Why Ships’ ‘Real’ Carbon Footprint is Key to Investment
Shipowners and operators should be well into planning ahead for the EEXI and CII regulations coming in from 2023, and what improvements...
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- 6 days ago
- 2 min
Govt's Proactive Monetary Policy Ensures Stable Ringgit, Financial Market — Tengku Zafrul
The government remains proactive in ensuring the stability of the ringgit and the financial market, Finance Minister Tengku Datuk Seri...
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- 7 days ago
- 2 min
Bank of Canada's 'Soft Landing' Scenario Hits the Rocks in Bond Market
Canada's inverted yield curve is signaling the Bank of Canada may raise interest rates to a level that triggers a recession, placing the...
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- Aug 11
- 2 min
DOSM: Malaysia Wholesale, Retail Trade Jumps as Car Sales Spike Over 1,000%
Malaysia's June 2022 wholesale and retail trade value jumped 44% while its volume rose 35.8% from a year earlier, led by a spike in car...
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- Aug 11
- 2 min
OPEC, in Contrast to IEA, Sees Lower 2022 Oil Demand Growth
OPEC on Thursday cut its 2022 forecast for growth in world oil demand for a third time since April, citing the economic impact of...
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- Aug 10
- 1 min
PTP Becomes First Container Terminal in Malaysia to Surpass One Million TEUs in a Month
The Port of Tanjung Pelepas (PTP), a joint venture between Malaysia-based MMC group and Netherlands-based APM Terminals, hit a historic...
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- Aug 10
- 2 min
Scotland Opens Offshore Wind Leasing Round to Decarbonise North Sea Oil and Gas
Scotland’s new offshore wind leasing round aiming to decarbonise the North Sea oil and gas sector and position offshore wind as a primary...
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- Aug 10
- 2 min
Malaysia, Thailand Committed to Infrastructure Development at Border
Malaysia and Thailand are committed to intensifying the development of infrastructure at the border, in an effort to boost trade and at...
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- Aug 4
- 2 min
Bank of England on Brink of Biggest Rate Hike Since 1995
The Bank of England is expected to raise interest rates by the most since 1995 on Thursday, even as the risks of a recession mount, in an...
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- Aug 4
- 2 min
Asia-US East Coast Capacity Up 18.9%
Congestion on the US West Coast led to a sharp increase in both demand and capacity on the Asia-US East Coast routes. Quoting...
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- Aug 3
- 2 min
Port Authority of NY and NJ Announces New Container Imbalance Fee to Minimise Congestion
The Port of New York and New Jersey will implement a new container imbalance fee for ocean carriers as part of its effort to aggressively...
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- Aug 3
- 2 min
UNDP Supports Malaysia's Technology Adoption, Innovation in 12MP
The United Nations Development Programme (UNDP) will continue to support the Government of Malaysia in accelerating technology adoption...
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- Aug 3
- 3 min
Romanian Black Sea Port to Keep Shipping Ukrainian Grain, Seeks EU Funding
At the Romanian Black Sea port of Constanta dockers have worked for months to ship out Ukrainian grain in addition to their usual loads...
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- Aug 3
- 2 min
Singapore and Rotterdam Move to Establish World’s Longest Green Corridor
Singapore and Rotterdam have joined forces to develop the world’s longest green shipping corridor for low and zero carbon shipping. The...
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- Aug 2
- 1 min
Malaysian, Indonesian Palm Oil Methyl Ester Exports Hit Eight-Month High
Total exports of palm oil methyl ester (PME) from Malaysia and Indonesia hit an eight-month high in July, largely supported by seasonal...
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- Aug 2
- 2 min
ESG-Related Investments to Grow Amid Fears of Global Recession, Russia-Ukraine Conflict
Fears of a global recession, coupled with the ongoing conflict between Russia and Ukraine, presents an opportunity for investors to look...
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- Aug 2
- 2 min
Malaysia Has Sufficient Factors to Achieve 6% Growth This Year, Says MIDF Amanah Investment Bank
From stronger trade performance to domestic spending, Malaysia has sufficient reason to remain confident in its economy, which is set to...
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- Aug 2
- 1 min
Petronas, South Korean Companies to Explore Opportunities in Carbon Capture and Storage Value Chain
Petroliam Nasional Bhd (Petronas) has inked a memorandum of understanding (MOU) with six South Korean companies, to undertake conceptual...
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- Jul 29
- 1 min
Asia Gas Prices Extend Surge as Region Seeks More Supply
Asian natural gas prices rallied to a fresh four-month high as utilities in the region stepped up efforts to compete with their...
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- Jul 28
- 2 min
Oil Prices Edge Up on Low Inventories, High Gasoline Demand in U.S.
Oil prices edged up on Thursday, extending gains from the previous session, buoyed by lower crude inventories and higher gasoline demand...
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