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MRT underground package on track

KUALA LUMPUR: The RM8.2bil Mass Rapid Transit (MRT) underground work package from Semantan in Damansara to Maluri in Cheras is 30% complete. MMC-Gamuda KVMRT (T) Sdn Bhd project director Satpal S Bhogal said the work progress included 9.5km tunnelling and seven underground stations.


Japan cabinet endorses ‘Abenomics’

TOKYO: Japan’s cabinet rubber-stamped a package of government reforms aimed at rebooting the economy, as Prime Minister Shinzo Abe readied to explain the measures to fellow G-8 leaders.


Does DIBS benefit buyers?

I RECENTLY went to a SOHO launch where the developer offered a 10% rebate and DIBS (developers’ interest-bearing scheme) package. With regards to the rebate, 10% of the selling price will be waived provided the sale and purchase agreement (SPA) is signed within a certain period.


Che Khalib to take over at helm of MMC from July 1

PETALING JAYA: Datuk Seri Che Khalib Mohamad Noh (pic) has been appointed MMC Corp Bhd group managing director, succeeding Datuk Hasni Harun whose contract is expiring on June 30.


Austria corruption crackdown spreading its net wide

VIENNA (Reuters) - Suspicions of bribery at Austria's central bank have dragged it into a nationwide crackdown on corruption that has shaken confidence in the country's highest ranks of power and prestige.


U.S. to increase military support to Syria rebels

WASHINGTON/BEIRUT (Reuters) - President Barack Obama has authorized sending U.S. weapons to Syrian rebels for the first time, a U.S. official said on Thursday after the White House said it has proof the Syrian government had used chemical weapons against opposition forces fighting to overthrow President Bashar al-Assad.


U.S. military options in Syria remain challenging

WASHINGTON (Reuters) - The Obama administration is promising to step up assistance to Syrian rebels after concluding Damascus used chemical weapons against opponents of President Bashar al-Assad, but the military options facing the United States are no easier than before.


Obama OKs sending some U.S. arms to Syrian rebels - source

WASHINGTON (Reuters) - President Barack Obama has authorized sending some U.S. weapons to Syrian rebels for the first time as a part of a new package of military support to the opposition in the fight to overthrow Syrian President Bashar al-Assad, a source close to the matter said on Thursday.


Latest project in Puchong located in one of area’s highest spots

LAMAN Granview, a project by IJM Land Bhd, features signature residences enveloped in serene greenery with state-of-the-art clubhouse facilities.


Najib jokingly apologises for ‘poaching’ Maybank chief

KUALA LUMPUR: The Prime Minister paid a humorous tribute to the country’s talent pool of financial sector experts when he apologised to Malayan Banking Bhd (Maybank) for “poaching” its president and chief executive officer to serve in his Cabinet.