News about S

KUALA LUMPUR (May 11): The Malaysian Investment Development Authority (MIDA) and the Construction Industry Development Board (CIDB) believed productivity, safety and competitiveness among industry players will be enhanced with the greater adoption of Industrialised Building Systems (IBS).

KUALA LUMPUR (May 11): WCT Holdings Bhd will embark on a strategy to focus on demand oriented property sales and land value enhancement, said WCT deputy managing director Goh Chin Liong (pictured) as reported in The Edge Financial Daily today.

KUALA LUMPUR (May 11): Some experts say the future High-Speed Rail (HSR) link between Kuala Lumpur and Singapore is not designed for daily commuting purposes, the Straits Times (ST) reported.

Property sector Maintain overweight: Recent statistics released by the National Property Information Centre (Napic) revealed that overall property transaction value was up +7% year-on-year (y-o-y) to RM163 billion, while volume changed hands rose +0.

• This week the spotlight falls on Brickfields, which is enjoying healthy interest spurred by the ongoing development of KL Sentral and its proximity to the city centre.

PETALING JAYA (May 11): The property market in Perlis recorded a total of 3,927 transactions last year, up 9.

KUALA LUMPUR (May 9): 1Malaysia Development Bhd (1MDB) should appoint an international, independent auditing firm to examine its accounts, Datuk Seri Hishammuddin Hussein (pictured) said today, adding that this would help dispel public concerns over the debt-ridden state investment firm.

KUALA LUMPUR (May 9): Before investigating those responsible for leaking the Tabung Haji-1MDB land deal documents under the Official Secrets Act (OSA), police first have to determine whether the documents were classified under the Act, said former Attorney-General Tan Sri Abu Talib.

PETALING JAYA (May 8): Datuk Saifuddin Abdullah (pictured) today questioned the conflict of interest arising from revelations that a top executive of Lembaga Tabung Haji (TH) also sat on the board of state investment vehicle 1Malaysia Development Bhd (1MDB).

PETALING JAYA (May 8): Mah Sing Group Bhd has won the "Five-Star for Leisure Development" award for The Loft @ Southbay City in Penang and the "Highly Commended for Commercial High-Rise Architecture for Malaysia" award for D'Sara Sentral at the Asia Pacific Property Awards for 2015-2016.