The government needs to evaluate the situation over the granting of customised incentives to carmakers who want to set up shop in Malaysia.

Putrajaya to evaluate customisation of incentives for auto players

UMW Toyota Motor Sdn Bhd (UMWT) welcomes the measures detailed in the National Automotive Policy 2020 (NAP 2020).

In a statement, UMWT President K Ravindran said the group was pleased the government has provided an updated “roadmap” for the development of the local auto industry as it will provide direction and guidance that is of great value to forward planning, especially where investments here are concerned.

UMW Toyota Motor welcomes NAP 2020 measures

The National Automotive Policy 2020 (NAP 2020), which was launched by the Prime Minister Tun Dr Mahathir Mohamad today, is aimed at further enhancing the Malaysian automotive industry by transforming the sector into a "grand sector of connected mobility".

NAP 2020 to transform auto sector into a 'grand sector of connected mobility'

The National Automotive Policy 2020 (NAP 2020), which was launched by the Prime Minister Tun Dr Mahathir Mohamad today, will use three strategies, namely human capital development, value chain development, and safety, environment and consumerism.

NAP 2020 to use three strategies

The National Automotive Policy 2020, which was launched by Prime Minister Tun Dr Mahathir Mohamad today, outlines three directional thrusts to spur the development of the automotive industry.

NAP 2020 aims at technological development, investment, market expansion

The newly-launched National Automotive Policy 2020 (NAP 2020) has several targets, listed below:

NAP 2020’s targets

The National Automotive Policy 2020 (NAP 2020) is consistent with the government’s policies to advance the Malaysian automotive ecosystem to the next level, according to Perusahaan Otomobil Kedua Nasional Sdn Bhd (Perodua) president and chief executive officer Datuk Zainal Abidin Ahmad.

NAP 2020 consistent with policies to advance automotive ecosystem to next level — Perodua CEO

A prototype for the third national car is ready, but has not been shown to the public.

At a press conference following the launch of the National automotive policy 2020 (NAP 2020), Tun Dr Mahathir Mohamad said the government is not funding the project, and as such is courting investors for the project.

Third national car project is looking for investors, says Dr M

Approved permits (AP) for imports of foreign cars will remain in the National Automotive Policy 2020 (NAP 2020).

Speaking at a press conference following the launch of the NAP 2020, Tun Dr Mahathir Mohamad said APs are there to ensure customers receive vehicles that are of quality.

AP for imports of foreign vehicles here to stay, says Dr M

The government is to set up a dedicated industrial zone for circular economy business practices for the automotive industry, said Prime Minister Tun Dr Mahathir Mohamad in his speech at the launch of the National Automotive Policy 2020 (NAP 2020).

Govt to set up dedicated industrial zone for circular economy within auto industry

The National Automotive Policy 2020 (NAP 2020) is a move in the right direction and is in line with other regional plans to address global trends in the automotive industry.

MAA: NAP 2020 in line with regional plans to address global trends

SEREMBAN (April 28): Tabung Haji (TH) bore over RM350 million in direct and indirect financial assistance costs for this year's haj operations, its haj management general manager Mohamed Heikal Mohamed Yusuff revealed on Sunday.

Tabung Haji bore more than RM350m in assistance cost for this year's haj ops

KUCHING (April 28): Water is an important component which acts as a stabiliser and catalyst for sustainable national development, said Deputy Prime Minister Datuk Seri Fadillah Yusof.

Water acts as stabiliser, catalyst for sustainable national development — Fadillah

LISBON (April 28): Russia's air defence systems destroyed 17 drones launched by Ukraine over its territory, Russia's defence ministry said on Sunday, with a regional official saying the attack targeted an oil storage facility in the Kaluga region.

Russia says it destroyed 17 drones launched by Ukraine

CYBERJAYA (April 28): The Occupational Safety and Health (Amendment) Act 2022 will come into effect on June 1, thus further increasing the level of safety and health at workplaces nationwide, said Human Resources Minister Steven Sim Chee Keong.

Minister: Occupational Safety and Health (Amendment) Act 2022 comes into force on June 1

SHANGHAI (April 28): A private jet linked to Tesla chief executive officer (CEO) Elon Musk landed in Beijing on Sunday, a flight tracking app showed, as two people with knowledge of the matter said the billionaire was kicking off a surprise visit to the automaker's second-biggest market.

Tesla CEO Elon Musk kicks off surprise trip to Beijing, sources say

BANGKOK (April 28): Thai former energy executive Pichai Chunhavajira was named the country's finance minister on Sunday, facing a tough task to revive Southeast Asia's second-largest economy.

Former exec Pichai named as Thai finance minister, faces growth challenges

RIYADH (April 28): The World Economic Forum’s (WEF) Special Meeting commences in Riyadh, Saudi Arabia on Sunday, to find solutions to a host of global challenges relating to humanitarian issues, the climate and the economy.

