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Old December 3rd, 2009, 01:43 PM   #121
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Paris To Help KL Fight Piracy
December 03, 2009 19:25 PM

LANGKAWI, Dec 3 (Bernama) -- Paris, which has a long and established military relationship with Kuala Lumpur, is extending its cooperation in combating piracy in the region, French Defence Minister Herve Morin said on Thursday.

Speaking through a translator, he said, France hoped to strengthen the bilateral relationship by complimenting Malaysia's efforts to fight piracy in the regional waterways.

"We understand that Malaysia is playing a key role in fighting piracy in this region. Thus, we will give our priority in helping Malaysia to achieve it," he said at a press conference after visiting the Langkawi International Maritime and Aerospace (LIMA) Exhibition 2009 here yesterday.

Earlier, Morin met his Malaysian counterpart, Datuk Seri Ahmad Zahid Hamidi.

The French defence minister said France had also invited Malaysia to join forces in 'Operation Atlanta' to fight piracy in the Somali waters.

He said that the operation launched in December last year, was aimed at protecting the United Nations food aid shipment to Somalia and combat piracy in the region.

Morin said, France had been discussing with Malaysia on the kind of cooperation that the two countries could engage in -- to fight piracy -- and the possibility of integrated maritime exercises.

To a question on France's role in Afghanistan, he said that France might be involved in training local security forces and institutions.

�If France were to make any additional commitment, it will be in the form of training the Afghan army, police and government institutions," he said when commenting on a report that the United States had asked France to send an additional 1,500 troops.

He said France would need time to assess the situation in Afghanistan before providing a "good" answer on the country's role there.

-- BERNAMA
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Old December 4th, 2009, 05:06 AM   #122
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Green Packet to sell WiMax to 3 companies
Published: 2009/12/03
http://www.btimes.com.my/Current_New...cle/index_html

GREEN Packet Bhd, a Malaysian provider of mobile broadband and networking solutions, said it signed agreements to sell WiMax modems to Maximali of Georgia, Intellecom of Ukraine and iCON Communications of Armenia.

WiMax operators Maximali and Intellecom will buy Green Packet’s outdoor and indoor modems, while iCON will buy its indoor and USB modems, the Malaysian company said in an e-mailed release in Kuala Lumpur today, without disclosing the value of the transactions. - Bloomberg

RELATED LINK: www.greenpacket.com/
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Old December 4th, 2009, 04:19 PM   #123
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India Expects Trade With Malaysia To Hit US$10.5 Bil Trade In 2010
December 04, 2009 22:05 PM
By Santhia Panjanadan

SERI KEMBANGAN, Dec 4 (Bernama) -- India, which is Malaysia 12th largest trading partner, expects trade to resume to pre-recession levels next year as more Indian companies begin to set-up base here.

Deputy Indian High Commissioner to Malaysia B.N. Reddy said two-way trade was most likely to hit US$10.5 billion next year.

Saying that trade between India and Malaysia declined 28 per cent, as of September 2009, compared with the same period in 2008, he added that it was, however, beginning to pick up momentum.

"In 2008, trade stood at US$10.5 billion and we are reasonably confident the 2010 volume will be restored to this level given the continuous interest shown by Indian industry players in the Malaysian market.

"Volume of trade more than doubled from US$5 billion in 2005 to US$10.5 billion in 2008 and I am also optimistic that the trend will pick up as products traded between India and Malaysia is constantly being diversified," he told Bernama after launching the Enterprise India Pavilion at the five-day Malaysia International Trade and Consumer Fair.

Reddy said machineries, electrical, textiles, pharmaceuticals and food products were slowly emerging as India's main exports to Malaysia while crude palm oil was India's main import from Malaysia.

"With an investment of US$1 billion, in the last 18 months pumped in by Indian companies, we are upbeat over the potential growth.

"India and Malaysia have already touched the critical level of engagement. With the sluggish global environment, there will be greater opportunities and it is expected to boost trade and commerce," he said.

He said with signs of recovery taking place in the global economy, 2010 would be a promising year.

Commenting on India's participation in the 8th Malaysia International Trade and Consumer Fair, he said this platform would fortify further participation from both countries.

Meanwhile, the Confederation of Indian Industry (CII), India's premier apex business chamber, took the lead by bringing 24 companies from India to showcase their products such as handicrafts, handlooms, garments and cosmetics at the fair.

Deputy Director of CII Amit Panjwani said the companies hope to secure sales of about US$20,000.

