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Business

October launch for Klang Sentral

KLANG Sentral, billed as the most modern transportation hub in Malaysia and the largest commercial centre in Meru, Selangor, will be launched in October.

Business

Govt still looking for suitable site to expand Port Klang

PETALING JAYA: The Government is still looking for a suitable location to expand Port Klang’s capacity, and both the existing port operators would be given the first right of refusal to develop such a terminal, said a government official familiar with the matter.

Business

Port Klang to be among world's busiest ports in 2016

PORT KLANG: The Port Klang Authority (PKA) is confident of breaking into the Top 10 list of the world’s busiest ports in two years’ time, driven by the expansion of both its terminal operators and, surprisingly, the support of the controversial Port Klang Free Zone (PKFZ) that has taken off quite well.

Business

Glencore to take 200,000 T of aluminum from ISTIM Port Klang warehouses

LONDON: Mining giant Glencore has bought 200,000 tons of aluminum on the London Metal Exchange and will take delivery of the metal from warehouses owned by ISTIM UK in Port Klang, Malaysia, five sources familiar with the matter said.

Business

Port Klang to move up one spot in container league

PETALING JAYA: Port Klang is expected to move up one spot to the 11th placing in the World Container League for 2016, boosted by its strong performance in terms of container throughput and transshipment growth.

Business

GE Plastics to spend RM3.8mil in Klang manufacturing facility upgrade

GE Plastics Malaysia will invest US$1mil (RM3.8mil) this year to upgrade its multi-walled polycarbonate sheet manufacturing facility in Klang.

Business

Port Klang aims for 20 million TEUs

KUALA LUMPUR: Port Klang will have the capacity to handle almost 20 million twenty-foot equivalent units (TEUs) of containers by 2016, as both Northport Malaysia Bhd and Westports Malaysia Sdn Bhd are undergoing expansion plans.

Business

Queue to take aluminium out from ISTIM's Port Klang warehouses now 118 days

LONDON: Queues to take aluminium out of London Metal Exchange-approved warehouses owned by ISTIM UK in Port Klang, Malaysia, jumped to 118 days at the end of January from zero in December, data from the exchange showed on Monday

Business

Pressure on office occupancy and rental in the Klang Valley

PETALING JAYA: The vast incoming supply of office space in the Klang Valley, amid the tight leasing market, is expected to increase pressure on occupancy and rental levels.

Business

More malls to enter the fray in the Klang Valley

PETALING JAYA: An estimated 6.58 million sq ft of net lettable space from more than 10 malls is expected to enter the Klang Valley retail market in the second half this year, raising concerns of added pressure on occupancy levels for both existing and incoming stock.