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Putin woos Asian investors in Russia’s Far East

VLADIVOSTOK, Sept 5 — President Vladimir Putin sought to lure Asian investment to Russia’s Far East today as the launch was announced of a huge Arctic gas project aimed at Asian markets. Hosting leaders including Japanese Prime Minister Shinzo…


Hock Seng Lee bags RM104.51m Sarawak road job

PETALING JAYA: Hock Seng Lee Bhd (HSL) has bagged a RM104.51 million contract from the Sarawak government through an open tender exercise.

The project is for the proposed construction and completion of Jalan Sg Bidut/Kpg Tutus/Kpg Sebedil/Kpg.Bungan Kecil, Sibu Division (Package A), Sarawak.

“The scope of works for HSL includes piling works, earth/sand filling, geotechnical work, drainage and road pavement. Traversing low lying terrain, the works will draw on HSL’s expertise in marine engineering,” HSL said.

The contract period is 24 months and physical construction work is expected to commence in September 2019.

The contract is expected to contribute positively to the earnings and net assets of HSL Group as the project progresses during the contract period.


MAHB proposes transfer fee, revised passenger service charges

PETALING JAYA: Malaysia Airports Holdings Bhd (MAHB) has proposed a passenger service charge (PSC) of between RM35 and RM60 for international flights out of Malaysia, depending on the airport of departure.

Currently, the PSC for flights to Asean destinations is RM35 and beyond RM73, while the domestic PSC is RM11. The current rates are the same for flights departing from all Malaysian airports.

MAHB proposed to increase the PSC for domestic destinations to RM14, from RM11 currently.

In addition, it proposed to introduce a transfer PSC of RM3 and RM17 for domestic and international flights respectively.

The transfer PSC is for all passengers on transit and transfer for up to 24 hours. Transfer/transit passengers departing more than 24 hours after arrival at the airport are to be considered as originating passengers who will be required to pay the relevant PSC in full.

In its second consultation paper on aeronautical charges framework released yesterday, the Malaysian Aviation Commission (Mavcom) said the airport operator proposed to equalise the PSC for Asean and beyond Asean flights, combining all such flights into one international category.

The rates for international flights vary, depending on which Malaysian airport the passenger departs from. The proposed PSCs are RM60 for flights from Kuala Lumpur, RM59 from Penang and RM55 from Langkawi, Subang, Kota Kinabalu and Kuching.

For flights departing from Miri, Sibu and other airports, the PSC has been proposed to be RM35.

MAHB also submitted two other options for the proposed tariffs. For all three options, MAHB is proposing for total landing and parking regulated revenues to increase by 16% in 2020.

However, MAHB noted that the proposed PSC of RM35 to RM60 for international passengers and RM14 for domestic passengers is the only option that will result in tariffs for other airports being lower than Kuala Lumpur.

The other options include international PSCs of between RM35 and RM114 while maintaining the domestic PSC at RM11. Under this option, the PSC for international flights departing from Kuching would be a whopping RM114, higher than RM62 for flights departing from Kuala Lumpur.

Meanwhile, the third option includes keeping the three-tier PSCs of domestic, Asean and beyond Asean. Under this option, the PSC for Asean destinations would range from RM35 to RM56 while for destinations beyond Asean, the PSC would range from RM35 to RM80. The PSC for domestic flights would be increased to RM14.

The third option would result in the PSC for flights to Asean destinations departing from Penang set at RM56 and that for flights departing from Kota Kinabalu and Kuching at RM53, which are higher than RM38 for flights from Kuala Lumpur.

Mavcom will carry out a consultation process to provide stakeholders the opportunity to provide additional information before announcing its final decision in October. Stakeholders have four weeks up till July 18 to provide written responses.


MAHB proposes revised passenger service charges, puts transfer fee on radar

PETALING JAYA: Malaysia Airports Holdings Bhd (MAHB) has proposed a passenger service charge (PSC) of between RM35 and RM60 for international flights out of Malaysia, depending on the airport of departure.

Currently, the PSC for flights to Asean destinations is RM35 and beyond RM73, while the domestic PSC is RM11. The current rates are the same for flights departing from all Malaysian airports.

MAHB proposed to increase the PSC for domestic destinations to RM14, from RM11 currently.

In addition, it proposed to introduce a transfer PSC of RM3 and RM17 for domestic and international flights respectively.

The transfer PSC is for all passengers on transit and transfer for up to 24 hours. Transfer/transit passengers departing more than 24 hours after arrival at the airport are to be considered as originating passengers who will be required to pay the relevant PSC in full.

In its second consultation paper on aeronautical charges framework released yesterday, the Malaysian Aviation Commission (Mavcom) said the airport operator proposed to equalise the PSC for Asean and beyond Asean flights, combining all such flights into one international category.

The rates for international flights vary, depending on which Malaysian airport the passenger departs from. The proposed PSCs are RM60 for flights from Kuala Lumpur, RM59 from Penang and RM55 from Langkawi, Subang, Kota Kinabalu and Kuching.

For flights departing from Miri, Sibu and other airports, the PSC has been proposed to be RM35.

MAHB also submitted two other options for the proposed tariffs. For all three options, MAHB is proposing for total landing and parking regulated revenues to increase by 16% in 2020.

However, MAHB noted that the proposed PSC of RM35 to RM60 for international passengers and RM14 for domestic passengers is the only option that will result in tariffs for other airports being lower than Kuala Lumpur.

The other options include international PSCs of between RM35 and RM114 while maintaining the domestic PSC at RM11. Under this option, the PSC for international flights departing from Kuching would be a whopping RM114, higher than RM62 for flights departing from Kuala Lumpur.

