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Malaysia Targets Stronger EV Ecosystem Via OEM-Local Vendor Ties -- Sim

KUALA LUMPUR, May 11 (Bernama) -- Malaysia wants original equipment manufacturers (OEMs) to collaborate with local vendors to level up the entire value chain and ecosystem via the new electric vehicle (EV) policy, said Deputy Investment, Trade and Industry Minister Sim Tze Tzin. 

Quantum Motion Raises US$160 Mln To Advance Silicon-Based Quantum Computing 

KUALA LUMPUR, May 11 (Bernama) -- Quantum Motion announced a US$160 million Series C funding round to commercialise its silicon transistor-based quantum computing technology designed for scalable and energy-efficient deployment. (US$1 = RM3.91)

Not All EVs Will Become Expensive After CBU Duties Return - Sim

BATU KAWAN, May 8 (Bernama) -- Claims that all electric vehicles (EVs) will become more expensive following the reimposition of import duties on completely built-up (CBU) EVs from July are inaccurate, said Deputy Investment, Trade and Industry (MITI) Minister Sim Tze Tzin. 

Imported Electric Vehicles Subject To Two Main Conditions From July 1, 2026 -- MITI

KUALA LUMPUR, May 6 (Bernama) -- All fully imported completely built-up (CBU) electric vehicles (EVs) are subject to two main conditions starting July 1, 2026, including a new minimum motor power limit of 180 kilowatts (kW) and above from 200 kW.

General Insurance Industry Grows 4.8 Pct In 2025, Posts RM1.2 Bln Underwriting Profit – PIAM

KUALA LUMPUR, May 6 (Bernama) -- Malaysia’s general insurance industry recorded gross written premium (GWP) of RM24.2 billion in 2025, representing a 4.8 per cent increase from RM23.1 billion in 2024, driven mainly by continued expansion in the motor and fire insurance segments, according to the General Insurance Association of Malaysia (PIAM).

Malaysia’s Business Events Industry Drives Global Connectivity, Collaboration -- MOTAC Sec-Gen

KUALA LUMPUR, May 6 (Bernama) -- Malaysia’s business events industry continues to strengthen its role in driving economic growth, knowledge development and global connectivity through stronger collaboration among the government, industry players and professional associations.

Xenco Medical Named To TIME100, Wins 2026 Health Impact Award

KUALA LUMPUR, May 4 (Bernama) -- Xenco Medical has been named to the TIME100 Most Influential Companies in the World and the Winner of the 2026 TIME100 Impact Award in Health by Time Magazine.

Global Supply Crisis Presents Opportunities, Malaysia Remains Safe Investment Destination - Tengku Zafrul

KUALA LUMPUR, April 26 (Bernama) -- Senior Political Adviser to the Prime Minister Tengku Datuk Seri Zafrul Abdul Aziz said the global supply crisis should be viewed as an opportunity to strengthen Malaysia’s position as a safe investment destination.

Holafly, Westbrook Racing Announce E1 World Championship Partnership

KUALA LUMPUR, April 24 (Bernama) -- Holafly, the global eSIMs provider, has announced a partnership with Westbrook Racing at the UIM E1 World Championship race in Lake Como, taking place from April 24 to 25.

AM Best Affirms Taiwan’s Shinkong Insurance Ratings At Excellent

KUALA LUMPUR, April 24 (Bernama) -- AM Best has affirmed the financial strength rating (FSR) of A (Excellent) and the long-term issuer credit rating (ICR) of “a+” (Excellent) of Taiwan’s Shinkong Insurance Company Limited (Shinkong Insurance), with a stable outlook.

TVS Motor, Hyundai Motor Sign Pact To Develop Electric Three-Wheelers In India 

KUALA LUMPUR, April 21 (Bernama) -- TVS Motor Company Ltd (TVS Motor) has signed a Joint Development Agreement with Hyundai Motor Company (Hyundai Motor) to develop and commercialise electric three-wheelers (E3W) for India’s last-mile mobility segment.

Chery’s iCAUR V23 Leads Southeast Asia NEV Boxy SUV Segment Sales

KUALA LUMPUR, April 20 (Bernama) -- Chery Group’s new energy strategic brand, iCAUR, has reported strong global performance for its V23 model, which continues to lead the Southeast Asian new energy boxy sport utility vehicle (SUV) segment in sales.