Thursday, January 20, 2011

Selina Jen discharged from hospital



Selina, together with her parents and fellow members from pop group S.H.E, met the press briefly after she was discharged, expressing her gratitude to those who have supported her all this while. It was her first public appearance since she suffered third degree burns at a filming set mishap in October 2010.

Selina suffered burns to over 50% of her body and underwent three skin graft operations over the past months. She still needs to take extra care and undergo physiotherapy, and she would probably need a year or two to fully recover.

Get well soon Selina. And also best wishes to her co-star Yu Haoming who’s also seriously injured in the incident.

Friday, January 14, 2011

Malay groups want ISA for ‘MCA man’ in azan row

By Asrul Hadi Abdullah Sani
January 14, 2011



KUALA LUMPUR, Jan 14 — A group of 100 Malay protesters congregated in front of Masjid al-Ikhlasiah in Kampung Kerinchi here today to protest against a lawyer from the MCA who purportedly applied pressure to stop the mosque from using loudspeakers to play the Muslim call to prayer.

The group, consisting of members from Muslim welfare group Pekida and Malay rights NGO Perkasa, claimed that a “Chinese lawyer” had demanded the mosque stop the “azan” (call to prayer) recital.

The demonstrators also held posters naming the lawyer and displaying what they claim to be his home address in Pantai Hill Park condominium.

At the protest, the chairman of Pekida’s Lembah Pantai chapter, Zakaria Awang, demanded that the man be arrested for sedition.

“We want him to be arrested under the Internal Security Act for threatening national harmony or he can change his citizenship to a nationality of his own liking,” he said.

He added that the “lawyer” should also make an open apology to the Muslim community in the country.

The group also distributed copies of a fax purportedly from the man, and said to have been sent to the Prime Minister’s Office asking for the volume of the mosque’s loudspeakers to be lowered.

In the letter dated December 20, 2010, the man said that he has been a member of MCA since 1998.

He said that he has been living in Pantai Hill Park for five years and was roused in the mornings by the mosque’s call for prayers.

“Several months ago, I hear the sound from the mosque to be very loud until that it woke me every morning at 5.45am,” the letter read.

It is understood that the man identified had once worked for a former MCA president who was also a Cabinet member.

The man could not be contacted for confirmation that he had written the letter.

Kampung Kerinchi Residents Association chairman Fauzi Che Ahmad said the lawyer must respect the sensitivity of the Muslim community.

Pekida’s Lembah Pantai chapter deputy chairman Sallehudin Yakob also said that the gathering was not political but to protect the sanctity of the religion.

“We have never complained when the Chinese burned firecrackers in the middle of the night. We never made noise when they burn for hours. Don’t play with fire,” he warned.

The speakers gathered behind a long white banner with the words “Call for prayer is a sacred call.”

Other protesters held up placards asking the man to live in the jungle and warning him to not challenge the Muslim community.

The crowd also shouted “God is great,” “Long live Islam,” and “Long live the Malays.”

A small minority of protesters asked for the man to be decapitated and his house to be burned down

The group also asked Lembah Pantai lawmaker Nurul Izzah Anwar to explain her position on the issue.

After talking to reporters, the group proceeded to wave Pekida’s flag and began burning effigies before the police came and stopped them.

The mosque is situated near a new commercial development area called Bangsar South, and was first opened 30 years ago, while the lawyer only moved to the Malay-majority neighbourhood about five years ago.

Pantai Dalam used to be dominated by squatters and low-cost flats but has seen the development of luxury apartments and commercial property in recent years.

The Muslim call for prayer first became a political issue in 2008 when Selangor executive councillor Teresa Kok was arrested under the Internal Security Act (ISA) for allegedly asking a Puchong mosque to stop playing the azan over its loudspeaker.

Kok, who was released a week after her arrest, denied the allegation while the mosque’s committee members also came forward to defend the Selangor DAP chairman.

