31 May 2010

MBE belum muktamad - PM

Kerajaan kena perihatin perasaan orang Melayu sambil menjaga kepentingan kaum-kaum yang lain.  UMNO harus memenangi balik hati nurani orang Melayu.  Kita tidak mahu berlaku apa yang dikejar tidak dapat dan apa yang dikendung berciciran.  Kera di hutan pula disusukan, sementara anak di rumah mati kelaparan. Ayam di kepuknya sendiri mati kelaparan, itik di air kolamnya sendiri mati kehausan. Kita kenak ingatkan diri kita selalu sebelum terlambat. Wallahu A'lam.









WAKIL-wakil NGO menyanyikan lagu Negaraku semasa majlis Perasmian Penutup Kongres Ekonomi Bumiputera di PWTC, Kuala Lumpur, malam tadi. - Mingguan/Ahmad Zakki Jilan




KUALA LUMPUR 29 Mei - Datuk Seri Najib Tun Razak menegaskan, Model Baru Ekonomi (MBE) masih belum dimuktamadkan. Sebaliknya, kata Perdana Menteri, ia merupakan cadangan daripada pakar-pakar untuk menjana pertumbuhan ekonomi negara supaya mampu bersaing di peringkat dunia.

Najib berkata, cadangan MBE bukan bermaksud kerajaan mengetepikan agenda Melayu dan bumiputera.
Sebaliknya tegas beliau, kerajaan akan terus mendapatkan reaksi dan buah fikiran masyarakat Melayu bagi menjadikannya lebih dinamik demi memantapkan ekonomi negara.

''MBE adalah cadangan pemikir yang melihatnya daripada sudut global tetapi kita masih mendengar pandangan akar umbi mengenai perkara ini.
''Model ini bukan mengetepikan agenda Melayu tetapi mencari pendekatan yang mampu memberi hasil yang lebih besar.

''Orang Melayu jangan khuatir, saya akan meneliti semua pandangan yang diterima termasuk menerima Majlis Perundingan Melayu (MPM) sebagai rakan perundingan utama,'' katanya.
Najib berkata demikian semasa berucap merasmikan Majlis Penutup Kongres Ekonomi Bumiputera anjuran MPM di Pusat Dagangan Dunia Putra (PWTC) di sini malam ini.

Perdana Menteri berharap, rakyat terutama orang Melayu tidak seharusnya berasa sangsi bahawa beliau tidak akan mendengar isi hati mereka dalam pelaksanaan MBE.

''Tidak mungkin saya sebagai Presiden UMNO tidak mendengar suara orang Melayu yang merupakan majoriti penduduk Malaysia.

''Saya tidak akan khianati perjuangan dan semangat ayahanda Tun Abdul Razak yang memperkenalkan Dasar Ekonomi Baru (DEB) begitu juga semasa kita melaksanakan MBE,'' katanya.

Perdana Menteri seterusnya memberi jaminan akan memastikan orang Melayu turut mampu bersaing di peringkat dunia tanpa mengabaikan bangsa lain yang turut berperanan membantu kesejahteraan negara.
Tegas beliau, dalam memajukan negara, jangan pula mengambil sikap memaki hamun bangsa lain kerana sokongan mereka juga amat penting.

''Islam mengajar kita supaya berlaku adil bukan hanya kepada sesama sendiri (Islam) tetapi turut perlu berlaku adil kepada bangsa lain.

''UMNO mampu bertahan sehingga kini ialah kerana kita berlaku adil kepada bangsa lain,'' katanya.

A LIFE APART - An inspirational story

Conjoined twins Kendra and Maliyah Herrin made medical history when they were separated. Here, for the first time, the family shares its story of love and survival 
 Kendra and Maliyah Herrin, enjoying life separated Photos by Cathy Free

AT A CLINIC in Salt Lake City, the ultra­sound technician moved the transducer in slow circles over Erin Herrin’s abdomen. Erin, 20 and already the mother of a two-year-old girl, was 18 weeks into her second pregnancy.

“Wow! Do you see that?” said the sonographer, zeroing in on a pair of small, fluttering images. “Two hearts! Congratulations – you’re having twins.” Erin wasn’t entirely surprised; she’d felt extra kicks this time, though her obstetrician had heard only one heartbeat during earlier tests. She grinned at her husband, Jake, 21, who stood holding her hand.

Then the sonographer stopped the exam. “Just a minute,” she said. “I want the radiologist to take a look at this.”
The Herrins waited anxiously as the specialist arrived and studied the ultrasound scans. “It looks like you’re having conjoined twin girls,” he said at last, his tone apologetic. “I really can’t tell you much more than that.” He scheduled an appointment for them to meet with a perinatologist the following Monday – four long days away.
On the drive home, Erin, a homemaker, ran down a preliminary list of questions: Where are the babies connected? Can they be separated? Will they ever have a normal life? Are they even going to live? Jake, a computer network manager, tried to reassure her. “Let’s not panic,” he said. “Maybe they’re just attached by a bit of skin and there’s a way to fix it.”

As it turned out, the twins shared a great deal more than that. If they made it to term, their only hope of independence – from each other as well as from their caregivers – would be a surgical procedure of almost unima-ginable complexity. In fact, it would be the first operation of its kind.

WHEN THEY GOT HOME from the clinic that autumn day in 2001, Jake and Erin looked up conjoined twins online. They learned that in one out of 100,000 pregnancies, a fertilised egg fails to divide fully into identical twins, leaving two foetuses joined at some point along their bodies. For unknown reasons, about 70 percent are girls, and in most cases, their shared internal organs are severely deformed. Up to 60 percent of conjoined twins are stillborn; of those who survive birth, 35 percent live only one day. The overall survival rate is 25 percent.
The first successful separation took place in Switzerland in 1689 – a simple case involving superficially joined twins. But such operations remained almost unheard-of until surgical techniques improved in the 1950s. Since then, a few dozen sets of twins worldwide have been separated. Survival rates vary depending on where the twins are connected, from 82 percent for those joined only at the abdomen to zero for those who share a heart.
At the perinatologist’s office, the Herrins learned that their twins were joined frontally at the abdomen and pelvis. They had two legs (each twin controlled one) and shared a liver and a large intestine. To deliver the girls, Erin would need a large vertical Caesarean section, which could result in huge blood loss.

The doctor told the couple that, because of the enormous complications, Erin would be risking her life to go ahead with the birth.

The Herrins’ Mormon religion permits abortion in certain cases – when the foetus has defects that would prevent it from surviving beyond birth, for instance, or when the mother’s health is in danger. But Erin said that was not what she wanted. So the perinatologist referred the couple to Dr Rebecka Meyers, chief of paediatric surgery at Primary Children’s Medical Center in Salt Lake City. At their first meeting, Dr Meyers told the Herrins their twins had strong vital signs and good odds of making it to term.

“Jake and I looked at each other and knew we had to go forward,” Erin recalls. “There wasn’t any doubt.”
IN HER 26TH WEEK of pregnancy, Erin began haemorrhaging, and shortly afterwards her water broke. Her doctors were able to prevent a miscarriage but kept her in the hospital on strict bed rest. Lying on her back day after day, she hardly dared to think beyond the babies’ birth.

On February 26, 2002, Kendra and Maliyah were born by C-section, eight weeks premature. Together, they weighed just 2.8 kilograms. “They were beautiful,” says Jake. “They just happened to be stuck together.”
Too small to survive on their own, the twins were whisked off to the hospital’s intensive care unit. Prematurity was far from their only problem. When they were three days old, tests showed that only one of the girls’ three kidneys – the one on Kendra’s side – was functional.

No-one could be sure how long the organ would support both twins, but as the weeks passed, their condition stabilised. After two months in the ICU, the girls were strong enough to go home, and their parents were ready to think about the future.

