Wednesday, September 26, 2012

Shila Amzah Proud To Showcase 1malaysia To The World

SEPANG, Sept 27 (Bernama) -- Back from her success in Shanghai, China where she won the Asian Wave 2012 competition recently, singer Shila Amzah, whose full name is Nur Shahila Amir Amzah, is determined to achieve bigger success for herself and Malaysia at the international level. What makes the country very proud of her is that she chose to showcase the 1Malaysia concept by singing three songs in different languages, namely local singer Jaclyn Victor's "Gemilang", "Grenade" by Bruno Mars and "Zheng Fu" by popular Chinese singer Na Ying, in the competition final. Speaking to reporters after arriving at the KL International Airport (KLIA) here Wednesday, Shila said the three songs were chosen to showcase her talent, as well as the beauty, uniqueness and harmony of multiracial Malaysia, which captivated the audience. "1Malaysia really suited my performance that day. It was a colourful performance, afterall Malaysia is full of colours. The competition was also participated by finalists from China, South Korea, Singapore, Thailand and India. Shila who went to a Chinese school during her first two years at primary level, has won many new fans, especially among the Chinese both in China and Malaysia after her perfect rendition of the Mandarin song. She has received a few offers from China but has not made any decision on these yet. Shila's father, a popular singer known as ND Lala in the 1980's, said the success in the competition was not just for her but for all Malaysians. -- BERNAMA

Tuesday, September 18, 2012

A DREAMS AND THE DUTIES IS IMPOSSIBLE NOT TO MATERIALIZE

Every Malaysian contributed something to our beloved country Malaysia.

My dream was to update all the interesting things in Malaysia gathered in a website.

This job is very complicated and requires a long time.

But dreams will not come true if only to dream.

I'm already tired of working with people.

In the past, I think there would be problems in the know how my website would be seeing by people worldwide. If the website can’t be noticed by people then how the dream will come true. It is empty dream.

And there is another problem people do not like to see the title of the website that I write. But it is difference thing you are there in top rank of first page of Google.

Website promotion problem now is not a burden for me. This is because I have own system using 'keywords' that particular was chosen the best of the best among the top 200 websites about what I am writing at.

When 'keywords' are included together in the 'content' of only 500 words each title adequate or appropriate articles, now my web page can be viewed by anyone who wants to do a search on the matter or field that I write.

I am very positive if Alllah SWT extended my life until 70 years old and I am able to write up to 2,000 pages or topics related variety 'keywords' on my website that every single article only requires 500 words, then by Allah willing, when I will be that age no need for me to write again.

When the website able to work by itself, and it will continue to work like a machines that make money for me and by Allah willing it will be passed to my children by changing the owner or can be sold to anyone who is interested in accordance with the current market.

Tuesday, September 11, 2012

PM Announces Setting Up Of New Low Cost Airline

KUALA LUMPUR, Sept 11 (Bernama) -- Prime Minister Datuk Seri Najib Tun Razak today announced the setting up a new low cost airline known as Malindo Airways.

Najib said the airline, borne out of a collaboration between National Aerospace and Defence Industries Sdn Bhd (Nadi) and Indonesia's PT Lion Group, would begin operations on May 1 next year and be based in KLIA 2.

The collaboration, said Najib, not only marked another milestone in the nation's aviation industry, but also represented yet another facet of the close relationship between Malaysia and Indonesia.

"To my mind the acronym Malindo- the melodic combination of the names of Malaysia and Indonesia has very significant historical connotations, reflecting the long intertwined history of the peoples of our two countries,".

"In terms of this to be established airline, I believe the name reflects the bridging of the two countries by way of a wide network of flights that will connect various cities and towns region-wide, opening new destinations for travellers from within the Nusantara and beyond," he said after witnessing the signing ceremony for the establishment of the airline between the two companies, here.

Najib said, with huge challenges faced by the airline industry today, including escalating operational costs and soaring fuel prices, the smart partnership such as the one formalised today would provide the new airline various savings and efficiencies in terms of fleet maintenance as well as the opportunity to tap a robust market that was ripe for the entry of a new low cost carrier (LCC).

