logo
Malaysia aims to be top logistics hub

Malaysia aims to be top logistics hub

The Star4 days ago

Putting plans in action: Tengku Zafrul (second from left) at the groundbreaking ceremony of the SCC MY project in Bukit Raja, Klang. — KK SHAM/The Star
KLANG: Malaysia is now one step closer to its dream of ­beco­ming Asean's premier logistics and trade hub with the groundbreaking of the Supply Chain City Malaysia (SCC MY) project, says Tengku Datuk Seri Zafrul Abdul Aziz.
To be built by Singapore-based supply chain and logistics cong­lo­merate YCH Group in partnership with Sime Darby Property, the RM500mil valued project will see the construction of a modern smart logistics facility in Bandar Bukit Raja.
The Investment, Trade & Indus­try Minister (Miti) said SCC MY will include state-of-the-art automation and AI-driven logistics systems, almost never seen before in the country.
'Combined with planned sustainability solutions, this project is set to accelerate industrial transformation through ­advan­ced supply chain solutions and logistics innovation.
'This facility will elevate Malay­sia's logistics industry to a new level of global competitiveness,' he said in his speech at the project's groundbreaking ceremony here yesterday.
Tengku Zafrul also revealed that the project will help train local talent for these automated systems with the integration of Singapore's LEARN ecosystem through collaboration with Sin­ga­pore's Supply Chain and Logistics Academy (Scala).
'This will ensure our local hired talents are equipped with higher-­end skills while future-proofing our supply chain ecosystem,' he said.
Tengku Zafrul also said SCC MY is the first project under the New Industrial Master Plan 2030 (NIMP 2030) and is a testament to increasing regional cooperation in Asean.
'This project embodies the ­spi­rit of innovation, collaboration and resilience that defines our nation and the region while also being a testament to our com­mit­ment to fostering sustainable growth and regional inte­gration.
'The government, through Miti and other relevant agencies, stands ready to support this endea­vour and ensure its success,' he added.
YCH Group executive chairman Robert Yap said SCC MY would set new standards of logistics excellence in the country.
'We are dedicated to training local talent, empowering them with essential skills to support Malaysia's journey to become a preferred destination for global businesses,' he said.
Yap also revealed that the ­project will integrate sustainable solutions to its operations like renewable energy through the use of solar panels across its entire rooftop of the facility.
He added that YCH will also look to invest in local start-­ups and help integrate them into SCC MY's planned logistics ecosystem.
Sime Darby Property group managing director and chief ­exe­cutive officer Datuk Seri Azmir Merican said the project will strengthen and bring much ­needed innovation to local supply chain infrastructure.
'YCH brings a strong regional portfolio that will strengthen Bandar Bukit Raja as a strategic point in the regional supply chain network.
'This project is a timely example of much-needed cross-border collaboration, aligning with the region's shared focus on eco­no­mic integration, sustainable and inclusive growth.
'Through our collaboration, we hope to strengthen trade linkages, support innovation and con­tri­bute meaningfully to broader regional priorities,' he said.

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Tineco Updates S9 Line-up with S9 Artist Steam Floor Washers for an Even Better Cleaning Experience
Tineco Updates S9 Line-up with S9 Artist Steam Floor Washers for an Even Better Cleaning Experience

Malay Mail

timean hour ago

  • Malay Mail

Tineco Updates S9 Line-up with S9 Artist Steam Floor Washers for an Even Better Cleaning Experience

Tineco launches the S9 Artist Steam—the latest addition to their best-selling S9 lineup. Experience the ultimate clean with this innovative floor washer, where cutting-edge technology meets energy efficiency and sleek design for unmatched performance. To complement the launch, exclusive brand-led promotions will be available on selected online platforms for purchases made on 6 June. Tineco S9 Artist Steam Tineco S9 Artist Steam Device Availability Key Features Launch Promotions T&Cs apply, while stocks last Floor One S9 Artist Steam Available now on Shopee, Lazada, TikTok Shop and Mass Retailers - 284°F (140°C) HyperSteam Technology - Triple-sided Edge Cleaning - 75-Minute Runtime - Triple-sided Edge Cleaning Free Tineco iCarpet Spot Cleaner (worth S$379) + 6 bottles of cleaning solution SINGAPORE - Media OutReach Newswire - 3 June 2025 - Tineco, a global leader in smart cleaning technology, today announced the launch of the S9 Artist Steam on 6 June, a powerful upgrade to Tineco's top-performing S9 range, complete with a line-up of attractive promotional offers. This new innovative addition comes with upgrades to enhance cleaning experience, including HyperSteam Technology, Flash Charging and for performance, precision, and modern lifestyles, the S9 Artist Steam brings together HyperSteam technology and AI-driven smart maintenance, earning the title of "The Ultimate Cleaning, Redefined with Unique Style" for S9 Artist Steam introduces several key upgrades from its predecessor, further enhancing its performance and convenience. One of the most notable improvements is the 140°C HyperSteam technology, along with its Dual-Stage Heating that targets oil and grime with unmatched efficiency, outperforming traditional single-stage systems that leave residue behind. This ensures deeper sanitation by dissolving stubborn dirt and bacteria more has also been significantly extended, with the new model delivering up to 75 minutes of operation on a single charge—a notable increase from the S9 Artist's 50-minute capacity. This offers users more time and coverage without interruption. In addition, the introduction of Flash Charging technology allows the device to recharge more rapidly while the 2A fast charging doubles the speed for quick readiness – minimising downtime between the 22kPa Powerful Suction, deep-cleans floor crevices, instantly removing dust and debris. Finally, the Triple-sided Edge Cleaning feature replaces the earlier double-sided system to ensure even more thorough cleaning along walls and mark the launch of the S9 Artist Steam, Tineco will roll out exclusive promotions across all official retail channels from 6 June. Customers purchasing through Tineco's official website, Lazada and Shopee flagship stores on 6 June, will enjoy a host of value-added #Tineco The issuer is solely responsible for the content of this announcement. About Tineco Founded in 1998, Tineco is a high-tech company and a wholly-owned subsidiary of ECOVACS Group (SHA: 603486). Dedicated to innovation, Tineco has consistently delivered smart home cleaning solutions that redefine convenience and efficiency. With the launch of the Floor One S9 Artist and Floor One Switch S7 Stretch, Tineco continues to lead the way in creating products that make everyday life easier and more enjoyable.