Separation was central to the Herrins’ plans. The ideal age for dividing conjoined twins is generally six to 12 months – old enough to withstand the traumatic surgery but young enough that it leaves fewer psychological scars – and the couple imagined that the girls would learn to walk with one leg apiece, aided by prostheses.
“We knew that rehab would be expensive and complicated,” Erin says. “But we’d found a family in Seattle whose daughters had been through it, and they were doing beautifully.”

In most respects, Kendra and Maliyah were good candidates for the operation. For conjoined twins of their type, the success rate is about 63 percent. But when Erin and Jake shared their hopes with Dr Meyers, she gently discouraged them. No-one had ever tried separating twins who depended on a single kidney, she explained. Such a procedure would pose unprecedented challenges for Maliyah, who lacked her own organ. If the girls were separated, she would need dialysis until she recovered from the operation – and then a kidney transplant.
“I’d give both my kidneys if it would help her,” Erin said.

Dr Meyers assured her one would be enough. “You might be the perfect donor,” she said. “Unfortunately, that’s not an option right now.” Infants did not do well on dialysis, and Maliyah’s body was too small to accommodate an adult organ.

“When will she be big enough?” Jake asked. The doctor’s answer made the couple’s hearts sink: “Let’s see how she’s doing in four or five years.”

IF CARING FOR newborn twins is challenging, handling two babies who share a lower body is even harder. “Holding them, trying to balance their little heads, I was overwhelmed,” says Erin.
Everyday tasks were daunting. The girls required feeding tubes for several months. They had trouble sleeping because one would roll onto the other or hit her with a flailing hand. Strangers made cruel remarks. When either girl came down with a cold, so did the other. They spent their first birthday in the ICU with respiratory infections. During each crisis, Erin worried that she was neglecting her older daughter, Courtney.

But the family adjusted. Erin found a way to prop the twins in their crib so they slept better. She made clothes by sewing pairs of dresses together. When the girls could no longer fit in a regular car seat, the couple had a special one built. Friends and relatives helped with chores and babysitting.

Before long, the twins discovered they could get around by scooting on their rear end. They learned to climb stairs, dress themselves, and jump on a trampoline. One day, at age three, Kendra called to Erin, “Look at us, Mum!” The girls had pulled themselves to a standing position – an achievement doctors had said would be impossible without surgery.

By then, the Herrins knew having the twins had been the right decision. The couple had experienced a rocky patch after Courtney was born and had even lived apart for a few weeks. Now they were closer than they’d ever been. Says Jake: “We realised that Kendra and Maliyah had made us stronger.”

AS THE GIRLS’ fourth birthday approached, their parents looked forward to the day when each could function on her own. But then came an event even more unlikely than having conjoined twins: Like one mother in seven million, Erin became pregnant with twins a second time. She couldn’t give a kidney to Maliyah until she’d recovered from delivering Austin and Justin. (Others had offered to donate, but Erin was the best match.)
She and Jake began to have doubts about the surgery. Kendra and Maliyah were learning to use a walker. They got along so well that their condition sometimes seemed less a curse than a blessing. “I knew I’d miss bathing them together, tucking them in together,” Erin says. “And they were happy. I thought they were perfect the way they were.”

There was also the trauma of the separation to consider. Dr Meyers assured the couple that their daughters were strong enough to survive the initial surgery. Afterwards, however, Maliyah would have to be on dialysis for months before she recovered enough to receive her mother’s kidney. More operations would be needed to reconstruct the twins’ bodies. Artificial legs could help restore their mobility, but because the girls would not have an upper leg bone, to which a standard prosthesis is typically attached, the only devices available were crude and cumbersome. Was it really fair – or necessary – to put them through all of this?

Dr Meyers couldn’t say for sure. Still, she told Erin and Jake, inaction carried its own risk. “So far, the girls have done fine on one kidney,” she said. “But if they hit a major growth spurt, it could overtax the organ.”
Torn, the couple prayed together. They consulted child psychologists and medical ethicists. They sought advice from an internet support group for parents of conjoined twins, with a dozen members in the United States and Australia. Still, says Jake, “we felt alone – like we were the only people in the world going through this.”
Although the Herrins had never intended to burden the girls with the decision, the twins wound up tipping the scales. “You mean I can be playing on the computer while Maliyah plays with Barbies in the other room?” Kendra asked one day when Erin raised the subject.

“And we can sleep in our own beds?” added Maliyah.

Erin nodded, and the twins giggled happily.

CUT-APART DAY, as the girls called it, was scheduled for August 7, 2006. Two months before the surgery, Kendra and Maliyah were admitted to Primary Children’s, where doctors inserted balloon expanders into their torso, filling them with a little more saline solution every week. The devices, often used in reconstructive surgery, gradually stretched the girls’ skin so there would be enough to cover the tissue left exposed by the separation. To ease the discomfort, the twins slept on a mattress filled with soft sand.

Preparing them psychologically was equally important. Erin made the girls a long paper chain so they could count down to the big day. The hospital’s counsellors gave them each a pair of dolls, sewn together, which they could separate when they felt ready. Kendra cut hers apart right away; Maliyah waited until shortly before the surgery.

At 7 am on August 7, the twins lay on a gurney as a nurse wheeled them towards the operating room. They seemed calm, even cheerful. Hospital staffers had decorated the corridor with lift-the-flap posters celebrating the girls’ individuality – Who likes caterpillars? Maliyah. Who likes butterflies? Kendra – and they stopped the cart under each one, making the trip into a kind of scavenger hunt. At the last moment, though, both twins broke down: “I don’t want to go! Let us stay with you!”

Their parents stroked and soothed them while hiding their own anxiety. “Letting them go,” says Erin, “was the hardest thing I’ve ever done.”

“SEPARATING CONJOINED twins is never standard,” says Dr Michael Matlak, one of the surgeons who operated on the Herrin girls. No two sets of twins are joined in quite the same way, and there’s always a chance that something will go fatally wrong.

Kendra and Maliyah’s team included six surgeons, five other specialists, and more than 25 nurses and technicians. With Dr Meyers acting as director, they spent 16 hours dividing the girls’ torsos, rerouting their circulatory systems, and allotting each twin a share of liver and intestines. Then, just after midnight, they split into two teams – Maliyah’s led by Dr W. Bradford Rockwell, and Kendra’s by Dr Matlak – to put each girl back together.

“My God, what have we done?” Dr Matlak exclaimed when he saw the gaping fissures where the twins had been connected. The paediatric surgeon had performed six separations in the past, but he’d never encountered wounds as massive as these. He wasn’t sure Kendra would have enough extra skin to cover the chasm running half the length of her body.

His colleagues fell silent, and Dr Matlak walked out to compose himself. In a nearby room, he found the twins’ parents and other family members gathered. The surgeon told them of his concerns for Kendra, and the group began to pray. Dr Matlak returned to the operating room, his doubts allayed. “All right,” he said as he prepared to move Kendra into an adjoining room. “Let’s close her up.”
FOR THE NEXT ten hours, the two teams worked simultaneously to rebuild each girl’s pelvis and abdominal wall. There was enough extra skin to cover both girls’ incisions – in Kendra’s case, just barely. At 9.30 the following morning, the twins slept in the ICU, in separate beds for the first time. The nurses pushed their cots together so that when they woke up, they could look at each other and hold hands.

When the Herrins saw their daughters, they held each other and wept. “Everything we’d gone through for the past five years came rushing back,” says Jake. “It was such a powerful thing – like they were born again.”
The surgeons were moved as well. Dr Matlak retreated to an empty room, where he broke down in tears. “Joy and gratitude just washed over me,” he recalls. Dr Meyers checked the girls’ vital signs; she was astonished to see that their blood pressure and heart rates were still identical. “Twins have a special bond,” she said. “There’s no doubt about that.”

