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).
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.
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.
KUALA LUMPUR (Oct 22): The Malaysian government could claim back the RM10.
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.
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.
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.
KUALA LUMPUR (Oct 18): Malaysia's construction sector is targeted to moderate at an annual average growth rate of 4.
Criticism has been directed at the government's cancellation and deferment of infrastructure projects that involve Chinese state-owned enterprises (SOEs), amidst fears of upsetting China, and discouraging investments from the world's second-largest economy.
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