Business

The Dutch is Here

Another milestone reached as Medini, Iskandar Puteri witnessed the Malaysian Dutch Business Council’s (MDBC) third office opening here for its Johor Chapter recently, after Kuala Lumpur and Penang. The Johor Chapter chamber of commerce office was officiated by the Ambassador of the Kingdom of the Netherlands, Her Excellency Karin Mössenlechner, Chief Executive of Iskandar Regional Development Authority (IRDA) Datuk Ismail Ibrahim, Chairman of MDBC Zainul Rahim and Managing Director/Chief Executive

Construction Draws Interest from Private Investors in Malaysia

High levels of private sector investment are expected to drive growth in Malaysia’s construction industry this year, with investors seeking opportunities in the regions of Johor, Sabah and Sarawak. The Construction Industry Development Board (CIDB) recently forecast growth of 8% for the construction sector on the back of 7.4% expansion last year and 8.2% in 2015. In terms of value, the CIDB expects the industry to see RM170bn ($38.5bn) in

May Drill: Abd Razak bin Mohd Yusoff – Chief Executive Officer (Kumpulan Prasarana Rakyat Johor Sdn Bhd (KPRJ)) 3

Razak is a graduate from Universiti Teknologi Malaysia (UTM), with a degree in Town and Country Planning. He joined YTL Construction Sdn Bhd in 1992. He gained his knowledge in the construction industry there, specialising in the design and construction of the Nucleus Hospital projects. In 1996, he joined Trans Resources Corporation Berhad (TRC) and was involved in the construction of the Hotel Seri Malaysia chains. He was reassigned to

Johor’s Plans for Sustainable Growth to be Mapped Out in Forthcoming Report

Johor’s efforts to highlight its opportunities for investment outside of the state’s well established construction and real estate industries will be mapped out in a forthcoming report on Malaysia by the global research and consultancy firm  Oxford Business Group (OBG). The Report: Malaysia 2017 will shine a spotlight on the segments of the state’s economy that are expected to drive sustainable growth in the coming decade, which include logistics, tourism,

Accumulating Wealth 13

Has the Bull Lost its Steam? Recently, while everyone was talking about which counters to buy, the bull seemed to have lost its steam. Since the second week of April, the strong uptrend counters have turned sideways, mainly due to the geopolitical tension arisen in Syria and Afghanistan. To make things worse, pressure has risen after the US deployed an aircraft carrier off the Korean peninsula amid its joint military

Johor to Produce More Digital Entrepreneurs 1

Johor is aiming to produce around 15 to 20 youth digital entrepreneurs by 2018 and the recently launched Digital Entrepreneur Programme 2017 in Universiti Teknologi Malaysia (UTM) is believed to assist the achievement of that target. The digital economy is expected to contribute to more than 20% of the nation’s Gross Domestic Product (GDP) by year 2020. Aiming to provide exposure and platform for the youths to engage in the

April Drill: Jeslin Chong Siew Mei – Group Chief Operating Officer (Care Luxury Sdn Bhd) 3

Jeslin Chong has been in the Hotel industry for the past 18 years and she has gained a lot of experience in overseeing the daily operations of the organisation, establishing policies that promotes the company’s culture and vision, setting comprehensive goals for performance, handling guests’ needs, designing and implementing business strategies, budget, and has participated in expansion activities such as investments, acquisitions as well as corporate alliances. With this vast

The Golden Years – Part One

The Legacy – Part Two (Finale) Will A Will is a written instrument where an individual signifies his wishes as to the distribution of his estate after his demise. Since it takes effect only after death, the Will is revocable and can be modified at any time before the Will-maker dies. It is one of the cheapest and easiest ways to organise one’s estate and there are various ways in

Accumulating Wealth 7

The market is always not easy to predict. As John Kenneth Galbraith says, “We have two classes of forecasters: Those who don’t know – and those who don’t know what they don’t know”. Six months ago, very few predicted that we could be in the bull market now. Whether you have the Brexit or Trump effect, almost all the stock market indexes in the world have showed bullish. The VIS

MyFarm Outlet Opens Second Branch in Johor 2

Koperasi Iskandar Malaysia Berhad (imCoop) dubbed as second MyFarm Outlet programme in Johor has opened its doors to the public in Pengerang, aiming to offer customers with savings from 5% to 20% on fresh and agricultural products. Pengerang imCoop which is also owned and operated by Koperasi Pengerang Kota Tinggi Berhad (KOPETI) is imCoop’s 12th outlet operating in collaboration with related agencies such as Ministry of Agriculture (MOA), Federal Agriculture