Transport Ministry to sharply raise railway track utilisation rate to 80% by 2030
More rolling stocks will be needed to achieve the target, and the government is currently discussing its options and plans.
More rolling stocks will be needed to achieve the target, and the government is currently discussing its options and plans.
Bank Negara Malaysia (BNM) will most likely maintain the overnight policy rate (OPR) at 3% this year, and this stable and relatively low interest rate environment will free up capital for people to borrow, especially for things like property, said an economist at the CEO Series 2025 Economy & Business Forum.
SkyWorld Development Bhd is making “strategic entry” into the prefabricated manufacturing sector via a shareholders’ agreement with Singapore-based Teambuild Holding (S) Pte Ltd.
The previously terminated high-speed rail (HSR) project linking Kuala Lumpur and Singapore can only proceed with full participation from the private sector and minimal government funding, Transport Minister Anthony Loke Siew Fook reiterated on Monday.
The city recently welcomed another addition to its commercial skyline, The MET Corporate Towers (The MET) developed by Triterra.
Mitrajaya Holdings Bhd (KL:MITRA) said it has secured a RM375.5 million contract for the construction of a data centre in Kuala Lumpur.
Berjaya Corp Bhd (KL:BJCORP) remains committed to participating in the Kuala Lumpur-Singapore high-speed rail (HSR) project. However, the project’s progression depends on the government's decision-making process and financial conditions, said the group's founder Tan Sri Vincent Tan Chee Yioun.
The long-awaited transformation of Johor into a key investment hub is “finally happening” after a couple of “false dawns”, says Jefferies.
Malaysian stocks tied to the data centre investment theme face further downside risks, JPMorgan warned and downgraded Sunway Construction Group Bhd (KL:SUNCON) and Gamuda Bhd (KL:GAMUDA).
Malaysian construction stocks fell further on Friday, as investors further cut their exposure to data centre plays, amid lingering fallout from intensifying US controls on advanced chip exports.