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Govt should relax rules for e-hailing and taxi services, says IDEAS
KUALA LUMPUR: The government should relax the regulations for both e-hailing services and traditional taxi services as proposed rules would create significant new costs and barriers, says the Institute for Democracy and Economic Affairs (IDEAS).
Construction stocks surge
PETALING JAYA: Several construction stocks on Bursa Malaysia surged as uncertainties surrounding the billion ringgit light rail transit 3 (LRT3) project eased.
Final price of LRT3 reduced by 47% to RM16.63b, says Guan Eng
KUALA LUMPUR: The Cabinet has given the go-ahead for the continuation of the light rail transit (LRT) 3 project but the final cost has been reduced by 47% to RM16.63bil.
Short-term pain for Malaysian stock market as clean-up continues
KUALA LUMPUR: As the new Pakatan Harapan coalition-led federal government steps up to review the previous administration’s mega infrastructure projects, the failed 1Malaysia Development (1MDB) and other issues, the stock market is bearing the brunt.
Cutting out the wastage and layers
WITH a trillion ringgit of debt staring at us, every sen counts.
Amended SPAD Act to be enforced
EMPLOYEES of MyCar and several other e-hailing service providers attended a special briefing on the enforcement of the Land Public Transport Act (Amendment) 2017 at the Land Public Transport Commission (SPAD) headquarters.
Konsortium Transnasional’s liabilities exceed its assets
Auditors express concerns about transport company’s prospects
Konsortium Transnasional's liabilities exceed assets, say auditors
KUALA LUMPUR: Konsortium Transnasional Bhd (KTB) independent auditors, Messrs. Jamal, Amin & Partners have expressed concerns about the prospects as the current liabilities exceeded its current assets.
MyCC, SPAD to ensure e-hailing market remains competitive
KUALA LUMPUR: The Malaysia Competition Commission (MyCC) and Land Public Transport Commission (SPAD) will ensure that competition in e-hailing services will not be disrupted by the recent merger between Uber and Grab.
Vertice appoints ex-chief justice Arifin as new chairman
PETALING JAYA: Vertice Bhd, formerly known as Voir Holdings Bhd, has appointed former chief justice Tun Arifin Zakaria (pic) as its new non-executive independent chairman.
