News about i

KUALA LUMPUR (June 6): The Malaysia retail industry recorded a below-than-expected growth rate of 2.

KUALA LUMPUR (June 6): Ekovest Bhd shares fell 2.

PETALING JAYA (June 6): If the government plans to terminate the East Coast Rail Link (ECRL) project, it will have to pay about RM22 billion in compensation and penalty charges, reported The Malaysian Insight.

Construction sector Maintain neutral: The Kuala Lumpur Construction Index plunged 26.

KUALA LUMPUR (June 6): AWC Bhd said it will proceed with the completion of its proposed acquisition of a 60% stake in Trackwork & Supplies Sdn Bhd for RM43.

KUALA LUMPUR (June 6): Ekovest Bhd’s joint-venture (JV) agreement with Samling Resources Sdn Bhd to jointly undertake the development and upgrading of the Pan Borneo Highway (pictured) in the state of Sarawak — Phase 1 for work package contract WPC-02 (Semantan to Sg Moyan Bridge and KSR Interchanges) — with a total contract value of RM2.

KUALA LUMPUR: Bank Negara Malaysia (BNM) governor Tan Sri Muhammad Ibrahim is expected to resign and former BNM deputy governor Datuk Nor Shamsiah Mohd Yunus is a likely replacement, according to sources.

KUALA LUMPUR (June 5): Bina Puri Holdings Bhd is set to launch two projects worth RM500 million this year, said group executive director Datuk Matthew Tee.

KUALA LUMPUR (June 5): Bank Negara Malaysia (BNM) declined to comment on strong market talk that governor Tan Sri Muhammad Ibrahim (pictured) has submitted his resignation.

JOHOR BAHRU (June 5): One man’s meat is another’s man’s poison.