Eversendai upbeat on prospects after FY17 turnaround

KUALA LUMPUR (Feb 28): Steel and construction outfit Eversendai Corp Bhd, which returned to black in its financial year ended Dec 31, 2017 (FY17), is upbeat about its prospects this year as it continues to build steady growth in terms of revenue and profit.

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IDEAS: Government intervention distorts affordable housing supply

KUALA LUMPUR (Feb 26): Government intervention on supply of affordable housing has resulted in unwanted consequence — unfair competition that deters active participation of the private developers in this segment, according to Institute for Democracy and Economic Affairs (IDEAS) senior fellow Dr Carmelo Ferlito.

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