Daily Industry News Update (21 February 2021)

INDUSTRY NEWS (21 FEBRUARY 2021)

MOF: Govt can now directly award projects worth up to RM50,000 to contractors during Emergency, up from RM20,000 limit

The federal government has now temporarily increased the ceiling amount of contracts that can be awarded directly without open tender to contractors to RM50,000 during the Emergency period that is set to last until August, up from the previous maximum value of RM20,000 per

Ruling on housing tribunal`s scope raises more questions

The next time you take vacant possession (VP) of your new home, you may want to thoroughly check that the property is indeed what you paid for. And if it is not exactly what was specified in the sale and purchase agreement (SPA), it would be best not to commence any work on it,

Building of the future

Permodalan Nasional Bhd president and group chief executive Ahmad Zulqarnain Onn says when the idea of the Merdeka 118 tower was conceived, environmental considerations were a top priority. To that end, the tower will be the first in Malaysia to work towards triple green

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