"The market is huge in Malaysia and the potential here is great. Response, too, has been good so far.

"The companies are also looking at the possibility of appointing dealers in Malaysia in order to tap the Asean market," he explained.

-- BERNAMA
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Old December 4th, 2009, 04:20 PM   #124
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Kaspersky eyes establishing virus analysis centre in M'sia
Friday December 4, 2009
http://biz.thestar.com.my/news/story...1&sec=business

KUALA LUMPUR: Kaspersky Lab, known for protection of IT security threats, is keen to make Malaysia its base for South East Asia by establishing a virus analysis centre, research and development centre or a call support centre.

Currently, the Russia-based company is only distributing its products in Malaysia.

"We are currently busy as this is the last quarter of our financial year, but we are sure the plan will be executed by end of next year," said Harry Cheung, Managing Director of Kaspersky Lab Asia-Pacific.

The founder of Kaspersky Lab, Eugene Kaspersky, had opined to open a research and development centre here during his visit to Malaysia in October.

Cheung said the company was negotiating with relevant parties and the outcome of the talks would be announced next year.

"Malaysia is a unique country, with all the attributes to be our base for the South East Asia region," he told BERNAMA after launching Kaspersky 1Malaysia Collectable Stamps in conjunction with the first day of PIKOM PC Fair 2009.

Present was Pos Niaga Chief Operating Officer Datuk Mearia Hamzah.

Cheung said Kaspersky picked Malaysia as the market here was apt for the company's operations.

"We are No.1 as IT security solutions provider in Malaysia, a position attained in a short period. That is why we are confident Malaysia can be a perfect location for our centres," he said.

On a related development, Kaspersky aimed to increase market share by 10 per cent as a leading IT security solutions provider in Malaysia to 60 per cent from 50 per cent currently.

"Going by our roadmap, next year will be the year for us to strengthen and upgrade our standard, product quality and capabilities.

"We are not expecting a huge growth number, but the No. 1 spot we have now cannot be disturbed at any point of time," he stressed.

As to the exact location of the centres, Cheung declined to divulge any information on the locality. - Bernama

RELATED LINK: www.kaspersky.com/
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Old December 6th, 2009, 07:52 AM   #125
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SAAG to build power plants in Bangladesh
Published: 2009/12/05

SAAG Consolidated (M) Bhd (9652), an oil and gas support service provider, will build two power plants in Bangladesh for US$120 million (RM405.6 million), it told Bursa Malaysia yesterday.

It has received a letter of award from Garisan Etika Bangladesh (Pvt.) Ltd for the engineering, procurement and construction of the 6 X 6 MW DG power plant and the 2 X 34 MW combined cycle power plant.

The project is estimated to take some 15 months.
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Old December 6th, 2009, 07:53 AM   #126
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Parkson to open more stores in 3 Asian marts
By Adeline Paul Raj Published: 2009/12/05

The department store operator, which opened nine outlets in Malaysia, China and Vietnam this year, plans to open 12 more next year

Department store operator Parkson Holdings Bhd (5657) plans to open 12 outlets next year in the three Asian markets that it operates in, chairman and managing director Tan Sri William Cheng said.

The target exceeds the number of stores opened this year and reflects optimism that business will improve in 2010 as the global economy recovers from a recession.

"This year, we opened nine outlets (across) Malaysia, China and Vietnam. Next year, there'll be more, about 12," Cheng told Business Times.

At least half of the upcoming stores will be set up in China, while three may be in Malaysia and the rest in Vietnam, he said.
Cheng expects the group to enter a new market, Cambodia, at the end of next year. The first store to open there will be in the capital, Phnom Penh.

There are currently 84 Parkson stores in the region, most of which are in China (44), followed by Malaysia (35) and Vietnam (5).

The group has grown steadily over the years and, today, is the largest department store chain in Malaysia.

It is China, however, that is the star market. That country is the main driver of the group's growth, contributing to about 80-90 per cent of net profit.

Its operations there, Parkson Retail Group Ltd, are listed on the Hong Kong Stock Exchange.

According to Cheng, sales in China and Vietnam continue to be good this year despite the global recession, while in Malaysia, they are improving.

Same-store sales growth in the nine months to September exceeded 7 per cent in China; in Vietnam, it was more than 20 per cent and in Malaysia, 4 per cent.

(Same-store sales refer to sales from stores that have been open for a year or more.)

Research firm Hwang-DBS Vickers Research Sdn Bhd has projected the Bursa Malaysia-listed entity to make a net profit of RM319 million in the year ending June 30 2010.