Wednesday, January 12, 2011

新任狮城高级律师源自森州 ,吉祥问纳吉如何阻人才外流

当今大马 12th Jan 2011

继马来西亚学生一连三年成为新加坡状元生后,该国新任的高级律师竟然也是来自森美兰的马来西亚人,民主行动党国会领袖林吉祥点出,这突显出马来西亚严重的人才外流问题。

也是怡保东区国会议员的林吉祥发表声明指出,继昨天一名来自马来西亚的16岁谢佩芸一连三年成为新加坡的状元生之后,他今天又注意到上周五另一则新加坡的新闻报道,突显出马来西亚严重的人才外流问题。

根据《亚洲新闻频道》的“两名律师被委任为高级律师”报道:

新加坡讯:两名拥有超过50年经验的律师被委任成为资深律师,他们是63岁的马丁以及46岁的陈凌新。

这是新加坡大法官陈锡强在星期五为新司法年主持开幕时做出宣布。

这项委任认同的出色律师的表现,其在司法界的地位被誉等同于英国女皇律师。

这是由一个包括陈锡强、律政司山达德期斯及上诉庭大法官赵锡焱等组成的委员会遴选出来的。

马丁在1972年加入法律服务,并曾担任高庭主簿。他也在南洋理工大学教导法律。而陈凌新曾任联合国法律人员,并出版有关国际法的著作。

马丁说:“这项高级律师的委任反映了从前的作业及标准还维持着。它也点出未来必须维持的标准。它也是未来表现的特定标准。”

陈凌新说:“这项委任所带来的声誉将令其他原本不认识新加坡律师的客户或公司,首先想到这里有一个他们应该咨询的法律界人才库。”


陈凌新从未在大马工作过

林吉祥指出,从没有在马来西亚工作过的陈凌新,早年就读于森美兰的圣保罗学校,毕业自马来亚大学法律系,之后在郭氏基金的资助下负笈英国剑桥大学深造。

他指出,上述是马来西亚人才日渐衰竭的最新例子,它为马来西亚的国际竞争力及国民建设造成深远的影响。

“人才机构能够做什么来找出这些人才,留住他们,并吸引他们回国?纳吉有没有政治意志力来全面推动政治、经济、教育及国民建设改革,并说服马来西亚人及其它人相信:大马让每个人拥有平等机会,为每个人及每个家庭获得良好生计、提供安全快乐生活的土地。?”

他也质问,除了设立人才机构,首相纳吉在过去18个月担任首相期间,在政策及制度方面做了什么努力,来遏止人才继续外流?

Saturday, January 1, 2011

南洋商报- 10大预言 掌握全局

2010/12/27

还有不及一周,就要迎接2011年的到来,对于新的一年,马来西亚经济和股市动态会是如何呢?《南洋商报》以现有的局势发展,整理出对明年的动向或带来新动向的“10大预言”,让您洞悉先机,掌握全局……

大马2011经济十大预言

展望2011年,预料马来西亚市场将掀起并购热潮、政府大举脱售官联公司股权、外资涌进我国、更多新股上市计划、马股步入超级大牛市、原棕油价格继续攀高、太阳能成为新宠、石化工业热、令吉兑美元汇率走强及通胀率企高。

2010年即将要步入尾声,又是到了为新的一年布局的时候。

为此,《南洋商报》特别针对明年的马来西亚经济和股市动态作出“10大预言”。

在当前世界经济形势异常复杂和动荡的背景下,投资者不约而同把眼光盯上了最具活力的亚洲新兴市场,包括马来西亚在内。

展望2011年,预料马来西亚市场将掀起并购热潮、政府大举脱售官联公司股权、外资纷纷涌进我国、更多新股上市计划、马股步入超级大牛市、原棕油价格继续攀高、太阳能成为新趋势、石化工业热、令吉兑美元汇率走强及通胀率高企不下。

预言1:并购掀热潮

马来西亚已成为亚太地区并购业务增长最快速的国家,今年至今为止,我国企业的并购额已增长将近两倍。

在2009年,我国的并购额达213亿美元(667亿令吉),为过去3年以来的最高水平。

而仅仅在今年11月份,我国产业发展商就宣布了3项并购案,价值总额接近30亿美元(94亿令吉)。

首先,IJM置地(IJMLand,5215,主板产业股)与马资源(MRCB,1651,主板建筑股)宣布进行总值约20亿美元(约63亿令吉)的换股合并活动。

接着,UEM置地(UEMLand,5148,主板产业股)以换股的方式,总值4亿4700万美元(约14亿令吉)收购阳光(Sunrise,6165,主板产业股)。

大马产业界巨头——双威集团主席丹斯里谢富年,也宣布合并了他所掌控的双威控股(Sunway,4308,主板建筑股)及双威城(Suncity,6289,主板产业股),这项私人全面献购计划总值约达20亿美元(约63亿令吉)。

