Malaysia gloves stocks turning bullish or bearish?
Anonymous Poll
31%
Bullish
25%
Bearish
47%
No changes
Malaysia’s government has tightened rules for fully imported electric vehicles (CBU EVs), starting July 1, 2026. The move comes after the expiry of the special EV import tax exemption scheme that had been in place since 2022.
Key new rules:
* Minimum CIF value (cost, insurance, freight): RM200,000
* Minimum motor output: 180kW and above
(previously 200kW)
What this means:
* Many affordable imported EVs may no longer qualify as CBU imports.
* Popular lower-to-mid priced imported EV brands could be affected, including BYD, Tesla, Chery, iCaur, and Zeekr.
* The government appears to be pushing automakers toward local assembly (CKD) instead of direct imports.
Likely impact:
* Imported EV prices could rise significantly because normal import duties, excise duties, and SST now apply again.
* Consumers may see fewer cheaper EV choices in Malaysia.
* Locally assembled EVs and national brands like Proton may benefit most.
————
Open malacca securities/ mplus cds account: https://bit.ly/openmplusaccountloh
Share Trader Telegram Channel: https://t.me/sharestraders
Key new rules:
* Minimum CIF value (cost, insurance, freight): RM200,000
* Minimum motor output: 180kW and above
(previously 200kW)
What this means:
* Many affordable imported EVs may no longer qualify as CBU imports.
* Popular lower-to-mid priced imported EV brands could be affected, including BYD, Tesla, Chery, iCaur, and Zeekr.
* The government appears to be pushing automakers toward local assembly (CKD) instead of direct imports.
Likely impact:
* Imported EV prices could rise significantly because normal import duties, excise duties, and SST now apply again.
* Consumers may see fewer cheaper EV choices in Malaysia.
* Locally assembled EVs and national brands like Proton may benefit most.
————
Open malacca securities/ mplus cds account: https://bit.ly/openmplusaccountloh
Share Trader Telegram Channel: https://t.me/sharestraders
Forwarded from Trade With Maybank
‼️ BREAKING: OPR MAINTAINED
BNM maintained Overnight Policy Rate (OPR) to 2.75%
BNM maintained Overnight Policy Rate (OPR) to 2.75%