SUBSCRIBERS
South-east Asia a bright spot for MCC's intra-Asia trade
Published Tue, Dec 15, 2015 · 09:50 PM
Singapore
AP Moller-Maersk Group's intra-Asia unit MCC Transport is drawing increasing profit from box trade in South-east Asia, where business volume is seen expanding at a double- digit rate in some emerging economies.
MCC Transport's chief executive Tim Wickmann told BT South-east Asia made up 45 per cent of exports handled by the intra-Asia specialist in 2015.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
UBS weighs synthetic risk transfer amid capital boost proposals
Oil settles higher on supply concerns in the Mid-East, economic woes subdue gains
S-Reits falter as investors weigh possibility of zero rate cuts in 2024
CapitaLand Investment posts total revenue of S$650 million for Q1
Europe: Stoxx 600 logs best day in three months as banks shine
US: Stocks rally after strong tech results