at a quicker pace, in a mixed set of indicators that showed the...
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MTT Shipping
Nov 8, 20232 min read
Asian Stocks Drop Ahead of Powell's Speech
Most Asian emerging equity markets slid on Wednesday ahead of a speech by the U.S. Federal Reserve chief as markets weighed the...
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MTT Shipping
Nov 8, 20233 min read
Economists Keep 2023 GDP Growth Forecasts Intact Despite Weaker Sept IPI
Economists are keeping their 2023 growth estimates for Malaysia's gross domestic product (GDP) intact despite the country's industrial...
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MTT Shipping
Nov 6, 20233 min read
Getting Malaysia Ready for the Rise of AI
The Malaysian government plans to transform its technology landscape by emphasising artificial intelligence (AI) and data unification,...
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MTT Shipping
Nov 1, 20233 min read
Record Dry Weather Forces Further Dramatic Cuts at the Panama Canal
The dry weather in Panama shows no sign of letting up with the El Niño weather phenomenon wreaking havoc to schedulers working for the...
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MTT Shipping
Jul 14, 20231 min read
MTT Shipping Attends Malaysia Maritime Week 2023: Advocating for Sustainable Transformation
Representatives from MTT Shipping recently attended Malaysia Maritime Week, where they gained valuable insights into sustainable...
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MTT Shipping
Jul 14, 20232 min read
Oil Prices Up, Hit Nearly 3-Month High as US Inflation Eases
Oil prices rose over 1% on Thursday to their highest in nearly three months after U.S. inflation data suggested interest rates in the...
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MTT Shipping
Jul 13, 20233 min read
China's Exports Fall Most in Three Years as Global Economy Falters
China's exports fell last month at their fastest pace since the onset three years ago of the COVID-19 pandemic, as an ailing global...
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MTT Shipping
Jul 13, 20231 min read
Zafrul: Malaysia Indonesia Business Council Relaunched to Boost Bilateral Business Ties
The reactivation of the Malaysia Indonesia Business Council (MIBC) signifies Malaysia’s commitment to strengthen its bilateral business...
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MTT Shipping
Jul 12, 20231 min read
Australia Declares Second Offshore Wind Zone
The Australian Government has declared an area in the Pacific Ocean off Hunter, New South Wales, as suitable for future offshore wind...
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MTT Shipping
Jul 12, 20232 min read
MIDF: Domestic Demand to Boost Malaysia's GDP Growth in 2Q
Domestic demand will continue to boost Malaysia's gross domestic product (GDP) growth in the second quarter of 2023 (2QFY2023) and...
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MTT Shipping
Jul 12, 20231 min read
Wholesale and Retail Trade Up 6.6% Y-o-Y in May to RM138B — DOSM
Malaysia’s wholesale and retail trade recorded monthly sales value of RM138.0 billion, growing 6.6% year-on-year (y-o-y) in May 2023,...
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MTT Shipping
Jul 11, 20232 min read
MPA Singapore Sets Sights on New All-Electric Harbour Craft
The Maritime and Port Authority of Singapore (MPA) has issued an Expression of Interest (EOI) to invite interested parties to submit...
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MTT Shipping
Jul 7, 20231 min read
Mastering Corporate Governance and Financial Analysis: MTT Shipping's CFO Empowers Team for Success
MTT Shipping is delighted to share the highlights of a recent training session led by our Chief Financial Officer, Ms. Yap Bee Yong....
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MTT Shipping
Jul 7, 20233 min read
Tackle Demand, Not Supply, to Cut Emissions, Oil Bosses Say
The bosses of global energy companies this week urged governments to shift the focus to limiting oil demand to reduce emissions, rather...
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MTT Shipping
Jul 6, 20231 min read
DOSM: E-Commerce Income Up 10.4% Y-o-Y in 1Q2023
Malaysia’s e-commerce income by establishment rose 10.4% year-on-year (y-o-y) to RM291.7 billion in the first quarter of 2023, primarily...
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MTT Shipping
Jul 6, 20232 min read
Malaysia Ranked 73rd in New 'Stateness' Index for 2022, Lags Behind Index-Topper Singapore
Malaysia came in at 73rd spot in a new “stateness” index for 2022 created by researchers in Germany, lagging far behind Singapore which...
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MTT Shipping
Jul 6, 20231 min read
MOF Lauds BNM’s Decision to Maintain OPR at 3%
The Ministry of Finance (MOF) said it welcomes Bank Negara Malaysia (BNM)’s Monetary Policy Committee’s decision to hold the overnight...
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MTT Shipping
Jul 5, 20231 min read
New Containership Deliveries Hit Record 285,000 TEU in June
The record 285,000 teu of new containership capacity delivered in June is actually lower than the 400,000 teu range that Alphaliner had...
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