News about China

The term “smart cities” has been uttered by many, but what makes a city intelligent? Are we really there yet in terms of developing smart cities? Does a smart city equate to less human interaction and render a city soulless? These issues were discussed at a panel discussion themed “Future-planning: Emerging trends in sustainable projects” at the Future Forward Forum 2017 on Sept 7.

KUALA LUMPUR (Oct 6): Malaysia’s construction sector in particular is likely to benefit well from higher earnings next year following increased investments from China, said Eastspring Investments Bhd.

How do we make housing more affordable? How can we make our daily lives easier without the need for deep pockets? Those are questions that are being asked globally and one solution could be through smart design including in city planning and construction or smart cities.

The Asia-Pacific region has been impacted by China’s capital outflow control with China’s outbound investment in Asia Pacific in the first half of this year (1H2017) having slumped 59% y-o-y, according to CBRE Research’s Asia Pacific Marketview 2Q2017 report.

KUALA LUMPUR (Aug 30): Sunway Bhd, which has earlier appointed Datuk Seri Idris Jala to co-chair the now a trading/services company, is scanning to identify new business avenues, possibly involving technology.

KUALA LUMPUR (Aug 29): PPB Group Bhd has raised its capital expenditure (capex) by RM164 million mainly for investments in China flour mill, bringing its total capex this year to RM565 million.

PETALING JAYA (Aug 29): IOI Properties Group Bhd 4Q2017 revenue has registered a 34% year-on-year (y-o-y) jump to RM1.

KUALA LUMPUR (Aug 29): An expected rise in large infrastructure projects and affordable housing ahead of the general election is likely to further raise the government’s already-huge contingent liabilities, said RAM Rating Services Bhd.

KUALA LUMPUR (Aug 10): The ground-breaking ceremony of the East Coast Rail Line (ECRL) yesterday failed to lift construction stocks this morning, despite the sector being touted as the biggest beneficiary of the ECRL in the near- to medium-term.

KUALA LUMPUR (Aug 4): Country Garden Holdings will find it hard to match last year’s home sales at its Forest City development in Johor following China’s curbs on outbound investment, a top executive told Reuters today.