Daily Industry News Update (18 February 2021)


MGB bags RM443m contract to develop affordable homes in Selangor

MGB Bhd has bagged a RM442.81 million contract to construct affordable home projects in Dengkil and Ijok in Selangor. In a bourse filing, the group said its wholly-owned subsidiary MGB Construction & Engineering Sdn Bhd was awarded the contract by Seloka Sinaran Sdn Bhd

RM9mil facelift for iconic Taiping Market

Restoration works on Taiping Market, which will cost almost RM9 million, began on Jan 21 and are expected to be completed by March 2023. Taiping Municipal Council president Khairul Amir Mohamad Zubir said the facelift, fully funded by the Housing and Local Government Ministry

Malaysia and Singapore stand to gain from global growth in 2022, says Moody’s Analytics

Malaysia and Singapore are positioned to gain from global growth in 2022, said Moody’s Analytics. It said both countries have been cautious in opening their borders to travellers despite being among the most aggressive with fiscal policy support for their economies over the

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