It posted RM542 million net profit last year, helped by an exceptional gain without which its core profit would have been just RM264 million.

"We like Parkson for its regional retail exposure, especially in China and Vietnam, which are driven predominantly by growing domestic consumption," Hwang-DBS Vickers analyst Kok Chiew Sia said.

She has a "buy" call on the stock, with a target price of RM6.30, implying a 22 per cent upside from its last traded price of RM5.16 yesterday.
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Old December 7th, 2009, 11:00 AM   #127
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AgustaWestland to use Malaysia as launchpad into Asia
Published: 2009/12/07
http://www.btimes.com.my/Current_New.../agus/Article/

HELICOPTER manufacturer AgustaWestland has identified Malaysia as a springboard to penetrate the civil market in Asia.

The company's regional business executive, Peter Richings, said the region's civil market would continue to grow with the growing importance of having helicopters for everyday operations.

"The oil and gas industry is one of the areas in the civil market where you have to have helicopters. So, it is going to be an important sector for us.

"Currently, we do not have any clients in oil and gas from Malaysia and the region," he told Bernama in an interview on the sidelines of the Langkawi International Maritime and Aerospace Exhibition (Lima 2009) yesterday.

Over the last five years, he said, the company has sold 450 helicopters, one-third of those were sold to offshore oil and gas operators around the world.

"We have delivered about nearly 200 helicopters and again one-third of these are offshore oil and gas in South America and Africa. So, the Asian region and Malaysia provide a greater potential for us to tap," Richings said.

He said Lima 2009 served as a great platform for the firm to promote itself and raise its profile in Malaysia as well as the Asian region.

Currently, the Malaysian army has 11 of its aircraft, the navy six, the Fire and Rescue Department two and the Maritime Enforcement Agency has three.

Several more AgustaWestland AW139 helicopters are scheduled for delivery in 2010 for the fire brigade and maritime agency for firefighting, search and rescue, maritime protection and surveillance duties.

AgustaWestland is the leader in the maritime helicopter market and has the widest range of maritime helicopters.

The AW139 is the world's best selling medium twin-engine helicopter and leader in the offshore oil and gas support market. - Bernama

RELATED LINK: www.agustawestland.com/
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Old December 7th, 2009, 11:34 AM   #128
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Muhyiddin Woos Japanese Multinationals To Invest In Hi-tech, Capital- Intensive Sectors
December 07, 2009 15:36 PM From Saraswathi Muniappan
http://www.bernama.com/bernama/v5/ne....php?id=460534

TOKYO, Dec 7 (Bernama) -- Deputy Prime Minister Tan Sri Muhyiddin Yassin on Monday, invited to Malaysia Japanese multinationals and businesses to invest in high technology, capital intensive, high value-added, knowledge-based and skills-intensive operations, incorporating design and development and research and development (R&D).

He said such quality investments are key to the country's move towards higher level of industrialisation, he said.

Malaysia's priority sectors are electrical and electronics, information and communications technology, machinery and equipment, biotechnology, halal products, services and automotive industry.
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Old December 7th, 2009, 11:39 AM   #129
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Inno Biologics And Cevec Pharmaceuticals Sign Licencing Agreement
December 07, 2009 16:59 PM

KUALA LUMPUR, Dec 7 (Bernama) -- Inno Biologics Sdn Bhd on Monday, announced the signing of a strategic licensing agreement with Germany's Cevec Pharmaceuticals GmbH.

The agreement covered the use of Cevec's amniocyte production (CAPTM) technology for the production of safe and effective biopharmaceuticals.

The technology will be used locally for developing production cell line and production of biopharmaceutical products, Inno Biologics said in a statement.

According to the company, the CAPTM cell line offers stable and higher expression of human proteins and cell density.

"The cell's origins are ethically accepted with a complete cell source and cell line development documentation," it said.

"Most importantly, the CAPTM human cell line will provide Inno Biologics with non-oncogenic cells which will ensure the future therapies can be delivered in a safe and effective manner," it added.

Inno Biologics, a subsidiary Of Inno Bio Ventures Sdn Bhd, specialises in the development and production of monoclonal antibodies and expression of recombinant protein using mammalian system.

Inno Bio Ventures' group managing director Datuk Dr Mohd Nazlee Kamal said with the CAPTM technology, the company could offer a "unique platform for a truly human therapeutic protein".

"We are not just exchanging technology per se with Cevec but also co-developing several platform technologies to complement the current technology in Cevec," he said.

