1y ago
KUALA LUMPUR, Feb 12 (Bernama) -- Malaysia's full-year wholesale and retail trade sales surged to a record high of RM1.77 trillion in 2024, after recording RM152.2 billion in December, a 5.5 per cent rise year-on-year (y-o-y), said the Statistics Department (DOSM).
1y ago
KUALA LUMPUR, Jan 28 (Bernama) -- General insurance and takaful companies are working closely with key stakeholders on the issue of total loss vehicles, according to the General Insurance Association of Malaysia (Piam).
1y ago
GEORGE TOWN, Jan 24 (Bernama) -- Naza Eastern Motors, the exclusive distributor of Suzuki Cars in Malaysia, is committed to expanding Suzuki Car’s presence, with five new outlets scheduled to open across the country this year.
1y ago
KUALA LUMPUR, Jan 22 (Bernama) -- Toshiba Electronic Devices & Storage Corporation (Toshiba) has announced the addition of seven new 32-bit microcontrollers to its extensive motor control lineup, all equipped with the Cortex-M4 core.
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.