MISC and Al Hilal in JV to set up shipping agency

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 [...]

Road transport restrictions during 2010 Chinese New Year

MOT had this up only in Malay language apparently. Some key points have been translated and i’ve translated some in bracket below - to my best knowledge of Bahasa Malaysia. For more info, try +603 88866412.
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Kementerian Pengangkutan melaksanakan larangan ke atas kenderaan barangan menggunakan jalan raya semasa cuti perayaan Tahun Baru Cina 2010 [...]

Lower Import Tariff, China Auto Demand to Boost Malaysia Rubber Exports

Malaysian exports of rubber products including compound rubber to China may rise further in 2010 due to lower import tariffs under a free trade agreement and the country’s insatiable appetite for cars, an industry executive said Friday.
Exports of rubber products to China increased by 18% in 2009, tracking the astonishing growth in the country’s vehicle [...]

Pakistan may start exporting meat to Malaysia

Wednesday, January 27, 2010By Israr Khan
ISLAMABAD: Pakistan would soon start halal meat export to Malaysia, and in this regard negotiations with Kuala Lumpur were in advanced stages.
“Pakistan is awaiting Malaysian response”, well-placed sources in the Ministry of Livestock and Dairy Development told The News on Tuesday.
It is interesting to note that the Malaysian government is [...]

Rice only Asian crop at risk from El Nino

SINGAPORE: Rice is the only crop in Asia at risk of potential damage from El Nino as the weather phenomenon, which reduces rainfall, weakens and may spare coffee, palm oil, rubber and sugarcane output, an agricultural meteorologist said.
Drier-than-normal weather has affected rice crops in Myanmar, Thailand, northern Philippines and northern Malaysia, Bryce Anderson, chief agricultural [...]

Naza To Launch Four New Peugeot Models This Year

KUALA LUMPUR, Jan 26 (Bernama) — The Naza group plans to launch four new Peugeot car models this year and is targeting to sell close to 3,000 units.
Its joint executive chairman SM Nasarudin SM Nasimuddin said the group sold 3,766 Peugeot cars last year, comprising 2,347 units of the 206 Bestari, 885 units of the [...]

Vietnam assumes Asean chairmanship

MANILA, Philippines—Vietnam has assumed the revolving chairmanship of Asean, taking over from Thailand and effective until the end of 2010.
As Asean chair of the year Vietnam would focus on working with the nine other Asean member-states to speed up the implementation of the regional bloc’s various agreements, plans, and programs, particularly the Asean Charter and [...]

Malaysia Palm Oil Board: India to overtake China as top palm oil importer

KUALA LUMPUR : India would likely take over China’s position as the world’s largest palm oil importer by late-2010, according to Malaysian Palm Oil Board.
Speaking on the sidelines of a conference, Board chairman Sabri Ahmad said India was interested in increasing its palm oil imports, mainly from Malaysia and Indonesia.
India’s reluctance to reintroduce the import [...]

Better 2010 for the shipping industry

Stumbled upon this article while praying for Fulham to hold Chelsea last night. It’s written by Sharidan M. Ali and expect to see a more positive shipping industry in the coming 2010. This is in line with other reports seen lately of the shipping industry outlook for 2010. Billion ringgit question if you ask me [...]