Analysts are now convinced that the bombs that exploded outside the “Big C” supermarket in the southern Thai provincial capital of Pattani on Tuesday afternoon were the work of the Barisan Revolusi Nasional (BRN). The bombs—a small one apparently planted in motorcycle in the store’s parking area whose explosion was followed by that of a larger one planted in a stolen pick-up truck in front of its main entrance—left sixty people injured.
Speculations of China’s rise and America’s relative decline have been around for some time, and the Trump presidency has rekindled discussions on the prospect of China replacing the US as the most dominant global power. The Trump-Xi summit in Miami, which starts tomorrow, may fuel this perception in a number of ways.
“Bandar Malaysia – More Questions than Answers” by Serina Rahman
The Bandar Malaysia project was launched in May 2011; a 197ha development under the 1MDB Real Estate arm that was meant to be a new business district of Kuala Lumpur as well as a major transport node, housing the terminus of the High Speed Rail (HSR) to Singapore and perhaps Bangkok. After the fallout from 1MDB, Bandar Malaysia fell under the auspices of TRX City Sdn Bhd, a wholly-owned subsidy of Malaysia’s Ministry of Finance (MOF). In December 2015, 60% of Bandar Malaysia was sold to a consortium comprising Iskandar Waterfront City (now Iskandar Waterfront Holdings (IWH)) and the China Rail Engineering Corporation (CREC), a Chinese state-owned company, at a signed value of RM12.35 billion (S$4 billion). IWH-CREC thus became the master developer for Bandar Malaysia. The projected market value of that agreement today, based on the illustrated selling price of RM2000 psf, is RM42 billion (S$13.6 billion).