Alibaba undeterred by Malaysia’s policy shift

HANGZHOU (China): Chinese e-commerce giant Alibaba Group Holding Ltd said it remains committed to its plans in Malaysia despite uncertainty created by the Malaysian government’s review of megaprojects awarded by the previous administration.

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Concorde Kuala Lumpur redevelopment plans on hold

KUALA LUMPUR (July 9): An earlier proposal to demolish and redevelop the long-established Concorde Hotel Kuala Lumpur (Concorde KL) — linked to Sultan of Selangor Sultan Sharafuddin Idris Shah, entrepreneur Tan Sri Syed Yusof Syed Nasir and Singaporean tycoon Ong Beng Seng — has been put on hold.

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Trouble brewing at CCCC-George Kent JV, says report

KUALA LUMPUR (July 7): Things between China Communications Construction Co Ltd (CCCC) and its joint-venture (JV) partner George Kent (M) Bhd “is understood to be fraying at the seams because of issues” reported The Edge business weekly in its latest issue.

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Show time for Yong Tai

KUALA LUMPUR (July 7): The curtain has gone up for Yong Tai’s live performance, Encore Melaka (pictured), and the Melaka-based tourism-themed developer has high hopes for it.

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