The ASEAN Economic Community (AEC) is set to allow the free flow of goods, services, investments and skilled labour, while facilitating the movement of capital across the region. Formally established on December 31, 2015, the community is built on a series of agreements and pillars that establish a stable foundation for liberalised trade and...
As the government aims to drive the internationalisation of the domestic construction sector, it is also evaluating how the quality of construction in Malaysia stacks up. With more and more countries fixated on green growth and development, it is increasingly clear that the construction industry needs to up its game in order to compete...
A combination of a sluggish economy, a slump in commodity prices, an increase in the cost of living and a shaky domestic political landscape has had a neutralising effect on Malaysia’s real estate sector. Although 2016 is forecast to be a flat year, there are excellent deals to be had for forward-looking investors and those able to invest...
The residential property sector has been affected by Bank Negara Malaysia’s cooling measures and poor consumer sentiment, creating a slowdown in transactions across the board. But the outlook for 2016 and 2017 is especially difficult for the condominiums and apartments segment, which has become an increasingly popular slice of the property...
Over the years, large-scale public and private projects have dominated the activities of the Malaysian construction sector, driven by governmental and investor efforts to implement successive five-year plans aimed at becoming a developed nation.
In 2015 the Malaysia Investment Development Authority approved investments totalling RM3.7bn ($915.9m) in 25 projects in the non-metallic mineral products industry. Of the investments and projects in this subsector, 10 projects involved cement and concrete, with an investment value of RM253.9m ($62.8m), or 7% of the total for the non-metallic...
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