Development near Bukit Cerakah not on forest reserve land
PETALING JAYA (Feb 26): Shah Alam City Council (MBSA) has clarified that the plot of land near the Bukit Cerakah Forest Reserve in Shah Alam is not part of the forest reserve.
Wider profit margin lifts SunCon 4Q net profit by 26.6%, declares 3.5 sen dividend
KUALA LUMPUR (Feb 26): Wider profit margin helped to lift Sunway Construction Group Bhd’s (SunCon) earnings for the fourth quarter ended Dec 31, 2018 (4QFY18).
Econpile sees first quarterly loss since its listing
KUALA LUMPUR (Feb 26): Econpile Holdings Bhd — since its listing on Bursa Malaysia in 2014 — saw its first quarterly net loss of RM34.
Dr Mahathir: ECRL project to continue if price is right
KLANG (Feb 26): Prime Minister Tun Dr Mahathir Mohamad said yesterday that Malaysia will continue with the East Coast Rail Link (ECRL) project if the price is right.
Dr Mahathir: Too expensive to cancel all toll rates
KLANG (Feb 25): Prime Minister Tun Dr Mahathir Mohamad today said the government is taking the initiative to fulfil its election promise to abolish toll collection in stages with the introduction of the 'congestion charge', to encourage people to use highways during non-peak hours.
Carsome to move its HQ to luxury coworking space Colony@Mutiara Damansara
KUALA LUMPUR (Feb 25): Colony, the luxury co-working space and serviced office provider announced today that Carsome, Southeast Asia’s largest online used-car auction platform is moving its 150-person team to Colony@Mutiara Damansara in Petaling Jaya, Selangor.
Is the construction sector back in favour?
KUALA LUMPUR (Feb 25): The construction sector, the worst-performing sector in 2018 with the Bursa Malaysia Construction Index (KLCON) declining by more than 50% during the year, may now be seeing the light at the end of the tunnel.
A toll on highway concessionaires?
KUALA LUMPUR: The spotlight is on Gamuda Bhd and its peers which own highway concessions once again as the government is working on ways to honour its promise to abolish tolls in stages.
Stewart Labrooy: Government buildings' REIT will do very well
KUALA LUMPUR (Feb 21): Alpha REIT Managers Sdn Bhd chairman Datuk Stewart Labrooy said real estate investment trust (REIT) of government buildings would do very well, given the good location and quality of these assets.
Malaysians need to make more babies to fill up new homes
KUALA LUMPUR (Feb 21): Malaysia needs to have higher population growth to sustain the rate the country is injecting new housing supply into the market, said property consultancy firm Rahim & Co International Sdn Bhd director of research and strategic planning Sulaiman Saheh.
