Absence of new infrastructure projects a dampener on construction sector, says RHB Research
Meanwhile, the potential reduction in project cost for the MRT3, from RM50.
Miti approves Tesla’s application to import battery electric vehicles into Malaysia
“We are pleased by Tesla’s decision to establish its presence in the electric vehicle ecosystem in Malaysia.
Revised Budget 2023: MBAM urges govt to commence MRT3 project to revive construction sector
“The MRT project is currently already at an advanced stage and should be implemented soonest.
Govt confident of reducing MRT3 costs to below RM45b, says Anwar
“This effort [to reduce the price] is in line with the renewed drive to improve governance, to reduce the procurement cost to achieve savings that can be shared for the benefit of the rakyat.
Putrajaya pledges continued financial support in strategic transport projects in 2023
These financial commitments, together with other commitments of projects under public private partnership (PPP) and private financing initiatives (PFI), will form part of the government’s RM97 billion development expenditure (DE) in 2023.
WCE shareholders give nod for disposal of 40% stake in RPSB to IJM Properties
Meanwhile IJM Properties, which currently own 60% in RPSB, will wholly-own the company as IJM seeks to commensurate Bandar Rimbayu, first launched in 2013, as a flagship township development.
Tropicana sells Chin Hin shares to its chairman Danny Tan for RM12.5m
Following the related-party transaction which took place on Feb 15, Desiran Realiti's shareholding in Chin Hin currently stands at 14.
Putrajaya yet to finalise approval for Kulim International Airport, says Transport Ministry
The Ministry of Transport (MOT) said the study on the National Airport Strategic Plan began in March last year and was expected to take 18 months to complete.
Govt plans to increase water pollution fine to RM10 mil, jail sentence to 15 years, says Nik Nazmi
Other amendments that the Ministry of Natural Resources, Environment and Climate Change planned under Act 655 are to list new offences that cause the closure of the water supply system, as well as to enable the water service licence holder to reclaim the restoration cost.
Tenaga targets to complete 50MW solar farm project in Bukit Selambau by end-2023
In total, TNB is currently operating two solar farms with 80MW power under the government-led LSS programme.
