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KUALA LUMPUR (September 25): Sapura Energy Bhd’s wholly-owned units have secured three new jobs and a contract extension valued at about RM815 million.

PETALING JAYA (Sept 24): The Merdeka PNB118 skyscraper coming up near Stadium Negara here will become an alternative location to Kuala Lumpur City Centre (KLCC), said its developer PNB Merdeka Ventures Sdn Bhd.

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).

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.

KUALA LUMPUR (Sept 24): Finance Minister Lim Guan Eng has urged developers to lower prices of homes as construction materials and services are exempted from the Sales and Service Tax (SST), or the government will review the waiver.

KUALA LUMPUR (Sept 24): To ease the burden of developers and bring down home prices, skilled foreign labour applying to extend their employment tenure need only pay 80% of the annual RM10,000 levy on foreign workers, said Finance Minister Lim Guan Eng today.

KUALA LUMPUR (Sept 24): Penang wants its elevated light rail transit (LRT) system and will not settle for a tram system.

PETALING JAYA (Sept 24): The government will continue to compensate highway concessionaires for not raising their toll fares as it seeks to fulfill its election promise of abolishing tolls, said special officer to the Finance Minister Tony Pua.

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.

Kimlun Corp Bhd (Sept 21, RM1.