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KUALA LUMPUR (May 30): I-Bhd's net profit rose 16.

PETALING JAYA (May 30): The government has derailed yet another mega project — the latest casualty being the third mass rapid transit (MRT 3) line.

PETALING JAYA (May 30): The Kuala Lumpur bicycle lanes are safe for use, according to audits conducted by Pertubuhan Ikram Malaysia and Universiti Teknologi Malaysia (UTM), said Kuala Lumpur City Hall (DBKL) Civil Engineering and Urban Transportation Department director Abdul Hamid Surip.

KUALA LUMPUR (May 30): The government is mulling plans to construct a small island on an outcrop of rocks near the eastern entrance to the Straits of Singapore.

PETALING JAYA (May 30): Kuala Lumpur MPs hope to retrieve at least 10 plots of land that are still registered under the name of the Kuala Lumpur City Hall (DBKL) in the 64 parcels of land sold by DBKL under the purview of the former Federal Territories Minister Datuk Seri Tengku Adnan Tengku Mansor from 2013 to 2018.

PUTRAJAYA (May 30): The government is scrapping the third mass rapid transit line (MRT3) project, which is estimated to cost up to RM40 billion to build, Prime Minister Tun Dr Mahathir Mohamad said today.

KUALA LUMPUR (May 30): Malaysian Resources Corp Bhd (MRCB) shares fell 5.

KUALA LUMPUR (May 30): Gamuda Bhd shares fell 6.

KUALA LUMPUR (May 30): Prime Minister Tun Dr Mahathir Mohamad's move to scrap the Kuala Lumpur-Singapore high-speed rail (HSR) mega project came as a surprise to many and the fact that he did not consult the cabinet has raised concern, Malaysiakini reported today.

PETALING JAYA (May 30): The Sabah portion of the Pan Borneo Highway, which is estimated to cost the federal government RM12.