1y ago
KUALA LUMPUR, March 6 (Bernama) -- Bursa Malaysia opened higher today, tracking the rally on Wall Street overnight as the United States (US) automotive makers get temporary tariff reprieve, but it retreated thereafter on selling pressure.
1y ago
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, March 5 (Bernama) — Negotiations between Malaysia and Arm Holdings Plc, which have been finalised, represent an important step in strengthening the country's semiconductor ecosystem and accelerating the development of local technology, said Investment, Trade, and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz.
1y ago
KUALA LUMPUR, March 3 (Bernama) -- XPENG, a prominent Chinese high-tech automotive company, has officially entered the Indonesian market through a strategic partnership aimed at introducing its advanced electric vehicle (EV) technology to Indonesian consumers.
1y ago
RAWANG, March 3 (Bernama) -- Malaysia’s automotive industry is adapting to global demand for e-mobility solutions, reshaping supply chains and manufacturing processes in line with government policies, said Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz.
1y ago
KUALA LUMPUR, Feb 28 (Bernama) -- Toshiba Electronic Devices & Storage Corporation (Toshiba) has launched its first lineup of four-channel high-speed standard digital isolators for automotive applications, with shipments having commenced.
1y ago
KOTA TINGGI, Feb 28 (Bernama) -- The tariff plans imposed by the United States (US) will be one of the topics discussed at the 31st ASEAN Economic Ministers’ (AEM) Retreat today.
1y ago
KUALA LUMPUR, Feb 27 (Bernama) -- DRB-HICOM Bhd posted a significantly lower net profit of RM22.55 million for the financial year ended Dec 31, 2024 (FY2024), compared to the RM238.88 million net profit recorded in FY2023.
1y ago
KUALA LUMPUR, Feb 28 (Bernama) -- Hap Seng Consolidated Bhd’s net profit fell 19 per cent to RM650.48 million in the financial year ended Dec 31, 2024 (FY2024), compared with RM800.32 million in FY2023, due to a gain from the disposal of subsidiaries in the preceding year.
1y ago
KUALA LUMPUR, Feb 27 (Bernama) -- The total industry volume (TIV) in January 2025 declined by 40 per cent to 48,732 units compared with 81,735 units in December 2024, according to the Malaysian Automotive Association (MAA).
1y ago
BANGKOK, Feb 26 (Bernama) -- The Bank of Thailand’s (BOT) Monetary Policy Committee (MPC) has voted to cut the policy rate by 0.25 percentage points, bringing it down from 2.25 per cent to 2.00 per cent, effective immediately, in a bid to stimulate economic growth.
1y ago
KUALA LUMPUR, Feb 25 (Bernama) -- The Ministry of Investment, Trade and Industry (MITI) targets a five per cent growth in approved investments for Malaysia this year, over RM378.5 billion in 2024, which was the highest ever recorded.
1y ago
KUALA LUMPUR, Feb 25 (Bernama) -- Sime Darby Bhd is set to capitalise on its strong industrial segment in 2025, driven by a robust order book and the full consolidation of UMW Holdings Bhd, analysts said.