Education draws two billion pounds into London housing sector
LONDON: It is estimated that a whopping £2 billion (RM10.
The Malaysian vision — ‘To create a better society with our existence’
Country Garden Holdings was founded by a man who literally began building brick by brick (he was a bricklayer) in Guangdong, China.
Report: Anwar seeks to reassure investors after cancelled mega projects
KUALA LUMPUR (Sept 12): Datuk Seri Anwar Ibrahim (pictured) wants to reassure foreign investors who may have been spooked by the recent scrapping and delay of a few high-profile multi-billion ringgit mega projects, according to a report by Bloomberg.
Formaldehyde kills, sickens Chinese tenants as demand for new homes soars
PETALING JAYA (Sept 7): High demand for housing in China has prompted newly-built or newly-renovated apartments to be put on the market before cancer-causing formaldehyde fumes have enough time to dissipate, reported the BBC.
‘Vague statements about China could dent investor confidence’
KUALA LUMPUR (September 6): Vague statements and inconsistent policies by the new government may dent investors’ confidence in Malaysia, said the Malaysia-China Chamber of Commerce (MCCC).
ECRL Chinese contractor confident project will restart
PETALING JAYA (Sept 5): China Communications Construction Co Ltd (CCCC), the contractor of the suspended East Coast Rail Link, is confident that the project – which was called off last month – will be restarted thanks to bilateral talks between China and Malaysia, reported South China Morning Post.
Don't be shocked by PM's objections against Forest City, said Foreign Minister
PETALING JAYA (Aug 30): Tun Dr Mahathir Mohamad's objections to the RM410 billion Forest City is not shocking as he had been consistently criticising foreign investments that failed to benefit Malaysia and its citizens, said Foreign Minister Datuk Saifuddin Abdullah.
Defaulted on your obligations in China? No luxury hotel stays for you!
PETALING JAYA (Aug 30): Defaulted on your obligations? If you are a Chinese citizen, you will not be allowed to stay in starred hotels or indulge in other high-end tourism products once you are put on the Credit Beijing blacklist, reported Beijing Youth Daily.
Boustead slips to RM28m net loss in 2Q, pays one sen dividend
KUALA LUMPUR (Aug 30): Boustead Holdings Bhd slipped into the red in the second quarter ended June 30, 2018 (2QFY18), mainly due to reduced contributions from plantation, heavy industries and property divisions, as well as after allocation to non-controlling interests and perpetual sukuk holders.
Mahathir's public vagueness over China-backed mega-projects a face-saving move for Beijing, said report
PETALING JAYA (Aug 29): Prime Minister Tun Dr Mahathir Mohamad's public vagueness over the fate of massive China-funded infrastructure projects in Malaysia is meant to help a beleaguered Beijing pummelled by criticisms over its Belt and Road Initiative save its face, reported the South China Morning Post (SCMP).