Courtney, then six, was less impressed with the outcome. When she saw her sisters in the hospital, she cried, “Mummy and Daddy, why did you take them apart? I liked them the way they were!”
THE TWINS’ ORDEAL wasn’t over. They stayed in the hospital another 12 weeks. Maliyah underwent dialysis three days a week, which often made her so ill that she had hallucinations. Kendra needed surgery for an intestinal blockage. The skin around both twins’ incisions began to retract, requiring treatment with “wound vacs” to suction away dead tissue and stimulate new growth.

By April 2007, when Maliyah was ready to receive her mother’s kidney, the couple were emotionally drained. “The girls had been to the brink of death and back, and the whole family had gone with them. We had to make one last push, but it was pretty hard for all of us,” Erin says.

The transplant was successful, but only time could answer the question that haunted the Herrins: Had all the twins’ suffering been worthwhile?
“KENDRA, HURRY!” Maliyah calls out, tapping at a keyboard in her parents’ study. “I’m sending you an email!”
Climbing into a chair nearby, her twin logs on to another computer. “Dear Kendra,” says the message in her inbox, “you’re my best friend. Love, Maliyah.”
As she types a reply, Kendra glances towards her sister. “You can’t look yet,” she warns Maliyah. “It’s a secret.”
The six-year-old twins need more surgeries to straighten their spines (which formed a V when they were conjoined), but in most respects they’re thriving. They’re busy with playdates and swimming lessons and started Primary One in September. By early next year, their parents hope to have them fitted with prosthetic legs. Meanwhile, the girls are learning to use crutches, though Maliyah still prefers scooting around on the floor.
The twins have not forgotten their conjoined days. “Sometimes we still pretend we’re stuck together,” Kendra says. “But now we can do more things.”

They can keep secrets from each other. They can play hide-and-seek with their brothers and Courtney, who has realised that her sisters’ separation actually adds to the fun. They can decorate their own bedrooms and choose their own Halloween costumes. “Little things like that have made a huge difference,” says Erin. “I want them to grow up thinking that anything is possible.”

In one important way, though, the girls haven’t changed. Some nights, when Erin and Jake look in on them, they find that one twin has sneaked into the other’s room. Kendra and Maliyah are cuddled together in the same bed – side by side, as they’ve been from the start.

30 May 2010

Importance of Road Safety


Road Safety is very important because many innocent lives were lost due to  sleepy, speeding irresponsible and drunkard drivers.  After the accidents, these drivers ( if they survived the accidents) would lead very traumatic lives and full of remorse because due to their careless actions, they have lost their loved ones.  Their beloved wives , their young children who potentially could have had live a life of their own becoming professionals, getting married and having children and grandchildren of their own.
 
What a waste.  So I would like to urge my readers to tell their loved one to be careful on the road or highways and   to drive carefully.  It is a fundamental truth that speeding kills.  
 
Lets remember Morphy's Law that says "if anything can go wrong it will go wrong"  Every engineers worth their salt will remember this Morphy's Law.
 
So the thing to  remembered is ALWAYS BE CAUTION ON THE ROADS/HIGHWAYS. 
 
Thank you and HORAS :-))
 

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By Eileen Ng
KUALA LUMPUR: Two proposed amendments to the Road Transport Act 1987 — to raise compound fines for traffic offences from RM300 to RM1,000 and increase the legal age for riding motorcycles from 16 to 17 — have been scrapped.

Road Transport Department sources said the decision to pull out the amendments was made after gathering feedback from various quarters.

The government had withdrawn the bill during the Parliament sitting in April following objections from the Barisan Nasional Backbenchers Club (BNBBC).

The sources said feedback was sought from BNBBC, non-governmental organisations and the public.
“There were numerous objections. Many felt the amendments would be a burden to the people, especially the low-income group and those living in rural areas. The (transport) minister decided to heed their views and drop the proposals,” said the source.

Although the two proposed amendments have been scrapped, the bill will still be re-tabled in June for a second reading as there are other clauses that need to be debated in Parliament.

They include proposals for the implementation of the Automated Enforcement System which utilises hi-tech digital cameras to capture motorists who violate traffic rules as well as rules governing the use of alternative fuel vehicles.

Another source said at last week’s cabinet meeting, Prime Minister Datuk Seri Najib Razak stressed the importance of tabling the bill in the June sitting.

“The prime minister wants the bill to be tabled fast in the interest of the people,” he said.

Transport Minister Datuk Seri Ong Tee Keat said the two amendments were just proposals.

“Some things have been blown out of proportion,” he said after opening the Franchising and Entrepreneur Conference at Mid Valley Exhibition Hall yesterday.

In an immediate reaction, Malaysian Institute of Road Safety Research director-general Professor Dr Ahmad Farhan Mohd Sadullah said the decision to scrap the two amendments would not necessarily mean there would be more accidents.

“It depends on people’s attitude. One of the ways to address road safety is for the public to follow existing traffic rules,” he said.

Federation of Malaysian Consumers Associations president Datuk N. Marimuthu said itwas the attitude of drivers that contributed to accidents and stiffer fines would not alleviate the problem.

“People should talk to their loved ones and families about the importance of following traffic rules and not to drive recklessly. If you love your life, you won’t do anything to endanger yourself,” he said.

National Parent-Teacher Association chairman Associate Professor Dr Ali Hassan said parents and teachers should play an active role in educating the young on the need to practise good driving behaviour.

“There is no point raising the age limit and penalties if parents and teachers don’t play an active role in educating their charges.

“At the very least, the stakeholders — from parents to community leaders — should contribute to ensure the young obey traffic rules.”

The Association for the Improvement Of Mass Transit spokesman M. Zulkarnain Hamzah said stiff penalties would only work if improvements were made to the public transport system.

29 May 2010

GAS rally may be the turning point

Gelombang dalam MIC  sudah bergerak.  Samy Vellu kena mengundurkan diri seperti apa yang dilakukan oleh Dr Mahathir pada tahun 2003 dan Pak Lah pada tahun 2009.

Expiry date kepimpinan Samy Vellu dalam MIC sudah lama lupus.  Berundurlah dengan cara terhurmat.  Itu saja jalan keluar baginya.  

Tambahan cubaan tembakkan Vell Pari kepada UMNO hanyalah peluru kapur saja dan memakan diri sendiri sahaja.

Sekarang kenalah dia jilat balik ludahnya yang telah dihamburkan itu.  Wallahu A'lam

28/05/2010
 
Analysis by V. Shankar Ganesh and Patrick Sennyah
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REGARDLESS of the success of this weekend's Gerakan Anti-Samy Vellu (GAS) rally, observers said Datuk Seri S. Samy Vellu will remain as president -- at least, for now.
The duly-elected president of a party cannot be ousted by such a display of discontent.

But senior party leaders admitted that the future of the party may well depend on the support GAS receives.

"If 10,000 people turn up, I am confident several leaders will also make their stand known.
"As it is now, these leaders are facing tremendous pressure from the community, including prominent figures who are urging them to make a stand on the matter.

"These leaders are now in a dilemma ... whether to stand by Datuk Seri S. Samy Vellu or to give in to the pressure from the community," said a party leader. "Is he going to end up sacking the entire CWC if more speak out against him?"

The party leader said the MIC party constitution accorded the president "tremendous power" which many felt was being abused.

"From what we understand, to sack a CWC member, the president must consult his deputy before exercising such powers.

"In this case, it was learnt that the president was not 'consulting' his deputy, but merely informing him after the sacking was done."

Another party leader said the main aim of tomorrow's gathering was to demonstrate the support behind calls for the president to step down earlier than his announced date of September 2011.

"If there is a large crowd tomorrow, the pressure on Samy Vellu will be tremendous. I am sure a strong showing will open the floodgates for more members, including several senior leaders, to speak out."

