ECRL good for east coast development, says Liow
Bentong (July 23): The East Coast Rail Link (ECRL) project is vital for the development of the east coast, said MCA president Datuk Seri Liow Tiong Lai, in urging the government to retain the project.
‘Govt can ease business cost while maintaining tax rate’
KUALA LUMPUR (July 23): Putrajaya may not have any leeway to cut the corporate tax rate in the short to medium term, but economists say there are other approaches it can consider to ease the cost of doing business.
Econpile sees flow of jobs returning to normal in a year
KUALA LUMPUR (July 23): Econpile Holdings Bhd, as with other construction companies, has been hit by the new government’s move to review mega infrastructure projects.
Specification changes led to LRT3 cost surge
KUALA LUMPUR (July 23): A chunk of the increase in costs for the light rail transit Line 3 (LRT3) project — from RM9 billion to RM31.
ECRL retrenched mostly unskilled workers, says report
KUALA LUMPUR (July 22): The bulk of the about 1,000 workers involved in work on the East Coast Rail Link (ECRL) mega project recently retrenched comprise unskilled daily paid labour, an industry source familiar with the matter told The Star.
Almost half of 2,000 ECRL staff laid off, mostly Malaysians, says report
KUALA LUMPUR (July 21): As the fate of the East Coast Rail Link (ECRL) mega project hangs in the balance, reports are now coming in that there have been significant retrenchments of local workers.
Proposed SST ‘more or less similar’ to what was previously implemented, say analysts
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.
PM: Big-ticket items that 'generate wealth' should be SST-exempted
KUALA LUMPUR (July 21): Prime Minister Tun Dr Mahathir Mohamad (pictured) is of the opinion that big-ticket items that can “generate wealth” for the country should be exempted from the impending sales and services tax (SST).
SunCon and Sunway REIT agree to contract revision to RM286m
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.
Pan Borneo Highway contracts to be honoured, says report
KUALA LUMPUR (July 21): Putrajaya will honour all contracts linked to the RM29 billion, 2,325km Pan Borneo Highway mega project even as the government endeavours to shave the price tag, Works Minister Baru Bian (pictured) told The Edge recently.
