ICAEW predicts Malaysia’s GDP to grow by 5.2% in 2018

 |  Thursday, 22 March 2018 16:50  |  Published in CORPORATE

The Institute of Chartered Accountants in England and Wales (ICAEW) expects Malaysia’s gross domestic product (GDP) to rose at 5.2 per cent in 2018, easing slightly from a 5.9 per cent close in 2017 on the back of slightly tighter credit conditions and moderation in export growth. 

Institute of Chartered Accountants in England and Wales (ICAEW) Economic Advisor and Oxford Economics Lead Asia Economist Sian Fenner said he 2018 outlook will be determined more by the health of Malaysia’s import partners and global trade dynamics.

Columbia Asia Receives Additional Equity Investment of Usd210 Million

 |  Thursday, 22 March 2018 16:47  |  Published in CORPORATE

Columbia Asia Group, one of the largest and fastest growing healthcare companies in Asia, today announced that it has received additional equity investment of USD210 million, primarily from existing shareholders. 

The fresh funds will be used primarily to build new hospitals and deepen the level of specialty care in existing facilities.

IJM wins RM1.12 billion LRT3 underground package contract

 |  Wednesday, 14 March 2018 10:01  |  Published in CORPORATE

IJM Corporation Bhd (IJM), has been awarded a major RM1.12 billion contract by Prasarana Malaysia Bhd for the Light Rail Transit Line 3 (LRT 3) project from Bandar Utama to Johan Setia, its first construction contract win for 2018.

IJM will deliver the design, construction and completion of the twin-bored tunnels, a station, ancillary buildings and other associated works for the underground package for the LRT 3. 

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