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MB: Small agricultural land in Perlis can be issued with title

KANGAR: Small agricultural land of less than an acre (0.4ha) in size in the state can now be issued with ownership title, Perlis Menteri Besar Datuk Seri Dr Md Isa Sabu said on Tuesday, Mar 22.

He said the new ruling, effective from January this year, was to reduce too many names being listed on each of the land titles.

South Korea to unveil move to boost housing market

SEOUL: South Korea plans to unveil measures to boost its housing market later on Tuesday, Mar 22, the finance ministry said, in a move likely intended to cushion the impact from an expiry next week of easier borrowing rules brought in last August.

The ministry said in a text message to reporters that the government would unveil the measures at 6.30pm (0930 GMT). It did not elaborate.

Singapore property prices have stabilised

SINGAPORE: Singapore home prices have stabilised after four rounds of measures aimed at cooling the property market, a senior government official said on Monday, Mar 21.

Property prices in Singapore "have sort of stabilised", said Peter Ong, permanent secretary at the ministry of finance at a conference on East Asian development.

US existing home sales dive

WASHINGTON: Sales of previously owned US homes fell unexpectedly sharply in February and prices fell to their lowest in nearly nine years, an industry group said on Monday, Mar 21.

AmResearch reiterates 'buy' call on Benalec

KUALA LUMPUR: AmResearch has reiterated the "buy" recommendation on Benalec Holdings Bhd with a fair value of RM1.90 per share, as the company is estimated to have clinched new contracts worth RM608 million for the financial year-to-date, compared to RM77 million in 2010.

PJI completes tenancy agreement on Wisma PJI

KUALA LUMPUR: PJI Holdings Bhd has entered into a tenancy agreement with Pan Pacific Enterprise Sdn Bhd for the rental of two adjoining units of 3-storey semi-detached factories known as Wisma PJI in Damansara, Petaling Jaya.

Harbour-Link unit awarded RM29m project

KUALA LUMPUR: Harbour-Link Group Bhd's wholly-owned subsidiary Eastern Soldar Engineering & Construction Sdn Bhd (ESEC) has accepted a letter of intent from Chiyoda Sarawak Sdn Bhd for the Tokuyama Malaysia project in Sarawak for a sum of RM29 million.

Benalec unit bags RM37m project

KUALA LUMPUR: Benalec Holdings Bhd's wholly-owned subsidiary Benalec Sdn Bhd has bag a job from Glenmarie Cove Development Sdn Bhd to undertake the proposed earthworks, river protection works and its associated works worth RM37,007,416.