Domestic construction contracts are expected to shrink by 16 percent to RM13 billion this year, on the back of the fiscal tightening and property cooling measures introduced by the government, according to Alliance Research Sdn Bhd analyst Jeremy Goh. “With fiscal tightening setting in, we believe that a slowdown in government related projects is inevitable as a more prudent spending stance is taken,” he noted in his report.

The Economic Transformation Programme (ETP) saw RM220 billion worth of committed investments in three years, according to Prime Minister Datuk Seri Najib Abdul Razak. The Economic Transformation Programme (ETP) saw RM220 billion worth of committed investments in three years, according to Prime Minister Datuk Seri Najib Abdul Razak.

Malaysia's economy is expected to grow 5.5 percent in 2014 - up from a 4.5 percent growth last year, according to Dr Shane Oliver, head of investment strategy and chief economist at AMP Capital. This should be helped by monetary easing in the last year or so, along with a slight pick-up in global growth from three percent in 2013 to around 3.5 percent in 2014, noted Oliver.

Sultan of Johor Sultan Ibrahim Ismail has inked an agreement to acquire 150 million shares or a 20 percent interest in Berjaya Times Square Sdn Bhd (BTSSB), a fully owned unit Berjaya Assets Bhd (BAssets), for RM250 million cash. Notably, BTSSB is the owner, among others, of Berjaya Times Square Mall in Jalan Imbi, Kuala Lumpur.