News about EC

PETALING JAYA (Oct 5): The Malay Economic Action Council (MTEM) has urged the Johor government to ignore a suggestion to do away with bumiputera quotas and discounts for properties priced above RM1 million, reported The Malaysian Insight.

PETALING JAYA (October 5): The Malay Economic Action Council (MTEM) has said China companies must develop smart partnerships with locals in Malaysia.

KOTA BHARU (October 4): The Cabinet discussed the East Coast Railway Line (ECRL) project briefly yesterday and Prime Minister Tun Dr Mahathir Mohamad asked to be given a little more time to look into the suitability of the project.

Construction sector Maintain neutral: The outlook for the construction sector remains challenging as the federal government is reviewing ongoing infrastructure projects to reduce costs by 20%-33%.

KUALA LUMPUR (Oct 1): The Pakatan Harapan (PH) government in Putrajaya will not cancel all directly negotiated public-private partnership (PPP) projects undertaken by the previous administration, Finance Minister Lim Guan Eng assured today.

KUALA LUMPUR (October 1): Property developers acknowledge that unbilled sales are on the decline but say the situation is not so bad and they are still able to record decent earnings.

After going through the tedious home-buying process which involves a lot of calls, meetings and paperwork, you finally get the keys to your new home — hooray! Now you have another thing to contend with — furnishing and decorating your dwelling before you move in.

Pestech International Bhd (Sept 26, RM1.

KUALA LUMPUR (September 27): RAM Ratings has downgraded the long-term rating of MRCB Southern Link Bhd’s RM845 million senior sukuk to C1 from BB3 on heightened default risk following the abolishment of toll collections at the Eastern Dispersal Link (EDL) which is being taken over by the government.

KUALA LUMPUR (Sept 26): Cahya Mata Sarawak Bhd (CMSB) has appointed Tan Sri Abdul Rashid Abdul Manaf as its independent and non-executive group chairman effective Oct 1.