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Iskandar Malaysia making progress

During our recent site visit to Iskandar Malaysia, we drove around the project sites for EduCity, Medini, SiLC, Horizon Hills, Setia Eco-Gardens, and Johor Premium Outlet, and made stops at the state administrative centre in Kota Iskandar, Columbia Hospital, and Puteri Harbour sales gallery.

For sale: News of the World site

LONDON: News International, the British newspaper wing of Rupert Murdoch’s News Corp, has put its former Wapping home up for sale, abandoning a plan to remodel the 15-acre site in east London that housed the News of the World.

SHL to launch RM200m project by year-end

KUALA LUMPUR: SHL Consolidated Bhd plans to launch more residential units in its flagship development at Bandar Sungai Long in Kajang by the end of this year, finance director Jack Wong Tiek Fong told reporters after the company AGM yesterday.

Land acquisition along Jalan Sultan in people's interest - SPAD

KUALA LUMPUR: Land acquisition for the Klang Valley Mass Rapid Transit (KVMRT) project along Jalan Sultan is in the people's best interest of developing the best urban railway for them, Land Public Transport Commission (SPAD) chairman Tan Sri Syed Hamid Albar said on Setp 8.

Bak Negara retains OPR at 3%

KUALA LUMPUR: Bank Negara Malaysia opted to maintain the Overnight Policy Rate (OPR) at 3.00 per cent after its Monetary Policy meeting here on Thursday Sept 8.

In a statement, the central bank said global growth had moderated in recent months as growth in the advanced economies slowed by more than expected following greater policy uncertainties.

Continuing polarisation in European property markets

LONDON: Sovereign debt issues are likely to continue to overshadow the fragile and uncertain outlook for the European economy, according to global property consultancy Knight Frank, which hosted its European Property Breakfast on Sept 6. This in turn is having a significant impact on the property sector, notably in respect of occupier and investor confidence, it said.

India govt introduces long-delayed land reform bill

NEW DELHI: India’s government edged closer to replacing a century-old land acquisition law yesterday, introducing a bill in parliament that seeks to placate a rural voter base worried it is being short-changed in the country’s rush into modernisation.