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PETALING JAYA: After a sharp contraction in the second quarter of 2020 due to the Covid-19 containment measures, private investments in Malaysia have shown signs of gradual recovery.
KUALA LUMPUR: Prestar Resources Bhd’s net profit in the third quarter jumped 132% to RM5.2mil from RM2.2mil a year ago on higher steel prices and positive contributions from its steel pipes, guardrails and racking division.
Budget 2021: Provisions for infrastructure projects will trigger economic growth, says former Finance Ministry sec-gen
PETALING JAYA: Budget 2021 provides provisions for infrastructure projects that will trigger economic growth, says Tan Sri Mohd Sheriff Mohd Kassim.
It targets to clinch between 15% and 25% of the projects
KOTA KINABALU: The environmental impact of the development of the Pan Borneo Highway must be mitigated, says the Forever Sabah Institute (FSI).
PETALING JAYA: The My30 unlimited travel pass for citizens in rail and bus offered by Prasarana Malaysia Bhd saw an overwhelming sale of more than 600,000 passes as of October, says Transport Minister Datuk Seri Dr Wee Ka Siong.
KOTA KINABALU: A road from Serusop to Pituru is the missing link for motorists from Kota Kinabalu who want to cut travel time to the Tip of Borneo, a popular tourist spot at Simpang Mengayau in Kudat.
PETALING JAYA: The progress of the Pan Borneo Highway will be hastened, with Phase One of the project in Sarawak estimated to be completed in 2023, says Senior Minister (Works) Datuk Seri Fadillah Yusof. The Sarawak portion of the highway was only 53% completed, while progress was currently at 34% in Sabah, he said.
PETALING JAYA: HSS Engineers Bhd’s net profit for its third quarter ended Sept 30,2020 rose to RM2.79mil from RM874,000 in the previous corresponding period, on the back of higher revenue contribution from major ongoing projects.