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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