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LONDON: The UK’s finance minister Rishi Sunak is poised to spend billions of pounds more in state support for the economy over the next four months, as an extended lockdown threatens businesses’ survival.
JAKARTA (The Jakarta Post/ANN): The latest move by Bank Indonesia (BI) to relax down-payment regulations to boost property and automotive sales will hinge on the appetites of consumers and banks, with the former facing much-reduced purchasing power as a result of the coronavirus pandemic.
Why illegitimise a legal trade and legitimise an illegal one by doing what’s obviously counter-productive?
KUALA LUMPUR: BMW Group Malaysia has taken the leadership position in the automotive premium segment in Malaysia, following its success with top-performing figures and customer satisfaction in 2020.
KUALA LUMPUR: The Perodua D55L - the most advanced Perodua model to-date - is now open for booking, with X, H and AV variants available at on-the-road (without insurance) estimated prices between RM62,500 and RM73,400 in Peninsular Malaysia.
THE re-introduction of the movement control order (MCO 2.0) has impacted car sales, according to the country’s biggest automotive group.
KUALA LUMPUR: Proton Holdings Bhd (Proton) has unveiled four new special edition (SE) models in its line-up, namely, the Persona and Exora Black Edition, as well as Iriz and Saga R3 Limited Edition, priced at RM55,600, RM69,800, RM44,800 and RM53,700, respectively.
KUALA LUMPUR: The government has approved a total of 6,613 applications involving RM1.245 billion under the National Economic Recovery Plan’s (PENJANA) small and medium enterprise (SME) financing scheme as of Feb 5, said Finance Minister Tengku Datuk Seri Zafrul Abdul Aziz.