Prime Ministers

ACCUMULATING WEALTH Investing is like Running a Marathon

Lately, there are plenty of negative news from declining growth numbers in many countries (especially China and Singapore) to declining investments, impaired currency exchange rates, lower commodity prices and increasing job losses. The Star newspaper recently reported that Petronas Chemicals Group Bhd scrapped a giant elastomers project worth US$1.3bil as part of the Refinery and Petrochemicals Integrated Development (RAPID) project in Johor. Moreover, although the Ringgit has regained some strength


Malaysia and Singapore Prime Ministers Datuk Sri Mohd Najib Razak and Lee Hsien Loong recently announced during a joint press conference that the terminal in Singapore for the high speed rail link to Kuala Lumpur will be in Jurong East. Prime Minister Lee explained that Jurong East was chosen over the city centre or Tuas, because the dense nature of the city centre would make the required construction works difficult,