"Another added benefit to this collaboration is that we hope to train our personnel so that Malaysians in the future will have qualified experts in human cell technology," Mohd Nazlee said.

"Ultimately, we want to ensure Malaysians will have access to the best available therapy at a fraction of the cost they are paying right now," he said.

-- BERNAMA

RELATED LINK:
- www.innobiologics.com/
- www.cevec-pharmaceuticals.com/
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Old December 7th, 2009, 12:09 PM   #130
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MAHB sasar projek ketiga
7 Disember 2009 / 20 Zulhijjah 1430

SEPANG 6 Dis. - Malaysia Airports Holdings Bhd. (MAHB) berminat meneruskan kerjasama dengan GMR Group (GMR) dari India dan Limak Holding (Limak) di Turki, bagi merebut peluang membida lapangan terbang ketiga di Istanbul.

Pengarah Urusannya, Tan Sri Bashir Ahmad berkata, sekiranya diberi tawaran sudah tentu MAHB akan merebut peluang tersebut.

''MAHB, GMR dan Limak sudah mempunyai pengalaman dalam projek membangunkan Lapangan Terbang Antarabangsa Sabiha Gokcen (SGIA) dan ini memberikan kita kelebihan,'' katanya ketika ditemui di sini.

Bashir berkata, demikian ketika diminta mengulas tawaran pembinaan lapangan terbang ketiga di Istanbul yang dibuat oleh Presiden Turki Reccep Tayyip Erdogen ketika pelancaran SGIA, baru-baru ini.

SGIA yang dibangunkan konsortium itu mencatatkan sejarah tersendiri apabila berjaya disiapkan dalam tempoh 18 bulan, meskipun perjanjian asal selama 30 bulan.

Malah, ketika pelancaran SGIA dibuat pada 31 Oktober lalu, ia dibuat lebih awal tiga hari daripada tempoh 18 bulan itu.

Erdogen sebelum ini pernah menyifatkan kejayaan konsortium menyiapkan SGIA itu sebagai sesuatu yang menakjubkan.

''Projek membangunkan SGIA dalam krisis ekonomi global memang merupakan satu cabaran kepada GMR, Limak dan MAHB. Tetapi syarikat ini memang membanggakan kerana berjaya menunaikan janji mereka,'' kata beliau.

MAHB bersama GMR kini sedang membangunkan Lapangan Terbang Antarabangsa Delhi di India dan dijangka siap Mac tahun depan.
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Old December 8th, 2009, 11:35 AM   #131
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Quote:
Malaysia to woo more investors from Japan
Monday December 7, 2009
By AUDREY EDWARDS

TOKYO: The green technology, electric and electronics and automotive industries are among the areas Malaysia is targeting in its bid to attract additional Japanese investments.

Malaysian ambassador to Japan Datuk Shaharuddin Md Som said in the case of green technology, it would give existing investors an opportunity to diversify.

“Japan, as a developed country, vigorously carries out research and development in green technology and with the automotive industry, there are hybrid and electric cars,” he told reporters yesterday ahead of Deputy Prime Minister Tan Sri Muhyiddin Yassin’s four-day specific investment mission, which begins today.

He will visit both Tokyo and Osaka.

“These are areas that perhaps we could emphasise on, so they can see the possibility of diversifying their investment.”

This will be Muhyiddin’s first visit as Deputy Prime Minister. He visited Japan last year when he was International Trade and Industry Minister.

The visit also serves as a follow-up to last year’s trip. He will be accompanied by his wife Puan Sri Noorainie Abdul Rahman.

Officials from the Foreign and International Trade and Industry ministries and the Malaysian Industrial Development Authority are among those in the delegation.

He is scheduled to meet 21 captains of industry including from Toyota Motor Corporation, Mitsui Engineering and Shipbuilding and Tokuyama Corporation.

Shaharuddin said the visit was in recognition of the close ties between both countries not only bilaterally but also because of the importance Japan played in trade and investment.

Objectives of the visit are strengthening diplomatic ties between both nations, strengthening bilateral trade and economic ties and enhancing investments with Japan by updating investors on the current economic situation, investment prospects and opportunities.

Japan is one of the country’s main sources of foreign direct investment for the manufacturing sector, with a total of 46 projects approved from January to October this year and with investments totalling RM6.5bil.

It was also the largest foreign investor last year with 63 approved projects worth RM5.6bil.

