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Emas Kiara buys land for RM5.26m

KUALA LUMPUR (May 15): Emas Kiara Industries Bhd's (EKIB) wholly-owned subsidiary Noblecorp Sdn Bhd has acquired land in Kulai, Johor, from Creative City Development Sdn Bhd for RM5.26 million.

The company will obtain a bank loan to complete the acquisition, which will help it diversify into different businesses including investment.

UK's Royal Mail eyes London property cash boost

LONDON (May 15): Britain's Royal Mail said plans to turn over half of its main London sorting office — Mount Pleasant — into a prime residential hub will be submitted next spring, as the group tries to boost its value ahead of a 2014 privatisation.

Cote D'Ivoire bans street hawking to renew city's image

ABIDJAN (May 15): The Cote d'Ivoire's Public Health Ministry has imposed a ban on hawking in the main streets of Abidjan for the first time in decades to ensure a new image for the city, China's Xinhua News Agency reported.

Zambry: Proposed LCCT in Perak not aimed at competing with other states

IPOH (May 14): The construction of the proposed low-cost carrier terminal in Perak will be a holistic development for the state and a project of such nature will not compete with other states, says Menteri Besar Datuk Seri Dr Zambry Abdul Kadir.

He said the Utara Malaysia Airport Terminal (UMAT) was part of the state's future development for the Northern region.

Chinese-themed shopping mall to be built in Bahrain

Chinese-themed shopping mall to be built in Bahrain

MANAMA (May 14): Bahrain and China signed an agreement on Sunday to build a Chinese-themed retail shopping mall that will host 100 Chinese companies and businesses, Xinhua news agency reported.

Zambry: View proposed LCCT in Northern Perak favourably

IPOH (May 14): The Perak government has called on the federal and neighbouring state governments particularly Penang to view favourably the proposed low-cost carrier terminal (LCCT) in northern Perak as an airport that complements rather than competes with other airports in their respective states.