Daily Archives: 20 April, 2009

Retrenchment in Malaysia slowing down

RETRENCHMENT in Malaysia is slowing down and thus shows signs of stabilisation, said Human Resources Ministry secretary-general Datuk Thomas George. He said this was based on the number of those retrenched in the last one month, not having changed from 23,500 locals and 7,955 foreigners. …

Malaysia Apr 1-20 palm exports rise

Exports of Malaysian palm oil products for April 1-20 rose 4.2 per cent to 754,129 tonnes from 723,770 tonnes shipped between March 1 and 20, cargo surveyor Intertek Testing Services said today. Meanwhile, another cargo surveyor Societe Generale de Surveillance reported that exports rose 0.8 …

Slumping freight rates and demand hurt companies’ earnings

By SHARIDAN M. ALI WANING freight rates in container, dry bulk and tanker segments will continue to plague Malaysian shipping companies’ earnings this year. The freight rates are generally down due to slumping world trade, lower iron ore demand from the world’s largest steelmaker – …

Association plans forwarding courses

By SHARIDAN M. ALI THE Selangor Freight Forwarders and Logistics Association (SFFLA) is spearheading efforts to improve the level of professionalism in the industry via education and development of standardised regulations. President Tan Ah Beng said the association would submit an application to the Government …