Sun, 24 Mar 2019, 9:30 AM
ADVERTISE in The Malaysian Pulse!

Topic: Sales

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Mercedes-Benz Malaysia has launched the GLC 300 Coupe 4Matic AMG Line, now locally-assembled (CKD) at the company’s vehicle assembly facility in Pekan, Pahang.
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KUALA LUMPUR (March 20): Bermaz Auto Bhd, the distributor of Mazda cars in Malaysia, will concentrate on the complete-knocked-down (CKD) market to grow sales.
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KUALA LUMPUR (March 19): "Be flexible, unless you prefer windfall tax," says Finance Minister Lim Guan Eng to banks today.
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KUALA LUMPUR: Malaysia will return to its Asian tiger status in three years, Malaysian Finance Minister Lim Guan Eng said on Tuesday (Mar 19).
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MUNICH: The BMW Group has secured a major order from INEOS Automotive Ltd.
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KUALA LUMPUR, March 19 — “Be flexible, unless you prefer windfall tax,” says Finance Minister Lim Guan Eng to the banks today.
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KUALA LUMPUR; “Be flexible, unless you prefer windfall tax,“ says Finance Minister Lim Guan Eng to the banks today.
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KUALA LUMPUR: The Sales and Service Tax (SST) will not be imposed on tourism management services yet, says MATTA president Datuk Tan Kok Liang.
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KUALA LUMPUR: The Malaysian Association of Tour and Travel Agents (MATTA) Fair starts today and participating tourism operators are urged to absorb the 6% Sales and Service Tax (SST) for domestic tourism packages.
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KUALA LUMPUR: A total of 568 goods or 63.2% of 900 consumer goods saw a price reduction between May-December 2018, according to the Domestic Trade and Consumer Affairs Ministry.
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FRANKFURT AM MAIN, March 14 — German energy giant RWE reported today falling profits in 2018, but said this year should bring completion of a massive deal sealed that will see it buy up the renewabl...
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PARLIAMENT | A total of 568 goods or 63.2 per cent of 900 consumer goods saw a price reduction between May-December 2018, says the Domestic Trade and Consumer Affairs Ministry.
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KUALA LUMPUR, March 14 — A total of 568 goods or 63.2 per cent of 900 consumer goods saw a price reduction between May-December 2018, says the Domestic Trade and Consumer Affairs Ministry.
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WASHINGTON, March 13 — Rising aircraft sales unexpectedly drove orders for US durable goods higher in January, the third monthly increase amid a recovery in business investment, according to governm...
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KUALA LUMPUR (March 13): Bermaz Auto Bhd (BAuto) has registered a record high net profit of RM81.01 million for the third quarter ended Jan 31, 2019 (3QFY19) on the back of higher revenue from domesti...
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PETALING JAYA (March 12): The Housing and Local Government Ministry (KPKT) has reminded home owners and tenants of People’s Housing Programme (PPR) schemes that they are breaking the law if they ren...
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PETALING JAYA (March 12): The Housing and Local Government Ministry (KPKT) has reminded home owners and tenants of People’s Housing Programme (PPR) schemes that they are breaking the law if they ren...
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PETALING JAYA: Three electronics factories, two in Penang and a third in Kulim, have initiated cost-cutting measures in response to global economic uncertainties, leading to fears that as many as 1,00...
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WASHINGTON, March 11 — The US economy saw retail sales rebound slightly in January but December's sales were even worse than originally reported, according to government data released today.
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KUCHING, March 10 — Sarawak Pakatan Harapan (PH) chairman Chong Chieng Jen wants Chief Minister Datuk Patinggi Abang Johari Openg to review the Gabungan Parti Sarawak-led (GPS) state gove...
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KUCHING: Sarawak Pakatan Harapan (PH) chairman Chong Chieng Jen wants Chief Minister Datuk Patinggi Abang Johari Tun Openg to review the Gabungan Parti Sarawak-led (GPS) state government’s ‘pro-cr...
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SHANGHAI, March 8 — Electric carmaker Tesla has won more than US$520 million (RM2.125 billion) in loans from Chinese banks to build its first overseas car plant near Shanghai, the first foreign auto...
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According to recent data from Korea Tire Manufactures Association (KOTMA), Kumho Tires topped sales charts with 6.52 million tyres sold in 2018 which accounts for 40% of all locally-produced tyres sol...
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KUALA LUMPUR (March 6): The healthy January 2019 domestic demand expansion proves that the 0.7 per cent, year-on-year, (y-o-y) decline in the Consumer Price Index (CPI) in the same month was not cau...