Kelana Jaya division vice-chairman P. Balasubramaniam offered a solution, Samy Vellu could take a leave of absence as president for six months and hand over the reins to his deputy.

"Give Palanivel six months. If he is unable to prove himself and hold the party together, then the doors would be wide open for Samy Vellu to pick another successor.

"This would be the best compromise solution to diffuse the current turmoil and pacify all conflicting factions."

Balasubramaniam urged the CWC to convene an emergency meeting to stop the president from arbitrarily using his presidential powers.

"Samy Vellu's biggest error was to bring in his son. This has caused plenty of discontentment among party members who fear that he may try to force his son into a strong party position before he leaves."

A party observer pointed out that had the allegations against Umno been made by some other CWC member, Samy Vellu would have definitely initiated disciplinary action against him for attempting to cause disunity among the Barisan Nasional component parties.

"The allegation against Umno was baseless. Where is the proof? Now, Vell Paari has put his father in a bigger fix, with members calling for Samy Vellu to take action against his son (S. Vell Paari) over the statement.

"In fact, Vell Paari's statement has put MIC in a bad light. Now, we are like black sheep in the BN."

Party insiders agreed that the momentum had picked up now that several central working committee (CWC) members had spoken out against the president.

The biggest shock was the defiance of secretary-general S. Murugesan.

Murugesan's move may encourage others to follow suit.

Despite his many perceived shortcomings, Samy Vellu has held the party together for 31 years, albeit through some forceful means.

Sec-gen turns on Samy Vellu

29/05/2010
By Patrick Sennyah and Minderjeet Kaur

PETALING JAYA: The MIC edged closer to a crisis mode when its secretary-general S. Murugesan, openly defied party president Datuk Seri S. Samy Vellu yesterday. Hints first surfaced on Thursday that the 43-year-old lawyer — appointed to the powerful post by Samy Vellu, 73, in September last year —was troubled by the manner in which the president had gone about sacking those who had challenged his decision to quit by September next year.

Yesterday, risking losing his position — as observers interpret the severity of his action — the secretary-general convened a press conference at the same venue the now-prominent sacked deputy MIC Youth chief V. Mugilan was updating the media on tomorrow’s launch of Gerakan Anti-Samy Vellu (GAS) to pile the pressure on the party chief to hasten his exit.

Murugesan said he had been inundated with telephone calls and text messages from party members and others in the community, prodding him to make a stand amid the growing controversy on the question of when Samy Vellu should relinquish the post he has held since 1979.
But Murugesan said he was not specifically fussing over the tenure of the president nor the merits in arguments asking him to step down now.

“What I am against is the use of presidential powers to expel a member. That is not what Article 61.2 of the party constitution stipulates.

“They should be given a chance to defend themselves at the disciplinary committee. Sacking is not the first, but last option,” he said.

Article 61.2 empowers the president, after consultation with his deputy, to expel a member who has spoken or acted in any way detrimental to the interests of the party.

Murugesan was referring to the recent sacking of Mugilan, central working committee (CWC) members K.P. Samy and G. Kumar Amaan; and that of Petaling Jaya division leader V. Subramaniam, better known as Barath Maniam.

Samy Vellu had invoked his presidential powers to sack the four, who had spoken out against his retirement plan announcedonMay17,without affording them a hearing.

Murugesan reminded the president that it was he who had set the precedent some 40 years ago by publicly asking the then president, Tun V.T. Sambanthan, to step down.

“History is repeating itself ... or you can call it karma,” he said, referring to a movement that started in 1970, with Samy Vellu reportedly the driving force, to oust Sambanthan, the party leader since 1955.

Sambanthan was succeeded by Tan Sri V.Manickavasagam who served until 1979 when SamyVellu took over.

On Thursday, another CWC member, P. Palaniappan, similarly expressed his dissatisfaction over the sackings, at the venue of Mugilan’s press conference.

Murugesan said he was not joining GAS, merely using the platform and visibility it now provides to speak against the sackings.

On his position,he said:“I thank Samy Vellu for appointing me as the party secretary- general. It is the highest appointed post and I am mindful of the heavy responsibilities.


Murugesan: Party must come first

“For the record, I am also an elected CWC member and it is the very foundation upon which I was appointed as the secretary-general. In view of this, I am answerable to the delegates, the branch chairmen and to my fellow MIC members.

“I cannot forsake my own conscience and the interests of the party to safeguard my own position in the party.

“I have stood up and I am willing to face the consequences. My actions are my own. By all accounts, I have a bright political future and I am making these statements after much thought,” he said.

Murugesan lost in his bid to secure the Subang parliamentary seat in the 2008 general election.

He said the MIC was a democratic party with a system of checks and balances and the delegates had voted in CWC members for a reason.

“If anyone disagrees with the views of another member, he should offer counter arguments, not expel them.

“The Indian community is watching us. The nation is watching us.We are sending the wrong signals to Indian youths who might be interested in joining the party.

“Don’t forget, we must go back to the voters who ultimately decide our fate.”

He said many other MIC leaders were unhappy with the sacking of the four CWC members and it was up to them to voice it out.

“I still have great faith in the MIC and its ability to lead the Indian community. I love this party and it is the responsibility of each member to make it strong and safeguard its democratic principles. This is my contribution towards that cause.”

At a press conference afterwards, Mugilan said 15,000 people were expected to attend the GAS gathering, which would now be held at the Mines International Convention and Exhibition Centre.

“We have a police permit and it will be a peaceful rally.”

28 May 2010

MIC Sec-Gen criticises Samy's expulsion of CWC members

Kita hendak tahu juga apa akhirnya cerita MIC ini.  Kalau takut dipukul ombak jangan berumah di tepi pantai.

Ini gendang perang ini yang sedang berlaku di dalam MIC ini.  Semua pemimpinnya pada semua peringkat kena buat keputusan yang tepat untuk terus berpengaruh.dalam MIC.  Salah pilih buruk padahnya.

Ditelan mati emak diluah mati bapak.  Dilemma sungguh keadaannya.  Siapa yang bijak membaca keadaan saja yang akan naik ke atas.  Sama-sama kita lihat sebulan dua ini siapa akhirnya yang akan memimpin parti tersebut.
 
By Izatun Shari


“Please remember, it was this current president who set the precedent some 40 years ago by asking the then president Tun V.T. Sambanthan to step down. You can call it some kind of karma,” says Murugesan 

PETALING JAYA: MIC secretary-general and elected CWC member S. Murugesan says party president Datuk Seri S. Samy Vellu should not have summarily expelled CWC members who had criticised him.
He said presidential powers should have been used as the last resort and not as the first option.

He said the expelled members should have been given the right to explain and then referred to the disciplinary committee.
S. Murugesan

“This shakes democracy in the party,” he said at a press conference on Friday.
Samy had expelled two CWC members KP Samy and G Kumar Amaan, as well as MIC Youth wing deputy chief V Mugilan and Petaling Jaya division’s V. Subramaniam. On Thursday, another CWC member P. Palaniappan had also criticised the president's summary expulsions of his critics.

“The Indian community and the nation are watching. The MIC president seems to be sending the wrong signal to those who are considering joining the party,” he told reporters.

“This approach shakes democracy in MIC. Democracy in MIC should be strengthened, not threatened,” said Murugesan, who appeared right before another press conference by sacked MIC Youth deputy chief V Mugilan on Gerakan Anti-Samy Vellu’s impending gathering on Sunday.

However, Murugesan declined to say if he was backing demands for Samy Vellu’s immediate resignation.
“I am not here to argue about the tenure of the current president or the merit in the argument in asking him to step down.”

Murugesan said he was merely expressing his opinion as he did not agree with expulsion by using presidential power without giving the CWC members the right to be heard at the party’s disciplinary committee.

“This is my own principle. I have carefully thought of the consequences. It has nothing to do with views or actions by others.”

