Some years ago, Malaysia initiated the Malaysia Building Integrated Photovoltaic (MBIPV) Project, with co-financing from the Global Environment Facility and disbursed through the UNDP. Its main objective is to reduce the long-term cost of solar BIPV technology and address the country’s long-term energy supply security.

Mention Waz Lian Group and you are likely to get blank stares. That’s not surprising as the company has deliberately kept a low profile although its property arm has been active in the industry for over a decade. It may call itself a small developer but it has amassed some 1,500 acres of land with some notable parcels in the Klang Valley and Penang.

The term “solar energy” is not new to us — electricity is generated from the sun’s rays, directly via photovoltaics (PV) or indirectly through concentrating solar power.  The latter uses the sun’s energy to boil water, which is then used to provide power. But let’s be honest, most of us wouldn’t know a PV cell or a solar cell if it hit us in the face.

Sunrise Bhd, which surprised the market with its partnership with Sime Darby Property to develop a prime commercial project in Shah Alam’s Bukit Jelutong, looks set to pull off another winner.

The local property mortgage market broke into a fierce price war last year as banks tried to outdo each other, wooing customers with innovative, flexible and competitively priced loan packages.

The Manhattan Loft Corp (MLC) CEO Harry Handelsman is a driven man, and he loves his work in property development. “There is an opportunity to make a difference.

GEORGE TOWN (Penang): The iconic Komtar which used to be the centre of commerce and hub of activity will soon to restored to its former glory.

KUALA LUMPUR: Hua Yang Bhd has acquired additional shares in Sunny Mode Sdn Bhd from Nestin Sdn Bhd for RM1 each.

KUALA LUMPUR: The Association of Banks in Malaysia (ABM) believes the overnight policy rate (OPR), which was raised 25 basis points to 2.25%, will continue to support economic growth in Malaysia and it is unlikely to be a strain on the borrowers' cash flow and repayment ability.

PETALING JAYA: Space U8 in Bukit Jelutong, Shah Alam will open its doors to the public in July 2010. The 4-storey commercial project with a built-up of 700,000 sq ft is built on a hybrid concept of dual frontage, featuring shop offices on the outer frontage with an inner façade of retail outlets.