SHIPPERS and service providers along the logistics value chain should work together to keep costs at competitive levels, says Deputy International Trade and Industry Minister Datuk Jacob Dungau Sagan.
“An efficient and cost competitive logistics and transportation sector is vital to maintain the competitiveness of exports,” he said at the opening of the National Shippers Conference [...]
To all returning readers, thanks for the support all this while. You’ll see much lesser updates in this blog for the next few weeks or so (in fact, since the past few weeks) - got quite caught up really (hey i need a job to take care of my bills too ok?).
But do come back [...]
KUALA LUMPUR, Nov 29 (Bernama) — As an early appetizer for 2010, one of the world’s largest containership, the 13,300-TEU CMA CGM Christophe Colomb made its maiden call at Westports Malaysia Container Terminal last Sunday.
It represents the biggest vessel to arrive at Port Klang to date, Westports said in a statement on Sunday.
Although it was [...]
By SHARIDAN M.ALI
PETALING JAYA: Container and dry bulk shipping company Hubline Bhd has, via a recent corporate exercise, successfully raised RM124mil to be partly used in its expansion plan.Its rights issue of up to 621,676,421 new 20 sen shares at an issue price of 20 sen per share together with up to 621,676,421 new free [...]
Following earlier post, below summary:
Malaysia’s exports registered a total value of RM47.2 billion in September 2009, decreased slightly by 1.1% while imports dropped by 0.7% to RM38.0 billion compared with August 2009. Exports and imports dipped by 24.2% from RM62.3 billion and 20.2% from RM47.6 billion respectively, year on year basis.
Total trade in [...]
External Trade (Updated :11/11/2009)
External Trade(RM Million)
Jan-Dec
January-September
2008p
2008p
2009
Total Exports
663,494
512,201
394,343
Total Imports
521,611
402,972
308,438
Balance of Trade
141,883
109,229
85,905
Major Export(RM Million)
Jan-Dec
January-September
2008p
2008p
2009
Natural Rubber
8,111
6,773
2,828
Palm Oil & Palm Oil-Based Products
64,808
51,369
37,220
Crude Petroleum
43,698
34,655
16,833
Petroleum Products
28,635
24,117
13,506
Liqufied Natural Gas
40,732
26,006
22,807
Timber & Timber Based Products [5]
22,650
16,993
13,949
Electrical & Electronic Products [5]
255,360
198,087
159,914
Articles of Apparel & Clothing Accessories [5]
12,096
8,934
8,130
Other Manufactured [...]