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PETALING JAYA: The construction industry wants the government to reconsider its decision to cut down on the number of foreign workers in the sector as well as an extension to their loan moratorium, failing which they claim many may be forced to hire illegals or even shut down.
PETALING JAYA: The fundamentals of the construction sector will remain weak in the second half of this year as only about 25% of construction activity has been activated, post movement control order (MCO).
KUALA LUMPUR: CGS-CIMB Equities Research retained its Neutral oulook on the property sector due to the weak macro outlook, affordability issues and likely lower property sales.
PETALING JAYA: The Real Estate and Housing Developers’ Association (Rehda) has praised the government over its incentives to mitigate the Covid-19 economic fallout.
Home campaign returns, sales tax exemption for CBU, CKD vehicles
PETALING JAYA: Developers and contractors are reminded to display the highest compliance required of them to reduce negative perception on the industry.
PETALING JAYA: Most developers have and will revise their sales targets for 2020 as a result of the movement control order (MCO) brought about by the coronavirus outbreak (Covid-19).
PETALING JAYA: Construction industry players are appealing to the government to create a proper Covid-19 testing protocol for each sector to ease worker bottlenecks.
AN ORGANISED testing system must be in place before the mandatory testing of foreign workers for Covid-19 can be conducted, say industry experts.
PETALING JAYA: The Federal Government's decision to allow the majority of businesses to resume operations under the conditional movement control order (MCO) has the support of 59 Malaysian chambers of commerce and industry associations.