PENANG: Penang's first ICT mall at Kompleks Tun Abdul Razak (Komtar) is expected to open its door for business on Sept 1.

Chief Minister Lim Guan Eng said the renovation on the first ICT mall in the northern region had reached 30%.

KUALA LUMPUR: The RM270 million Axis Pandan urban redevelopment, the maiden project of RK Group Holdings (M) Sdn Bhd, will be completed by year-end, says group managing director Datuk Roslan Khalid.

KUALA LUMPUR: Wyndham Hotel Group, the world's largest hotelier by hotel numbers, launched its top-tier Wyndham Grand Collection in China through a strategic partnership with Greater China Hospitality (HK) Ltd, in an effort to further strengthen its presence in the country, reported the Shanghai Daily and Xinhua on April 10.

BEIJING: Railway authorities will pay up to 30 million yuan (RM14.09 million) in compensation after construction of a high-speed railway caused the earth to sink, damaging houses in parts of Guangzhou, capital city of southern China's Guangdong Province, Xinhua reports Monday (April 12).

Preferred construction pick

· Sunway City gained 21.8%

Construction sector
Maintain overweight: The federal government is studying a proposal to extend the new light rail transit (LRT) line between Kota Damansara and Cheras to Sungai Buloh and Kajang, according to reports.

George Kent (M) Bhd (G Kent) and its consortium partners appear to be in the driving seat for RM500 million worth of jobs under the Pahang-Selangor interstate raw water transfer project (IRWT), said TheEdge Weekly over the weekend.

BOAO, China: Commercial property developer SOHO China said it plans to increase its investments in 2010, but will be cautious in the face of domestic housing prices it believes are rocketing at unsustainable rates.

HONG KONG: The warnings about a bubble in mainland property prices continue to come in thick and fast.

On Friday, billionaire hedge fund manager George Soros - famed as the man who broke the Bank of England - declared "there is undoubtedly a bubble in real estate" in China that, he warned, could reverberate around the world if it burst.