China property industry output shrinks for the first time since pandemic
BEIJING (Oct 20): The output of China’s property industry has shrunk 1.
China's new construction activities continue to decline due to strict lending regulations
BEIJING (Oct 18): China's new construction activities continue to slow down for a sixth straight month due to cash-strapped developers putting a halt to their developments as the government tightens the regulations on borrowing, reported Reuters.
Advancecon bags another ECRL subcontract job for RM17m
KUALA LUMPUR (Oct 15): Advancecon Holdings Bhd said it has been appointed a subcontractor for the proposed construction and completion of ground treatment work of Section 4 of the East Coast Rail Link (ECRL) project for RM16.
CLCT eyeing to acquire four logistics assets in China for S$298m
SINGAPORE (Oct 12): The manager of CapitaLand China Trust (CLCT) is planning to acquire four assets in China worth close to S$298 million (RM915 million), reported Business Times Singapore.
CORE Residence @ TRX achieves 70% take-up rate
KUALA LUMPUR (Oct 5): CORE Residence @ TRX has achieved a 70% take-up rate for Tower 1 and Tower 2, with units being taken up by customers from more than 20 Asian countries.
Evergrande to raise US$5b from stake selling its property unit
HONG KONG (Oct 4): China Evergrande is looking at disposing of 50% of its stake in its property management unit to Hopson Development for US$5 billion (RM20.
Report: 1,822 MM2H participants left the country for good between 2015 and 2019
KUALA LUMPUR (Sept 29): Up to 1,822 Malaysia My Second Home (MM2H) participants left the country for good between 2015 and 2019, Malaysiakini reported findings in the Auditor-General's Report 2019 Series 2.
Yong Tai gets backing from new China partners to expedite 100-acre land development at Impression City, Melaka
KUALA LUMPUR (Sept 16): Yong Tai Bhd has received backing from its new partners from China to resume development of its 100-acre land “Impression City” in Melaka, following a delay due to the Covid-19 pandemic.
Toshiba ceases production plant in Dalian China, to relocate to Vietnam or Japan
PETALING JAYA (Sept 13): Japanese electronic giant Toshiba will be closing its 30-year-old production facility in Dalian, China, by the end of September this year, reported South China Morning Post (SCMP) on Sept 9.
