Daily Industry News Update (18 June 2022)

Opening of MRT Putrajaya Line expected to trigger, revitalise development of old areas, says PM

The opening of the Mass Rapid Transit (MRT) Putrajaya Line is expected to trigger and revitalise development in old and existing areas, as well as areas yet to be developed, Prime Minister Datuk Seri Ismail Sabri Yaakob said.

Kenanga upgrades EcoWorld to ‘outperform’ after higher 2Q profit

Kenanga Research has upgraded its rating of Eco World Development Group Bhd (EcoWorld) to “outperform” after it posted a higher net profit for the second quarter ended April 30, 2022