KUALA LUMPUR (March 4): As the name suggests, the congestion tax proposed by the government can benefit Malaysians by reducing overcrowding on roads, while improving the quality of life for millions of city dwellers once implemented.
PETALING JAYA (March 2): The planned state highway takeover of concessions owned by Gamuda Bhd has some observers saying that it is a step in the right direction for the Pakatan Harapan government in fulfilling promises from their election manifesto.
CYBERJAYA (March 1): A study on the proposal to take over other toll concession companies throughout the country is expected to be completed in two to three months, says Finance Minister Lim Guan Eng.
KUALA LUMPUR (Feb 26): The acquisition of four existing highways from Gamuda Bhd will save the government RM5.
KUALA LUMPUR (Feb 26): Shares of Gamuda Bhd regained some lost ground this morning after the company said it would ensure any takeover of its highway concessions is in line with "market valuation norms and practices".
KUALA LUMPUR (Feb 26): Gamuda Bhd has pledged to ensure that any takeover of its highway concessions is in line with “market valuation norms and practices”.
LANGKAWI (Feb 25): Prime Minister Tun Dr Mahathir Mohamad (pictured) said the takeover of highway concessions would be done according to the government's capability.
KUALA LUMPUR (Feb 25): Gamuda Bhd shares fell 12.
KUALA LUMPUR (Feb 25): Economic Affairs Minister Datuk Seri Mohamed Azmin Ali (pictured) gave his assurance the government’s move to take over the concessions of four highways to reduce transportation costs, will not affect other projects involving the people’s interests.