logo
Mitsubishi Motors unveils enhanced Triton Athlete to mark 20 years in Malaysia

Mitsubishi Motors unveils enhanced Triton Athlete to mark 20 years in Malaysia

The Sun11-06-2025
MITSUBISHI Motors Malaysia (MMM), the official distributor of Mitsubishi vehicles in the country, is celebrating two decades of operations with the launch of an upgraded Triton Athlete. This latest iteration of the brand's flagship pick-up truck combines refreshed styling with improved practicality, reinforcing its reputation for rugged reliability and dynamic performance.
The enhanced Triton Athlete arrives at a time when Mitsubishi Motors is marking 20 years of presence in the Malaysian market. As part of the celebrations, the company has rolled out a series of exclusive promotions and incentives for customers.
The Triton Athlete, now offered at a revised price of RM159,980 (on-the-road, without insurance, for Peninsular Malaysia), features several design and functional enhancements. These include a more aggressive front bumper garnish that accentuates its commanding presence, a new styling bar that adds to its muscular profile, and a tailgate assist function designed to make loading and unloading more effortless. A decorative body decal also gives the vehicle a distinctive and personalised appearance.
MMM has described the new Triton Athlete as a model that reflects its continued commitment to delivering high-quality, high-performance vehicles tailored to Malaysian drivers. The flagship pick-up has enjoyed sustained popularity in the market, with close to 120,000 units sold since its introduction. The model's enduring appeal stems from its ability to combine SUV-like refinement with off-road capability and day-to-day usability.
Shinya Ikeda, CEO of Mitsubishi Motors Malaysia, stated that the Triton has become a trusted symbol of strength and dependability among local motorists. He added that the latest enhancements reaffirm the brand's dedication to evolving with customer needs while maintaining the vehicle's core appeal. According to him, the 20th anniversary is a moment to reflect on Mitsubishi's journey in Malaysia and to thank customers for their unwavering support.
In conjunction with the anniversary, Mitsubishi Motors is offering an exclusive promotion for Triton Athlete buyers. For a limited period, customers may choose between a five-year free maintenance package or up to RM8,000 in rewards. The Triton Athlete is also backed by a five-year warranty with unlimited mileage, adding to its long-term value proposition.
Financing packages through Maybank or Public Bank are also available, with interest rates starting as low as 0.6 per cent. These tailored offers aim to make the range-topping Triton Athlete more accessible to customers across the country.
To further engage with the public, MMM is launching a nationwide 'Scratch & Win' contest beginning June 16. Customers who book a new Triton or XPANDER at any authorised Mitsubishi dealership will be eligible to participate. Upon vehicle registration and collection, they will receive a scratch card with prizes including the iPhone 16, iPad, iPods, Seiko watches, and THULE merchandise.
As the company celebrates its 20th year in Malaysia, Mitsubishi Motors is using this milestone not only to highlight its achievements but also to reaffirm its focus on innovation, customer satisfaction, and value. The enhanced Triton Athlete stands as a testament to that commitment, offering drivers a compelling blend of style, functionality, and performance.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Bankable sustainability
Bankable sustainability

