Automotive Industry’s TIV Down Two Pct To 71,428 Units In August – MAA

KUALA LUMPUR, Sept 18 (Bernama) -- Malaysia’s automotive total industry volume (TIV) decreased two per cent year-on-year (y-o-y) to 71,428 units in August 2026 from 73,041 units in the same month last year.

Budget 2027: Sabah Residents Want Cost Of Living Eased, MSMEs Empowered

By Syed Iylia Harizal

KOTA KINABALU, Sept 4 (Bernama) --  Easing the cost-of-living pressures and expanding support for micro, small and medium enterprises (MSMEs) are among the expectations of the people in Sabah for Budget 2027, which is scheduled to be tabled in parliament on Oct 9.

HLIB Expects National OEMs To Sustain Sales Momentum In 2H 2026

KUALA LUMPUR, Aug 19 (Bernama) -- Hong Leong Investment Bank Bhd (HLIB) expects national original equipment manufacturers (OEMs) to sustain their sales momentum in the second half of 2026 (2H 2026).

Automotive Sales Up Five Pct To 73,615 Units In July 2026

KUALA LUMPUR, Aug 18 (Bernama) -- Malaysia’s automotive total industry volume (TIV) increased five per cent year-on-year (y-o-y) to 73,615 units in July 2026 from 70,057 units in the same month last year, mainly attributed to the rise in monthly production volume and pick-up sales. 

MBSB Group Divests 100 Pct Stake In MIDF Amanah Asset Management

KUALA LUMPUR, July 23 (Bernama) -- MBSB Bhd via its wholly owned subsidiary Malaysian Industrial Development Finance Bhd has divested its 100 per cent equity interest in MIDF Amanah Asset Management Bhd (MAAM) to Tortoise Works Sdn Bhd.

AM Best Assigns Stable Outlook To Philippines' MAAGAP

KUALA LUMPUR, July 22 (Bernama) -- Global credit rating agency, AM Best has assigned a financial strength rating of B+ (Good), a long-term issuer credit rating of “bbb-” (Good) and a Philippines National Scale Rating of aa.PH (Superior) to MAAGAP Insurance Inc (MAAGAP).

Govt To Develop Fair Formula To Calculate Open Market Value Of Local CKD Vehicles

PETALING JAYA, July 21 (Bernama) -- The government is developing a formula that is fair in calculating the open market value (OMV) or prices of locally assembled completely knocked down (CKD) vehicles in Malaysia.

Malaysia’s 2026 TIV Forecast Revised Up To 800,000 Units On Stronger Demand -- MAA

KUALA LUMPUR, July 21 (Bernama) -- Malaysia’s total industry volume (TIV) is now projected to reach 800,000 units in 2026, up from the earlier forecast of 790,000 units, driven by stronger-than-expected demand, according to the Malaysian Automotive Association (MAA).

KLIMS 2026 Receives 205,440 Visitors, Generates Strong Commercial Interest

KUALA LUMPUR, June 26 (Bernama) -- The Kuala Lumpur International Mobility Show 2026 (KLIMS 2026) has received 205,440 visitors and generated strong commercial interest among participating exhibitors, reflecting positive consumer engagement throughout its 10-day run. 

MAA Hopes Govt Will Extend Additional 100-litre Subsidised Diesel To MPV Owners

KUALA LUMPUR, June 26 (Bernama) -- The Malaysian Automotive Association (MAA) hopes the government will consider extending the application for the additional 100 litres of subsidised diesel to multi-purpose vehicle (MPV) owners.

Automotive Industry’s TIV Fell 15 Pct To 61,250 Units In May -- MAA

KUALA LUMPUR, June 19 (Bernama) -- Malaysia’s automotive industry recorded a 15 per cent decline in total industry volume (TIV), falling to 61,250 vehicles in May 2026, compared to 72,113 vehicles in April 2026.

Fortegra Appoints Anthony Katz As SVP, Reserving To Lead Actuarial Team

KUALA LUMPUR, June 18 (Bernama) -- The Fortegra Group Inc, a global speciality insurer, has appointed Anthony Katz as senior vice president (SVP), reserving, strengthening the speciality insurer’s actuarial leadership as it expands its reserving and reporting capabilities.