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KUALA LUMPUR (July 19): Construction and property stocks have rebounded amid increasing likelihood that the Kuala Lumpur-Singapore High Speed Rail (HSR) project is only deferred and not cancelled.

Would you prefer to be surrounded by security barriers made of concrete and steel or living plants? No surprise if you chose the latter.

KUALA LUMPUR (July 19): Fajarbaru Builder Group Bhd is on the lookout for more opportunities in the Australian property market following its acquisition in April of 98 shares or 49% of Australian property development company, Beulah Northcote Land Pty Ltd.

KUALA LUMPUR (July 19): Council of Eminent Persons (CEP) chairman Tun Daim Zainuddin (pictured) is in China to try to renegotiate contracts entered into by the previous Barisan Nasional government with Chinese firms, said Tun Dr Mahathir Mohamad.

KUALA LUMPUR (Jul 19): The upcoming sales and services tax (SST) will only be imposed on 38% of the Consumer Price Index (CPI) basket of goods, as compared to 60% by the goods and services tax (GST).

KUALA LUMPUR (July 19): Putrajaya has conceded that the sales and services tax (SST) system is not as transparent as the goods and services tax (GST), but stressed that the former is able to reduce Malaysian consumption tax by half.

KUALA LUMPUR (July 19): Shares of property developer Hua Yang Bhd dipped 3.

KUALA LUMPUR: A ministry of finance (MoF) unit has cautioned China Communications Construction (ECRL) Sdn Bhd (CCC-ECRL), the main contractor of the suspended East Coast Rail Link (ECRL) project, against its rapid lay-offs following the suspension.

KUALA LUMPUR (July 18): Western Digital Corp is reported to be shutting down its hard disk drive (HDD) manufacturing facility in Petaling Jaya, Selangor by the end of next year, after over 20 years in operation.

PETALING JAYA (July 18): Two companies that had dealings with the East Coast Rail Line (ECRL), Multi-Product Pipeline (MPP) and Trans-Sabah Gas Pipeline (TSGP) were raided by the Malaysian Anti-Corruption Commission (MACC) this morning, sources told The Malaysian Insight.