The Star

time20 minutes ago

  • The Star

Bankable sustainability

Chasing capital through ESG — Malaysian firms are realigning their strategies as green finance takes centre stage PALM oil giants, solar startups, data centre developers and more operate in vastly different industries. Yet, besides revenue growth, earnings and returns, they are all chasing another thing in common — green capital. Green capital refers to funding dedicated to projects or companies that generate measurable environmental benefits, such as renewable energy or sustainable agriculture. This capital is often channeled through instruments like green bonds or sustainability-linked sukuk, which link financing to ESG performance. These companies aren't the only ones. From pioneering the world's first green sukuk to seeing bonds oversubscribed by sustainability-hungry investors, more and more companies are discovering that in today's economy, chasing green is ethical and good business. But there is a catch. Sustainability is not bankable unless it is credible, structured and certified. That is why companies are moving towards aligning with global standards like the International Capital Market Association (ICMA) Green Bond Principles and the Asean Green Bond Standards to polish their ESG credentials and open doors to new pools of capital. Green bonds and ESG-linked sukuk are debt instruments designed to raise funds specifically for projects with environmental and social benefits. Unlike conventional bonds, their terms often include commitments to achieve defined ESG targets, making them appealing to investors seeking both financial returns and measurable impact. A financial enabler It was not long ago when Malaysian corporations viewed ESG as a reporting obligation and tedious checklist. That narrative has shifted since then. Today, ESG has become a strategic lever for accessing capital, managing risk and signaling long-term value to investors. Bank Negara Malaysia (BNM) Governor Datuk Seri Abdul Rasheed Ghaffour said the central bank has found there has been uptake in green and transition related financing and solutions. 'Financial institutions are increasing their offering of green and transition related financing and solutions. These point towards the financial sector making steady progress in supporting Malaysia's orderly transition to a greener economy. 'On green financing, we see growing demand and uptake of funds made under BNM's Low Carbon Transition Facility and High Tech and Green Facility. Similarly, we saw further progress in the Greening Value Chain programme with over 150 SMEs having begun reporting emissions data,' he said in his foreword of the BNM Annual Report 2024. Meanwhile, according to the International Finance Corporation (IFC)—the largest global development institution focused on the private sector in emerging markets and a member of the World Bank Group—ESG integration in emerging markets is increasingly driven by the demand of international investors and access to global capital markets—not purely by regulation. In IFC's Emerging Market Green Bonds 2023-2024 Report, it was stated that this shift is particularly visible in Malaysia, where more corporates are using ESG-linked tools such as green bonds, sustainability-linked sukuk, and ESG-themed funds to unlock capital. Companies with credible sustainability frameworks can tap into larger and more diverse pools of investors—many of whom are actively reallocating capital toward climate-positive and socially responsible investments, it noted. Insights from the Climate Bonds Initiative's Asean Sustainable Finance State of the Market 2022 show that Asean countries are intensifying their positioning for green and sustainable finance, which is gaining traction with the private sector. It was noted that nearly half of Malaysian companies surveyed are investing in new technologies and upskilling to protect their future business, a sign of corporate action beyond public sector mandates. What is driving the demand? ESG-linked instruments are increasingly valued for ethical reasons as well as their ability to deliver climate resilience, social impact, and sustainable long-term returns. The Global Sustainable Investment Alliance's Global Sustainable Investment Review 2023 points to investors' growing insistence on clear disclosures and impact measurement, further driving demand for ESG-linked products that meet internationally recognised standards. Meanwhile, over 80% of asset owners have integrated ESG factors into their investment decisions, driven by evolving client demands and tighter regulatory requirements, PwC's Global ESG Survey 2023 found. IFC's Emerging Market Green Bonds 2023–2024 report highlights how robust regulatory frameworks, such as the Asean Green Bond Standards, underpin investor confidence by ensuring transparency and credibility. Companies demonstrating strong ESG credentials benefit from lower capital costs and superior valuation, encouraging issuers to adopt ESG-linked financing, stated McKinsey's The ESG Premium: New Perspectives on Value and Performance report. Meanwhile, Deloitte has highlighted that sustainability-linked bonds (SLBs) have emerged as strategic