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Economy seen to recover in H2 after slow first quarter

PETALING JAYA: The Malaysian economy will bounce back in the second half after registering what is expected to be the slowest quarterly expansion since the second quarter of 2016 during the first three months of the year.

Widad gets RM190mil construction contract

PETALING JAYA: Widad Group Bhd’s wholly owned subsidiary, Widad Builders Sdn Bhd (WBSB), has accepted a letter of award for a RM190.5mil contract from Wardah Properties Sdn Bhd.

DWL enters into pre-bid consortium agreement with Gadang for infra projects

KUALA LUMPUR: DWL Resources Bhd (formerly known as Spring Gallery Bhd) has entered into a pre-bid consortium agreement with Gadang Holdings Bhd to jointly work together to bid for infrastructure projects and if successful, will jointly undertake a contract for such infrastructure works.

Sarawak O&G players set to gain under Petros

PETALING JAYA: Sarawak oil and gas players are set to benefit as the state transitions into the new administration of its oil resources under Petroleum Sarawak Bhd (Petros), with plans to increase local participation in the industry.

China’s Q1 growth steadies

BEIJING: China’s economy grew at a steady 6.4% pace in the first quarter, defying expectations for a further slowdown, as industrial production jumped sharply and consumer demand showed signs of improvement.

HSS Engineers eyes vastpotential in Asean region

KUALA LUMPUR: Engineering and project management consultant HSS Engineers Bhd is eyeing the vast potential in the Asean region, particularly Indonesia and the Philippines, in addition to India.

Hock Seng Lee wins RM299mil Sarawak job

KUALA LUMPUR: Hock Seng Lee Bhd (HSL) has secured a RM298.98mil construction project from the Sarawak government to build the Batang Paloh bridge in Mukah division.