Household debt still 'elevated' at 82% of GDP, driven by residential property loans
KUALA LUMPUR (Sept 18) : The country’s household debt level remains high at an “elevated” 82.
Latest birth of cloned cat renews interest in pet cloning
The birth of "Garlic", a British shorthair, in Beijing has netizens abuzz with the news and pictures of the cute kitten being circulated online.
Update: High Court rejects AGC's appeal, upholds RM11.26m compensation to The Edge
KUALA LUMPUR (Aug 14): The High Court here has today agreed to award an additional RM500,000 in exemplary damages — in addition to its deputy registrar's earlier decision to award RM11.
Berjaya Land redesignates ED Syed Ali to CEO
KUALA LUMPUR (Aug 9): Berjaya Land Bhd (BLand) has redesignated its executive director (ED) Syed Ali Shahul Hameed as the company’s chief executive officer (CEO) effective yesterday.
ECRL committee shortlists 331 potential bidders for 4Q tender call
KUALA LUMPUR (Aug 2): A total of 331 out of 1,321 Malaysian construction companies have been shortlisted as potential tenderers for civil work packages of the planned RM44 billion 640-km East Coast Rail Link (ECRL), which is expected to link Kota Bharu to Putrajaya in about four hours, said project and asset owner Malaysia Rail Link Sdn Bhd (MRL).
MRL rubbishes claims that CCCC can claim assets, minerals under ECRL project
KUALA LUMPUR (April 24): The project and asset owner of the East Coast Rail Link (ECRL) project, Malaysian Rail Link Sdn Bhd (MRL), has dismissed allegations that China Communications Construction Company Ltd (CCCC) will be able to state their claim on assets, minerals or objects of interest during the construction of the 640km railway.
Malaysia Rail Link clarifies CCCC will not own ECRL assets
KUALA LUMPUR (April 18): Malaysia Rail Link Sdn Bhd (MRL) clarified yesterday that a proposed joint operations agreement between the company and China Communications Construction Company Ltd (CCCC) does not involve ceding any form of ownership of the East Coast Rail Link (ECRL) to its Chinese counterpart.
China will help shoulder ECRL’s operational risk
KUALA LUMPUR (April 16): Apart from reducing the East Coast Rail Link (ECRL) construction cost by RM21.
ECRL to proceed, cost reduced by RM21.5 bil
KUALA LUMPUR (April 12): Malaysia Rail Link Sdn Bhd (MRL) and China Communications Construction Co Ltd (CCCC) have signed a supplementary agreement pursuant to the East Coast Rail Link (ECRL) project, which will proceed at a lower cost of RM44 billion compared with its original cost of RM65.
Govt's appeal in The Edge suspension fixed for June 13
KUALA LUMPUR (March 26): The High Court fixed June 13 to hear the appeal filed by the government which was ordered to pay more than RM11.