"Airlines would need to be innovative and creative in order to continue to be profitable, and sustainable as a business, without compromising on service levels, reliability and affordability," he said.

Sharing a broad projection for global aviation, Najib indicated that the world air traffic was expected to grow at an annual rate of 5.1 per cent over the next 20 years, whereas air travel within the Asia-Pacific region was expected to grow by 6.7 per cent.

"The Asia-Pacific region accounts for 34 per cent of global passenger traffic and this is expected to almost triple from 779.6 million in 2010 to over 2.2 billion in 2030 with Malaysia expected to account for 200 million passengers.

"This is a staggering number. But one that represents an enourmous opportunity for the region's airlines, and aviation players in general.

"We must be ready to tap into this lucrative market and readiness means adapting and making changes today for the market conditions we anticipate tomorrow," he added.

Najib said the entry of the new airline was a timely move to meet the burgeoning market demand, both for low cost flights and maximum connectivity across the region especially between different cities in Malaysia and various parts of Indonesia.

He said, with significant experience in Airline Operations, MRO (Maintenance, Repair and Overhaul) services, Supply Chain Management and Human Capital development, NADI and PT Lion Group would not only be able to provide quality services to their consumers in the region, but also to the global aviation industry. "This will fortify the Aviation Business ecosystem both in Malaysia and Indonesia. Furthermore, the partnership will provide the regional low-cost air travel market with healthy competition, ultimately benefiting low-cost travellers in both countries," said Najib.

According to the prime minister, the Malaysian Aerospace Industry which has grown tremendously over the last 20 years, will be well poised to meet the challenges and to seize the opportunities of the future if it be continuously built and nurtured.

In 2011, Najib said, the industry generated RM26 billion in turnover, employing approximately 54,000 workers, 15,000 of whom were skilled in various vocations. "This is something that we, as Malaysians, can take pride in, particularly because it is a testament of the success of the National Aerospace Blueprint (NAB) that was introduced in 1997," he said.

The Blueprint laid out 45 recommendations covering aerospace manufacturing, commercial aviation, general aviation, systems and space, to provide Malaysia with the essential framework to develop itself as technologically and competitively competent global aerospace player by 2015.

The introduction of the Government's Economic Transformation Program (ETP) further bolstered Malaysia's Aerospace industry, identifying two Entry Point Projects,namely "EPP1-Growing MRO Services" and "EPP2-Growing Large Pure Play Engineering Services", which were expected to contribute RM16.9 billion to Malaysia's Gross National Income (GNI) and create over 32,000 jobs by 2020, added Najib.

-- BERNAMA

http://www.bernama.com/bernama/v6/newsindex.php?id=693863

Saturday, September 8, 2012

Great Firefly Deals At Kl Matta Fair 2012

KUALA LUMPUR, Sept 5 (Bernama) -- Firefly is offering great deals on holiday packages and flight tickets at the Kuala Lumpur MATTA Fair 2012 to be held at the Putra World Trade Centre on Sept 7-9.

Chief Executive Officer Ignatius Ong said following its success at the Kuala Lumpur MATTA Fair earlier this year, Firefly are very motivated to enhance sales this time around, especially as this event follows its recent network growth.

"Firefly will be offering plenty of attractive deals, activities and rewards at this KL MATTA Fair," he said in a statement Wednesday.
"With the additional new routes and destination, which commenced services most recently, we are expecting a significant increase in the percentage of sales particularly on our domestic routes and holiday packages," he added.

In conjunction with the fair, the airline will also offer online promotions on flight tickets starting from RM55 for domestic and regional routes.

