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Slow recovery likely for construction sector
PETALING JAYA: Local construction players are in for a slow earnings-recovery path, following business disruptions during the movement control order (MCO) and delay in restarting operations.
Builders need protection against litigation, says HBA
Sector among hardest hit currently by pandemic
Construction industry’s dilemma - Covid-19
AFTER the Pakatan Harapan government was installed in 2018, many contractors and their supply chain suffered severe cashflow disruption and had to incur bank borrowings in order to keep the projects afloat due to the restructuring exercise.
How artificial intelligence will change the construction sector
In 2016, to the shock of many, the Alpha Go computer program, developed by Google Deep Mind, managed to beat professional Go player Lee Sedol.
Subdued 1H for construction sector due to political scene
KUALA LUMPUR: CGS-CIMB Equities Research expects the first half of 2020 to be subdued for construction companies following the recent political developments up to the change in government.
CIDB appoints new chairman
KUALA LUMPUR: The Construction Industry Development Board (CIDB) Malaysia has appointed Datuk Meor Abdul Aziz Osman as its chairman effective today.
CIDB: Construction players need to stay up to date
KUALA LUMPUR: Malaysian construction industry players have to keep up with the latest local and global trends, as well as developments to maintain their competitive edge moving forward.
Building global success
MORE than 15 years after Muhibbah Engineering (M) Bhd (MEB) received Construction Industry Development Board (CIDB) Malaysia’s International Achievement Award, it still retains its position among the top Malaysian construction companies for its global reach.
Construction cost centre launched
KUALA LUMPUR: Construction Industry Development Board Malaysia (CIDB) and Royal Institution of Surveyors Malaysia (RISM) have launched Building Cost Information Service Malaysia Sdn Bhd which will be the main service provider of CIMB’s National Construction Cost Centre (MyN3C).
Higher sales, improved margins power CSC Steel 3Q earnings
KUALA LUMPUR: CSC Steel Holdings Bhd's net profit for the third quarter ended Sept 30,2019 surged by 253% to RM10.53mil from RM2.98mil a year ago, underpinned by improved margins, higher sales and lower production costs.
