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KUALA LUMPUR: Kuala Lumpur Kepong Bhd (KLK) recorded a net profit of RM304.1 million for its first quarter ended Dec 31, 2011 (1Q 2011), up from its net profit of RM241.8 million net profit posted a year ago.

Its revenue rose to RM2.42 billion in 1Q 2011 from RM1.74 billion a year ago.

KUALA LUMPUR: Bina Goodyear Bhd posted a net loss of RM163,000 for its second quarter ended Dec 31 2010 (2Q 2010), on the back of revenue of RM59.2 million.

This marked a turnover decrease of 19% from the RM73.4 million posted a year ago, while its net loss was down from the RM486,000 net profit from a year ago.

SHAH ALAM: Leading property developer S P Setia Bhd is looking to create a cultural hub, alongside with other developments on land in Bangsar that currently houses five National Institute of Health agencies.

DUBAI: Indonesia's property market is set for growth, according to a report by Oxford Business Group (OBG) released on Tuesday, Feb 22.

The report said that the robust growth in the country's economy, which is forecast to grow between 6% and 7%, will have a spillover effect to the real estate market.

SHAH ALAM: Top property developer S P Setia Bhd is planning to launch the first phase of the long-awaited RM6 billion Kuala Lumpur Eco City (KLEC) in Bangsar by April.

TIANJIN: It is arguably the very last structure anyone would expect to see rising from the flat industrial plains outside Tianjin: a Palace of Versailles-styled chateau fronted by a gleaming glass pyramid a la Musee du Louvre.

HONG KONG: Jewellers and luxury international brands have edged out restaurants in the upmarket IFC Mall in Central.

Commercial landlord Sun Hung Kai Properties has revamped the tenant mix of its joint-venture retail arcade by not renewing lease agreements with 10 restaurants to make room for those willing to pay much higher rents for the prime space.

MELBOURNE: Overseas students say accommodation and living costs are too high in Australia, a survey has found.

The International Student Barometer (ISB), a survey for Universities Australia, the peak representative body for universities, received responses from more than 36,000 international students.

KUALA LUMPUR: Amcorp Properties Bhd recorded a net loss of RM2.17 million for its third quarter ended Dec 31, 2010 (3Q 2010) on the back of revenue of RM24.34 million.

Its results represented a substantial change from a year ago where net profit and revenue of RM12.29 million and RM44.14 million were recorded, it said on Tuesday, Feb 22.