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Thread: 'Big dreams' for future of Singapore and Malaysia

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    Default 'Big dreams' for future of Singapore and Malaysia

    'Big dreams' for future of Singapore and Malaysia
    Andrea Ong
    The Straits Times
    Saturday, Sep 21, 2013

    KUALA LUMPUR - With ties in an excellent state, Singapore and Malaysia are now "dreaming big together" to forge a better future for their peoples, said President Tony Tan Keng Yam yesterday as the Malaysians rolled out the red carpet for his first state visit to their country.

    It reflects the new era in their bilateral relations, which Dr Tan traced to the close partnership in recent years between Prime Minister Lee Hsien Loong and Malaysian counterpart Najib Razak.

    Both leaders meet yearly for a retreat that has led to major agreements like the historic land swop deal in 2010 involving Malaysian Railway land in Singapore, and a 2011 agreement on the joint development of projects in Singapore and Iskandar Malaysia.

    This bond has had a rippling effect, with cooperation extending across many fields, including transport, communications, arts, culture and education, the President said at a state banquet hosted by Malaysia's King and Queen at Istana Negara last night.

    Similarly, the private sectors of both sides have "built on this confidence", he noted.

    "Our countries now have greater stakes in each other's success," he said, adding that projects like the proposed high-speed rail between Kuala Lumpur and Singapore will further enhance economic and people-to-people interactions.

    "We are dreaming big together, so our peoples will gain an enriching and secure future together," he said.

    The 73-year-old President, who has visited Malaysia many times in various capacities, also reflected on the changes: "I have watched the country transform over the years, making great strides in social and economic development."

    Earlier, he took in these changes first-hand during a State drive from Parliament Square to his hotel, accompanied by Yang di-Pertuan Agong Tuanku Abdul Halim Mu'adzam Shah. They passed such historical landmarks as Merdeka Square, the National Mosque and Kuala Lumpur Railway Station, against a backdrop dominated by modern skyscrapers.

    Dr Tan, who is on a three-day visit, was particularly struck by the mix of old and new. "The Petronas Twin Towers stand tall and proud alongside old heritage buildings, each setting off the grandeur and beauty of the other.

    "During our drive together today, I reflected that through it all, Malaysia has kept its heart and soul. Like the Kuala Lumpur of my youth, the city is still vibrant, colourful, and full of possibilities," he said.

    The drive was a highlight of a busy day that began with the King and Queen giving a ceremonial welcome which included a 21-gun salute, to the President and his wife Mary at Parliament Square.

    In keeping with the spirit of the visit, Dr Tan wore a blue shirt while the Agong wore a white shirt with a red tie and pocket square - together forming the colours of both countries' flags. Their wives wore pale green.

    In his speech at the state banquet, Tuanku Abdul Halim shared the President's sentiments on the long-standing partnership between their nations and the importance of enhancing connectivity across borders, which will have multiplier effects on their social and economic development.

    "We know of many important initiatives to usher in a new era of greater and more comprehensive partnership," he said.

    Both also pledged their countries' commitment to work closely on ASEAN, which Malaysia will chair in 2015 - the target for regional economic integration under the ASEAN community.

    Earlier in the day, PM Najib and his wife Rosmah Mansor called on Dr and Mrs Tan.

    The leaders, who held similar portfolios as Deputy Prime Minister and Defence and Education Ministers in the past, chatted before the official call.

    Singapore's Foreign Affairs Ministry said they reaffirmed excellent bilateral ties and the need to strengthen institutional links at all levels. They agreed there should be more cooperation between their public and private sectors. Dr Tan and PM Najib also welcomed the rapidly expanding economic ties, including the enhanced connectivity and twinning of economic activities between Singapore and Iskandar Malaysia.

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    http://news.asiaone.com/news/singapo...e-and-malaysia

  2. #2
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    I feel it benefits more them then Singapore.

  3. #3
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    A Short Story.

    Country M can drive it train down to the heart of country S forever(Freehold).

    One Day Country M decided to give up the right to drive it train down in exchange for some piece of land in Country S and Country S can go over to Country M to buy Freehold land.

    For the exchange country S get 50% of the land in country S with country M. Lot of Country S complain of losing Billion in the exchange. While other were very happy that Country S get to gain Billion in the exchange.

    Depending on how your look at a glass of water that is 50% fill, it can half fill or half empty.

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    We lack of three impt things...
    >> land, labour & water. now that we have clear ourselves from water with the new technology, we are still in need of land and labour.

    to move up higher in the value chain, we need to keep the lower end of the value chain near to us so that we can coexist and generate the desired economic activities. naturally, Mal is our best choice, besides Batam.

    the economic zones setup near to us is of our desired strategy. However, you need to know the intended objectives our our garmens and also the objectives of investors and developers going into places like Iskandar. The ultimate consequences are untested and rushing in unknowingly could get oneself burnt! especially now at this juncture, with currency/interest rate risk and tapering of QE looming... you rather pay more in places that has a market then in areas which are untested. Now it seems to late for ppl to rush in.

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    Quote Originally Posted by lajia View Post
    We lack of three impt things...
    >> land, labour & water. now that we have clear ourselves from water with the new technology, we are still in need of land and labour.

    to move up higher in the value chain, we need to keep the lower end of the value chain near to us so that we can coexist and generate the desired economic activities. naturally, Mal is our best choice, besides Batam.

    the economic zones setup near to us is of our desired strategy. However, you need to know the intended objectives our our garmens and also the objectives of investors and developers going into places like Iskandar. The ultimate consequences are untested and rushing in unknowingly could get oneself burnt! especially now at this juncture, with currency/interest rate risk and tapering of QE looming... you rather pay more in places that has a market then in areas which are untested. Now it seems to late for ppl to rush in.
    Yes agree. The problem is after years later when u intend to sell malaysia property sell to who?? So many new launches in johor might have a problem to sell later.

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    Quote Originally Posted by star View Post
    Yes agree. The problem is after years later when u intend to sell malaysia property sell to who?? So many new launches in johor might have a problem to sell later.
    We should go over and buy enough land and than Annex it as one of Singapore New Town with our own security.

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    Quote Originally Posted by Arcachon View Post
    We should go over and buy enough land and than Annex it as one of Singapore New Town with our own security.
    Interesting idea , will be popular with Singaporeans if it goes through. But dunno if the Malaysian government would approve of it...

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    See so much goes into property development is jin scary for the last 2 yrs


  9. #9
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    Out of balance, this location is supposed to be focusing on manufacturing....now, property investment for the past two yrs has over taken, looks like a big danger sign ahead...

    Quote Originally Posted by dtrax View Post
    See so much goes into property development is jin scary for the last 2 yrs


  10. #10
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    Quote Originally Posted by lajia View Post
    Out of balance, this location is supposed to be focusing on manufacturing....now, property investment for the past two yrs has over taken, looks like a big danger sign ahead...
    i guess alot depends on urban planning and supply/demand.. since developers see more profits selling properties, sell condos gaogao make money, why not?

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