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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).
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.
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.
Auditors express concerns about transport company’s prospects
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.
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.
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.