Advancecon secures RM21m subcontract from CCC-ECRL
The group’s 51%-owned indirect unit Spring Energy Sdn Bhd accepted the subcontract from CCC-ECRL on Wednesday for the construction and completion of subgrade works, Section 8 from CH518+388.
ACCCIM welcomes PM’s call to review affordable housing policy, says social housing is govt’s responsibility
“Social housing for rentals should become the social housing stock of the nation to provide transit housing for the incoming deserving households.
Housing Tribunal may now award above RM50,000 for same property but for different issues
The Federal Court decisively held that Section 16M of the HDA refers to “a claim”, and not to “all the claims” in respect of the monetary limit, and therefore, each split claim before the Tribunal should be assessed separately and distinctly from each other.
There must be political will to reduce property prices
House prices are still rising, albeit at a slow pace.
MCCC: MM2H new terms should be for new applicants, not existing participants
PETALING JAYA (Aug 13): Malaysia-China Chamber of Commerce (MCCC) has lauded the reactivation of the Malaysia My Second Home (MM2H) Programme but expressed reservation on the new stringent terms imposed.
CCC, not Partial CCC, is mandatory upon VP
The Federal Court has on January 19, 2021 ruled, in no uncertain terms, that there shall be only one certification i.
CCC-ECRL, MRL volunteer flood relief assistance efforts in East Coast states
KUALA LUMPUR (Jan 11): East Coast Rail Link (ECRL) project engineering, procurement, construction and commissioning contractor China Communications Construction (ECRL) Sdn Bhd (CCC-ECRL) and project owner Malaysia Rail Link Sdn Bhd (MRL) are taking proactive steps in providing assistance to flood-hit communities in the East Coast states.
At least 40% of ECRL civil works worth RM10b to be awarded to local firms
KUALA LUMPUR (Jan 6): East Coast Rail Link (ECRL) project owner Malaysia Rail Link Sdn Bhd (MRLSB) and main contractor China Communications Construction Co Ltd (CCCC) have reached an agreement for CCCC to appoint local subcontractors and suppliers for at least 40% of the civil works of the ECRL project excluding tunneling works.
Extending the Defects Liability Period (DLP) protection post-CCC
SCENARIO 1: Cindy is ready to buy a house, but having heard of plenty of abandoned housing projects in Malaysia, she did not want to take the risk of buying newly-launched or still-under-construction properties.
Businesses confident of surviving Covid-19 despite negative outlook this year, says ACCCIM
KUALA LUMPUR (Aug 6): The local Chinese business community remains gloomy on this year’s economic outlook, but over two-thirds of them feel they can survive the challenges brought about by the Covid-19 pandemic.
