Job cuts are rising but not yet alarming
KUALA LUMPUR: While reports of lay-offs by various companies in the past year have caused some anxiety in the job market, economists say they are not yet of alarming proportions.
Cheaper and faster to build BRT than MRT, says transport group
GEORGE TOWN (Jan 17): Cities are better off investing in a BRT (bus rapid transit) system than an MRT (mass rapid transit) system, especially when budget is a concern, said an international transport systems organisation director.
DONE DEAL: Serviced apartment, Glomac Damansara Residences, TTDI, KL
Sold for: RM780,000 (RM890 psf) Concluded by: Teoh Peng Peng (PEA1696) of Hartamas Real Estate Sdn Bhd (018-206 7122) When: September 2018 Noteworthy: ● Built-up: 876 sq ft ● 2 bedrooms, 2 bathrooms ● Partially furnished with kitchen cabinets, cooking hood and hob ● Comes with one car park bay ● Walking distance to the Taman Tun Dr Ismail MRT station Comprising two blocks of serviced apartments, Glomac Damansara Residences is the residential component of the integrated Glomac Damansara development, which comprises shopoffices, officeblocks and the Glo Damansara Mall.
14 SMRT employees injured by falling tree in Sembawang Park
SINGAPORE (Dec 20): A falling tree at Sembawang Park caused the roof of a pavilion to crash on a private Christmas party, injuring 14 SMRT employees.
MRT Corp CEO Shahril Mokhtar resigns
KUALA LUMPUR (Dec 17): Mass Rapid Transit Corporation Sdn Bhd (MRT Corp) chief executive officer (CEO) Datuk Sri Shahril Mokhtar will be stepping down from his post at the end of the year to pursue other career options.
Gamuda agrees MRT is 'too big, too early'
SHAH ALAM (Dec 6): Gamuda Bhd said it agrees with Prime Minister Tun Dr Mahathir Mohammad who said the costs involved for the Mass Rapid Transit (MRT) were too big for a project that will only see full ridership after 20- to 30 years.
MRT2 37% complete, on track to be completed by July 2021
KUALA LUMPUR (Nov 14): Klang Valley's second mass rapid transit line (MRT2) is more than 37% complete, and is on track for full completion by July 2021.
Help, the MRT station is leaking
PETALING JAYA (Nov 9): Is our maintenance culture failing us again? Many Klang Valleyites were over the moon when the MRT service was launched but reports are now flowing in about “defects”, “technical glitches” and “delays” at some stations.
Homes around MRT stations are beyond the reach of the M40 group, says Cent-GPS
PETALING JAYA (Oct 30): The prices of homes within a 1km radius surrounding the mass rapid transit (MRT) stations of the Sungai Buloh-Kajang MRT line (SBK-MRT) are unaffordable even for the M40 income group, according to the Centre for Governance and Political Studies (Cent-GPS).
Gamuda's MRT2 profit sacrifice preferable to contract termination, say analysts
KUALA LUMPUR (Oct 29): While the revised cost structure of the mass rapid transit Sungai Buloh-Serdang-Putrajaya Line (MRT2) project could result in only a marginal total earnings contribution, analysts believe Gamuda Bhd's sacrifice in its profit margin is still preferable to a contract termination.
