News about ra

KUALA LUMPUR (May 31): The cancellation of the third mass rapid transit line (MRT3) has caught investors by surprise and subsequently precipitated another broad market meltdown, which had fallen by the biggest single-day drop since 2008, according to UOB Kay Hian Securities (M) Sdn Bhd.

KUALA LUMPUR (May 31): The RM40 billion third mass rapid transit project (MRT3) is “dead in its track” and the downturn in rail contracts has been set in motion, with up to RM100.

KUALA LUMPUR (May 31): Plantation and property conglomerate Hap Seng Consolidated Bhd is eyeing the launch of property developments with a gross development value (GDV) of approximately RM1.

PUTRAJAYA (May 31): The government is committed to the Johor Bahru-Singapore mass rapid transit (MRT) project, but will review its costs and terms and conditions, said Transport Minister Anthony Loke.

KUALA LUMPUR (May 31): The move to scrap the Kuala Lumpur-Singapore high-speed rail (HSR) “should not be seen as a move to spite Singapore”, according to analysts who spoke to the daily Today.

PETALING JAYA (May 31): Prime Minister Tun Dr Mahathir Mohamad has fired back at former premier Datuk Seri Najib Razak, saying that an investment of up to RM100 billion to create 100,000 jobs is “not very efficient”.

PETALING JAYA (May 30): Ampang PKR Youth leader Adam Rosly who faced graft accusations has denied that he is working for Housing and Local Government (KPKT) Minister Zuraida Kamaruddin, who is also Ampang MP and PKR Women’s chief.

PETALING JAYA (May 30): The recently-nixed Kuala Lumpur-Singapore high-speed rail (HSR) would have contributed RM650 billion in gross national income (GNI) by 2069 if it was implemented, said former prime minister Datuk Seri Najib Razak.

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.