Author Archive: New Straits Times

rss feed

Author's Website

Medini 9 to open at end-May

Medini 9 to open at end-May

KUALA LUMPUR, May 3 (Bernama) – Medini Iskandar Malaysia Sdn Bhd (MIM) has received encouraging response for its premium office building, Medini 9, which is expected to open end-May. MIM Managing Director/Chief Executive Officer, Dr James Tee, said the construction of the 21-storey building was completed and the office space would be handed over to […]

May 3, 2018 | By | Reply More
Analyst optimistic with IHH's potential acquisition of India's Fortis

Analyst optimistic with IHH's potential acquisition of India's Fortis

KUALA LUMPUR: IHH Healthcare Bhd’s potential acquisition of Fortis Healthcare Ltd has very attractive prospect, however, at some point IHH needs to draw the line and just walk away if terms are not met. Public Investment Bank Bhd (PublicInvest) Research commend IHH’s price revision in its effort to remain competitive among the suitors, yet still […]

May 3, 2018 | By | Reply More
[Exclusive] 60 job packages of KL-Singapore HSR up for grabs

[Exclusive] 60 job packages of KL-Singapore HSR up for grabs

 KUALA LUMPUR: The Kuala Lumpur-Singapore high-speed rail (HSR) project will offer about 60 civil and design work packages along the 335km alignment from Kuala Lumpur to Iskandar Puteri. All civil works will be awarded to local contractors that have the required expertise. Of the total work packages, more than 40 per cent would be awarded […]

May 3, 2018 | By | Reply More
Kuala Lumpur-Singapore HSR project to create 7,000 jobs

Kuala Lumpur-Singapore HSR project to create 7,000 jobs

KUALA LUMPUR: The Kuala Lumpur-Singapore high-speed rail (HSR) project will create up to 70,000 jobs in the delivery of 60 work packages. The project will also create highly-skilled experts who will be in demand by rail projects locally and abroad. MyHSR Corp Sdn Bhd chief executive officer Datuk Mohd Nur Ismal Mohamed Kamal said the […]

May 3, 2018 | By | Reply More
Smaller companies to benefit as well, say PDPs

Smaller companies to benefit as well, say PDPs

KUALA LUMPUR:The Project Delivery Partners (PDPs) of the Kuala Lumpur-Singapore high-speed rail (HSR) project will ensure that smaller companies also benefit from the multi-billion ringgit infrastructure. “We will plan it in such a way that there will be opportunities for Bumiputera companies from classes G1 to G7,” said Datuk Seri Azmi Abdul Aziz, the newly-appointed […]

May 3, 2018 | By | Reply More
Smaller companies to benefit from KL-Singapore HSR projects, say PDPs

Smaller companies to benefit from KL-Singapore HSR projects, say PDPs

KUALA LUMPUR:The Project Delivery Partners (PDPs) of the Kuala Lumpur-Singapore high-speed rail (HSR) project will ensure that smaller companies also benefit from the multi-billion ringgit infrastructure. “We will plan it in such a way that there will be opportunities for Bumiputera companies from classes G1 to G7,” said Datuk Seri Azmi Abdul Aziz, the newly-appointed […]

May 3, 2018 | By | Reply More
'G1-G7 Bumi contractors can vie for KL-Singapore HSR packages'

'G1-G7 Bumi contractors can vie for KL-Singapore HSR packages'

KUALA LUMPUR: Bumiputera contractors are assured of well-spread work packages for the Kuala Lumpur-Singapore high-speed rail (HSR) project. Malaysian Resources Corp Bhd–Gamuda Bhd consortium director Datuk Azmi Mat Nor  said eligible Bumiputera contractors would still need to compete for the jobs. “The well-spread work packages will benefit all classes of contractors, from G1 to G7,” he said […]

May 3, 2018 | By | Reply More
Domestic manufacturing sector prospect remains bleak: Kenanga

Domestic manufacturing sector prospect remains bleak: Kenanga

KUALA LUMPUR: While manufacturing conditions appear to have improved globally, Kenanga Investment Bank Bhd expects a dreary outlook for the domestic manufacturing sector as exports appear to remain weak over the first quarter (Q1) 2018. “We also see the weaker April trade figures in hi-tech power houses, South Korea and Taiwan, as an indication that […]

May 3, 2018 | By | Reply More
China's Xiaomi submits HK filing, with big IPO expected

China's Xiaomi submits HK filing, with big IPO expected

SHANGHAI: Chinese smartphone maker Xiaomi has kicked off what is expected to be the world’s biggest initial public offering (IPO) of shares in years after it filed documents with Hong Kong’s stock exchange. Xiaomi submitted a heavily redacted filing to the Hong Kong exchange late on Wednesday laying out its financial details in what appeared […]

May 3, 2018 | By | Reply More
May 03: Bursa Malaysia easier at opening

May 03: Bursa Malaysia easier at opening

KUALA LUMPUR: Bursa Malaysia opened easier on Thursday in line with the weaker performance on Wall Street as the US Federal Reserve (Fed) keeps its interest rate unchanged and reaffirmed the outlook for more hikes this year. At 9.05 am, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) was down 1.36 points at 1,850.67 from […]

May 3, 2018 | By | Reply More