Liow explains big jump in ECRL’s estimated cost

KUALA LUMPUR (Nov 15): Transport Minister Datuk Seri Liow Tiong Lai (pictured) has cited a change in alignment, a longer tunnel link and the weak ringgit as the reasons for the cost of for the East Coast Rail Link (ECRL) project jumping to RM55 billion from RM29 billion as estimated by a consulting engineering firm previously.

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Penang has lost Pulau Jerejak ownership, says Teng

GEORGE TOWN (Nov 15): Penang has totally lost the ownership of Pulau Jerejak after Penang Development Corp (PDC) sold its 49% ownership in Tropical Island Resort Sdn Bhd (TIRSB) to Ideal Properties subsidiary, Q Island Development.

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Epic Residence to be completed in April 2017

PETALING JAYA (Nov 15): Bukit Hitam Development Sdn Bhd’s Epic Residence serviced apartment development in its Bukit Puchong township is scheduled for completion in April 2017, the developer said in a statement.

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