Puspakom has announced that starting 25-July 2024, all customers must provide a Tax Identification Number (TIN) for all service transactions via MyPuspakom and at its branches nationwide. This new requirement aligns with the Inland Revenue Board’s (IRB) implementation of the forthcoming electronic invoicing (e-invoice) system, scheduled to begin in August 2024. "This step aims to streamline and enhance the national taxation system, promoting transparency in financial and tax matters," Puspakom s

Arvind

Jul 23, 2024

Singapore’s Land Transport Authority (LTA), the equivalent of the Road Transport Department (JPJ) of Malaysia, announced that registration of new diesel passenger cars and taxis will be discontinued from 1 January 2025. The cessation of new diesel cars in Singapore was first announced in 2021 as part of the city island state’s vision for all vehicles to run on cleaner energy by 2040. However, the new regulations do not cover diesel-powered commercial vehicles including vans, pickups, light truck

CY Foong

Jul 23, 2024

Making its Malaysian debut at a media preview back in January, the Jaecoo J8 is expected to be launched here in the second half of the year. While the J8 has design hallmarks of a Chinese Range Rover, it is sold in China as the Chery Tiggo 9 and the Chery Fulwin T10. The Fulwin sub-brand is one of the newest under Chery’s umbrella having been established in November 2023. It specializes in plug-in hybrid vehicles (PHEVs) and the Fulwin T10 is its latest model which will be launched on 25 July in

CY Foong

Jul 22, 2024

Hyundai Motor Company has commenced the local assembly (CKD) of its Hyundai Ioniq 6 BEV in Singapore. The Ioniq 6 now becomes the second Hyundai BEV to be assembled in the city-state at the Hyundai Motor Group Innovation Center Singapore (HMGICS) in Jurong, following the Ioniq 5 BEV, which began production in January 2023. Also read: Review: Hyundai Ioniq 6 Max AWD - There is a price for beauty, but is it too much? Dr Hyun Sung Park, CEO of HMGICS added, “Following the success and interest in th

Arvind

Jul 22, 2024

In line with the Philippines government's announcement of tax deduction on hybrids and plug-in hybrids (PHEVs), Toyota Motor Philippines and Lexus Philippines have announced new prices for their Japanese-produced hybrid models. The passage of Executive Order 62 sees a drop in tariffs on hybrids and PHEVs made in countries not covered by a free trade agreement. In the case of Toyota and Lexus, only hybrid models imported from Japan are seeing price reductions as hybrid models like the Corolla Cro

CY Foong

Jul 22, 2024