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Old February 19th, 2012, 11:57 AM   #2281
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Malaysian economy expands 5.2 pct in Q4 2011 — BNM
Posted on February 16, 2012, Thursday
http://www.theborneopost.com/2012/02...n-q4-2011-bnm/

KUALA LUMPUR: The Malaysian economy expanded by 5.2 per cent in the fourth quarter last year, leading to a growth of 5.1 per cent for the whole year, Bank Negara Malaysia said.

In a statement yesterday, it said domestic demand, supported by both private and public sector spending, helped the growth despite a challenging external environment.

“On the supply side, the services sector recorded slower growth, while the manufacturing sector grew at a similar pace with that of the previous quarter, reflecting the weaker external environment amid sustained growth in domestic activity.

“Other sectors, however, recorded improvements during the quarter, while the agriculture sector continued to record strong growth,” the central bank said.
Domestic demand expanded by 10.5 per cent during the quarter under review, driven by the continued expansion in household and business spending and public sector expenditure.

“Private consumption increased by 7.1 per cent, supported by favourable income growth while public consumption expanded by 23.6 per cent following higher expenditure on emoluments and supplies and services.

“Gross fixed capital formation increased by 8.5 per cent, supported by continued expansion in capital spending by the private sector and non-financial public enterprises,” Bank Negara said.

The central bank said that the Federal Government development expenditure during the quarter was mostly channelled into the transportation, trade and industry sectors.
The agricultural sector continued to expand on strong crude palm oil production, while the construction sector registered higher growth, supported by the implementation of major infrastructure projects.

“The headline inflation rate declined to 3.2 per cent, with the transport category slipping to 3.2 per cent, reflecting the absence of further adjustments on prices of RON95 petrol, diesel and liquefied petroleum gas.”
“Inflation in the food and non-alcoholic beverages category, however, rose to 5.3 per cent during the quarter mainly due to higher prices in the fish and seafood subcategory,” Bank Negara said.

On the external sector, it said, the current account surplus narrowed in the fourth quarter, but remained large at RM22 billion, equivalent to 10.1 per cent of gross national income.

The lower surplus was due to a lower goods surplus, higher trade deficits and larger income outflows.

The goods surplus was slightly lower at RM36.9 billion as gross exports expanded at a more moderate pace while import growth was sustained.
The financial account turned around from a net outflow position to record a small net inflow of RM200 million during the quarter under review, due to the significantly smaller net outflow of portfolio funds and higher net inflow of other investments.

“During the quarter, foreign direct investment recorded a higher net inflow of RM6.5 billion, driven by higher retained earnings by the multinational companies in Malaysia and higher inflow of equity capital,” the central bank said.
Direct investments abroad by Malaysian companies increased further to RM14.4 billion, reflecting higher outflow of equity capital and larger earnings retained abroad for investment purposes.

The overall balance of payments continued to remain strong, recording a surplus of RM6.3 billion during the quarter, as the current account surplus remained high and the financial account registered a net inflow position, Bank Negara said.

As at Dec 31, 2011, the international reserves of Bank Negara amounted to RM423.4 billion, after taking into account the quarterly adjustment of the foreign exchange revaluation loss, following the strengthening of the ringgit against some major currencies during the quarter.

As at Jan 31, 2012, the reserves position amounted to RM424 billion, sufficient to finance 9.6 months of retained imports and was 4.1 times the short-term external debt,” it said.

Bank Negara said it expected Malaysia’s economic growth to be moderate this year amid the challenging external environment.

“Growth prospects have become increasingly uncertain with the emergence of greater downside risks.

“In particular, policy uncertainty on the resolution of the ongoing sovereign debt crisis in Europe amid fiscal consolidation in the advanced economies could add further strains to the international financial system, thus affecting the prospects for continued global growth,” it said.

