News
China's detentions of Panama-flagged vessels raise concerns, Rubio says
7+ hour, 9+ min ago (176+ words) The US Federal Maritime Commission (FMC) said last week it was closely monitoring a surge in detentions of Panama-flagged vessels in China that appears tied to a Panama court ruling against Hong Kong-based CK Hutchison. "China's recent actions against Panama-flagged…...
Tesla's first-quarter deliveries miss estimates as tax credit expiry weighs
8+ hour, 47+ min ago (385+ words) The company delivered 358,023 vehicles in the January-March period, down 14.4% from the fourth quarter, up 6.3% from a year earlier. Analysts on average had expected deliveries of 368,903 vehicles, according to Visible Alpha data. Tesla has posted two consecutive years of declining deliveries…...
UMW Toyota rolls out three new EV models in Malaysia
10+ hour, 40+ min ago (326+ words) The company introduced three models " the Toyota bZ4X, Urban Cruiser and Hilux BEV " as part of its broader global strategy that includes hybrid, plug-in hybrid, battery EV and fuel cell technologies. UMW Toyota president Datuk Ravindran K said electrified vehicles, comprising…...
E5: Malaysia Aviation Group well-hedged, amid high jet fuel, cancelled flights
8+ hour, 47+ min ago (14+ words) E5: Malaysia Aviation Group well-hedged, amid high jet fuel, cancelled flights'The Edge Malaysia...
First LNG ship to attempt Strait of Hormuz exit not carrying cargo — data
11+ hour, 13+ min ago (225+ words) The Sohar LNG tanker, which appears not to be loaded with cargo, is moving eastward after changing its destination to the Qalhat LNG export terminal in Oman, according to ship-tracking data. The vessel, which is signalling that it's an Omani…...
AirAsia’s Fernandes is certain LCCTs in KL, Penang, KK will be built
12+ hour, 53+ min ago (325+ words) This article first appeared in The Edge Financial Daily on August 2, 2018 - August 8, 2018 KUALA LUMPUR: AirAsia Group Bhd group chief executive officer (CEO) Tan Sri Tony Fernandes said he is confident the government will allow for the setting up of three…...
Proton sales jump 13% in March on new models, EV momentum
11+ hour, 33+ min ago (380+ words) The national automaker sold 15,706 units in March, up from 13,566 units in February, bringing first-quarter (1Q) sales to 49,140 units " the group's highest quarterly tally in 22 years. The results put Proton about 24% toward its 2026 sales target of 200,000 units. "Proton's 1Q sales performance is the…...
Cover Story: Oriental Kopi takes slow-brew approach to growth
16+ hour, 2+ min ago (1749+ words) This article first appeared in The Edge Malaysia Weekly on March 23, 2026 - March 29, 2026 WHEN Datuk Calvin Chan Jian Chern sits down for an exclusive interview with The Edge at Oriental Kopi Holdings Bhd's (KL:KOPI) outlet in Pavilion Damansara Heights, he…...
Batik Air Malaysia cuts 35% of flights in April due to high fuel prices
14+ hour, 15+ min ago (667+ words) Chief executive officer Datuk Chandran Rama Muthy said in an internal memo to staff dated April 1 that the reduction is a precautionary move to conserve resources as jet fuel prices climb to historic highs. The Malaysia-based hybrid airline will also…...
Proton reaffirms commitment to strengthen Malaysia’s automotive ecosystem
13+ hour, 8+ min ago (269+ words) As Malaysia's first homegrown automotive original equipment manufacturer, the carmaker said this commitment to the local ecosystem is reflected in Proton's local purchase value of more than RM17 billion over the last five years (20212025), which is projected to rise to approximately…...