Unsold homes reach new heights

  KUALA LUMPUR (Jan 29): The number of unsold homes in Malaysia has more than doubled, reaching a new high of 30,115 homes as at the third quarter of 2018 (3Q18).

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None the wiser over ECRL poser

KUALA LUMPUR (Jan 28): With slowing economic growth and mounting concern over RM1 trillion worth of public debts, conflicting statements over the weekend from two top Malaysian ministers over the fate of the RM81 billion East Coast Rail Link (ECRL) project have, worryingly, highlighted that there could be too many cooks in the proverbial kitchen of Malaysia’s financial and economic affairs.

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BN leaders have field day over Guan Eng-Azmin ECRL confusion

KUALA LUMPUR (Jan 26): In light of the “not being on the same wavelength” saga between Economic Affairs Minister Datuk Seri Azmin Ali and Finance Minister Lim Guan Eng over the status of the East Coast Rail Link (ECRL), former big wigs in the government are taking the opportunity to make some jokes at the expense of the two.

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EPCC contract with CCCC for ECRL project terminated, says source

KUALA LUMPUR (Jan 18): The government has terminated the engineering, procurement, construction and commissioning (EPCC) contract awarded to China contractor China Communications Construction Co Ltd (CCCC) for the RM81 billion East Coast Rail Link (ECRL) project, a source told theedgemarkets.

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