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PETALING JAYA: Earnings of local construction companies should start to pick up from the middle of the third quarter onwards as mega projects resume.
KUALA LUMPUR: UOB Kay Hian Malaysia Research expects contractors’ earnings to pick up gradually from mid-3Q20 onwards from the low base in 1H20 following the prolonged Movement Control Order (MCO) which began on March 18.
KUCHING: The Sarawak government will splurge RM11bil on infrastructure in the next two years, ahead of the state polls that must be held by mid-2021. It is the highest spending by the state and the money will be used to build roads and infrastructure for water and electricity.
KUCHING: KKB Engineering Bhd’s oil and gas (O&G) outfit OceanMight Sdn Bhd, which has secured two fabrication contracts for offshore structures in the last three months, is eyeing three more similar projects.
MALAYSIA’S poor handling of public finances is a subject matter that has very often lit controversy. It is not only during the Datuk Seri Najib Tun Razak government but stretches back to the days of our new ‘old’ Prime Minister, Tun Dr Mahathir Mohamad.
KUCHING: Sarawak is to undertake a RM1bil state water grid project following the rollout of the Pan Borneo Highway project.
THE tussle between keeping open green space open and green, and development, is never ending. This struggle was brought into focus once again when Taman Tun Dr Ismail (TTDI) residents came out in droves to protest against the proposed development in Taman Rimba Kiara about a week ago. Objections by stakeholders were submitted to KL City Hall on June 29.
KUALA LUMPUR: With as much as RM200bil (US$51bil) of building jobs in play, Danny Wong Teck Meng says no investor can afford to ignore Malaysian construction stocks.