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36,000 Class F contractors in dire straits

IPOH: Some 36,000 Class F contractors nationwide may have to close shop due to lack of business as government projects have been slow in coming.

Perak Malay Contractors Association president Datuk Jamaludin Abdul Rahim said the 2,800 Class F contractors in the state were fully dependent on the government for construction jobs.

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21,611 NEAC housing units available for sale in KL

KUALA LUMPUR: A total of 21,611 of 29,562 People's Housing Programme (PPR) units of the National Economic Action Council currently managed by the Kuala Lumpur City Hall (DBKL) are available for sale to existing tenants, the Dewan Rakyat was told Tuesday, April 20.

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China Construction 2009 earnings more than double

SHANGHAI: China State Construction Engineering Co said its 2009 net profit attributable to investors including extraordinary items rose 108.7% to 5.73 billion yuan (RM2.69 billion) from its restated 2008 earnings, propelled by a property boom.

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