Anwar highlighted the forthcoming realisation numerous significant infrastructure undertakings, incentives, initiatives and allotments designed to benefit SMEs, national energy transition roadmap, renewable energy, opportunities worth up to RM1 trillion for grab
Pertumbuhan domestik Malaysia diunjurkan terus bertambah baik, disokong oleh permintaan dalam negara yang berdaya tahan dalam situasi pasaran buruh yang stabil dan sektor perkhidmatan terus meningkat.
The New Industrial Master Plan 2030 emphasises the role of SMEs as a key contributor to economic growth, targeting to double SME exports to 25% in seven years.
The government launched the long-awaited New Industrial Master Plan 2030 last Friday with the aim of doubling the contribution of the manufacturing sector to GDP to over RM500 billion ringgit in 7 years.
Environmental, social, and corporate governance (ESG), also known as environmental, social, and governance, is a set of aspects considered when investing in companies, that recommends taking environmental issues, social issues and corporate governance issues into account.
An idea push by WEF/UN to control and tackle global warming issues.
ESG will also be linked to your social credit scores. A day will come whereby they will dictate what, how much and where you can buy.
ESG roadmaps amongst our Malaysia property developers, and their journey to carbon neutrality by 2050. And how does this translate into the projects with green building certification?
if the msian founder dah tua dan tak berupaya bring picorp to greater heights, better cash out and let others including foreign companies to bring it to greater heights..We have proton as a good example too
More Biz coming , KUALA LUMPUR: RHB Research does not discount the government rolling out infrastructure projects as early as the fourth quarter of 2023 (4Q 2023) with political overhang abating post state elections.
With the elections done and dusted, the federal government may now be able to focus its efforts to roll out big ticket infrastructure projects, in addition to implementing institutional reforms.
The value of construction works done in Q2 2023 reached RM32.4 billion, up 8.1 per cent year-on-year (YoY).
In the same period, the economic output of the construction sector grew 6.2 per cent YoY, marking the fifth consecutive quarter of YoY growth.
"Out of the 10 companies under our coverage that reported results, one came in line, two exceeded expectations and seven fell below estimates. "The underperformance was mainly due to earlier billing progress assumptions being too optimistic. "We believe that the adequate supply of labour should result in higher revenue recognition of projects, as they move along the S curve in the coming quarters," it said.
Key events to look out for in the near term is the tabling of the 12th Malaysia Plan mid-term review (12MP MTR) on September 11 that had initially outlined RM400 billion worth of development expenditure for 2021-2025.
"We are hopeful of key infrastructure projects to be mentioned in the 12MP MTR such as the Penang light rail transit, mass rapid transit 3, Johor Bahru-Singapore rapid transit system link and the Pan Borneo highway."
The firms top picks are Gamuda, Sunway Construction Bhd and Kerjaya Prospek for their commendable earnings visibility over the next three to six years.
It maintained an "Overweight" call on the construction sector.
The Malaysian Hospitality Investment Intentions Survey 2023 We are excited to unveil the findings of the latest survey, the Malaysian Hospitality Investment Intentions Survey for 2023.
Here are the highlights: • Kuala Lumpur emerges as the most favored location for hotels, but the rankings highlight the ongoing appeal of other major locations like Penang, Langkawi, and Melaka. • Respondents show interest in investing in city hotels, beach/ highland resorts, and boutique hotels, indicating a preference for unique and personalised accommodations. • Investors are becoming more optimistic, with a substantial increase in the expectation of achieving net returns of 5% to 6%. • 96% and 90% of respondents report an increase in occupancy rates and average daily rates respectively, reflecting positive momentum and improved market conditions. • 40% of respondents expect the hospitality sector’s full recovery to occur in the second half of 2023, indicating growing optimism and confidence in the industry’s recovery.
The environmental testing and monitoring services industry in Malaysia is expected to recover in 2023, after being hit hard by the COVID-19 pandemic in 2020 and 2021. The pandemic caused a slowdown in economic activity, which led to a decrease in demand for environmental testing and monitoring services. However, the industry is expected to rebound in 2023, as the economy recovers and businesses resume operations.
The growth of the environmental testing and monitoring services industry will be driven by a number of factors, including:
Increased government regulations on environmental protection. Growing awareness of the importance of environmental protection among businesses and consumers. Increasing investment in infrastructure projects, which will require environmental impact assessments. Expansion of the manufacturing sector, which will generate more pollution and require environmental monitoring. The COVID-19 pandemic has also created new opportunities for the environmental testing and monitoring services industry. For example, there is a growing demand for testing and monitoring services for COVID-19, such as testing for the virus in the environment and in employees.
The environmental testing and monitoring services industry is expected to grow at a compound annual growth rate (CAGR) of 6.5% from 2022 to 2027. The growth of the industry will be driven by the factors mentioned above, as well as the increasing focus on sustainability and green initiatives.
environmental testing and monitoring services, including:
Air quality testing Water quality testing Soil testing Noise pollution testing Hazardous waste management Environmental impact assessments The environmental testing and monitoring services industry is a growing and important sector of the Malaysian economy. The industry is expected to continue to grow in the coming years, driven by a number of factors, including increased government regulations, growing awareness of environmental protection, and expanding infrastructure projects.
Progressive Impact Corporation Berhad (PICORP) is good at environmental testing and monitoring services because of the following factors:
Experience: PICORP has been in the environmental testing and monitoring services industry for over 30 years. This gives them a wealth of experience and expertise in a wide range of environmental testing and monitoring services. Expertise: PICORP has a team of experienced and qualified environmental engineers and scientists. This ensures that they have the skills and knowledge to provide accurate and reliable environmental testing and monitoring services. Technology: PICORP uses state-of-the-art equipment and technology in their environmental testing and monitoring services. This ensures that they can provide accurate and reliable results. Accreditation: PICORP is accredited by the Malaysian Accreditation Council (MQA). This means that their environmental testing and monitoring services meet international standards of quality. Customer service: PICORP is committed to providing excellent customer service. They have a team of dedicated customer service representatives who are available to answer any questions or concerns that you may have. In addition to the above factors, PICORP is also committed to sustainable development. They believe that environmental protection is essential for the future of our planet. PICORP is committed to providing environmental testing and monitoring services that help to protect the environment.
Here are some of the specific environmental testing and monitoring services that PICORP offers:
Air quality testing Water quality testing Soil testing Noise pollution testing Hazardous waste management Environmental impact assessments Environmental auditing Environmental management systems PICORP also offers a variety of other environmental services, such as:
Environmental consultancy Environmental training Environmental remediation Environmental project management PICORP is a leading provider of environmental testing and monitoring services in Malaysia. They are committed to providing accurate, reliable, and sustainable environmental services to their customers.
Indeed, environmental ESG (Environmental, Social, and Governance) businesses can have significant growth potential. As society becomes increasingly aware of environmental issues and governments implement stricter regulations, there is a growing demand for sustainable and eco-friendly products and services. Companies that prioritize environmental sustainability can tap into this expanding market, attract socially conscious investors, and benefit from long-term profitability. However, success in the environmental ESG sector also depends on effective management, innovation, and staying aligned with evolving environmental standards and consumer preferences.
New IPO: The onshore and offshore support services provider for the O&G industry, Steel Hawk Bhd aims to list on the Ace Market!
MQ Trader 2948 views | 2 d ago
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New IPO: The largest mini-market player and a leading groceries retailer in Malaysia, 99 Speed Mart Retail Holdings Bhd aims to list on the Main Market!
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Good123
25,242 posts
Posted by Good123 > 2023-09-05 11:13 | Report Abuse
Potential reform of subsidy... now even foreigners here r getting it