China
Yanlord's pre-sales jumped 65% to $5.91b in H1
Sales from Nanjing accounted for 26.6% of the group’s total.
Yanlord's pre-sales jumped 65% to $5.91b in H1
Sales from Nanjing accounted for 26.6% of the group’s total.
Japfa completes 25% stake sale in AustAsia to Meiji for $354.28m
It will continue to own 75% stake in AustAsia.
Yangzijiang Shipbuilding secures new orders worth $141.95m
These orders include two LNG-tank carriers and two 56,000DWT bulk carriers.
Everbright Water issues $59m worth of asset-backed securities
Proceeds will be used to replenish working capital of the company and its subsidiaries.
China's construction sector to grow 1.8% this year
This is due to the uptick of investment activity in real estate and infrastructure.
Chinese property sales shrink 2.6% YoY in April
The property sector is starting to show more activity as sales recover.
China's exports rose 3.5% YoY in April
The increase in exports is led by Japan, Australia, and Taiwan.
Lendlease appoints new managing director in China
Ding will oversee the growth of the firm’s business in China.
Myanmar's 2020 growth forecast slides to 3.6% amidst pandemic
The garment sector faces a weak outlook due to factory closures. Myanmar's 2020 GDP growth forecast is 3.6% or 2.7 percentage points (ppt) lower than the previous estimate of 6.3%, as the impact caused by the spread of COVID-19 resulted in concurrent global supply and demand shock, according to Fitch Solutions report.
COVID-19 could spur $620b in losses for Asia-Pacific
Inflation and policy rate falls as unemployment rate increases in the region.
COVID-19 decelerates China's auto sales
Government subsidies of $280 to $420 provide limited support to the industry.
China's 2020 growth forecast dips to 5.2% amidst COVID-19 outbreak
Report outlines three downside risk scenarios for China’s GDP.
Auto sales expected to decline in multiple Asian countries
Production suspension in China affects supply chain in the whole region.
Sasseur REIT reopens Chongqing and Bishan outlet malls
Its China malls were temporarily shuttered seven weeks ago due to the outbreak.
Keppel Land China to co-develop Taicang residential site for $469m
The site is expected to yield more than 1,000 residential units.
Sunpower Group to invest in 70MW biomass cogeneration plant in China
$59.71m will be injected into the first phase of development.
More than 300 Chinese firms seeking billions of loans to combat nCov
Xiaomi is seeking $716m (CNY5b) to develop and sell medical equipment.
Read Here
Advertise
Sign Up
Commentary
AI is revolutionising learning: Why should educational institutions in Singapore embrace this change?
Seeking an office space in Singapore: Where do you start?