MMHE sees high demand for its marine segment


Managing director and chief executive officer Pandai Othman said the group had maintained a cautiously optimistic outlook on the heavy engineering segment due to labour shortage, prolonged global supply chain disruptions, and volatile commodity prices.

PETALING JAYA: Malaysia Marine and Heavy Engineering Holdings Bhd (MMHE) expects the marine business segment to recover gradually this year albeit a challenging landscape.

Managing director and chief executive officer Pandai Othman said the group had maintained a cautiously optimistic outlook on the heavy engineering segment due to labour shortage, prolonged global supply chain disruptions, and volatile commodity prices.

Uh-oh! Daily quota reached.


Experience an ad-free unlimited reading on both web and app.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

MMHE , yard , Pandai Othman ,

   

Next In Business News

Singapore Q1 GDP up 2.7% y/y, above market forecast
Trading ideas: TNB, Lagenda, Apollo, George Kent, Magma, Advancecon, Hong Seng, Pos, TSR, Sunway
Blistering solar growth runs into grid blocks
Opportunities in Kazakhstan and Uzbekistan
Hot-pot chain eyes global growth after strong US debut
Cocoa falls as better African weather eases supply concerns
UK central bank warns markets of change
Mega First sees better earnings for core ops
Krugman says he’s ‘fanatically confused’ on where rates are going
Fund says Indian bonds underpricing index move

Others Also Read