This is the first of a two-part series. Jones Lang Wootton’s in-house research indicates that the annual net office take-up in the Klang Valley in 2016 and 2017 was 1.25 million sq ft and 0.57million sq ft respectively.
When Adam Smith, champion of capitalism, wrote The Wealth of Nations in 1776, he could not have foreseen that someday many of the world’s biggest companies would be giving away their services for free. But that’s exactly what’s happening in today’s digital economy. Costs are rapidly approaching zero across a wide range of services as we drift further from a society focused on money and traditional economics to a digital-heavy culture that demands free apps and 24/7 access to information. In lieu of dollars or euros, companies are bargaining for people’s attention — and data. A new economic paradigm This… This story continues at The Next Web