Tag - Infrastructure Projects

Allow local Sabah companies to work on Pan-Borneo Highway, says Shafie Apdal

KOTA KINABALU: The federal Public Works Department should allow local construction companies to form consortiums to carry out the Pan-Borneo Highway projects, says Parti Warisan president Datuk Seri Mohd Shafie Apdal. He said awarding such contracts to public listed companies with no physical presence in Sabah would only further delay the long-overdue Pan-Borneo Highway projects in...

PM agrees to Miri Airport expansion plan

MIRI: Datuk Seri Anwar Ibrahim has agreed for the Miri Airport to be further expanded following the increased number of passengers using it. The Prime Minister said the growth rate of airport users had increased by almost 90% compared to last year, justifying the need for the infrastructure to be further enhanced. "I agree to give attention...

Malaysia to maintain 4.8% economic growth forecast in 2024, says bank

KUALA LUMPUR: Malaysia is expected to maintain its economic growth forecast of 4.8% this year, mainly driven by consumer spending, according to Standard Chartered Bank Malaysia Bhd (StanChart). "We see consumer spending moderating as labour-market conditions soften but expect it to remain the primary driver," said StanChart economist Jonathan Koh and chief economist Edward Lee in...