Kuala Lumpur: Port Klang Authority (PKA) chairman Datuk Lee Hwa Beng has lodged a report with the Malaysian Anti-Corruption Commission (MACC) against five parties comprising individuals and companies on the grounds of possible conspiracy, writes Bernama. Lee told reporters at the entrance of the MACC …
AUCKLAND—A report just released from Statistics New Zealand shows the second largest monthly fall in merchandise imports, in percentage terms, since February 1993. Imports for the month of July 2009 fell steeply—20.9 percent, down $886 million to $3.3 billion compared with July 2008.. In the …
Malaysia’s exports in May 2009 increased by 4.5% to RM42.9 billion while imports decreased by 2.3% to RM32.9 billion as compared with April 2009. The value of exports posted a decline of 29.7% from RM61.1 billion and imports also dipped by 27.8% from RM45.6 billion, …
By EILEEN HEE KUALA LUMPUR: Asean-6 will be a totally free trade area by Jan 1, 2010 when duties on most of the countries’ products are eliminated. International Trade and Industry Ministry senior director of Asean economic cooperation division P. Ravindran said Malaysia had committed …
This article is generously contributed by Mr Yim from Puncak Jupiter Management Services Sdn Bhd. Further to a write-up on General Average posted some time back in here, this document (in PDF format) is one of Yim’s presentation outline. He’s now a trainer / author …
Wed Jun 10, 2009 2:40pm IST KUALA LUMPUR (Reuters) – Malaysia will appoint the country head of a global anti-graft body to oversee a scandal-plagued free trade zone, a source said on Wednesday, as the government moves to tackle allegations of corruption that have eroded …
Worse still, we are informed in PwC’s 45-page report that this huge loss could increase to RM7.4 billion with interest payments and even up to RM12.4 billion if PKA defaults on its repayments to the MoF for its soft loan, since PKA is expected to …
KUALA LUMPUR, May 29 (Bernama) — The government has agreed to liberalise the Cabotage Policy for containerised transhipment cargo for the sectors between the Port of Sepangar, Port of Bintulu, Port of Kuching with Port Klang and the Port of Tanjung Pelepas and vice versa. …
By : Kang Siew Li KUALA LUMPUR: Privatisation is the only way to fix the controversial Port Klang Free Zone (PKFZ) in Pulau Indah, Selangor, as attempts by its owner, Port Klang Authority (PKA), to overhaul and run the free zone have failed, industry sources …