News about construction

PETALING JAYA (Jan 18): Uncertainties are looming over the nation’s construction sector as political instability, meshed with the movement control order (MCO) implementation, are dampening the speed of the sector’s recovery, but analysts are seeing some silver linings backed by Budget 2021’s infrastructure allocation.

KUALA LUMPUR (Jan 18): Hong Leong Investment Bank (HLIB) Research has initiated coverage of GDB Holdings Bhd at 98.

KUALA LUMPUR (Jan 16): Bamboo flooring manufacturer Kanger International Bhd has diversified into the construction business by signing six deals totalling RM495.

KUALA LUMPUR (Jan 15): Construction work needs to be stopped during the Movement Control Order (MCO) period in the states involved, according to the Works Ministry.

KUALA LUMPUR (Jan 14): The Construction Industry Development Board (CIDB) has urged contractors to only hire registered workers or with legal documents to avoid disciplinary action.

KUALA LUMPUR (Jan 4): The government's move to replace the cancelled Kuala Lumpur-Singapore High Speed Rail project (KL-Singapore HSR) with the Kuala Lumpur-Johor Baru HSR (KL-JB HSR) will still be positive for the construction sector, say analysts.

KUALA LUMPUR (Dec 22): Construction of the East Coast Rail Link (ECRL) project continues to advance beyond its original target, said Deputy Transport Minister Hasbi Habibollah.

KUALA LUMPUR (Dec 21): The Construction Industry Development Board (CIDB) has urged construction industry players to comply with instructions and Standard Operating Procedures (SOP) issued by the National Security Council (MKN), following the surge in COVID-19 cases at construction sites.

KUALA LUMPUR (Dec 17): The main contractor and subcontractor of the Sungai Besi-Ulu Kelang Expressway (SUKE) project have been fined RM180,000 for failing to ensure safety at the highway construction site.

SINGAPORE (Nov 30): Aspen Group Holdings has reported profit before tax of RM74.