Malaysia to axe HSR
PETALING JAYA (May 28): Tun Dr Mahathir Mohamad has confirmed that the Kuala Lumpur-Singapore high speed-rail (HSR) will be cancelled, with the penalty likely to be around RM500 million, the prime minister told reporters today after a Parti Pribumi Bersatu Malaysia meeting.
Govt to find ways to lower payment to S'pore for dropping HSR
PETALING JAYA (May 26): The government will find out how it can reduce the amount of money it has to pay to Singapore if it needs to drop the Kuala Lumpur-Singapore high-speed rail (HSR) project, said Prime Minister Tun Dr Mahathir Mohamad.
Jack Ma to meet Tun M on DFTZ project
PETALING JAYA (May 25): Alibaba Group executive chairman Jack Ma (pictured) will be in Malaysia to meet Prime Minister Tun Dr Mahathir Mohamad “soon”, reported local Chinese daily Nanyang Siang Pau.
PM says to decide 'very soon' on Singapore-KL high-speed rail project
KUALA LUMPUR (May 23): The new Pakatan Harapan-led government would decide "very soon" on whether to continue with the Singapore-Kuala Lumpur high-speed rail project, Prime Minister Tun Dr Mahathir Mohamad said today.
Hektar REIT pays 2.3 sen DPU, 1Q NPI up 10%
KUALA LUMPUR (May 22): Hektar Real Estate Investment Trust (REIT)’s first quarter net property income (NPI) grew 9.
Cahya Mata Sarawak 1Q net profit up 50.7% to RM38.98m owing to OM Materials' turnaround
KUALA LUMPUR(May 15): Sarawak state infrastructure facilitator Cahya Mata Sarawak Bhd (CMSB) saw its net profit for the first quarter ended March 31, 2018 (1QFY18) surge 50.
MBAM hopes for better communication with new govt
PETALING JAYA (May 11): The Master Builders Association Malaysia (MBAM) is expecting better communication between construction companies and the Pakatan Harapan government to resolve issues faced by industry players, especially small-sized contractors, Bernama reported today.
Country Garden optimistic on economic growth despite new government
PETALING JAYA (May 11): The change in administration in Putrajaya does not impact Country Garden Malaysia’s optimistic view of Malaysia’s growth prospects as it believes economic development will remain as the common goal of all the rakyat.
Zahid: People will reject scrapping of ECRL
PETALING JAYA (April 4): The people will reject Tun Dr Mahathir Mohamad’s promise to stop the East Coast Rail Link (ECRL) project if the opposition coalition wins the 14th general elections, said Deputy Prime Minister Datuk Seri Dr Ahmad Zahid Hamidi (pictured).
