KUALA LUMPUR: Bioremediation Solutions Sdn Bhd (Bioremeds) is looking into working with developers and factory owners to clean up rivers in the Klang Valley using Effective Micro-organisms (EM) technology.

Lots of potential but uncertain in near term

Earnings visibility still in doubt

LONDON: A wave of affluent Chinese are investing in new blocks of flats rising in and around London's former wharves and docks -- now among the most sought-after locations in the city. Others are buying large homes in prime central London.

HONG KONG: Beijing's credit crackdown targeting homebuyers has had the desired effect, emptying sales rooms during the long Labour Day weekend and dampening housing demand.

SYDNEY: Approvals to build new homes in Australia surged by the most in over seven years in April as the hard-hit apartment sector made a welcome comeback, cementing the outlook for a construction boom this year.

Other data out on Wednesday, May 5, showed sales of new vehicles ran red-hot in April while the country's service sector returned to growth as sales and employment revived.

KUALA LUMPUR: The Malaysia-Singapore Joint Ministerial Committee (JMC), which was set up to explore avenues for collaboration between the two countries, could provide a boost to Iskandar Malaysia.

KUALA LUMPUR: SBC Corporation Bhd has terminated a joint land development agreement with TM Facilities Sdn Bhd (TMF) with immediate effect due to the failure in obtaining approvals from the relevant land authorities for the proposed project.

PUTRAJAYA: About RM600 million will be saved in the construction of six Universiti Technologi Mara (UiTM) campuses through the Private Finance Initiative (PFI).

PENANG: Datuk Keramat state assemblyman Jagdeep Singh Deo from DAP on May 4, expressed concern over financial implications that the state may face, to build the proposed Penang International Convention Centre (PICC).

Jagdeep said building the PICC may have financial implications to the state as the cost of building the PICC would be borne by the local council.

KUALA LUMPUR: The first nuclear power plant is expected to start operations in 2021, said Energy, Green Technology and Water Minister Datuk Seri Peter Chin Fah Kui.

He said his ministry has been given approval by the Economic Council to start identifying suitable sites for the plant, adding that the countdown for nuclear power began three weeks ago.