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Anchor Land sells Philippine luxury condos in KL

THE various cooling measures implemented in Malaysia of late have led local real estate agents to seek other options for those looking to invest in property. This has prompted overseas developers to seize the opportunity to market their products in Malaysia.

Breathing new life into Damansara Jaya

WITH new highways and public transport systems coming up and the redevelopment of Atria in full swing, property consultants expect the area to become more attractive to real estate investors and end-users when these projects are completed.

Building for the people

THE growth of the Asian economies have drawn many foreign architects to Asian shores, resulting in buildings that may be iconic but do not have relevance to the Asian context or culture, say judges of the AAA. As such, they believe that buildings should be built with the people in mind.

Ringgit volatility poised for longest run of declines since 2012

(June 27): A measure of expected swings in Malaysia’s ringgit headed for a ninth weekly drop, the longest falling streak since 2012, as low borrowing costs in developed nations spur demand for emerging-market assets.The Federal Reserve signaled last week that U.S. interest rates will stay low for some time after the end of its bond- purchase program.

#Cars* Fastest production Jaguar in history to make its debut at Goodwood

JUNE began with Jaguar Land Rover announcing that it was launching a Special Operations Division that would be tasked with developing, in the words of the company’s John Edwards: “a suite of products and services that enable our most discerning and enthusiastic customers to indulge their passion for our cars”.

IDB aims to triple size of infrastructure fund to $2 bln

(June 27): The Islamic Development Bank (IDB) has relaunched its infrastructure fund with backing from Saudi Arabia, Bahrain and Brunei, aiming to raise $2 billion - almost triple the size of the original fund.Jeddah-based IDB, a multilateral lender that promotes economic development in Muslim countries and communities, has ramped up its development efforts after it more than tripled its author

#The Arts* Making soapies in Kabul

TO HELP keep herself safe and sane while making television dramas in Afghanistan, Australian producer Trudi-Ann Tierney devised an ever-more elaborate game of hide-and-seek in her head in case the Taliban launched a surprise attack.Imagining what it would be like to hide in the top of a wardrobe, the middle of a lake or buried among a herd of goats, she mentally weighed the pros and cons of the

Petrofac sets up $1.25 billion fund with First Reserve, M'sian assets among acquisition

(June 26): Petrofac Ltd. and First Reserve Corp. agreed to set up a $1.25 billion fund to buy energy infrastructure assets.First Reserve and its investors will fund about 80 percent of PetroFirst Infrastructure Partners, with Petrofac adding as much as $250 million in assets and cash, the U.K.’s largest oil and gas engineer said in a statement.