ECRL to proceed, cost reduced by RM21.5 bil

KUALA LUMPUR (April 12): Malaysia Rail Link Sdn Bhd (MRL) and China Communications Construction Co Ltd (CCCC) have signed a supplementary agreement pursuant to the East Coast Rail Link (ECRL) project, which will proceed at a lower cost of RM44 billion compared with its original cost of RM65.

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Apex court dismisses Najib's 3 appeals in SRC case

PUTRAJAYA (April 10): The Federal Court today unanimously dismissed ex-premier Datuk Seri Najib Razak's three appeals in relation to the seven criminal breach of trust, abuse of power and money laundering charges in the SRC International Sdn Bhd case.

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IWCity continues to rise on possible revival of mega projects

KUALA LUMPUR (April 8): Shares of Iskandar Waterfront City Bhd (IWCity) rose as much as 12% in active trades this morning, as positive sentiment over the possible revival of the East Coast Rail Link (ECRL) continues to improve sentiment surrounding mega projects in the country.

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