News about China

KUALA LUMPUR (May 31): LBS Bina Group Bhd and NWP Holdings Bhd have decided to mutually terminate an agreement for a joint development project to transform the Zhuhai International Circuit in China, in which LBS Bina has a 60% stake.

KUALA LUMPUR (May 27): There have been no changes made to the East Coast Rail Line (ECRL) mega project so far, according to China’s ambassador to Malaysia Bai Tian “As far as I know, there are no changes in ECRL project," Bernama reported him telling the media after visiting the second cub of the panda couple, Xing Xing and Liang Liang at the Giant Panda Conservation Centre of the National Zoo here yesterday.

KUALA LUMPUR (May 25): In what may be a case of taking work punishment too far, four male property agents in Nantong, China were made to dance in public in their underwear, the South China Morning Post (SCMP) reported today.

IOI Properties Group Bhd (May 21, RM1.

KUALA LUMPUR (May 14): While markets are nervous that the new ruling coalition Pakatan Harapan’s pledge to review megaprojects may negatively impact the construction sector, some see the plan as a chance for greater inclusion of local players.

PETALING JAYA (May 11): The change in administration in Putrajaya does not impact Country Garden Malaysia’s optimistic view of Malaysia’s growth prospects as it believes economic development will remain as the common goal of all the rakyat.

KUALA LUMPUR (May 8): Damansara Realty Bhd is teaming up with China State Construction Engineering (M) Sdn Bhd (CSCEM) to tender for the 4km Johor Baru-Singapore Rapid Transit System (RTS) railway project.

KUALA LUMPUR (May 2): Bank Negara Malaysia (BNM) is expected to keep the overnight policy rate at 3.

PETALING JAYA (April 26): The positive economic outlook and re-covering ringgit will attract more investors who are currently taking a wait-and-see approach, in spite of the overall weak property market across various segments, said property consultancies Edmund Tie & Co (SEA) Pte Ltd and Nawawi Tie Leung Property Consultants Sdn Bhd.

KUALA LUMPUR (April 19): The Asian Infrastructure Investment Bank (AIIB) has expressed its interest in financing the Kuala Lumpur-Singapore High Speed Rail (HSR), among other infrastructure projects in Malaysia, according to the Embassy of China.