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Ho Hup lands RM137m contract under KVDT project

"The KVDT project is the third contract win for the group in the last three months. We believe the group's expertise and track record in rail infrastructure projects put us in a good position to secure more contracts in the coming months," the group said in a filing with Bursa Malaysia.

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Should Malaysia's unemployment rate be much higher?

The official statistics revealed that there were 826,100 unemployed in May, an increase of 6% from 778,800 in April.

Nonetheless, few might have noticed that the size of the labour force has been shrinking in recent months. In April, the labour force lost 130,000 people when it declined to 15.71 million, from 15.84 million in March. The number remained flat at 15.71 million in May.

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