Demand for residential, commercial properties to grow
KUALA LUMPUR: Property developers in Penang are set to benefit from the opening of new factories by both local and multinational corporations (MNC) as well as state government projects and population growth.
In a sector report, Maybank Investment Bank Research (Maybank IB) identified S P Setia Bhd, Tambun Indah Land Bhd, IJM Corp Bhd and Eco World Development Group Bhd (EcoWorld) to be among the main beneficiaries from the growing Penang property market.
“More job opportunities have been created with the opening of more local and MNC factories and this has drawn demand for new residential and commercial properties, the former due to housing needs of the rising population base.”
The research house also pointed out that the Baru Kawan area could benefit from the Penang state government’s intention to develop a medical hub there as well as 1,156 acres within the Batu Kawan Industrial Park (BKIP) 2 in Byram, Nibong Tebal.
“These projects augur well for population growth and should continue to boost the demand for properties,” the research house noted in the report.
It added that Penang’s residential property sales rebounded strongly by 50% year-on-year in the third quarter of 2022, due to the economic recovery and despite the three overnight policy rate hikes since May 2022.
Maybank IB said S P Setia’s Setia Fontaines project in Bertam, on the Penang mainland, offers a similar eco theme as Setia Eco Park, but is more affordably priced like Setia Alam (both of which are in Shah Alam, Selangor).
“The project, which mostly offers landed properties, is expected to have a remaining development period of at least 25 to 30 years.”
Since the launch of Setia Fontaines in 2018, Maybank IB said the project has generated stable and growing sales for S P Setia.
“In 2021, Setia Fontaines contributed RM157mil sales or 4% of S P Setia’s Malaysian property sales.
“Catalysts to the project include an industrial park (850 acres) nearby, which could offer employment opportunities and attract new population to the area over the longer term.”
Separately, the research house said EcoWorld’s Eco Horizon project is strategically located in the heart of the Batu Kawan commercial area and is riding on booming job opportunities and commercial activities there.
“The property development projects in Batu Kawan have become more mature.”
Maybank IB noted that the completion of Penang’s second bridge in 2014 and the new BKIP are the game changers for the Batu Kawan area.
“Apart from its prime location, we attribute the success of Eco Horizon to right product offerings, namely landed properties versus its peers that are mostly involved in high-rise.”
“In its financial year 2022 (FY22), Eco Horizon contributed 12% to EcoWorld’s total sales,” Maybank IB noted.
Meanwhile, Maybank IB said IJM’s The Light City project in Gelugor, Penang, will be a mega integrated waterfront project comprising two towers of premium condominium units, a retail mall, offices, a convention centre and a hotel.
“The retail mall, offices, hotel rooms and convention centre are slated for completion by 2025.
“By then, we believe The Light City would reshape the commercial market of Penang island as the major commercial spaces are currently located at the north of Penang island,” it said.
It added that IJM is in advanced stages of negotiations with a hotel operator from China but is making no changes to its earnings forecasts for the group, at the moment.
Separately, Maybank IB said Tambun Indah’s Pearl City project in Simpang Ampat is a good proxy to the booming Batu Kawan area.
“Tambun Indah has been careful in launching new projects and has focused on clearing unsold stocks over the last few years.
“Its average take-up rate continued to improve to 81% as at September 2022 (from 79% as at June 2022).”
Maybank IB noted that Tambun Indah’s main products are generally affordable, landed properties. In the third quarter of this year, the company will be launching Dahlia Garden in Pearl City.
“Dahlia Garden, which has an estimated gross development value of RM107mil, will comprise residential terraces (185 units) and semi-detached houses (24 units) priced between RM470,000 to RM650,000 per unit.”
For the nine-month period of Tambun Indah’s FY22, Maybank IB estimated the developer’s locked-in property sales stood at RM133.2mil, which is 2.3% above its FY22 sales target of RM130mil.
“Tambun Indah usually has relatively lower unbilled sales (RM90mil as at end-September 2022) than its peers, as it only launches a new project when the project is 20% to 30% completed, hence it will hasten revenue recognition.”
Bersatu's party accounts have been frozen by the MACC, just one day after the party declared its 2020 and 2021 accounts.
The matter was confirmed to Malaysiakini by Bersatu supreme council member, Muhammad Faiz Na'aman.
It is believed that the freeze is related to the MACC's probe on government funds amounting to RM92.5 billion of pandemic stimulus funds that were allegedly misappropriated.
