Editor’s Note

www.b-i.biz

PUBLISHER B & I Worldwide Sdn Bhd

EDITOR Eric Tan

DEPUTY EDITOR Selina Messner

ADVERTISING Josephine Lim

EDITORIAL CONSULTANTS Pete Wong Christopher Fernandez

SENIOR DESIGNER Mohamad Azhar Kasim

PHOTOGRAPHER Jacky Lum

CIRCULATION Tan Wee Aik

HONORARY ADVISORS Datuk Merlyn Kasimir Dato’ Dr Ken Yeang Datuk Ar Tan Pei Ing Ar Chan Seong Aun

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EDITOR’SNOTE

The World Bank noted in its ‘Global Economic Prospects’ report that the on-going COVID-19 pandemic has caused the broadest collapse of the global economy since 1870; the world economy is projected to contract by 5.2% this year, the worst recession in 80 years.

Malaysia is also said to be facing its worst economic recession. The 3 months long MCO has driven many companies out of business, and over 800,000 people jobless. Based on the Department of Statistics Malaysia, the country’s gross domestic product (GDP) grew at just 0.7%, down from 3.6% in the fourth quarter of 2019. This is the lowest growth recorded since the third quarter of 2009 – negative 1.1%.

For real estate, many outlets including Corporate CEOs and data pundits continue to forecast various doomsday scenarios for the remainder of 2020, but some experts believe that we may be overestimating the impact of COVID-19. According to recent reports, there will disruption and challenges for the sector, however in the long term, COVID-19 is likely to act as a catalyst in the acceleration of vital megatrends.

B&I stands fully committed as the trusted platform to expand your expertise and consequently facilitate your business growth. With “going digital” fast becoming the new normal, our new business model focuses on digital circulation for a wider effective reach and facilitate access anytime, anywhere. Further, via EDM (e-broadcast) programme, our Advertisers will be able to deliver their advertisement digitally within 24 hours, especially to Building Professionals, Developers, Contractors etc. with new and ongoing projects.

We look forward to your continuous support in our digital transformation for mutual benefit. For advertising and editorial services, please contact Josephine Lim, WhatsApp or Tel: 019-273 8333; E-mail: b-i@b-i.biz

Thank you.

ERIC TAN, EDITOR b-i@b-i.biz

This magazine and its contents are provided “as is” and “as available”, without warranty of any kind, implied, express or statutory. The Publisher does not warrant the accuracy, adequacy or completeness of the contents and expressly disclaims liability for errors or omissions in the contents. The content available in the magazine and its website represents the opinions and judgments of the respective information provider.

NEWS & EVENTS

06 A round up of events and happenings within the industry

PROJECTS

18 Atlassian Sydney Headquarters 20 Shijiazhuang Zhao Hua Hospital 24 The Milestone

OUTLOOK

26 COVID-19 Impact on asia pacific real estate investment in first half of 2020

INFRASTRUCTURE

28 Rail Baltic Ülemiste Terminal

PRODUCTS & SERVICES

32 CSC Steel: realcolor® Primero 34 Nippon Paint: Trend Beyond Colours 2020/21! 36 Midea Airstill 38 IBS-Impact Certification 40 Pan United Contactless Technologies

CONTENTS JULY-AUGUST2020

CONCEPTS & DESIGNS

42 Ryogoku Yuya Edoyu 44 Kyiv Food Market 46 Vikasa On 24

LANDSCAPE

48 The Discovery Slides @ Singapore

REGULARS

04 Editor’s Note 52 B & I Project Report Malaysia 64 Exhibitions & Conferences 66 Advertisers’ Index

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