Low construction visibility seen in medium term
Construction sector Maintain neutral: The Kuala Lumpur Construction Index plunged 26.
AWC’s plans to diversify into rail-related works hit snag
KUALA LUMPUR (June 6): AWC Bhd said it will proceed with the completion of its proposed acquisition of a 60% stake in Trackwork & Supplies Sdn Bhd for RM43.
Ekovest-Samling JV for RM2.1b highway job void
KUALA LUMPUR (June 6): Ekovest Bhd’s joint-venture (JV) agreement with Samling Resources Sdn Bhd to jointly undertake the development and upgrading of the Pan Borneo Highway (pictured) in the state of Sarawak — Phase 1 for work package contract WPC-02 (Semantan to Sg Moyan Bridge and KSR Interchanges) — with a total contract value of RM2.
BNM declines to comment on market talk of governor's resignation
KUALA LUMPUR (June 5): Bank Negara Malaysia (BNM) declined to comment on strong market talk that governor Tan Sri Muhammad Ibrahim (pictured) has submitted his resignation.
19th edition of ARCHIDEX to draw more than 35,000 visitors
PETALING JAYA (June 5): The upcoming 19th International Architecture, Interior Design & Building Exhibition (ARCHIDEX) jointly organised by the Malaysian Institute of Architects (PAM) and C.
Matrix Concepts mulls affordable housing venture in Indonesia
PUTRAJAYA (June 5): Matrix Concepts Holdings Bhd is considering tapping into Indonesia’s affordable housing market within three years.
MACC raids DBKL HQ, seizes documents
KUALA LUMPUR (June 5): The Malaysian Anti-Corruption Commission (MACC) is currently seizing documents connected to the sale of 64 lots of Kuala Lumpur City Hall (DBKL) land from 2013 to 2018, reported the New Straits Times.
AirBnb wants to give travellers a better experience
KUALA LUMPUR (June 5): There will be more than one reason to book AirBnb in future.
KPKT to meet MoF and BNM on lending guidelines
PUTRAJAYA (June 5): The Housing and Local Government Ministry (KPKT) will discuss with the Ministry of Finance (MoF) and Bank Negara Malaysia (BNM) on relaxing current lending guidelines to enable more homebuyers from the B40 and M40 groups to secure housing loan.
