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Showing posts from March, 2018

Oversupply of office and retail space in Malaysia

Bank Negara cautions of severe property market imbalances KUALA LUMPUR: Severe property market imbalances due to the acute oversupply of the office space and shopping complex segments, if left unchecked, can pose risks to macroeconomic and financial stability, warns Bank Negara Malaysia. In its Financial Stability and Payment Systems Report 2017 issued on Wednesday, it said that last year banks' end-financing for the purchase of non-residential properties stood at RM213.4bil (2016: RM209.1il). This was an annual increase of 2.1% (2016: 6.1%). "Such financing accounted for 26.1% of banks' exposures to the property market or 13.5% of banks' total outstanding loans.

BNM foiled falsified SWIFT cyber attempt

Good job, BNM! Bank Negara says it foiled cyber heist attempt KUALA LUMPUR: Bank Negara said on Thursday that it had detected and foiled a cybersecurity incident involving attempted unauthorised fund transfers using falsified SWIFT messages.  The attempted cyber heist was thwarted on Tuesday. "All unauthorised transactions were stopped through prompt action in strong collaboration with SWIFT, other central banks and financial institutions," the central bank said in a statement. http://www.thestar.com.my/business/business-news/2018/03/29/bank-negara-says-it-foiled-cyber-heist-attempt/

Larry Nassar allegedly wasn't the only sexual predator at Michigan State

Larry Nassar's boss, the Dean is the other sexual predator! What has MSU been doing all along? At Michigan State, it was one sexual predator managing another, prosecutors now charge. It was two pathetic doctors who saw women (or girls) as little more than objects to be used for their sexual desires. https://sports.yahoo.com/larry-nassar-wasnt-sexual-predator-michigan-state-170844877.html

Cheap parking to KLIA or KL Sentral

Parking rate at Putrajaya Sentral 6-12 am: RM 2 12-6 am: RM 6 From Putrajaya Sentral via KLIA Transit ERL To KLIA 2 @ RM 4.20 To KL Sentral @ RM 6.30 Got sample calculations and calculator some more ;-) 👍 Source:  Parking Murah ke KLIA / KLIA2 | Ada Kalkulator Untuk Kira Kadar Parking https://blog.pakej.my/info/tempat-parking-murah-ke-klia-atau-klia2/

CO3 and Medini Iskandar set to create ‘world’s most liveable work space’

Good to know! KUALA LUMPUR, March 18 — Bursting into the local start-up scene last year, CO3 Social Office Sdn Bhd is now collaborating with Medini Iskandar Malaysia (MIM) to develop what it ambitiously calls the "world's most liveable work space." The two companies signed a term sheet yesterday, with an agreement to be signed by June, which would see CO3 opening its social office campus at the soon-to-be completed Medini 9 office complex in Medini City, Iskandar Puteri. Unlike regular, co-sharing work spaces, CO3 aims to offer a space which will integrate work and play; where one can even make the office space a venue to unwind. This includes free yoga and photography classes, as well as an entrepreneurship exchange to Japan, among a host of programmes paid for by CO3 for its members, under the Liveability Model initiative. "The Liveability Model integrates the elements of work space, lifestyle and 'ourselves' into everyday life. We aim to elevate CO3 to a &