MOL raises stakes in Malaysia Japanese transport massive, mitsui o.S.K. Lines (mol), has accelerated its proportion in pkt logistics to 35% to bolster its standing in malaysia and wider south east asia. Pkt provides freight forwarding, customs brokerage, contract...
Freight forwarders in Malaysia are divided over the potential impact of Alibaba’s growing presence on the logistics industry. Promoted as “a game-changer” by Malaysian authorities at the FIATA World Congress in Kuala Lumpur last week, Alibaba will soon begin operating...
KUALA LUMPUR: The government is studying a mechanism to simplify and upgrade port documentation and shipping procedures through Port Klang Net and U Customs, said Transport Minister Datuk Seri Liow Tiong Lai. He said this would shorten the approval time from seven...
The top 20 global air freight forwarders have seen volumes sink about 3% in the first five months of this year, compared with growth of about 2% for all other forwarders. The latest data and analysis from WorldACD also shows that yields across the board from January...
Malaysia GST Rules Or Ruins? From A Ship Financier’s Perspective The hype is over! The long-debated goods and services tax (“GST”) was implemented on 1 April 2015 by virtue of the Goods and Services Tax Act 2014 [Act 762] (“the GST Act”)....