IOI Properties 2QFY20 net profit down 7%

KUALA LUMPUR (Feb 25): Lower contribution from the property development segment dragged down IOI Properties Group Bhd’s net profit by 7% in the second financial quarter ended Dec 31, 2019 (2QFY20).

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‘Not all Chinese companies are the same’

KUALA LUMPUR (Feb 24): While some China construction firms are creating a bad reputation in the local construction industry with shoddy workmanship and tardy deliveries, MCC Overseas (M) Sdn Bhd (MCCOM), a Chinese state-owned entity, hopes Malaysians will not tar every China-based construction company with the same brush.

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Still no plan to bar entry of tourists from China: DPM

PUTRAJAYA (Feb 21): There is still no plan to bar the entry of Chinese tourists following the COVID-19 outbreak in China, but health screening at all entry points in Malaysia will continue to be tightened for all travellers returning or arriving from the republic, Deputy Prime Minister Dr Wan Azizah Wan Ismail said.

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