Meanwhile, the third option includes keeping the three-tier PSCs of domestic, Asean and beyond Asean. Under this option, the PSC for Asean destinations would range from RM35 to RM56 while for destinations beyond Asean, the PSC would range from RM35 to RM80. The PSC for domestic flights would be increased to RM14.

The third option would result in the PSC for flights to Asean destinations departing from Penang set at RM56 and that for flights departing from Kota Kinabalu and Kuching at RM53, which are higher than RM38 for flights from Kuala Lumpur.

Mavcom will carry out a consultation process to provide stakeholders the opportunity to provide additional information before announcing its final decision in October. Stakeholders have four weeks up till July 18 to provide written responses.


Pansar bags RM78m Sibu flood mitigation project

KUCHING: Engineering solutions provider Pansar Bhd’s wholly-owned subsidiary Pansar Engineering Services Sdn Bhd (PES) has been awarded the Sibu Flood Mitigation Project Phase 3 worth RM78 million by Kiasan Engineering Sdn Bhd.

A filing with Bursa Malaysia showed that the Sibu Flood Mitigation Project Phase 3 focuses on areas in Kampung Hilir and Kampung Nangka in Sibu, Sarawak. The Department of Irrigation & Drainage Malaysia is the owner of the project and the whole project is expected to be completed by March 2022.

Commenting on the award, Pansar managing director Datuk Tai Hee (pix) said it is pleased to have been granted this project.

“With some of us born and raised in Sibu, we understand how important flood mitigation is for our hometown. This award is also a testament to our expertise in engineering work,” Tai said in a statement.

Sibu, a town along the mighty Rejang River in Sarawak was known for taking the full brunt of seasonal monsoons. Since 2011, the Department of Irrigation & Drainage Malaysia has implemented Flood Mitigation Phases 1 & 2 and residents have since noticed a marked decrease in flood occurrences.

Commenting on the prospects of Pansar, Tai said it will continue to grow its business both organically and inorganically.

“We are regularly looking out for acquisition targets that can help complement our current business and expand our revenue streams.”

He said the company will implement a more targeted marketing approach to capture a larger market share in all its segments. As such, Pansar’s team will ensure that its existing and new customers will be made aware of the company’s full extent of product offerings by making use of its large customer database as well as increasing its brand recognition through social media marketing.

“We are also aggressively looking at and implementing ways to reduce duplicity and hidden wastage in our operations.”

He said is vital that the company implements cross-branch collaborations to improve stock levels and inventory. It will also continue to centralise its logistical control to improve business efficiencies.


UEM Edgenta’s Opus is consultant for Sarawak road project

PETALING JAYA: UEM Edgenta Bhd’s asset consultancy arm Opus Consultants has been appointed by the Sarawak government as the project management consultant for the RM11 billion state’s Coastal Road Network and Second Trunk Roads project.

The project is estimated to be completed in eight years.

The first work package for the project, which is valued at RM50 million, was awarded to Opus Consultants recently and will see the company, working together with Sarawak Public Works Department, in providing overall project management and technical expertise.

This includes to oversee key deliverables within the project work scope such as preliminary and detailed designs of 20 work packages ranging from the development of new roads and bridges, including four iconic cable-stayed bridges and pavement rehabilitation works.

Opus Consultants will also be overseeing upgrading works of 300km of the existing 896km of coastal roads; construction of 10 new bridges for the Coastal Road Network Project; and construction of 232km for Second Trunk Roads project.

The Coastal Road Network and Second Trunk Roads project was launched by Sarawak Chief Minister Datuk Patinggi Abang Zohari Tun Openg in Sarikei, Sarawak on April 6.

The Coastal Road Network is set to provide the state’s coastal area with better access and connectivity between towns namely – Kota Samarahan, Sadong Jaya, Sebuyau, Kabong, Tanjong Manis, Daro, Matu, Balingian and Bintulu to the Pan Borneo Highway network.

The Second Trunk Roads project on the other hand will link Kuching and Sibu to the Pan Borneo Highway network through Sebuyau, Seri Aman and the Betong link.


Tanjung Manis confident China investors will receive EIA approval soon

SIBU, Feb 27 — Tanjung Manis Economic Growth Area (T-MEGA), formerly known as Tanjung Manis halal hub, is confident that investors from China will soon receive the Environmental Impact Assessment (EIA) approval to proceed with their RM809 million…


East M’sia’s mobile internet usage highest in the country

KUCHING: Mobile internet usage in Sarawak and Sabah are among the highest in the country, Maxis Bhd (Maxis) says, with data consumption having more than doubled last year in the East Malaysian region. “The demand for internet continues to grow at a phenomenal rate. It growing all over the country but the growth rate has […]


The best of Sarawak’s entrepreneurs

KUCHING: The state once again honours the best it has to offer via the Sarawak State Entrepreneur of the Year Awards (EOYS) 2018 and Sarawak State Outstanding Entrepreneurship Award 2018 presented at the Sarawak Chamber of Commerce & Industry’s (SCCI) 67th Annual Dinner on Friday at the Imperial Hotel, Kuching. Organised by the Ministry of […]


Shell Malaysia celebrates winners of Shell Rimula Ultimate Stopover

KOTA KINABALU: Shell Malaysia feted nearly 300 key Shell Rimula customers from all over Malaysia in Kota Kinabalu recently for the Shell Malaysia annual technology masterclass and celebration dinner. Among them were 11 privileged winners of the Shell Rimula Ultimate Stopover promotion who are set to enjoy an unforgettable 5-day 4-night break in the city […]