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Explosive Growth in Asia Pacific Public Cloud Services Market Continues: IDC

In 2022, Public Cloud Services market in Asia Pacific has reached a staggering $32.5 billion, marking a remarkable growth of 25.3 percent

Japan , China , Chinese , Asia-pacific , Liew-siew-choon , Public-cloud-services , International-data-corporation , Amazon-web-services , Senior-research , Huawei , Microsoft , Google

ESG in real estate gains traction

The practice of embracing environmental, social and governance (ESG) has been gaining a lot of traction over the past few years, especially within the real estate sector.

Malaysia , United-states , Canada , Malaysian , Canadians , Sdn-bhd , Datuk-choong-kai , Tenaga-nasional-bhd , Citra-sdn-bhd , Sp-setia-bhd , Siew-choon , Mk-land-holdings-bhd

Staying optimistic

In light of the various macroeconomic headwinds, Malaysian property developers are hopeful that the market will start to see an improvement next year.

China , Malaysia , Russia , Peninsular-malaysia , Malaysia-general- , Singapore , Ukraine , Bukit-merah , Perak , Malaysian , Malaysians , Raya-selangor

Check, and avert a tragedy

PETALING JAYA: Safety checks on electrical devices should be conducted frequently and faulty devices replaced promptly to avoid electrocution, say electrical experts.

Malaysia , Pahang , Petaling , Malaysia-general- , Taman-puncak-tringkap , Mohamad-arif-mohamed-kasim , Siew-choon-thye , Energy-commission-of-malaysia , Twitter , Electronics-association-of-malaysia , Energy-commission , Electronics-association

The perils of older buildings in the city

THE purchase of the Bangunan KWSP at Changkat Raja Chulan in Kuala Lumpur by Time dotCom Bhd may be an indicator of the current times.

Kuala-lumpur , Malaysia , Damansara , Malaysia-general- , Singapore , Malaysian , Jalan-sultan-ismail , Plaza-batai , Jalan-raja-chulan , Siew-choon , Permodalan-nasional-bhd , Changkat-raja-chulan

CTOS Digital, Malton, Pavilion REIT, Pacific & Orient, Carimin Petroleum, Global Oriental, Cuscapi

Based on corporate announcements and news flow on Friday, companies in focus next Monday may include CTOS Digital Bhd, Malton Bhd, Pavilion Real Estate Investment Trust, Pacific & Orient Bhd, Carimin Petroleum Bhd, Global Oriental Bhd, and Cuscapi Bhd.

Bursa , Turkey , Kuala-lumpur , Malaysia , Bukit-jalil , Malaysia-general- , Thailand , Singapore , Malton-bhd , Natsoftm-sdn-bhd , Cuscapi-bhd , Siew-choon

Plaza Batai to be torn down for redevelopment


PROMINENT businessman Tan Sri Desmond Lim Siew Choon is preparing to demolish and redevelop the 49-year-old Plaza Batai retail shoplots in Damansara Heights, Kuala Lumpur, which he recently acquired from Selangor Properties Bhd for an estimated RM100 million.
The Edge has learnt that Lim, who bought the upmarket Plaza Batai in affluent Damansara Heights, not far from where his Pavilion Damansara Heights project is taking shape, wants to build serviced apartments on the site.
Documents sighted by The Edge shows that a company called Motif Budi Sdn Bhd submitted a planning application on Dec 23, 2020, to Dewan Bandaraya Kuala Lumpur (DBKL) for approval. According to the plan, Motif Budi is seeking to amalgamate three parcels of freehold land (Lot PT 47052, Lot 53834 and Lot 53835), measuring 96,900 sq ft, to build two 19-storey blocks — Tower A and Tower B — with 152 units of serviced apartments each. The development will also include one floor of facilities for the residents, four floors of parking space and two floors of retail space.

Kuala-lumpur , Malaysia , Selangor , Noor-zatul , Jalan-johar , Siva-shankar , Siew-choon , Bukit-beruntung , Sering-manis-sdn-bhd , Aman-ikhtisas-sdn-bhd , Noor-zatul-hidayah-ahmad , Plaza-batai

Two businessmen snap up properties worth RM180 mil in prime KL locations


TWO commercial property deals worth nearly RM180 million have been transacted in the adjoining locations of Damansara Heights and Bukit ­Kiara in Kuala Lumpur, proving that there will always be a demand in prime locations despite a slow market.
Sources say Tan Sri Desmond Lim Siew Choon of Pavilion fame has bought Plaza Batai in Damansara Heights, while Datuk Vinod Shekar of Petra Group has purchased a sizeable office space at Senada at the TPC Golf & Country Club.
The Edge has learnt that Lim paid RM100 million to Selangor Properties Bhd (SPB) for Plaza Batai. When contacted for confirmation, SPB’s chief operating officer Chong Koon San declined to comment.

Kuala-lumpur , Malaysia , Selangor , Bukit , Sabah , Pusat-bandar-damansara , Laurelcap-sdn-bhd , Siew-choon , Jalan-batai , Sdn-bhd , Menara-milenium , Datuk-vinod-shekar