financing instruments that align corporate sustainability goals with financial performance. These bonds adjust interest rates based on whether issuers meet predefined ESG targets—creating a direct financial incentive for achieving sustainability outcomes. Making ESG bankable Investors today demand clear, verified impact metrics that demonstrate real progress on environmental, social, and governance goals. Aligning with internationally recognised standards, such as the ICMA Green Bond Principles and the Asean Sustainability Taxonomy, is critical. These frameworks guide issuers to set clear, time-bound sustainability KPIs—from emissions reduction targets to renewable energy usage—that resonate with global investors. Credibility is key. According to Securities Commission Malaysia, obtaining third-party assurance for ESG disclosures enhances investor confidence and reduces perceived risks. Firms like CIMB's ESG advisory unit offer expert guidance to help corporations develop transparent, investor-aligned sustainability frameworks. World Bank has emphasised that standardised, transparent ESG disclosures are essential to reducing issuance premiums and attracting cross-border investment. It notes that credible sustainability reporting is critical for unlocking sustainable finance across sovereigns, corporates, and financial institutions. Malaysian issuers leading the way Malaysia has emerged as a pioneer in Asean's sustainable finance space, with corporates actively issuing green bonds and sustainability-linked sukuk to fund low-carbon projects and future-proof their business models. The country made global headlines in 2017 when Tadau Energy Sdn Bhd issued the world's first green SRI sukuk to finance a solar photovoltaic plant in Sabah. Since then, a growing number of issuers—including Quantum Solar Park, PNB Merdeka Ventures, UiTM Solar Power and Sinar Kamiri—have followed suit, funding solar farms, green buildings, and hydropower projects. YTL Power International Bhd issued a RM1.5bil sustainability-linked sukuk, where interest rates are tied to achieving verified ESG targets. CIMB Group Holdings Bhd has advised on numerous green and sustainability-linked instruments and developed one of the region's most comprehensive sustainable finance frameworks. Cagamas Bhd, the national mortgage corporation, has issued both green and social bonds, showcasing how ESG funding can be channeled into housing access and environmental impact. More recently, companies have begun adopting outcome-based financing. Yinson Holdings Bhd issued Malaysia's first sustainability-linked sukuk in 2021, a RM1bil deal with coupon rates tied to achieving ESG targets. Cenviro Sdn Bhd and Sunway REIT have also entered the market with performance-linked sukuk, signaling a shift toward ESG accountability. Green projects by the billions Malaysia is steadily positioning itself as a regional leader in sustainable infrastructure, driven by a surge of large-scale green investments aligned with national decarbonisation goals. These projects, backed by both domestic conglomerates and global investors, are reshaping the country's industrial and energy landscape. One of the most significant commitments to date is from Saudi Arabia's ACWA Power, which signed a Memorandum of Understanding with the Malaysian Investment Development Authority (MIDA) in May 2025 to invest up to US$10bil in developing 12.5 gigawatts of renewable energy capacity by 2040. Meanwhile, Khazanah Nasional Bhd, via UEM Group Bhd, is spearheading a RM6bil, 1 GW hybrid solar project with a 16.2ha renewable energy industrial park in Gerbang Nusajaya, Johor. Led by UEM Sunrise in partnership with ITRAMAS, CMECWUXI, and Blueleaf Energy (part of Macquarie's Green Investment Group), the project supports Malaysia's National Energy Transition Roadmap. SD Guthrie Bhd, formerly known as Sime Darby Plantation Bhd, is building a 404.7ha industrial zone in Perak, with 267.1ha dedicated to solar generation under its net-zero roadmap. YTL Power is also advancing a 500MW solar-powered data centre campus in Kulai, Johor—a project valued at over RM20bil in collaboration with NVIDIA. Supporting these headline initiatives are waste-to-energy facilities in Selangor and Sarawak, alongside hydropower and floating solar projects. Still, it is essential to differentiate between green infrastructure and ESG-linked finance: The former delivers environmental outcomes, while the latter ties financial terms to measurable ESG performance targets. A greener financial future Looking ahead, green and ESG-linked finance is poised to reshape capital flows and corporate priorities. However, it is not without fault lines. Uneven disclosure standards, greenwashing, and a growing gap between ESG rhetoric and results threaten to erode trust. While Malaysia makes strides, the market still grapples with questions of depth, integrity and real impact. Investors are watching but so are sceptics. As ESG becomes a powerful lever for raising capital, the line between genuine sustainability and opportunistic branding is blurring. The question remains—are ESG labels financing a better future or simply financing business as usual under a greener name?