Nonetheless, domestic demand will continue to be the key driver of growth this year, supported primarily by continued expansion of private sector activity, it said, adding that public sector expenditure will also lend strong support to the overall growth performance. — Bernama
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Old February 20th, 2012, 06:22 AM   #2282
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Future is in your hands, Khairy tells younger generation
By REGINA LEE Monday February 20, 2012
http://thestar.com.my/news/story.asp...720&sec=nation

PETALING JAYA: As politicians gear up for “war” in an election that is expected to be held soon, young people are being urged to take part in what could be a watershed poll.

With the economic recession hitting many countries, Umno Youth chief Khairy Jamaluddin said the youth vote was necessary to determine the nation’s direction.

“It is important to get the youth to vote because they can decide the outcome in marginal constituencies and they show less party loyalty than older voters,” he said.

“Apathy and ignorance could be why there is still an astonishing number of eligible voters yet to register with the Election Com*mission (EC).

“I am somewhat surprised there are 3.7 million Malaysians who have yet to register,” he said, adding that he personally favoured automatic voter registration although it might not address the apathy issue.

“Maybe, we need to ask if the political process is turning young people off,” said Khairy, adding that Umno Youth had helped to register 80,000 voters last year.

DAP publicity chief Tony Pua said automatic voter registration could address many of the factors that discouraged people from registering as voters.

Citing ignorance as a reason, he added: “There have been people coming up to us to ask if they have to register to vote.”

Pua said he had been personally asked if people had to pay to register and vote.

Nevertheless, Pua said there was an improvement since 2008, when there were about 4.3 million people who did not register to vote at the last general election.

According to the EC, the third quarter of last year showed 12.4 million eligible to vote.

Many young Malaysians, however, are becoming aware of their democratic rights.

Fourth-year medical student Tang Mei San registered just a month after turning 21 in April.

“More of my friends are becoming aware of their electoral res*ponsibility. It is quite easy to register. I went to the post office and the registration was over in 10 minutes,” she said.
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Old February 20th, 2012, 08:13 AM   #2283
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even if my friends here were to register, they still won't be allowed to vote
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Old February 20th, 2012, 04:49 PM   #2284
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Dr M: Malaysians need to be more mature for political debates
By JOSEPH SIPALAN Published: Monday February 20, 2012 MYT 7:43:00 PM
http://thestar.com.my/news/story.asp...828&sec=nation


http://www.themalaysianinsider.com/m...h-for-debates/

PUTRAJAYA: Malaysians are "not yet that mature" to deal with political debates, said former Prime Minister Tun Dr Mahathir Mohamed.

He said the public still had a tendency to allow emotions to take over from rational discussion of issues affecting them and the country.

"This is not America, but even in America, debates only serve to expose how stupid the candidates are," he said after meeting with top leaders of right-wing Malay rights group Perkasa here Monday.

When asked, Mahathir said he does not have a problem with debates but quickly added that it would not lead to anything constructive.

"A debate is okay-lah, but at the end of the day it won't come to any kind of conclusion," he said.

Mahathir also scoffed at PKR's challenge to Prime Minister Datuk Seri Najib Tun Razak to face off with the party's de-facto leader Datuk Seri Anwar Ibrahim, implying that a debate with Anwar was pointless.

"He is a chameleon... When he is with the Chinese he condemns the NEP (New Economic Policy), when he is with the Indians he is Indian, when he is with Muslims he talks about Islam.

"There is nothing to debate with Anwar," he said.

Meanwhile, Mahathir played down the need for a Royal Commission of Inquiry to probe claims of rampant issuance of identity cards to illegal immigrants in Sabah, saying it was something that the Government was more than capable of handling on its own.

"I think it is a problem, but we don't have to have an RCI on it. The Government will have to go through its records and deal with this issue," he said of the proposal by the Parliamentary Select Committee on electoral reform.
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Old February 20th, 2012, 07:14 PM   #2285
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UMW Toyota may consider making hybrid car parts in Malaysia
By Rupinder SinghPublished: 2012/02/21
http://www.btimes.com.my/Current_New...#ixzz1mwmStOo7



SUBANG JAYA: UMW Toyota Motor Sdn Bhd would consider assembling or manufacturing components of Toyota's hybrid cars in Malaysia if demand and volume increases.

