Cost pressure easing for construction sector

MIDF Research maintained its “positive” stance on the construction sector, which is expected to benefit from increasing job flows in the country. — Bloomberg

PETALING JAYA: Cost pressure is seen easing for the construction sector in Malaysia, thanks to lower steel bar prices and the slower increase in cement prices.

MIDF Research maintained its “positive” stance on the construction sector, which is also expected to benefit from increasing job flows in the country.