| LATEST NEWS | ASEAN Secretary-General Dr Kao Kim Hourn arrives in Malaysia Tuesday for 58th AMM | |
KUALA LUMPUR, July 7 (Bernama) -- Westports Holdings Bhd’s container volumes are estimated to be higher in the second quarter of 2025 (2Q 2025) compared to 0.6 per cent recorded in the 1Q 2025 due to the start of the Gemini Cooperation shipping alliance from Feb 1, 2025, according to CGS International Securities Malaysia Sdn Bhd (CGS MY).
KUALA LUMPUR, June 26 (Bernama) -- The possible closure of the Strait of Hormuz following the recent Iranian parliamentary vote poses limited risk to Malaysia, said MIDF Amanah Investment Bank Bhd.
KUALA LUMPUR, May 13 (Bernama) -- CIMB Securities Sdn Bhd has maintained a 2025 growth forecast of 2.5 per cent for container throughput, underpinned by new services from shipping alliances, and potential front-loading activities during the 90-day tariff pause.
By Harizah Hanim Mohamed
KUALA LUMPUR, May 11 (Bernama) -- Malaysia’s maritime sector, including its ports, is not immune to the fallout from the tariff war, which can potentially deal a death blow to small companies if the cost of shipping cargo increases exorbitantly.
KUALA LUMPUR, May 9 (Bernama) -- Westports Holdings Bhd's net profit for the first quarter ended March 31, 2025 (1Q FY2025) rose by nine per cent to RM222.46 million, compared with RM204.51 million recorded in the same quarter a year ago.
KUALA LUMPUR, March 28 (Bernama) -- Bursa Malaysia stayed in negative territory at the midday break as profit-taking after recent rallies weighed on industrial product, telecommunication, and banking counters.
KUALA LUMPUR, March 24 (Bernama) -- Bursa Malaysia ended the morning session higher, lifted by renewed buying interest in selected heavyweight banking and consumer product counters.
KUALA LUMPUR, March 12 (Bernama) -- Kenanga Investment Bank Bhd (Kenanga IB) expects the domestic logistics sector to sustain steady growth in 2025, driven by the expanding e-commerce industry, the global technology upcycle fuelled by artificial intelligence (AI) demand, and a resilient United States (US) economy.
By Harizah Hanim Mohamed
KUALA LUMPUR, March 8 (Bernama) – The Federation of Malaysian Manufacturers (FMM) has called on the government to postpone the implementation of the proposed 30 per cent rise in port tariffs, particularly for container handling and storage, as it will have major implications on cost of doing business for manufacturers and shippers.
KUALA LUMPUR, Feb 20 (Bernama) -- Analysts are mixed on Westports Holdings Bhd’s outlook, with two investment banks offering differing perspectives.
KLANG, Feb 17 (Bernama) -- Port Klang is targeting 15 million twenty-foot equivalent units (TEUs) of container handling this year, representing a 2.3 per cent increase from 2024.
KUALA LUMPUR, Jan 24 (Bernama) -- Westports Holdings Bhd’s share price on Bursa Malaysia was slightly higher in early trading after posting a higher net profit of RM897.98 million for the financial year ended Dec 31, 2024 (FY2024) versus RM779.43 million in the preceding year.
