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Steady growth anticipated for the glass industry

KUALA LUMPUR: The glass industry is expected to experience steady growth by reinvesting within its own glass manufacturing facilities, despite the softening construction sentiment.

Deputy Secretary General Minister of Tourism, Arts and Culture Malaysia Datuk Yean Yoke Heng (right) being brief at the Mini crawler crane at the Glasstech Asia 2018 and Fenestration Asia 2018 - Southeast Asia’s largest glass show showcasing architectural glass, technology, innovation, manufacturing, processing, and premier glass conferences at MITEC

HK property market cools

HONG KONG: Potential homebuyers priced out of Hong Kong’s stratospheric property market may now feel more hopeful as housing prices finally begin to cool after a bullish stampede lasting more than two years.

In contrast to the past two years when new and existing flats would normally be snapped up, agents say residential property has switched to a buyer’s market, with more room to negotiate prices

SunCon unit secures RM352mil construction job

KUALA LUMPUR: Sunway Construction Group Bhd’s (SunCon) unit, Sunway Construction Sdn Bhd, has bagged construction works worth RM352.05mil from Akitek Akiprima Sdn Bhd on behalf of Sunway Velocity Two Sdn Bhd (SVTSB).

In a filing with Bursa Malaysia, SunCon said the job entailed works for the main building and associated external works for the proposed Sunway Velocity Two commercial development comprising serviced apartments, podium car park and office block at Jalan Peel, Kuala Lumpur.