SST: Will property prices come down?

Following the abolishment of the Goods and Services Tax (GST), the Sales and Service Tax (SST) kicked off on Sept 1 promptly, but without a complete list of chargeable items, surprising many business operators and consumers.

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CCC-ECRL confirms staff lay-offs following suspension of ECRL project

KUALA LUMPUR (July 24): China Communications Construction (ECRL) Sdn Bhd (CCC-ECRL) has taken the necessary steps to rationalise its workforce in view of the finance ministry’s (MoF) instruction to suspend work on the 688km East Coast Rail Link (ECRL) project, according to its media statement yesterday.

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Trouble brewing at CCCC-George Kent JV, says report

KUALA LUMPUR (July 7): Things between China Communications Construction Co Ltd (CCCC) and its joint-venture (JV) partner George Kent (M) Bhd “is understood to be fraying at the seams because of issues” reported The Edge business weekly in its latest issue.

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ECRL suspension could delay retender phase

Construction sector Maintain underweight: According to The Edge Markets, East Coast Rail Link (ECRL) project owner Malaysia Rail Link Sdn Bhd (MRL) has ordered its main contractor, China Communications Construction Co Ltd (CCCC), to immediately suspend all ongoing works relating to the engineering, procurement, construction and commissioning scope of the ECRL.

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MRL instructs CCCC to suspend ECRL works on grounds of national interest

KUALA LUMPUR (July 4): The East Coast Rail Link (ECRL) project owner Malaysia Rail Link Sdn Bhd (MRL) has instructed its main contractor China Communications Construction Ltd (CCCC) to suspend all works under the engineering, procurement, construction and commissioning contract (EPCC) of the controversial ERCL project with immediate effect.

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