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Westports poised to benefit from trade recovery

KUALA LUMPUR: As Malaysia's largest marine port operator, Westports Holdings Bhd is positioned front and centre to benefit from a pick up in the country's trading activities, underpinned by a robust recovery in intra-Asia trade.

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Westports in RM39 6 billion expansion to tap Port Klang s bullish prospects, Companies & Markets

Westports in RM39 6 billion expansion to tap Port Klang s bullish prospects, Companies & Markets
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Maybank IB: Red Sea crisis has minimal impact on Malaysia s shipping, ports

Maybank IB: Red Sea crisis has minimal impact on Malaysia s shipping, ports
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Red Sea crisis has minimal impact on local shipping, ports

PETALING JAYA: The impact of the Red Sea crisis on Malaysia’s shipping and ports is minimal compared to that on European countries, which depend heavily on Asian exports, thus they need to bear the brunt of higher shipping costs, said Maybank Investment Bank (Maybank IB).

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Low impact on M sia from Red Sea crisis

The ongoing Red Sea crisis is expected to have minimal impact on Malaysia compared to countries in Europe, as they tend to rely heavily on Asian exports, thus bearing the brunt of the shipping costs.

Red seaDjibouti generalMalaysia generalWestports holdings bhdMaybank investment bank bhdInvestment bank bhdWestports holdingsFar east

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