Dr. Wada in Japan advocates calling people over 70 years old as “fortunate people” rather than “elderly people”. He summed up the secret of 70-year-olds becoming “lucky ones” into “42 sentences”
Seniors over the age of 70 do not need regular physical examinations because the “standard of health” varies from person to person. He also said: “Don’t believe what doctors say.” This is because doctors are in contact with “patients”, so they do not understand what health is. At the same time, he also opposes the long-term use of multiple drugs by the elderly, and advocates “only take necessary drugs when necessary.” In other words, “taking medicine to prevent something” makes little sense.
According to this point of view, the elderly do not need to take sleeping pills frequently. Loss of sleep time as you age is a natural phenomenon, and no one dies from insomnia. 24 hours a day, sleep whenever you want, wake up whenever you want, this is the privilege of the elderly.
In addition, the cholesterol level that the elderly are generally worried about, even if it is high to a certain extent, there is no need to worry. Because cholesterol is the raw material for the body to generate immune cells. The more immune cells, the lower the risk of cancer in older people. in addition, part of the male hormone is also composed of cholesterol. If the cholesterol level is too low, men’s physical and mental health will be unsustainable.
Likewise, high blood pressure doesn’t matter at all. More than 50 years ago, human malnutrition was widespread. So, when blood pressure reaches around 150, the blood vessels burst. But very few people are malnourished these days, so even blood pressure over 200 won’t cause a blood vessel to burst.
Dr. Wada summed up the secret of 70-year-olds becoming “fortunate people” into “42 sentences”, as follows:
1, Keep walking
2 Take a deep breath when you feel irritable
3. Exercise so that the body does not feel stiff
4. Drink more water when the air conditioner is on in summer
5. The more you chew, the more energetic your body and brain will be
6 Memory declines not because of age, but because of long-term non-use of the brain
7. No need to take a lot of medicine
8. No need to deliberately lower blood pressure and blood sugar levels
9 Only do what you love, not what you hate
10. No matter what, don’t stay at home all the time
11. Eat whatever you want, the fat body is just right
12. Do everything meticulously
13. Don’t deal with people you hate
14. Rather than fighting the disease to the end, it is better to live with it
15. “The car must have a way to the front of the mountain” is the magic spell to make the old man happy
16 You can’t fall asleep and don’t force it
17. Doing happy things is best for boosting brain activity
18. Find a “family doctor” early
19. Don’t be overly patient or force yourself, there is nothing wrong with being a “bad old man”
20. Stop learning and you will grow old
21. Don’t be greedy for vanity, it’s good to have everything you have now
22. Innocence is the privilege of the elderly
23. The more troublesome things are, the more interesting they are
24. Do what is good for others
25. Live leisurely today
26. Desire is the source of longevity
27 Live as an optimist
28. Cheerful people will b popular.
29. The rules of life are in your own hands
30. Accept everything calmly
As the world still grapples with supply-chain backlogs (partially) caused by China’s strict Covid-19 policies, it has become painfully obvious how vulnerable the global economy is to national or even regional disruptions, especially if they happen in China, the world’s number one supplier of goods.
Over the past few decades, China has grown to become the world’s manufacturing hub and largest goods exporter by a significant margin, turning it from emerging market into economic superpower. According to estimates from the IMF’s latest World Economic Outlook,
the country will account for 18.8 percent of the world’s GDP based on purchasing power parity (PPP). That’s up from just 8.1 percent two
decade ago, when both the United States and the EU were miles ahead of China’s economic output.
Over the past 20 years, both the U.S. and
the European Union have seen their economic superiority challenged, as new powers, such as China, India and others have emerged. While the U.S.
saw its share of global GDP decline from 19.8 to 15.8 percent between 2002 and 2022, the EU’s share dropped from 19.9 to 14.8 percent of the
same period.
The gap between China, the U.S. and the EU will likely widen over the next few years, as the economic outlook for the
latter two is cloudy with a chance of recession, while China is expected to continue growing at mid-single-digit growth rates.
Steady trade: Workers use computer terminals to monitor remote operations at a container port in Tianjin. China has now become a major trading partner for more than 140 countries and regions, with its total trade of goods up 7.7% y-o-y in 2022, topping the world for six consecutive years. — AP
Annual average growth of 4.5% between 2020 and 2022, outpacing the world average of around 2%
BEIJING: In its three-year-long fight against Covid-19, China posted outstanding results in economic development and epidemic control, reinforcing its status as a leading engine for the global economy.
From 2020 to 2022, China’s economy posted an annual average growth of 4.5%, outpacing the world average of around 2%, according to Yuan Da, director of the Department of National Economy of the National Development and Reform Commission.
