Geotechnical study for planning permission applications of all KL buildings an overkill, says expert
Dexter Koh, deputy president, Malaysian Institute of Architect: “I don’t think all projects should be halted and I sense this as a knee-jerk reaction to the problem,” KUALA LUMPUR (Aug 30): The suspension of new construction approvals in the city and the requirement for all projects to comply with geotechnical reports is an “overkill”, said Dexter Koh, deputy president, Malaysian Institute of Architects.
Chinese battery maker Zhuhai CosMX to invest RM1b to build plant in Kedah
The company manufactures battery packs for electric vehicles and provides industrial energy storage systems.
KIP REIT expands portfolio with RM98m acquisition of four industrial properties
In a bourse filing on Thursday, the trust said Pacific Trustees Bhd, acting as its trustee, has entered into four separate sale and purchase agreements (SPAs) for the acquisitions.
BIM adoption in Malaysia’s construction industry deterred by high cost, skill shortage, says industry expert
“Government incentives and subsidies can help offset the initial costs and encourage wider adoption.
MBAM: Construction players should embrace technology disruption and focus on sustainability
MBAM president Oliver Wee Hiang Chyn: “The construction industry is in for a bumpy ride if we still refuse to embrace the disruption of technology and advocate for [sustainability].
India’s Eros Investments to invest US$1b in AI park, film studio in Malaysia, says Gobind
The proposed investment is anticipated to feature an AI university and data centre within the park, and could generate 5,000 jobs over the next five years.
KLCCP Stapled Group's 2Q net profit up 5.7%, declares 9.2 sen dividend
The group’s Suria KLCC and the retail podium of Menara 3 Petronas, which represent the retail segment, recorded notable increases of 8% and 11% in quarterly revenue and profit before tax respectively.
AME Elite’s 1Q net profit drops 37% on lower property, construction contributions
Earnings per share fell to 2.
FT minister confirms new construction approvals in KL suspended after sinkhole incidents
Minister in the Prime Minister's Department (Federal Territories) Dr Zaliha Mustafa: “We hold off [on the new project approvals] for now until we establish a task force.