Diesel rise, the lorries will rather forego the business just to save on fuel cost? They won't try to find alternative ways to charge back their customers, and just cut the trip (and lose the business)? If their biz totally screwed up by diesel cost and they close shop, will someone else who can make the cut takeover the biz?
Regarding taking less trip, that is cost optimization. Whether diesel rise or not, companies would already aim for cost optimization with less trip, not a new concept. Perhaps some would've only just woke up and realize they need to optimize their trip to save cost. I leave it to your imagination how many vehicles would be in this category
Chow Kon Yeow Misses Event After Being Stuck In Traffic For 9 Hours On North-South Expressway
A combination of public holidays, including Malaysia Day, Prophet Muhammad’s birthday, and school holidays, led to a massive traffic jam on the northbound lane of the North-South Expressway on Sep 14, 2024.
Penang Chief Minister Chow Kon Yeow was among the many travellers affected by the gridlock, causing him to miss an important banquet in his constituency.
Chow had been attending the launch of the 100th Malaysia Agriculture, Horticulture, and Agro-tourism Exhibition (MAHA 2024) in Serdang, Selangor, officiated by Prime Minister Dato’ Seri Anwar Ibrahim.
According to Oriental Daily, during the Zhongyuan Festival banquet, Penang Chinese Town Hall Vice Chairman explained Chow’s absence, noting that the Chief Minister had been caught in traffic for nine hours on his way back from Selangor.
The Public-Private Partnership Masterplan 2030 (PIKAS 2030) launched in September signals the Government's intention to expedite infrastructure expansion by leveraging on private sector resources. Key potential projects (which probably never made public headlines) highlighted under PIKAS 2030 include the Kuantan-Singapore Expressway, expansion of the West Coast Expressway (Banting-Nusajaya), Klang Logistics Corridor, Kuala LumpurKlang Expressway, and Pasir Gudang Expressway among others.
In the long run its definitely a good news If they could expedite completion of existing sections before embarking on the extension towards Johor, it may not dampen the near term prospects so much
Banting to Johor is a long long way to go, perhaps another 5 years at least lol But it is exciting to think of perhaps Banting to Port Dickson to Melaka to Johor
Sector Focus: Despite the ongoing market volatility, we believe the weaker ringgit at RM4.375/USD could lift sentiment in export-oriented sectors such as Gloves and Technology. Additionally, the Plantation sector is likely to trend positively in line with the CPO price rally, while the O&G sector could benefit from the rebound in oil prices amid unresolved tensions in the Middle East. For defensive plays, we favour the Consumer sector, with companies like MRDIY and 99SMART being attractive options.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
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WCE narrows Q1 net loss to RM25.8mil despite lower revenue
https://api.nst.com.my/business/corporate/2024/08/1095331/wce-narrows-q1-net-loss-rm258mil-despite-lower-revenue