KUALA LUMPUR: Building contractors were on Tuesday, Nov 2 reminded to be too dependent on cheap labour, but instead use more highly-skilled manpower and practise efficient cost management.

Works Minister Datuk Shaziman Abu Mansor said over-dependence on cheap labour would be counter productive and make the construction industry less competitive and efficient.

KUALA LUMPUR: Leaders of the steel industry should seize the various opportunities offered by the Economic Transformation Plan (ETP), especially key projects under the Greater KL Plan, said Public Works Department director-general Datuk Seri Judin Abdul Karim.

KUALA LUMPUR: Speedy implementation of high impact projects is a key challenge to ensure the success of the 10th Malaysia Plan (10MP).

"Any delay in implementation will mean additional costs to the project," said Kwan Foh Kwai, president of the Master Builders Association Malaysia (MBAM) during his welcome address at the Third Malaysian Construction Summit 2010 on Tuesday, Nov 2.

KUALA LUMPUR: Sufficient human capital — particularly a skilled labour force — is crucial to the success of the 10th Malaysia Plan (10MP) and the New Economic Model (NEM).

KUALA LUMPUR: Boustead Holdings Bhd hopes to achieve 25% annual growth in terms of revenue from its property segment, said group managing director Tan Sri Lodin Wok Kamaruddin.

He said on Tuesday, Nov 2 the property segment contributed about 20% of group revenue at present.

LONDON: England's home owners will be able to fit their properties with energy-saving insulation at no upfront cost from the end of 2012 onwards, the government said on Tuesday, Nov 2.

Let’s talk about bubbles. You know what I mean — the property bubble, stock market bubble, asset bubbles in general. It doesn’t matter which one. The fact is that the word “bubble” gives us goose bumps, especially if we make our living in the financial world.