BNM International Reserves Up 2.2% to US$107.5 Bil as at Nov 15
The international reserves of Bank Negara Malaysia (BNM) amounted to US$107.5 billion (RM492.7 billion) as at Nov 15, up 2.2% from...
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MTT Shipping
- Nov 22, 2022
- 2 min
New Initiative Launched to Encourage Ports to Accelerate Zero-Emission Efforts
Pacific Environment’s Ports for People campaign has launched a new initiative to assess port progress towards zero-emission shipping, P4P...
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MTT Shipping
- Nov 22, 2022
- 2 min
MTF: Alternative Fuel Pilots and Training are Important for Safe Maritime Decarbonisation
The Maritime Technologies Forum (MTF), founded by seven flag states and classification societies including DNV and Lloyd’s Register, has...
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MTT Shipping
- Nov 19, 2022
- 2 min
APEC: Malaysia Encourages Set Up of Collaborative Platform to Address Financial Needs of MSMEs
Malaysia encourages Asia-Pacific Economic Cooperation (APEC) economies to set up a collaborative platform that address the financial...
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MTT Shipping
- Nov 19, 2022
- 3 min
IMF Chief Says Trade Divide Could Cost Global Economy US$1.4 Tril
The rise of trade barriers against China and other countries over the past year could cost the global economy US$1.4 trillion, on top of...
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MTT Shipping
- Nov 18, 2022
- 1 min
Ambank Sees Malaysia's 2022 GDP Growth at 8.5%-9% and 4.5% for 2023
Ambank Research expects Malaysia’s economic growth for 2022 to be at 8.5% to 9% with fourth quarter (4Q22) gross domestic product (GDP)...
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MTT Shipping
- Nov 18, 2022
- 2 min
PSA Marine Launches Real-Time Ship Supply Alert Service
PSA Marine (Pte) Ltd unveiled OHS-Sapphire, a first-of-its-kind digital solution that provides shipmasters with real-time alerts of...
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MTT Shipping
- Nov 3, 2022
- 3 min
Ukraine Grain Export Deal Back on Track as Russia Resumes Participation
Russia said on Wednesday it would resume its participation in a deal freeing up grain exports from war-torn Ukraine, reversing a move...
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MTT Shipping
- Nov 3, 2022
- 2 min
Bank Negara hikes OPR again to 2.75%
Bank Negara Malaysia (BNM) today increased the overnight policy rate by another 25 basis points to 2.75% in the fourth such move this...
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MTT Shipping
- Nov 3, 2022
- 1 min
Oil Slips as Dollar Firms, but Supply Worries Check Losses
Oil futures fell early on Thursday (Nov 3) as the dollar firmed on the US Federal Reserve's (Fed) hawkish stance, but concerns over...
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MTT Shipping
- Nov 3, 2022
- 2 min
HHI Unveils Lashing-Free Containership Design
South Korean shipyard Hyundai Heavy Industries (HHI) has developed a new containership concept that does not require fixing of...
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MTT Shipping
- Nov 3, 2022
- 1 min
Port Houston to Implement Container Dwell Fee to Improve Cargo Fluidity
Effective December 1, Port Houston will implement a “sustained import dwell fee” to incentivise cargo movement at the Barbours Cut...
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MTT Shipping
- Nov 2, 2022
- 1 min
Manufacturing Decline Mainly Reflects Weaker Demand, Says MIDF
The decline in Malaysia’s October manufacturing mainly reflects weaker demand which caused manufacturers to adjust production lower,...
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MTT Shipping
- Nov 2, 2022
- 2 min
Bursa Malaysia Inks Sustainability MOU with London Stock Exchange Group
Bursa Malaysia Bhd has inked a memorandum of understanding (MOU) with the London Stock Exchange Group (LSEG) to expand environmental,...
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MTT Shipping
- Nov 1, 2022
- 1 min
Copper Shortage Could Slow Global Energy Transition — Report
The pace of the global energy transition could be slowed by a looming shortage of copper. Citing chairman and chief executive officer...
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MTT Shipping
- Oct 31, 2022
- 3 min
Wind Propulsion Technology has a Bigger Role to Play in Decarbonizing Shipping
Wind propulsion needs to be integrated into the regulatory process as soon as possible, and declassified from a ‘fuel efficiency measure’...
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MTT Shipping
- Oct 20, 2022
- 1 min
BNM Stance can Slow Singapore-Malaysia Forex Ascent
The ascent of SGD (Singapore dollar)/MYR (ringgit) to record highs has been powered by the rare inversion of short-term rates in...
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MTT Shipping
- Oct 20, 2022
- 1 min
Oil Prices Start Session Mixed on Uncertain Demand, Supply Concerns
Oil prices opened mixed in early Asian trade on Thursday (Oct 20), as investors balanced caution over tightening supply against lower...
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MTT Shipping
- Oct 20, 2022
- 2 min
Vietnam Sees Fastest Growth in Southeast Asia for Two Years
Prime Minister Pham Minh Chinh is confident Vietnam’s growth will exceed expectations this year, and retain the title of Southeast Asia’s...
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MTT Shipping
- Oct 20, 2022
- 2 min
Port of Rotterdam Picks Drones to Monitor Air and Sea Pollution
The Port of Rotterdam Authority has revealed that it will test drones to conduct sea-going and inland shipping inspections to tackle...
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