Penang BN youth seeks Chinese consulate-general's help over tunnel probe

GEORGE TOWN (Jan 26): The Penang Barisan Nasional (BN) Youth yesterday handed over a formal letter to the Chinese consulate- general in Penang, to seek help to contact representatives of the China Railway Construction Corpn (CRCC) to clarify matters over the undersea tunnel and three highway mega projects, Bernama reported yesterday.

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GE14 outcome won’t derail HSR, says HSBC

KUALA LUMPUR (Jan 23): Malaysia’s 14th general election’s (GE14) outcome is unlikely to affect the execution of rail projects such as the Kuala Lumpur-Singapore High-Speed Rail (KL-SG HSR), said HSBC Bank Malaysia Bhd chief executive officer Mukhtar Hussain.

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Berjaya Corp posts second straight quarterly loss in 2QFY18

KUALA LUMPUR (Dec 28): Berjaya Corp Bhd (BCorp), controlled by tycoon Tan Sri Vincent Tan, posted its second straight quarterly loss today, mainly due to provision for the impairment of a portion of the balance sales proceeds from the sale of the Great Mall of China project in China and the loss arising from the partial disposal of an associated company.

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