UEM Sunrise takes steps to limit exposure to Iskandar
KUALA LUMPUR (May 21): Property developer UEM Sunrise Bhd is taking steps to limit its exposure to Iskandar Johor as the area has been plagued by oversupply of property development projects.
Deadline delayed for high-speed rail link
PETALING JAYA: Singapore and Malaysia have decided to postpone the 2020 deadline for the completion of a high-speed rail (HSR) link between the city state and Kuala Lumpur, said their prime ministers on May 5, reported The Edge Financial Daily citing a Reuters report.
Loss-making property deals escalate in Singapore
SINGAPORE (May 6): Some 78 loss-making transactions in Singapore have been reported so far this year – up from 46 in 2014 and 45 in 2013.