Maritime Industry sails into choppy waters in 2016
20 December 2016 | Source: Bernama
KUALA LUMPUR, Dec 20 (Bernama) -- The sombre mood encircling global trade in 2016, caused the maritime industry to sail through choppy waters, while forcing players to realign strategies to sustain business.

The lower global economic growth forecast of 2.4 per cent for the year, was also a downward revision from an earlier projection of 2.9 per cent. This has forced the players to continue to be wary of 2017 and its static outlook.

Please click here for the full text of the item.

Bernama

MLTIC works with BERNAMA, the national news agency of Malaysia, to bring you the latest Malaysian legal and tax developments. BERNAMA is one of the country's leading content providers of up-to-the-minute news reports, updates and analysis for newspapers, tv and radio stations, global wire services and the Internet. It provides several services including news-wire and online database services. MLTIC thanks BERNAMA for supporting the Free Access to Law movement in Malaysia.

Notice: The Publishers of MLTIC acknowledge the permission granted by the relevant official/original source for the reproduction of the above/attached materials. You shall not reproduce the above/attached materials in whole or in part without the prior written consent of the Publishers and/or the original/official source. Neither the Publishers nor the official/original source will be liable for any loss, injury, claim, liability, or damage caused directly, indirectly or incidentally to errors in or omissions from the above/attached materials. The Publishers and the official/original source also disclaim and exclude all liabilities in respect of anything done or omitted to be done in reliance upon the whole or any part of the above/attached materials. The access to, and the use of, MLTIC and contents herein are subject to the Terms of Use.