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You read that right. Mazda has just unveiled an all-new model at the ongoing 2019 Geneva International Motor Show called the CX-30. Slotting between the CX-3 and CX-5, the oddly-named CX-30 is the sec...
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LONDON, March 5 — New car sales in Britain rose in February from a year earlier, reversing five straight monthly declines despite fears over Brexit and China's economic slowdown, data showed today.
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KUALA LUMPUR, March 5 — The healthy January 2019 domestic demand expansion proves that the 0.7 per cent, year-on-year, (y-o-y) decline in the Consumer Price Index (CPI) in the same month was not cau...
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Perodua is off to a good start for the year as the company posted a 7.3% increase in sales for the first two months of 2019.
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2019 could be the best year for one to buy a property especially if you are a first-time homebuyer considering the many incentives being doled out by property developers and the government such as sta...
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PETALING JAYA: The Malaysian Association of Tour and Travel Agents (MATTA) is urging the government to review the imposition of the Sales and services Tax on tourism management services which came into effect on Friday (Mar 1).
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KUALA LUMPUR, March 2 — The Customs Department has been urged to review its Service Tax (Amendment) Regulations 2018 for tourism management services which came into effect yesterday, fearing it coul...
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KUALA LUMPUR (March 1): Only selected groups of manufacturers are facing problems of higher cost of doing business, said the Federation of Malaysian Manufacturers (FMM). FMM’s recent poll revealed t...
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SEMENYIH: A consumer group has today demanded all fast food chains to be more transparent on their pricing and disclose the reasons for any price increase, should there be any.
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PETALING JAYA: The Goods and Services Tax (GST) should be brought back to replace the Sales and Service Tax (SST), says Gerakan.
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KUALA LUMPUR: Ducati recently opened its newest Training Centre at the Ducati factory in Rayong, Thailand.
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Finance Minister Lim Guan Eng said that although he admitted that the implementation of Sales and Service Tax (SST) might have been done in a hurry, he however disagreed that it caused problems for bu...
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KUALA LUMPUR: Finance Minister Lim Guan Eng (pix) has refuted research findings that manufacturing costs have risen after the implementation of the Sales and Services Tax (SST). He pointed out that t...
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PETALING JAYA: The findings of a recent survey of local businesses contradict the statement by the Finance Minister regarding the Sales and Services Tax (SST) because it shows that the SST has pushed up the cost of doing business, says Gerakan president Datuk Dr Dominic Lau.
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The Volkswagen Jetta as we know it is no more.
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KUALA LUMPUR, Feb 28 — Lim Guan Eng said he would meet the Federation of Malaysian Manufacturers (FMM) over a joint-survey concluding that the Sales and Services Tax (SST) raised operating costs for...
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KUALA LUMPUR, Feb 28 — Firms said the Sales and Services Tax (SST) caused their operating costs to increase by as much as a tenth, according to a survey by the Federation of Malaysian Manufacturers ...
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SUBANG JAYA (Feb 27): Motorcycle distributor Zontes Distribution (M) Sdn Bhd, which operates in Jitra, Kedah, has launched a new premium motorcycle brand in the country's lightweight segment called Zo...
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COPENHAGEN, Feb 27 — At a time when it isn't all fun and games for makers of traditional toys due to digital diversions for children, Lego said today it had managed to assemble growing sales and pro...
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KUALA LUMPUR (Feb 27): Some members of the Federation of Malaysian Manufacturers (FMM) have begun to get their Goods and Services Tax (GST) refund claims, especially for those whose claims are below R...
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PARIS: PSA Group’s Peugeot line-up will lead a return to the United States after an absence of almost three decades, as the French carmaker seeks to expand beyond Europe.
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SHAH ALAM: Volvo Car Malaysia, the premium car maker, together with its newly appointed dealer, Motion Beyond, launched Volvo Setia Alam, the latest Volvo 3S centre (Sales, Service, and Spare Parts) i...
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LEGO Creator is back at it again; in collaboration with the Ford, they’ve introduced the Ford Mustang based on the 1967 Fastback.
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KUALA LUMPUR (Feb 25): Karex Bhd, the world's largest condom maker, saw its net profit halve in its second quarter ended Dec 31, 2018 (2QFY19), due to a less favourable sales mix.
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THE headline inflation rate, measured by the Consumer Price Index (CPI) came in at an average of 1% last year, compared with 3.7% in 2017, and is expected to remain low this year, according to economi...
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KUALA LUMPUR: Malaysia's economy is going strong and the gross domestic product (GDP) is expected to expand a further 4.9 per cent in 2019 even with a decline in inflationary pressure, said Finance M...
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KUALA LUMPUR (Feb 24): Malaysia's economy is going strong and the gross domestic product (GDP) is expected to expand a further 4.9 per cent in 2019, albeit, a decline in inflationary pressure.
