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Proton's reset to go international begins in earnest

Proton's reset to go international begins in earnest

The significant management changes announced about a week ago by Proton is undoubtedly a turning point in the national car manufacturer's long-term quest to emerge as a successful international brand.
Sun Oct 08 2017
Dr Li Chunrong appointed Perusahaan Otomobil Nasional new CEO

Dr Li Chunrong appointed Perusahaan Otomobil Nasional new CEO

Li will succeed Datuk Ahmad Fuaad Kenali who will end his tenure on Sept 30.
Fri Sep 29 2017
Geely's Volvo to go all electric with new models from 2019

Geely's Volvo to go all electric with new models from 2019

This spells the eventual end to nearly a century of Volvos powered solely by the internal combustion engine.
Wed Jul 05 2017
Geely signs final contract with DRB-Hicom

Geely signs final contract with DRB-Hicom

The acquisition was expected to be completed in three months, after which Geely would form a core management team recruited from a pool of global candidates to ensure the smooth operation of Proton.
Fri Jun 23 2017
Joint-ventures the norm in car sector - Mustapa

Joint-ventures the norm in car sector - Mustapa

The decision to partner Proton Holdings Bhd with Zhejiang Geely Holdings Group Co Ltd was purely a commercial one made in the best interest of Proton, its vendors and employees.
Sat Jun 17 2017
Proton set to prosper in mega cross-border deal

Proton set to prosper in mega cross-border deal

Proton Holdings Bhd's switching from a single-country sole ownership to a cross-border international joint venture with China''s Zhejiang Geely Holding Group Co, in a mega deal signed on Wednesday.
Sun May 28 2017
China's Geely takes 49.9 percent stake in Malaysia's national carmaker Proton

China's Geely takes 49.9 percent stake in Malaysia's national carmaker Proton

Geely, parent company of Hong Kong-based Geely Automobile Holdings Ltd and Sweden's Volvo Car Group, would also acquire 51 percent of Proton unit Lotus, the companies said.
Wed May 24 2017
How quickly can Trump's Musk-led efficiency panel slash US regulations?

How quickly can Trump's Musk-led efficiency panel slash US regulations?

Moves by Trump and his appointees to eliminate existing rules will be met with legal challenges, as many progressive groups and Democratic officials have made clear.
Sat Nov 23 2024
2TM: Consultations on PTPTN loans, admission to IPTA at MOHE booth

2TM: Consultations on PTPTN loans, admission to IPTA at MOHE booth

Consultations on PTPTN loans and admission to IPTA are among services provided at the Higher Education Ministry booth.
Sat Nov 23 2024
Kampung Tanjung Kala residents affected by flooded bridge every time it rains heavily

Kampung Tanjung Kala residents affected by flooded bridge every time it rains heavily

Almost 200 residents from 60 homes in Kampung Tanjung Kala have ended up stuck when their 200-metre (m) long concrete bridge flooded.
Sat Nov 23 2024
COP29 climate summit draft proposes rich countries pay $250 billion per year

COP29 climate summit draft proposes rich countries pay $250 billion per year

The draft finance deal criticised by both developed and developing nations.
Fri Nov 22 2024
Bomb squad sent to London's Gatwick Airport after terminal evacuation

Bomb squad sent to London's Gatwick Airport after terminal evacuation

This was following the discovery of a suspected prohibited item in luggage.
Fri Nov 22 2024
Kelantan urges caution amidst northeast monsoon rains

Kelantan urges caution amidst northeast monsoon rains

Kelantan has reminded the public in the state to refrain from outdoor activities with the arrival of the Northeast Monsoon season.
Fri Nov 22 2024
Former New Zealand PM Jacinda Ardern receives UN leadership award

Former New Zealand PM Jacinda Ardern receives UN leadership award

Former New Zealand prime minister Jacinda Ardern was given a global leadership award by the United Nations Foundation.
Fri Nov 22 2024
ICC'S arrest warrants for Netanyahu, Gallant an apt decision - PM

ICC'S arrest warrants for Netanyahu, Gallant an apt decision - PM

The decision of the ICC to issue arrest warrants against Benjamin Netanyahu and Yoav Gallant is apt, said Datuk Seri Anwar Ibrahim.
Fri Nov 22 2024
KTMB provides two additional ETS trains for Christmas, school holidays

KTMB provides two additional ETS trains for Christmas, school holidays

KTMB will provide two additional ETS trains for the KL Sentral-Padang Besar route and return trips in conjunction with the holidays.
Fri Nov 22 2024
BNM'S international reserves rise to USD118 bil as at Nov 15, 2024

BNM'S international reserves rise to USD118 bil as at Nov 15, 2024

Malaysia's international reserves rose to US$118.0 billion as at Nov 15, 2024, up from US$117.6 billion on Oct 30, 2024.
Fri Nov 22 2024