Daily Industry News Update (16 April 2022)

No receding signs of headwinds thus far for Malaysia’s construction sector

NOTWITHSTANDING the transition into endemicity, the construction sector’s medium-term earnings trajectory may somewhat be held back by margin pressures arising from inflationary building material cost environment and manpower shortages.

Sunway, Malaysia Aviation ink MoU to explore broad collaborative initiatives

Malaysia Aviation Group and Sunway Group have signed a memorandum of understanding (MoU) to explore wide-ranging joint initiatives that include new business opportunities, joint marketing

Foreign firms bring in RM11.4b of paid-up capital

FOREIGN enterprises have brought in a total of RM11.38 billion in paid-up capital between 2020 and 2021, generating 33,123 jobs in the local market. Domestic Trade and Consumer Affairs Minister (KPDNHEP) Datuk Seri