SEOUL: Sales growth at South Korea's top three department stores in April almost doubled, government data showed on Tuesday, adding to evidence of a sustained recovery in Asia's fourth-largest economy.

KUALA LUMPUR: I-Bhd's pre-tax loss for its first quarter ended March 31, 2010 fell to RM1.45
million from RM1.681 million in the same quarter last year. Revenue fell to RM819,000 from RM1.467 million previously.

LONDON: British commercial property values rose 0.8 percent in April, half the growth rate in March as the market's run-up in prices lost momentum, the Investment Property Databank (IPD) said on Monday, May 17.

KUALA LUMPUR: A legislative framework is key to ensure wide-spread adoption of green technology, said several experts in the field.

KUALA LUMPUR: KLCC Property Holdings Bhd (KLCCP)’s group revenue for its financial year ended March 31,2010 rose by 2% to RM881.3 million compared with RM866.5 million in the previous financial year ended March 31, 2009.

KUALA LUMPUR: The Malaysian Endowment Foundation is building five 3-star hotels on its endowment land in Terengganu, Perak,Melaka, Negeri Sembilan and Kelantan.

Minister in the Prime Minister's Department Datuk Seri Jamil Khir Baharom said on Monday May 17 the hotels, which cost RM100 million each, were expected to be completed between next year and 2012.

KUALA LUMPUR: Salcon Bhd's unit Salcon Engineering Bhd (SEB) secured a RM84.21 million contract from Pengurusan Aset Air Bhd (PAAB), bringing its total order book value to a whopping RM1.3 billion.

The new contract is for the design and build of a water treatment plant and associated work at Sg Labu, Selangor, said Salcon in a statement on Monday May 17.

KUALA LUMPUR: Sunway Creative Stones Sdn Bhd (Abu Dhabi Branch), a 70% owned subsidiary of Sunway Construction Sdn Bhd, which in turn is a wholly-owned subsidiary of Sunway Holdings Bhd has accepted a letter of award for a sub-contract worth AED74.5 million (about RM65.69 million) on May 13.

KUALA LUMPUR: Sunway Geotechnics (M) Sdn Bhd, a wholly-owned subsidiary of Sunway Construction Sdn Bhd which in turn is a wholly-owned subsidiary of Sunway Holdings Bhd has on May 17 accepted the letter of award for a RM88 million contract from Sunway City Bhd (SunCity).

KUALA LUMPUR: JPK Holdings Bhd, a manufacturer of precision plastic injection moulded parts is selling off 40 of its properties at a total value of RM5.12 million.

Its unit JPK (Malaysia) Sdn Bhd had on May 14 entered into sale and purchase agreements with respective purchasers for the disposal of the properties, it said in a listing on Bursa Malaysia on Monday May 17.