Among the major areas of investment in the manufacturing sector are basic metal products (RM2.9bil), electrical and electronic products (RM1.5bil) and wood and wood products (RM233.4mil).

Japan was also Malaysia’s third largest trading partner and export destination last year.

Total trade with Japan was RM136.7bil, which was an increase of 16.5% from 2007.

Malaysia’s exports to Japan was RM38.9bil while imports were valued at RM38.6bil between January and September this year.
Tokuyama to spend RM12.5b in Malaysia
Published: 2009/12/08

TOKYO: Japanese silicon maker Tokuyama Corporation will invest RM12.5 billion over a period of time to produce solar cell components at the Samalaju Industrial Park in Sarawak, said Deputy Prime Minister Tan Sri Muhyiddin Yassin today.

"It's RM5.5 billion for the first 10-year investment with an additional RM7 billion for another 10 to 15 years," he said after meeting the company's top officials here.

Muhyiddin, who is on a specific investment mission to Japan from Dec 7-10 said the investments by Tokuyama, had been approved in 2008 and the Sarawak government had identified a location for the project.

The plant, which will produce polycrystalline silicon for solar cells, is expected to commence operations in 2011.

Muhyiddin said the project is expected to contribute RM19 billion to the gross domestic product (GDP) over the period.

Meanwhile, Tokuyama, has been supplying key polysilicon ingredients to wafer makers including Sumco Corp, Renewable Energy Corp and MEMC Electronic Materials. -- Bernama
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Old December 8th, 2009, 11:42 AM   #132
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M’sia can now export engineering services
7th December, 2009
http://www.newsabahtimes.com.my/nstweb/fullstory/34355

KOTA KINABALU: Malaysian engineers are now licensed to export their professional services in the United States, Canada, United Kingdom, Australia, New Zealand, Hong Kong, South Africa, Japan, Singapore and South Korea. This was made possible with the Washington Accord which Malaysia became a full member on 18th June this year. It is an international accreditation agreement for professional engineering academic degrees, between the bodies responsible for accreditation in its signatory countries.

Sabah engineers were urged to take advantage of this development and be ready for the advent of globalization and liberalization of engineering services. The call was made by the president of the Institute of Engineers of Malaysia (IEM) Dato’ Ir Prof Dr Chuah Hean Teik during the IEM Sabah chapter’s 33rd annual dinner.

Sabah is set to progress by leaps and bounds through the Sabah Development Corridor Master Plan, which will transform the state into a modern economic powerhouse by 2025. Engineering will be the backbone and prime mover for achieving this vision.

Speaking as the national president, he offered IEM to the Sabah State Government as a technical point of reference for local councils and authorities.

With over 24,000 members and affiliated to several international engineering organizations – World Federation of Engineering Organizations (WFEO), Commonwealth Engineers Council (CEC), Asean Federation of Engineering Organisations (AFEO) and the Federation of Engineering Institutions in Asia and the Pacific (FEIAP), IEM is well placed as the main body representing a wide cross-section of engineers who are well learned and experienced in their respective fields.

Chuah revealed that IEM had received a grant of RM472,100 under the Services Sector Capacity Development Fund (SSCDF) by the Malaysian Industrial Development Authority (MIDA). The fund will be used to conduct a series of Outreach and Capacity Building Training Programmes to prepare the IEM members for the liberalization and opening up of the Domestic Services Sector by 2012.

“This will serve as a First Mover Advantage for our commitments by 2015 under the Asean Framework Agreement on Services (AFAS),” he said. He called on the engineering community to avail themselves of the courses organized by IEM in accordance with the SSCDF agenda.

Another RM1 million grant by MIDA to IEM is to provide an integrated ICT digital environment, which includes upgrading its Web Portal to accommodate online CPD (continuing professional development) and accreditation processing. It will also incorporate Knowledge Repository for IEM members’ use.

Under the Malaysia’s 3rd Industrial Master Plan (IMP3) 2006-2020, non-governmental services and logistic sectors are to be the collective engine of growth. It places great importance of the private sector’s contribution and involvement.

Malaysian Services Development Council and the Malaysian Logistics Council are created under the IMP3. The liberalization of services will enhance the mobility of supply, capital (or mobility of legal persons for commercial presence) and expertise (professionals, para-professionals, skilled workers and talents).

As the government has made a success in the export of goods (under IMP1 and IMP2) the Ministry of International Trade and Industry (MITI) through Malaysia External Trade Corporation (Matrade) and MIDA has embarked on roadmaps for services.

“MIDA is encouraging FDIs in services so that Malaysia can tap into the international supply loop,” said Chuah.

