Haily Group wins RM41m contract to build resort villas in Johor
KUALA LUMPUR (Jan 25): Building contractor Haily Group Bhd has won a RM41.
FMM urges govt to shelve proposed Act 342 amendments, move away from 'extreme and threatening measures'
KUALA LUMPUR (Jan 24): The Federation of Malaysian Manufacturers (FMM) has called for the government to shelve the recently proposed amendments to Prevention and Control of Infectious Diseases Act 1988, otherwise known as Act 342, indefinitely and move away from what it called "extreme and threatening measures" of big fines and jail terms.
Nestcon bags RM188.5m construction contract
KUALA LUMPUR (Jan 20): Nestcon Bhd has been awarded a fixed lump sum turnkey construction job worth RM188.
HLIB: Construction-sector earnings to double in 2022 on higher productivity, margins
KUALA LUMPUR (Dec 23): Hong Leong Investment Bank (HLIB) Research forecast construction-sector earnings to double in 2022, driven by higher productivity and margins.
Targeted vaccination softens Covid-19 impact on construction industry after estimated RM42 billion hit
KUALA LUMPUR (Dec 6): The extended Covid-19 outbreak in the country has continued to affect the construction industry this year, but the impact has been more moderate compared with in last year due to a vaccination roll-out targeted at construction workers, among others.
Boustead partners PowerChina unit to explore renewable energy, construction opportunities
KUALA LUMPUR (Nov 19): Boustead Holdings Bhd has signed a memorandum of understanding (MoU) with a unit of Power Co Corp of China (PowerChina), to explore collaborations in renewable energy (RE) projects and other civil engineering and construction projects.
SunCon 3Q net profit down 19%, dragged by MCO, higher steel prices
KUALA LUMPUR (Nov 19): Sunway Construction Group Bhd's (SunCon) third quarter (3Q) net profit fell 19.
AME bags RM359m construction project in Johor
KUALA LUMPUR (Oct 22): Integrated industrial space solutions provider AME Elite Consortium Bhd’s wholly-owned subsidiary AME Construction Sdn Bhd has been awarded a RM359 million contract to build a new integrated production facility, logistics warehouse, and office buildings for Ye Chiu Non-Ferrous Metal (M) Sdn Bhd.
China's new construction activities continue to decline due to strict lending regulations
BEIJING (Oct 18): China's new construction activities continue to slow down for a sixth straight month due to cash-strapped developers putting a halt to their developments as the government tightens the regulations on borrowing, reported Reuters.
Advancecon bags another ECRL subcontract job for RM17m
KUALA LUMPUR (Oct 15): Advancecon Holdings Bhd said it has been appointed a subcontractor for the proposed construction and completion of ground treatment work of Section 4 of the East Coast Rail Link (ECRL) project for RM16.
