From July 25, 2024, all online transactions with PUSPAKOM (online as well as at all branches) will require providing the Tax Identification Number (TIN) which is issued to each taxpayer by the Inland Revenue Board (LHDN).
This is necessary as...
The Goodyear Tire & Rubber Company has announced that it will sell its Off-the-Road (OTR) tyre business to Yokohama Rubber Company. The two companies today signed a definitive agreement for the transaction which is valued at US$905 million (about...
Ever since Toyota introduced its Prius in the late 1990s as the first mass-produced car with a hybrid powertrain – consisting of an electric motor working with a combustion engine – the race has been on to extend the...
Even as the Cyberster is still prominently featured in the motoring world, MG is showing another model – in concept form – that could be in showrooms in future. It’s the Cyber GTS Concept which had its debut at...
It’s a good time to buy imported CBU cars in Malaysia if they are electrically-powered. The government is allowing them to be imported and sold duty-free as an incentive to get Malaysians to switch to EV models.
The tax-free benefit...
There was a Ford factory in Singapore which operated up till 1980 and then ceased operations, ending all vehicle assembly in the country. But since May last year, vehicle assembly has resumed with Hyundai Motor making its IONIQ 5...
The J7 SUV from JAECOO, the premium SUV brand in the Chery Group, has been officially launched in Malaysia.
This is the first market in Southeast Asia that the brand is making its debut; not only that but Malaysia is...
Since its launch in 2020, the Proton X50 has been the first choice for Malaysians buying a SUV. To date, 115,262 units have been produced and delivered in Malaysia as well as in Proton’s overseas markets.
8,000 orders within a...
An important factor in the transition to electric vehicles is the charging infrastructure which is starting from zero. It’s the same in every country and in Malaysia, the government has set a target of 10,000 EV charging points nationwide...
China attracts many global automakers as it has the largest vehicle market in the world. Even a small share of the market (30.1 million new vehicles in 2023) means big volumes and justify developing or customising models just for...
While three Japanese automakers (Subaru, Suzuki and Honda) have announced that they will cease operations at their factories in Thailand, Chinese automakers are quickly doing the opposite in the country as well as the ASEAN region.
Though their plans would...
