Weekly Industry News

Foreign labour crunch

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Economic sectors that are heavily reliant on foreign labour are feeling the crunch as the Covid-19 pandemic threatens to bring their operations to a h...

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For IBS to be fully adopted, upskilling of workers is crucial

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Foreign labour for construction and property development may be difficult to obtain if more stringent regulations are formulated to ensure the health ...

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Kempen Pemilikan Rumah akan diperkenal semula

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Kerajaan mungkin memperkenalkan semula Kempen Pemilikan Rumah (HOC) 2.0 dalam tempoh terdekat bagi membantu pemaju menjual projek hartanah kediaman. I...

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Buying during the MCO

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DURING the movement control order (MCO) period, various online meetings among property consultants, investors and developers have tended to converge o...

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Higher asking prices despite Covid-19 pandemic

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Asking prices for property are on the increase in major markets in Malaysia, despite the unprecedented impact of the COVID-19 outbreak and resulting m...

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Fewer new developments this year

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THE number of new developments is expected to continue its decline this year as a result of the lingering property overhang, as well as the projected ...

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`Put our workers to the test`

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Construction industry players are appealing to the government to create a proper Covid-19 testing protocol for each sector to ease worker bottlenecks....

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CIDB introduces initiatives to ease burden of construction industry players

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The Construction Industry Development Board (CIDB) has introduced several initiatives to ease the burden of contractors and construction industry play...

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Rehda, MBAM want government to bear construction workers’ testing costs

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The Real Estate and Housing Developers’ Association (Rehda) Malaysia and Master Builders Association Malaysia (MBAM) are appealing to the government t...

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`Medicine’ needed to enhance the property sector’s immunity

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The property development sector is one of the largest economic drivers of the country as it has the strongest multiplier effect on at least 140 indust...

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Market recovery thrown off by Covid-19

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On April 29, 2020, the National Property Information Centre (Napic) of the Finance Ministry’s Valuation and Property Services Department (JPPH) releas...

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Fears of insufficient testing infrastructure

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AN ORGANISED testing system must be in place before the mandatory testing of foreign workers for Covid-19 can be conducted, say industry experts. They...

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