SINGAPORE: Singapore's Universal Studios located within Resorts World Sentosa (RWS) on Sentosa Island is officially set to open to the public on Thursday (March 18).

The Hollywood movie themed-park opening would cap Malaysia's Genting-owned RWS's phased development of the US$4.4 billion (RM14.62 billion) project.

KUALA LUMPUR: Ho Hup Construction Co Bhd's EGM scheduled for Wednesday (March 17) will proceed after the court had on Tuesday, March 16 declined to grant an injunction sought by Extreme Systems Sdn Bhd.

Extreme Systems is a private company controlled by Ho Hup deputy chairman Datuk Vincent Lye Ek Seang.

HANOI: Beginning this April 26, all purchases or construction of offices abroad worth US$10 million (RM33.26 million) or more, which will be used by State budgets, will have to get a nod from the Prime Minister, a new regulation said.

HONG KONG: A family of seven spanning three generations lives like sardines, crammed into a 700 sq ft Home Ownership Scheme (HOS) flat in Shau Kei Wan. But despite the crowded living conditions, the Huang family has no plans to look for a bigger flat. The reason is simple: they cannot afford to.

KUALA LUMPUR: The court will announce its decision today (March 16) on whether it could consider granting an injunction to block Ho Hup Construction Co Bhd’s EGM planned for tomorrow (March 17).

KUALA LUMPUR/TOKYO: Bank Negara Malaysia said it may increase interest rates further to avert asset bubbles and discourage risky investments by people seeking better returns, even as inflation will likely remain “modest” this year.

BOSTON: The US housing market is poised to withstand the removal of government and US Federal Reserve stimulus programmes and rebound later in the year, contributing to annual economic growth for the first time since 2006.

SYDNEY: Centro Properties Group, the Australian developer that posted a A$3.5 billion (RM10.6 billion) loss last year, is selling its Surfers Paradise mall after failing to attract investors to replace those withdrawing funds.

KUALA LUMPUR: Kumpulan Perangsang Selangor Bhd (KPS) has entered into a sales and purchase agreement with SAP Holdings Bhd, a wholly-owned subsidiary of Kumpulan Hartanah Selangor Bhd (KHSB), to acquire Wisma SAP for RM7 million on March 15.

LONDON: Upmarket British retailer Liberty is selling its distinctive mock Tudor department store building in London's West End for 41.5 million pounds ($62.9 million) to pay off debt, it said on Monday (March 15).