Crescendo Corp's 3Q net profit climbs to RM18m on higher property revenue
On a quarterly basis, the group’s net profit came in higher from RM4.
No discussion with Singapore yet on HSR project, says Loke
As of now, the Malaysian government has not initiated any discussions regarding the HSR with the Singapore government, even during the recent two-day Malaysia-Singapore Leaders' Retreat, according to Transport Minister Anthony Loke.
Additional RM4.7b allocated for LRT3 to serve multiple purposes, clarifies Loke
Transport Minister Anthony Loke stated that this includes the construction of five new stations, the acquisition of three sets of three-car trains to maintain service intervals, upgrading of the train depot, as well as other expenses involving independent checking engineers, project management and legal fees.
TA Securities sees Penang property market as prominent investment opportunity
“Despite the PSI project being scaled down by scrapping Island B and Island C, we are not overly disappointed as the local government still maintains its plan to develop Island A (Silicon Island) with more concrete details and a timeline.
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.
Construction of ECRL halfway through, says deputy transport minister
Hasbi also noted that the main contractor of ECRL, China Communications Construction Sdn Bhd, has appointed various local companies to support the construction of the project amounting to 2,785 companies comprising subcontractors, consultants, suppliers and service providers.
SCIB inks MOU to explore 'transport oriented development' in Jakarta
According to SCIB, the memorandum of understanding (MOU) signed between the two parties lays the groundwork for future cooperation between the parties on key aspects.
Govt aims to reopen closed roads in Klang Valley soon to ease traffic congestion, says Zahid
After chairing a Cabinet Committee meeting to address traffic jams on Tuesday (May 2), Deputy Prime Minister Datuk Seri Ahmad Zahid Hamidi told the press that local authorities in the Klang Valley have been instructed to identify all road closures due to roadworks and construction, and the information will be discussed in a technical committee meeting to be held in two weeks' time.
Loke: Returning KLIA as Skytrax’s top 10 airports a KPI for MAHB, MOT
KLIA was ranked 67th in Skytrax’s World’s Top 100 Airports 2023, behind Singapore’s Changi, which topped the list, but ahead of Thailand’s Bangkok Suvarnabhumi, which was in the 68th place.
Putrajaya pledges continued financial support in strategic transport projects in 2023
These financial commitments, together with other commitments of projects under public private partnership (PPP) and private financing initiatives (PFI), will form part of the government’s RM97 billion development expenditure (DE) in 2023.