World Economic Forum’s Special Meeting commences in Riyadh

WASHINGTON (April 27): US President Joe Biden delivered an election-year roast on Saturday night at the annual White House Correspondents' Association dinner, as protesters outside criticised his support for Israel's war against Hamas.

Biden jabs Trump in election-year roast at correspondents' dinner

Companies Commission of Malaysia issues directive to Ewog’s trustee to freeze trust account funds

Companies Commission of Malaysia orders East West One Group’s trustee to freeze trust account funds

BEIRUT (April 28): France's foreign minister will push proposals to prevent further escalation and a potential war between Israel and Iran-backed Hezbollah during a visit to Lebanon on Sunday, as Paris seeks to refine a roadmap that both sides could accept to ease tensions.

France's foreign minister looks to prevent Israel-Hezbollah conflict escalation in Lebanon visit

Companies Commission of Malaysia issues directive to Ewog’s trustee to freeze trust account funds

Boustead Properties Bhd will unveil its latest transit-oriented development in Mutiara Damansara in the third quarter of 2024 (3Q2024). A redevelopment project of the eCurve mall, which began operating in 2006 and was closed in 2021, The Lines will be part of the developer’s efforts to elevate the neighbourhood through the Mutiara Damansara revitalisation plan. The overall plan will take about 10 to 15 years to complete with an estimated gross development value of RM8.9 billion.

Reimagining Mutiara Damansara

HULU SELANGOR (April 27): The Selangor government, via several subsidiaries, including the Selangor Menteri Besar (Incorporation) or MBI, has signed memoranda of understanding (MOUs) with several technology companies in Germany, in an effort to further develop the state.

Selangor signs MOU with tech firms in Germany

(April 28):&nbsp;A higher-for-longer interest rate environment is burnishing the credentials of cheap Chinese stocks and driving value investment strategies in Asia.&nbsp;

Fed repricing gives rise to new equities playbook in Asia

RIYADH (April 28): Malaysian Prime Minister Datuk Seri Anwar Ibrahim arrived here on Saturday (April 27) night for a three-day working visit to participate in the World Economic Forum’s (WEF) Special Meeting.&nbsp;

Anwar arrives in Riyadh for World Economic Forum Special Meeting

SHANGHAI (April 28): A private jet linked to Tesla chief executive officer (CEO) Elon Musk landed in Beijing on Sunday, a flight tracking app showed, as two people with knowledge of the matter said the billionaire was kicking off a surprise visit to the automaker's second-biggest market.

Jazz luminary Tay Cher Siang and songstress Janet Lee share their journey through the vibrant world of jazz, each shaped by unique encounters and cultural influences. For Tay, a chance encounter with Astrud Gilberto’s Corcovado sparked a lifelong passion for jazz, rooted in Malaysia’s rich tapestry of sounds and traditions. His eclectic approach to music, termed “cham cham jazz”, celebrates the country’s multicultural essence, blending diverse elements into a harmonious fusion.&nbsp;

Jazz is their jam

CYBERJAYA (April 28): The Occupational Safety and Health (Amendment) Act 2022 will come into effect on June 1, thus further increasing the level of safety and health at workplaces nationwide, said Human Resources Minister Steven Sim Chee Keong.

KUALA LUMPUR (April 28): Malaysia is on a mission to explore various economic opportunities and attract new investments at the World Economic Forum (WEF) Special Meeting in Riyadh, Saudi Arabia, which will last two days starting Sunday.

Anwar on a mission to explore economic opportunities, attract new investments at WEF

BANGKOK (April 28): Thai former energy executive Pichai Chunhavajira was named the country's finance minister on Sunday, facing a tough task to revive Southeast Asia's second-largest economy.

RIYADH (April 28): The World Economic Forum’s (WEF) Special Meeting commences in Riyadh, Saudi Arabia&nbsp;on Sunday, to find solutions to a host of global challenges relating to humanitarian issues, the climate and the economy.&nbsp;

WASHINGTON (April 27): US&nbsp;President Joe Biden delivered an election-year roast on Saturday night at the annual White House Correspondents' Association dinner, as protesters outside criticised his support for Israel's war against Hamas.

KUCHING (April 28): Water is an important component which acts as a stabiliser and catalyst for sustainable national development, said Deputy Prime Minister Datuk Seri Fadillah Yusof.

SEREMBAN (April 28): Tabung Haji (TH) bore over RM350 million in direct and indirect financial assistance costs for this year's haj operations, its haj&nbsp;management general manager Mohamed Heikal Mohamed Yusuff revealed on Sunday. &nbsp;

LISBON (April 28): Russia's air defence systems destroyed 17 drones launched by Ukraine over its territory, Russia's defence ministry said on Sunday, with a regional official saying the attack targeted an oil storage facility in the Kaluga region.

BEIRUT (April 28): France's foreign minister will push proposals to prevent further escalation and a potential war between Israel and Iran-backed Hezbollah during a visit to Lebanon on Sunday, as Paris seeks to refine a roadmap that both sides could accept to ease tensions.

NAP 2020

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