Malaysian construction stocks fell sharply on Thursday for the sixth straight day amid concerns over data centres being built as the US further tightens restrictions on advanced semiconductor exports.

Gamuda Bhd (KL:GAMUDA) said its consortium has been appointed as the main contractor to deliver the first civil works package worth over RM8 billion for the Penang Light Rail Transit project.

The Johor-Singapore Special Economic Zone (JS-SEZ) holds significant potential to boost employment in Johor, but economists stressed the need for clarity on tax incentives and the development of necessary infrastructure as crucial factors for the zone's attractiveness to investors.

The pace of change and grind in Ho Chi Minh City is undeniable—almost every worker you meet will tell you that having multiple income streams is a way of life.

CIMB Securities is positive on Malaysia’s equity market in 2025, underpinned by a third consecutive year of earnings growth at 8%, driven by banks, construction and utilities sectors.

Shares of Gamuda Bhd (KL:GAMUDA) notched a fresh all-time high on Friday, as analysts projected robust quarters ahead for the construction powerhouse, fuelled by contract wins and a strong project pipeline.

The research house raised its target price for Gamuda by RM1.15 to RM11.67, the highest among 21 covering the stock, and maintained its “buy” call.

Gamuda Land, the property arm of Gamuda Bhd (KL:GAMUDA), commenced the construction of two public primary schools in its 1,530-acre (619.17-hectare) Gamuda Cove township in Kuala Langat, Selangor, on Wednesday.

The construction sector in Malaysia is set to achieve its strongest year since 2016, driven by a surge in project roll-outs from both the public and private sectors, analysts from RHB said.

Gamuda Land, the property arm of Gamuda Bhd (KL:GAMUDA), and Taylor's Education Group have collaborated to establish affordable international schools within Gamuda Land's townships.