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PETALING JAYA (June 18): A total of 59 houses, a police station and a bank had been damaged by a storm in North Seberang Perai yesterday, reported Bernama.

PETALING JAYA (June 18): China’s investors are still upbeat on Malaysia despite the government reviewing the East Coast Rail Line (ECRL) project which had been awarded to a Beijing-linked firm, said the republic’s ambassador to Malaysia Bai Tian.

KUALA LUMPUR (June 18): Chinese business magnate Jack Ma said today he is more confident of China-Malaysia trade relations after his meeting with Prime Minister Tun Dr Mahathir Mohamad this morning.

UPDATE: June 18, 7.

Scientex Bhd (June 14, RM6.

PETALING JAYA (June 18): Alibaba Group founder and executive chairman Jack Ma met Prime Minister Tun Dr Mahathir Mohamad in Putrajaya today.

Construction sector Maintain neutral: The ongoing reviews of public-sector infrastructure projects have raised uncertainties over the status of ongoing and planned infrastructure projects.

KUALA LUMPUR (June 18): China’s ambitious Belt and Road Initiative (BRI) could face another setback if the Malaysian government decides to scrap the 688km East Coast Rail Link (ECRL), according to Koh King Kee, head of the Belt and Road desk at Baker Tilly Malaysia.

PETALING JAYA (June 18): A significantly cheaper alternative to the Kuala Lumpur-Singapore high-speed rail (HSR) will cost RM20 billion – or just a fraction of the mega project’s cost, which has been variously cited as from RM60 billion to RM110 billion.

KUALA LUMPUR (June 18): Rubens Menin, Brazil’s leading low-income housing builder, has been named EY World Entrepreneur Of The Year (WEOY) 2018 at an awards ceremony held in Monaco’s Salle des Etoiles on Saturday night.