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Business

News in brief

Business

Healthy pulse detected in construction sector

AFTER 10 consecutive quarters of growth, the construction sector staged a recovery in 4Q06, chalking up 0.6% year-on-year (YoY) growth in real output. The momentum thereafter strengthened, to reach 4.8% YoY growth in the second quarter of this year.

Business

Malaysian contractors to build in Kerala

Construction Industry Development Board (CIDB) has signed a Memorandum of Understanding (MoU) with the Kerala State Industrial Development Corporation (KSIDC) to undertake the development of an integrated industrial township in Kerala, India.hr noshade size=1 width=50%>

Nation

PM tables three-pronged Budget 2008

Prime Minister Datuk Seri Abdullah Ahmad Badawi tabled the Budget 2008, themed i>Together Building The Nation and Sharing Prosperity/i>, in Parliament on Friday.

Nation

Samy: GLCs can offer projects to Class F contractors

Government-linked companies (GLCs) can offer projects to Class F contractors as they are part of the Government, says Works Minister Datuk Seri S. Samy Vellu.

Business

Rise in building jobs

The Construction Industry Development Board (CIDB) expects the value of construction work done to grow by 4.2% this year against a decline of 0.5% in 2006.

Business

Construction industry expected to grow 4.2p.c. this year

The Construction Industry Development Board (CIDB) expects the value of construction work done to grow 4.2% this year compared to a decline of 0.5% in 2006.

Nation

Merge and bid for bigger projects, consulting firms told

Small consulting firms should consider merging with bigger ones to form consortiums to bid for bigger local and international projects, Works Minister Datuk Seri S. Samy Vellu said.

Business

Samy: Small consulting firms should merge with bigger ones

Small consulting firms should consider merging with bigger ones to form consortiums to bid for bigger local and international projects, Works Minister Datuk Seri S. Samy Vellu said.

Business

Proper training of foreign workers essential

SUPERIOR standards in project workmanship, concepts and designs will determine the level of success in Malaysia's drive to become an international real estate hub.