BN proposes 3% GST in alternative Budget 2019
KUALA LUMPUR (Nov 2): The Barisan Nasional (BN) opposition coalition has presented its alternative budget for 2019 with an expected government revenue of RM247.
Sunway REIT kicks off FY19 on a softer ground, proposes 2.48 sen DPU
KUALA LUMPUR (Nov 2): Sunway Real Estate Investment Trust’s (Sunway REIT) net property income slipped 0.
Atrium REIT plans RM180m buy, Penang leaseback deals
KUALA LUMPUR (Nov 2): Atrium Real Estate Investment Trust (REIT) plans to buy and lease back two pieces of land in Penang from Lumileds Malaysia Sdn Bhd, a wholly-owned subsidiary of Lumileds International BV, for a combined RM180 million cash.
Don’t lie, Amar Singh tells Justo
KUALA LUMPUR (Nov 2): The police have denied 1Malaysia Development Bhd (1MDB) whistle-blower Xavier Andre Justo’s claim that he was forced by them to make certain statements, saying it would have been silly for them to do such things.
房屋趣：勾画出本地色彩的The Canvas Hotel
The Canvas Hotel执行董事Kelvin Taing坚信，一间好的酒店不应只单凭空间和设施来定义，也应该将其便利程度和是否具备宾至如归的氛围纳入考量。 所以，Taing策划The Canvas Hotel初期，就决定只采用本地艺术家的作品，作为酒店装饰的主调。 这间位于巴生Bandar Bukit Tinggi的精品酒店共有98间客房，强调的是房间的舒适度、便利和本地文化色彩。 “我们希望让访客感受到一间马来西亚家庭的感觉，所以酒店内的家具和装饰都委托了本地设计师负责。” 四位与Taing合作的主要本地设计师和艺术家，包括了得奖无数的画家Wong Chee Meng、家具品牌Nokta、灯饰设计师Stephanie Ng和居家装饰品品牌Nala Designs。 他说：“我们相信如果没有体验到当地文化，就不算真正到过一个地方旅游。所以我们与Wong合作创作20副具本地色彩的画作，为每间房增添属于马来西亚的韵味。” 另外，The Canvas Hotel也与Nokta的设计师们合作设计沙发、椅子和茶几等家具，并配上由Nala Design出品的抱枕，勾勒出马来西亚寻常家庭的面貌。 此外，Ng也为The Canvas Hotel量身设计新系列的灯饰，而这批灯饰系列也会在稍后投入市场。 瞄准市场空隙 尽管巴生并不是热门旅游景点，但Taing却认为这个地方的潜力无限，因为The Canvas Hotel位于全马最大的Aeon对面，占尽地利的优势。 “我们的酒店在巴生港口和城镇之间，而且全马最大的Aeon就在对街，加上来往吉隆坡国际机场的接驳巴士站，就在酒店正前方。” 他表示，当地只有四星级以上、每晚RM300的酒店，或者是每晚RM100以下的廉价店屋酒店，The Canvas Hotel正好介于两者之间。 “我们正好填补了市场的空隙，我们的目标客户是国内外游客，以及商业旅客。” 英文版原文已刊登于2018年10月12日的EdgeProp.
Rehda Institute, Utar to offer master’s degree programme on real estate development
PETALING JAYA (Nov 2): For those thinking of embarking on a career of real estate development, two institutions are now joining forces to offer a post-graduate degree course to enhance one’s qualifications.
Targeting of house prices should be done at local level, says KRI
KUALA LUMPUR (Nov 2): The country cannot have a “one-size-fits-all” affordable housing policy, said the Khazanah Research Institute (KRI) recently.
Najib’s PR chief Stadlen wanted in 1MDB probe
KUALA LUMPUR (Nov 1): The Malaysian Anti-Corruption Commission (MACC) has sought the public’s help to track down Paul Geoffrey Stadlen to assist in the high-profile 1Malaysia Development Bhd (1MDB) case.
Time to bite the bullet
KUALA LUMPUR (Nov 2): It might be wishful thinking to expect the government to be able to rein in fiscal deficit while generating decent economic growth in the upcoming budget, which will be tabled by the Finance Minister Lim Guan Eng at Parliament this afternoon.
US DoJ indicts Jho Low, Leissner, Roger Ng over 1MDB
NEW YORK (Nov 2): A three-count criminal indictment was unsealed yesterday in federal court in the eastern district of New York charging Low Taek Jho, also known as Jho Low, and Ng Chong Hwa, also known as Roger Ng, with conspiring to launder billions of dollars embezzled from 1Malaysia Development Bhd (1MDB), a government strategic investment fund, and conspiring to violate the Foreign Corrupt Practices Act (FCPA) by paying bribes to various Malaysian and Abu Dhabi officials.
