Latest News : business

Hans | October 21, 2014
Volkswagen Group Malaysia (VGM) is still actively considering several more models for local assembly at its partner DRB-Hicom's plant in Pekan, Pahang, said Managing Director Armin Keller. In addition to that,, the company is looking to test the market with several body styles and powertrain ...
Hans | October 20, 2014
The Indian government is taking advantage of the current slump on crude oil prices to wean the country off unsustainably-high fuel subsidies, reports Reuters. On Saturday, the Indian government lifted price controls on diesel fuel, floating it on a free market but because of the ...
Hans | October 16, 2014
Car prices should be reduced once the current 10 percent sales tax is replaced by the six percent goods and services tax (GST) come 1-April 2015, says Deputy Finance Minister Datuk Ahmad Maslan. ...
Hans | October 15, 2014
The Malaysian automotive industry needs to be more realistic and careful about communicating to the Malaysian public that prices of cars are coming down, says BMW Group Malaysia. ...
Hans | October 13, 2014
There is no truth behind report of Kah Motor Co Sdn. Bhd., a subsidiary of Oriental Holdings taking over the distributorship of Mitsubishi vehicles in Malaysia, confirms a spokesperson for Mitsubishi Motors Malaysia, the sole distributor of Mitsubishi Motors vehicles in Malaysia. ...
Hans | October 13, 2014
A new plan to restructure fuel subsidies is now ready and will be by Prime Minister Najib Abdul Razak in a few weeks time. ...
Hans | October 10, 2014
Earlier today, Prime Minister Najib has announced that RON95 petrol and diesel will be exempted from the Goods and Services Tax (GST), which will be implemented on April 2015. ...
Hans | October 10, 2014
Prime Minister Najib has announced that RON95 petrol, diesel and LPG fuels are exempted from GST. ...
Gerard | October 10, 2014
Ford in Malaysia announced today, its September sales figures today which showed a healthy improvement. With an increase of 52% to 1,183 units, this marks Ford’s best-ever September sales performance in the country. ...
Hans | October 10, 2014
Not many may know this, but besides building cars, Toyota is also involved in several non-automotive businesses - building pre-fabricated houses, biotechnology and marine. Today, Toyota Marine has just launched its latest product - the Ponam-31 Sports Utility Cruiser. ...
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