BRUSSELS: European finance ministers said on Tuesday that Dubai's debt troubles would have little impact on their region, which is emerging from recession.

"What we understand today is there is no systemic risk," French Economy Minister Christine Lagarde said. "It's not a drama for the world of finance and the impact seems to be essentially regional."

KUALA LUMPUR: The opposition will file an emergency motion in parliament to ask for the declassification of the Bukit Antarabangsa landslide report as the minister in charge has been silent on the matter.

KUALA LUMPUR: The special committee set up to investigate the Kuala Dipang suspension bridge collapse in Perak has found the main cause of the collapse to be the failure of the concrete foundation block at the Pylon A to support the additional weight on the back-stay cables.

KUALA LUMPUR: Viva Home, a one-stop centre for home products and related services, is expected to be unveiled on Jalan Loke Yew here in a year’s time.

KUALA LUMPUR: The Nomad Group Bhd announced today the appointment of Roy Winston George as CEO.

George is a chartered accountant and started his career in an international accounting firm. Prior to joining Nomad, he has held several senior positions in financial services companies.

KOTA KINABALU: Heavy rain for six hours caused a landslide at Kilometer 65 of the Kota Kinabalu-Ranau road at the foot of Gunung Kinabalu early today, leaving hundreds of vehicles stranded.

The landslide, which occurred at about 1am covered a 100m stretch of the hillside road not far from the route to the Kinabalu National Park near Kundasang.

KUALA LUMPUR: The housing and local government has already fully revived 12 housing projects and is in the midst of rehabilitating another 90, but there are still 46 abandoned projects on the books.And according to Housing and Local Government Minister Datuk Seri Kong Cho Ha, these projects are "difficult to revive"."Some of these projects are not commercially viable anymore due to the time fac

KUALA LUMPUR: Rental values in UK commercial property are expected to fall by at least 6% in all sectors in 2010, with continued declines anticipated in some sectors in 2011, according to Colliers International’s November CRE/EG Capital Investor Pricing survey released by Capital Economics on Nov 30.

PETALING JAYA: Some 2,375 hectares (ha) of land have been identified by the Selangor government for regeneration and redevelopment, Menteri Besar Tan Sri Abdul Khalid Ibrahim said.The areas were identified in the Local Plans and Draft Local Plans of Petaling Jaya, Klang, Ampang Jaya and Kajang, in line with the policies of the State Structure Plan, he told the International Conference on Urban

PETALING JAYA: The regeneration and redevelopment of Sections 51 and 52 here is of national importance for the survival of the country and the economy, says an experienced town planner.

Committee member of the Malaysian Institute of Planners Ahmad Jefri Clyde said Section 52 was a natural choice for redevelopment as it had train lines and would be easy to execute.