In 2022, the economy grew 3% year-on-year (y-o-y) to a record high of 121 trillion yuan (US$18 trillion or RM76.3 trillion), with the increment standing at 6.1 trillion yuan (RM3.8 trillion), equivalent to the economic aggregate of a medium-sized country.
It also marks a new and higher level in terms of economic aggregate after the Chinese economy topped the thresholds of 100 trillion yuan (RM62.5 trillion) and 110 trillion yuan (RM68.8 trillion) in 2020 and 2021, respectively – maintaining its position well as the world’s second-largest economy.
Analysts attributed the hard-won results to the country’s effective coordination in fighting Covid-19 and its economic fallouts simultaneously.
Thanks to effective virus control and timely pro-growth policies, China’s economy has quickly emerged from the epidemic-induced slump and consolidated its recovery momentum for a brighter outlook.
To cope with the constantly evolving epidemic situation, China has been dynamically optimising its control measures while enhancing the treatment and vaccination capacity, effectively safeguarding the lives and health of its 1.4 billion population at minimum costs.As of Jan 13, 92.9% of the Chinese population has been fully vaccinated, with more than 90% of people above 60 covered by vaccination.
With Omicron much less pathogenic and deadly, China, in December last year, announced ten new measures to lift numerous Covid-19 restrictions. On Jan 8, its management of Covid-19 was officially downgraded from Class A to Class B.
Less than one month after the optimisation of Covid-19 response measures in December 2022, China reported declining numbers of fever patients and critical Covid-19 cases as both had passed the peak. In the just-concluded Spring Festival holiday, China’s consumption made a strong comeback.
During the week-long holiday, sales revenue of China’s consumption-related sectors rose 12.2% from the same holiday period in 2022. Its cinemas sold 129 million tickets, generating a whopping revenue of 6.76 billion yuan (RM4.2bil), the second highest-grossing to date.
Wen Bin, the chief economist with China Minsheng Bank, said that warming demand at home would propel the turnaround in the Chinese economy this year and estimated the country’s full-year gross domestic product growth at around 5.5%.
Aside from the overall economic growth, China also made significant headway in maintaining consumer price stability, guaranteeing food and energy security, and improving people’s livelihoods.
In 2022, China’s consumer price index grew by 2%, a fraction of the increases reported in the United States, the eurozone and Britain. It is also lower than those of other emerging economies.
Amid a global food crisis, the country has secured a bumper harvest for the 19th year in a row, with its grain output at about 686.53 billion kg in 2022, up 0.5% from 2021.
A total of 11.86 million, 12.69 million, and 12.06 million new urban jobs were created in 2020, 2021, and 2022, respectively, all surpassing the targets set for each year.
Despite the gloomy global investment environment, China remains one of the most attractive investment destinations in the world.
Foreign direct investment in the Chinese mainland, in actual use, expanded 6.3% y-o-y to 1.23 trillion yuan (RM768.8bil) in 2022.
China has now become a major trading partner for more than 140 countries and regions, with its total trade of goods up 7.7% y-o-y in 2022, topping the world for six consecutive years.
Recently, multiple international investment banks and financial institutions, including Morgan Stanley, Goldman Sachs, HSBC, Barclays, and Natixis, have upwardly revised their forecast for China’s economic growth rate in 2023, betting on the country’s rosy prospects and strong resilience. — Xinhua
Age is not a vice that ruins your life! A 89-year-old malaysian
cardiologist reveals the secret of his longevity and excellent health – Heathy Blog
The famous Malaysian cardiologist, Dr. Mahmood Bukhari, retired at the age of 70, but didn’t just sit back suffering in old age,
neither mentally nor physically. For more than 19 years, Dr. Mahmood has been retired and the pension fund probably hates him! Today he is 89
years old and looks and feels like 60.
Picture of Dr. Mahmood Bukhari’ work place.
Š¢he secret of old age is in blood vessels. If they are clean and healthy, one can live 120 years or more, feeling in
perfect health. The retired cardiologist is a living proof.
Our reporter managed to get an interview with him. Dr. Mahmood describes in detail his methodology for blood vessel cleansing and
prolonging life.
– Dr. Bukhari, you have repeatedly stated that clean blood vessels are the foundation of good health. Why do you think so?
– The answer is obvious. The work of all internal organs and systems depends on the quality of blood circulation. What is actually the blood circulation? It is the supply of oxygen and nutrients, as well as the removal of carbon dioxide and waste products from the metabolism in the internal organs. In childhood, adolescence and youth one is actively moving, the blood vessels are young, elastic and clean – the nourishment of all organs is optimal.
