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THE recent price hike in most building materials, except for cement, is expected to impact the construction and property development sectors at least until the third quarter of this year.
THE steely gulf between builders and steel millers is wider than ever despite the Government's announcement on Wednesday of higher ceiling prices for steel bars and billets, aimed at alleviating the shortage.
THERE were mixed reactions to the announcement by the Domestic Trade and Consumer Affairs Minister Datuk Mohd Shafie Apdal yesterday that the price of steel bars and billets would be revised upwards.
DESPITE a growing demand for steel bars from the construction industry, steel millers could face an uncertain year if the hoped-for revision in government controlled prices for the key building material does not happen soon, analysts say.
COMPETITION in the car market will intensify and a key factor to success will be targeting which segments to compete in.
The Domestic Trade and Consumer Affairs Ministry has received reports that the prices of medicine and health supplements have increased because of the depreciation of the US currency.
MANY car companies are expected to announce their new prices from today, depending on whether all of them receive their confirmation as to which components are taxable and by how much.
THE 20% increase in corrugated carton prices which took immediate effect is justified, as the raw materials needed in their production have risen by 30% since last August, Malaysian Corrugated Carton Manufacturers#039; Association (Maccma) president Soh Man Tong said.