Latest news with #RM113


New Straits Times
5 days ago
- Automotive
- New Straits Times
Proton officially launches X50, prices from RM89,800-RM113,300
PROTON Holdings Bhd has finally announced the prices the updated X50, several weeks after it was previewed to Malaysians. The SUV comes in three variants: X50 1.5TD Flagship at RM113,300, X50 1.5TD Premium at RM101,800 and X50 1.5TD Executive at RM89,800. However, there is a RM4,000 rebate for the first 10,000 customers as part of the national carmaker's Gempak! Deal for early bird customers who register their vehicles by Oct 31. Proton said since it first hit Malaysian roads in 2020, the X50 has completely changed expectations for its class and reset goalposts with over 140,000 units sold, making it Malaysia's best-selling B-segment SUV for five consecutive years. Developed in collaboration with Geely, the SUV is a global success story, with over 1.2 million units sold across 51 countries. The latest model introduces comprehensive upgrades inside and out, offering customers an even more refined, dynamic and intelligent driving experience. "The all-new Proton X50 reflects our continuous pursuit of excellence in automotive design and technology," said Proton chief executive officer Li Chunrong at its launch on Thursday. "Our ambition is to raise the standard for the B-segment, giving Malaysian drivers an experience that is smart, spirited, and truly next-generation, Made for Malaysia, Engineered for the World!" he added. The updated X50 ushers in a new era with a striking design evolution, enhanced ADAS Level 2, and a massive 14.6-inch infotainment display. One of its standout innovations is the world's first Bahasa Melayu voice command system, a proud local-first that brings intuitive connectivity to more Malaysians in their everyday language. Under the hood, the new 1.5TD i-GT engine paired with a seven-speed DCT delivers 133 kW and 290 Nm of torque, achieving 0-100 km/h 7.6 seconds - 0.3 seconds quicker than its predecessor. Coupled with a 4.7 per cent improvement in fuel economy, it offers a perfect balance of power and efficiency. Colour-wise, Proton has added a new option called Teal Bayou Green alongside the four existing colours namely Snow White, Passion Red, Jet Grey and Armour Silver. Interior-wise, the Executive and Premium variants are draped in black although they do have different upholstery material - fabric and leatherette respectively. The Flagship variant also has leatherette upholstery but it is draped in black and red instead.


The Sun
7 days ago
- Business
- The Sun
Malaysia and South Korea boost trade, green tech & defence ties
KUALA LUMPUR: Malaysia and South Korea have agreed to deepen strategic cooperation across multiple sectors, including trade, investment, green technology, digital transformation, and defence. Prime Minister Datuk Seri Anwar Ibrahim confirmed the progress following a meeting with South Korean President's Special Envoy Kim Young Choon. 'Alhamdulillah, both countries continue to agree to expand cooperation in the fields of trade, investment, green transition, digital and defence,' Anwar stated in a Facebook post. South Korea remains a key economic partner, ranking as Malaysia's eighth-largest trading partner with bilateral trade reaching US$23.94 billion (RM113 billion) in 2023. Discussions also covered finalising a free trade agreement and a defence industry memorandum of understanding by October. Both nations are coordinating for the 2025 APEC Summit in Gyeongju, South Korea, where Malaysia has pledged support for Seoul's leadership in advancing regional economic agendas. Anwar further invited South Korean President Lee Jae-myung to the 47th ASEAN Summit in Kuala Lumpur this October, reinforcing Malaysia's commitment to fostering long-term regional stability and growth. – Bernama

Barnama
7 days ago
- Business
- Barnama
Malaysia, South Korea To Expand Strategic Cooperation -- PM Anwar
KUALA LUMPUR, July 23 (Bernama) -- Malaysia and South Korea have agreed to continue expanding strategic cooperation in the areas of trade, investment, green transition, digitalisation, and defence, said Prime Minister Datuk Seri Anwar Ibrahim. He said the matter was discussed during a courtesy visit by South Korean President's Special Envoy Kim Young Choon, who is currently on a working visit to Malaysia. 'Alhamdulillah, both countries continue to agree to expand cooperation in the fields of trade, investment, green transition, digital and defence,' he said in a post on Facebook today. Anwar said that South Korea is now Malaysia's eighth-largest trading partner, with total trade worth US$23.94 billion (RM113 billion) last year. He also welcomed South Korea's intention to finalise the free trade agreement and a memorandum of understanding in the defence industry by October. Anwar said both parties also exchanged views on preparations for the 2025 Asia-Pacific Economic Cooperation (APEC) Economic Leaders' Summit, which will be held in Gyeongju, South Korea, from Oct 31-Nov 1, the third time the country has hosted the summit after 1991 and 2005. 'Malaysia supports Korea's leadership in this summit to drive a progressive and inclusive regional agenda,' he said. Anwar also extended an invitation to South Korean President Lee Jae-myung to attend the 47th ASEAN Summit scheduled to be held in Kuala Lumpur this October. 'Malaysia remains committed to strengthening cooperation with Korea to achieve enduring regional peace and prosperity,' he said.