2010年的并购几乎与2007年顶峰接近,当年的交易总值为1460亿令吉。

在经济正处于复苏之际,预料并购活动将延烧至明年,特别是在官联公司忙着瘦身的时刻,预见国内将掀起更多并购活动。

在政府的转型计划下,官联公司的潜在整合以及脱售非核心业务,将会是2011年并购活动的主要推动力。

预言2:政府售股加速流通

为加速官联公司的转型计划,政府已呼吁官联投资公司(GLICs)减持股权,以刺激股市流通量以及引更多的外资参与我国股市。

配 合政府的这项政策,国库控股在近年来已纷纷减持官联公司股权,其中包括国家能源(Tenaga,5347,主板贸服股)、大马机场 (Airport,5014,主板贸服股)、南北大道(PLUS,5052,主板贸服股)、时光网络(TimeCom,5031,主板基建股)及马电讯 (TM,4863,主板贸服股)。

此外,国库控股目前也正脱售大马邮政(Pos,4634,主板贸服股)32%股权,并将透过招标程序,根据财务和战略考量,筛选出新的控制权股东。

同时,雇员公积金局已获得政府的批准,在减少本地投资活动之下,可提高海外投资额的比重至20%。

官联投资公司在减持官联公司股权时,应该朝几个方向出发,包括:长期前景不佳且缺乏竞争力的领域、持股比重太大的公司,以及营运不好导致盈利表现逊色的公司。

当然,在减持股权之际,官联投资公司的回酬是优先考量,其重要性甚至超越流通性及公司盈利表现。

需要关注的,还包括顾及国家政策及公众利益,这两大因素也将左右脱售计划的执行方式,因此,上述策略并非官联投资公司减持股权时将遵循的“金科玉律”。

展望明年,在政府推出的各项计划下,包括第十大马计划、经济转型执行方案和政府转型计划,料将继续 减持官联公司股权。

预言3:超级大牛市

自2008年爆发全球金融风暴后,马股在去年已大幅反弹77%,高涨趋势更延伸至今年,至今,富时隆综指已扬升17%。

如今,马股已呈现与90年代初相似的五个超级牛市特征(5Cs),包括:经济复苏、市场庞大游资、轮流炒作、并购热潮、以及阿妈综合症(Amah Syndrome)。

随着股市已出现牛市,而且是超级大牛市(super bull),加上令吉兑美元汇率将持续走强,预料马股将进一步攀高,富时隆综指在明年杪有望走向1700点的水平。

虽然马股在近期出现“喘气”的迹象,但自去年3月以来,富时隆综指已从最低逾830点,在突破1500点心理水平后,更攀升至新高水平,市场出现调整期也是属于健康现象。

纵观各方因素和基本面,国内强劲的消费、庞大的资金流入、合并活动和政府推出的各项大型基建工程,都足以支撑股市。

同时,在不排除全国大马可能提早至明年举行之下,将是加速马股涨势的另一个强而有力的利好因素。

因此,在股市看涨的情况下,马股盘整也为投资者提供“逢低吸纳”的好时机。

预言4:外资涌进激励买气

随着美国联储局启动第二轮量化宽松行动(QE2),在美国大举印刷钞票举措之下,亚洲新兴市场已迎接更大笔的资金流入。

虽然我国上市公司普遍上无法在第三季交出亮眼成绩,但股市仍继续保持热度,主要是受到QE2的刺激,外资再度涌入亚洲市场。

根据大马交易所的最新资料显示,在今年11月份,外资机构投资者在马股的投资比重,已增加至28.38%,或约等于110亿令吉;加上外资散户的交易值,外资投资比重占总交易值的28.93%。

