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A fully-loaded freight train bound for Europe departed the city of Hanzhong in northwest China's Shaanxi Province on Wednesday (March 31), marking a new station on the route map of the China-Europe freight train service.
SHANGHAI: Surging overseas orders for Chinese goods are creating rising pressure on ports and shipping companies, and related parties are working together to break the deadlock.
KUALA LUMPUR: The headline IHS Markit Malaysia Manufacturing Purchasing Managers’ Index (PMI) – a composite single-figure indicator of manufacturing performance – rose to 49.9 in March from 47.7 in February.
BANGKOK (The Nation/ANN): Despite the massive Ever Given ship being freed from choking the Suez Canal and the smooth flow now of cargo vessels through the vital waterway, the private sector believes the overall problem is not over yet and it won't be all smooth sailing for exports.
Hydrogen could become a common and clean fuel source in the future, potentially powering trains, planes, trucks and factories.
LONDON (Bloomberg): Now removed from the Suez Canal’s main channel, the Ever Given leaves in its wake several weeks or months of disruptions across a world economy where the pandemic revealed both the sturdy backbone of global trade and an Achilles’ heel.
PETALING JAYA: Reverting the East Coast Rail Link (ECRL) to its original alignment was not done to serve any political motive, says the Transport Ministry.
KUALA LUMPUR: PDZ Holdings Bhd’s net loss widened to RM6.5mil in the fourth quarter ended Dec 31, 2020 against RM2.82mil in the same period a year ago.
KUALA LUMPUR: The Suez Canal blockage will have minimal impacts on glove makers earnings and the consumer sector for the financial year ending 2021 (FY21).
CAIRO (Bloomberg): The giant container ship blocking the Suez Canal has been at least partially refloated, the first step toward getting one of the world’s most important trade arteries moving again.