SunCon should be able to compete under open bidding system
Sunway Construction Group Bhd (Nov 14, RM1.
Economic Report 2019: Construction sector to grow at moderate pace
PETALING JAYA (Nov 2): The growth of the construction sector is expected to slow down owing to the soon-to-be completed mega projects, coupled with the property overhang situation in the non-residential segment, said the Economic Report 2019 by the Ministry of Finance (MoF).
KPKT and MIPFM to discuss separate register for property and facility managers
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.
Najib says Malaysia will not get back RM10bil from ECRL cancellation
PETALING JAYA (Oct 23): Former Prime Minister Datuk Seri Najib Razak has refuted Finance Minister Lim Guan Eng's claim that Malaysia will get back RM10.
Govt can claim RM10b from cancelled ECRL project, negotiations still ongoing, says Guan Eng
KUALA LUMPUR (Oct 22): The Malaysian government could claim back the RM10.
Risk of order-book reductions seen for construction sector
Construction sector Maintain neutral: In the mid-term review of the 11th Malaysia Plan 2016 to 2020 (11MP), the government has cut the development expenditure ceiling to RM220 billion from RM260 billion to consolidate its fiscal position.
Construction sites advised to implement safety measures for landslide prevention
KLANG (Oct 20): The Selangor Disaster Management Unit has advised all local councils in the state to set in place measures to prevent rain-related mishaps from occurring at construction sites.
11MP mid-term review: muted impact on construction sector, says CIMB Research
KUALA LUMPUR (Oct 19): CIMB IB Research has maintained its “Underweight” rating on the construction sector and said it sees muted impact on the overall sector, with no upside surprises in new contracts.
Average growth on construction sector to decelerate to 4.3% from 7.1% in 2016-2017
KUALA LUMPUR (Oct 18): Malaysia's construction sector is targeted to moderate at an annual average growth rate of 4.
