Kota Kinabalu: The Malaysia Shipowners Association (Masa) feels slighted at being held responsible for the higher costs of goods and services in Sabah, while forwarding agents, hauliers, ports and warehouse operators are spared.
In this context, it said the Federation of Sabah Manufacturers (FSM) should demand similar clarifications on the price structures from the others, which [...]
KUALA LUMPUR, July 30 (Bernama) — Shell Malaysia Trading Sdn Bhd has signed a long-term sub-lease agreement Thursday with Westports Malaysia Sdn Bhd at Port Klang for storing, supplying and distributing petroleum products.
The 14-year agreement enables Shell to operate and manage liquid bulk cargo at Westports Liquid Bulk Terminal (LBT).
Products to be stored initially are [...]
… or rays of illusion? to have a clearer picture of the situation, reports of such should come with breakdown of:1) empty containers being imported / exported2) laden containers being imported / exported3) transshipment containers - laden and empty
2009 was a period where there were heaps of empty containers being sent by shipping lines into [...]
The International Monetary Fund said that Asia has emerged as a global powerhouse in the process of recovering from the worldwide economic crisis, and its economic performance will likely continue to grow down the road.
Mr Dominique Strauss Kahn MD of IMF said that “Asia has emerged as a global economic powerhouse from the recent worldwide [...]
riday, 09 July 2010 12:01
I. MAY 2010
1. Malaysia’s exports and imports continued to register a double digit growth in May 2010, year-on-year. Exports surged by 21.9% to RM52.3 billion, while imports soared by 34.2% to RM44.2 billion. As compared with April 2010, both exports and imports posted a marginal increase of 0.5% and 3.3% from [...]
Efforts are being made to bring the fire-crippled Taiwan-registered vessel, Jiang Sheng 18, to the Port Dickson jetty. — NST picture by Dzulkeffli Mustapha
PORT DICKSON: Eight foreign fishermen had to be rescued from the sea when they abandoned their 56m-long vessel after its engine room caught fire near the busy Malacca Straits yesterday morning.
Two explosions were [...]
25/6 OCBC economist Gundy Cahyadi is maintaining M’sia’s GDP growth at 6.7% in 2010 with inflation at 2.6%.
Source: STARBIZ
KUALA LUMPUR: Beginning July 1, traders will only require one licence to sell six controlled items, including sugar, wheat flour and cooking oil.
Domestic Trade, Cooperatives and Consumerism Minister Datuk Seri Ismail Sabri Yaakob said today the other three items were cooking gas as well as petrol and diesel which were sold also by retailers in [...]
By Joseph George on Monday, February 08, 2010
MISC’s wholly-owned subsidiary MISC Agencies has entered into an agreement with Al Hilal Shipping Agency to set up a joint venture (JV) company in Dubai.
In a filing with Bursa Malaysia, MISC last Wednesday said the agreement is to incorporate a joint venture company in Dubai for acting as [...]
