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Eye on budget preparation



Dr Dzulkefly: Ministry to find ways for govt clinics to run smoothly

PUTRAJAYA: The Health Ministry will enhance 1Malaysia Clinics by posting doctors and a proper drug dispensing unit there as a way to address the long waiting time for patients in government health faci­lities, said its minister Dr Dzulkefly Ahmad.


Analyst Reports

Gamuda Bhd, MISC Bhd, Axis Real Estate Investment Trust and construction sector.


Manufacturing sector may improve in third quarter

PETALING JAYA: Malaysia’s manufacturing conditions are expected to improve in the third quarter after seeing further deterioration last month.


CIMB Research cautious on construction due to rail contract risks

KUALA LUMPUR: CIMB Equities Research is retaining its underweight call on the construction sector on sustained risks to rail contracts and remains bearish on all big-cap rail plays.


Govt scraps MRT 3 project

PUTRAJAYA: The Klang Valley mass rapid transit line 3 (MRT 3 or Circle Line) project, reported to cost between RM40bil and RM45bil, will not proceed, says Prime Minister Tun Dr Mahathir Mohamad.


CIMB Research cautious on construction as HSR, ECRL under review

KUALA LUMPUR: CIMB Equities Research is underweight on the construction sector as it sees pessimism brewing for Gamuda, YTL Corp and MRCB as the new federal government reviews the large-scale construction projects.


Malaysia says to review rail project to Singapore, ECRL

PUTRAJAYA: The government will review mega projects and projects which have been approved by the previous administration, said Economic Affairs Minister, Datuk Seri Mohamed Azmin Ali.


Stronger earnings ahead for Sunway Group, says CIMB Research

KUALA LUMPUR: Sunway Group’s 1Q18 core net profit made up 20% of CIMB Equities Research consensus’ full-year numbers.