“One of the roles of IEM is to channel engineering and technical advice and services when needed, as well as to take an active part in the field of engineering at the national and international levels. “In this respect,” he said, “IEM is preparing various position papers for the federal government with regard to engineering matters.”

In the past, IEM had formed think tank groups for the government in the formulation of policies related to the engineering such as policies and procedures for mitigating the risk of landslides on hillside development, building collapse, prevention of flash floods, erosion and siltation, alleviation of traffic congestion, fire safety in buildings and improvement of R&D and innovation.
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Old December 9th, 2009, 06:37 AM   #133
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Western Digital To Invest In Malaysia Several Hundred Million Dollars In Two Years
December 09, 2009 10:33 AM

From Umi Hani Sharani LOS ANGELES, Dec 9 (Bernama) -- Western Digital, the American hard disk drive maker, is expected to invest several hundred million dollars in the next two years to beef up operations in its three facilities in Malaysia, said President and Chief Executive Officer Datuk John Coyne Tuesday.

He said the amount would be part of the US$4 billion capital expenditure allocated for the company's Asian business over the next five years.

" We will be spending several hundred million dollars over the course of next year to two years to increase both technology and capacity in all the three facilities," he told BERNAMA on the sidelines of the trade and investment mission to the United States by the Malaysian Industrial Development Authority.

Coyne, however, said the investment would be based on Western Digital's actual business needs, taking into account market development, economic policy and Malaysia's competitiveness.

" We have invested US$2.25 billion in Malaysia. We are very happy and it is certainly our intention to grow and invest there over the next few years.

" We certainly hope we would invest similar to what we have already invested in the past," he said.

Coyne said Western Digital had erlier this year bought a building in the Sungei Way Free Trade Zone, just outside Kuala Lumpur, to be its main focus for regional expansion next year as the firm increased its output.

" It will involve additional 3,000 to 5,000 jobs in the Kuala Lumpur area. We also have significant investment programmes in our Penang and Johor facilities.

" Although Malaysia in general has a broadly competitive set of incentives, complemented by a well-developed infrastructure and a stable and industry-positive government, some areas need improvement.

" The area that needs continuous improvement is education, particularly in the third level," Coyne said.

He said there were opportunities to woo Malaysians who have studied and worked abroad to come back to contribute more and provide higher capabilities in technology development in Malaysia.

" That is an area we are continuing to focus on and we are working with the government and universities to further improve capabilities of engineering students coming out of universities and being more industry-focused," he added.

-- BERNAMA
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Old December 9th, 2009, 11:40 AM   #134
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Academy spreads its wings to India, Saudi Arabia
Wednesday, December 9th, 2009
http://www.theborneopost.com/?p=63958



SIGNED AND SEALED: Morshidi (left) and Jean Pierre Clercin exchange
the purchase agreement document witnessed by Johari.


BINTULU: Gulf Golden International Flying Academy (GGIFA) is to expand its operation overseas — in India and Saudi Arabia — by setting up branches as part of its target to achieve a university status by 2012.

GGIFA executive chairman Datuk Morshidi Abdul Rahman said yesterday they have a serious discussion with interested parties in both countries pertaining to the company’s intention to set up its branches overseas.

He said it would help to expand its progression, and as a result by January next year more cadets from the Middle East and India in particular were expected to train in Bintulu or at its establishments in the country.

“On the belief that nothing is impossible, we have bigger plans and will in the near future plan to be the leader in aviation training industry,” he said, adding that they hoped to turn Bintulu campus including the airport into an International Aviation and Aerospace University of Malaysia.

“Together with assistance from Ihsan Al-Shaikh who will partner us in our venture in Saudi Arabia and some interested and influential investor, it is my hope that this will be a reality.

“Today we are very sure that GGIFA College is definitely the name to be reckoned with in the aviation training industry in the Asia Pacific region having grown to what
we are today starting only with seven students to 150 students now,” said Morshidi at the college’s first graduation ceremony for its first and second batches of Commercial Pilot Licence/Instrument Rating (CPL) with Air Transport Pilot Licence (ATPL) Frozen course at BDA Auditorium.

A total of 16 students have completed their studies and graduated as full-pledged pilots.

According to Morshidi, the students have gone through the tough training phases to be a qualified CPL as well as ATPL holder.

Housing and Urban Development Minister Datuk Amar Abang Johari Tun Openg who represented Chief Minister Pehin Sri Abdul Taib Mahmud officiated at the ceremony.

