News about construction industry

  KUALA LUMPUR (Jan 16): The construction industry saw a recovery in sentiment in 2019, amid news of the government’s intention to revive several mega infrastructure projects that were put on hold or postponed after the government change in 2018.

PETALING JAYA (Oct 22): Industrialised Building System (IBS) precast manufacturer MGB Bhd has successfully delivered IBS-built homes in LBS Alam Perdana, a township development in Puncak Alam, Selangor by LBS Bina Group Bhd, half a year earlier than scheduled.

KUALA LUMPUR (Sept 3): Setia Precast Sdn Bhd, a wholly-owned subsidiary of S P Setia Bhd, today received the highest-in-the-country Industrialised Building System (IBS) score of 93.

KUALA LUMPUR (Aug 6): The Construction Industry Development Board (CIDB) Malaysia hopes there will be allocation under Budget 2020 for incentives to encourage the construction industry to adopt Building Information Modelling (BIM).

PETALING JAYA (Jan 21): The safety of construction worksites could soon be enhanced if proposed amendments to the Occupational Safety and Health Act (OSHA) 1994 come to fruition.

KUALA LUMPUR (Jan 17): The private sector adoption of the industrialised building system (IBS) currently stands at an estimated 35%, out of its 2020 target of 50%, said the Construction Industry Development Board (CIDB).

KUALA LUMPUR (Oct 25): The Malaysian Institute of Property and Facility Managers (MIPFM) will be speaking with the Housing and Local Government Ministry about the possibility of setting up a separate board to register property, facility and strata managers.

KUALA LUMPUR (Sept 28): Construction costs of homes are expected to fall by 3% to 5% owing to the Sales and Service Tax (SST) exemption on basic construction materials, The Star daily reported Construction Industry Development Board (CIDB) chief executive Datuk Ahmad Asri Abdul Hamid saying today.

KUALA LUMPUR (April 23): The Construction Industry Development Board (CIDB) today led a delegation of Malaysian construction-related companies to explore opportunities in development projects in the UK owned by Malaysian developers.

KUALA LUMPUR (Nov 20): Sunway Construction Group Bhd (SunCon), the country's largest pure-play construction group, saw its net profit rise 11.