I think we are reading ECRL’s latest news on an hourly basis. Everyone’s talking about it and we have one prominent foreigner writing about it in Forbes. For those who need more references, here’s one latest one by Edgeprop.my: China will help shoulder ECRL’s operational risk. As the title had suggested, it spoke about how … Read moreECRL avoided a debt trap. Now a viable infrastructure project.
It’s announced in all major media outlets already. The East Coast Rail Link (ECRL) will now be proceeding with the same China vendor. As per the Prime Minister’s Office (PMO)’s announcement today, an improved deal is signed. The PMO office confirmed that a supplementary agreement between Malaysia Rail Link Sdn Bhd (MRL) and the China … Read moreECRL’s new agreement is RM21.5 Billion cheaper. (lots of money saved!)
For ‘young’ at heart people who are thinking of places with white sandy beaches overlooking the sea, over 4,000 metre mountain peak loved by many, world’s oldest rainforests worth exploring every year and even UNESCO Heritage sites and cities? All these are in the same country; Malaysia. This is also a read for those who … Read moreDo not come to Malaysia just to retire… Be an Enjoyee instead!
I have been to Jakarta on numerous occasions, both for work and for vacation. Yes, I do think getting a property in Jakarta is an attractive proposition. Well, if only it’s friendlier to foreigners buying a property there. Here are some of the restrictions. The reason why I think so is simple. Did you know that … Read moreSo few cars on the road! Market is awesome!
Occasionally, we hear of projects with a gross development value (GDV) of RM1 billion. For an affordable unit of RM250,000 each this meant that there are a total of 4,000 units for this development. Yeah, super duper high-density even if overall is still dependent on the land size. Smaller number of units and a very … Read moreLand cost, gross REdevelopment value and future
When the tsunami hit Japan in April 2011, I was still in Japan as a tourist with my wife and two other close friends. We heard from the our hotel receptionist in Osaka that the Shinkansen (bullet train) service has been stopped. We were supposed to travel the next day to Tokyo and then to … Read moreBullet Train Chiengmai – Bangkok. No to invest. Yes to loans.
There has been occasions when Malaysian friends overseas asked me this question. “Is the Malaysian economy okay?” Actually, the actual sentence was a far more negative one but let’s leave it at that. If they are close friends, I would usually give them a typical half and hour of my time and answer their questions … Read moreMalaysia by Moody’s, Standard & Poors Global and Fitch. Enough lah.
Within this year itself, I think I visited Bangkok 4 times. Except for the jam that never seem to end, I love Bangkok. I love the friendly people, the delicious street food and the good service in hotels. I wanted to bring my family for a visit too, perhaps next year. Every time I pass … Read moreForeigners love condos in Thailand and Malaysia
This is the review for an amazing jet fighter called Su-35 from Russia. “Why Russia’s Enemies Should Fear the Su-35 Fighter” It is one of the most advanced jet fighters of today with a maneuverability said to be second to none. Not even those from the nation with the biggest economy in the world. Just google … Read moreBarter trade still works. Fighter jets for tea, coffee, palm oil and some cash, of course.
Tourism is huge money for many countries, including Malaysia. For Thailand, there’s an estimate that 20 percent of the GDP is related to tourism. Here are the top 10 most visited countries in the world. Thailand is number 10. For Malaysia, the number of tourists have always been healthy and there’s an estimate that for … Read moreOf tourism, thriving businesses and contribution to the economy