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Klang Valley Double Track 2 rail set to kick off
PETALING JAYA: The second phase of the Klang Valley Double Track (KVDT) rail upgrade is expected to kick off this month, beginning with the appointment of a new consultant for the project, sources say.
BMW faces criminal probe in South Korea over engine fires
SEOUL: BMW AG is facing a criminal probe in South Korea after investigators concluded the manufacturer concealed fire hazards and delayed recalls for a problem that has dented sales and its reputation in the Asian country.
Outlook for ports in Johor seen bright on Iskandar Malaysia development
JOHOR BARU: The prospects of port operations in Johor are bright in the coming years with progress and development taking place in the southernmost part of the state.
CIMB Research retains hold for MAHB, AirAsia over new aviation strategy
KUALA LUMPUR: CIMB Equities Research is retaining its Hold call for Malaysia Airports Holdings Bhd (MAHB) and low-cost carrier AirAsia with target prices at RM9.24 and RM3.56 respectively following the latest development in the aviation industry.
Telecom sector 'neutral', Construction 'neutral', Serba Dinamik 'outperform'
CGS CIMB stays “neutral” on the telecom sector. It noted that during the June to August 2018 quarter, postpaid market activities were largely quiet. U-Mobile (UM) raised its brand’s visibility with a new RM50 per month unlimited plan.
Short-term pain for general insurance companies
But discounts for drivers will benefit industry in longer term, says PIAM
Hazlan appointed to helm Prasarana
PETALING JAYA: Datuk Mohamed Hazlan Mohamed Hussain has been appointed as the new president and chief executive of Prasarana Malaysia Bhd, replacing Masnizam Hisham, whose term was cut short.
Greater transparency in public infrastructure projects needed
NOW that everyone’s focus is finally off Pakatan Harapan’s 100-day promises, perhaps it is an opportune time to set the stage for the next phase of economic growth for the nation with focus on people’s well-being in terms of income and jobs as well as ensuring the nation is not only able to achieve a balanced budget but reducing the country’s trillion-ringgit debt.
Atlantia investors see major losses with road concession at risk
MILAN: Atlantia SpA investors faced dramatic losses as bond-price declines accelerated and the stock failed to open after the Italian government began the process of revoking its toll-road concession in the wake of a tragic bridge collapse.
