Shipowners hoping for a cooling in newbuild prices should brace for disappointment. Key yards are still posting enormous losses, despite...

Bank Negara Malaysia (BNM) has said its international reserves amounted to US$110.9 billion (RM497.38 billion) as at Aug 15. The reserves...

Prime Minister Datuk Seri Ismail Sabri Yaakob said the upcoming Budget 2023, to be tabled in October, will touch every segment of...

Shipowners and operators should be well into planning ahead for the EEXI and CII regulations coming in from 2023, and what improvements...

The government remains proactive in ensuring the stability of the ringgit and the financial market, Finance Minister Tengku Datuk Seri...

Canada's inverted yield curve is signaling the Bank of Canada may raise interest rates to a level that triggers a recession, placing the...

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...

OPEC on Thursday cut its 2022 forecast for growth in world oil demand for a third time since April, citing the economic impact of...

The Port of Tanjung Pelepas (PTP), a joint venture between Malaysia-based MMC group and Netherlands-based APM Terminals, hit a historic...

Scotland’s new offshore wind leasing round aiming to decarbonise the North Sea oil and gas sector and position offshore wind as a primary...

Malaysia and Thailand are committed to intensifying the development of infrastructure at the border, in an effort to boost trade and at...

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...

Congestion on the US West Coast led to a sharp increase in both demand and capacity on the Asia-US East Coast routes. Quoting...

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...

The United Nations Development Programme (UNDP) will continue to support the Government of Malaysia in accelerating technology adoption...

At the Romanian Black Sea port of Constanta dockers have worked for months to ship out Ukrainian grain in addition to their usual loads...

Singapore and Rotterdam have joined forces to develop the world’s longest green shipping corridor for low and zero carbon shipping. The...

Total exports of palm oil methyl ester (PME) from Malaysia and Indonesia hit an eight-month high in July, largely supported by seasonal...

Fears of a global recession, coupled with the ongoing conflict between Russia and Ukraine, presents an opportunity for investors to look...

From stronger trade performance to domestic spending, Malaysia has sufficient reason to remain confident in its economy, which is set to...