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.
SINGAPORE (Aug 3): CapitaLand, South-east Asia’s largest property group, has reported a near doubling of 2Q17 earnings to S$579.
KUALA LUMPUR (Aug 1): Kerjaya Prospek Group Bhd's outstanding orderbook stands at RM2.
KUALA LUMPUR (July 26): Ekovest Bhd shares rose by as much as 5.
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