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Construction sector Maintain overweight: Domestic contract awards to listed contractors in the first quarter of 2016 (1Q16) came in at a robust RM29.

FIVE years into the launch of the Low Carbon Cities Framework (LCCF) in Malaysia, we are starting to see some progress.

AN undersupply of affordable housing, particularly in major urban areas, coupled with an oversupply of office and retail spaces, may lead to deeper imbalances in the property market, says Bank Negara Malaysia in its 2015 annual report, which was released recently.

KUALA LUMPUR (April 6): Pelaburan Hartanah Bhd (PHB) continues to be on the lookout for suitable properties for possible injection into Amanah Hartanah Bumiputera (AHB) and to further increase its fund size, said its group managing director and chief executive officer Datuk Kamalul Arifin Othman.

PETALING JAYA (April 5): In conjunction with its 45th anniversary yesterday, Keio Plaza Hotel Tokyo (KPH) will be giving away a special Hello Kitty original doll dressed in a bell staff’s uniform for Hello Kitty room guests from April 1 to June 30.

SHAH ALAM (April 5): The four-star DoubleTree by Hilton i-City Hotel, the second hotel in I-Bhd’s flagship i-City mixed development here, is scheduled to be completed and open for business in 2018.

KUALA LUMPUR (April 5): Prime Minister Datuk Seri Najib Tun Razak (pictured) said the Government would build another 5,000 affordable houses in Miri and Kuching, Sarawak, to ensure more people could own comfortable and safe residential units.

KUALA LUMPUR (April 5): S P Setia Bhd has confirmed its acting president and chief executive officer (CEO) Datuk Khor Chap Jen (pictured) as executive president and CEO, Datuk Wong Tuck Wai as deputy president and chief operating officer (COO), and Choy Kay Yew as chief financial officer (CFO), effective April 1.

KUALA LUMPUR (April 5): IJM Corp Bhd announced a groundbreaking partnership with Facebook last Friday, to bring the business version of Facebook to its 4,600-odd employees across the group.

AN undersupply of affordable housing, particularly in major urban areas, coupled with an oversupply of office and retail spaces, may lead to deeper imbalances in the property market, says Bank Negara Malaysia in its 2015 annual report, which was released recently.