UEM Land Holdings Bhd has opened a property gallery in Singapore targeting Singaporeans and expatriates as its potential property buyers and investors.
The gallery is located at a row of three-storey pre-war Chinese shophouses along Tan Quee Lan Street, Heritage Place which have been conserved and converted into offices and food and beverage outlets.
The shophouses were previously the living quarters for many early Chinese immigrants who came from mainland China to Singapore seeking for a better life in the former British Colony.
The area is now one of Singapore’s renowned business districts and tourist attractions where heritage and historical buildings stand side by side with modern skyscrapers.
The merger of Sunrise Bhd with UEM Land Holdings Bhd early last year is set to provide a much-needed boost to the enlarged UEM Land group. StarBiz's ANGIE NG recently caught up with UEM Land MD and CEO Datuk Wan Abdullah Wan Ibrahim on the group's plans, going forward.
STARBIZ: Since the takeover of Sunrise by UEM Land, what are the plans for the Sunrise brand with regards to its land bank and plans for new projects?
AN international school valued at RM60 million will be built in Seri Alam, Johor, which is expected to be completed by September next year.
Pasir Gudang Member of Parliament Datuk Seri Mohamed Khaled Nordin said the Excelsior International School will be constructed on eight hectares of land and will provide an option to parents who send their children to schools in Singapore.
“There are parents who send their children for schooling in Singapore and this will offer them a choice.
“This way, they no longer need to get up early to send their children all the way there,” he told reporters after the school’s ground-breaking ceremony at Jalan Purnama, Bandar Seri Alam, recently.
SP Setia Bhd yesterday announced a record-breaking quarter with sales at RM933 million for its first quarter ended 31 January.
BANK Negara Malaysia's new growth estimate of 4 per cent to 5 per cent this year is realistic in a sluggish external demand environment, a regional economist says.
But domestic demand, which is expected to be main driver of growth, will be affected by the central bank's tightening policy stance on credit, said Dr Chua Hak Bin, who is Bank of America Merrill Lynch head of Emerging Asia Economics.
"Domestic demand growth will be affected by the policy measures for cars and properties and we have already seen the January sales number for cars dip," he said in an interview here yesterday.
Economists contacted agree with Bank Negara's gross domestic product (GDP) growth forecast of between 4% and 5%, with the domestic economy providing the impetus, while global growth will continue to be challenged by the eurozone debt crisis.
Although some encouraging signs are emerging from the advanced economies, Bank Negara trimmed growth estimate for 2012 from the 5% to 6% projected by the Treasury during Budget 2012 in October 2011.
GAAM selaku peneraju projek, berhasrat menarik Iebih 2,000 rakyat Jepun untuk menetap, bekerja atau menjalankan perniagaan di negeri ini FUJIMURA MASANORI Ketua Pegawal Eksekutif GAAM Global Asia Assets (M) Sdn. Bhd. (GA-AM), syarikat perunding bangunan aset bagi pelabur Jepun merancang memajukan perbandaran barn Little Japan’ yang pertama sumpamanya di Malaysia dengan pelaburan dijangka melebihi RM500 juta.
Melalul projek yang akan diadakan di Taman Molek di sini, GAAM selaku peneraju projek, berhasrat menarik lebih 2,000 rakyat Jepun untuk menetap, bekerja atau menjalankan pemiagaan di negeri ini menerusi program Malaysia Rumah Keduaku (MM2H) dalam tempoh lima tahun.
KAMPUNG Sungai Temon cultural centre near Taman Perling in Johor Baru is the best example of an effort taken by the orang Seletar to showcase their rich culture and heritage under one roof.
Opened in April last year, the centre was jointly set up by the villagers and the Malaysian Society of Marine Science with RM60,000 funding from the United Nation's Global Environ-ment Facility.
"We hope to educate visitors on the history of orang Seletar or Orang Laut who were the original inhabitants along the Straits of Johor and Seletar waters in Singapore," said Sungai Temon village representative Eddy Salim.
Iskandar Malaysia to beef up security, improve transport links to draw S'pore businesses
ISKANDAR Malaysia will court small and medium-sized enterprises (SMEs) in Singapore struggling with high rental and other business costs to establish some or all of their operations there. To help achieve this aim, Malaysian Prime Minister Najib Razak yesterday announced new initiatives to ease concerns about the security and accessibility of the economic region.
SINGAPORE, Feb 28 (Bernama) -- Singapore's international trade in services recorded positive growth in 2010 as both services exports and imports rose in tandem with the economy's recovery from the recession of 2009.
According to a report released by the Statistics Department, Ministry of Trade and Industry today, the total exports of services increased to S$136.4 billion, up 16.9 per cent on an annual basis in 2010 following a decline of 6.4 per cent in the previous year.
It said overall services imports expanded by 10.7 per cent to reach S$134.3 billion after decreasing by 5.5 per cent in 2009.
Transport, travel and charges for the use of intellectual property contributed to the bulk of the increase in total services trade in 2010.