OSAKA: Three months after eastern Japan was struck by a massive earthquake and tsunami, gloom has once again settled over Osaka's long-depressed property market.

KUALA LUMPUR: Mudajaya Group Bhd is expecting to add another RM1 billion worth of jobs to its order book over the next 12 months, according to its managing director Ng Yin Loong.

"We are currently bidding mostly for power plants, some hospital contracts and other works such as the LRT extension packages," he said after the company AGM.

KUALA LUMPUR: Deputy Prime Minister Tan Sri Muhyiddin Yassin on Wednesday, June 22 urged Malay contractors to create their own opportunities to be involved in achieving government targets.

He said they should identify new areas and markets for themselves and be bold in diversifying their business.

PETALING JAYA: Prime Minister Datuk Seri Najib Razak announced on Thursday, June 23 that a 1Malaysia people's housing project would be developed on a piece of land at the Sungai Besi airbase in Kuala Lumpur.

KUALA LUMPUR: United Malayan Land Bhd (UMLand) plans to launch more new projects with a total gross development value (GDV) nearing RM500 million in the financial year ending Dec 31, 2011.

KUALA LUMPUR: Property developer Magna Prima Bhd has launched shop offices at its latest integrated development Boulevard Business Park@Jalan Kuching.

The business park covers an area of over 10.23 acres, and has a gross development value (GDV) of RM572 million. Already two blocks (out of eight) have been sold at the launch on Wednesday, June 22.

KUALA LUMPUR: As lobbying for a casino licence in Miami, US goes on, Tan Sri Lim Kok Thay's Genting Group is looking at opening Resorts World New York as early as Oct 1, though works are taking longer than expected due to the historic Aqueduct's aged structure, a company official said.

KUALA TERENGGANU: The Kuala Terengganu City Council (MBKT) is planning a number of big projects under the Tenth Malaysia Plan (10MP) for the comfort of residents here.

SHAH ALAM: Industrial packaging manufacturer Scientex Bhd posted a higher net profit for 3QFY11 ended April 30, with the bottomline figure increased by 21.2% year-on-year (y-o-y) to RM20.39 million.

KUALA LUMPUR: Syarikat Prasarana Negara Bhd has issued the letter of award to CMC-Colas-Uniway (CCU) to undertake works on the Kelana Jaya Line extension project worth RM673.92 million.

In a statement on Tuesday, June 21, Prasarana said the job entailed the engineering, procurement, construction, testing and commissioning of system works for the project.