Less job awards but better construction earnings expected
The construction sector is expected to remain a bright spot amid the less-than-rosy prospects of the wider domestic and global economies — which are facing a multitude of uncertainties…
MMC Gamuda explains ‘other associated costs’ for MRT1
The project delivery partner (PDP) for Klang Valley mass rapid transport (MRT) Line 1 yesterday confirmed that the RM21 billion cited by the government as the project’s total cost excluded “other associated costs”.
Bina Darulaman buys land in Sungai Petani for RM4.63 mil
Property developer Bina Darulaman Bhd said it is acquiring three plots of land in Sungai Petani from the Kedah State Development Corporation for RM4.63 million.
Dolphin: Shah Alam land buy done on ‘willing-buyer willing-seller’ basis
The group said there was no formal valuation conducted on the property, which also includes a single-storey detached factory with an integral double-storey office, a guard house, a pump house and a refuse chamber.
‘Property outlook to remain subdued as lending stays tight’
Property developers are expected to register another year of slow performance in 2017 amid a lack of catalysts for the segment, as cooling measures introduced by the central bank to rein in speculation continue to be the main hurdle for property companies.
Econpile, China firm JV bags RM389 mil SUKE contract
Econpile Holdings Bhd, along with its JV partner China Communications Construction Co (M) Sdn Bhd, has won contract to undertake foundation, substructures and other ancillary works for Package SUKE-CA3.
Rafizi: MRT Line 1's RM21 bil cost excludes RM7 bil paid to consultant
Rafizi has been vocal towards the issues surrounding the MRT project, which he claimed would reach more than RM100 billion upon completion.
