Daily Industry News Update (4 December 2020)

INDUSTRY NEWS (4 DECEMBER 2020)

Property, construction stocks surge ahead of government’s unveiling of more details on HSR project

Shares in property and construction counters surged today in an apparent reaction to the progression of the Kuala Lumpur-Singapore High Speed Rail (HSR) project amid talks between Malaysia and Singapore leaders about the megaproject with details expected to…

 

More than half of top 100 Malaysian companies see higher 3Q profits than last year

Corporate earnings in the third quarter ended Sept 30 (3Q20) are perceived to be a critical barometer of the domestic economy, among other indicators. A random check, according to Bloomberg data, among 100 largest public-listed companies (PLCs) by market capitalisation…

 

How will Johor Bahru-Singapore RTS impact the property market?

Sunday, Nov 22, 2020 marked a significant milestone for Malaysia and Singapore with the groundbreaking ceremony of the long-awaited Johor Bahru-Singapore Rapid Transit System (RTS) Link project. The on-site event was officiated virtually by the Johor ruler Sultan Ibrahim…

Powered by