Sapangar Bay Port Trade Hub To Positively Impact Sabah's Economy

KOTA KINABALU, Nov 21 (Bernama) -- The Sabah State Government's aspiration to position Sapangar Bay Container Port (SBCP) as a regional trade hub is expected to deliver significant long-term economic benefits for the state, the State Assembly was informed today.

MASkargo Eyes Capacity Increase Through Partnership With Qatar Airways Cargo

By Danni Haizal Danial Donald

SEPANG, Nov 19 (Bernama) -- MAB Kargo Sdn Bhd (MASkargo) plans to increase its cargo capacity by leveraging its strategic partnership with Qatar Airways Cargo.

AV AirFinance To Strengthen Global Airline Relations With Executive Appointment

KUALA LUMPUR, Nov 18 (Bernama) -- AV AirFinance Limited (AV AirFinance), a global commercial aviation loan servicer, has appointed Jonathan O’Dowd as Senior Vice President, Investments.

CIMB Securities Projects Stronger Throughput Growth For Westports In 2025 On Transhipment Recovery

KUALA LUMPUR, Nov 11 (Bernama) -- CIMB Securities Sdn Bhd expects stronger throughput volume growth in 2025 for Westports Holdings Bhd driven by a recovery in transhipment volumes and sustained gateway cargo volumes.

DP World-Sabah Ports Partnership To Meet ASEAN’s Thirst For Seamless Seaborne Trade

By Harizah Hanim Mohamed

KUALA LUMPUR, Nov 10 (Bernama) -- Sapangar Bay Container Port (SBCP), through the synergy between Dubai-based DP World Plc and Sabah Ports Sdn Bhd (SPSB), is poised to integrate into DP World’s global network, strategically enhancing its role within Southeast Asia’s archipelagoes and enabling it to leverage the region’s rapid export growth.

Transport Ministry To Prioritise Improvement At Labuan Port

By Jailani Hasan

LABUAN, Nov 9 (Bernama) -- The Ministry of Transport is committed to advancing Labuan’s port facilities to make it a highly competitive port, bolstering its role as the island’s economic gateway.

Government To Leverage Sabah's Strengths, Capabilities To Attract High-tech Manufacturing Investors -- MITI

KUALA LUMPUR, Nov 6 (Bernama) -- The government plans to leverage Sabah's local strengths and capabilities to attract investors in the high-tech manufacturing industry, with a focus on downstream activities.

Global Passenger Demand Up 7.1 Pct In September, An All-time High -- IATA

KUALA LUMPUR, Nov 1 (Bernama) -- Total global passenger demand, measured in revenue passenger kilometres (RPK), rose by 7.1 per cent year-on-year (y-o-y) in September 2024 versus a year ago, an all-time high, according to the International Air Transport Association (IATA).

DHL Investing RM300 Mln On KL Gateway Facility

SEPANG, Oct 28 (Bernama) -- DHL Express has increased its investment in Malaysia with the launch of its new RM300 million Kuala Lumpur Gateway facility -- its largest local investment to-date.

RHB IB Keeps 'Neutral' Call On Transportation Sector

KUALA LUMPUR, Oct 18 (Bernama) -- RHB Investment Bank (RHB IB) maintained its “neutral” call on the transportation sector despite ocean freight capacity shortage anticipated to persist in the near term and air cargo is expecting a strong peak season driven by holiday demand.

MAVCOM On Track To Meet Passenger Traffic forecast Of Up To 97.6 Million This Year

KUALA LUMPUR, Oct 16 (Bernama) -- The Malaysian Aviation Commission (MAVCOM) is expected to meet its narrowed down passenger traffic forecast of between 95.4 million and 97.6 million passengers this year supported by the continued robust recovery of the Malaysian aviation sector in the first six months of 2024 (1H2024).

Malaysian Investors Should Seize Opportunities In Laos - MBCL

From Sharifah Hunaini Syed Ismail

VIENTIANE, Oct 12 (Bernama) -- Malaysian investors should seize investment opportunities in Laos as the “Land of A Million Elephants” holds great potential in hydropower, semiconductor, transport, electronics, logistics, and the halal market.