Accumulating Wealth 13

Mid-Year Reflection Can you believe we have already ushered into July by the time you are reading this? It’s already half a year and as usual, every month is eventful. Lately, the Dow Jones Industrial Index and S&P have continued breaking new highs. However, the technology index Nasdaq, took an abrupt plunge on 9th June 2017, causing some knee jerk reactions among the technology stocks around the globe. In the

July Drill: Wayne Lunt – General Manager (Amari Johor Bahru)

As one of the few 5-star hospitality brands, Amari Johor Bahru is a collaboration between United Malayan Land Bhd (UMLand) and ONYX Hospitality Group. The hotel has 242 rooms and is part of the 1.49-acre Suasana Iskandar mixed development whereby residences and retail components will be built adjacent to the hotel. With over 15 years of experience in the hospitality industry, Wayne was brought to Johor Bahru to launch the

Malaysia Pushes Forward with Robotics Agenda

A new investment drive to make Johor the centre of Malaysia’s nascent robotics industry is moving ahead, part of a broader push to attract more high-tech developments. In mid-May Malaysia’s Johor Corporation (JCorp) signed a letter of intent on cooperation with China’s Siasun Robot Investment, outlining plans to develop a large-scale centre for robotics research and development. Under the deal, Siasun will invest RM15bn ($3.5bn) in a project dubbed the

Johor Bahru Will Enjoy Twice the Speed of 4G

U Mobile announced that it is the first telco to commercially launch 4.5G service on 1800 MHz and 2600 MHz in Malaysia, starting with Johor Bahru. Users can enjoy twice the speed of 4G through supporting devices such as the Huawei P10 Plus. “U Mobile is very excited to be able to launch the 4.5G service in Johor Bahru. Customers in Johor Bahru can enjoy significant enhancement in their user

The 2nd Iskandar Malaysia Green Accord Initiative Award (GAIA) 2017 Now Open for Registration

GAIA is a certification initiative by Iskandar Regional Development Authority (IRDA) that honours outstanding businesses in Iskandar Malaysia who have contributed towards the adoption of sustainable design, planning, retrofitting, and operation to the built environment. It was first launched by Johor Menteri Besar, Datuk Seri Mohamed Khaled Nordin in April 2016 at the 6th Iskandar Malaysia Open Day (IMOD). The 2nd GAIA 2017 introduces new categories to encourage more participations

Iskandar Malaysia Attracting EU investment

The Iskandar Regional Development Authority (IRDA) recently hosted representatives of the European Union (EU) on a trade mission to Johor. Led by Maria Castillo-Fernandez, Ambassador and Head of the EU Delegation to Malaysia, she was joined by 11 other EU Ambassadors in Malaysia. Focusing on trade and investment as well as cultural exchanges, the three-day mission provided an open platform for dialogue and cooperation between the EU and the state.

Senai is the New BMW Parts Distribution Home 1

As Iskandar Malaysia is leading towards advanced development in phases, BMW Group Malaysia jumped in the bandwagon and launched its Regional Parts Distribution Centre here at Senai which will support 23 countries in the Asia Pacific region. “This new facility does not only reflect on the Group’s commitment to boost the regional competitiveness of our nation but is providing greater employment opportunities and businesses for Malaysians. So far, they have

Positive Growth Prospects for Malaysia’s Agriculture Sector

Steady global demand for palm oil and improved weather conditions ending last year’s drought should help Malaysia’s agriculture sector recover from a decline in 2016, boosting returns for growers and processors and helping to ease inflation. In its annual report issued in late March, Bank Negara Malaysia (BNM) – forecast the agriculture sector to expand by 4% this year, contributing 0.3 % points to GDP growth. “On the supply side,

June Drill: Lyle Moltzan – Superintendent (Raffles American School) 4

With over 27 years of experience, Lyle Moltzan began his career as a Secondary Math teacher at Whitecourt, Canada.  His vast experiences in the teaching realm include math, science, and computers. With a Masters of Education degree, Lyle has also served as a Technology Director, Curriculum Coordinator, Department Head, IB Coordinator, Principal, and School Director. After getting married, Lyle and his wife Rita decided to experience overseas teaching and have

Accumulating Wealth 13

Sell in May and Go Away – A Self-fulfilling Prophecy? A friend recently told me that he had sold all his shares because he feels May is a bad month for the stock market and that he can buy back when they fall lower. If the market is so easy to predict, everyone on the street will be a millionaire. As I wrote this in mid-May, the Dow Jones, S&P