SEOUL: South Koreans' purchases of overseas properties declined during the first quarter from three months earlier as investor sentiment remained sluggish despite steadily improving global economic conditions, data showed Wednesday, May 5.

KUALA LUMPUR: Singapore’s tallest residential tower when completed has received encouraging sales from foreign investors including Malaysians.

PENANG: The Eastern & Oriental Hotel (E&O Hotel) (pictured) in Penang has been ranked among the world’s best hotels in this year’s Expedia Insiders’ Select™ list.

PETALING JAYA: The Master Builders Association Malaysia (MBAM) is looking at purchasing steel bars and cement from overseas markets if domestic building materials prices continue to increase.

KUALA LUMPUR: There is a need for a regional green building council (GBC) co-operative in Asia where countries can look at new technologies, research and development integration as well as benchmark and data collection, said Singapore GBC’s founding board member Lee Siew Eang.

SHAH ALAM: The Selangor state government feels that there are alternative sources of energy and does not see the need to turn to nuclear energy yet.

According to Selangor Menteri Besar Tan Sri Khalid Ibrahim, the state also will not allow such facilities to be built on its land.

CHICAGO: Getz Pharma Malaysia Sdn Bhd, a subsidiary of Getz Pharma (Private) Ltd of Pakistan, plans to acquire 15 acres of land for its facility in techpark@enstek, Bandar Enstek Nilai, announced Malaysian Biotechnology Corp (BiotechCorp) at the Malaysian Pavilion at the BIO International Convention here on May 4.

KUALA LUMPUR: A group of Malaysia My Second Home (MM2H) participants are coming together to form an association tentatively named MM2H (Homers) Association.

KUALA LUMPUR: Bioremediation Solutions Sdn Bhd (Bioremeds) is looking into working with developers and factory owners to clean up rivers in the Klang Valley using Effective Micro-organisms (EM) technology.

Lots of potential but uncertain in near term

Earnings visibility still in doubt