Payment Issue in Malaysian Construction Industry: Contractors’ Perspective

2014 ◽  
Vol 70 (1) ◽  
Author(s):  
Mohamed Nor Azhari Azman ◽  
Natasha Dzulkalnine ◽  
Zuhairi Abd Hamid ◽  
Khuan Wai Beng
Keyword(s):  
Factor Analysis ◽  
Construction Industry ◽  
Old Age ◽  
Financial Management ◽  
Timely Manner ◽  
Preliminary Study ◽  
The Government

This paper research entitled “Payment Issue in Malaysian Construction Industry by Contractor” intends to investigate the causes of late and non-payment in the Malaysian construction industry. Payment problems are old age issues that permeate the Malaysian construction industry. So often, contractors and parties in the construction industry complain either not getting paid or payments have been unduly delayed by the employer. A preliminary study was undertaken of 100 samples of contractors. The findings of the research shows that the potential major causes of late and non-payment are local attitude, delay in certification by consultant and paymaster's poor financial management. Based on the factor analysis findings, there are three factors that should be taken care which are under factor management and documentation, communication and contract, and culture and attitude. Findings of this study may assist the government and relevant parties in addressing problems associated to late and non-payment in an effective and timely manner to create a win-win situation for all parties in the Malaysian construction industry. The findings will be used as a platform in establishing the payment scenario in Malaysian construction industry prior to Construction Industry Payment Adjudication Act (CIPAA).

scholarly journals Exploring the Barriers and Driving Factors in Implementing Building Information Modelling (BIM) in the Malaysian Construction Industry: A Preliminary Study

2014 ◽  
Vol 75 (1) ◽  
Author(s):  
Zahrizan Zakari ◽  
Nasly Mohamed Ali Ali ◽  
Ahmad Tarmizi Haron ◽  
Amanda Marshall Ponting ◽  
Zuhairi Abd. Hamid
Keyword(s):  
Construction Industry ◽  
Construction Projects ◽  
Integrated Approach ◽  
Driving Factors ◽  
Building Information Modelling ◽  
Information Modelling ◽  
Building Information ◽  
Preliminary Study ◽  
The Government ◽  
The Many

In Malaysia, Building Information Modelling (BIM) has recently gained attraction from construction players and some of them have applied it to several projects. By utilising the BIM process, the construction players have the opportunity to plan, coordinate and design in an integrated approach. This is one of the many benefits that they could gain and resulting in increased productivity. Despite these benefits, the implementation of BIM in the Malaysian construction industry is still lagging behind Singapore, for instance. Thus, it warrants a study such as the present to determine what are the actual barriers that hamper its implementation and what are the driving factors that could enhance its pace of implementation in the Malaysian construction industry. In this study, a questionnaire survey based on Convenience Sampling Method was carried out to gather the possible barriers and driving factors for BIM implementation among the Malaysian construction players. Additionally, Relative Importance Indices (RII) were used to analyse the data obtained and to identify those barriers and driving factors for the implementation of BIM in this country. Consequently, results of this study revealed that the main barriers for implementing the BIM are: 1) Lack of knowledge about BIM, 2) Reluctance and/or no insistence shown by the Malaysian construction industry players (Clients, Contractors and Consultants alike) on the use or implementation of BIM. The driving factors, on the other hand, that could lead to the speeding up of the implementation of BIM are: 1) Support and enforcing the implementation of BIM by the Government, 2) promote BIM training program and 3) Initiatives of senior management of the related industry players. In conclusion, for successful wide spread application of BIM in Malaysia, a good push from the government alone is far from enough. All other construction industry players mentioned must assume their roles well in promoting the use of BIM in their construction projects.

scholarly journals Factors Affecting Construction Sector Safety Performance: Exploratory Factor Analysis Evidence from China

2022 ◽  
Vol 6 (1) ◽  
pp. 21-33
Author(s):  
Sun Zhenyun Jia ◽  
◽  
Guanzhong Cao Wei ◽  
Lin Wu Yutang ◽  
◽  
...  
Keyword(s):  
Factor Analysis ◽  
Construction Industry ◽  
Chinese Economy ◽  
Safety Performance ◽  
Construction Sector ◽  
Labor Costs ◽  
Factors Affecting ◽  
Profit Margins ◽  
The Government ◽  
New Infrastructure