相比之下,本地投资者11月份的交易值占71.07%,显示了外资参与度有增加迹象,当中也不乏热钱,透露外资开始活跃于马股,进而让马股在该月份创新历史新高水平。

此外,马来西亚和中国在今年6月已签署一项合格境内机构投资者(QDII)协议,今后中国的商业银行将可以代客投资大马的的股票、债券及单位信托基金等投资产品。

热钱涌进大马

中国银监会在过去几年,已和10个国家签署协议,即香港特区、英国、新加坡、日本、美国、澳洲、韩国、卢森堡、德国及加拿大。

大马为QDII被获准进入的第11个市场,并也是首个获准进入的新兴国家。

据悉,以上获QDII进场的市场平均吸引上百亿美元的资金流入,若大马按照这样的比重吸资,将大力刺激本地致力提升的资金市场。

尽管热钱不断涌进大马,但是,国家银行无法无意采取任何的资本管制,因目前热资金流入依然处在可管理的范围内。

我国的金融市场如今已更为成熟,并且拥有良好的金融体系,具有经验应付这些资金的流入,甚至应对市场出现的波动。

一些亚洲政府已采取措施应对热钱,严防影响有关国家的经济,在我国仍采取观望立场之下,料热钱将持续涌进大马,且支撑政府提出的各项大型基建工程。

预言5:更多首次公开售股

随着经济已从全球金融风暴复苏,我国资本市场已开始活跃起来,股市表现更是节节上升,富时隆综指更在11月10日创下1531.99点,马股有史以来的新高水平。

新股上市方面,大马交易所在今年共迎来28家上市公司,相等于2009年仅有14家公司挂牌的两倍。

今年上市的公司,包括两家国家石油(Petronas)旗下公司——国油石化(PChem,5183,主板工业产品股)和海事重工(MHB,5186,主板贸服股)。

国油石化的上市计划,也是我国有史以来规模最大的首次公开售股(IPO),从市场筹集约125亿令吉,上市市值超过400亿令吉,超越2009年上市的明讯(Maxis,6012,主板贸服股)IPO规模。

3中国公司挂牌

此外,今年也有3家中国公司来马挂牌上市,分别为索卓环球(SOZO,5187,主板消费产品股)、中国欧华(Cnouhua,5188,主板消费产品股)和KStar运动(KStar,5172,主板消费产品股)。

另一家中国公司——麦斯威国际控股(Maxwell International Holding),已在12月21日推出招股书,拟定在明年1月6日上市。

同时,在近期内,已向证券监督委员会呈交初步招股书的公司包括:中国文具有限公司、Sabio科技有限公司、Smartag解决方案有限公司和McLean科技有限公司。

证券监督委员会已批准上述4家新股发售的计划,加上政府在近年来采取积极的措施,包括废除外资委员会(FIC)的部分角色以及撤消30%土著股权条例,将可吸引更多公司在马挂牌上市。

预言6:原棕油价格续涨

随着全球食用油的供应紧缩,加上气候变化无常,已进一步推高原棕油价格,如今,该商品价格不仅突破每公吨3000令吉,甚至已飙升至3600令吉水平。

过多的雨量已导致印尼和大马的原棕油产量受到影响,至于阿根廷则因气候干旱造成大豆产量下滑,这将威胁全球食用油供应。

然而,在全球需求,特别是中国和印度对植物油的需求不断增长。

根据“油世界”(Oil World)在11月19日的报告预测,全球2010年和2011年对8大植物油的需求将超越市场供应,是过去8年以来首次出现这个现象。

过多的雨量已导致印尼和大马的原棕油产量受到影响。

阿根廷则因气候干旱造成大豆产量下滑,这将威胁全球食用油供应。

供应呈下滑趋势,但需求持续高涨下,已导致棕油价格节节上涨。

同样地,在我国政策方面,政府正在策略性的计划执行5%生物柴油(B5)计划,而这将加剧原棕油需求,导致该商品价格进一步飙涨。

展望未来,原棕油价格在2011年,料将飙升并触及每公吨4000令吉水平。

预言7:太阳能成新宠

全球环保意识日益提高,许多国家的政府和企业近年来更着重绿色科技,攫取绿色商机,尤其是在太阳能的发展。

太阳能既是一次能源,又是可再生能源。它资源丰富,既可免费使用,又无需运输,对环境无任何污染,它是最清洁能源之一,在环境污染越来越严重的今天,这一点是极其宝贵的。

太阳光普照大地,没有地域的限制无论陆地或海洋,无论高山或岛屿,都处处皆有,可直接开发和利用,为人类创造了一种新的生活形态,使社会及人类进入一个节约能源减少污染的时代。

