KUALA LUMPUR: Some RM70 billion worth of business could potentially be generated from renewable energy plants by 2020 as a result of the national renewable energy policy, said Ahmad Hadri Haris, the national project leader of the Malaysia Building Integrated Photovoltaic (MBIPV) project.

“This can generate a tax income of some RM1.75 billion to government,” he said.

HONG KONG/SINGAPORE: The success of Singapore's first real estate trust offering this month has prompted talk that other similar, previously shelved, offerings are now being dusted off.

India's top real estate firms, DLF Ltd and Unitech Ltd may revive their Singapore IPO plans, banking sources said, while the Embassy Group is actively looking into raising funds in the city state.

SHANGHAI: China's biggest homebuilder, China State Construction Engineering Corp (CSCEC), posted big gains in its construction and real estate business in the first quarter, but growth slowed in March in response to government curbs.

KUALA LUMPUR: Talam Corp Bhd announced on Bursa Malaysia on April 12 that it proposes to dispose of land, subject to shareholder approval, to settle its balance of debt with Menteri Besar Selangor Incorporated (MBI) amounting to about RM150.62 million.

KUALA LUMPUR: Johor-based developer Crescendo Corp Bhd (CCB) announced on Bursa Malaysia on April 12, that its wholly-owned subsidiary, Panoramic Industrial Development Sdn Bhd (PIDSB) has agreed to sell two pieces of land in Nusa Cemerlang Industrial Park, Gelang Patah, Johor along with two units of 2-storey detached factory buildings with a total built-up area of 45,261 sq ft to be built by P

KUALA LUMPUR: Seventeen houses in Kampung Malaysia Tambahan in Sungai Besi and three others in Salak Selatan were damaged during a storm, which hit the city on April 11.

Two blocks of People's Housing Project (PPR) flats in Pantai Dalam also had their roof ripped off by the strong wind.

KUALA LUMPUR: The recovery of Malaysia’s property market is weighed down by new supply, according to DTZ’s research report, Malaysia Property Times 1Q2010.

KUALA LUMPUR: Shangri-La Hotel, Kuala Lumpur has won the BrandLaureate Awards 2009-10 for Best Brand in the hospitability industry, Best Business Hotel. The award was presented at a gala dinner held at the Shangri-La Kuala Lumpur on March 26.

In a statement here, Shangri-La Hotel, Kuala Lumpur said, this is the fourth consecutive year it had won the award.

MILAN: At least six people were killed and 25 injured on Monday, April 12 when a landslide derailed a local train carrying commuters and students near the city of Bolzano in northern Italy, emergency services said.

"Six or seven people were killed but the death toll could get worse," said Florian Schroffenegger of the fire services department of Bolzano, in the Alto Adige region.

KUALA LUMPUR: Cyberjaya, Malaysia's first and foremost cybercity, has won the BrandLaureate Award 2009-2010 for the Best Brand in Corporate Branding under the National Information and Communications Technology (ICT) Hub category, for the third consecutive year.

In a statement on April 12, the landowner and developer of Cyberjaya, Cyberview