Tariff, policy risks set to weigh on market in 2H25
Tariff, policy risks set to weigh on market in 2H25

New Straits Times

time2 hours ago

  • New Straits Times

Tariff, policy risks set to weigh on market in 2H25

KUALA LUMPUR: Market sentiment is expected to remain fragile heading into the second half of the year, as investors brace for a combination of external tariff risks and domestic policy shifts that could weigh on earnings and consumption. In its strategy note, CIMB Securities flagged several looming challenges that may limit upside for equities, despite supportive valuations and ample market liquidity. Chief among them is the scheduled end of the US 90-day tariff reprieve on July 9, which could see the reinstatement of elevated reciprocal tariffs between the world's two largest economies. "This adds another layer of trade friction to an already cautious global backdrop," the firm said. On the local front, investors are anticipating potential adjustments to the RON95 fuel subsidy, a move that could raise transport and logistics costs for businesses, while straining household budgets. CIMB Securities also cited the possible implementation of a higher sales and service tax and an expected increase in electricity tariffs in the second half of 2025. "Together, these measures could contribute to inflationary pressures and squeeze corporate margins," it said. "These headwinds may erode near-term earnings visibility and investor risk appetite, even as Bursa Malaysia trades at an undemanding 12.7 times forward price-to-earnings and offers a 4.2 per cent dividend yield." While acknowledging that policy reforms are necessary for long-term fiscal consolidation and subsidy rationalisation, it said the timing and communication of such measures would be critical to avoid unsettling investors. Still, the firm noted that downside risks may be partially cushioned by strong domestic liquidity and a strengthening ringgit. Additional support could come from long-term structural initiatives such as the National Energy Transition Roadmap, the Johor-Singapore Special Economic Zone, and the New Industrial Master Plan 2030.

‘No loyalty, no problem': Zahid says Tengku Zafrul's exit won't spark tensions in Umno
‘No loyalty, no problem': Zahid says Tengku Zafrul's exit won't spark tensions in Umno

Malay Mail

time3 hours ago

  • Malay Mail

‘No loyalty, no problem': Zahid says Tengku Zafrul's exit won't spark tensions in Umno

LONDON, June 3 — The decision by the Minister of Investment, Trade and Industry Datuk Seri Tengku Zafrul Abdul Aziz to quit Umno has not disrupted or raised tension within the party, according to Datuk Seri Ahmad Zahid Hamidi. The Deputy Prime Minister, who is also the Umno President, stated that most grassroots members view Tengku Zafrul's resignation from the party as appropriate given his lack of loyalty to Umno. 'I don't see any indication of 'temperature rising' within Umno. It's better for him to leave if there is no loyalty to the party. Don't disturb him because he is currently performing the Hajj, hopefully, peace will surround his mind,' he said. He made these remarks during a press conference after chairing a pre-meeting with the Malaysian delegation in conjunction with his four-day working visit to the United Kingdom, which began yesterday. Last Friday, Tengku Zafrul announced via a Facebook post that he had submitted his resignation from Umno to join PKR. Meanwhile, addressing the question of a cabinet reshuffle if Tengku Zafrul's position as Minister of Investment, Trade and Industry needs to be replaced, Ahmad Zahid said discussions on the matter should be held internally within the Unity Government. 'The absolute right to appoint ministers rests with the Prime Minister (Datuk Seri Anwar Ibrahim), and in this matter, it is better for us to hold internal discussions to avoid various interpretations,' he said. Earlier, Ahmad Zahid was reported to have said that Umno wants its quota of seven full ministers in the Federal Cabinet to be restored to the party following Tengku Zafrul's action. — Bernama

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store