KUALA LUMPUR: Bina Goodyear Bhd posted a net loss of RM163,000 for its second quarter ended Dec 31 2010 (2Q 2010), on the back of revenue of RM59.2 million.

This marked a turnover decrease of 19% from the RM73.4 million posted a year ago, while its net loss was down from the RM486,000 net profit from a year ago.

SHAH ALAM: Leading property developer S P Setia Bhd is looking to create a cultural hub, alongside with other developments on land in Bangsar that currently houses five National Institute of Health agencies.

DUBAI: Indonesia's property market is set for growth, according to a report by Oxford Business Group (OBG) released on Tuesday, Feb 22.

The report said that the robust growth in the country's economy, which is forecast to grow between 6% and 7%, will have a spillover effect to the real estate market.

SHAH ALAM: Top property developer S P Setia Bhd is planning to launch the first phase of the long-awaited RM6 billion Kuala Lumpur Eco City (KLEC) in Bangsar by April.

TIANJIN: It is arguably the very last structure anyone would expect to see rising from the flat industrial plains outside Tianjin: a Palace of Versailles-styled chateau fronted by a gleaming glass pyramid a la Musee du Louvre.

HONG KONG: Jewellers and luxury international brands have edged out restaurants in the upmarket IFC Mall in Central.

Commercial landlord Sun Hung Kai Properties has revamped the tenant mix of its joint-venture retail arcade by not renewing lease agreements with 10 restaurants to make room for those willing to pay much higher rents for the prime space.

MELBOURNE: Overseas students say accommodation and living costs are too high in Australia, a survey has found.

The International Student Barometer (ISB), a survey for Universities Australia, the peak representative body for universities, received responses from more than 36,000 international students.

KUALA LUMPUR: Amcorp Properties Bhd recorded a net loss of RM2.17 million for its third quarter ended Dec 31, 2010 (3Q 2010) on the back of revenue of RM24.34 million.

Its results represented a substantial change from a year ago where net profit and revenue of RM12.29 million and RM44.14 million were recorded, it said on Tuesday, Feb 22.

KUALA LUMPUR: MMC Corporation Bhd achieved a net profit of RM344.94 million for its financial year ended Dec 31, 2010 (FYE 2010) compared to a net profit of RM233.62 posted a year ago.

Its net profit for the fourth quarter (4Q 2010) was RM104.60 million, down from the RM108.60 million recorded a year ago.

KUALA LUMPUR: Selangor Dredging Bhd's pre tax profit for the third quarter ended Dec 31, 2010 rose to RM9.812 million from RM6.341 million in the same quarter of 2009.

Its revenue increased to RM105.095 million from RM58.946 million previously.

For the nine-month period, its pre-tax profit rose to RM28.040 million from RM15.060 million in the same period of 2009.