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Putrajaya set to be more vibrant from commercial activities

PUTRAJAYA: Putrajaya's outlook is set to become more vibrant from commercial activities, said Putrajaya Holdings (PjH) director and chief executive officer, Datuk Azlan Abdul Karim.

He also said Putrajaya's vibrancy in the near future comes with the completion of the commercial development there.

Azlan was speaking during an exclusive media tour of Putrajaya conducted by PjH.

S'pore PM: Property market needs monitoring

SINGAPORE: Singapore Prime Minister Lee Hsien Loong said on Tuesday, Nov 2 the city-state's red-hot property market was a matter of concern and needed careful monitoring to avoid the creation of a bubble.

Building industry reminded to reduce dependence on cheap labour

KUALA LUMPUR: Building contractors were on Tuesday, Nov 2 reminded to be too dependent on cheap labour, but instead use more highly-skilled manpower and practise efficient cost management.

Works Minister Datuk Shaziman Abu Mansor said over-dependence on cheap labour would be counter productive and make the construction industry less competitive and efficient.

Steel industry should take advantage of ETP, urges Judin

KUALA LUMPUR: Leaders of the steel industry should seize the various opportunities offered by the Economic Transformation Plan (ETP), especially key projects under the Greater KL Plan, said Public Works Department director-general Datuk Seri Judin Abdul Karim.

MBAM: 10MP success depends on quick implementation of key projects

KUALA LUMPUR: Speedy implementation of high impact projects is a key challenge to ensure the success of the 10th Malaysia Plan (10MP).

"Any delay in implementation will mean additional costs to the project," said Kwan Foh Kwai, president of the Master Builders Association Malaysia (MBAM) during his welcome address at the Third Malaysian Construction Summit 2010 on Tuesday, Nov 2.

Boustead Holdings targets 25% annual revenue growth from property

KUALA LUMPUR: Boustead Holdings Bhd hopes to achieve 25% annual growth in terms of revenue from its property segment, said group managing director Tan Sri Lodin Wok Kamaruddin.

He said on Tuesday, Nov 2 the property segment contributed about 20% of group revenue at present.

Britain unveils plan for home energy efficiency

LONDON: England's home owners will be able to fit their properties with energy-saving insulation at no upfront cost from the end of 2012 onwards, the government said on Tuesday, Nov 2.

K-Euro disposes of 6.5m Talam shares for RM647,655

KUALA LUMPUR: Kumpulan Europlus Bhd (K-Euro) has disposed of 6.5 million shares or a 0.21% stake in Talam Corp Bhd for RM647,655 on Oct 29 after shareholders gave their approval in an EGM on July 12.

Plenitude Bhd appoints new director

KUALA LUMPUR: Plenitude Bhd on Monday, Nov 1 appointed Tan Yew Ngee as an independent and non-executive director, it said in a Bursa filing on Monday, Nov 1.

The 54-year-old has spent over three decades in the accounting and finance sector and was previously part of senior management in finance-related companies, said the group.