Sudden sinkhole in Harbin
HARBIN, CHINA (August 04): A collapsed sinkhole after heavy rains on August 4, 2018 in Harbin, Heilongjiang Province of China.
Tropicana Corp sets up new unit in China
KUALA LUMPUR (Aug 2): Tropicana Corp Bhd has established a wholly-owned subsidiary, Tropicana Business Consulting (Shenzhen) Pte Ltd (TBCS), in Shenzhen, China, Bernama reported yesterday.
Asia Pacific tops cross-border real estate capital outflow for 2017, says Knight Frank
PETALING JAYA (July 31): Asia Pacific is the top source of cross-border capital outflows for 2017, said global real estate consultancy Knight Frank's "Active Capital: The 2018 Report” which was released today.
This agent will be there even when the banks reject you
Despite an opportunity to advance his acting career in China back in the 1990s, Ivan Teh decided to return to Malaysia and set himself a new career path instead.
ECRL contractor confirms staff layoffs
PETALING JAYA (July 23): China Communications Construction (ECRL) Sdn Bhd (CCC-ECRL) has confirmed that it is rationalising its staff count following the suspension of the East Coast Rail Link (ECRL), without stating the number of employees cut.
ECRL retrenched mostly unskilled workers, says report
KUALA LUMPUR (July 22): The bulk of the about 1,000 workers involved in work on the East Coast Rail Link (ECRL) mega project recently retrenched comprise unskilled daily paid labour, an industry source familiar with the matter told The Star.
Almost half of 2,000 ECRL staff laid off, mostly Malaysians, says report
KUALA LUMPUR (July 21): As the fate of the East Coast Rail Link (ECRL) mega project hangs in the balance, reports are now coming in that there have been significant retrenchments of local workers.
More pain ahead for corporate sector
PETALING JAYA: The market may have begun to show signs of improvement following the Malaysian General Elections, but it is still too early to cheer.
Daim in China to renegotiate contracts given by BN govt, PM says
KUALA LUMPUR (July 19): Council of Eminent Persons (CEP) chairman Tun Daim Zainuddin (pictured) is in China to try to renegotiate contracts entered into by the previous Barisan Nasional government with Chinese firms, said Tun Dr Mahathir Mohamad.
MoF unit sounds warning on ECRL lay-offs
KUALA LUMPUR: A ministry of finance (MoF) unit has cautioned China Communications Construction (ECRL) Sdn Bhd (CCC-ECRL), the main contractor of the suspended East Coast Rail Link (ECRL) project, against its rapid lay-offs following the suspension.
