ASEAN members mostly will have abolished tariffs on each other’s products by 2015, as they form a competitive economic region with a single market and production base that is fully integrated into the global economy....More
The agreement ends Malaysian tariffs on Australian-built vehicles with engines larger than 2.0L. Tariffs on smaller vehicles will be phased out by 2016 and restrictions on import volumes will be lifted....More
Malaysian law compels buyer DRB-Hicom to make an offer to purchase all remaining Proton shares it does not presently own. This is preventing development work on five future Lotus models unveiled at the Paris auto show....More
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