In depth: Developers’ perspectives

30 January 2012, By Property Report

As the Malaysian property market grows and diversifies, the opportunities for investors are increasing annually with new areas emerging and developers pushing forward with new projects to meet demand.


MP: Iskandar Malaysia attracting local and foreign investments

30 January 2012, By The Star

The development and progress within Iskandar Malaysia will bring immense benefit to Johor and the country.

Pulai MP Datuk Nur Jazlan Mohamed said the country’s first economic growth corridor was moving on a right direction since its inception on Nov 4, 2006.

He said Iskandar Malaysia had been able to attract a steady flow of domestic and foreign investments despite operating in a very competitive economic environment.

Malaysia’s other economic growth corridors were the Northern Economic Region, East Coast Economic Region, Sabah Development Corridor and Sarawak Corridor of Renewable Energy.


Foreigners take advantage of holidays

27 January 2012, By The Star

While many have left the city to celebrate Chinese New Year with friends and family, thousands of foreign workers took the opportunity to throng major towns to sight-see and meet up with friends.

The workers, who were on holidays, comprised those from Nepal, Indonesian, Vietnam and Bangladesh.

Nepali Rajindra Ranna, 35, said that this was the first time he actually got to visit Johor Baru as he had just started as a construction worker in Pasir Gudang, several months ago.

“The job is demanding and we hardly have time to do anything else other than work so I was happy to finally have a two day break and explore the city,” he said adding that he was also excited about sending some pictures of Malaysia to his family in Nepal.


Malaysia Can Play Important Part In Creating New Growth Corridors, Says Najib

27 January 2012, By Bernama

Malaysia can play an important part in expediting creation of a new growth corridor, encompassing China through Southeast Asia and India to the Middle East, Prime Minister Datuk Seri Najib Tun Razak said Wednesday.

In stressing the importance of the new corridor, he said the China-Asean-India-Middle East partnership would be able to create huge business and investment opportunities.

He said the launch of the Global Business Council was timely as it would be an effective means of bringing together business leaders and entrepreneurs not just from China, India, Asean and the Middle East but also from the Chinese diaspora around the world.


Pelaburan domestik diutamakan

27 January 2012, By Utusan

Umum mengetahui ekonomi global sememangnya bermasalah, apakah usaha yang dilakukan untuk meningkatkan pelaburan termasuk pelaburan asing?

MUSTAPA: Kita akui bahawa tahun ini lebih mencabar untuk mencapai angka pelaburan yang sama seperti mana tahun 2010 dan 2011. Namun, harus diingat, pertumbuhan negara bukan bergantung kepada pelaburan langsung asing (FDI) semata-mata sebaliknya pelaburan domestik (DDI) juga menjadi penyumbang utama kepada perolehan Malaysia. Jadi pada tahun 2012 ini, MITI dan kerajaan mahu memberi lebih tumpuan kepada DDI. Ini bukan bermakna kami menidakkan sumbangan pelabur asing, tetapi strategi ini bertujuan memastikan pertumbuhan negara tidak terjejas.

Sejauh mana prestasi pelaburan kita tahun lalu?


What the market experts expect in 2012

03 January 2012, By The Sun Daily

Wong Ming Tek, executive director and head of research, HwangDBS Vickers Research Sdn Bhd

1. Do you think 2012 will be a better year for the stock markets compared with 2011?

Volatility will continue as we enter 2012 largely driven by the lack of clarity in the fiscal union measures and sustainable resolutions to eurozone debt crisis as well as US debt deficit problem. One thing for sure is that should there be any sign of growth from the developed economies, it will be painfully slow.


Malaysia Beckons For Chinese Real Estate Tycoon

08 November 2011, By Forbes

On the southern tip of mainland Malaysia, a vast new city called Iskandar Malaysia is taking shape. Styled as an economic zone and located across a causeway from Singapore, it was touted in 2006 as a way to revive foreign interest in Malaysia, a once-hot FDI destination. After a slow start, and questions over the project’s viability, there are signs of life stirring.

The latest is an agreement signed this week with a Chinese real estate developer to invest up to $558 million in two mixed residential and commercial sections. Hebei-based Zhouda Real Estate, headed by founder Yang Zhuoshu, is the first Chinese property investor in Iskandar.


Johor-China MoU sealed

08 November 2011, By The Star

The Johor Baru City Council is looking forward to strengthening bilateral ties with the city of Shantou in China after signing a memorandum of understanding with them.

Mayor Burhan Amin hoped that the MOU could open doors to economic and cultural collaborations between the two cities.

“Both cities have expressed interest to learn from each other on ways to improve the quality of life of their people,” Burhan said.

“I am confident that this agreement will foster a closer relationship between the two cities.

“We have a lot to learn from Shantou, including ways to improve cleanliness and infrastructure, and how to fully utilise our resources and to eliminate urban poor,” he said in his address to the Shantou delegation here yesterday.


Mampu tarik pelabur

08 November 2011, By Utusan

Cadangan China untuk menukar hentian kapal-kapal dagangnya dari pelabuhan Singapura ke Johor dilihat mampu menarik pelabur ke bandar raya ini.

Sebelum ini, kapal-kapal dagangnya dari Shantou, Guandong menggunakan kemudahan dan kemudahan pelabuhan di Singapura dan kini melihat Johor sebagai pilihan terbaik untuk mereka.

Datuk Bandar Johor Bahru, Burhan Amin berkata, kapal-kapal dagang tersebut ditawarkan menggunakan khidmat Pelabuhan Tanjung Pelepas (PTP), Gelang Patah atau Pelabuhan Tanjung Langsat, di Pasir Gudang, dekat sini, untuk tujuan itu.


Iskandar lands RM1.8b deal from Qingdao

08 November 2011, By Business Times

Iskandar Investment Bhd, the catalytic project developer of Iskandar Malaysia, has secured a RM1.8 billion real estate investment from China-based company, Qingdao Zhouyuan Investment Holdings.

Qingdao Zhouyuan is a subsidiary of Hebei-based real estate developer, Zhouda Real Estate Group.

President and Chief Executive Officer Datuk Syed Mohamed Ibrahim said the investment project, over two phases, will commence next year and be over a period of about 10-15 years.

"This is the first real estate investment by a foreign company in Medini Iskandar Malaysia and the biggest project investment in the area, to date," he added.


 
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