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DRB-HICOM wants to hand back rail project
DRB-HICOM Bhd claims it has not been paid for work done on the Rawang-Ipoh electrified double tracking project and had discussed with the Government about six months ago on surrendering the project.
Normal dues paid to DRB-HICOM
THE Government has made all the normal payments due to DRB-HICOM Bhd, the former main contractor for the Rawang-Ipoh electrified double tracking project, Second Finance Minister Tan Sri Nor Mohamed Yakcop said.
Mitrajaya hopes to start work on airport this year
MITRAJAYA Holdings Bhd hopes the RM119.58mil Tioman airport project will take off this year, said managing director Tan Eng Piow.
UEM Builders takes over electrified rail job
UEM Builders Bhd's wholly owned subsidiary, UEM Construction Sdn Bhd will take over and lead the electrified double-tracking Rawang-Ipoh rail project for an interim period commencing yesterday.
Union of Taiwan's telecom firm puts off strike against privatization plan
The labor union of Taiwan's state-controlled telecommunication firm on Thursday called off a scheduled strike after the government put off a plan to sell part of the company's shares in the United States.
AirAsia puts fuel surcharge plan on hold
AIRASIA Bhd has put on hold its plan to impose fuel surcharge pending the Government's decision on the rationalisation of domestic air services.
Calls to end Japanese ex-bureaucrats' migration to corporate posts
As the No. 2 at Japan's state-run highway agency, the unidentified bureaucrat wielded enormous power over the country's major road-builders.
Government ends DRB-HICOM’s rail contract
THE Transport Ministry has announced that DRB-HICOM Bhd's contract for the construction of the Rawang-Ipoh electrified double-tracking project would be officially terminated effective yesterday.
MAHB to woo more airlines from Europe
MALAYSIA Airports Holdings Bhd (MAHB) plans to attract more airlines from Europe and at least one from Australia to operate from KL International Airport (KLIA).
Analysts: Ports in for steady growth
MALAYSIAN ports are expected to enjoy steady growth, going forward, due to the growing global economy and demand for trade, analysts said. According to Mayban Research, local ports continued to register positive container throughput growth in the first quarter of the year, handling 2.8 million TEUs ( 20-ft equivalent units), a 4.4% increase compared with the same quarter last year.