Drainage woes at Lrg Stampin Barat 4 to be resolved with new RM250,000 RTP project
Drainage woes at Lrg Stampin Barat 4 to be resolved with new RM250,000 RTP project

Borneo Post

time41 minutes ago

  • Borneo Post

Drainage woes at Lrg Stampin Barat 4 to be resolved with new RM250,000 RTP project

Yap (fourth left) delivers the LoA to the appointed contractor during the site visit. KUCHING (July 25): Drainage upgrading works worth RM250,000 at Lorong Stampin Barat 4 here officially commenced following the presentation of letter of appointment (LoA) to Bard Supply and Services Company. Kota Sentosa assemblyman Wilfred Yap, who visited the site yesterday, said the project is fully funded under his Rural Transformation Programme (RTP) 2025 and awarded through casting of lot method. Scheduled for completion by November 2025, the project aims to resolve long-standing drainage problems faced by residents, particularly those near SK Laksamana. 'This RTP project is not just about infrastructure – it fulfils a promise to improve quality of life, reduce water ponding and erosion, and protect homes from further damage,' he said in a statement. Yap added that the works involve upgrading deteriorated earth drains to permanent concrete drains, implemented through the Department of Irrigation and Drainage (DID). 'This will significantly improve stormwater flow, reduce flash flood risks, and enhance cleanliness and safety for residents and schoolchildren,' he said. Yap emphasised the need for timely execution and quality workmanship to minimise disruption to the community. He assured that he will closely monitor the progress of the project in collaboration with relevant agencies to ensure its successful and satisfactory completion. Also present during the site visit were DID officers and representatives from the appointed contractor. drainage lead Lorong Stampin Barat 4 RTP Wilfred Yap

Anwar hits back at critics of RM100 cash aid
Anwar hits back at critics of RM100 cash aid

The Sun

timean hour ago

  • The Sun

Anwar hits back at critics of RM100 cash aid

PETALING JAYA: Prime Minister Datuk Seri Anwar Ibrahim has hit back at critics of the RM100 cash aid under the Sumbangan Asas Rahmah scheme, urging Malaysians to see it through the eyes of struggling households that depend on every ringgit to get by. 'Some might say, 'it is just RM100'. If you earn RM20,000 or RM40,000 a month, of course it seems minor. 'I've seen first-hand how much it matters in rural areas,' said Anwar, who is also the finance minister, during the Finance Ministry's monthly assembly yesterday. He pointed out that the RM100 is part of a wider, phased financial support framework. For a household comprising a married couple and two adult children, total assistance is RM400, and when combined with Sumbangan Tunai Rahmah payments, the figure could rise to RM700. 'The main issue isn't how much we allocate, it's how well we manage it. We must end the culture of boros (extravagance) and sakau (misappropriation).' Responding to a criticism from the Opposition on the policy to stop subsidies for foreigners, Anwar didn't hold back. 'We've been clear that foreigners will have to pay market prices. That's our policy. But then opposition leader (Datuk Seri Hamzah Zainudin) questioned why we are burdening them. I find that baffling. What do you expect us to do? 'He's free to criticise me. I don't mind. But it's strange how, in Malaysia, some people act as if we're oppressing others or taking away their rights. This isn't about taxing them, it's about subsidies. 'We're not imposing fuel taxes. We are simply removing the 50 sen per litre subsidy we've been providing. And only for foreigners, not Malaysians. In their own countries – Singapore, Thailand, Indonesia – fuel prices are already over RM2.50 per litre. 'We're merely aligning with global market norms. Yet even that becomes a point of contention.' Anwar said the government remains committed to targeted subsidies, especially for the B40 group, and is now extending benefits to the M40 group as well, through initiatives such as reduced toll rates and lower fuel prices. He highlighted the recent deferral of toll hikes on 10 major highways and the planned reduction of RON95 fuel to RM1.99 per litre. 'M40 families that drive more and use toll roads more often will feel the difference. These aren't short-term populist handouts. They are deliberate, meaningful steps forward.' 'These measures – RM100 cash aid, toll deferments and fuel price cuts – won't fix everything overnight. But they show our commitment to responsible, people-first governance, rolled out in time for Merdeka and Malaysia Day.'

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store