Ikhmas Jaya secures job worth RM37.74 mil
KUALA LUMPUR (Jan 5): Ikhmas Jaya Group Bhd has been appointed to undertake the piling and substructure work for a commercial building in Damansara, Selangor, valued at RM37.
Gabungan AQRS bags RM360.98 mil construction job in Kuantan
KUALA LUMPUR (Jan 5): Gabungan AQRS Bhd has bagged a RM360.
2017 to be a challenging year for construction industry
THE end of the year is a time to reflect on the challenges faced and achievements made in the past year and to remind ourselves that all may not be so rosy next year.
Raffles Country Club to make way for HSR facilities
SINGAPORE (Jan 4): The Land Transport Authority and the Singapore Land Authority jointly announced on Tuesday evening that the Singapore government has gazetted the site of the Raffles Country Club for acquisition, in order to house the facilities for the Kuala-Lumpur Singapore High Speed Rail (HSR), the western depot of the Cross Island Line, and other transport related needs.
CapitaLand in alleged lease dispute with UK art gallery
SINGAPORE (Jan 4): Franses Gallery, a London-based UK art gallery, says it is currently in the midst of a “bitter [court] dispute” with CapitaLand over a new 15-year lease of purpose-built premises within the Singapore-listed property developer’s Ascott-branded Cavendish Hotel.
Construction sector to normalise to RM25 bil this year, says HLIB Research
KUALA LUMPUR (Jan 4): The Malaysian construction sector is expected to see downward normalisation this year, in which the domestic contract is projected to come in at RM25 billion, after achieving a record higher base in 2016, according to Hong Leong IB Research (HLIB).
Vivocom wins jobs worth RM71.3 mil
KUALA LUMPUR (Jan 4): Vivocom Intl Holdings Bhd has won two contracts worth a combined RM71.
Rafizi: Public to ultimately bear burden of inflated MRT costs
KUALA LUMPUR (Jan 4): Malaysians will likely face higher taxes in future to help the government pay for the construction cost of the mass rail transit (MRT) project, which may hit above RM100 billion, according to Pandan member of parliament Mohd Rafizi Ramli.