KUALA LUMPUR: Hektar Real Estate Investment Trust (Hektar REIT) saw a 10% rise in its net income for 1Q2010 ending March 31, 2010, at RM10.04 million compared with RM9.13 million in the same period last year.

KUALA LUMPUR: Construction company Bina Puri Holdings Bhd has tendered for projects worth RM4 billion both locally and abroad, Group Managing Director Tan Sri Tee Hock Seng, said on May 5.

Explaining further, Tee said part of the jobs tendered for, are in Saudi Arabia and worth about RM1 billion.

KUALA LUMPUR: The project to upgrade Brickfields will begin after the 67 traders there have shifted to a temporary location at Lorong Chan Ah Tong end of this month, Deputy Federal Territories and Urban Wellbeing Minister Datuk M Saravanan said on May 5.

KUNMING: The death toll in Monday's (May 3) landslide in Myanmar near its border with southwest China's Yunnan Province rose to 15 on Wednesday, May 5, after rescuers recovered another two remaining bodies.

KUALA LUMPUR: Menang Corp (M) Bhd's unit, Inovatif Mewah Sdn Bhd (IMSB), has secured the RM300 million Universiti Teknologi Mara (UiTM) campus project at Seremban 3.

IMSB, a 71% subsidiary of Menang Corp, has entered a concession agreement with the government, represented by the Higher Education Ministry and UiTM to undertake the project on a Private Finance Initiative (PFI).

SEOUL: South Koreans' purchases of overseas properties declined during the first quarter from three months earlier as investor sentiment remained sluggish despite steadily improving global economic conditions, data showed Wednesday, May 5.

KUALA LUMPUR: Singapore’s tallest residential tower when completed has received encouraging sales from foreign investors including Malaysians.

PENANG: The Eastern & Oriental Hotel (E&O Hotel) (pictured) in Penang has been ranked among the world’s best hotels in this year’s Expedia Insiders’ Select™ list.

PETALING JAYA: The Master Builders Association Malaysia (MBAM) is looking at purchasing steel bars and cement from overseas markets if domestic building materials prices continue to increase.

KUALA LUMPUR: There is a need for a regional green building council (GBC) co-operative in Asia where countries can look at new technologies, research and development integration as well as benchmark and data collection, said Singapore GBC’s founding board member Lee Siew Eang.