KANGAR: A total of 269 projects worth RM6.46 billion have been proposed for implementation in Perlis for the 10th Malaysia Plan (10MP), the Perlis State Assembly sitting was told on April 6.

Menteri Besar Datuk Seri Dr Md Isa Sabu said the agricultural sector had the most with a total of 102 projects estimated to cost RM2.2 billion.

GEORGE TOWN: Boustead Holdings Bhd has submitted a RM60 million compensation claim from the Penang Island Municipal Council (MPPP) for having to scale down its Royale Bintang Hotel project from 12 floors to five.

JAKARTA: Indonesia's central bank kept interest rates unchanged as expected but emphasised that subdued price pressures meant inflation this year would be at the lower end of its target range, signalling it was in no rush to raise rates.

SYDNEY: Australia's central bank raised its key cash rate by 25 basis points to a 14-month high of 4.25% on Tuesday, April 6 and flagged further moves ahead as the resource-rich nation rides a tide of Asian demand.

NEW YORK: The US office vacancy rate in 1Q reached its highest level in 16 years, but the decline in rents eased and crept closer to stabilisation, according to a report by real estate research firm Reis Inc.

SINGAPORE: Perennial Real Estate, a firm set up by CapitaLand’s former retail chief Pua Seck Guan, plans to launch private equity funds that will invest in shopping malls in China and Singapore to tap the region’s growing consumer demand.

Malaysian Resources Corp Bhd (MRCB)

(April 5, RM1.69)

KUALA LUMPUR: MTD Capital Bhd has completed the disposal of its MTD Building and Bangunan Shell Malaysia to Haluan Gigih Sdn Bhd, the company told Bursa Malaysia on April 5.

KUALA LUMPUR: A prime development land with an indicative worth of RM19.6 million within the upmarket U-Thant enclave near the Kuala Lumpur City Centre is being put up for sale via bidding exercise.

ABU DHABI: Some 66 hotels and hotel apartments across Abu Dhabi emirate reduced hotel carbon emission by 5,246 kilogramme during the March 27 Earth Hour global conservation exercise, Emirates news agency (WAM)
said.