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Business

Residential property needs ‘realistic’ evaluation

PETALING JAYA: The Malaysian residential market needs to be evaluated with a more realistic approach to curb the rising overhang that’s being caused by the current demand-supply mismatch in the market.

Business

Home sales stabilising, Sime Property top pick, Maybank IB Research says

KUALA LUMPUR: Maybank Investment Bank Research views the demand-supply rebalancing in the property sector will take some time but home sales may have hit bottom already and should stablise in 2019.

Nation

ECRL may be re-launched July 25, says Loke

KUALA LUMPUR: The newly revived East Coast Rail Link (ECRL) project may be celebrated in a re-launch ceremony on July 25, says Transport Minister Anthony Loke.

Business

Consultants appointed for HSR project

PETALING JAYA: MyHSR Corp Sdn Bhd has appointed Minconsult Sdn Bhd and Ernst & Young as the technical advisory consultant (TAC) and commercial advisory consultant (CAC) respectively for the Kuala Lumpur-Singapore high speed rail (HSR) project.

Business

Minconsult, E&Y appointed consultants for KL-SG HSR

KUALA LUMPUR: MyHSR Corp Sdn Bhd has appointed Minconsult Sdn Bhd and Ernst & Young as the technical advisory consultant (TAC) and commercial advisory consultant (CAC) for the Kuala Lumpur-Singapore high speed rail project respectively.

Business

Dr M: Govt will conduct six-month study on RTS viability

KUALA LUMPUR (Bernama): The Government will conduct a six-month study on the Johor Baru-Singapore Rapid Transit System Link (RTS) project to determine whether it would be beneficial to the country, says Prime Minister Tun Dr Mahathir Mohamad.

Business

Trump cancels US$929m grant for California bullet train

SAN FRANCISCO: The Trump administration officially canceled $929 million in federal grants earmarked for California’s ambitious high-speed rail project, escalating tensions between the federal government and the most-populous US state.

Business

IJM, Sunway, WCT and Muhibbah in focus as construction outlook improves

KUALA LUMPUR: CIMB Equities Research sees the order book replenishment outlook for contractors across the board (on account of the reinstatement of cancelled/ deferred jobs) has greatly improved compared to a year ago.

Business

Wanted: Commercial consultant for KL-Singapore HSR project

KUALA LUMPUR: MyHSR Corp Sdn Bhd will call for a tender for the appointment of a commercial advisory consultant (CAC) for the KL-Singapore high speed rail (HSR) project review exercise today.