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Bloomberg has carried a report on the situation at 1MDB that Malaysians must keep a sharp eye on:

The Edge Financial Daily said this week the fund had missed a 2 billion ringgit ($563 million) loan repayment on Dec. 31. It has been given until Jan. 30 to settle the debt, which was first due on Nov. 30, the article said, citing people it didn’t identify.

Batu Ferringhi residents have launched an online petition expressing concern about high-rise high-density projects that could mar the tranquil setting (what remains of it) of this popular coastline.

This is the link to the petition.

Meanwhile, the Penang Structure Plan 2005-2020, which is the overriding planning document for Penang (just below the National Physical Plan), has this to say about the area. Note the densities specified:

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