Bina Puri cautious on FY18 construction biz outlook

KUALA LUMPUR (Sept 24): Bina Puri Holdings Bhd said it is cautious on the performance of its core construction business for the remaining months of its financial year ending Dec 31, 2018 (FY18), following the slew of changes to projects after the 14th general election (GE14).

READ MORE

Lim Guan Eng: No to foreigners-only townships

KUALA LUMPUR (Sept 24): Reiterating Prime Minister Tun Dr Mahathir Mohamad's stance, Finance Minister Lim Guan Eng emphasised that while Malaysia welcomed all foreign property investors, it was opposed to the construction of townships exclusively for foreigners.

READ MORE

It is confirmed, no cable car for Bukit Larut

IPOH (Sept 24): Talk resurfaced recently about the construction of a cable car service at the popular Bukit Larut, Perak but a state government official has reconfirmed that there are currently no plans for such a project.

READ MORE

CCCC open to ‘equity partnership’ in bid to rescue ECRL

BEIJING (Sept 24): The Chinese contractor of the controversial East Coast Rail Link (ECRL) is still hopeful of rescuing the project and has expressed its willingness to take up an equity stake in the ECRL if the project resumes, according to its management when met by Malaysian media in China on Saturday during a trip organised by the Chinese government.

READ MORE