Construction industry is a significant contributor to the Chinese economy. The industry has more than 12 million employers with over 250 million employees and creates almost $1.9 trillion worth of structures yearly. Civil construction remains the main driver of growth in China. Basically, a task is developed to meet market demands or demands in a timely fashion. Different possibilities may be thought about in the conceptual drawing board, and also the technical and also financial feasibility of each alternative will be assessed and compared in order to select the very best feasible job. The construction industry in China is forecast to grow by 7.7% in 2021, driven by strong Y-o-Y growth in the first quarter, reflecting the comparison to the previous year's period when construction work was halted across most of the country. Thereafter, the construction industry is expected to record an average annual growth of 4.2% between 2022 and 2025. The industry's growth over the forecast period is expected to be driven by investments on new infrastructure, including investment in the areas of 5G networks, Artificial Intelligence, the Internet of Things, and data centers. According to the government-backed think tank, the China Electronic Information Industry Development, the country is expected to spend CNY10 trillion (US$1.4 trillion) on new infrastructure projects between 2020 and 2025. This study evaluated factors affecting construction sector performance: explanatory factor analysis evidence from China. From the literature reviewed, it was established that entering the Chinese construction market is still seen as exciting but difficult by many foreign contractors and consultants. The study found out that rising material and labor costs, labor woes, increased competition and shrinking profit margins were some of the challenges construction firms in Chin face. The study concludes that the implementation of construction safety laws and the rate of subcontracting are relevant factors affecting construction sector in China, while neither the extent of using temporary workers, nor the availability of resources, nor the level of per capita GDP has any effects. Keywords. Construction sector, safety performance, construction sector, labor costs, increased competition, shrinking profit margins

EXPLORING BARRIERS IN IMPLEMENTING BUILDING INFORMATION MODELING: A PRELIMINARY STUDY

2017 ◽  
Vol 4 (1) ◽  
Author(s):  
Ghanim A. Bekr
Keyword(s):  
Construction Industry ◽  
Construction Projects ◽  
Building Information Modeling ◽  
Resistance To Change ◽  
Information Modeling ◽  
University Curriculum ◽  
Building Information ◽  
Preliminary Study ◽  
The Government ◽  
The University

This study involves with Building Information Modeling (BIM) and exploring the reasons behind the slow speed of implementing this method in the construction industry in developing countries in general and Jordan in specific. The aim of the research was achieved through a survey which considered 15 barrier factors and 13 driving factors. The study revealed that the level of BIM implementation in construction projects is generally low. In addition, the significant barriers affecting the adoption of BIM are lack of qualified staff to operate the software, difficulty learning BIM, the existing system fulfils the need, resistance to change and uncertainties concerning return on investment of BIM. Also, the study pointed out the most important factors that could help implementing BIM in the Jordanian construction industry. These are providing BIM training program, introducing BIM in the university curriculum and providing the efforts by the government to push implementation of BIM in their projects. Finally, the paper presented some recommendations if followed the level of (BIM) implementation in this country may be improved.

scholarly journals Revised web impact factor analysis of Timor Leste University website during COVID-19 pandemic

2021 ◽  
Vol 10 (3) ◽  
pp. 1678-1686
Author(s):  
Tenia Wahyuningrum ◽  
Condro Kartiko ◽  
Ariq Cahya Wardhana ◽  
Teotino Gomes Soares
Keyword(s):  
Factor Analysis ◽  
Distance Learning ◽  
Impact Factor ◽  
University Ranking ◽  
Timor Leste ◽  
Preliminary Study ◽  
The Government ◽  
The University ◽  
Relative Standing

