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DHL eCommerce going green in Malaysia & Vietnam

People receiving parcels and packages by DHL in Vietnam or Malaysia can soon start feeling less guilty about the carbon footprint generated by motorised door-to-door delivery services. As part of Deutsche Post DHL Group’s (DPDHLs) commitment to reduce all logistics-related emissions to net zero by the year 2050, DHL eCommerce has rolled out a fleet […]

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Singapore, Malaysia to sign agreement at 2pm today to defer high-speed rail project

SINGAPORE and Malaysia are set to sign an agreement to defer the high-speed rail(HSR) project on Wednesday afternoon. The 2pm signing will be witnessed by Singapore Deputy Prime Minister Teo Chee Hean, who is in Malaysia for a visit, as well as by Malaysian Prime Minister Mahathir Mohamad and Deputy Prime Minister Wan Azizah Wan Ismail. It will take place at the Prime Minister’s […]

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Malaysia: Ringgit remains lower ahead of BNM monetary policy meeting

KUALA LUMPUR: The ringgit remained lower versus the US dollar early Wednesday on lack of demand for the local note, a dealer said. At 9 am (0100 gmt), the ringgit traded at 4.1440/1470 versus the US dollar from Tuesday’s close of 4.1370/1420. The greenback continued to rise with the US economy continuing to exhibit strength amid rising concerns about the stresses enveloping some emerging markets, he said. […]

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Malaysia: 47% of youths have high credit card debts

KUALA LUMPUR: Forty-seven per cent of Malaysian youths have high credit card debts while 38 per cent have been identified as having personal loans, said Bank Negara Malaysia (BNM) Assistant Governor Nazrul Hisyam Mohd Noh.   Nazrul Hisyam said in 2017, more than 3,400 people between the ages of 20 and 30 sought counselling and help […]

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Singapore, Malaysia agree to defer HSR for two years; no RM500m penalty payment: Report

[KUALA LUMPUR] Malaysia and Singapore have reportedly struck an accord on the postponement of the Singapore-Kuala Lumpur High Speed Rail (HSR) project, with the agreement expected to be formally announced this week. The compromise, reached “in a spirit of good neighbourliness”, will see Malaysia being spared having to pay a RM500 million (S$168 million) penalty […]

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