1m ago
IPOH, Sept 11 (Bernama) -- Five high-impact projects identified for Perak under the 13th Malaysia Plan (13MP) are not merely physical developments but strategic initiatives set to reshape the state’s economy.
1m ago
KUALA LUMPUR, Sept 10 (Bernama) -- Oceancash Pacific Bhd (OPB) has entered into a conditional share sale agreement (SSA) with Paragon Union Bhd to acquire Paragon Car Carpets & Components Sdn Bhd (PCCCSB) for RM13.42 million.
1m ago
KUALA LUMPUR, Sept 9 (Bernama) -- The Ministry of Investment, Trade and Industry (MITI) is finalising the New Customised Incentive Mechanism (NCM), aimed at providing a more transparent and attractive tax and incentive structure to strengthen Malaysia’s automotive industry.
1m ago
TANJONG MALIM, 4 Sept (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim has invited Chinese automotive giant Zhejiang Geely Holding Group Co Ltd (Geely) to increase its investment in a bid to develop the Automotive Hi-Tech Valley (AHTV) here.
1m ago
KUALA LUMPUR, Aug 28 (Bernama) -- Hap Seng Consolidated Bhd’s net profit dipped to RM143.68 million in the second quarter ended June 30, 2025 (2Q 2025) from RM170.13 million in the same period last year.
1m ago
KUALA LUMPUR, Aug 27 (Bernama) -- Sime Darby Motors Sdn Bhd expects its losses to cease in the financial year ending June 30, 2026 (FY2026), supported by branch consolidation in China, said managing director Andrew Basham.
1m ago
KUALA LUMPUR, Aug 27 (Bernama) -- Sime Darby Bhd recorded a lower net profit of RM2.06 billion for the financial year ended June 30, 2025 (FY2025), a decrease of 37.7 per cent from the RM3.31 billion last year, due to the absence of a one-off RM2 billion gain from the sale of its healthcare business.
1m ago
KUALA LUMPUR, Aug 26 (Bernama) -- GWM, a Chinese automotive brand, has officially launched production at its Brazil plant, marking a major step in the company’s global strategy and a defining moment for Chinese intelligent manufacturing abroad.
1m ago
KUALA LUMPUR, Aug 21 (Bernama) -- Oriental Holdings Bhd recorded a net loss of RM59.67 million in the second quarter ended June 30, 2025 (2Q 2025) from a net profit of RM38.19 million in 2Q 2024.
1m ago
KUALA LUMPUR, Aug 21 (Bernama) -- Toshiba Electronic Devices & Storage Corporation (Toshiba) has launched the "TLX9161T", an automotive photorelay engineered for electric vehicle (EV) battery systems, with volume shipments having begun.
1m ago
KUALA LUMPUR, Aug 20 (Bernama) -- Volkswagen Group Malaysia (VGM) has forged a partnership with PKT Logistics (M) Sdn Bhd (PKT) in an effort to further enhance its logistics efficiency in the country.
1m ago
KUALA LUMPUR, Aug 20 (Bernama) -- Malaysia’s automotive sector total industry volume (TIV) for August 2025 is expected to be stronger than July 2025, driven by aggressive Merdeka celebration sales.