Baltic Exchange to Provide Standardised Emissions Reference Point for Shipping Industry
London-based maritime industry information provider Baltic Exchange is developing a project that aims to provide a standardised emissions...
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Jul 1, 20221 min read
BNM: Malaysia's Banking System Remains Well Capitalised to Support Economic Recovery
Malaysia’s banking system remains well capitalised to support economic recovery, said Bank Negara Malaysia (BNM). The central bank said...
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Jul 1, 20221 min read
MTT Shipping Celebrates the Opening of New Johor Branch Office
MTT Shipping is pleased to announce the official opening of its new Johor branch office in Kota Southkey, Johor Bahru. The company...
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Jul 1, 20221 min read
MTT Shipping’s Nationwide Food Aid Project Receives Acknowledgement from the Food Aid Foundation
MTT Shipping’s nationwide food aid project is soon to reach 10,000 families who were impacted by the pandemic and flood disasters in the...
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Jun 30, 20222 min read
Malaysia Sees Central Asian Countries as New Axis of Growth
Central Asian countries have the potential to be the New Axis of Growth for Malaysia, offering huge opportunities for enhanced...
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Jun 30, 20222 min read
OPEC+ Sticks to Oil Output Policy, Avoids Debate on September Plans
OPEC+ said on Thursday it would stick to its planned oil output hikes in August but avoided discussing policy from September onwards even...
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Jun 29, 20221 min read
US Outbound Container Volume Drops for 12th Month Straight
According to the McCown Report, East Coast and Gulf Coast imports helped inbound volumes rise 2.9% in May across the top 10 US ports,...
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Jun 27, 20222 min read
Smart Container Fleet Predicted to Expand Eight-Fold Over the Next Five Years
The global telematics enabled container equipment fleet is forecast to grow eight-fold over the next five years and account for 25% of...
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Jun 25, 20221 min read
Malaysia Plans Record $18 Billion Subsidy Spend in Inflation Fight
Malaysia is expected to spend 77.3 billion ringgit ($17.6 billion) in subsidies and cash aid this year, the largest amount in history, to...
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Jun 10, 20222 min read
US Ports Stretched as Retailers Set to Begin Their Peak Season
VESSEL backlogs at the heart of US supply chain congestion have receded in some places, but cropped up in others, including in east coast...
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Jun 9, 20223 min read
Containerships Can Cut Emissions by 14 per cent Through Just In Time Arrivals
Containerships can reduce fuel consumption and resulting carbon dioxide emissions by 14 per cent on a per voyage, a new study has found....
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Jun 9, 20222 min read
Oil Slips on China Lockdowns, but Bullish Trends Intact
Oil prices dipped on Thursday but still hovered near three-month highs after parts of Shanghai imposed new COVID-19 lockdown measures, as...
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Jun 9, 20222 min read
Malaysia’s Wholesale, Retail Trade Sales Up 15.2% to RM128b in April 2022
Malaysia’s wholesale and retail trade sales increased by 15.2% year-on-year (y-o-y) to register RM128 billion in April 2022, according to...
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Jun 7, 20222 min read
Shanghai Port Congestion Nearly Back to Normal Levels
As Shanghai springs back to life after two months of lockdown, congestion at the port is almost back to normal, according to data from...
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Jun 5, 20222 min read
Worries From International Investors Among Temporary Factors of Ringgit Depreciation
Worries from the international investor community are among the temporary factors contributing to the depreciation of the ringgit at the...
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Jun 2, 20222 min read
MyORI Services Launches App to Combat Counterfeit Products in Malaysia
MyORI Services Sdn Bhd has launched the MyORI SmartSecure, a patent-pending secure labelling platform, to combat counterfeit products in...
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