太阳能已成我国政府未来发展重要领域之一。

以设计和生产电源储存器为业务的ETI科技(ETITECH,0018,主板科技股),也将进军太阳能电源储存、通讯转播站的电源储存,以及高尔夫球俱乐部的电动车电池。

此外,美国圣荷西太阳能电池板制造商——特温克里克斯科技公司(Twin Creeks Technologies Inc.),已在怡保兴建光电生产厂房。

在全球的焦点都专注在绿色科技发展下,太阳能的发展将是一项新趋势。

我国甚至可能崛起成为全球第二大太阳能电池生产商。

预言8:石化工业掀热

在政府打造的东海岸经济特区下,该区的重点发展为环氧丙烷和乙烯类产品,以推动石化产品多元化和下游产品的多样化。

根据该特区计划,将在登嘉楼州格底地区推动全国第一处塑胶园区(400公顷),估计将可吸引130亿令吉的投资额、

同时,专注发展以环氧丙烷(Propylene)及乙烯(Ethylene)为基本原料之产品,并与现有的石化工业区—朱盖等加强合作。

东海岸经济特区发展理事会有意招揽投资者和企业,投资在格底塑料和聚合物园、国油合成科技中心、格宾综合性石化中心、丹绒阿加斯油气海洋工业园。

此外,随着国家石油旗下的国油石化(PChem,5183,主板工业产品股)已在2010年11月26日,在大马交易所隆重上市,可以预见石化领域可能出现并购案。

预言9:令吉持续增值

在美国第二轮量化宽松政策(QE2)以及游资流向货币走势强劲的国家如亚洲,将导致区域货币进一步增值,包括令吉在内。

此外,加上大马和美国的利率差距的推波助澜下,将会导致更多的资金涌进大马,让令吉兑美元汇率的继续其强劲势头。

令吉兑美元汇率有望在2011年,增值至2.80令吉兑1美元,惟预计不会大幅调高,主要是预料国家银行将干预货币市场,避免令吉大幅增值。

依据过去,国行都是让令吉逐步增值,要是我国货币在短期内大幅上涨,将造成以出口为主导的大马受打击。

尽管如此,令吉兑美元汇率的走势,也将取决于以下3大因素,包括:

1.美国的量化宽松政策;

2.中国在未来的利率和货币政策;

3我国的经常账项的盈余表现。

预言10:通胀率高涨

美国大量“印钱”下,无可避免的将是美元贬值进而带动商品价格,以及热钱涌进亚洲市场,亚洲包括大马通胀率将面临上扬压力。

在2011年,我国通胀率料从今年约2%的水平加速增长,主要推动因素来自政府在2011年财政预算案中好坏参半的冲击和逐渐合理化补贴措施。

政府已在2011年财政预算案中宣布,服务税将从现有的5%税率提高至6%。

检讨补贴措施

此外,政府也已采取补贴合理化措施,包括RON 97燃油的价格将跟随市价波动,其他政策也包括外劳须拥有医保和政府将检讨私人医院收费。

在近期内,政府已再次削减RON 95燃油、柴油和白糖的补贴,已导致一些物价已上涨。

一旦政府落实定期削减各项补贴措施,意味着燃油和白糖售价在未来将持续高涨,促使2011年的通胀率出现更大压力。

然而,在令吉兑美元汇率持续走强之下,将抵消部分通胀高涨所带来的压力。

Tackling Beijing's traffic

Saturday January 1, 2011

Made In China by CHOW HOW BAN

A new policy introduced includes limiting the number of car plates to 240,000, one-third of the number last year and limiting the number of vehicles entering the city.

WEEKS before 2010 came to an end, the car buying craze heightened in Beijing with residents flocking car dealerships following news that there were plans under way to control the number of cars in the Chinese capital.

