China’s Zhejiang province takes ‘action plan’ to reduce unsold, unused properties
KUALA LUMPUR (July 13): The property glut monster in China has now reached Zhejiang province.
More than hot air
STEAMING food has been in the Asian cook’s repertoire for generations – countless dishes utilise the heat that steam emits to cook meats and vegetables in order to preserve its colour and flavour.
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Bandar Malaysia sets up Chinese banks-led fund to finance massive project
KUALA LUMPUR (June 16): Bandar Malaysia Sdn Bhd has obtained funding for its massive project with the setting up of a fund backed by leading Chinese and Malaysian banks, with an asset base exceeding US$13 trillion.
S Korea ropes in Malaysian firms to bid for KL-S’pore HSR
KUALA LUMPUR (June 13): A 27-firm South Korean consortium led by the Korea Rail Network Authority (KRNA) is roping in Malaysian partners, starting with local engineering firm Ranhill Bersekutu Sdn Bhd, to jointly bid for the upcoming 350km Kuala Lumpur-Singapore high-speed rail (HSR) project.
Buildings in China that border on the bizarre
OVER the past few decades, China has defied the rules of architecture in coming up with buildings that have earned the country the “recognition” of having the most “literal” buildings in the world.
MBAM says no to safeguard measures on steel products
KUALA LUMPUR (June 3): The Master Builders Association Malaysia (MBAM) has voiced opposition to safeguard measures on steel products, arguing that without the free flow of imports, prices of steel bars may be uncontrollable.
IOI Properties to exceed RM1.7 bil sales target for the year
IOI Properties Group Bhd May 30 (RM2.
St Regis Langkawi seen as a boost
LANGKAWI (May 30): Opening up luxury hotels such as The St Regis Langkawi is a strategy to boost the reputation of the island resort particularly among upmarket tourists, said Prime Minister Datuk Seri Najib Razak yesterday.
China’s property investors raising their budgets for foreign buys
KUALA LUMPUR (May 19): A survey by Australian property investment portal Investorist showed that China’s property investors have raised their average budget for foreign property purchases to US$500,000 (RM2.
Oakwood keen to expand its presence in Malaysia
KUALA LUMPUR (May 16): International hospitality manager and operator Oakwood Asia Pacific aims to grow its presence in Malaysia through new partnerships and is seeking such opportunities with local property owners, said its sales, marketing and revenue management vice president Paul Stocker.
