Author: Charles Tan
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RM55 billion for East Coast Rail Line from China
Today when I was having lunch with my colleagues, one of them said, ‘Malaysia is asking China for more money. Now they will build the East Coast Rail Line for Malaysia.” I just smiled and continue enjoying my lunch. Just wanted to let everyone know that today, leaders of ANY country in the world whose…
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KWAP willing to accept 4% returns from property investments
I do not have funds huge enough to start a foreign property investment currently. My daughter is also too young for me to buy a property today and having to wait for 15 more years or more. Yes, if she is studying overseas, of course it would be in the UK. Sorry yeah Australian or…
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Why we need to understand what we could before we do it
I read something which I learnt many years ago and is still struggling to always apply it today. I think everyone should read this article by the Co-Founder and Managing Director Mark Reijman of comparehero.com.my which was published in thestar.com.my. It reminds us again on something which has continued to pull more people into more trouble…
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Malaysia: Negative Sentiment, Positive Luxury car sales
Can the above happen at the same time? “Negative Sentiment and Positive Luxury car sales” Most of the time, when times are bad, buying a new car is nowhere near top priority. I know, someone wanted to say but Malaysia’s public transportation is so bad, of course everyone needs to buy a car. I have…
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Some news about the RM4.4 billion River of Life
Anyone who has been to Singapore should have been to Clarke Quay or Boat Quay. I have and I like it. Enjoying some finger food beside the river. Shopping in some of the small retail shops dotted along the riverside. Chit-chatting with friends or even a date with someone special. Yes, the river flowing right…
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Lonely Planet: Perak is top 10 region to visit for 2017
Please do not say you do not know who or what is lonelyplanet. Do google them up. In brief, they are the world’s largest travel guide book publisher. I had one copy when I was travelling around in Europe many years ago. Very handy indeed. Okay, one piece of significant news that was published in…
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Development charge to be charged from 2017 in Johor, probably.
Dear Johor developers, a development charge may be on its way. In accordance with the provisions of Section 32 of the Town and Country Planning Act 1976 (Act 172), the Johor government plans to impose a development charge on property projects carried out. This is already in the final stage of coordination, according to State…
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Penang’s Design Village is opening extremely soon.
I was in Penang airport twice last week. One huge signboard was promoting the Design Village in Penang which will be open by the end of 2016. It said something along the lines of ‘clear our wardrobe’ since we will be shopping for lots of new clothes at the Penang Design Village. As reported in…
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Franklin Templeton on Malaysia’s economy and deficit
This is what Franklin Templeton said about Malaysia, in summary. Who is Franklin Templeton? It is one of the world’s largest asset management groups (WIKI) or read about them here. Malaysia has progressively narrowed its fiscal deficit, putting in painful measures such as the Goods & Services Tax (GST), reducing fuel subsidies and diversifying its…
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MRT and rental starts at the same time. Good.
One major reason why Hong Kong’s Mass Transit Railway (MTR) is profitable is because of a good business model; renting. They actually own the buildings on top of all the lines. A famous example, IFC Mall. To those who believe ticket price is enough to cover the expenses, it is not true. Imagine we are…