Its president Ismet Suki said Toyota is monitoring the demand for energy efficient vehicles, including hybrid cars in the country.

"We are beginning to see the awareness of hybrid vehicles. When the market improves and the volume is at a reasonable figure, then we will look into that possibility," he said when asked if UMW Toyota is considering manufacturing hybrid vehicles here.

Ismet said Toyota is exploring all possibilities but no firm plans have been made as yet.

Currently, Toyota hybrid cars are made in Japan and Thailand.

"The possibilities are many but at this point, we are monitoring the trend of the hybrid vehicle sales.

"If there is a need to come, it could be assembly or components manufacturing," he said after the launch of the improved Prius and Prius C yesterday.

However, Ismet believes that Toyota's decision would depend on favourable policies to spur demand for such energy efficient vehicles.

"There must be some continuity in terms of promoting hybrid vehicles in Malaysia. If the incentives and popularity increases continuosly, then there is a need to look at it very seriously," he said.

He noted that the government is focused towards developing energy efficient vehicles in the country and expects the soon-to-be announced National Automotive Policy to include such plans.

"We want stability and long-term commitment to the policy. There should be tailor-made incentives to encourage more investments," he said.

Since the government announced full tax exemption for hybrid cars in 2010, there has been a big jump in sales volume.

According to Ismet, after the incentives were in place, UMW Toyota hybrid sales leapt to over 2,000 units from about 80 units.

"This year, we are looking at 5,000 units, including the Lexus hybrid vehicles," he added.

UMW Toyota is the exclusive distributor of Toyota and Lexus models in Malaysia.

Meanwhile, UMW Toyota has targeted sales of 1,500 units for the improved Prius and 2,500 units for Prius C this year.

The Prius is tagged at RM139,900 and RM145,500 for the standard and luxury variant respectively, while the Prius c starts at RM97,000.
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Old February 20th, 2012, 07:19 PM   #2286
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Tourism spending hits RM41.9b
By Vasantha Ganesan Published: 2012/02/21
http://www.btimes.com.my/Current_New...#ixzz1mwniwMjH

MALAYSIAN residents spent a total of RM41.9 billion on tourism-related activities locally and abroad in 2010.

Of the RM41.9 billion, RM27.6 billion was spent on domestic tourism and RM14.3 billion when abroad.

The amount spent locally in 2010 was 30.5 per cent higher than 2009, while those who went on holiday abroad spent 18.3 per cent more in 2010 compared to the previous year.

This was revealed for the first time two weeks ago by the Department of Statistics in the Tourism Satellite Account (TSA) for the 2000-2010 period, prepared for the Ministry of Tourism and Tourism Malaysia.

TSA is a method of calculating tou-rism contribution by factoring in direct and spillover contributions of tourism to the economy as opposed to only direct tourism receipts such as from shopping and accommodation.

Domestic tourist arrivals in 2010 were 39.5 million, with Sarawak recording the highest arrivals at 8.9 million.

If the number of malls was not evidence enough that in Malaysia the favourite pastime is shopping, then the latest statistics should.

Consider this: A total of RM9 billion (32.6 per cent) - similar to the cost of building Kuala Lumpur International Airport - was spent on shopping while holidaying within the country.

This was followed by transportation, accounting for 29.8 per cent; 14.8 per cent on food and beverages; and 12.1 per cent on accommodation.

The TSA system, a recommended method of calculation by the United Nations World Tourism Organisation, is only used in three places in Asean - Malaysia, the Philippines and Bali, Indonesia.

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Old February 21st, 2012, 03:05 PM   #2287
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Council: Malaysia will retain growth momentum this year
Posted on February 20, 2012, Monday
http://www.theborneopost.com/2012/02...tum-this-year/

JOHOR BAHARU: Malaysia is expected to retain its growth momentum and expand at more than five per cent this year although faced with an uncertain global economic climate, said the National Council of Commerce and Industry Malaysia (NCCIM).

Its secretary-general Datuk Syed Hussien Al-Habshee said the implementation of projects under the Economic Transformation Programme (ETP) will help to drive the country’s economy forward and retain its growth at more than five per cent this year.

