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Shipping Recovery To Take Time As Malaysian Ports Prepare For Hormuz Backlog

By Harizah Hanim Mohamed

KUALA LUMPUR, July 13  (Bernama) – Ports, shipping lines and cargo owners are now confronting the formidable task of restoring global supply chains and clearing a backlog of vessels and cargo built up during months of conflict in and around the Strait of Hormuz, a process that industry players say could take weeks or even months.

Malaysia-Indonesia Halal Trade Projected To Top US$29 Bln This Year

JAKARTA, July 12 (Bernama) -- Malaysia-Indonesia bilateral trade is projected to grow by 10 per cent this year to US$29.3 billion (US$1=RM4.07), supported by expanding cooperation in the halal sector and stronger market access between the two countries.

Malaysia Airlines Adds Shanghai Flight Cancellations Due To Typhoon Bavi

KUALA LUMPUR, July 11 (Bernama) -- Malaysia Airlines has announced additional flight cancellations involving the Kuala Lumpur-Shanghai route due to adverse weather conditions associated with Typhoon Bavi, following yesterday’s advisory on cancellations involving the Kuala Lumpur-Taipei route. 

Sarawak To Establish Sibu Economic Zone With RM1.5 Bln Allocation -- Abang Johari

SIBU, July 11 (Bernama) -- Sarawak will establish the Sibu Economic Zone (SEZ) with an allocation of RM1.5 billion to coordinate Sibu’s economic development in a more comprehensive and integrated manner, said Sarawak Premier Tan Sri Abang Johari Tun Openg.

MAS Joins Quirky Norway-England Airlines Logo Swipe Challenge

KUALA LUMPUR, July 11 (Bernama) -- Malaysia Airlines (MAS) joined the FIFA World Cup fever with a cheeky social media reaction to an “airline rivalry” between Norwegian Air and British Airways.

Work Now Travels With Business Travellers, Holafly Research Finds

KUALA LUMPUR, July 10 (Bernama) -- Holafly for Business's latest research revealed that business travellers are increasingly carrying their work environment wherever they go, as modern business trips differ significantly from those around which most companies designed their travel policies.

RHB Bank Introduces RHB Sinar Credit Card-i With 14 Pct Profit Rate

KUALA LUMPUR, July 10 (Bernama) -- RHB Bank Bhd has introduced the new RHB Sinar Credit Card-i, which features a retail transaction profit rate of 14 per cent per annum, on par with similar offerings from industry peers, and lower than the industry norm, which may reach 18 per cent per annum.

Selangor Eyes September Groundbreaking For Carey Island Port, Reviews Potential Operators

By Harizah Hanim Mohamed

BANDUNG, July 10 (Bernama) -- Selangor is ready to break ground on the proposed third port terminal on Carey Island as early as September, subject to the Ministry of Transport's (MOT) approval of the port licence, as the state reviews potential operators for the terminal, Menteri Besar Datuk Seri Amirudin Shari said.

PKFZ Ready To Support Pulau Carey Third Terminal, Bigger Economic Cake Envisioned

By Harizah Hanim Mohamed

PORT KLANG, July 10 (Bernama) -- Port Klang Free Zone (PKFZ) will not lose out from Port Klang’s development of its third terminal on Carey Island as the economic cake is enough with increased cargo movements.

EarthDaily Constellation Reaches Satellite Milestone For Commercial Operations

KUALA LUMPUR, July 10 (Bernama) -- EarthDaily, a global Earth observation company, has successfully established initial contact with EDC-08 following its launch aboard SpaceX's Transporter-17 mission on July 7.

AIA Malaysia Marks 10th Year Milestone As Million Dollar Round Table Insurer

KUALA LUMPUR, July 9 (Bernama) -- Insurance and takaful provider AIA Malaysia has secured the top position in the Million Dollar Round Table (MDRT) rankings in Malaysia for the 10th time, recording a total of 827 MDRT qualifiers, including 19 Top of the Table (TOT) and 67 Court of the Table (COT) members.  

Exsim Hospitality Unit Secures RM63.5 Mln Interior Design Works Contract

KUALA LUMPUR, July 9 (Bernama) -- Exsim Hospitality Bhd’s wholly owned subsidiary, Exsim Concepto Sdn Bhd (ECSB), has accepted a letter of award from Cosmopolitan Avenue Sdn Bhd for the design and build of interior works under a RM63.5 million contract.