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Civil societies applaud Sabah govt in approving Bornean elephant action plan
KOTA KINABALU: A coalition of nine civil society organisations has applauded the Sabah government for approving the Bornean Elephant Action Plan for 2020-2029 last week, an indication that it is serious in conserving the species.
Lebuhraya Borneo Utara lays off 500 workers
KUCHING: Lebuhraya Borneo Utara Sdn Bhd (LBU) is laying off more than 500 employees as its role as the project delivery partner (PDP) ends tomorrow.
Construction stocks gain momentum
PETALING JAYA: Construction stocks gained momentum yesterday, driven by expectations of resumed growth for the sector, as well as the anticipation of the economic stimulus package to be announced month-end.
Cost of Pan Borneo Highway project to be announced on Feb 20
KAJANG: Following flak from state leaders, Works Minister Baru Bian said the comprehensive cost of the Pan Borneo Highway project in Sarawak will be announced on Feb 20.
Cost of Sarawak Pan Borneo Highway project to be announced on Feb 20
KAJANG: The actual cost of the Pan Borneo Highway project in Sarawak will be announced on Feb 20, said Works Minister Baru Bian.
Trading ideas: ARB, Atrium Reit, Ekovest
KUALA LUMPUR: JF Apex Research expects ARB Bhd, Atrium Real Estate Investment Trust (Atrium REIT) and Ekovest Bhd to be among the stocks to watch on Friday.
Ekovest and unit face lawsuit over aborted joint venture
PETALING JAYA: Ekovest Bhd and its wholly-owned subsidiary Ekovest Construction Sdn Bhd is facing a lawsuit by Samling Resources Sdn Bhd over their aborted joint venture (JV) for the Pan Borneo Highway job.
Govt to save RM3.1bil after taking over Pan Borneo project, says LGE
PUTRAJAYA: The Government is expected to save about RM3.1bil after taking over the Sarawak Pan Borneo project from a project delivery partner (PDP), says Finance Minister Lim Guan Eng.
Construction sector prospects to remain muted in 2020
KUALA LUMPUR: Prospects for the construction sector are expected to be muted moving forward in 2020 as it continues to retreat from a supercycle fuelled by debt-funded public infrastructure projects, says AmInvestment Bank research.