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In 2006, Bursa Malaysia partnered with FTSE to provide a suite of indices for the Malaysian market, to enhance the KLCI. FTSE Bursa Malaysia KLCI was one of the indices created to replace the KLCI. The new index was adopted on 6 July 2009, with the opening value taken from the closing value of the old KLCI on 3 July 2009.
Freight rate. A freight rate (historically and in ship chartering simply freight [1]) is a price at which a certain cargo is delivered from one point to another. The price depends on the form of the cargo, the mode of transport ( truck, ship, train, aircraft ), the weight of the cargo, and the distance to the delivery destination.
A currency adjustment factor (CAF) is a fee placed on top of freighting charges for carrier companies developed to account for constantly changing exchange rates between the dollar and other currencies. Its goal is to offset any losses from fluctuating exchange rates for carriers. Calculation basis and methodology may vary from carrier to carrier.
Shelter costs rose 5.5% over the prior year, the slowest annual increase since June 2022 and down from a peak of 8.2% reached in March of last year. Shelter costs accounted for over two-thirds of ...
Chris Hemsworth had his family by his side to support him at his Hollywood Walk of Fame ceremony, where he was honored with a star on the iconic walkway. The Furiosa: A Mad Max Saga star, 40, was ...
Malaysia’s government announced Wednesday it was imposing a ban on all Israeli owned and flagged ships, as well as any vessels headed to Israel, from docking at its ports.