He said that the provision in the party constitution and rule to sack members in the party was not intended to protect the president from challengers.

“Please remember, it was this current president who set the precedent some 40 years ago by asking the then president Tun V.T. Sambanthan to step down. You can call it some kind of karma.”

Asked whether he accepted Samy Vellu’s retirement plan to step down in September next year, he said : “I am only expressing my opinion. My statement has nothing to do with that. I have stood up and I am willing to face any consequences.”

“I am not against Samy Vellu. We can all have differing opinions,” he said adding that taking action against those with differing views was ridiculous.

“The way to put it right is to argue back,” he said.

Asked whether he anticipated more dissenting views from CWC members, he said : ”A lot of people are talking, whispering. How many will risk everything, I don’t know.”

He said he was mindful of his heavy responsibility as the party’s secretary-general and had carried out instructions of the president and the CWC, but he had the obligation to protect the interest of the party and its members.

As an elected CWC member, he said he was answerable to delegates, branch chairmen and members.
He said he had forsaken his political future by coming up to voice up his opinion but it had come to a point that he could not live with his conscience and the people who voted for him to safeguard his own position in the party.

On whether he supported GAS, which was calling for Samy Vellu to step down immediately, he said :”I have not formed any opinion on that. I’m a loyal MIC member. People can have their own opinion.”

Samy's son Vell Paari apologies to UMNO

Perpatah di kalangan  orang-orang tua kita.  

Bercakap waktu siang pandang-pandang, bercakap waktu malam dengar-dengar.  

Sebab pulut santan binasa,  sebab mulut badan binasa.  

Terlajak perahu boleh diundur, terlajak kata buruk padahnya.

Sendiri buat sendiri tanggunglah.


By A Letchumaan


KUALA LUMPUR: MIC Central Working Committee member S. Vell Paari has apolgised for claims that Umno was employing political assassins to get rid of his father, MIC president Datuk Seri S. Samy Vellu.
In a statement, he said it was clear that Umno was not involved in any way with the Gerakan Anti Samy (GAS).

“Many Umno leaders have clearly stated that they have not encouraged or worked with former MIC Youth deputy leader V. Mugilan in any way.

“Therefore I would like to say sorry to the Prime Minister, Deputy Prime Minister and Umno for my earlier statement,” he said.

Vell Paari said that it was his duty to defend his father when he came under attack by GAS leaders like Mugilan, K.P. Samy and G. Kumar Aaman.

“I was also reacting to the fact that Mugilan and Kumar had repeatedly and publicly dragged Umno’s name into their recent statements and actions,” he said.

He said he had also explained his position to the Prime Minister earlier Friday.
“Moving forward, I hope we can all put this behind and work together as we always have in the Barisan family,” he said.

26 May 2010

Penang govt irons out issues with Malay Chamber of Commerce

GEORGE TOWN: The state government’s meeting with the Penang Malay Chamber of Commerce to thrash out several problems – including claims that the rights of Malay traders were being sidelined – has been successful.

Chamber deputy president Syed Hassan Syed Ali Aidid said that following the meeting with Deputy Chief Minister 1 Mansor Othman, it was agreed that traders would be allowed to run their business at the Penang Road Bazaar and at the pasar Ramadan at Komtar Walk.

The demolition of the Do Re Mi Cafe in Tanjung Bungah today has also been postponed until further discussion, he added.

Syed Hassan told a press conference yesterday that Mansor also agreed to meet with the Penang Night Market Traders Association to find a solution to their woes over the issuance and renewal of night market licences.

Tensions between the chamber and the state started last September when the Penang Municipal Council tried to take action against traders at the bazaar.

During the meeting, Mansor, who heads a task force overseeing the issue of illegal hawkers and tearing down illegal buildings and structures, met the chamber’s committee, led by president Rizal Faris Mohideen Abdul Kader, and two representatives each from the Penang Road Bazaar and the Penang Night Market Traders Association.

“The meeting was a very good start. We finally sat down to discuss matters and both sides had a chance to better understand each other’s situation,” said Syed Hassan.

24 May 2010

8 ciri eksekutif syarikat berbakat gagal dalam kerjaya

SYDNEY, Australia 23 Mei - Kajian terbaharu yang dijalankan oleh pakar perancangan penggantian ketua pegawai eksekutif, TalentInvest telah mengenal pasti lapan ciri-ciri yang boleh menyebabkan eksekutif syarikat yang paling berbakat 'tergelincir' di dalam kerjaya mereka.
Satu daripada empat eksekutif kanan gagal dalam tempoh 18 bulan pertama selepas pelantikan mereka, demikian menurut Majlis Kepimpinan Korporat yang berpangkalan di Amerika Syarikat. Ini hanya dipercepatkan sejak krisis kewangan global ekoran kesulitan dan kekaburan yang belum pernah berlaku yang dihadapi oleh banyak perniagaan.

Ketua TalentInvest, Meena Thuraisingham berkata, "Punca utama kegagalan di dalam kerjaya bagi para eksekutif adalah kerana terlalu mengikuti dan bergantung kepada sifat dan tindak-tanduk yang berjaya dan digunakan oleh mereka di dalam kerjaya sebelum ini. Kekuatan yang telah memacukan seseorang eksekutif ke puncak sesebuah organisasi boleh juga menjadi punca yang menyebabkan kejatuhan mereka." "Ketika perniagaan menjadi lebih rumit, ketidakupayaan untuk menyesuaikan diri dan belajar dengan pantas dan cekap menjadi punca utama kegagalan mereka.

Perkara ini sangat ketara semasa krisis kewangan global, yang menguji ketabahan walaupun pemimpin perniagaan yang paling berjaya."

Thuraisingham menawarkan khidmat nasihat kepada syarikat- syarikat senarai awam di United Kingdom, Singapura, Hong Kong dan India mengenai perancangan penggantian ketua pegawai eksekutif telah menjalankan penyelidikan itu pada 2008.

Penyelidikan itu memberi tumpuan kepada eksekutif yang telah menjadi sebahagian daripada proses formal perancangan penggantian ketua pegawai eksekutif dan telah dikenal pasti semasa proses ini sebagai mempunyai potensi memiliki ciri- ciri ketua pegawai eksekutif.

Lapan ciri-ciri penting yang dapat menggagalkan eksekutif itu ialah;
- Membiarkan kekuatan untuk menjadi liabiliti
- Salah tanggap orang dan perhubungan
- Memperkecilkan kerumitan cabaran
- Tidak dapat menerima hakikat
- Menjalani pemulihan terlalu perlahan selepas sesuatu kekecewaan
- Kegagalan untuk belajar dan menyesuaikan diri
- Mengetepikan kelemahan atau maklumat balas mengenai kelemahan ini
- Terlalu lama berada dalam kumpulan yang salah. Ciri-ciri ini dan toksid dan mengehadkan struktur organisasi yang membawa kepada satu peningkatan di dalam kegagalan eksekutif telah dimasukkan di dalam buku terbaru Thuraisingham, bertajuk Derailed - What Smart Executives Do to Stay on Track.
"Buku ini bertujuan memaklumkan kepada para eksekutif kepada gejala bahaya yang tersorok dan isyarat amaran dan menyediakan kepada mereka dengan beberapa strategi kejayaan yang praktikal untuk membantu mereka membina GPS dalaman seperti sistem bagi mengemudi menerusi halangan dan cabaran yang tidak boleh dielak," kata Thuraisingham.
Namun, ia juga penting untuk merealisasikan bahawa kegagalan dan halangan itu tidak semestinya tidak baik. Pembelajaran peribadi yang penting boleh terbit daripada kekecewaan dan kegagalan bagi seorang eksekutif yang bersifat terbuka untuk belajar daripada kekecewaan itu.
Maklumat latar belakang Meena Thuraisingham adalah merupakan Pengetua TalentInvest (www.talentinvest.com.au) dan adalah seorang ahli psikologi organisasi, yang memberi nasihat kepada syarikat-syarikat senarai awam di Australia, Asia dan United Kingdom mengenai perancangan penggantian ketua pegawai eksekutif.
Beliau adalah penulis 'Careers Unplugged-Essential Choices for a Great Career' (Blue Toffee) yang telah mencatatkan jualan paling laris.

