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Malaysia Aug 2020 Exports Slip 2.9% On-Year to RM79.2b
Malaysia's exports slipped 2.9% year-on-year (y-o-y) to RM79.2 billion in August 2020 as external sales of petroleum products, liquefied...

MTT Shipping
Sep 29, 20201 min read
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ISO 9001:2015 QMS and ISO 45001:2018 OHS Certified!
MTT Shipping Sdn. Bhd. has been awarded ISO 9001:2015 QMS and ISO 45001:2018 OHS certification, an internationally recognised standard...

MTT Shipping
Sep 17, 20202 min read
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MITI Formulates Strategies to Speed Up Recovery of Trade, Economic Activities
The Ministry of International Trade and Industry (MITI) has introduced several measures and strategies, including tax exemption and...

MTT Shipping
Sep 15, 20202 min read
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Malaysia’s IPI Returns to Positive Growth Of 1.2% In July 2020
Malaysia’s industrial production index (IPI) returned to positive growth of 1.2% in July 2020 for the first time since February. In a...

MTT Shipping
Sep 11, 20201 min read
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BIMCO: A Look Into 2020 Fleet Growth
Containerships The container shipping fleet has grown by 1.6% since the start of the year, reaching a total capacity of 23.2 million TEU....

MTT Shipping
Sep 11, 20202 min read
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BNM Maintains OPR at 1.75% As Global Economy Continues to Improve
Bank Negara Malaysia's (BNM) Monetary Policy Committee (MPC) has decided to maintain the overnight policy rate (OPR) at 1.75%, with the...

MTT Shipping
Sep 11, 20202 min read
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Malaysia, France To Strengthen Economic Relations Through Investments
The Malaysian Investment Development Authority (MIDA) welcomes a proposal by France’s MEDEF International to ink a memorandum of...

MTT Shipping
Sep 10, 20202 min read
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Malaysia Records RM63.7b In Commodity Export Earnings from Jan-June 2020, Says Minister
Export earnings from commodity products in the first six months of this year amounted to RM63.7 billion or 14.2 per cent of the country’s...

MTT Shipping
Sep 10, 20202 min read
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Federal Government Supports Sapangar Bay Port Expansion
Expansion works will begin on Sapangar Bay Container Port in Malaysia this year, resulting in the facility’s annual capacity more than...

MTT Shipping
Sep 7, 20201 min read
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Global Ship Orders May Take Decade to Mend as Crisis Builds
There’s hardly anyone buying new ships, with orders plunging to a 20-year low due to a potent combination of uncertainty over...

MTT Shipping
Sep 4, 20203 min read
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Box Ships Surpass Tankers with Fitted Scrubbers: BIMCO
Containerships with a total cargo carrying capacity of 5.3 million TEU are now fitted with an exhaust gas cleaning system (scrubber) to...

MTT Shipping
Sep 4, 20203 min read
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Global Trade Seen Rebounding Faster Now Than Post-Lehman
Global trade is on course to recover more quickly from the coronavirus pandemic than after the 2008 financial crisis, according to...

MTT Shipping
Sep 4, 20201 min read
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MTT Shipping Supports Kinabalu Pink Ribbon as Breast Cancer Survivors Climb Mount Kinabalu
To commemorate the 10th anniversary of Kinabalu Pink Ribbon (KPR), the association completed their fifth climb to the highest mountain in...

MTT Shipping
Sep 4, 20201 min read
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MITI: July Exports Rise 3.1%, Trade Surplus Soars 57.5%
Malaysia's exports in July 2020 increased 3.1% to RM92.53 billion from that in July 2019, the highest export value ever recorded for the...

MTT Shipping
Aug 29, 20203 min read
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MIDF Revises Malaysia's Export Growth Forecast Upward
MIDF Amanah Investment Bank Bhd has revised Malaysia's export growth forecast upward to -3.5 percent year-on-year (YoY) from -8.3 percent...

MTT Shipping
Aug 29, 20202 min read
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Idle Box Ship Volume Falls Below 1m TEU For First Time This Year
The latest survey by Alphaliner shows that some 90 containerships, equating to over 600,000 TEU of capacity, have found employment in the...

MTT Shipping
Aug 28, 20202 min read
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BNM: Malaysia GDP contracted 17.1% in 2Q20, worst decline since 4Q98
Malaysia’s gross domestic product (GDP) contracted by 17.1% in the second quarter of 2020 (2Q20) mainly due to the movement control order...

MTT Shipping
Aug 14, 20202 min read
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Malaysia's Manufacturing Output Continues Its Rebound
The recovery in the Malaysian manufacturing sector continued in July, according to the headline IHS Markit Malaysia Manufacturing...

MTT Shipping
Aug 14, 20202 min read
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US-China Trade War Does Not Have Major Impact on Malaysia's Trade — MITI
The Ministry of International Trade and Industry (MITI) said Malaysia’s trade with the US in January to June 2020 registered an increase...

MTT Shipping
Aug 14, 20202 min read
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How Steep Will Malaysia's 2Q20 GDP Contraction Be?
Given the unprecedented Movement Control Order (MCO) to contain the Covid-19 outbreak, it is a foregone conclusion that Bank Negara...

MTT Shipping
Aug 14, 20203 min read
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