News about AI

KUALA LUMPUR (Nov 7): Analysts have expressed mixed views on the proposal by Mass Rapid Transit Corp Sdn Bhd (MRT Corp) to call and invite construction and infrastructure firms to submit for a bid to build, on a turnkey basis, and finance the upcoming third mass rapid transit line (MRT3), estimated to cost around RM40 billion.

KUALA LUMPUR (Nov 7): Naim Indah Corp Bhd has ceased to be the project management consultant for Lagenda Erajuta Sdn Bhd’s Gateway Klang Project, due to a delay by Lagenda in obtaining approval for the land transfer and a change in the land usage status.

KUALA LUMPUR: While most Penang-based listed companies are little affected by the state’s worst-ever floods, a significant number of small and medium enterprises (SMEs) appear to have been badly hit, with an industry group estimating losses at about RM200 million.

\KUALA LUMPUR (Nov 7): Shares in Malaysia Building Society Bhd (MBSB) jumped 10.

KUALA LUMPUR (Nov 7): Eversendai Corp Bhd, which has bagged RM180 million worth of new projects, including a major offshore fabrication job from Saudi Aramco, anticipates the latter deal will open up new opportunities for the group in the oil and gas (O&G) segment.

KUALA LUMPUR (Nov 7): Malaysia Building Society Bhd (MBSB) is eyeing trade financing and money market opportunities now that it has inked a deal to acquire Asian Finance Bank (AFB) for RM644.

PETALING JAYA (Nov 5): A road leading to a housing area in Tanjung Bungah – where a landslide at a construction site claimed 11 lives – collapsed early this morning as it was buffeted by heavy rains, according to The News Straits Times.

KUALA LUMPUR (Nov 3): In a heated public dialogue session at Taman Tun Dr Ismail (TTDI), Federal Territories (FT) Minister Datuk Seri Utama Tengku Adnan Tengku Mansor has insisted that the proposed mega development comprising blocks of high-rise homes is not encroaching Taman Rimba Kiara (TRK).

Move over, office buildings — connected co-working space is the new beau of office workers.

KUALA LUMPUR (Nov 1): Legal action will be taken against developers found to have flouted the Environmental Impact Assessment (EIA) conditions and caused flash floods at the Federal Highway on Monday.