Penang tunnel probe: 'Datuks' released on bail

PUTRAJAYA (Jan 19): The two “Datuks” held by the Malaysian Anti-Corruption Commission (MACC) (pictured) to assist investigations into alleged corruption over the Penang undersea tunnel project were released on bail today, Bernama reported.

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Danger of oversupply of affordable housing?

KUALA LUMPUR (Jan 17): The government should ensure that the many affordable housing schemes by various federal and state agencies will not create an oversupply of affordable homes in the market, said CBRE|WTW Malaysia.

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Eversendai bags two contracts worth RM272m for structural steel works

KUALA LUMPUR (Jan 17): Eversendai Corp Bhd, through its wholly-owned subsidiary Eversendai Engineering LLC Dubai (EVS DUBAI), has bagged two contracts worth RM272 million for the structural steel works for One Za'abeel mix-used development and the Address Tower Residence IL Primo luxury high end residential tower.

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CIMB Research optimistic on YTL Corp securing HSR contract

KUALA LUMPUR (Jan 17): Following YTL Corp Bhd emerging as one of the five known joint venture (JV) consortiums bidding for the project delivery partner (PDP), operating company (OpCo) and assets company (AssetsCo) tenders for the Kuala Lumpur-Singapore high-speed rail (HSR), CIMB Research views this positively as it could increase its chances of securing an HSR contract.

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JB-S’pore rapid transit system to start by Dec 31, 2024

PETALING JAYA (Jan 16): The Johor Bahru-Singapore rapid transit system (RTS) link passenger service is targeted to commence operation by Dec 31, 2024, according to a joint statement by the prime ministers of Malaysia and Singapore at the 8th Singapore-Malaysia Leader’s Retreat today.

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