But as we age, we are moving less and there the vessels get clogged up.
This is due to a variety of factors – not only harmful (e.g. smoking, poor nutrition, polluted environment, stagnant lifestyle) but also
completely natural (e.g. lipid deposition, which happens to every person as they age).
What are clogged vessels? Imagine pipes that are full of rust. What is the end result? The result is that the pressure increases and
the taste of the water itself is spoiled. The same happens with blood vessels.
When cholesterol or other substances are deposited in them, blood pressure (Dirty containers are the main cause of hypertension!),
the blood itself has impurities, blood circulation is getting worse. In the end, all organs and systems suffer, and they, after all, make up
the person. Because even the skin is an organ.
Gradually, one begins to age. If blood vessels are cleaned periodically, one can live for at least 120 years, with no illness –
neither the organs nor the joints, and most importantly, their brain will work normally. This means that cleansing the bloodstream can
significantly prolong life and improve health. And this is not just a theory. I have always recommended it to my patients, and I practice it
today. Everyone who listened to my advice on time has survived their peers.
Thus, a gradual blockage of the blood vessels occurs. If you have not cleaned them once, and you have already passed 40 years, your
arteries and veins are heavily polluted. This will soon negatively affect your health if it has not happened.Thus, a gradual blockage of the blood vessels occurs. If you have not cleaned them once, and you have already passed 40 years, your arteries and veins are heavily polluted. This will soon negatively affect your health if it has not happened.
– To what diseases does blood vessel obstruction lead?
– As I said, the whole organism suffers from it. But first of all, those organs and systems that are directly related to blood
circulation, namely the cardiovascular system.
Contamination of blood vessels also causes other diseases such as:
1. Atherosclerosis. The vessels cease to function, the smallest veins are completely blocked, and the large ones have large deposits of cholesterol.
2. Ischemic heart disease. It occurs due to regular blood deficit in coronary vessels, which in turn develops against vascular contamination of the veins and arteries.
3. Stroke. With permanent damage to the blood supply to the brain tissues, nerve endings begin to die, resulting in the loss of certain functions.
4. Hypertension. When the blood vessels become narrowed as a result of obstruction, blood pressure is increased.
5. Varicose vein enlargement. It affects not only the legs (which often worries women), but also inside the body. One of the consequences of varicose vein enlargement is hemorrhoids.
6. Venous and arterial thrombosis. In case of prolonged contamination, blood clots can form in the blood vessels, resulting in complete destruction of the vessel, which in turn can cause the death of individual cells in one or another organ. If the thrombus clears and gets into the blood, it can cause blockage of the blood vessels in the heart, that is, a heart attack that in 70% of cases ends with death.
Types of heart disease
Four times more people die of cardiovascular obstruction than all other ailments put together. Doctors are aware of this, knowing that
cleansing blood vessels is a necessity, but for some reason this practice is not present in our medicine. For hypertension, most doctors
prescribe pills to lower blood pressure. But the pills do not cure the condition, but only provide temporary relief. And you just have to clean
the blood vessels.
By the way, in the West, for more than half a century, people at the age of 40 onwards need to take care of that. There everyone is
aware of the importance of cleansing the blood vessels. Our ignorance of the matter is frankly mystifying.
– Are there any symptoms that make it clear that vessels are obstructed?
– Yes of course. The main symptoms include:
1. Migraine 2. Poor memory 3. Chronic fatigue 4. Insomnia 5. Problems in bed 6. Deterioration of vision and hearing 7. Increased blood pressure 8. Dyspnoea and angina 9. Pale skin on the feet 10. Pain in the muscles and joints
But even if you do not have these symptoms, you still need to clean the vessels at least once every 5 years after 30 years of age.
This way you will enjoy excellent health.
In fact, blood vessels are quite quick to gather obstructions, especially in the elderly. Do not think this is due just to poor eating
habits. It is enough to eat sausage or even eggs occasionally to get cholesterol deposits. As time goes by, these deposits build up
– Could you tell us your secret to cleaning out your blood vessels?
Until recently, the process of blood vessel cleansing took me months. I personally picked herbs, searched for them on the market, or
ordered them over the internet, then prepared them. I am not doing this anymore, as my foreign colleagues from the Institute of Cardiology have
recently created a very good and cheap food supplement, designed to clean blood vessels.
