Bumi Trader reveals loophole in AP system
Khairuddin Mohd Khir received about 10 APs a month in the 1980s but failed to secure any over the past 15 years. New MITI regulations in 1990 required him to join a …
Local News · Page 1182
Proton-Volkswagen Talks Continue
Proton's talks with Volkswagen are still on-going while analysts ponder over the possible outcomes. The Government will not give up the 42.7% stake that it has in Proton through it's investment arm …
Volkswagen wants 50% plus 1 share
Proton seems to be a hot item right now. News is that Volkswagen now wants 50% plus 1 share stake in Proton Holdings Bhd, and wants management control. This would make it …
More AP Updates
Rafidah says she is too hurt to reply. But the cabinet wants to hear her side of the story. The ball is in her court. Datuk Seri Najib Tun Razak says she …
Fuel prices are UP again
Fuel prices went up again, effected 12:00AM 31st July 2005. Petrol is up 10 cents, diesel up 20 cents and Liquified Petroleum Gas is up 5 cents. Premium petrol (RON97) in Peninsular …
No Lotus Involvement in Proton New Engine?
The piece of news was about something else, but I noticed something strange... The possible change of owner is bound to create uncertainty at Lotus, which has just embarked on a 10-year …
Ford Malaysia to launch new Ford Focus
I remember the previous Focus was launched back in 1999. It won a grand total of 78 automotive awards and was brought into Malaysia by Ford Malaysia in CBU form. I first …
Volkswagen still keen to buy Proton
Volkswagen and Proton are still in talks and it could end up with Volkswagen AG buying as much as 30% stake in Proton, or nothing at all. Volkswagen and Khazanah Nasional officials …
Kleemann APs
The government says that the number of Franchise APs given to recipients are only as much as car makes of the car franchise they can sell. I quote Kleemann Motorsport's press releases. …
The 2004 AP List
The 2004 AP list is out. Khairy says he did not get any APs. Someone connected to Rafidah is pissed off. The government denies the Naza Ria was given national car status. …
Badawi: “Okay, publish all!”
MITI Minister Rafidah Aziz will publish the full list of AP recipients, after our prime minister Abdullah Ahmad Badawi instructed her to publish the full list while he was in South Africa …
New Proton CEO – Malaysian or Foreigner?
Two candidates have been identified as front-runners for the new top post at Proton replacing Tengku Mahaleel Ariff. They are Hicomobil Sdn Bhd's chief executive officer Norzahid Mohd Zahudi and DRB-HICOM's group …
Mahaleel Did Not Agree To New Contract
More updates on the Proton CEO issue. Tengku Mahaleel's contract was not renewed because he did not agree to the new two-year contract the board presented them with. He felt the terms …
Mahaleel Out Of A Job
Proton Holdings Bhd's board has decided not to renew Tengku Tan Sri Mahaleel Tengku Ariff's chief executive officer contract which expired September 30. Mahaleel had been in Proton since 1996 when he …
The AP Saga Chronology
For those who have been in the dark on Rafidah and the AP Saga, here is a nicely compiled chronology of events by The Malay Mail. June 28: Proton CEO Tengku Mahaleel …
No More Tears!
This post will not have much text in it. A comic by Reggie Lee. :-P Via Brand New Malaysian
How Franchise AP Holders Make Their Money
This is how Franchise AP holders make their money. Let's use Honda cars for example. In Malaysia, Hondas are marketed and distributed by Honda Malaysia Sdn Bhd, a joint venture company between …
AP Cheaters Identified
The Customs and Excise department is imposing a Profit and General Expenses charge on the 34 models of 6 makes of vehicles which the government believes have been underdeclared in the past. …
Ringgit Floated
The ringgit has been floated to a managed float against a basket of currencies which Malaysia trades with. This floating followed China's decision to float their yuan. How will this affect our …
Proton Vendors Want Protection!
The Proton Vendors Association wants AP holders to be barred from importing cars that are in the segments of markets that Proton is in. It's president Dr Wan Mohamed Wan Embong outlines …