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 …
By : Presenna Nambiar KLANG: Port Klang Authority’s (PKA) board of directors has given its general manager, Lim Thean Shiang, until June 5 to reconsider his decision to resign, according to a source. The board had on Thursday accepted the resignation of Lim as Port …
by Terence Fernandez PETALING JAYA (May 14, 2009): Two weeks. That is how long it will take for the Port Klang Free Zone (PKFZ) report to be made public – and that too, if there are no other legal or technical issues to throw a …
Below some photo showing a major “erection” within the port, a term coined by one of my ex-colleague.
HONG KONG’s Hutchison Whampoa, the world’s largest terminal operator, has suffered a 42 per cent decline in net profit for 2008 to HK$17.66 billion (US$2.3 billion), down from $30.6 billion a year earlier, on the back of the global economic downturn. With interests in hotels, …
PORT Klang handled 7.97 million TEU through its Westports and Northport container terminals in 2008. This accounts for a 12 per cent increase from the 7.11 million TEU throughput in 2007, Port Klang Authority general manager Lim Thean Shiang was cited as saying in a …