Penaga published a report on Malaysian ports face capacity tests as the Middle East crisis shifts global trade flows.

Malaysia needs to turn temporary shipping gains into structural advantage — Penaga Research

Malaysia needs a more nimble policy response to the Middle East crisis to turn the surge in trade and shipping activity into longer-term economic gains, according to Penaga Research and Consultancy.

Penaga Research and Consultancy says Putrajaya must act preemptively having benefitted largely from geography and a 'fortunately timed semiconductor cycle'.

Penaga Research & Consultancy said anchored within the Johor-Singapore Special Economic Zone (SEZ), the project reflects a complementary axis where Singapore provides trading infrastructure while Johor offers land and terminal capacity.

"According to a recent report by Penaga Research & Consultancy, the escalating conflict in the Middle East has increased disruption to global oil supplies, as nearly 20% of the world's supply depends on the Strait of Hormuz route."