5h ago
PUTRAJAYA, 12 Okt (Bernama) -- A 10-year extension of income tax exemptions is expected to encourage more shipping companies to register their vessels in Malaysia rather than in other countries offering tax incentives, Transport Minister Anthony Loke said.
1d ago
KUALA LUMPUR, Oct 11 (Bernama) -- Budget 2027’s extension of the income tax exemption and fixed stamp duty rates on ship financing is expected to ease financing constraints for Malaysian shipowners facing stringent collateral requirements and mismatches between loan tenures and ships’ useful lives.
2d ago
KUALA LUMPUR, Oct 10 (Bernama) -- Malaysia should establish a green shipping corridor to accelerate the maritime industry’s transition towards greener operations through closer coordination between the government and industry players, said an expert.
3d ago
KUALA LUMPUR, Oct 9 (Bernama) – A more systematic approach is required to identify critical inputs, monitor concentrated supply risks and coordinate early intervention in mitigating adverse impact resulting from geopolitical uncertainties, according to the Ministry of Finance (MoF).
4d ago
By Muhammad Fawwaz Thaqif Nor Afandi
KUALA LUMPUR, Oct 8 (Bernama) -- The Kuala Lumpur rubber market ended mixed on Thursday, despite firmer regional rubber futures following the reopening of the Chinese market after the National Day holidays.
4d ago
ISKANDAR PUTERI, Oct 8 (Bernama) -- Malaysia’s ports must accelerate decarbonisation efforts to meet the International Maritime Organization’s (IMO) requirement to achieve net-zero emissions by 2050, said Transport Minister Anthony Loke Siew Fook.
5d ago
PASIR GUDANG, Oct 7 (Bernama) -- Johor Port Bhd (Johor Port), a member of MMC Group, is actively exploring opportunities with PT Pelabuhan Indonesia (Persero) Regional 1 Belawan to establish a stronger maritime trade corridor connecting north Sumatra’s Belawan and Johor.
6d ago
KUALA LUMPUR, Oct 6 (Bernama) -- The development of Carey Island and Midport will not affect the Port of Tanjung Pelepas’ (PTP) role, as each port has its own specialisation and distinct development concept, said Transport Minister Anthony Loke.
11d ago
By Shakir Husain
HYDERABAD, Sept 30 (Bernama) -- Malaysia is looking to grow exports of higher-value palm oil products to India as vegetable oil demand remains strong in the top importing country.
12d ago
KUALA LUMPUR, Sept 30 (Bernama) -- MidOcean Energy (MidOcean), a liquefied natural gas (LNG) company formed and managed by EIG, has announced its participation in Phase 2 of LNG Canada through its partnership with PETRONAS, following the Final Investment Decision (FID) by the LNG Canada joint venture partners on Sept 29.
13d ago
KUALA LUMPUR, Sept 29 (Bernama) -- The Ministry of Transport (MOT) will be the single lead agency to approve bunkering licences and related permits starting Feb 1, 2027, said its Minister Anthony Loke Siew Fook.
13d ago
KUALA LUMPUR, Sept 29 (Bernama) -- The Transport Ministry (MOT) has proposed tax incentives under Budget 2027 to encourage more Malaysian vessels to be built and repaired locally, said Transport Minister Anthony Loke Siew Fook.