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I-Berhad’s Q1 earnings rise by 50%
KUALA LUMPUR: I-Berhad saw its earnings rise by 50% to RM15.36mil in its first quarter ended March 31, 2016, boosted by further sales in its property development segment.The sales, it said, was seen mostly from its existing projects such as i-SOHO, i-Suite, Liberty and Parisien Towers.The developer...
S’wak eyeing GST revenue to fund development plans
KUCHING: The Sarawak government could make a bid to retain the revenue from Goods and Services Tax (GST) collected in the state or have most of it redirected back to fund development.It wants a bigger share of the 6% tax collected from Sarawakians, given that its oil and gas income has declined by...
Ranau on alert after mudflows
BY STEPHANIE LEEKOTA KINABALU: Authorities are on the alert following heavy rain over Mount Kinabalu which triggered mudflows down the rivers that clogged up a water intake point in Ranau.After last year’s incident, where piles of logs jammed the Liwagu intake point and caused serious water...
China Railway system ‘safest in the world’
BY HO WAH FOONKUALA LUMPUR: The rail system developed by China is internationally recognised as the safest in the world, said general manager of China Railway Sheng Guangzu.“Our rail system is safe and reliable ... according to the UIC (International Union of Railways) based in France, China’s...
IOI to count on its diverse range of products
BY EUGENE MAHALINGAMIOI Properties Group Bhd chief operating officer Teh Chin Guan during a briefing on the companys 16Sierra project in Puchong. (filepic)Petaling jaya: IOI Properties Group Bhd (IOI Prop) expects earnings for its current financial year ending June 30 to match that of its previous...
Contractor stumbles upon pre-war bomb near Semenyih Sentral
PETALING JAYA: A contractor came across an old mortar bomb while carrying out drainage cleaning with a tractor in front of Semenyih Sentral near here.He was cleaning the area at about 1.30pm Tuesday when he discovered the pre-war bomb. He then brought it up using the backhoe of the tractor.It is...
RM92mil to upgrade KL’s flash flood mitigation system
ABOUT RM92mil will be spent to improve the flash flood mitigation system in Kuala Lumpur after thousands were affected by the May 12 incident.Federal Territories Deputy Minister Datuk Dr J. Loga Bala Mohan (pic) said the funds would be used to replace old pipes, install water pumps as well as...
The making of a green housing estate
(From left) Iwajib Group chief executive officer Adeline Quak Soo Bee, Quimson, Chew, Wong and Prasana at the planting of the feature tree to pledge for a greener OnePark, Taman Semenyih Idaman.IWAJIB Property Sdn Bhd pledged for greener grounds in One Park at Taman Semenyih Idaman with a tree...
DBKL to fine persons guilty of chopping down 88 trees in the city
CITY Hall has taken action against those responsible for felling 88 trees in the city since 2014.DBKL Landscape and Recreation Department spokesman said although there were more cases of illegal tree- felling, they often did not have enough evidence to take action against the culprits.“Most...
Residents fear 100 tagged trees in Jalan Jelatek will be felled to make way for highway project
BY VIJENTHI NAIRThese trees along Jalan Jelatek have been tagged for inventory purposes and will be assessed if they should be removed or transplanted.RESIDENTS along Jalan Jelatek fear that the canopy of trees lining the entrance to their homes will be chopped down in the name of development.The...