This is an all-in, one way fare with booking period from today to Sept 9, and travel period from Sept 25, 2012 to Oct 26, 2013.

http://www.mattafair.org.my/index.php/news-media/media-watch/71-great-firefly-deals-at-kl-matta-fair-2012

Thursday, September 6, 2012

Neil Armstrong to be buried at sea

The mortal remains of the first man to walk on the moon, Apollo 11 astronaut Neil Armstrong, are to be buried at sea in accordance with his wish — but the details "are still being worked out," family spokesman Rick Miller says.

Read more here


Positive article today on the Malaysian economy

There is another positive article today on the Malaysian economy, suggesting we are a good place to invest in Asia now that China has slowed down.

A couple of quotes:

“Private equity investors may find deals in Indonesia and Malaysia a more worthwhile bet when seeking investments in Asia, amid waning economic growth in China.”
“The Malaysian economy has proven “buoyant” and sectors like food, consumer, education and manufacturing are still attracting regional interest.”

China, Beware: Private Equity Takes Note of Smaller Asian Neighbours

Wall Street Journal

Private equity investors may find deals in Indonesia and Malaysia a more worthwhile bet when seeking investments in Asia, amid waning economic growth in China.

Many general partners are now turning their focus to Southeast Asian nations as the “best proxy” for Asia’s growth story, according to Brian Chia of Baker & McKenzie’s member firm Wong & Partners in Malaysia. In comparison, China’s star has started to dim, with many economists expecting the mainland’s August economic data to show stabilization, although at relatively low levels. The data are due for release later this week.

The Malaysian economy, however, has proven “buoyant” and sectors like food, consumer, education and manufacturing are still attracting regional interest, said Mr. Chia, adding that “investors like any industry which has a consumer angle.” In China, the consumer story has taken a few steps back, with Morgan Stanley Asia’s economists estimating that the country’s overall “disinflationary trend is still on track.”

Key Malaysia-based players include Navis Private Equity, which manages more than $3 billion, investing in both private and public transactions. The firm secured capital commitments worth 230 million Ringgit ($74 million) for a Malaysia Growth Opportunities Fund I last year, according to its website. Even though Navis is based in Kuala Lumpur, it also targets other Asian countries including Thailand and Singapore.

The consumer sector– including food and beverage, supply chain and health care–is also proving to be a sweet spot for investors in Indonesia on the back of a growing middle class and higher disposable incomes, said Jon Worsfold of Baker & McKenzie.Wong & Leow in Singapore.

International general partners have taken note, with Bain Capital and Blackstone last month bidding to buy a stake in PT Lippo Karawaci's health-care operator Siloam. That stake may total up to 30%, or even more, possibly up to 49%, if bids for the hospital unit equal the target valuation of more than $1 billion, Dow Jones Newswires previously reported.

“It is a decent size deal and business, and in a sector which has a lot of potential – the Indonesian hospital sector needs improvement, and was liberalized in 2010 to allow foreign investment,” said Mr. Worsfold.

In the last five years, Indonesia’s private equity industry was largely dominated by local firms like Saratoga Capital and Northstar Pacific Partners, which is a local partner of TPG Capital and raised $800 million last year, he said.

However, investing in Indonesian deals is still fraught with challenges, the major one being a lack of decent assets for buyouts or a controlling stake, according to Mr. Worsfold, noting that a high premium is usually paid for taking a controlling stake in a portfolio company. Other factors like tax issues, compliance and general deal transparency are also proving hurdles, even for bigger players with more resources.

On top of this, PE players in Indonesia are finding themselves squeezed out by trade buyers on the pricing of deals, he said. “PE funds can’t pay prices that Japanese trade buyers can.”

Worsfold noted Japan’s Suntory Beverage and Food Ltd.’s acquisition of a 51% stake in Indonesian consumer company GarudaFood, which saw Suntory compete in a “long auction process with PE funds” but eventually outbid them.

A report issued by McKinsey & Co. in June said 15 private equity deals were completed in Indonesia last year, worth about $860 million. Deals across the whole Asia-Pacific region totalled around $65 billion.

http://blogs.wsj.com/privateequity/2012/09/05/china-beware-private-equity-takes-note-of-smaller-asian-neighbours/