At least 40% of ECRL civil works worth RM10b to be awarded to local firms

KUALA LUMPUR (Jan 6): East Coast Rail Link (ECRL) project owner Malaysia Rail Link Sdn Bhd (MRLSB) and main contractor China Communications Construction Co Ltd (CCCC) have reached an agreement for CCCC to appoint local subcontractors and suppliers for at least 40% of the civil works of the ECRL project excluding tunneling works.

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Alibaba founder Jack Ma suspected to be missing

BEIJING (Jan 5): Alibaba founder and Chinese tech billionaire Jack Ma is suspected to be missing after he didn’t turn up for the final episode of his own talent show, Africa’s Business Heroes, reported British publication The Telegraph.

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