Selangor Dredging shifts focus to Singapore with RM1.5b property launches
KUALA LUMPUR (Aug 30): Selangor Dredging Bhd will shift its focus to the Singapore property market due to an oversupply in the Malaysian residential real estate segment.
Mahathir's public vagueness over China-backed mega-projects a face-saving move for Beijing, said report
PETALING JAYA (Aug 29): Prime Minister Tun Dr Mahathir Mohamad's public vagueness over the fate of massive China-funded infrastructure projects in Malaysia is meant to help a beleaguered Beijing pummelled by criticisms over its Belt and Road Initiative save its face, reported the South China Morning Post (SCMP).
IOI Properties 4Q profit down 21.3% to RM264.99m
KUALA LUMPUR (Aug 28): IOI Properties Group Bhd’s fourth-quarter (4Q) net profit dropped 21.
Reports say Singapore has not agreed to defer HSR
KUALA LUMPUR (August 25): Singapore has not yet agreed to defer the Kuala Lumpur-Singapore High Speed Rail (HSR) project, reported the Straits Times.
ECRL and HSR cost too much, mean too little — Liew Chin Tong
KUALA LUMPUR (Aug 23): The Kuala Lumpur-Singapore High Speed Rail (HSR) and the East Coast Rail Link (ECRL) projects cost too much and mean very little to Malaysia in terms of connectivity and regional strategy, according to Deputy Defense Minister Liew Chin Tong.
Malaysia and Singapore clash over hawker food culture
PETALING JAYA (August 23): Singapore’s bid to add their hawker culture to Unesco’s Representative List of the Intangible Cultural Heritage of Humanity has caused some backlash amongst Malaysians.
Privatisation of KL-S'pore HSR not an option, says Azmin
KUALA LUMPUR (Aug 16): Privatisation of the RM110 billion Kuala Lumpur-Singapore High Speed Rail (HSR) project is not among the options presented to the Singapore government, said Economic Affairs Minister Datuk Seri Azmin Ali.
Damansara Realty slips into the red in 2Q as sales cost, opex weigh
KUALA LUMPUR (Aug 16): Damansara Realty Bhd slipped into the red in the second quarter ended June 30, 2018 (2QFY18) despite higher revenue, mainly due to higher cost of sales and operating expenses.
Singapore confirms Jho Low's private jet location
SINGAPORE (August 14): An aircraft linked to an investigation into 1MDB is parked at the city-state's Seletar Airport, said Singapore police today, according to Reuters.
Govt zeroing in on Jho Low's private plane
KUALA LUMPUR (Aug 12): They are going after his stuff both in the high seas and in the skies.