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KUALA LUMPUR: Malaysia’s economy is going strong and the GDP is expected to expand a further 4.9% in 2019, albeit, a decline in inflationary pressure.
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PETALING JAYA: The strong economic growth of 4.7% last year and a 0.7% drop in the January 2019 Consumer Price Index (CPI) by 0.7% – the lowest in nearly 10 years – have dispelled any fear of deflation, says Lim Guan Eng.
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KUALA LUMPUR, Feb 22 — Fitch Ratings has affirmed Malaysia's long-term foreign-currency issuer default rating (IDR) at “A-” with a stable outlook.
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KUALA LUMPUR (Feb 21): Tasco Bhd’s net profit more than halved to RM3.14 million for the third quarter ended Dec 31, 2018, from RM8.17 million a year earlier, due to lower earnings from its domestic...
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KUALA LUMPUR, Feb 21 — The overnight policy rate (OPR) is expected to be retained at 3.25 per cent by Bank Negara Malaysia (BNM) given the need to balance between capital outflow pressures and growt...
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KUALA LUMPUR (Feb 21): Heineken Malaysia Bhd shares rose 2.71% in thin trade this morning after its net profit for the fourth quarter ended Dec 31, 2018 (4QFY18) hit RM100 million again — a level no...
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KUALA LUMPUR, Feb 20 — Deputy Finance Minister Datuk Amiruddin Hamzah has denied a report by Malay daily Utusan Malaysia which quoted him as saying that the reinstated Sales and Services Tax (SST) f...
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KUALA LUMPUR (Feb 20): Heineken Malaysia Bhd released a strong set of earnings for the fourth quarter ended Dec 31, 2018 (4QFY18). However, on its prospects, the brewery remains cautious noting the ch...
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KUALA LUMPUR, Feb 20 — Deputy Finance Minister Datuk Amiruddin Hamzah has reportedly admitted that the implementation of the Sales and Services Tax (SST) has not managed to reduce the prices of good...
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PARIS, Feb 15 — European car sales fell by 4.6 per cent in January from the same month last year, an industry body said today, in another worrying sign of economic slowdown.
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PUTRAJAYA (Feb 13): The recent working trip to Turkey by Inspector-General of Police Tan Sri Mohamad Fuzi Harun, and several other top police officers to Turkey sponsored by the Malaysia Totalisator B...
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ZURICH, Feb 14 — Swiss food giant Nestle said today that profits surged last year, boosted by income from the disposal of businesses, and it would consider selling its Herta charcuterie business.
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IN THE last quarter of 2018 (4Q18), we saw fierce competition in the e-commerce arena.
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PARIS, Feb 13 — Sales of French wine and spirits to China fell last year, industry figures showed today, in a further sign that a Chinese economic slowdown is hitting consumption.
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The K13 Nissan March was heavily engineered, designed, and manufactured in Thailand to maximize the incentives given by the Thai government back in 2010.
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This week, Tech in Asia Jobs features tech startups that are hiring in Southeast Asia.
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HOUSTON/MEXICO CITY/MOSCOW: At least 19 Asia-bound large tankers carrying more than 24 million barrels of Venezuelan crude and fuel were en route on Monday to India, China, Singapore, Malaysia and Japan. Nine of the vessels exported oil after the sanctions were issued.
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TOKYO, Feb 12 — Japanese automaker Nissan, rocked by the arrest of former chairman Carlos Ghosn, today revised downward its full-year forecast as nine-month net profit dropped more than 45 per cent.
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The Malaysian government is eyeing proceeds from the recent multi-million dollar sale of a stake in the swanky Park Lane Hotel (above) in New York, involving the US Department of Justice (DOJ), to an ...
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The closing of 2018 saw yet another record sales performance by Perodua and other smaller marques such as Mazda, Subaru, and Renault.
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GEORGE TOWN, Feb 1 — The economic situation in the country is looking up this year with a low inflation rate of two per cent, Finance Minister Lim Guan Eng said today.
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PUTRAJAYA (Jan 30): The 'Buy Malaysian Products' campaign is a platform for local manufacturers and service providers to get access to hypermarkets, shopping malls and trade fairs in order to broaden ...
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NEW YORK: Caterpillar Inc. manufactures huge yellow bulldozers. Nvidia Corp. makes minuscule computer chips. Their products have little in common, but their earnings on Monday pointed to the same direction: demand in China is slowing down for a widening type of goods.
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CAMERON HIGHLANDS: The farming community here is affected by the Sales and Service Tax (SST), says independent Cameron Highlands by-election candidate Wong Seng Yee.