The Star
23-07-2025
- The Star
Man charged with laundering RM933k
SHAH ALAM: A Johor Immigration Department senior officer is facing five money laundering charges involving a total of RM933,295. Nas Suffian Nasrun, 41, pleaded not guilty to committing the offences between 2022 and 2024. He entered the plea before Sessions court judge Datuk Mohd Nasir Nordin after the charges were read to him. According to the first charge, Nas Suffian has directly engaged in money laundering transactions involving RM224,840, transferred from a man's account to his mother's bank account through 29 online transactions between Nov 1, 2023 and May 29, 2024. He is also accused of receiving RM297,600 in proceeds from unlawful activities, transferred from the same individual's bank account to his personal account through 29 transactions between Oct 19, 2022 and Aug 8, 2024. The man is also charged with transferring RM113,375 from his account to an account of another individual in 32 transactions between April 16, 2023 and Nov 2, 2023. The accused is also charged with transferring RM209,080 from the bank account of a company he operates to his personal account through 55 online transactions between July 29, 2022 and July 1, 2024. He is also accused of transferring RM88,400 from his mother's account to his own through 17 transactions between Nov 5, 2023 and Sept 23, 2024. All five offences are alleged to have been committed at two bank branches in Kota Damansara and Kajang. The first charge falls under Section 4(1)(a) of the Anti-Money Laundering, Anti-Terrorism Financing and Proceeds of Unlawful Activities Act 2001 (Act 613), while the remaining charges are under Section 4(1)(b) of the same Act. If found guilty, the accused can be jailed up to 15 years and fined at least five times the amount of the laundered money, the value of the proceeds from unlawful activities at the time the offence was committed, or RM5mil, whichever is higher. Deputy Public Prosecutor of the Malaysian Anti-Corruption Commission (MACC), Siti Amirah Muhammad Ali, proposed bail at RM800,000 with additional conditions imposed. However, lawyer Muhammad Zaim Rosli requested a lower amount, citing that his client has to support five school-going children, Bernama reported. The court then set bail at RM100,000 for all charges, with conditions, requiring the accused to report monthly to the MACC, surrender his passport and refrain from interfering with prosecution witnesses. The case will be mentioned on Sept 12. Bernama also reported that a security manager pleaded not guilty in the Kuantan Sessions court here to a charge of using a false document in a procurement process in 2022. Nur Mohamad Fariz Abu Bakar, 36, from Petaling Jaya, Selangor, entered the plea before judge Sazlina Safie. He is accused of using a forged quotation for RM29,000, dated Aug 26, 2022, as genuine in a procurement application to supply cleaning products to the Rubber Industry Smallholders Development Authority (Risda) in Pahang, Terengganu and Kelantan for one year. The offence allegedly took place at Risda Security and Services Sdn Bhd here on Aug 30, 2022. The charge, under Section 471 of the Penal Code and punishable under Section 465, carries a maximum sentence of two years' jail, a fine, or both, if convicted. During proceedings, Malaysian Anti-Corruption Commission (MACC) prosecuting officer Suriawani Abdul Rahim proposed bail at RM12,000 with one surety. However, the accused, who was unrepresented, requested a lower amount, saying that he was the sole breadwinner for his wife, three children and mother. The court set bail at RM5,000 with one surety and fixed Aug 25 for document submission and the appointment of a lawyer.


Sinar Daily
22-07-2025
- Sinar Daily
Senior immigration officer pleads not guilty to over RM900,000 money laundering charges
Nas Suffian Nasrun, 41, entered the plea before Judge Datuk Mohd Nasir Nordin after the charges were read to him separately. 22 Jul 2025 04:10pm The accused is facing a maximum 15-year prison term and a fine of not less than five times the amount of the laundered money, the value of the proceeds from unlawful activities at the time the offence was committed, or RM5 million, whichever is higher. Photo by Bernama Nas Suffian Nasrun, 41, entered the plea before Judge Datuk Mohd Nasir Nordin after the charges were read to him separately. SHAH ALAM - A Johor Immigration Department senior officer pleaded not guilty in the Sessions Court here today to five charges of involvement in money laundering activities totalling RM933,295 between 2022 and 2024. Nas Suffian Nasrun, 41, entered the plea before Judge Datuk Mohd Nasir Nordin after the charges were read to him separately. According to the first charge, Nas Suffian is accused of directly engaging in money laundering transactions involving RM224,840, transferred from a man's account to his mother's bank account through 29 online transactions between Nov 1, 2023 and May 29, 2024. He is also accused of receiving RM297,600 in proceeds from unlawful activities, transferred from the same individual's bank account to his personal account through 29 transactions between Oct 19, 2022 and Aug 8, 2024. The man is also charged with transferring RM113,375 from his account to an account of another individual in 32 transactions between April 16, 2023 and Nov 2, 2023. The accused is also charged with transferring RM209,080 from the bank account of a company he operates to his personal account through 55 online transactions between July 29, 2022 and July 1, 2024. Under the fifth charge, he is accused of transferring RM88,400 from his mother's account to his own through 17 transactions between Nov 5, 2023 and Sept 23, 2024. All five offences are alleged to have been committed at two bank branches in Kota Damansara and Kajang. The first charge is framed under Section 4(1)(a) of the Anti-Money Laundering, Anti-Terrorism Financing and Proceeds of Unlawful Activities Act 2001 (Act 613) and the remaining charges under Section 4(1)(b) of the same Act. The accused is facing a maximum 15-year prison term and a fine of not less than five times the amount of the laundered money, the value of the proceeds from unlawful activities at the time the offence was committed, or RM5 million, whichever is higher. Deputy Public Prosecutor of the Malaysian Anti-Corruption Commission (MACC), Siti Amirah Muhammad Ali, proposed bail at RM800,000 with additional conditions imposed. However, defence lawyer Muhammad Zaim Rosli requested a lower amount, citing that his client has to support five school-going children. The court then set bail at RM100,000 for all charges, with conditions, requiring the accused to report monthly to the MACC, surrender his passport and refrain from interfering with prosecution witnesses. The case has been fixed for mention on Sept 12. - BERNAMA senior immigration officer More Like This