Dr Mahathir: ECRL project to continue if price is right
KLANG (Feb 26): Prime Minister Tun Dr Mahathir Mohamad said yesterday that Malaysia will continue with the East Coast Rail Link (ECRL) project if the price is right.
‘Infrastructure projects will provide buffer for economic slowdown’
KUALA LUMPUR (Feb 25): With Malaysia’s economic growth seen to moderate going into 2019, coupled with talks of a potential global recession, pump-priming could be one of the ways to support economic growth.
Is the construction sector back in favour?
KUALA LUMPUR (Feb 25): The construction sector, the worst-performing sector in 2018 with the Bursa Malaysia Construction Index (KLCON) declining by more than 50% during the year, may now be seeing the light at the end of the tunnel.
IWCity active, continues rally on possible revival of mega projects
KUALA LUMPUR (Feb 22): Shares in Iskandar Waterfront City Bhd (IWCity) continued to rise this morning on the back of talks of possible revival of the East Coast Rail Link (ECRL), which improved sentiment on Malaysia's mega projects currently under scrutiny.
IWCity up 26% as possible ECRL revival boosts sentiment on construction projects
KUALA LUMPUR (Feb 21): Shares of Iskandar Waterfront City Bhd (IWCity) jumped as much as 13 sen or 26.
ECRL discussions ongoing, hope for price reduction
KUALA LUMPUR (Feb 21): Discussions on the East Coast Rail Link (ECRL) project is still ongoing and details will be revealed soon, said Finance Minister Lim Guan Eng.
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China offered to reduce ECRL cost by nearly 50% - report
A report cites sources as saying that China offered to reduce the East Coast Rail Link (ECRL) project construction costs, as Prime Minister Mahathir Mohamad had, in the past stated that the Malaysian government does not have the funds to pay for the project.
MCA president Wee: ECRL cancellation will impact ties with Beijing
KUALA LUMPUR (Jan 30): Putrajaya’s ties with China will be harmed if the East Coast Rail Link (ECRL) is scrapped, warned MCA president Datuk Seri Wee Ka Siong (pictured).
Prioritise other issues in East Coast before building ECRL, says Jomo
KUALA LUMPUR (Jan 30): There are many other areas of concern for the government to consider in the East Coast region before deciding whether to build a multi-billion East Coast Rail Link (ECRL), said academic Jomo Kwame Sundaram (pictured).
Guan Eng: No statement on ECRL project until further notice
KUALA LUMPUR (Jan 29): Finance Minister Lim Guan Eng has met with Prime Minister Tun Dr Mahathir this morning and Prime Minister has suggested not to make any statement on the ECRL project status until further notice.