It is called CORACIO. It is generally designed to normalize blood pressure and improve hypertension, but it manages this through cleansing of arteries and veins. Therefore, it fulfills perfectly the purposes of longevity.
Coracio is a very good tool that allows the cleaning of even highly obstructed blood vessels within 1-2 weeks of regular intake.
I also want to note that this food supplement contains no chemicals, but only highly concentrated plant extracts useful for cleaning the blood vessels, so it not only does not harm but is very useful for the body.
Patients still contact me for consultations, including blood cleansing. Recently I’ve just been recommending them this food supplement. It helps every time.
There are official statistics on the site of the Institute of Cardiology, the cleaning of the vessels, which was obtained from the
results of clinical research. Approximately 2000 patients participated in the studies. All of them have taken CORACIO.
Survey results:
Normalization of blood pressure within 1-2 days of taking the preparation – 99% of the participants in the study
Normalization of the heart rate for the course – 97% of those surveyed
Complete cholesterol cleansing for the course – 99% of those surveyed
Increased efficacy in the treatment of chronic diseases – 99% of those surveyed
Improvement of general health – 100% of those surveyed
Absence of side effects of the preparation – 100% of the investigated
– How much does CORACIO cost and where to buy it?
– You probably know that I’m a retiree myself, and I can’t afford medicine, prices being what they are. That’s why I would not
recommend an expensive drugs. CORACIO is a very affordable product, especially now – UNTIL CORACIO IS SOLD WITH A 50% DISCOUNT.
The supplement is fundamental in combating hypertension. Under this program, anyone willing to receive the 50% discount is available.
More details on how to get “CORACIO” with delivery to any point in the country
You will then be contacted by a coordinator who will specify the delivery address
After 1-3 days (required for delivery) a courier will visit you and you will receive your CORACIO shipment. (Cash On Delivery / COD).
To maintain the purity of the blood vessels, I recommend the course once every 1-2 years. This is especially important for older people. If you fall into this category, you can greatly strengthen your health and delay the aging process. Ultimately, pure blood vessels are a guarantee of good health.
– Thank you very much, Dr. Bukhari, for such a detailed interview.
In our personal conversation, Dr. Bukhari admitted that he still cares for his vegetable garden and helps his children, who are also retired. His wife Azlina is 91 years old. They both do an annual course of blood vessel cleansing. In the doctor’s opinion, they would have died long ago, like most of their peers, had they not practiced this purification.
UPDATE: JAN 30 2023 (Monday): Good news to all readers today! You can still avail and get the last day sale of 50% off promo discount on “CORACIO”.. Promo offer will end anytime today. Click this link to check their website promo status.
Father and son? Or brothers? Hong Kong actor Joe Ma (left) has been praised by netizens for his youthful appearance. Photo: Joe Ma/Instagram
Hong Kong actor Joe Ma has long been praised for his youthful looks and fit physique.
The Flying Tiger 3 star is fondly regarded as “an ageless god” among his legion of fans.
Recently, an old photo of Ma with his son Zai Xiang, 24, and wife Karen Cheung, 53, resurfaced on Weibo. The picture was taken last July at Zai Xiang’s graduation ceremony in Australia.
China Press reported that many netizens left comments praising the 54-year-old actor on how youthful he looks compared to his son, who’s 30 years younger than him.
“The son looks a lot more mature than the father,” said one netizen.
“What did Joe Ma feed his son?” another commented.
This isn’t the first time Ma’s appearance has been compared to Zai Xiang.
(From left) Joe Ma with his son, Zai Xiang, 24, and wife, Karen Cheung, 53. Photo: Karen Cheung/Weibo(From left) Joe Ma with his son, Zai Xiang, 24, and wife, Karen Cheung, 53. Photo: Karen Cheung/Weibo
In 2021, the actor uploaded a photo on Instagram of him with his son on the set of TVB series, The Kwoks And What. The actor's son plays the younger version of Ma's character in the drama.
Many netizens commented saying the duo looked more like brothers rather than father-and-son.
Ma credits his youthful looks to his diet.
"I opted for a vegetarian diet and ate more whole grain food for eight months. That's how I lost weight.
"My face doesn't look bloated and my eyelids look deeper now. Plastic surgery wouldn't be able to achieve this," he told Hong Kong media in 2018.
Zai Xiang graduated with first-class honours degree in Mechanical Engineering last July in Sydney, Australia. In 2019, he reportedly signed with the same company his father is currently under, Shaw Brothers Studio.
, IJM Corp Bhd
Picture of Dr. Mahmood Bukhari’ work place.
