IWCity active, falls 6.17% on saying no fresh bid submitted for Bandar Malaysia projects
\KUALA LUMPUR (July 23): Iskandar Waterfront City Bhd (IWCity) fell 6.
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.
S’ngor’s first motorbike-only bridge to open in Oct
PETALING JAYA (July 23): Selangor’s first motorcycle-only bridge is scheduled to open in early October, reported The Star.
Seremban-Nilai-KL Sentral Komuter starts on Wednesday
KUALA LUMPUR (July 22): Good news for Seremban folk! The Seremban-Nilai-KL Sentral Komuter Express Service will begin operations on Wednesday (July 25).
Ex-PM Najib 'not entirely lying' on LRT3 figures, says DAP's Pua
KUALA LUMPUR (July 22): Damansara lawmaker and special officer to the finance minister Tony Pua revealed yesterday that ex-prime minister Datuk Seri Najib Abdul Razak (pictured) “not entirely lying” when he disputed Putrajaya's figures on the price tag of the LRT3 project, the Malaysiakini news portal reported yesterday.
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.
IWCity: IWH hasn’t submitted new Bandar Malaysia bid, unaware of reason for sharp rise in share price
KUALA LUMPUR (July 21): Iskandar Waterfront City Bhd (IWCity) announced that its parent firm, Iskandar Waterfront Holdings Sdn Bhd (IWH), has not submitted a fresh bid for projects related to the development of Bandar Malaysia, which was earlier touted to be worth RM160 billion in gross development value.
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.
