RHB Research stays 'overweight' on construction sector as public projects gain momentum

In a note on Thursday (July 20), the research house said this was after the higher job flows from the private sector valued at RM39 billion in the first half of 2023 (1H2023) versus the public sector at RM9 billion in the same period, with the number of new applications for construction personnel reaching 151,500 applications in 1H2023, according to the Construction Industry Development Board’s data.

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Plaintiff has no legal standing to sue over HSR termination, says govt

In his affidavit filed on behalf of the defendants (the government), solicitor general Datuk Ahmad Terrirudin Mohd Salleh said that the subject matter of the lawsuit was related to the Cabinet’s decision on Dec 12, 2020, a public policy decision which was based on bilateral negotiations and research on cost and economic benefits for the country.

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