Tanzanian PM orders officials to prosecute cement hoarders

DAR ES SALAAM, Nov. 21 (Xinhua) -- Tanzanian Prime Minister Kassim Majaliwa on Saturday ordered all regional commissioners to inspect all cement factories and prosecute owners found hoarding the commodity.

Gradual recovery seen for prices of building materials

Analysts upgrade sector to ‘neutral’ from ‘underweight’

Gradual recovery forecast for buildings materials prices

KUALA LUMPUR: AmInvestment Bank Research upgraded its outlook on the building materials sector to neutral from underweight previously as it forecasts a mixed recovery for the sector.

Earnings of cement firms seen recovering in H2

Construction work resumption deemed timely

PETALING JAYA: The government’s decision to allow construction works to resume will help arrest cash flow issues and mitigate a worst-case risk of potential losses in the event of a prolonged stop work order, said CGS-CIMB.

Nod for building material producers to resume work

PETALING JAYA: Cement and steel manufactures may see trading interest after having been given the green light to resume operations under the movement control order (MCO) period, which has now been extended for another two weeks until April 28.

Short Position - Atta's woes deepen

IT is already strange that a company has to be suspended because of criminal investigations into its premises. It’s even worse when its fundamentals are impacted due to the police investigations.

Wee questions mySalam protection scheme coverage

PETALING JAYA: Without any increase in the budget allocation, Datuk Seri Dr Wee Ka Siong has questioned the government’s mySalam medical protection scheme coverage extension for B40 to M40 group.

Explain double-digit rise in raw building materials, says Wee

PETALING JAYA: The government must explain the reason behind the double-digit rise in the prices of raw building materials if there has been no rise is cement prices, says MCA president Datuk Seri Dr Wee Ka Siong.

Possible higher profits for cement players

PETALING JAYA: Cement companies are expected to report better earnings in light of higher cement prices.