News about ST

The job, awarded by Bayu Melati Sdn Bhd to Econpile’s wholly owned subsidiary Econpile (M) Sdn Bhd, is scheduled for completion within 12 months starting July 14.

Australia and New Zealand Banking Group (ANZ Research) in a note said BNM has historically only made back-to-back cuts during major shocks such as the Covid-19 pandemic or the Global Financial Crisis.

“While the domestic economy is on a strong footing, uncertainties surrounding external developments could affect Malaysia’s growth prospects,” BNM said.

Bina Puri Properties Sdn Bhd was served a petition in relation to unpaid taxes amounting to RM849,499, while Bina Puri Sdn Bhd (BPSB) received a separate petition over a larger tax sum of RM4.

The project covers the construction and completion of 1,004 apartment units, along with podium parking, commercial spaces, resident facilities and infrastructure works.

The lack of clarity on US trade policy also added to the pressure investors are facing just days away from the July 9 tariff deadline.

Transport Minister Anthony Loke said these incidents, while understandably inconvenient for passengers, actually demonstrate the integrity and reliability of the new aerotrain’s safety systems.

The two contracts follow four contracts worth RM145.

Kim Hin has been in the red since the financial year ended Dec 31, 2018.

Tengku Sulaiman, 69, was appointed as executive chairman in February 2003, before being re-designated as non-executive chairman in March 2005.