Malaysia's construction activity rises for fifth straight quarter; but seen slowing in 2Q2023
“The increment (in 2Q2023 construction value) was supported by double-digit growth in the civil engineering sub-sector, which grew by 10.
“The increment (in 2Q2023 construction value) was supported by double-digit growth in the civil engineering sub-sector, which grew by 10.
Abdul Karim is also co-founder and chairman of troubled engineering group Serba Dinamik Holdings Bhd.
Minister Akmal Nasrullah Mohd Nasir: Out of the total 22 projects that have not yet obtained a certificate of completion and compliance (CCC) or are still under construction, 13 are abandoned projects.
The “cross-border RE sale will be conducted via an electricity exchange system to be set up by the government”, Rafizi said.
As of end-March, he said the ministry had identified a total of 657 problematic housing projects, of which 435 were categorised as “sick” projects, 112 were abandoned projects, and 110 were delayed projects.
“His departure from the group is to focus his attention, energy and effort on serving his national duty.
"If we are not transparent about this, then we may not be able to access the best medication to resolve it.
The group appointed Lee Siew Chen, who has several years of experience in taxation, as its new independent non-executive director.
He has 31 years of experience at Malayan Banking Bhd (Maybank), where he held various senior positions including head of corporate banking, head of commercial banking and head of Malaysian operations.
Previously, Budget 2023 was tabled on Oct 7 with a total allocation of RM372.