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Showing posts from November, 2011

Oversupply of office space at Kuala Lumpur

There were 20 million sq ft of vacant space in the Klang Valley, 22.5 million sq ft of office space under construction and 25 million sq ft which had been approved for construction. The Government recently earmarked several areas for commercial development such as the KL International Financial District in Jalan Tun Razak, the 100-storey Warisan Merdeka, the Sungai Besi military airport and the Rubber Research Institute land in Sungai Buloh which are expected to come onstream within the next 10 years. Meanwhile, a report by CB Richard Ellis released earlier this month revealed that office yields in Kuala Lumpur prime area had been flat from 2005 until 2011, ranging from a low of 6.25% to a high of 6.75% Source: The Star

PR1MA Bill 2011 Tabled For First Reading

Good news for the nation. KUALA LUMPUR, Nov 21 (Bernama) -- The Perumahan Rakyat 1Malaysia (PR1MA) Bill 2011 was tabled for the first reading in the Dewan Rakyat, here, Monday. It was tabled by Deputy Minister in the Prime Minister's Department Datuk SK Devamany. The bill seeks to provide for and regulate matters relating to the development and construction of housing, infrastructure and other facilities under this 1Malaysia people's housing programme (PR1MA). It is also to address the need for sustainable housing and community living in urban areas and geared towards creating a strategic socio-economic housing development model. The bill also seeks to set up the Perumahan Rakyat 1Malaysia Corporation, which consists of a chairman, not less than two but not more than five representatives of the federal government and not less than three but not more than five other members, and a chief executive officer. They will be appointed by the prime minister. The corporation will f

Bad IT project implementation

JPJ's path to IT hits snag PETALING JAYA: The Road Transport Department's path to advanced information technology has hit a snag, according to the Auditor-General's Report 2010. Its information technology building (PTM) in Cyberjaya was completed in March 2009 but the revamp of its computer system, which was planned eight years ago, has yet to take place. There were also hiccups in getting the building ready due to construction delays, water seepage problems, and defects to the walls, ceiling and floors which had to be repaired after the building was completed. Furthermore, the building, which was to house JPJ's mainframe and become its data and command centre, has no security fence as it had not been declared a "restricted area", the report said. The report said the tender process for the revamp of its computer software and system took longer than the entire construction period. The cost of the project, which started on Oct 1, 2007, increased by about R

Hit and run at KLSE

Always cautious. Do not fall into the trap. A RESURGENCE of interest in low-priced stocks, as traders actively hunt for the next big run in the local stock market, has thrown several penny counters into the limelight in recent weeks. According to Bursa Malaysia's record, at least six unusual market activity (UMA) queries have already been issued since the start of this month to penny-stock counters for the steep increase in their prices and sudden surge in volume. These include textile and chemical producer Maxbiz Corp Bhd; technology services provider GPRO Technologies Bhd; timber manufacturer Harvest Court Industries Bhd; plastic injection mould fabricator Sanichi Technologies Bhd; oil and gas investment holding company Hibiscus Petroleum Bhd; and consumer products trader Emico Holdings Bhd. Other penny stock counters that have also been actively traded in recent weeks were leisure management and property development company Karambunai Corp Bhd; air and water filters manufa

Congrats to Nicol David who wins the sixth world title!

A big congratulations to Nicol - one of the best athlete which Malaysia ever produced, at least in the last 20 years. ROTTERDAM: Nicol David created history by winning her sixth world title in emphatic fashion at the Luxor Theatre here yesterday with the promise of more to come. The undisputed queen of world squash was in devastating form as she pulverised long-time rival and world No. 2 Jenny Duncalf of England 11-2, 11-5, 11-0 in just 29 minutes in the final of the World Open. It was a perfect six for Nicol – six wins from six finals at the world meet, making her the most successful woman player in the history of the game. Ruthless: Malaysia's Nicol David (right) returning a shot to England's Jenny Duncalf during their World Open squash final in Rotterdam Sunday. — AFP She had earlier shared the honour, five titles apiece, with her mentor Sarah FitzGerald of Australia. The triumph is the latest narrative in the storied life of Malaysia's greatest spor

Japanese Buffet at Saisaki and Shogun

Saisaki Unit No1-9, 1st Floor, Wisma UOA II No. 21, Jalan Pinang, 50450 Kuala Lumpur. Te l: 603-21663728 Website: http://saisaki.com.my/ Buffet Lunch: RM53.80++ (Adult) Buffet Dinner: RM63.80++ (Adult) Buffet Lunch/Dinner: RM18.80++ (Child) - Buddha Jump Over The Wall (Limited 1 Person 1 Small Pot on Fri, Sat, Sun Dinner Only) - Chef Special Season Fresh Oyster with Sauce (Limited 1 Person 1 or 2) - Unagi Teriyaki Don-Buri (Limited 1 Person 1 Small Plate) - Chef Special Season Air-Flow Sashimi (Limited 1 Person 1 Plate) - Sliced Abalones with Chef Special Dressing (Limited 1 Person 1 Plate) The most value for money is to dine during lunch from Mon to Fri at RM 43.70. 50% off for Senior Citizens at all time. Birthday boys and girls dine for free on their birthdays. From the looks of the pictures and menu listing on the website, Saisaki and Shogun don't seem to serve "high end" items like unagi, lobster etc compared to Genji. But its price is half of Genji. Guess both

Opportunity is just next to you!

Russell Conwell - Acres of Diamonds "Acres of Diamonds" originated as a speech which Conwell delivered over 6,000 times around the world. It was first published in 1890 by the John Y. Huber Company of Philadelphia. The central idea of the work is that one need not look elsewhere for opportunity, achievement, or fortune—the resources to achieve all good things are present in one's own community . This theme is developed by an introductory anecdote, told to Conwell by an Arab guide, about a man who wanted to find diamonds so badly that he sold his property and went off in futile search for them; the new owner of his home discovered that a rich diamond mine was located right there on the property. Conwell elaborates on the theme through examples of success, genius, service, or other virtues involving ordinary Americans contemporary to his audience: "dig in your own back-yard!". Source: Wikipedia

Japanese Buffet at Genji, PJ Hilton

Suddenly craving for Japanese food and here's the research done :) Japanese Buffet at Genji, PJ Hilton Price Sat dinner and Sun lunch at RM 89++ (RM 104 nett) I'm eyeing for Unagi, Soft Shell Crab, Prawn Tempura, Lobster, Oyster, Tiger Prawn, Cod Fish and Sea Bass. Yum yum! More infos here: http://www.zestpj.com/genji/genji-post-1/ (Official website for Genji) http://food.malaysiamostwanted.com/venues/genji-japanese-restaurant-hilton-pj For reservations, please click here or call (03) 7955 9122 extn. 4071/2