Daily Industry News Update (13 November 2020)




FIABCI Budget 2021 wish lists

Tax incentives for companies to digitalise their businesses, the country needs to pump-prime the economy by urgently initiating infrastructure projects to pick up the slack in the property industry.


FIABCI Welcomes RM69billion Boost for Development Expenditure

RM69bil allocated for development expenditure under the fiscal plan is essential to boost the country’s economy with hopes of creating more construction-related jobs.

Govt open to ‘out-of-court’ settlement on KVDT2 termination

THE government is open to seek an amicable “out-of-court” solution for any issues it faced including the purported termination of the Klang Valley Double Tracking Phase 2 (KVDT2) rail project.

781 construction sites ordered close for not complying with Covid-19 SOP

Result of inspection from Construction Industry Development Board Malaysia (CIDB) on 7,704 construction sites nationwide.

SPNB confident of building 3,000 units of Rumah Mesra Rakyat

Syarikat Perumahan Negara Bhd (SPNB) is confident of building 3,000 units of Rumah

Mesra Rakyat as per Budget 2021’s announcement.

The EdgeProp Malaysia’s Best Managed & Sustainable Property Awards 2021 back with new award category

The newly introduced awards’ category is “Repurposed Building”, which recognises the recycled old buildings, or adaptive reuse to extend the usefulness of a building by changing its function while keeping the structure.


MM2H Should Be Enhanced

The programme can definitely be enhanced to keep making it ever better while at the same time attractive.

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