Young Malaysian millionaires

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Linda Onn started off as an office
administrator.


Linda Onn started off as an office administrator

 More and more Malaysians - especially the younger generation - are turning entrepreneurial in their bid for financial freedom. Four young Malaysians who have made it big in vastly different industries share with TAN CHOE CHOE the key to their success. The number of new businesses registered with the Companies Commission of Malaysia went up by 16 per cent - from 268,866 in 2008 to a substantial 312, 581 last year, despite a contraction in the economy.

One of the most oft-quoted reasons for an increase in the number of entrepreneurs is the success stories of others.

"There are legends like Tan Sri Robert Kuok, Tan Sri Syed Mokhtar Al Bukhary, Datuk Tony Fernandes and others locally. Abroad, there is Microsoft's Bill Gates. In China, there are many youths turning millionaires and billionaires too. They are a source of inspiration for others," said the president of the Small Medium Industries Association of Malaysia, Chua Tiam Wee.

"The spate of financial crises in recent years, particularly the last one which left a trail of retrenchments, has also prompted many to feel that being an employee is no longer the safest or best career option. Naturally, people start to think: why not be your own boss and master of your own destiny?" adds Chua.

The prospect of working in a conventional nine-to-five job is no longer deemed "cool".

"Waking up early to go to work is no longer appealing. Our youngsters want flexibility. They want to innovate and create."

But while there are many inspiring success stories, there are also as many stories of failed ventures.

"Anyone who decides to go into business must realise that entrepreneurship is actually a 'profession' where you will be wearing many hats. You need to be skilled not only in managing the marketing side of the business but also the finances. You have to know what to do and what you can do before you decide to go into business," says Carol Yip, a personal financial coach and author of two books on financial planning -- Money Rules and Smart Money-User.

"Be alert and aware of what's going on around the world. Even something simple, if done well, can turn into a mega business," adds Yip.


Linda Onn, 33, restaurateur and celebrity

SHE never realised she had made her first million until she had spent it, or rather, invested it.

"It was just last year. It was a bit of a surprise because I didn't realise I had that much money," said the 33-year-old.

To think that she started off as an office administrator with a salary of just RM700 a month 11 years ago. Linda Onn has definitely come a long way.

"Since young, I've never been a big spender. I saved at least 50 per cent of every pay cheque I got and because I was so careful with my money, some friends called me a 'cheapskate'."

When she got TV offers and became a spokesperson for various products, her savings grew. In fact, it grew to such a point that six years ago, Linda didn't know what to do with her money.

"So I decided to go into business and open up a family restaurant because my parents had the experience and most of my family cook well."

As her career in the entertainment industry took off (she deejays, acts and hosts various radio and TV programmes), her investment into the restaurant business also bore fruit.

From only one in 2004, she is now the proud owner of five restaurants. Her success, however, came at a price.

"When you're a celebrity, there are people who will talk and create stories about you to get you down. I was called a coward when I didn't turn up for an international event. Actually, I had a wardrobe issue. There has also been a lot of gossip about my love life."

At the height of such unhappy incidents, she thought of leaving the entertainment field. "Just get married and get lost. But then I realised I should not feel down because whether I'm doing good or bad, people will still talk about me. I managed to stay strong and persevered because of my family, friends and loyal fans."

Has she managed to achieve all that she set out to do?

"I dreamt of having a house with a pool and automatic gates and me coming home in a big car. I've got them all, so yeah.

"True success, however, is being able to walk into a designer boutique and buy stuff without looking at the price tag. Being careful as always, I still look at the price tag. Maybe after this, I'll just go in and buy whatever I want."

Her recipe to success? "Count on yourself, save and invest."


Philip Lau, 31, financial agent

PHILIP Lau found out he had hit his first million when he was 28.

"I went out and bought my first Rolex," said the 31-year-old as he flashed a grin.

Founder of Jazz Capital, a financial sales agency that focuses primarily on insurance and savings products, as well as bank loans and mortgages, Lau's agency is now the authorised agent for some of the most reputable financial institutions in town.

Although his agency is only five years old, there are already some 300 agents in its employ.

What is his recipe for success?

"It's just three simple steps: one -- have a clear plan on what you want to achieve in both the short and long term. Two -- execute your plan accordingly and make periodic reviews for improvements, and three -- stay focused and be passionate."

Having a good understanding of the various financial products out there has also enabled him to make good investment choices along the way.

"I think that's the bonus of being in this line. We know what we sell and when it's a good one, we can also seize the opportunity to invest."

Lau believes his wealth and success today is made possible through careful planning. "But it is also with God's blessing."

But his entrepreneurial route has not been without obstacles.

"I was beset with the 'what if' syndrome. Once, I was offered a good position in an investment bank. I was tempted by the thought of steady employment and a rewarding lifestyle with a reputable company. I had so many doubts. It felt like it was easier to make a U-turn and take up the offer. It took a while of self-questioning to find out what I really wanted to do and that conviction gave me the courage to go all out to pursue my own business."

Although rich in his own right now, Lau feels that he has not achieved enough yet.

"I will know that I have enough when my total assets are good enough to generate certain returns to sustain my desired lifestyle throughout my retirement years."

To aspiring youths, he says: "Have passion and patience, but most importantly, be practical."


Ganesh Kumar Bangah, 31, co-founder of MOL and group CEO of Friendster

HIS success story is almost legendary in Malaysia’s field of information,
communications and technology. He built MOL Access-Portal Berhad (MOL) from scratch to become one of the biggest online payment service providers in Asia
with an annual revenue of RM320 million, over 500,000 physical payment channels across 75 countries, handling over five million transactions a month.

He was certified by the Malaysia Book of Records as the youngest chief executive of a public-listed company in Malaysia when he listed MOL on the Mesdaq market of Bursa Malaysia at 23. He won the JCI 2009 Creative Young Entrepreneur Award, the Pikom Technopreneur Excellence Award at the ICT Leadership Awards 2009, and is acknowledged by Society Magazine as one of the 100 people you must know in Asia.

Late last year, he again made headlines when he led MOL to take over social networking site Friendster.

“I’ve always wanted to be the Bill Gates of Malaysia. I saw him on television when I was a cybercafé operator in my teens in Johor. I told my boss then that I wanted to be the Bill Gates of Malaysia,” he says with a laugh.

Having started early in business, Ganesh says one of the biggest obstacles was getting people to understand “the need to be crazy”.

“The last thing I did was buy Friendster and everyone was asking me why. You must think far and see things for the value they can give you. Getting people to understand that you need to be a little crazy or to be different to be special, I think that’s the hardest thing.”

Being in business also means there is never really a day off.

“You will always be constantly thinking about how to do things better, faster, to innovate and create. It is very much a 24/7 ‘job’.”

He also admits that it is never easy to handle change.

“Every time you list a company, de-list it, or buy another company, it is never easy in the beginning. But managing these changes, these jumps, pushed me to grow. Buying Friendster, for example, means that I really had to learn the American culture.”

While it is heartening that many young Malaysians want to be entrepreneurs, he says they should not think in the short term.

“I think our entrepreneurs tend to do something for a couple of years, give up, and move on to something else. They have to realise that nothing worth doing is easy but if you keep at it, you become better at it and you will make it. Don’t give up.”


Joey Yap, 33, feng shui consultant

HE earned his first million when he was 26-years-old. Since then, Joey Yap, who will turn 33 in July, has only been earning more.

