LONDON: House prices in England and Wales are 2% up on a year ago, the biggest annual rise since January 2008, though non-seasonally adjusted monthly data points to a slowdown, property data company Hometrack said on Monday, May 31.

KUALA LUMPUR: Hotel brand Guoman Hotels, under the Malaysia-based conglomerate, Hong Leong Group, has begun its international growth plan with the opening of Guoman Hotel Shanghai (pictured).

Sime Darby
Disappointing

KUALA LUMPUR: UEM Land Bhd and Genting Bhd are among the key beneficiaries of enhanced Singapore-Malaysia ties following last week’s talks between Singapore Prime Minister Lee Hsien Loong and his counterpart Datuk Seri Najib Razak in the city-state.

Plenitude
More Surprises on the Upside

Slightly better first quarter

Highlights:

Developing sustaining future
Hightlight

•  Sime  Darby  registered  net  earnings  of RM804.2m in 9M10, a 38%yoy decline due to the hefty provisions incurred by its E&U division.

•  Improved results  from  the Plantation, Property, Motor, Healthcare and Other divisions mitigated the decline  in  Industrial division profit and  the harrowing losses from E&U division.

Mont’Kiara resident Jamie Lee loves living in the high-rise residential enclave in Kuala Lumpur, but these days leaving her home at the “wrong” time means spending “quality time” with her car and radio. “Mont’Kiara is ... in the middle of everything, but I have to strategise my trips to and from home. Six years ago, there were fewer condominiums and retail centres.