News about IT

KUALA LUMPUR (July 21): The proposed and impending Sales and Services Tax (SST) is more or less similar to what was previously implemented, but with some changes, tax analysts told The Edge recently.

KUALA LUMPUR (July 21): Iskandar Waterfront City Bhd (IWCity) announced that its parent firm, Iskandar Waterfront Holdings Sdn Bhd (IWH), has not submitted a fresh bid for projects related to the development of Bandar Malaysia, which was earlier touted to be worth RM160 billion in gross development value.

KUALA LUMPUR (July 21): Sunway Construction Group Bhd (SunCon) and Sunway REIT Management Sdn Bhd have mutually agreed to revise the provisional contract sum of an ongoing project in Penang from RM274 million to RM286 million due to additional scope of works.

KUALA LUMPUR (July 21): Ewein Bhd deputy chairman and group managing director Datuk Ewe Swee Kheng (pictured) recently spoke to The Edge where he said that that the group has weathered a storm over the past three years, and he believes the worst is over.

Cave-dwelling is just a pre-historic practice that could only be comfortable for the Flintstones.

  Just two weeks ago, Khalid Samad was sworn in as Federal Territories (FT) Minister, but he is already feeling the heat as a profuse number of unresolved issues await his decision and instructions.

KUALA LUMPUR (July 20): Former Prime Minister Datuk Seri Najib Razak (pictured) is well aware that the actual cost to build the 37km Light Rail Transit Line 3 (LRT3) is RM32 billion as he had been present at relevant meetings to discuss the project, Finance Minister Lim Guan Eng reiterated today.

PETALING JAYA: The market may have begun to show signs of improvement following the Malaysian General Elections, but it is still too early to cheer.

PETALING JAYA (July 20): Some roadside stall operators, armed with temporary licences, and support letters from politicians, have been found to have overstepped their bounds, reports The Star.

PETALING JAYA (July 20): Western Digital, which is shutting its facility at the Sungei Way Free Trade Industrial Zone down by the end of next year, said it has not decided if it will ell the 11-acre property.