The global coronavirus disease 2019 (COVID-19) pandemic requires the Timor Leste government to make a school from home policy. This policy has encouraged several universities to improve the quality of their distance learning services. However, it seems that the government has not gone deep enough to conduct a preliminary study on each university website's readiness to face this. Based on previous research, the university website impact factor is one of the criteria for increasing webometrics rankings. Still, it is not explained in detail the types of referring pages and domains that can affect webometrics rankings. This research investigates the extent to which R-WIF affects webometrics and examines the factors that can improve the university website's quality. We surveyed the revised web impact factor (R-WIF) at seven universities in Timor Leste to determine their academic sites' relative standing. The results show, although some universities have increased the number of backlinks, the webometrics university ranking prefers backlinks that come from high-authorization sites such as .edu and .gov. The correlation value indicates this phenomenon between R-WIF and Webometrics of 0.464, which means moderate. Universities in Timor Leste need to implement several strategies to improve Webometrics rankings, especially visibility.

scholarly journals A PRELIMINARY STUDY ON FINANCIAL MANAGEMENT PRACTICES AMONG KUALA NERUS MOSQUES

2020 ◽  
Vol 15 (2) ◽  
pp. 35-47
Author(s):  
Wan Zuriati Wan Zakaria ◽  
Norazlina Ilias ◽  
Norlidawahi Wahab ◽  
Wan Zanani @ Zalani Wan Abdullah
Keyword(s):  
Financial Management ◽  
Management Practices ◽  
Descriptive Analysis ◽  
Financial Resources ◽  
Accounting System ◽  
Muslim Community ◽  
The Public ◽  
Preliminary Study ◽  
The Government ◽  
Set Up

Each religion has its own institution and ways of dealing with all the religious-related matters in the community. For the Muslim community, the mosque, or known as "Masjid" in Arabic, is a place of worship for performing prayers and other religious-related activities. In conducting those activities, mosques usually receive funding from public donations, fundraising, "waqaf", the government and many more. Managing a mosque fund is crucial in order to build trust among the public, and simultaneously safeguard the mosque’s financial resources. Therefore, it is important for each mosque to adopt good financial management practices in managing funds effectively. The data for this study was collected through a questionnaire distributed to 23 respondents from 14 mosques in the district of Kuala Nerus, Terengganu, to explore their financial management practices. The descriptive analysis surprisingly shows that 79% of the mosques still use a manual system in managing their funds instead of a computerized accounting system. It is timely to develop a customized accounting system to cater the needs of mosques’ management to set up a systematic and efficient fund management.

Paradigma Pembangunan Desa dalam Pengelolaan Keuangan Desa Berdasarkan Undang-Undang Nomor 6 Tahun 2014 Tentang Desa

2020 ◽  
Vol 3 (2) ◽  
pp. 117-132
Author(s):  
Betha Rahmasari
Keyword(s):  
Regional Development ◽  
Financial Management ◽  
Sustainable Use ◽  
Economic Potential ◽  
Village Community ◽  
Development Organizations ◽  
The People ◽  
The Government ◽  
The Right ◽  
The Village

This article aims to find out the developmentidea or paradigm through village financial management based on Law Number 6 of 2014 concerning Villages. In this study, the researcher used a normative research methodby examining the village regulations in depth. Primary legal materials are authoritatuve legal materials in the form of laws and regulations. Village dependence is the most obvious violence against village income or financial sources. Various financial assistance from the government has made the village dependent on financial sources from the government. The use of regional development funds is intended to support activities in the management of Regional Development organizations. Therefore, development funds should be managed properly and smoothly, as well as can be used effectively to increase the people economy in the regions. This research shows that the law was made to regulate and support the development of local economic potential as well as the sustainable use of natural resources and the environment, and that the village community has the right to obtain information and monitor the planning and implementation of village development.

LATE AND NON-PAYMENTS ISSUES IN THE MALAYSIAN CONSTRUCTION INDUSTRY: PERSPECTIVE OF BUILDING MATERIAL SUPPLIERS

2020 ◽  
Vol 6 (1) ◽  
pp. 39
Author(s):  
Mohd Fisal Ishak ◽  
Kartina Alauddin ◽  
Mohd Shahrol Hafiz Ibrahim
Keyword(s):  
Construction Industry ◽  
Cash Flow ◽  
Financial Management ◽  
Building Material ◽  
Building Materials ◽  
Management Team ◽  
Flow Management ◽  
Cash Flow Management ◽  
Main Effect ◽  
Klang Valley

Payment in the Malaysian construction industry has generally been an issue of concern. Late and non-payment problem is endemic in construction and needs to be addressed. The aim of this study is to investigate the issues related to late and non-payment based on the building materials suppliers’ perspective. Questionnaires were distributed to suppliers of building materials in the Klang Valley. Findings from the study shows the main cause of late and non-payment is the paymaster’s poor financial management while the main effect of late and non-payment is problem with the cash flow.  The most recommended possible solution to cope with the issue is for the paymaster to conduct training on financial and cash flow management to the management team in the company.  