In tandem with the college’s expansion, there was also a signing of an agreement for the purchase of Seneca III FNTP II by GGIFA from Mechatronic Canada.

“The purchase would be helpful for us to handle our Multi Engine Instrument Rating Training requirements,” he added.

He added GGIFA was proud to be associated with Mechatronic and hoped to purchase an MCC simulator once its new campus was completed.

Representing Mechatronic Canada during the purchase agreement signing was Jean Pierre Clercin.
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Old December 10th, 2009, 07:00 AM   #135
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MK Land launched RM3b Bangalore project in India
Published: 2009/12/10

PROPERTY developer MK Land Holdings Bhd (8893) will launch the first phase of its RM3 billion affordable housing project in northern Bangalore, India, by June next year, three months later than initially planned.

Its redesignated executive chairman, Tan Sri Mustapha Kamal Abu Bakar, said that building plans were awaiting the approval of authorities in the state of Karnataka.

"Under Phase 1, we will build 4,500 affordable homes which are a replica of MK Land's house design in Malaysia," Mustapha Kamal told reporters after the group's annual general meeting in Petaling Jaya yesterday.

MK Land is partnering two other companies in the project: Embassy Group of India and MKN Embassy Development Sdn Bhd.
MKN is a joint-venture company set up by MK Land and Embassy Group to develop information technology parks, particularly in Cyberjaya, Selangor.
It will be the group's first project in India and second overseas, after Namibia. The development will encompass 120ha near the new Bangalore International Airport.

The project will be undertaken in four phases and developed within five years. It will potentially deliver 16,000 affordable houses, ranging from 650 sq ft to 1,200 sq ft, and about 560 retail outlets.

The houses, priced from RM100,000 to RM130,000 each, are targeted at the low-middle-income group.

Bangalore, India's Silicon City and Karnataka's capital, is home to well-known information and communications technology companies, related colleges and research institutions.

Mustapha Kamal said the group had received more than 600,000 applications to buy the Bangalore houses. The city has a pent-up demand for more than six million houses.
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Old December 10th, 2009, 01:12 PM   #136
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Submarine Cable System To Link India-Malaysia-Singapore
December 10, 2009 19:06 PM
http://www.bernama.com/bernama/v5/ne....php?id=461459

NEW DELHI, Dec 10 (Bernama) -- A global telephone service provider has announced it will spend US$150 million (RM525 million) to build a new submarine cable system from Chennai in India to Malaysia and Singapore.

This is to enhance direct connectivity between India and Asia.

The Hong-Kong-based Pacnet said on Tuesday in Delhi that the network, named West Asia Crossing (WAC), with a six to eight Terrabyte per second capacity, would be ready by 2012.

The underwater cable is also expected to slash the high cost of connectivity.

"An ongoing concern of customers and service providers in India is the current cost of international bandwidth.Despite recent cost reductions, it remains high by international standards.

"To address this and help reduce the cost of connectivity for companies and individuals in India, Pacnet plans to build WAC," the Business Line newspaper quoted Bill Barney, Pacnet's chief executive officer, as saying.

Barney said the WAC would be built on "joint build" model, where the respective three countries would be able to operate independently, while benefiting from the economies of scale.

India is a major hub for international submarine cables, linking Europe, West Asia and Asia.

-- BERNAMA
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Old December 10th, 2009, 05:11 PM   #137
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Polish Embassy in Kuala Lumpur
by PolandMFA
http://www.flickr.com/photos/38246185@N08/4174190926/

image hosted on flickr
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Old December 10th, 2009, 07:04 PM   #138
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Kencana Petroleum bids for RM4b of projects
Published: 2009/12/10
http://www.btimes.com.my/Current_New...cle/index_html

KENCANA Petroleum Bhd is bidding for more than RM4 billion worth of projects, including that in Malaysia, India and Australia.

Group chief executive officer, Datuk Mokhzani Mahathir said Kencana which is firmly entrenched as the preferred integrated solutions and services provider for upstream oil and gas players, is also looking at projects in Indo-China.

The result of the quest for the projects, he added, will be known in a few months time.

"The chances of securing the projects is good, as we have proven to be a serious player in this industry," he told reporters after Kencana''s annual general meeting here today.

Mokhzani explained that Kencana had RM800 million worth of projects in hand mainly from fabrication works.

In addition to this, Kencana has also secured US$260 million worth of projects from Petronas Carigali.

Kencana is also looking at an investment of RM60 million to increase the efficiency of its fabrication yard in Lumut.

