Liquidators see more construction firms going bust compared to pre-pandemic

Liquidators are seeing more construction companies going under - higher than pre-pandemic levels, with even the big boys biting the bullet. Firms are reeling from the aftermath of the pandemic amid a high interest rate environment, coupled with the jump in manpower and material costs. Private construction output is also down in the first quarter this year, even as public projects prop up growth in the sector. Nasyrah Rohim reports.