1y ago
KUALA LUMPUR, Dec 3 (Bernama) -- Northport (Malaysia) Bhd has achieved new annual throughput records in its container and conventional cargo business segments, handling 3,328,508 twenty-foot equivalent units (TEUs) as of Nov 27, 2024, surpassing its previous annual record of 3,324,364 TEUs set in 2021.
1y ago
By Harizah Hanim Mohamed
KUALA LUMPUR, Dec 1 (Bernama) -- Global shipping costs are expected to remain high next year, with freight rates likely to continue rising due to ongoing challenges in the shipping industry, including US President-elect Donald Trump’s tariff threats and the situation in the Red Sea.
1y ago
KUALA LUMPUR, Nov 29 (Bernama) -- Malaysia Aviation Group (MAG), the parent company of Malaysia Airlines, has taken delivery of its first A330neo aircraft, according to Airbus.
1y ago
KUALA LUMPUR, Nov 27 (Bernama) -- Vanzo Holdings Bhd aims to raise RM14 million through its initial public offering (IPO) en route to a listing on the ACE Market of Bursa Malaysia on Dec 17, 2024.
1y ago
KUALA LUMPUR, Nov 27 (Bernama) -- Malaysia Airports Holdings Bhd (MAHB) is expected to sustain strong passenger traffic growth in 2024-2025, supported by rising demand from key markets such as China, India, and Southeast Asia.
1y ago
KUALA LUMPUR, Nov 26 (Bernama) -- Malaysia Airports Holdings Bhd (MAHB) posted a higher net profit of RM210.37 million in the third quarter ended Sept 30, 2024 (3Q 2024), compared to RM94.76 million in the same period last year.
1y ago
KUALA LUMPUR, Nov 26 (Bernama) -- Aluminium products manufacturer Winstar Capital Bhd, en route to a listing on Bursa Malaysia’s Ace Market on Dec 19, 2024, aims to raise RM19.79 million through its initial public offering (IPO).
1y ago
GEORGE TOWN, Nov 25 (Bernama) -- The launch of the direct flight between Chennai and Penang will open up new opportunities for Penang’s tourism industry, thus enhancing the sector's resilience against risks and boosting the state's competitiveness in the global tourism market.
1y ago
KUALA LUMPUR, Nov 22 (Bernama) -- Malaysian Rating Corporation Bhd (MARC Ratings) has projected that oil prices will likely range between US$65 (US$1=RM4.46) and US$75 per barrel in 2025.
1y ago
GEORGE TOWN, Nov 22 (Bernama) -- Penang today welcomed Hong Kong Express’ (HK Express) inaugural direct flight from Hong Kong, marking a milestone in the state’s tourism development.
1y ago
KOTA KINABALU, Nov 21 (Bernama) -- The Sabah State Government's aspiration to position Sapangar Bay Container Port (SBCP) as a regional trade hub is expected to deliver significant long-term economic benefits for the state, the State Assembly was informed today.
1y ago
GEORGE TOWN, Nov 19 (Bernama) -- Penang’s tourism sector is set to receive a significant boost with the announcement of a new daily direct flight between Chennai, India and Penang by IndiGo Airlines, said Penang State Tourism and Creative Economy Committee (Petace) chairman Wong Hon Wai.