"His long history of astute leadership and unwavering commitment to positive growth will strengthen our resolve in bringing the project to fruition for the benefit of the country and the people.”
... amid increasing challenges in the construction market such as cost overrun and a spike in project material costs.
The number of late projects have risen to 141, from 110 at end-March, while the number of abandoned projects remained unchanged at 112.
Citaglobal said Citaglobal Land Sdn Bhd had performed the work under a subcontract awarded in October 2015 to build part of WCE’s Section Nine mainline works from Kampung Lekir Interchange to Changkat Cermin Interchange.
Teow Wooi Huat appears to have returned to Malaysia’s corporate scene. Stock exchange disclosure reveals that the businessman’s 519.5 acres land in Melaka has piqued the interest of Sand Nisko Capital Bhd to participate in a RM1.75 billion mixed-used development.
AWC Bhd has won a sub-contract worth RM7.17 million for works related to cold water, hot water, rainwater harvesting, sanitary plumbing and the installation of sanitary fittings and ware works for a seven-storey block of luxury apartments in Bukit Damansara, Kuala Lumpur.
UOA Real Estate Investment Trust (REIT)’s first quarter net profit fell 8.8% amid a decline in occupancy rate at its older buildings, coupled with an increase in expenditure, driven by higher electricity and borrowing costs.
Excluding Malaysia, tourist arrivals to Indonesia, the Philippines, Singapore, Thailand and Vietnam have recovered to an average of about 60% of 2019 levels
Arlina, who served the central bank from September 2000 to July 2022, has 25 years of experience in the banking, finance and economics industries.
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