KLIA aerotrain expected to resume operations by first quarter of next year
The Kuala Lumpur International Airport (KLIA) aerotrain is expected to resume operations by the first quarter of 2025, according to Transport Minister Anthony Loke.
JAKS Resources partners with Chinese firm to bid for 500MWac solar PV plants under LSS5 programme
Construction and power utilities group JAKS Resources Bhd (KL:JAKS) has partnered with Shanghai-based China Power Engineering Consulting Group International Engineering Co Ltd (CPECC INT'L) to bid for the development of solar photovoltaic (PV) plants with a maximum aggregate capacity of 500 megawatt of alternating current (MWac), under the Energy Commission’s fifth Large Scale Solar (LSS5) programme.
Govt to co-finance Johor-Singapore Special Economic Zone infrastructure with private sector, says Rafizi
Development of the Johor-Singapore Special Economic Zone's (JS-SEZ) infrastructure will be co-financed by the government and the private sector, Economy Minister Rafizi Ramli said.
MRT Corp's accumulated losses hit RM57.6b while MRT1, MRT2 fail to meet ridership, frequency targets — AG's Report
The Mass Rapid Transit Line 1 (MRT1) and MRT2 have failed to meet their targets for daily ridership. They also failed to meet the targeted numbers of trains in operation, and peak-hour frequency, according to the 2024 Auditor General's Report.
River of Life fails to meet objectives after 13 years and nearly RM4 bil spent
The River of Life programme, which aims to rehabilitate and beautify the Klang and Gombak rivers, is behind schedule and will not be completed this year, according to the auditor general.
Feasibility study for Trans Borneo Railway project to begin next month
The feasibility study for the high-speed rail network connecting Sabah, Sarawak, Brunei, and Kalimantan, Indonesia, dubbed the Trans Borneo Railway project, is expected to begin next month, says Transport Minister Anthony Loke.
CCCC to share ECRL's operational risks with MRL
The main contractor of the East Coast Rail Link (ECRL), China Communications Construction Company Ltd (CCCC), is going to bear the operational risks of the rail together with its asset owner, Malaysia Rail Link Sdn Bhd (MRL).
Multi-lane free flow project still in negotiations, says works minister
Several stages need to be completed before a final decision can be made, Alexander said.
GDB bags RM866 mil contract from PNB-backed company for Shah Alam logistics hub
GDB Holdings Bhd (KL:GDB) has secured a contract worth RM865.66 million — nearly three times its market capitalisation of RM304.54 million — from an associate company of Permodalan Nasional Bhd (PNB) to build a logistics hub in Seksyen 15, Shah Alam.
Scientex's 3Q net profit grows 19% to RM130.5m, declares six sen dividend
Scientex Bhd's (KL:SCIENTX) net profit for the third quarter ended April 30, 2024 (3QFY2024) rose 18.9% year-on-year (y-o-y) to RM130.5 million, from RM109.8 million previously, driven by an 11% expansion in revenue.
