News about China

KUALA LUMPUR (Sept 2): Mega China developer Country Garden Holdings has reduced “its workforce and sales team” in Malaysia “by two-thirds over the past two years,” according to a report by the South China Morning Post (SCMP).

KUALA LUMPUR (Aug 18): Batu Kawan Bhd’s net profit for the third quarter ended June 30, 2021 (3QFY21) soared 81.

KUALA LUMPUR (Aug 18): China is known for building mega projects and machinery these days and it has added another to the list with central District Cooling System (DCS) that covers more than 2.

PETALING JAYA (Aug 13): Malaysia-China Chamber of Commerce (MCCC) has lauded the reactivation of the Malaysia My Second Home (MM2H) Programme but expressed reservation on the new stringent terms imposed.

GUANGXI (Aug 3): A 13-storey serviced apartment building in Guangxi, China has recently opened with high-tech facilities and full board meal plan for the guests – more than 10,000 swines.

KUALA LUMPUR (July 12): Parkson Holdings Bhd’s 54.

SHANGHAI (July 12): China’s Ministry of Emergency Management has activated a Level-IV emergency response for flood control on July 11 as heavy rain is expected to lash parts of the country, reported Xinhua.

Being the first country to get impacted by the Covid-19 pandemic in 2020, China saw its hotel sector badly affected with the imposed rules of travel restrictions to contain the spread of the deadly coronavirus and the absence of international travellers.

KUALA LUMPUR (July 8): WCT Holdings Bhd’s 60:40 joint venture (JV) with China Communications Construction Co (M) Sdn Bhd (CCCC) has accepted the tender offer as the main contractor for the expansion of the Sapangar Bay Container Port in Kota Kinabalu for RM899.

KUALA LUMPUR (June 10): Property developer Yong Tai Bhd has announced that its subsidiary YTB Healthcare Sdn Bhd (YTBH) today received the first batch of an inactivated Covid-19 vaccine developed by China-based Shenzhen Kangtai Biological Products Co Ltd (SZKT).