EON : Malaysian EV Market Could Hit 2 Pct By Year-end

BENTONG, DRB-HICOM Bhd’s subsidiary, Edaran Otomobil Nasional Bhd (EON), expects Malaysian electric vehicle (EV) market penetration to reach up to two per cent by year-end, driven by the launch of additional EV models.

Edaran Otomobil Nasional Bhd’s …

Proton To Work Closely With Geely To Explore Model Enhancement Activities

KUALA LUMPUR, Proton Holdings Bhd (Proton) is working closely with its partner Zhejiang Geely Holding Ltd (Geely) to explore model enhancement activities.

Proton said collaborative efforts between the duo have been conducted over the years and contin…

Land Sale Gains Buoy S P Setia, Offset By Losses From Battersea

KUALA LUMPUR, S P Setia Bhd is anticipated to continue recognising land sale gains, particularly from Setia City, Shah Alam and Taman Pelangi, Johor, in the second half of 2024 (2H 2024) offset by Battersea Power Station (BPS) losses.

In a filing wit…

Decouple Critical Minerals From China Could Be Costly, Delay Energy Transition – Wood Mackenzie

KUALA LUMPUR, As major global economies look to reposition critical minerals supply chains outside China, the resulting inefficiencies could increase the cost of finished goods and delay the energy transition, according to a new report by Wood Mackenz…

Malaysia Urges ASEAN Unity For Renewable Energy Growth — Fadillah

LIMA (PERU), The relationship between Malaysia and ASEAN countries in the renewable energy sector is crucial for ASEAN to establish itself as a formidable bloc in the future, said Deputy Prime Minister Datuk Seri Fadillah Yusof.

Fadillah, also the Mi…

Ahmad Zahid Urges RISDA To Use Technology To Raise Smallholders Latex Production

GUA MUSANG, Deputy Prime Minister Datuk Seri Dr Ahmad Zahid Hamidi has urged the Rubber Industry Smallholders Development Authority (Risda) to seek technology to improve latex production among smallholders.

He said Malaysia is lagging behind global l…

Stevie Awards Unveils 21st International Business Awards Winners

KUALA LUMPUR, The Stevie Awards has announced winners in the 21st Annual International Business Awards (IBAs), the world’s only international, all-encompassing business awards programme.

High-achieving organisations and executives worldwide have been…