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BMW Malaysia Still Bullish On Local Car Market (Bernama)
KUALA LUMPUR, July 31 (Bernama) -- BMW Malaysia Sdn Bhd, which distributes BMW and MINI cars, expects sales to continue showing good growth despite the fuel price hike, expected decline in car sales and rise in Hire purchase rates.

CIMB upbeat to meet deposits target (The New Sabah Times)
KUALA LUMPUR : CIMB Group is optimistic of achieving 25 percent growth in deposits, or RM7 billion, this year despite the current challenging economic environment.

Bumpy road ahead for auto sector (The Star)
THE motor vehicle sector is bracing for tougher times as demand for cars and commercial vehicles may falter on concerns over high inflation and weak economic growth.

Two in robbery gang shot dead, 3 held (The New Straits Times)
SERENDAH: The crime spree of a robbery gang came to an abrupt halt when two of them were shot dead and three others nabbed by police early yesterday.

AMMB Holdings announces first quarter 2008 results (Thaipr.net)
AMMB Holdings Berhad (?AMMB? or the ?Group?) has announced a profit after tax and minority interests of RM202.9 million for the first quarter of financial year ending 31 March 2009 (?Q1FY09?), represe

AMMB Holdings Berhad â?“ 1st Quarter Results to June 2008 PATMI growth of 12% to RM202.9 Million (Bernama via Yahoo! Malaysia News)
ATTENTION EDITOR, BUSINESS & FINANCE DESKS

Luxury vehicle players bullish on demand (The Star)
PETALING JAYA: High-end motor vehicle players are confident that high oil prices and rising inflation will not dampen demand for their cars.

Major loans revamp by banks unlikely (The Star)
PETALING JAYA: The tough economic environment fuelled by higher food and energy prices is unlikely to see banks generally undertaking a major loans restructuring exercise.

Bumpy road ahead for M'sian auto sector (Asia News Network)
The Malaysian motor vehicle sector is bracing for tougher times as demand for cars and commercial vehicles may falter on concerns over high inflation and weak economic growth.

01-08-2008: Sales of premium cars still robust, says BMW Malaysia (The Edge Daily)
KUALA LUMPUR: It has been a good 1H08 for BMW Malaysia with the bulk of its sales coming from core model lines: X5 and 3 Series, said BMW Malaysia corporate affairs manager Vijayaratnam Tharumartnam.

 

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