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Business 15 May 2018 | 12:36 PM Premium

ECRL spending comes under scrutiny

KUALA LUMPUR: The RM55bil East Coast Rail Link (ECRL) project is now under the spotlight with the top brass of Malaysia Rail Link, the company handling the project, been summoned to Putrajaya to explain financial details on the mega railway job to the new administration. It is learnt that so far that around RM10bil has been drawn down for the 688km railway project, while construction work progress stood at 13% as on March this year.

Business 18 May 2018 | 12:00 AM

Toll dilemma

PETALING JAYA: With the Government expected to make announcements on changes to toll charges on expressways, attention will be focused on the impact this may have on concessionaires and the national finances.

Business 19 May 2018 | 12:00 AM

ECRL – a Hobson’s choice

ALONG the old road towards Bentong from Bukit Tinggi, a large clearing with the sign of the East Coast Rail Link (ECRL) is visible. There is a batching plant, excavators, fabrication yard and workers’ quarters, among others, at the construction site.

Business 19 May 2018 | 12:00 AM

Stocks on a high

Politically-connected stocks dominate the share market this week

Business 19 May 2018 | 12:00 AM

Good riddance GST, hello again SST

The 40-year old sales and service tax is coming back after a three-year absence

Economy 21 May 2018 | 5:35 AM Premium

Daim indicates he will not stay beyond 100 days

KUALA LUMPUR: The chairman of the Council of Eminent Persons (CEP) Tun Daim Zainuddin wants to complete the task mandated to him and the council before the first 100 days of the new government and leave.

Construction 22 May 2018 | 12:00 AM

UOB Kay Hian downgrades construction to ‘market weight’

PETALING JAYA: UOB Kay Hian Malaysia Research has downgraded the construction sector to “market weight” for its lack of growth drivers. The brokerage put its “overweight” call on the building material sector under review.

Corporate News 22 May 2018 | 12:00 AM

Daim: I want to complete task before first 100 days and leave

KUALA LUMPUR: The chairman of the Council of Eminent Persons (CEP) Tun Daim Zainuddin wants to complete the task mandated to him and the council before the first 100 days of the new government and leave.

Corporate News 23 May 2018 | 7:48 AM

Provide factual statistics on Malaysia’s ongoing projects

KUALA LUMPUR: Financial statistics made available to the public and related to Malaysia’s ongoing projects, including the East Coast Rail Link (ECRL) must be factual, with no hiding the details, said Financial Services Professional Board (FSPB) Chairman, Tan Sri Mohd Munir Abdul Majid.

Corporate News 24 May 2018 | 12:00 AM

Munir: Provide factual statistics on Malaysia’s ongoing projects

KUALA LUMPUR: Financial statistics made available to the public and related to Malaysia’s ongoing projects, including the East Coast Rail Link (ECRL), must be factual, with no hiding of the details, said Financial Services Professional Board (FSPB) chairman, Tan Sri Mohd Munir Abdul Majid.