KUALA LUMPUR: The Information Communication and Culture Ministry will expose the states and local authorities (PBTs), which are dilly-dallying in approving the construction of telecommunication towers in their respective areas.

BANGKOK: Thailand will not renew property tax breaks when they expire at the end of March as the economy is recovering, but it will maintain some subsidies aimed at helping poorer people, the finance minister said on Feb 23.

KOTA KINABALU: Sabah will receive RM100 million from the Rural and Regional Development Ministry under the Housing Assistance Programme this year.

With the allocation, Chief Minister Datuk Seri Musa Aman said, the state government hoped to build more houses for the hardcore poor as compared to last year.

KUALA LUMPUR: Property developer, Tradewinds Corp Bhd, slipped into the red in the financial year ended Dec 31, 2009, recording a pre-tax loss of RM6.839 million compared to a pre-tax profit of RM231.063 million in 2008.

SIBU: Datuk Seri Najib Tun Razak has announced a special allocation of RM35 million for three projects to improve living condition in four resettlement schemes in the Rajang Security Command (Rascom) area.

KUALA LUMPUR: Hwang DBS Investment Management Bhd last week declared an interim income of 0.75 sen for the HwangDBS Global Property Fund this year for its financial year ending Feb 28, 2010.

Reaffirm NEUTRAL

UEM Land Holdings (ULHB) 4Q09 results beat our expectation. 4Q09 earnings and pretax profit accounted for >100% of both ours and consensus full year estimates.

Hold rating is maintained

KUALA LUMPUR: Phase 3 of Symphony Heights’ high-rise residential development is targeted for launch in the third quarter of this year.

PUTRAJAYA: Malaysia is committed to slashing 40% of its carbon emission levels by the year 2020. Minister of Federal Territories and Urban Well-being Datuk Raja Nong Chik said the reduction is based on emission levels recorded in 2005.