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.

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Johor Corp urges govt to expedite RTS development

JOHOR BAHRU (April 17): Johor Corp (JCorp), the southern state’s biggest state-owned enterprise, is urging the federal government to expedite the development of the Johor Bahru-Singapore rapid transit system (RTS) link, as the corporation spearheads the rejuvenation of the central business district (CBD) in the state’s capital city.

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Raise salaries to boost aggregate demand, MIER tells govt

KUALA LUMPUR (April 16): The government should focus on raising civil servants' salaries to boost domestic aggregate demand instead of being fixated on price levels when it comes to addressing the high cost of living, according to the Malaysian Institute of Economic Research (MIER).

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Tropicana responds to viral video of destruction at The Residences

  PETALING JAYA (April 16): Property developer, Tropicana Corporation Bhd has responded to the video going viral on social media which shows a man who is allegedly a representative of a unit owner at The Residences, Kuala Lumpur going on a trail of destruction to show his dissatisfaction with the unit.

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Inta Bina bids for Forest City contract

  Inta Bina Group Bhd, the building contractor was formed in 1987 as a family business, and became an indirect 60%-owned subsidiary of PJ Development Holdings Bhd in 1997, when the region was in the throes of the Asian financial crisis.

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