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Ranhill sets up unit in China, eyes wastewater project: Ranhill Holdings Bhd sub-subsidiary has set up Ranhill (Yongxin) Water Co Ltd in China with plans to venture into the country’s wastewater treatment sector. Ranhill Yongxin will undertake the design, construction and operation of a wastewater treatment plant for Maoping Industrial Park, Yongxin County in the Jiangxi Province. — StarBiz

Malaysia’s 5-year bond yield falls to lowest since 2013: Malaysian Government bonds rose, driving the five-year yield to its lowest level since 2013, on speculation the nation’s debt is luring investors amid a selloff in stocks. — StarBiz

Work starts on CentralPlaza@i-City shopping mall: Work on I-Bhd’s joint-venture project, the CentralPlaza@i-City shopping mall at i-Cityin Selangor has started with a completion slated in 13 months. The mall, with a gross development value of RM850mil, is expected to be open by August 2018. — StarBiz

CIMB Bank Singapore targets RM3bil annual card billings: CIMB Bank Singapore is targeting to register S$1 billion or about RM3 billion in annual card billings and acquire a further 270,000 customers in the next three years. — Bernama

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