1y ago
KUALA LUMPUR, Jan 21 (Bernama) -- The Malaysian Automotive Association (MAA) has signed a memorandum of understanding (MoU) with the Malaysia Automotive Robotics and IoT Institute (MARii) to collaborate on organising automotive exhibitions and motor shows on an alternate-year basis.
1y ago
By Zufazlin Baharuddin
KUALA LUMPUR, Jan 18 (Bernama) -- Ramssol Group Bhd is targeting to sell 100,000 to 200,000 used motorcycles this year through its digital platform, Rider Gate, developed by its subsidiary RAMS Autotech.
1y ago
KUALA LUMPUR, Jan 15 (Bernama) -- The Malaysia Automotive, Robotics and IoT Institute (MARii) has appointed Datuk Dr Aminar Rashid as the chairman of its board of directors (BOD), effective immediately.
1y ago
KUALA LUMPUR, Jan 14 (Bernama) -- Malaysia’s advance gross domestic product (GDP) is expected to expand five per cent in the fourth quarter of 2024 (4Q 2024), moderating from 5.3 per cent in 3Q 2024, according to CIMB Securities Sdn Bhd.
1y ago
KUALA LUMPUR, Jan 13 (Bernama) -- Malaysia’s wholesale and retail trade sector grew by 4.7 per cent year-on-year to achieve sales of RM149.3 billion in November 2024, the second-highest monthly sales achieved so far for the year, according to the Department of Statistics Malaysia (DOSM).
1y ago
KUALA LUMPUR, Jan 8 (Bernama) -- HERE Technologies, the leading location data and technology platform, announced its partnership with Sony Honda Mobility Inc (SHM) aimed at reshaping the future of mobility with the SHM electric vehicle (EV) brand, “AFEELA”.
1y ago
KUALA LUMPUR, Jan 8 (Bernama) -- The Malaysian economy is expected to maintain a sustainable growth rate of 5.0 per cent in 2025 from an estimated 4.9 per cent in 2024, supported by a stable labour market condition, conducive fiscal and monetary policies amid lingering external uncertainties, said an economist.
1y ago
KUALA LUMPUR, Dec 30 (Bernama) -- Kenanga Investment Bank Bhd (Kenanga IB) projects a total industry volume (TIV) of 805,000 units for the automotive industry in 2025, a marginal increase from an estimated 800,000 units in 2024.
1y ago
KUALA LUMPUR, Dec 26 (Bernama) -- The total industry volume (TIV) for new vehicle sales is expected to decline by four per cent year-on-year to 755,000 units in 2025, compared with 790,000 units in 2024, according to CIMB Securities Sdn Bhd.
1y ago
By Zufazlin Baharuddin
KUALA LUMPUR, Dec 22 (Bernama) -- A review of the insurance industry’s performance in 2024 will undoubtedly have to include the backlash faced by the insurance and takaful industry after it announced a steep hike in medical insurance premiums.
1y ago
KUALA LUMPUR, Dec 20 (Bernama) -- Malaysia’s inflation rate for November 2024 has decreased to 1.8 per cent, down from 1.9 per cent in October this year, the first decline since August 2021, according to the Department of Statistics Malaysia (DOSM).
1y ago
KUALA LUMPUR, Dec 18 (Bernama) -- Global credit rating agency, AM Best has maintained a stable outlook on Malaysia’s non-life insurance segment, citing sustained underwriting and pricing discipline.