Unlike the previous months when car dealers had relied on discounts and promotions to boost sales, December saw an unprecedented mad rush on showrooms and car exchange markets.

To buy or not to buy: Car buyers shopping for cars at a showroom in the Yayuncun car exchange market in the suburb of Beijing.

Popular car makes and models were sold out citywide and many buyers had to settle for higher prices just to get their cars before the city government announced the new policy.

More than 20,000 cars were sold in the first week of December alone, which was twice the number during the same period of 2009. In November, about 96,000 cars were snapped up.

Finally, the new policies were unveiled by the city’s transport commission at a press conference on Dec 23.

The cap on the number of vehicle licence plates is no doubt the biggest move so far to tackle gridlock on city roads.

City authorities will only approve 240,000 car plates this year, one-third of the number of last year.

Car registration will be allocated by a car-plate lottery system where only individuals who previously did not own a car and companies which had paid 50,000 yuan (RM23,323) in corporate tax last year were eligible to apply for the lottery.

Beijing became the second Chinese city after Shanghai to limit car registration.

The latter adopts a system where buyers bid for a car plate and its authorities maintained a quota of licence plates every year.

Other anti-car policies announced at the press conference were:

> Vehicles registered outside Beijing will be banned from entering the Fifth Ring Road from 7am to 9am and 5pm to 8pm on work days;

> Effective April 1 parking fees within the Fifth Ring Road will be charged for every 15 minutes rather than 30 minutes and will range between two yuan (RM0.93) and 10 yuan (RM4.66) per hour; and

> New government cars will be prohibited in the next five years; and the current system where cars can only be driven in the roads on odd and even days based on the last digits of their plate numbers will remain.

Beijing Traffic Manage­­ment Bu­reau deputy director Li Shao­ming said the new policies would have a tremendous impact in addressing traffic woes in the city even though it may take a while to see the real benefits.

On whether it would be appropriate for the government to curtail the residents’ right to own a car, the city’s legal affairs office vice-chief Wang Rongmei said it was the government’s job to ensure effective traffic management in line with the city’s rapid development.

“We have already set a quota of five million motor vehicles by 2020 under the city’s master plan. Limiting the number on the city roads is a very important means in traffic planning and management,” she said.

As of December, the city had 4.76 million vehicles, up from 2.58 million in 2005.

Traffic conditions have worsened over the decade as commuters lamented that basically every hour is a rush hour.

Studies by the Beijing Trans­portation Research Centre showed that if action was not taken to curb the current trend, average speed on the road would drop to below 15km/h within five years.

In the first-half of 2010, the speed hovered around 24.2km/h during weekday morning rush hours, 3.6% slower than 2009.

Speaking on Beijing Public Service Radio, the city’s transport commission spokesman Li Xiaosong said the policy was drawn up based on three factors: limited space in the urban area, full capacity on most city roads; and critical air pollution in the capital needed to be dealt with immediately.

The city government has also revealed that it would introduce more proactive policies from time to time by incorporating constructive suggestions from its residents to address traffic problems.

Recently, the transport commission received feedback from 2,929 respondents on how the government could improve the current traffic conditions.

One respondent, Zhang Xijie, proposed that the commission impose extra taxes or environment protection levy on buyers of a second or third cars.

Another Wu Xiaoling said the government should make it more costly for motorists to own a car but at the same time improve its public transport system and further impose car bans on critically-congested roads.

With the addition of five more subway lanes to the nine existing ones over the week and the construction of more special lanes for public and express buses in the pipeline, Beijing vows to achieve a ratio of preferred mode of transport among residents of 50%, 18% and 25% for public transport, bicycle and car respectively, by 2015.

A week after the announcement of the latest policies, the Chinese Finance Ministry followed up by reinstating the 10% purchase tax on vehicles with engine sizes of 1.6 litres or less.

China halved the sales tax from 10% to 5% on such cars in 2009 to boost the use of fuel-efficient cars and combat the financial crisis. The tax was then raised to 7.5% on Jan 1 last year.

The auto market has enjoyed a great run with sales hitting 18 million units nationwide in 2010, up from 13.65 million in 2009.