Prasarana chief’s tenure may be cut short — sources

KUALA LUMPUR (July 26): Prasarana Malaysia Bhd president and group chief executive officer (CEO) Masnizam Hisham (pictured) may see her three-year tenure cut short as she is said to be leaving the company amid criticism from lawmakers that it had caused the cost of the light rail transit line 3 (LRT3) project to balloon.

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LRT3 cost may climb due to cuts

PETALING JAYA (July 24): Due to additional costs incurred by changes in design and delivery schedule of the project, contractors with work packages in the Light Rail Transit 3 (LRT3) project have said that they would seek compensation.

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Ideas: Malaysia needs to be ready for the property bubble to burst

KUALA LUMPUR (July 24): The Malaysian government needs to be ready for the nation's property bubble to burst and the risk that this could lead to an economic crisis, following spectacular growth in the high-end property segment, according to the Institute for Democracy and Economic Affairs (Ideas).

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