Mokhzani said that the yard in Lumut, had a capacity of 50,000 to 60,000 tonnes.

As for the outlook for next year, he said, it would be better than 2009, even Kenchana is not out of the woods yet. - Bernama
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Old December 13th, 2009, 11:52 PM   #139
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Malaysia to offer ‘credible’ carbon cuts in Copenhagen
Monday December 14 2009
http://www.themalaysianinsider.com/i...-in-copenhagen



Najib is committing the country to
carbon cut even if it hurts. — Reuters pic


KUALA LUMPUR, Dec 13 — The government will offer “credible” cuts in its emissions of carbon dioxide at the Copenhagen climate change summit in a bid to halt global warming, Prime Minister Datuk Seri Najib Razak told Reuters today.

Najib will be among more than 110 world leaders who will meet in Copenhagen next week to attend a summit to try to clinch a deal on deeper emissions cuts by rich nations, steps by developing nations to cut their carbon pollution and finance to help the poor adapt to climate change.

“We are willing to offer our commitment, I am not just going to call on the developed world; I am going to commit Malaysia and I am going to commit Malaysia to very credible cuts which means, we have to spend, which we will do,” Najib said in the interview. Najib said the cuts were still being worked on.

The United Nations has said a full, legal treaty to expand or replace the existing Kyoto Protocol is out of reach at the talks, after two years of troubled negotiations, and is likely to be agreed some time in 2010.

UN data shows Malaysia’s carbon emissions in 2006 stood at 187 million tonnes or 7.2 tonnes from each Malaysian.

Although that figure is far less than neighbouring Indonesia, which is the world’s third largest emitter with 2.3 billion tonnes or 10 tonnes per capita, according to Indonesian government data, Najib said all nations must contribute.

“It has to be predicated on the fundamental principles of the Kyoto protocol and the UN Framework on Climate Convention,” he said.

“Amongst which, the most important being the common but differentiated responsibilities that the developed world must deliver against larger cuts in terms of carbon emissions and that the developing world should be assisted, particularly in terms of financial assistance, capacity building and technology.”

Najib said that despite the current economic turmoil, which has seen the United States and Europe plunge into huge budget deficits, the fight against climate change had to take priority.

The United Nations wants to raise US$10 billion (RM34 billion) a year from 2010-12 in quick-start funds to help the poor cope with global warming and move away from fossil fuels. But few nations have offered quick-start cash.

In the longer term, the United Nations estimates the fight against global warming is likely to cost US$300 billion a year from 2020, largely to help developing nations adapt to impacts such as droughts, floods and heatwaves.

“If we really talking about it, we must walk the talk (on funding). Otherwise we are just going to face a very uncertain future and the effects will be quite catastrophic,” Najib said. — Reuters
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Old December 14th, 2009, 06:08 AM   #140
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PayPal, subsidiary of eBay expands services in Malaysia
11th December, 2009
http://www.newsabahtimes.com.my/nstweb/fullstory/34512

KUALA LUMPUR: PayPal, a subsidiary of eBay Inc, has expanded its services in Malaysia with the introduction of support for payments in Malaysian ringgit and a new bank withdrawal feature that enables members to transfer money from their PayPal account directly to a Malaysian bank account.

The two new services give Malaysian buyers and sellers the option to pay and get paid in local currency for their domestic transactions, as well as Malaysian sellers to gain fast and convenient access to their funds, ultimately making e-commerce even easier, the company said in a statement yesterday.

“The introduction of our bank withdrawal service will help ease the pain for Malaysian PayPal sellers and is just one of the testaments to the investment we are deploying across Asia as well as our commitment to bring innovative, safer and more convenient solutions to Malaysia,” PayPal Southeast Asia and India General Manager Mario Shiliashki said.

“With the new functionality, we’re also excited about the ability to further deepen our relationships with many of our existing partners, such as MOL AccessPortal Bhd, iPay88, NetBuilder, Neowave and SeatAdvisor,” said PayPal Asia Merchant Services Head Brad Paterson.

MOL AccessPortal CEO Ganesh Kumar Bangah said his company would definitely benefit from the introduction of the services.

“We are happy PayPal has introduced bank withdrawal and ringgit options for customers in Malaysia as it will enable us to have better cashflow while improving convenience for our daily transactions,” he said.

PayPal is faster, safer way to pay and get paid online.

The service allows members to send money without disclosing financial information, with the flexibility to pay using their account balances and credit cards.
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