China rail firms team up to bid for KL-S’pore high speed rail

PETALING JAYA (Dec 26): China Railway Corporation, the republic’s railway operator, will collaborate with China Railway Group Ltd, China Railway Construction Corp Ltd, China Communications Construction, CRRC Corp Ltd and other firms to bid for the Kuala Lumpur-Singapore high speed rail (HSR) project.

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PM wants probe on Felda’s Jln Semarak deal

KUALA LUMPUR (Dec 22): Prime Minister Datuk Seri Najib Razak wants to get to the bottom of the allegedly dubious ownership transfer of a RM270 million plot in Jalan Semarak which belonged to the Federal Land Development Authority (Felda).

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Developers’ margin woes to stay

KUALA LUMPUR (Dec 22): Property developers may need to brace for a sustained low-margin environment next year as they continue building new affordable homes that are expected to crimp their margins.

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