Bank Negara Malaysia Moratorium – No U-turn?
Yesterday many of us were surprised to hear that Bank Negara Malaysia has seemingly done a U-turn, rescinding its policy that there will be no interest charged in the 6-months bank moratorium. Then the Association of Banks Malaysia (ABM) issued a statement saying banking institutions will provide borrowers with two options …
The BMW 530e M Sport and the New BMW 520i Luxury launched
BMW Malaysia today introduced the New BMW 530e M Sport and the New BMW 520i Luxury, further expanding the premium automaker’s most successful business sedan portfolio. Harald Hoelzl, Managing Director of BMW Group Malaysia said, “The BMW 5 Series has a success story that goes back decades. It is the …
Vehicle ownership transfer – what you need to know when selling your own car in Malaysia
As some of you know, I’ve recently sold my trusty 2006/2008 Skoda Octavia Mk II in favor of a bigger vehicle. The Czech-made sedan has been a joy to own and drive but it was time to move on to something bigger. Call it fate but within the span of a …
Affordable Electric Vehicle/Plug-in Hybrids? Not anytime soon
Every business have a specific target market to cater to. Whether it’s a Rolex exclusive time piece merchant or a RM17 Quik-cut barber shop, they each target a particular niche. If done right, you’d not only be able to survive, you might thrive and open many branches. Among many of …
Mercedes Benz is the No. 1 Premium Brand in Malaysia for 2016 – here’s how they did it
Despite what they say about the current lukewarm economic climate in Malaysia, it has not stopped Mercedes Benz Malaysia (MBM) from setting another record performance in 2016. Not only have they managed to stay ahead of every other premium brands in our market, they’ve managed to;- top it’s previous record …
Used car dealers – on the road to extinction?
A couple of days back, I came across an article published by FreeMalaysiaToday about used car dealers facing tough times. In the article, the first 4 paragraphs illustrates how bad it is by quoting ONE second hand car dealer, then the rest of the article quoted ONE editor from ONE automotive related …
Malaysia Fuel prices 31 March 2016 – It’s all going up!
Brent crude oil prices has been on the rise, therefore, effective midnight tonight, fuel prices will be as follows:- RON95 – RM1.70 per litre (up RM0.10) RON97 – RM2.05 per litre (up RM0.10) Diesel – RM1.55 per litre (up RM0.20) Petron RON100 remains unregulated at RM2.60 (down from introduction price of RM2.80 since …