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World’s First Zero-Carbon Port Eyes Southeast Asia Expansion, Targets 3.2 Mln TEUs In 2025

From Kisho Kumari Sucedaram

TIANJIN, June 24 (Bernama) -- China’s Tianjin Port, recognised as the world’s first zero-carbon port, is setting its sights on expanding cargo routes to Southeast Asia as it targets to handle 3.2 million twenty-foot equivalent units (TEUs) in 2025.

Malaysia, Uzbekistan Commit To Enhancing Bilateral Economic And Trade Cooperation

TASHKENT, June 24 (Bernama) -- Malaysia and Uzbekistan have committed to enhancing bilateral economic and trade cooperation.

RP4 Tariff Reform Can Spur Behavioural Change, Accelerate Energy Transition — Expert

KUALA LUMPUR, June 24 (Bernama) -- Malaysia’s Regulatory Period 4 (RP4) electricity tariff restructuring can serve as a powerful tool to promote behavioural change and accelerate the country’s low-carbon agenda, if paired with smart technologies, targeted financial incentives, and inclusive support mechanisms, an energy expert said.

Ringgit Opens Higher Against Greenback As Prospect Of Middle East De-escalation Rises

KUALA LUMPUR, June 24 (Bernama) -- The ringgit opened higher against the US dollar on Tuesday on the rising possibility of military de-escalation in the Middle East as United States (US) President Donald Trump announced a tentative ceasefire between Iran and Israel, said an analyst.

Taiwan Expo 2025 Bridges 'Made In Taiwan' Products With Malaysia's Needs -- Taitra

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, June 23 (Bernama) -- The Taiwan Excellence Pavilion at Taiwan Expo 2025 serves as a “bridge” connecting Taiwan’s top innovations with Malaysia’s key growth areas, particularly in digital transformation and green industry.

AirAsia X Plans To Make Central Asia The Main Focus For Network Expansion

SEPANG, June 23 (Bernama) -- Medium-haul low-cost airline AirAsia X Bhd plans to make the Central Asian region the main focus of its flight network expansion, supported by the high potential market demand and relatively underexplored by commercial airlines.

Penang Port Invests RM37 Mln In Four Hybrid RTG Cranes To Enhance Efficiency, Sustainability

GEORGE TOWN, June 23 (Bernama) -- Penang Port Sdn Bhd has invested US$7.88 million (RM37 million) in acquiring four new hybrid rubber-tyred gantry (RTG) cranes from Mitsui E & S Co Ltd, Japan, to enhance operational efficiency and promote environmental sustainability.

Affin Bank Can Catalyse SME Growth In Strategic Sectors - Abang Johari

KUCHING, June 23 (Bernama) -- Affin Bank Bhd is well-positioned to catalyse the growth of small and medium enterprises (SMEs) in Sarawak by offering targeted financing, digital transformation support, and non-financial capacity building aligned with the state’s strategic economic sectors.

Ringgit Closes Lower Against US Dollar Amid Mideast Uncertainty

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, June 23 (Bernama) -- The ringgit closed lower against the greenback on Monday as US involvement in the war between Israel and Iran spurred demand for safe haven assets like the American dollar, an analyst said.

Bargain Hunting Lifts FBM KLCI To Close Higher

By Anas Abu Hassan and Danni Haizal

KUALA LUMPUR, June 23 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) recovered from early losses to end higher today, supported by bargain hunting activities and sustained local investor interest albeit cautious outlook on the global economic front, an analyst said.

Malaysia Signs Economic Partnership Deal With Switzerland, Norway, Iceland And Liechtenstein

KUALA LUMPUR, June 23 (Bernama) -- Malaysia and the European Free Trade Association (EFTA) member states have signed an economic partnership agreement, opening a new chapter for Malaysia’s trade, investment and economic relations with Switzerland, Norway, Iceland and Liechtenstein.

Taiwan Seeks Stronger Ties With Malaysia In AI, Sustainability, Smart Healthcare -- TAITRA

By Abdul Hamid A Rahman

KUALA LUMPUR, June 23 (Bernama) -- There are three key areas where Malaysia and Taiwan cooperation can go even further, namely artificial intelligence (AI), green sustainability, and smart healthcare, said Taiwan External Trade Development Council (Taitra) president and chief executive officer Simon Wang.