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MUNICH: Germany’s car industry built its world-class reputation on sedans like the Audi A4, the BMW 5-Series and the Volkswagen Passat, reliable models that look good in the family driveway or company lot. But a shift in consumer taste to more hulking vehicles is coming at the worst possible time.
From TAN SRI MOHD SHERIFF MOHD KASSIM, Kuala Lumpur.
KUALA LUMPUR: Ekuiti Nasional Bhd (Ekuinas) is looking at divesting from three of its investee companies towards the end of this year to realise profits.
FROM VASH PERIMBANAYAGAM , Kajang
NEW function destinations Amber and Sapphire Halls in Setia EcoHill’s Club 360 are now open for business.
TOKYO: China, Japan and South Korea have set ambitious targets to put millions of hydrogen-powered vehicles on their roads by the end of the next decade at a cost of billions of dollars.
PETALING JAYA: Prime Minister Tun Dr Mahathir Mohamad has expressed confidence that the country can weather what appears to be a looming global recession, saying there are people who "know some ways".
SHAH ALAM: Malaysian Anti-Corruption Commission (MACC) chief commissioner Latheefa Koya hopes the Selangor state government will encourage all its assemblymen to make asset declarations.
KUALA LUMPUR: AmInvestment Research is maintaining its Overweight call on the telecommunications sector given multiple synergies from sector consolidation, which will significantly alleviate price competition that has been eroding the sector’s margins over the past three years.
From Tan Sri Mohd Sheriff Mohd Kassim, Kuala Lumpur.