Residential building, non-residential building anticipated to expand 15.7 pct y-o-y, 10.3 pct y-o-y respectively this year
State also recorded RM22.6 million in flood losses last year, population grew from 7.39 million in Q1 to 7.40 million in Q2
Finance minister says approach to shorten build times, lower costs
61.1 pct of total work done value concentrated in Selangor, says DOSM
KUALA LUMPUR, July 28 — The government continues to support the construction sector by granting Sales and Service Tax (SST) exemptions for selected projects, particularly those involving residential buildings and public facilities, including houses of worship, recreational parks and public toilets, said Deputy Works Minister Datuk Seri Ahmad Maslan.
KUALA LUMPUR, July 23 — While most sectors are expected to deliver flattish earnings in the second quarter of 2025 (2Q25), Maybank Investment Bank Bhd (Maybank IB) said it anticipates positive momentum in the construction, healthcare, property, oil and gas (O&G), and utilities sectors.
KUALA LUMPUR, July 10 — The construction industry in Southeast Asia (SEA) is set to experience robust growth, with a compound annual growth rate (CAGR) of 6.2 per cent from 2024 to 2028, according to Kaspersky.
KUALA LUMPUR, June 19 — Earnings in the construction sector are expected to remain on an upward quarter-on-quarter (q-o-q) trajectory in the second quarter of 2025 (2Q 2025), supported by increased construction site activities following 1Q 2025 festive breaks, according to CIMB Securities Sdn Bhd.
KUALA LUMPUR, April 15 — Malaysia and South Korea are on track to formalise a memorandum of understanding (MOU) on infrastructure and construction cooperation by year-end, marking a significant step forward in bilateral ties in the sector.
KUALA LUMPUR, April 7 — A man was killed after being crushed by a 10-tonne lorry at a construction site in Antara Gapi, Serendah, Selangor yesterday.
KUALA LUMPUR, April 2 — The Construction Industry Development Board Malaysia (CIDB) has issued an apology and retracted an earlier statement on the gas pipeline inferno in Putra Heights, Subang Jaya.
By Danial Dzulkifly SHAH ALAM, Feb 20 — The Kuala Lumpur-Karak Expressway (KLK) expansion will not displace any private homeowners, as the project will only utilise reserve land, said state executive councillor for infrastructure and agriculture Dato’ Izham Hashim. He said the project, to...
KUALA LUMPUR, Feb 4 — Bursa Malaysia opened higher today as bargain hunting emerged amid news on delayed import tariffs hike proposed by the United States (US) on Mexico and Canada yesterday.
KUALA LUMPUR, Nov 11 — The construction sector sustains its momentum with positive growth of 22.9 per cent, reaching RM41.1 billion in the third quarter (3Q) of 2024, compared with a 20.2 per cent increase, amounting to RM38.9 billion in 2Q.
KUALA LUMPUR, Aug 6 — All construction companies must not prioritise local skilled labour when hiring workers, said Deputy Prime Minister Datuk Seri Ahmad Zahid Hamidi.
KUALA LUMPUR, July 4 — The Works Ministry is closely monitoring developments in the construction industry, particularly the rising prices of construction and raw materials, following the removal of the diesel subsidy.
KUALA LUMPUR, May 13 — The construction sector work done value soared by 14.2 per cent year-on-year (y-o-y), amounting to RM36.8 billion in the first quarter of 2024 (1Q 2024), said the Department of Statistics Malaysia (DOSM).
SHAH ALAM, March 4 — As of January 31, a total of 60,843 'Rumah Selangorku' units have been launched, representing progress towards the pledged 200,000 units outlined in last year's state election manifesto, the State Legislative Assembly was informed today.
PUTRAJAYA, Feb 21 — The Housing and Local Government Ministry (KPKT) is targeting to build 100 Madani recreational parks throughout the country, said its minister, Nga Kor Ming.
JAKARTA, Dec 20 — The Malaysia External Trade Development Corporation’s (Matrade) latest export acceleration mission to Indonesia has garnered a positive response from the republic’s industry players.
Media Selangor Sdn Bhd, a subsidiary of the Selangor State Government (MBI), is a government media agency. In addition to Selangorkini and SelangorTV, the company also publishes portals and newspapers in Mandarin, Tamil and English.