Developers build up land holdings
BEIJING: Mainland property developers have shrugged aside concerns over policy measures to curb home sales and are aggressively building up their land holdings.
Property owners should not be held responsible for tenants’ wrongdoings
PETALING JAYA: A group of associations have on Tuesday, June 29, opposed the government's proposed amendments to the Copyright Act 1987, under which it holds the landlords responsbile for tenants' infringements.
South Korean PM will take responsibility for scrapping Sejong City Bill
SEOUL: Prime Minister Chung Un-chan said on Wednesday, June 30 that he will shoulder full responsibility for the South Korean government's failure to have its revised bill on the Sejong City project pass the National Assembly, reports China's Xinhua news agency.
Naim to venture into China?
KUALA LUMPUR: Naim Holdings Bhd, a Sarawak-based builder and property developer, has signed a memorandum of understanding with three other parties to explore the prospect of collaborating for the development of two community inter-linked smart cities.
Sunway sets sights on record profit for 2010
PETALING JAYA: Sunway Holdings Bhd is looking to surpass the record pre-tax profit of RM180 million that it achieved more than a decade ago in its current financial year ending Dec 31, 2010 (FY10).
Australian housing market cooling as rates work
SYDNEY: Australian home prices rose moderately in May while sales of new home slipped and consumers cut back on debt, suggesting higher interest rates were working to rebalance the economy to a more sustainable path.
Crescendo Corp 1Q net profit up 6%
KUALA LUMPUR: Crescendo Corporation Bhd's first quarter earnings rose 6% to RM4.812 million from RM4.522 million a year ago and it expects performance to improve in the current financial year.
It said on Tuesday, June 29 that revenue increased 23% to RM44.69 million from RM36.36 million due to higher sales in construction services and concrete products.
