Latest news with #AidilAdha
Focus Malaysia
23-06-2025
- Automotive
- Focus Malaysia
May auto sales rebound on more working days, but yearly trend still soft
The Malaysian Automotive Association (MAA) reported a TIV of 68,007 units in May, with total production volume (TPV) reaching 66k units (-12% YoY). The stronger sequential performance was largely expected, given the more working days post Aidil Fitri festivity. As the sector continues to face challenges amid price competition and the softening of overall consumer sentiment, we maintain our NEUTRAL call, for now. May TIV came in at 68k units (+12% MoM, -3% YoY), bringing 5M25 TIV to 316,722 units (-5% YoY). The MoM recovery was as expected given the higher number of working days vs April and delivery of vehicles booked in 1Q25. The pick-up in sales volume was mainly driven by the major marques, namely Honda (+38% MoM), Perodua (+15% MoM), and Proton (+5% MoM). Chinese car maker Chery also saw an increase of +18% MoM (mainly contributed by Jaecoo), while BYD recorded a slightly modest growth of +6% MoM. Mazda sales volume, meanwhile, slipped 14% MoM. The national carmakers' TIV share rose to 64% in YTD-May 2025 from 62% in 2024. TPV saw a 17% MoM uptick (-12% YoY) in May, in line with the increase in TIV numbers. The TPV's MoM increase was mainly contributed by Proton (+33%), Perodua (+16%), and Toyota (+14%), but slightly offset by Honda (-6%). Moving forward, we expect to see a MoM output decrease in June, leading to an overall QoQ decline in 2Q25. This is largely due to seasonal plant shutdowns by major automakers during the Aidil Fitri (April) and Aidil Adha (June) holiday periods. Tesla ended Proton's run as the top-selling EV brand in May. Based on Road Transport Department (JPJ) figures – which include non-MAA members – while BYD still leads the EV market adoption, Tesla Model Y recorded the highest units registered (985 units) in May while 7 came second (862 units). Total EV registrations rose 69% YoY in May to 4,152 units, bringing YTD-May 2025 registrations to 13.9k units (+59% YoY), making up 4.1% of total cars registered, vs 2.5% in 2024. 'While we expect EV numbers to continue picking up in the coming months, growth is likely to remain moderate due to structural headwinds – high pricing & limited availability of charging infrastructure. As such, EVs are unlikely to influence overall TIV in the near term,' said RHB. Remain NEUTRAL, 5M25 TIV largely in line with our 2025 forecast of 730k units, making up 43% of full-year assumptions. We expect 2Q25 to soften QoQ on the back of scheduled factory maintenance shutdowns by major marques. We remain wary of the sector's outlook however, due to the intense price competition in the non-national segment and lack of catalysts to boost sales and earnings for the sector. Additionally, the impending subsidy rationalisation and the implementation of expanded sales & service tax (SST) may dampen overall consumer sentiment. Hence, we maintain our sector rating, with Sime Darby (SIME) as our sole BUY call. Key downside risks include softer-than-expected orders and deliveries, and resurgent supply chain issues. The opposite represents upside risks. —June 23, 2025 Main image: Shutterstock
The Star
12-06-2025
- Politics
- The Star
Packing up a lifetime in 45 minutes as Pakistan's foreigner crackdown sends Afghans scrambling
TORKHAM: The order was clear and indisputable, the timeline startling. You have 45 minutes to pack up and leave Pakistan forever. Sher Khan, a 42-year-old Afghan, had returned home from his job in a brick factory. He stared at the plainclothes policeman on the doorstep, his mind reeling. How could he pack up his whole life and leave the country of his birth in under an hour? In the blink of an eye, the life he had built was taken away from him. He and his wife grabbed a few kitchen items and whatever clothes they could for themselves and their nine children. They left everything else behind at their home in Pakistan-controlled Kashmir. Born in Pakistan to parents who fled the 1979 Soviet invasion of Afghanistan and the ensuing war, Khan is one of hundreds of thousands of Afghans who have now been expelled. The nationwide crackdown, launched in October 2023, on foreigners Pakistan says are living in the country illegally, has led to the departures of almost one million Afghans already. Pakistan says millions more remain. It wants them gone. "All our belongings were left behind,' Khan said as he stood in a dusty, windswept refugee camp just across the Afghan border in Torkham, the first stop for expelled refugees. "We tried so hard (over the years) to collect the things that we had with honour.' Pakistan set several deadlines earlier this year for Afghans to leave or face deportation. Afghan Citizen Card holders had to leave the capital Islamabad and Rawalpindi city by March 31, while those with Proof of Registration could stay until June 30. No specific deadlines were set for Afghans living elsewhere in Pakistan. Khan feared that delaying his departure beyond the deadline might have resulted in his wife and children being hauled off to a police station along with him, a blow to his family's dignity. "We are happy that we came (to Afghanistan) with modesty and honour,' he said. As for his lost belongings, "God may provide for them here, as He did there.' At the Torkham camp, run by Afghanistan's Taliban government, each family receives a SIM card and 10,000 Afghanis (US145) in aid. They can spend up to three days there before having to move on. The camp's director, Molvi Hashim Maiwandwal, said some 150 families were arriving daily from Pakistan - far fewer than the roughly 1,200 families who were arriving about two months ago. But he said another surge was expected after the three-day Islamic holiday of Aidil Adha that started June 7. Aid organisations inside the camp help with basic needs, including healthcare. Local charity Aseel provides hygiene kits and helps with food. It has also set up a food package delivery