3d ago
KUALA LUMPUR, May 22 (Bernama) -- Southeast Asia’s green economy has scaled to US$290 billion (US$1 = RM3.96) this year, but a realisation gap exceeding 35 per cent has opened between announced and deployed green capital expenditure (Capex) across the region’s power and electric vehicles (EV) value chains, according to a recent report by Bain & Company and Standard Chartered.
3d ago
KUALA LUMPUR, May 21 (Bernama) -- DRB-HICOM Bhd’s net profit more than doubled to RM45 million in the first quarter ended March 31, 2026 (1Q) from RM17.72 million in the same period last year.
3d ago
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, May 21 (Bernama) -- The Kuala Lumpur rubber market ended lower on Thursday, weighed down by declines in the regional rubber futures markets and a stronger ringgit against the US dollar amid mixed developments surrounding the West Asia conflict, a dealer said.
4d ago
By Abdul Hamid A Rahman
GENTING HIGHLANDS, May 20 (Bernama) -- Resorts World Genting (RWG) has collaborated with Denza Sime Motors to introduce electric vehicle (EV) units into its Genting Highlands operations as part of its sustainability initiative.
6d ago
By Muhammad Adil Muzaffar Mohd Fisol
CYBERJAYA, May 19 (Bernama) -- New government guidelines tightening the importation of completely built-up (CBU) electric vehicles (EVs) are expected to accelerate the development of Malaysia’s local EV ecosystem, according to the Bumiputera Car Dealers Association, better known as Persatuan Pengimpot dan Peniaga Kenderaan Melayu Malaysia (PEKEMA).
6d ago
KUALA LUMPUR, May 19 (Bernama) -- A mobility platform said Malaysia’s fuel subsidy mechanism continues to help e-hailing drivers manage rising operating costs, allowing many to remain on the road despite global fuel price pressures.
8d ago
KUALA LUMPUR, May 16 (Bernama) -- Bank Kerjasama Rakyat Malaysia Bhd (Bank Rakyat) is offering an exclusive financing package for the purchase of new battery electric vehicles (BEV), hybrid electric vehicles (HEV), plug-in hybrid electric vehicles (PHEV) and other hybrid vehicles, including mild hybrid electric vehicles (MHEV).
9d ago
KUALA LUMPUR, May 15 (Bernama) -- KAF Investment Funds Bhd (KIFB) has launched the KAF Global Islamic Equity Fund (KGIEF), aimed at providing investors with strategic exposure to Shariah-compliant equities.
10d ago
KUALA LUMPUR, May 15 (Bernama) -- Malaysia’s economy expanded by 5.4 per cent in the first quarter of 2026 (1Q 2026), surpassing the advance estimate of 5.3 per cent with robust domestic demand, investment activities and export continued to drive growth, according to Bank Negara Malaysia (BNM).
10d ago
RAWANG, May 14 (Bernama) -- Perusahaan Otomobil Kedua Sdn Bhd (Perodua) intends to produce the Ativa hybrid model locally, said its president and chief executive officer Datuk Seri Zainal Abidin Ahmad.
11d ago
KUALA LUMPUR, May 14 (Bernama) -- The government is looking at ways to incentivise transport operators to adopt electric vehicle (EV) trucks as part of long-term efforts to reduce the country’s diesel subsidy burden.
11d ago
KUALA LUMPUR, May 13 (Bernama) -- The Kuala Lumpur rubber market ended sharply higher on Wednesday, reaching a new high for 2026, supported by the persistent concerns over tight natural rubber supply across major producing countries and a decline in local rubber production, a dealer said.