19 Jun '17, 8am

Proton-Geely deal is a commercial move, not “act of vengeance” as implied by Tun Mahathir… https://t.co/IxrTaYCqPW

1. Much has been said about the future of Proton as a result of its proposed partnership with Geely. This is rather premature as it is still too early to tell but the indicators are pointing towards a brighter future ahead given, the track record of Geely in reviving Volvo. However, what we do know is that without the RM1.5 billion soft loan by the Government in April 2016, Proton’s future would have been challenging – the welfare of its total direct and indirect 350 vendors and 60,000 employees would have been at stake. 2. The allegation that the Government has not disbursed the funds promised to Proton is baseless. From the total soft loan of RM1.5 billion, the Government has disbursed RM1.25 billion to Proton that was largely used to settle the outstanding payments to its vendors. The balance of RM250 million will be disbursed in about a week. Separately, as announced b...

Full article: https://paultan.org/2017/06/19/proton-geely-deal-is-a-com...

Tweets

Green Deal Finance Company restarts loan offer

Green Deal Finance Company restarts loan offer

businessgreen.com 19 Jun '17, 8am

The Green Deal Finance Company (GDFC) has today confirmed it has restarted financing loans through a number of select Gree...

Proton-Geely FSP deal in detail – what DRB-Hicom, Geely and the Malaysian government will… https://t.co/hH0AdWChrR

Proton-Geely FSP deal in detail – what DRB-Hico...

paultan.org 23 Jun '17, 10am

Now that the definitive agreement for the Proton-Geely partnership has been signed, DRB-Hicom has revealed more details ab...

Google Site Move With New URL Can Take 3 Months; Not 2 Weeks

Google Site Move With New URL Can Take 3 Months...

seroundtable.com 19 Jun '17, 11am

At SMX Advanced, Gary Illyes said that when you do a site move, so you get a brand new domain name and want to rebrand to ...

Malaysian opposition coalition's registration h...

channelnewsasia.com 20 Jun '17, 4am

KUALA LUMPUR: The formal registration of Malaysia's opposition coalition is allegedly being held up by disagreements over ...

Proton to act like Skoda, Geely as Volkswagen –...

paultan.org 23 Jun '17, 6am

There won't be any conflict in sales. But there will be lots of other conflicts in other areas. They most important confli...

Watch Chance the Rapper's New Twitter Commercial

Watch Chance the Rapper's New Twitter Commercial

hypebeast.com 19 Jun '17, 5pm

appears in a new commercial courtesy of Twitter . The social media application enlisted the Chicago artist for a short spo...

No plans to introduce Geely brand in ASEAN – Pr...

paultan.org 23 Jun '17, 10am

However, let’s not confuse brand for product. What the Geely chairman is discussing here is the usage of the right brand f...

Proton-Geely partnership – definitive agreement inked https://t.co/atFEUINZE3

Proton-Geely partnership – definitive agreement...

paultan.org 23 Jun '17, 4am

The Proton-Geely strategic partnership has officially begun. Earlier this morning, DRB-Hicom and Zhejiang Geely (ZGH) sign...

Geely Boyue SUV makes first Malaysian appearance

paultan.org 23 Jun '17, 3am

We are of course talking about the Geely Boyue, which has been previously confirmed as the first new Proton model in the G...

The Legacy of Tun Razak’s Oldest Son -Bakri Mus...

blog.limkitsiang.com 18 Jun '17, 9pm

The dismissive attitude of Malaysian officials to the latest US Department of Justice’s (DOJ) civil forfeiture lawsuit tar...

Sweden could move ahead this summer on trainer ...

defensenews.com 18 Jun '17, 10pm

PARIS – The Swedish Air Force is considering issuing a request for information or proposal this summer in its search for a...

Time to move to the moon, says Stephen Hawking

Time to move to the moon, says Stephen Hawking

treehugger.com 21 Jun '17, 10pm

Convinced that our time on Earth is short, the astrophysicist says we should (and could) hit the moon within 30 years. Tro...