KVDT2 rehabilitation to be completed in five years instead of seven
SERENDAH (Sept 3): The planned RM4.
PSC cut 'not temporary' - Anthony Loke
SERENDAH (Sept 3): Transport Minister Anthony Loke Siew Fook said today Malaysia's proposed passenger service charge (PSC) cut for international travellers flying beyond Asean from klia2 and other airports besides the Kuala Lumpur International Airport (KLIA), to RM50 from RM73 is "not temporary" because the Cabinet has decided on the matter.
Solar electricity cheaper to produce, Yeo says as LSS3 bid closes
KUALA LUMPUR (Sept 3): Malaysia will see a more competitive and diversified power generation mix as bidding under the third cycle of the Large-Scale Solar (LSS3) scheme shows that solar-based electricity generation is cheaper than gas-based power production, Energy, Technology, Science, Climate Change and Environment Minister Yeo Bee Yin said today.
S P Setia receives award for highest IBS score in Malaysia
KUALA LUMPUR (Sept 3): Setia Precast Sdn Bhd, a wholly-owned subsidiary of S P Setia Bhd, today received the highest-in-the-country Industrialised Building System (IBS) score of 93.
No affordable housing, no approvals
KUALA LUMPUR (Sep 3): The Selangor state government has decided to withhold the necessary approvals for developers who do not meet its affordable housing quota, in a bid to rein in defiant ones who delay the construction of affordable units in their projects.
REITs in favour
KUALA LUMPUR: Malaysia’s two biggest banks, Malayan Banking Bhd (Maybank) and CIMB Group Holdings Bhd, said last week they expect Bank Negara Malaysia to cut the overnight policy rate (OPR) by another 25 basis points (bps) by year end, reflecting rising expectations of one.
Report: Tunnel project may force homeowner to demolish living room
GEORGE TOWN (Sept 2): Mount Erskine residents homes will be affected by the proposed RM30mil underground tunnel project from the middle of Mount Erskine Road to Adventist Hospital in Burmah Road, and they want the project to be cancelled.
Kimlun: Tough conditions in construction market to persist
KUALA LUMPUR (Aug 31): The worst is not over for the construction sector – that is the view of Kimlun CEO and executive director Sim Tian Liang (pictured).
LBS Bina sets sights on 'higher price range' market
KUALA LUMPUR (Aug 31): LBS Bina is eyeing the launch of “properties in the higher price range” and is “confident that there will be demand in this segment”.
Sunway plans for more mall openings
KUALA LUMPUR (Aug 31): Sunway Group is planning to invest up to RM2.
