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Big challenges for new Cabinet Election promises need to be fulfilled and transformation be on track
THE stock market has shown it likes the results of the general election.
WITH the Barisan Nasional winning handsomely in the resource rich state of Sarawak in the 13th general election (GE), and a record number of seven ministers and four deputy ministers elected into the federal Cabinet, Sarawak’s appeal has notched up significantly in a matter of weeks.
PETALING JAYA: Statistics released by Bank Negara on Wednesday on the country’s second-quarter gross domestic product (GDP) to June showed that Malaysia’s current account remained in surplus mode, albeit narrowing sharply quarter-on-quarter and year-on-year to RM2.6bil from RM8.7bil on a comparative basis.
EFFORTS will be intensified to leverage investments that yield high returns through high impact projects including the Mass Rapid Transit, Rapid, KLIA2, Kuantan Port and other Economic Transformation Programme (ETP) projects as well as regional corridor development.
KUALA LUMPUR: The RM2bil allocated for soft loans under Bank Pembangunan Malaysia through the Special Tourism Infrastructure Fund is a right move to fuel more growth activities in Malaysia’a booming tourism industry, said a tourism resort and high-impact attraction developer.
KUALA LUMPUR: The construction sector's output this year looks set to surpass last year's RM93bil, fuelled by ongoing and new public sector projects.
PETALING JAYA: The aligment of the second Mass Rapid Transit line 2 (MRT2) has caused confusion among the officials and industry executives in the construction and transportation sector.