PETALING JAYA: The recent surge in the global shipping freight rates — the shipping bulk dry index — may signal rosy times for some sectors of the Malaysian shipping industry. A 9% rise last week of the Baltic Dry Index (BDI), which has risen 45% so far this month,...
KUCHING: The federal government has been asked to introduce a double tax deduction on freight charges for three business categories in the state. Industrial Development Minister Datuk Amar Awang Tengah Ali Hasan said the double deductions should cover the exports of...
The decision of the Court of Appeals, stopping Federal Express Pacific Inc. from operating locally due to Constitutional restrictions, may lead to the airfreight forwarding industry’s “shake-down,” industry sources and a seasoned stock analyst said. Eagle Securities...