Karachi—Out of total edible oil consumption Pakistan importing Malaysian palm oil worth $2 billion a year which needs to be reciprocated through import of Pakistan rice and other commodities to balance the trade between the two countries. This was pointed out by Pakistan delegation currently …
It is reported that Malaysia’s domestic steel demand is expected to gain momentum moving into the second half of 2012 as the nation steps up on infrastructure activities with particular emphasis to the imminent roll out of the various projects under the Economic Transformation Program …
After the collapse of the tin market in the 1980s, the local mining operation has been carried out in a rather ambiguous manner. But, mining is now making a big comeback. Over the past three to four years, there has been a significant increase in …
THE aggregate loss clocked up by Malaysian shipping line MISC since 2007 has ballooned to MYR3,305 million (US$1,6 billion), making it the biggest loser among its rivals. For the whole of 2011, MISC Berhad suffered an operating loss of MYR661 million (US$215 million) in liner …
MALAYSIA’s MISC Bhd has scrapped its Straits-Middle East Halal service and the Malaysia East Asia (MES) service, the last of its intra-Asia services in late February. Alphaliner reports that the moves come as MISC prepares to make a final exit from its entire container shipping …
Kota Kinabalu: The Rural Development Corporation exported its first batch of Boer goats for breeding purposes to Peninsular Malaysia on Saturday. Its Corporation Planning and Development Manager, Awang Sallih Labai, said the Boer rearing project, which started in 2005, was to help improve the quality …
It is reported that Malaysian local steel companies are expected to face a squeeze in their margins and earnings in the first half of 2012 due to the challenging outlook in the domestic and global front. According to market analysts, industry players would encounter weak …
THE global idle containership fleet increased to 286 ships with a total capacity of 750,900 TEU as of the end of January 2012, up 10-fold since June when it hit a low of 75,000 TEU, according to Paris-based Alphaliner. This was attributed to excessive growth …
CONTAINER Trade Statistics, whose data is drawn from declared volumes from major carriers, reported that Asia-Europe trade throughput increased 3.3 per cent to 13.9 million TEU in 2011 while backhaul Europe-Asia volume rose 7.5 per cent to 6.1 million TEU. Westbound transatlantic volume increased 3.4 …