Raising OPR not an effective tool to strengthen ringgit, say economists
The last time Bank Negara Malaysia raised the OPR was in May, instituting a 25 bps hike to 3%, from 2.
I-Bhd collaborates with CelcomDigi for 5G fibre infrastructure in i-City, Shah Alam
This collaboration paves the way for I-Bhd to launch its latest five-dimensional edutainment facility with the latest immersive technology in i-City by December.
The REAL deal: Towards testing all buildings for quality
CIDB’s bid to elevate the quality of Malaysian buildings is laudable and a move in the right direction.
JKR targets to have 90% usage of building information modelling by 2025
Director-General of JKR, Datuk Ir Ahmad Redza Ghulam Rasool: JKR is unwavering in its commitment to BIM adaptation and together with our partners, JKR's initiatives are geared towards magnifying industry awareness and preparing Malaysia for the global stage of modern construction technology.
Ministry of Transport to negotiate continuation of Tebrau Shuttle service after RTS begins operations
Transport Minister Anthony Loke stated that according to the bilateral agreement between Malaysia and Singapore for the implementation of the RTS project, one of the agreed-upon conditions is the termination of the Tebrau Shuttle service six months after the RTS becomes operational.
Loke: Development of open payment system for Prasarana's rapid rail network to begin in March 2024
"If necessary, this system will continue to be developed by enabling the use of other payment modes such as QR code in the next phase of implementation.
MBAM, Rehda urge government to address supply chain disruption concerns caused by lorry drivers’ strike
The lorry drivers’ strike began on Oct 17 in states such as Kuala Lumpur, Johor, Melaka, Penang and Negeri Sembilan among others, in protest of the Road Transport Department's (JPJ's) enforcement operation of seizing overloaded lorries.
Gamuda on track to meet RM25b orderbook target, say analysts
Maybank Investment Bank Bhd (Maybank IB) said that Gamuda winning the contract to design and build the Kaohsiung Mass Rapid Transit (MRT) metropolitan line has lifted the group’s outstanding orderbook by 15% to RM23.
CLMT’s 3Q NPI jumps 53% to RM58 mil, pays 1.05 sen DPU
Distributable income for the quarter under review grew 29% to RM28.
Lawmaker questions cost discrepancy between five revived LRT3 stations and Penang LRT project
Bukit Bintang Member of Parliament Fong Kui Lun pointed out that the Penang LRT project, spanning 23 stations, is estimated to cost RM10 billion, while the five revived stations under LRT3 will cost RM4.
