SEOUL: Korea’s engineering prowess had helped to shape what Malaysia is today, said Prime Minister Datuk Seri Najib Tun Razak.Addressing the "Investment Seminar on Business Opportunities in Malaysia" here on Tuesday, April 5, he cited the Petronas Twin Towers as well as the Penang Bridge as among the big Korean-led projects which influenced Malaysia’s landscape for the better.

KUALA LUMPUR: The integrated Safe City Monitoring Programme introduced by Housing and Local Government Ministry has helped reduce street crimes by 25 percent and overall crime rate by 5 percent.

Housing and Local Government Minister Datuk Chor Chee Heung said the system, introduced since January, integrates the local government, police and local council.

KUALA LUMPUR:  Malaysia's tourism industry's expansion can open up significant investment opportunities in the hospitality secto,Tourism Minister Datuk Seri Dr Ng Yen Yen said

KUALA LUMPUR: Sunway City Bhd’s (SunCity) latest launch – LaCosta lakeside condominium at Sunway South Quay within the Sunway Integrated Resort City (SIRC) has seen an average 50% sales for the three blocks it launched last weekend. The project has four blocks in total with an estimated gross development value (GDV) of RM400 million.

KUALA LUMPUR: The Australian real estate investment market is expected to surpass the AUS$16 billion level in transactions this year compared to 2010, according to DTZ Research in its Investment Market Update Australia 1Q2011 report on Friday, April 1.

KUALA LUMPUR: Malaysian Resources Corp Bhd (MRCB) has tendered for some RM2 billion worth of projects including building projects and packages of the light rail transit (LRT) extension project.

KUALA LUMPUR: The earthquake and tsunami disasters in Japan as well as a potential nuclear fallout in the Fukushima area has not dampened Asia Pacific Land Bhd’s (AP Land) interest in Japan.

AP Land is developing a ski resort apartment project Shiki Niseko in the Niseko region on Hokkaido island, over 600 kilometers away from the disaster site in Fukushima.

Early Bird Catches The Worm

• Possible positive surprises with upcoming Invest Malaysia conference, SPAD’s Urban Rail Network Plan & PEMANDU’s monthly update (much awaited approval for MRT Circle Line?)

• Launches near potential MRT interchanges making waves

Glomac Bhd
Investment Highlights

KUALA LUMPUR: Mitrajaya Holdings Bhd has been awarded the sub-contract work for LRT (light rail transit) Station 3, 4 and 5, TPSS Kinrara 1 and Kinrara 2, Ampang Line Extension Project from Syarikat Prasarana Negara Bhd.