Besides being the founder of the Master Academy of Chinese Metaphysics -- the first such global organisation devoted to the teaching of feng shui, Bazi, and other such similar subjects -- he is the chief consultant of Yap Global Consulting, which specialises in feng shui and Chinese astrology services and audits.

He has also authored over 30 books, and hosts his own TV series -- all on the subject of Chinese metaphysics.

He attributes his success to having differentiated himself in the industry right from the start.

"I'm not a fortune-teller. I don't tell people how their life is going to turn out. That's making statements and anyone can do that. I seek to help people understand their profile, their talents, and advise them on what to focus on and how, based on their individual strengths and weaknesses and to maximise their potential."

His client list includes not just individuals but also local and multinational conglomerates.

To be good at what he does, he reads a lot. "Not only books on metaphysics, but also business, management and more. Many consultants try to advise people without even a basic understanding of the fundamentals of business, like go and hang some red cloth somewhere and your business will succeed. How is that going to help a businessman solve his problems?"

His own experience in managing a business has also lent him an extra edge.

"The biggest obstacle I faced was a lack of experience when I first started out. I didn't know anything apart from accounting. Many people think that when your feng shui is good, everything will work out. That's not true. You still have to acquire the skills, the technical know-how to handle your business and make it successful."

Articulate, and able to command an audience of 3,000 or more, it is hard to imagine that Yap was once nervous when speaking to less than 10 people. "Just like the other skills, public speaking was something I had to acquire."

What drives him? "When I first started out, I thought this industry had been sorely misunderstood and misrepresented in many ways. I had a burning desire to rectify this. I'd like to believe that I have."

Success, to him, is not about money. It is about being remembered for one's deeds.

"When we leave this world, people will remember us for what we contributed to society."

22 May 2010

Mahkamah Syariah eksklusif Islam

Presidennya, Mohamad Isa Abd. Ralip berkata, Mahkamah Syariah adalah hak eksklusif orang Islam dan oleh itu tindakan membenarkan bukan Islam menjadi peguam syarie boleh membuka ruang kepada kes percubaan murtad.

Beliau berkata, selain itu, ia juga boleh menyebabkan salah tafsiran terhadap hukum syarak serta mengelirukan masyarakat apabila seseorang peguam syarie bukan beragama Islam.

“Oleh itu jika permohonan mana-mana individu bukan Islam menjadi peguam syarie tetap dipanjangkan ke mahkamah, PGSM akan meneruskan bantahan dan menjadi pencelah.

‘‘Ini kerana bagi kita langkah itu secara tidak langsung telah menghina kesucian agama Islam,” katanya pada sidang akhbar di sini hari ini.

20 May 2010

Malaysia sedia kongsi kepakaran kembangkankan perbankan Islam

KUALA LUMPUR 19 Mei - Malaysia bersedia berkongsi pengalaman dan kepakaran untuk mengembangkan pembangunan perbankan Islam sejagat.
Perdana Menteri, Datuk Seri Najib Tun Razak berkata, negara ini telah berjaya membangunkan perbankan Islam sejak 30 tahun lalu sambil mengekalkan sistem perbankan konvensional.
"Kita perlu mempromosikan perbankan Islam kerana ia adalah teras kepada masa depan negara-negara Islam.
"Negara-negara Islam wajar meneruskan peranan penting dalam melakukan transformasi sektor ini yang sebelum ini dikenali perbankan yang boleh diterima sebagai pusat kestabilan ekonomi jangka panjang untuk dunia," katanya.
Beliau berkata demikian ketika menyampaikan ucaptama pada Persidangan Forum Ekonomi Islam Dunia di sini hari ini.
Tegas beliau, untuk itu, rangka kerja perundangan, infrastruktur dan strukturnya perlu diselaraskan bagi mempromosi pasaran modal Islam.
Tambahnya, perbankan dan kewangan Islam perlu sistematik dengan pembabitan semua negara Islam untuk memastikan ia diterima sebagai sebuah 'perbankan beretika'.
Najib berkata, sekarang adalah masa terbaik kerana perbankan Islam menyaksikan peningkatan dengan beberapa negara mencatatkan pertumbuhan sebanyak 10 hingga 15 peratus setahun.
Pertumbuhan itu adalah hasil galakan dan sokongan kukuh di kalangan anggota Pertubuhan Persidangan Islam (OIC).
"Memperkasakan ekonomi negara-negara adalah kritikal bagi mencapai matlamat kestabilan melalui kemakmuran .
"Kita memerlukan akses untuk menjana pertumbuhan ekonomi dan kewangan Islam boleh membiayai semua, daripada usahawan kecil melalui pembiayaan mikro hingga syarikat-syarikat besar melalui instrumen moden seperti modal pasaran Islam," ujarnya.
Berikutan itu, Najib menyeru semua sektor swasta mengambil inisiatif menggunakan modal melalui inisiatif ekuiti Islam dari sumber global dan serantau serta menggunakannya secara produktif bagi memastikan ia mampu memberikan pulangan kepada para pelabur.

15 May 2010

CIMB to raise stake in Indonesian lender

By Adeline Paul Raj
bt@nstp.com.my
2010/05/15

CIMB says it would buy about 17 per cent of Bank CIMB Niaga from Khazanah Nasional for RM1.7 billion.
Malaysia's second largest banking group, CIMB Group Holdings Bhd (1023), plans to raise its stake in Indonesia's fifth largest lender by up to 19.7 per cent to better leverage on that country's fast-growing economy.

If successful, its shareholding in Bank CIMB Niaga will increase to 97.9 per cent from 78.3 per cent at present.

CIMB announced in a stock exchange filing yesterday that it would buy about 17 per cent of the lender from Khazanah Nasional Bhd for RM1.7 billion.

Khazanah, which is Malaysia's investment arm, has the option of selling to CIMB another 2.7 per cent stake for RM254 million if it wants to dispose of its entire holdings in CIMB Niaga.

As payment, CIMB will issue up to 134 million new shares to Khazanah priced at RM14.50 each.

Khazanah currently owns 28 per cent of CIMB.

"This deal increases our exposure to Indonesia and is consistent with our optimism about the market as a whole, and CIMB Niaga in particular. We expect it to be earnings-per-share accretive," CIMB group chief executive Datuk Seri Nazir Razak said in a press statement.

The transaction is expected to be completed in the final quarter of this year.

Analyst Keith Wee of OSK Research said it was a "logical and good move" for CIMB to raise its stake in the Indonesian bank now. The Indonesian economy grew 5.7 per cent in the first quarter, its fastest pace in more than a year.

"That's where the major growth is going to be for them. If they had waited, say another six months to buy, it would have been a much more expensive exercise," he told Business Times.

CIMB Niaga announced last month that its first quarter net profit doubled to 524.2 billion rupiah (RM188 million) as it gave out more loans.

The new CIMB shares to be issued to Khazanah represent about 3.7 per cent of the group's issued and paid-up capital as at April 30.

CIMB's shares, which were suspended yesterday afternoon ahead of the announcement, earlier fell 0.6 per cent to RM14.40.

CIMB Niaga eased 2.9 per cent to 1,020 rupiah (RM0.37) on the Indonesian bourse.

DPM: Why are 80% of Malays in low income category?

By TEH ENG HOCK


KUALA LUMPUR: Malay entrepreneurs must evaluate critically and openly why 80% of Malays were in the lower income category, Deputy Prime Minister Tan Sri Muhyiddin Yassin said.
He said they should be introspective and practice self-critism to grow.
“To succeed, we need to be introspective and practise kaizen, which means continuous improvement. Introspection must include the element of self-critism,” he said at the closing ceremony of the Malay Entrepreneurs Convention here Saturday.
He said under the New Economic Model (NEM), the Government wanted to have practises based on merits, needs, transparency and market-friendliness.
“Malays must see the NEM as an opportunity and not a threat. Malays must be less obsessed with processes and procedures compared with output.
“A pragmatic and practical attitude is better than being dogmatic,” he said.

