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Five men with parang rob diners of RM29,745 at ‘safe’ restaurant Diners thought they were eating at a seemingly secure commercial area in Taman Melawati when five men with parang stormed into the restaurant and snatched the belongings of everyone there. The Saturday night robbery was...

The plight of Forest City's migrant workers Forest City is once again in the news and again for all the wrong reasons. Apparent, there are possibly hundreds of illegal migrant workers being engaged in the job site. Many claimed to be tricked into working there by agents but the point is they...

With the news last week that the Malaysian/Chinese consortium being served the termination notice to develop the Bandar Malaysia / TRX City, the first casualty had just emerged. Waterfront Holdings Sdn Bhd (IWH), the 60% partner in the consortium had its shares hitting the limit-down. Before...

https://youtu.be/iBQu7T-Y9Z4

Re: The Cash-Flow Game Illegal parking, inconsiderate parking, double parking, triple parking, anyhow parking, etc. is pretty much a way of life you have to get used to everywhere all over in MY. However, you need to be very patient and don't anyhow sound your horn when blocked by any of the...

Malaysian-Chinese consortium in 1MDB property deal says fulfilled payment obligations A Malaysian-Chinese consortium that had planned to buy a majority stake in a property development project owned by a former unit of state fund 1MDB today refuted allegations that it had failed to make...

The development of TRX City with the HSR Terminal incorporated within was one of the biggest and glamourous multi-billion project announced in late 2015. Then, it was quite a celebrated affair with much fanfare thrown in. And now, the project is unceremoniously aborted until the govt. finds...

Something very strange is happening here. According to the Wall Street Journal, the deal collapsed because the Chinese government refused to authorize the investment. Earlier, there was was the strengthening of capital control exercise that caused big problems for Chinese buyers to make payment...

TRX City's stake sale in Bandar Malaysia aborted TRX City is where the proposed HSR Terminal in KL located within. This project is a 60/40 joint venture between the IWH CREC and Min Of Finance, while IWH CREC is joint venture between Iskandar Waterfront Holdings Sdn Bhd (IWH) and China...

RTS or not, JB really has to seriously start on the road network/system improvement now! When all the new condos (about 20,000 units) in the city area is all completed and tenants move in, plus also the completion of another few very large shopping malls, can imagine the mega traffic jams in JB...

Aren't you aware that there is this thingy known as Camera Drone?

Looking at all the pictures taken from many angles, something terribly is missing - work seems to have stopped and not a single worker can be seen, not even a jaga at the worksite! As far as work progress and site management is concerned, must say that the Chinese contractors are really doing...

And the result of low stagnant salary, rising cost of living, living beyond their means, high inflation............... Cuepacs: Up to 100,000 govt staff may soon become bankrupt Cuepacs : Congress of Unions of Employees in the Public and Civil Services...

Be prepared to pay more for the same things in Malaysia from now on!!

After tightening its Capital Control few months back, it seems to be helping contain outflow with the Chinese Foreign Reserves is showing steady improvement. Apparent, the Reserves increased $3.96 billion during March to total $3.009 trillion. So, its working, slowly but its working. Which also...

In all the promotional materials for the Forest City, the proximity of Singapore is always featured prominently (see the big map on the wall) and the sales girls even wear copy SIA stewardess uniform to give false impression. So you can see very clearly, seems like Forest City can never be sold...

So you mean all these shops have to tolerate slow business or worse, no business for at least 3 more years? How many can last more 3 years like this and some more with another few more huge malls opening soon? And what if come 3 years later, the RTS still in the "planning stage"? As for the LRT...

Happened to be at the site few days back and took a picture. The site condition, especially the apartment block which is very much still under construction, looks like they would need several more months of work do before they can apply for TOP inspection. Its already Q2 2017 now, so TOP in Q4...

Foreign selldown of Malaysian govt bonds hit record high in March Foreign ownership of Malaysian government bonds in March fell for the fifth straight month at a record RM27.5 billion! The highest ever bond sell-off by foreigners in March was driven by the Malaysian Government Securities...

Was at the City Square with some friends for some shopping and food and was shocked that one of our favorite restaurant Canton-I was closed for business. The one opposite, Dragon-I, their sister restaurant serving Shanghainese food is also closed. Sigh, looks like no more hairy crabs in JB...