ZADC
LRT 3 is on, but at lowered cost
FOLLOWING A COMPREHENSIVE REVIEW, THE LIGHT RAIL TRANSIT PROJECT WILL LIKELY BE BACK ON TRACK BY NOVEMBER Here’s the good news for commuters: the Light Rail Transit 3 (LRT3) project will probably be back on the cards by November. The bad news, however, is this decision comes after contractors... Read more
ECRL boon for IJM Corp, MRCB and Gamuda
CHINESE COMPANIES WON’T BE SOLE BENEFICIARIES OF RAIL PROJECT, SAYS PM CIMB Equities Research (CIMB Research) anticipates that Gamuda, IJM Corp and MRCB could emerge big winners from the upcoming East Coast Rail Link (ECRL) project. Also standing to gain, it says, are WCT Muhibbah Engineering and Lafarge, which... Read more
Signs of life in the second half
BY Chris Prasad After a subdued first half of the year, there are now indications that the second half might see greater market activity, particularly from developers that have thus far been sitting on the sidelines. Also timely is Bank Negara Malaysia’s (BNM) recent decision to cut the overnight... Read more
IJM, MRCB awarded MRT contracts of RM4.2b
  IJM Corp Bhd and Malaysian Resources Corp Bhd (MRCB) have been awarded package contracts by Mass Rapid Transit Corp Sdn Bhd (MRT Corp) for the construction of MRT Sungai Buloh-Serdang-Putrajaya (SSP) Line. The work packages are among four announced, which include two viaduct work packages and two systems... Read more
TODs offer a silver lining
BY Chris Prasad  A deteriorating economy has severely diminished the lustre of our once vibrant property market, and yet, the property gurus tell us that there are still pockets of opportunity available for those who are vigilant. However, the “buy now or you’ll regret it later” mantra is quickly... Read more