STRATEGI PEMBERDAYAAN BURUH MIGRAN PEREMPUAN INDONESIA DI HONGKONG

2009 ◽  
Vol 8 (2) ◽  
pp. 59-72
Author(s):  
Tyas Retno Wulan ◽  
Lala M. Kolopaking ◽  
Ekawati Sri Wahyuni ◽  
Irwan Abdullah
Keyword(s):  
Hong Kong ◽  
Migrant Workers ◽  
Financial Management ◽  
Practical Knowledge ◽  
Social Remittances ◽  
Central Java ◽  
The Social ◽  
Ethical Work ◽  
The Government ◽  
Female Migrant

Social remittances (ideas, system practice, and social capital flow from the receiving country to the home country) of Indonesian female migrant workers (BMP) in Hong Kong appeared better and more complete than other BMP in other countries like Malaysia, Saudi Arabia, or Singapore.  Based on that research, we are encouraged to do extensive research in order to identify factors  that push  BMP’s social remittances development  in Hong Kong, to identify kinds of social remmitances they receive  and to understand on how far their social remittances become a medium to empower them and their society.  This study is done in qualitative method that uses an in-depth interview technique and FGD.  Subjects of study are BMP, the government (Ministry of Manpower and Transmigration and BNP2TKI), NGOs, migrant workers’ organization and researchers of BMP. The study done in Cianjur (West Java), Wonosobo and Banyumas (Central Java) and Hong Kong indicates that during their migration process, female migrant workers not only have economical remittance that can be used for productive activities, but also social remittances.  The social remittances are in the form practical knowledge such as language skill and nursery; knowledge on health, financial management; ethical work; the mindset changing and networking. The study  indicate that female migrant workers are extraordinary women more than just an ex-helper.  Their migration has put them into a position as an agent of development in society.Key words: Indonesians  female migrant workers, social remmitances, empowerment

ACCOUNTING SYSTEM DESIGN FOR THE OPERATION OF RENTAL FLATS AND SPORTS VENUE OF RIAU PROVINCE

Jurnal Niara ◽  
2019 ◽  
Vol 12 (1) ◽  
pp. 29-34
Author(s):  
Neneng Salmiah ◽  
Fahmi Oemar ◽  
Reni Farwitawati
Keyword(s):  
System Design ◽  
Public Service ◽  
Financial Management ◽  
Development Program ◽  
Design System ◽  
Accounting System ◽  
Service Agency ◽  
Operation System ◽  
Management Procedure ◽  
The Government

The study aimed at conducting an analysis towards the operation of Athlete Homestead for the National Sports Week in 2012 belonging to Riau Province. Regarding the Finance Operation System in the form of Sub-district Development Program-Regional Public Service Agency (PPK BLUD), the researcher designed the Accounting System for the Regional Public Service Agency of the Rental Flats and Sports Venue. The data analysis in this study used the descriptive qualitative method by describing the accounting system design for the operation of Rental Flats and Sports Venue through the Sub-district Development Program-Regional Public Service Agency (PPK BLUD) with the procedure comprising: designing the rent system and procedure of the Rental Flats and Sports Venue, designing the system of cash management from the rent income, implementing focused-group discussion with the related parties and the government, working on the policy improvement draft for the operation of the Rental Flats and Sports Venue belonging to Riau Province.Based on the result of the study and discussion, it can be concluded that in order to improve the effectiveness of the service and operation of Rental Flats and Sports Venue with sound business practice, it is necessary to implement the Finance Operation System in the form of Sub-district Development Program-Regional Public Service Agency (PPK BLUD). The design system of the Sub-district Development Program-Regional Public Service Agency (PPK BLUD) comprising the organization chart, the transaction proof document, and the financial management procedure

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