14 May 2010

Sime Darby chief asked to leave

By Presenna Nambiar
presenna@nst.com.my
2010/05/14

For now, executive vice-president of the plantation division, Datuk Azhar Abdul Hamid, is acting group chief executive officer as the board’s nomination committee looks for a new leader
Malaysia’s second most valuable listed group, Sime Darby Bhd, has asked its chief to leave after the conglomerate looks set to book losses of almost RM1 billion for the second half of this year.

Analysts expect its shares to open lower today after the group revealed that it had cost overruns in not one but four projects in its energy and utilities division. For now, executive vice-president of the plantation division, Datuk Azhar Abdul Hamid, is acting group chief executive officer as the board’s nomination committee looks for a new leader.

“Sime Darby will miss its key performance indicator target and there are concerns on its financial performance in the second half of the year,” said CIMB regional research analyst Ivy Ng.

Sime Darby is booking a loss of RM200 million for its Bulhanine and Maydan Mahzam project with Qatar Petroleum, RM159 million for the Maersk Oil Qatar (MOQ) project, RM155 million for building of vessels for the MOQ project
and RM450 million for the Bakun hydroelectric dam project.

However, the conglomerate is still in talks with its clients regarding claims on cost overruns. Sime Darby chairman Tun Musa Hitam said the group’s board of
directors found deficiencies in the management of the group’s energy and utilities division after more than eight months of investigation.

The board first set up a three-member work group, headed by Datuk Seri Andrew Sheng Len Tao, in October, following “questionable positions” in the group’s finances last year and the application of corporate governance.

What started out as a probe into one project later expanded to another three projects when it found “problems and issues”.

Sime Darby has yet to identify if an element of fraud was involved. Although the work group has submitted its report to the board, Musa said the entire probe was still a work in progress.

“Another exercise in terms of action on long-term structural problems that have been identified will be done.”

Part of this will be looking at the management structure, the need for more assistants and having in place proper procedures and a check and balance for management.

As to whether Sime Darby would report more similar losses, group chief financial officer Tong Poh Keow said the group had taken the “most conservative stand” and did not expect any more to arise.

Qatar to invest US$5 billion in Malaysia

Qatar to invest US$5b in Malaysia

Published: 2010/05/14




THE Qatar Investment Authority (QIA) has proposed to invest US$5 billion or about RM16 billion in Malaysia.

A memorandum of understanding (MoU) between the QIA and 1Malaysia Development Bhd (1MDB) was signed today.

The MOU provides a framework for facilitating investment cooperation between the two entities to explore, evaluate and implement investment opportunities in Malaysia.

"It will include investing in the energy sector and a strategic real estate development in the Klang Valley," said the QIA and 1MDB is a joint statement here.

Read more: Qatar to invest US$5b in Malaysia http://www.btimes.com.my/articles/20100514191306/Article/#ixzz0nu47fgOT

Wee Choo Keong quits PKR

2010/05/14

KUALA LUMPUR: Wangsa Maju MP Wee Choo Keong has quit Parti Keadilan Rakyat (PKR) over the sand mining scandal, citing disappointment with the way party leadership handled the issue.
At a press conference today, he claimed that the Selangor Select Committee on Competency, Accountability and Transparency (Selcat) and the recent statement made by Kuala Semesta Sdn Bhd (KSSB), which is wholly owned by Menteri Besar Incorporated, is a political ploy by the little napoleons within the party to intimidate Kapar MP S. Manikavasagam.

Wee said he is disappointed that none of the top PKR leaders has come out to intervene in this matter.

"YB Manikavasagam, MP for Kapar, had been calling for an investigation into the sand mining scandal involving the officials in Kuala Semesta Sdn Bhd, which is wholly owned by Menteri Besar Incorporated, and Pakatan Rakyat high ranking elected representatives in Selangor but it fell on deaf ears for some time.

"In fact, this scandal had been and continue to be an open secret amongst the PR MPs and State Assemblymen for some time, too. The sand mining activities had been taking place in the Dengkil area," Wee wrote on his blog (http://weechookeong.wordpress.com).

Sun, sea and sweet talks versus divorces

12/5/10 Chok Suat Ling

DIVORCE statistics are on the rise, several news reports highlighted recently.
This is true for those of all races and from all walks of life.

The figures compiled by the authorities are too high for comfort. Many reasons have been offered as to why the numbers are up: travails of modern life, irreconcilable differences, infidelity, drug abuse and financial problems.

But the one thing that has pushed most couples towards marital discord and disintegration, a recent study revealed, is the mother-in-law.

She is, fairly or unfairly, disdained and reviled by sons- and daughters-in-law the world over; a creature more foul than the stepmother and abominable snowman combined.

According to the National Population and Family Development Board, the meddlesome mother-in-law is the No. 1 cause of divorce in the Indian community, and one of the top three among Malays and Chinese.
Mixed marriages, too, are blighted from the start because it is difficult to adapt to the religion and culture of the spouse.

At least that was what one minister said when asked to comment on actress Maya Karin's troubled marriage to schoolteacher Steven David Shorthose.

People divorce for serious, intractable reasons (spouse committing adultery with 120 women, for example), or at least they used to.

Now, "forgetting to buy food and forgetting to add sugar in the husband/wife's drink" is as good a reason as any to split.

Other petty reasons that have been cited in the past include nagging, forgetting to fill up the ice tray, not remembering birthdays and wedding anniversaries, boring pyjamas and the spouse smelling of keropok or fish crackers.

Successful marriages require superhuman effort from both sides. In today's "have it all, have it now" society, we have lost the will to keep trying to make a marriage work -- or no longer see the need to try.

People are now more individualistic, have gargantuan egos, have little respect for a harmonious coexistence and are perennially stressed, especially in the fast-paced city.

Can divorces be prevented? In some instances, they shouldn't be. In cases of abusive relationships, torture and long-term unhappiness, couples would be better off if they split.

In all other cases, and especially if there are children involved, sociologists believe it is best for the couple to work things out.


"Every marriage has bad patches," said one. "When people stay with the marriage, very often it gets better, maybe a lot better. Among couples who stick it out, permanent marital unhappiness is surprisingly rare."
Marital harmony may not be the goal of many people during next month’s World Cup in South Africa.
Marital harmony may not be the goal of many people during next month’s World Cup in South Africa.
Do what it takes. Talk to close friends, relatives and counsellors. Take out the trash. Bathe at least once a day. Notice that new hairdo/shade of lipstick/face. Learn to ask for directions. Tune in to Oprah religiously.

Or move to Terengganu. The state government has been coming up with innovative ideas to curb divorce rates.

It has invited cosmetic firms to introduce exotic and sensuous fragrances that can arouse sexual desire, and also encouraged husbands and wives to bathe together.

Consultants are also being sought to suggest the right lingerie to be worn by wives.

Couples on the brink of a breakup can apply for a holiday paid for by the state. The honeymoon package includes sun, sea, surf and counselling.

A huge contributor to marital friction is looming: the 2010 Fifa World Cup.

Emails containing tips on how to stave off divorce during that period are already circulating. One involves drafting an agreement to be signed by spouses containing "provisions" such as:

- If you have to pass by in front of the TV during a game, I don't mind, as long as you do it crawling on the floor without distracting me; and,

- If you see me upset because one of my teams is losing, do not say, "get over it, it's only a game". If you say that, it will only make me angrier and I will love you less.

It may have been made in jest, but is evidently something football widows around the world can relate to.

If that's what it takes to ensure marital harmony between June 11 and July 11, then that's what needs to be done.