Construction companies looking at stable concession income

PETALING JAYA (Nov 30): A reduction in infrastructure and property development jobs has a few construction companies looking at concession-type work which involves the building of specific facilities for the government, which then leases the facilities from the builders for a fixed term, The Edge reported today.

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Can one rate fit all?

HBA recognises the great diversity of mixed-use strata developments in Malaysia, with its many permutations of serviced apartments, medium-cost apartments, low- cost flats, office blocks, retail blocks, shopping mall, hotel, car parks and others.

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Ambrin: Govt very worried about 1MDB audit report

KUALA LUMPUR (Nov 28): Former Auditor-General Tan Sri Ambrin Buang had the impression that the government was "worried" about the final draft of the 1Malaysia Development Bhd (1MDB) audit report before it was presented to the parliament's Public Accounts Committee (PAC), the High Court heard today.

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