Supermarket forced to close after stampede at opening
PETALING JAYA (Sept 6): A supermarket in China’s Sichuan province had to close temporarily shortly after its opening due to a stampede.
Latest birth of cloned cat renews interest in pet cloning
The birth of "Garlic", a British shorthair, in Beijing has netizens abuzz with the news and pictures of the cute kitten being circulated online.
Parkson narrows 4Q net loss on profitable Malaysian operations, higher profits in China
KUALA LUMPUR (Aug 29): A profitable performance in its Malaysian operation and higher profits in China have helped Parkson Holdings Bhd narrowed its net loss in the fourth financial quarter ended June 30, 2019 (4QFY19).
Steep fees in retirement homes driving Hong Kongers to mainland China
PETALING JAYA (Aug 21): A few years ago, Hong Kong citizens shirked from the idea of spending their golden years in mainland China, when the government tried to encourage its elderlies to move to retirement homes in Guangdong to counter housing scarcity in the densely-populated Hong Kong.
Amcorp Properties JV to buy Shanghai office blocks for RM865m
KUALA LUMPUR (Aug 7): Amcorp Properties Bhd's (AMPROP) indirect wholly-owned subsidiary Amcorp Dynamic Ltd will acquire a 40% stake in Daning Partners Ltd for US$22.
ECRL committee shortlists 331 potential bidders for 4Q tender call
KUALA LUMPUR (Aug 2): A total of 331 out of 1,321 Malaysian construction companies have been shortlisted as potential tenderers for civil work packages of the planned RM44 billion 640-km East Coast Rail Link (ECRL), which is expected to link Kota Bharu to Putrajaya in about four hours, said project and asset owner Malaysia Rail Link Sdn Bhd (MRL).
HK buyers taking up local properties rapidly
PETALING JAYA (Aug 2): Local properties are seeing some rapid take-ups from Hong Kong buyers who are seeking alternatives amidst the current social unrest.
Hong Kong house prices dip for first time in 6 months
HONG KONG (July 31): House price in Hong Kong has finally taken a dip after holding up for six months amidst the external year-long trade war between US and China, as well as internal mass street demonstrations.
MoF didn't order seizure of RM1b from China Petroleum, says Guan Eng
KUALA LUMPUR (July 15): Finance Minister Lim Guan Eng said the reported seizure of more than RM1 billion of funds held by China Petroleum Pipeline Engineering Ltd (CPP) was not done under his ministry's instruction.
Chinese investments bring huge economic potential
KUALA LUMPUR: Rising investments from China can bring immense economic potential to Malaysia, but there needs to be a higher level of transparency and accountability in such state-business relations to prevent power abuse, according to economists.