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KUALA LUMPUR (Jan 22): Malaysia’s gross domestic product (GDP) is forecast to grow at 4.9 per cent this year, boosted by a tax refund programme and continuous support from consumer demand, said an e...
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KUALA LUMPUR (Jan 22): Finance Minister Lim Guan Eng clarified today that the Inland Revenue Board Of Malaysia's 2018 direct tax collection was based on taxation on income received during the year.
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ROBUST beer sales up to the third quarter ended last September, which continued even after the introduction of the Sales and Services Tax (SST), have given Carlsberg Brewery Malaysia Bhd reason to be ...
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KUALA LUMPUR (Jan 21): Finance Minister Lim Guan Eng (pictured) said today Malaysia's 2018 Sales and Services Tax collection by the Royal Malaysia Customs Department amounted to RM5.4 billion, which i...
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KUALA LUMPUR: The increase in direct tax collection last year by the Inland Revenue Board of Malaysia (IRB) was based on the economic growth recorded in the year of assessment 2018, said the Minister ...
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IN a response to a Nomura Global Research report last Wednesday highlighting the risk of Malaysia missing the fiscal deficit to GDP target of 3.7% in 2018, the Ministry of Finance revealed that its to...
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KUALA LUMPUR (Jan 21): Finance Minister Lim Guan Eng said today Malaysia's 2018 Sales and Services Tax collection by the Royal Malaysia Customs Department amounted to RM5.4 billion, which is some 34% ...
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Finance Minister Lim Guan Eng has rebutted MCA president Wee Ka Siong's claim that he was trying to take credit for BN's achievement after attributing the record high tax collection for 2018 to Pakata...
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KUCHING, Jan 19 — The Ministry of Domestic Trade and Consumer Affairs will closely monitor the prices of food items in view of the coming Chinese New Year (CNY) next month, its deputy minister Chong...
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PARIS, Jan 18 — French carmaker Renault unveiled record sales today of nearly 3.9 million vehicles last year, even as it prepares to turn the page on the era of chief executive Carlos Ghosn who rema...
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PETALING JAYA (Jan 16): Pizza Hut Malaysia will be opening its 400th store in Peninsula Malaysia within the first quarter this year, through planned expansion of 15 new stores in 2019.
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There is a good chance the country will be spared a Budget 2019 recalibration, if the ringgit and oil prices continue to do well this week.
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KUALA LUMPUR, Jan 12 — Keretapi Tanah Melayu Berhad (KTMB) today announced the additional ETS train services for the northern region in conjunction with the Chinese New Year which falls on February ...
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PETALING JAYA: The revised Real Property Gains Tax (RPGT) rates that took effect from Jan 1, 2019, may lead to quicker disposals upon the fifth year of holding period as there would be no motivation f...
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PETALING JAYA: The revised Real Property Gains Tax (RPGT) rates that took effect from Jan 1, 2019 may lead to quicker disposals upon the fifth year of holding period, as there would be no motivation f...
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The government collected RM5.4bil from the Sales and Services Tax in the past two months, exceeding its estimate of RM4bil, said Finance Minister Lim Guan Eng.
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KUALA LUMPUR, Jan 10 — Datuk Seri Azmin Ali is confident policies implemented by the Pakatan Harapan (PH) government will eventually result in a stronger economy, despite international ratings firms...
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KUALA LUMPUR (Jan 10): Bankers named in Bloomberg report among bidders to arrange 200 billion yen (US$1.9 billion) Samurai bond sale, Finance Minister Lim Guan Eng tells press conference in Putrajay...
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KUALA LUMPUR: The government collected RM5.4bil from the Sales and Services Tax in the past two months, exceeding its estimate of RM4bil, Bloomberg reported.
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Tan Hai Hsin Managing Director, Retail Group Malaysia IT was a very interesting year for the Malaysian retail industry.
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LONDON, Jan 10 — Britain's biggest carmaker Jaguar Land Rover (JLR) is set to announce “substantial” job cuts in the thousands, a source told Reuters, as the company faces double-digit drops in ...
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PUTRAJAYA, Jan 10 — Malaysia is in no danger of missing its deficit reduction targets for 2018 as higher than expected tax collections have bolstered the government’s coffers, Finance Minister Lim...
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PUTRAJAYA, Jan 10 — Housing and Local Government Minister Zuraida Kamaruddin said the ministry did not have specific programmes or studies to monitor property prices in the country.
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THE hawkers in my area in Penang have raised the price of a bowl of their standard fare by 50 sen (from RM4, that is 12.5%).
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KUALA LUMPUR (Jan 8): Investor confidence in the Malaysian property market has showed some positive signs as the new government starts to provide more clarity and certainty in its fiscal policies, acc...