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Malaysia 's car industry is dominated by two local manufacturers which are heavily supported by the government through National Car Policy e.g. trade barriers. These local manufacturers are Proton and Perodua. [2] These excise duties imposed on foreign manufactured cars have made them very expensive for consumers in Malaysia.
All Malaysian toll expressways are controlled-access highway and managed in the Build-Operate-Transfer (BOT) system. There are expressways in West Malaysia and East Malaysia, however, the former are better-connected. The North–South Expressway passes through all the major cities and conurbations in West Malaysia, such as Penang, Ipoh, the ...
Finance. A mortgage loan or simply mortgage ( / ˈmɔːrɡɪdʒ / ), in civil law jurisdictions known also as a hypothec loan, is a loan used either by purchasers of real property to raise funds to buy real estate, or by existing property owners to raise funds for any purpose while putting a lien on the property being mortgaged.
History. This urban monorail line was opened on 31 August 2003, with 11 stations running 8.6 km (5.3 mi) on two parallel elevated tracks. It connects the KL Sentral transport hub in the south and Titiwangsa in the north with the "Golden Triangle", a commercial, shopping, and entertainment area consisting of the Bukit Bintang area, and surrounded by Jalan Imbi, Jalan Bukit Bintang, Jalan Sultan ...
Vehicle registration plates of Malaysia. A standard Peninsular Malaysian number plate, registered in Penang and affixed on a dealership plate frame. Malaysian registration plates are displayed at the front and rear of all private and commercial motorised vehicles in Malaysia, as required by law.
Pay in lieu of notice. In United Kingdom labour law, payment in lieu of notice, or PILON, is a payment made to employees by an employer for a notice period that they have been told by the employer that they do not have to work. Employees dismissed for gross misconduct are not entitled to be paid their notice, unless stated otherwise within ...
A Japanese vehicle insurance policy issued by the Mitsui Sumitomo Insurance company. Vehicle insurance (also known as car insurance, motor insurance, or auto insurance) is insurance for cars, trucks, motorcycles, and other road vehicles. Its primary use is to provide financial protection against physical damage or bodily injury resulting from ...
Officially, demurrage is a form of liquidated damages for breaching the laytime as it is stated in the governing contract (the charter party). The demurrage sometimes causes a loss to the seller as it increases cost of the total freight. [3] The inverse of demurrage is despatch. If the charterer requires the use of the vessel for less time than ...
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