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Analyst Reports 21 Jul 2018 | 12:00 AM

Hidden costs much higher than actual project cost

CONSIDERING the fact that the real cost of the two rail projects that are being implemented has ballooned, it should not surprise anybody if the cost of completing the prestigious high-speed rail (HSR) project running between Kuala Lumpur and Singapore is more than RM100bil.

Corporate News 28 Aug 2017 | 7:50 AM

Scomi provides additional details on merger

KUALA LUMPUR: Scomi Group Bhd provided more details on Monday into its proposed merger with its subsidiaries Scomi Energy and Scomi Engineering, in response to a query by Bursa Malaysia on Aug 24, 2017.

Business 21 Jan 2017 | 12:00 AM

Short Position

QUITE a bit has happened in the stable of companies under Permodalan Nasional Bhd (PNB) since Tan Sri Abdul Wahid Omar took over on Aug 1 last year, the latest being the series of exercises involving UMW Holdings Bhd and its listed subsidiary UMW Oil and Gas Corp Bhd (UMW-OG), both PNB-related companies, and Ekuiti Nasional Bhd (Ekuinas) and its controlling stake in Icon Offshore Bhd as well as the sale of Orkim Sdn Bhd, which is owned by Ekuinas.

Economy 23 Dec 2016 | 12:00 AM

Govt may buy more LRT trains to ease congestion

KUALA LUMPUR: Second Finance Minister Datuk Johari Abdul Ghani said the government may invest in more trains on the light rail transit (LRT) lines to reduce congestion during peak hours.

Business 15 Nov 2016 | 8:09 AM

MRT fare starts at RM1

PETALING JAYA: Commuters can travel from as low as RM1 based on the cashless fare structure, once the first phase of MRT Sungai Buloh-Kajang (MRT SBK) is operational by next month.

Business 10 Sep 2016 | 12:00 AM

Connecting dots in cities

A COMMON feedback received from my human resource manager and interviewing managers, indicates that location is one of the prime factors being taken into consideration by potential candidates.

Corporate News 28 Jul 2016 | 9:17 AM

MRT trial runs to start in October

KUALA LUMPUR: Malaysians will get their first feel of the much anticipated Mass Rapid Transit (MRT) this October with the commencement of trial runs.

Corporate News 06 Oct 2014 | 12:00 AM

Taking the traffic ‘jam’ out of KL

EVERY morning my wife drops me off at the train station. I grab a hot drink, find a seat and settle down for a good read.