system for families once they arrive at their final destination elsewhere in Afghanistan. Aseel's Najibullah Ghiasi said they expected a surge in arrivals "by a significant number' after Aidil Adha. "We cannot handle all of them, because the number is so huge,' he said, adding the organisation was trying to boost fundraising so it could support more people. Pakistan accuses Afghans of staging militant attacks inside the country, saying assaults are planned from across the border - a charge Kabul's Taliban government denies. Pakistan denies targeting Afghans, and maintains that everyone leaving the country is treated humanely and with dignity. But for many, there is little that is humane about being forced to pack up and leave in minutes or hours. Iran, too, has been expelling Afghans, with the UNHCR, the UN's refugee agency, saying on June 5 that 500,000 Afghans had been forced to leave Iran and Pakistan in the two months since April 1. Rights groups and aid agencies say authorities are pressuring Afghans into going sooner. In April, Human Rights Watch said police had raided houses, beaten and arbitrarily detained people, and confiscated refugee documents, including residence permits. Officers demanded bribes to allow Afghans to remain in Pakistan, the group added. Fifty-year-old Yar Mohammad lived in Pakistan-controlled Kashmir for nearly 45 years. The father of 12 built a successful business polishing floors, hiring several workers. Plainclothes policemen knocked on his door too. They gave him six hours to leave. "No way a person can wrap up so much business in six hours, especially if they spent 45 years in one place,' he said. Friends rushed to his aid to help pack up anything they could: the company's floor-polishing machines, some tables, bed-frames and mattresses, and clothes. Now all his household belongings are crammed into orange tents in the Torkham refugee camp, his hard-earned floor-polishing machines outside and exposed to the elements. After three days of searching, he managed to find a place to rent in Kabul. "I have no idea what we will do,' he said, adding that he would try to recreate his floor-polishing business in Afghanistan. "If this works here, it is the best thing to do.' - AP
The Star
07-06-2025
- Politics
- The Star
Deepening Cambodian Muslim bonds on Aidil Adha
PHNOM PENH: Cambodian Prime Minister Hun Manet lauded the country's minority Muslim community for their contribution to nation-building. In his special greetings to the Muslims on the occasion of Aidil Adha, the prime minister emphasised their invaluable contribution in fostering racial harmony across the Kingdom. "On behalf of the Government of the Kingdom of Cambodia, my wife (Pich Chanmony) and I congratulate and wish success, happiness and prosperity to all our Muslim brothers and sisters in Cambodia and abroad, as well as Muslim brothers and sisters around the world, happily welcoming the Hari Raya Haji. "And thanks to our Cambodian Muslim brothers and sisters who have participated in maintaining the peace with Cambodian citizens with religious and ethnic harmony in accordance with the policies of the Government of the Kingdom of Cambodia,' Manet said in his Facebook Posting Saturday (June 7). About 800,000 Cambodian Muslims joined the global Muslim community in celebrating Aidil Adha on Saturday. Muslims make up about five per cent of the 17 million Cambodian population, which is predominantly Buddhist. Manet also greeted those who conducted their Haj pilgrimage to Mecca this year. "Wish all our brothers and sisters who are performing haj duties in Saudi Arabia and Muslim brothers who are enjoying the gathering with their relatives and relatives,' he said. About 1,200 Cambodian Muslims performed their haj pilgrimage this year. - Bernama
Barnama
06-06-2025
- Politics
- Barnama
Hajiji Calls On People In Sabah To Strengthen Brotherhood, Unity
KOTA KINABALU, June 6 (Bernama) — Sabah Chief Minister Datuk Seri Hajiji Noor has called on the people in the state to continue to strengthen brotherhood and unity. In his message in conjunction with the Hari Raya Aidiladha celebration tomorrow, he also urged Muslims to continue to strengthen their faith and devotion to Allah SWT, while reflecting on the profound story of sacrifice by Prophet Ibrahim AS and his son, Prophet Ismail AS. "The narrative of Aidil Adha, which is closely related to the story and sacrifice of these two noble prophets, Prophet Ibrahim AS and his son, Prophet Ismail AS, carries a unique message and philosophy that encompasses three essential aspects in human life, namely struggle, sacrifice and piety towards Allah SWT.
The Sun
06-06-2025
- Politics
- The Sun
Hajiji calls on people in Sabah to strengthen brotherhood, unity
KOTA KINABALU: Sabah Chief Minister Datuk Seri Hajiji Noor has called on the people in the state to continue to strengthen brotherhood and unity. In his message in conjunction with the Hari Raya Aidiladha celebration tomorrow, he also urged Muslims to continue to strengthen their faith and devotion to Allah SWT, while reflecting on the profound story of sacrifice by Prophet Ibrahim AS and his son, Prophet Ismail AS. 'The narrative of Aidil Adha, which is closely related to the story and sacrifice of these two noble prophets, Prophet Ibrahim AS and his son, Prophet Ismail AS, carries a unique message and philosophy that encompasses three essential aspects in human life, namely struggle, sacrifice and piety towards Allah SWT. 'Aidiladha, which coincides with the sacred month of Haj, is a holy month that embodies the true meaning of Habluminallah and Habluminanaas, which is human relationship with God the Creator, and our relationship with fellow human beings,' he said. Hajiji expressed hope that this Aidiladha celebration would serve as a platform to further strengthen brotherhood and unity among Malaysians, particularly in Sabah. 'On behalf of my family and myself, I would like to wish Selamat Hari Raya Aidiladha to all Muslims, wherever they are,' he added.
