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Phuket tourist arrivals in 2010 hit new highs at 3.5 million

PHUKET: Phuket tourist arrivals saw a 22% increase to 3.5 million in 2010 compared to the previous year, the highest record ever, according to 2010 Phuket Hotel Market Update, the latest market research report by consultancy firm C9 Hotelworks released on Tuesday, Jan 25.

Mah Sing (CIMB Research) maintain outperform; target price RM3.30

• Maintain OUTPERFORM. Mah Sing is continuing with its aggressive and transformational landbanking exercise that should catapult it into the big league. We believe it is ripe for a major re-rating given its excellent track record in execution and  wildly successful “quick turnaround” model.

December existing home sales in US jump

WASHINGTON: Existing-home sales in the US rose sharply in December when sales increased for the fifth time in the past six months, according to the National Association of Realtors (NAR).

New rural model about to take shape in Vietnam

HANOI: A model of new rural areas, where the central role of the people is "upheld" in every activity they participate in, is taking shape thanks to a pilot programme to be carried out in 11 communes nationwide since 2009, reports Vietnam News Agency.

City&Country: Cover Story-- Snapped UP

The office market in Kuala Lumpur City Centre has been rather lacklustre of late. However, at a recent preview of a stratified office project in Kuala Lumpur’s Golden Triangle, the response far exceeded expectations.

City&Country: 1 Mont’Kiara opens for business

The RM333 million deal to acquire a portion of the 1 Mont’Kiara mixed commercial development by ARA Asia Dragon Fund — an affiliate of Hong Kong tycoon Li Ka-Shing-linked Cheung Kong Group — from Ireka Corp Bhd’s subsidiary London Stock Exchange-listed Aseana Properties Ltd was completed on Dec 31, 2010.