“The confidence level of the business sector and consumers towards the country’s economy this year would also continue to be high,” he told Bernama in an interview.

Syed Hussien, who is also former Ambassador of Malaysia to United Arab Emirates (UAE), said the government led by Prime Minister Datuk Seri Najib Tun Razak had also managed the Malaysian economy successfully.

“Although faced with steep challenges following the Eurozone financial problems and the market uncertainty in the United States, the government has managed the economy well.” The economy grew at a 5.1 per cent rate in 2011 despite the worsening external economic conditions. It had recorded a 7.2 per cent growth the previous year.

Syed Hussien said the country’s total trade last year saw a record figure, hitting RM1.3 trillion, while trade surplus grew 9.4 per cent worth RM120 billion.

“All this contributed positively to the economy,” he said.

He also said that Malaysia could have seen an even higher growth if the world economy had not been burdened with the Eurozone problem and a slowdown in the US economy.

Syed Hussien also said NCCIM would be organising a roundtable forum to discuss specific economic issues and the challenges posed by them on April 16.

Former prime minister Tun Dr Mahatir Mohamad is expected to chair the event, which is to be attended by 120 leading local business figures. — Bernama
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Old February 21st, 2012, 05:00 PM   #2288
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BN defensive as Penang tops manufacturing investment

UPDATED @ 10:39:41 PM 21-02-2012 By Lee Wei Lian February 21, 2012

KUALA LUMPUR, Feb 21 — The performance of Pakatan Rakyat controlled states in attracting manufacturing investment prompted a minister today to play up the federal government’s role in their success.
The Ministry of International Trade and Industry released figures today that showed that the federal opposition controlled states of Penang and Selangor had recorded the highest levels of approved manufacturing investment in 2011, at RM9.1 billion and RM8.74 billion respectively.

This is the second year in a row that Penang and Selangor have topped the ranks for approved manufacturing investment and a sharp contrast to 2009 when Sarawak attracted the highest levels of manufacturing investment and Penang came in fourth.

Another Pakatan Rakyat (PR) state, Kedah came in fifth in 2011 with RM6.13 billion, behind Barisan Nasional (BN) controlled Sarawak which was in third place at RM8.45 billion and Johor with about RM6.5 billion.

The economic performance of PR states is closely watched as many voters and analysts use it as a gauge of whether the coalition is a viable alternative to the ruling BN.

Minister for International Trade and Industry Datuk Seri Mustapa Mohamed said in a media briefing today that Penang had done well since the 1980’s due to strong support from the federal government.

He also said that not all federal opposition controlled states had done well.

“If my (opposition) friends want to say that Penang has done well because it’s ruled by the opposition, what do you say about Kelantan?” said Mustapa.

Kelantan, Mustapa’s home state which is administered by PAS, recorded only RM444 million in approved manufacturing investment last year.

The minister said that the federal government had continued to invest in Penang, including the expansion of the island’s airport and the construction of a second link to the mainland.

“We’re not saying that the state government’s haven’t done anything, but the federal government is working very hard,” he said.

Mustapa (picture) added that the federal government had spent large sums of money developing infrastructure in Penang, the Klang Valley and in the Iskandar region in south Johor.

In terms of total investment however, Penang lost out narrowly to Sarawak which received a huge boost from oil and gas investments.

Sarawak attracted some RM14.35 billion in total investment last year, to Penang’s RM14.038 billion

Sabah was third with RM13.68 billion, followed by Selangor at RM13.47 billion and Johor with RM12.64 billion.

Mustapa said that Sabah, Sarawak and Johor were the beneficiaries of huge oil and gas investments with Petronas alone investing RM6.7 billion in Sarawak.

In Johor, it was the huge investment by Dialog in the Pengerang oil terminal that made up the single largest chunk of the state’s investment.

US newswire Bloomberg had in October last year described Penang’s growth into Malaysia’s “biggest economic success” despite the federal government’s focus on Johor and Sarawak, as a boost to PR’s credibility.

It pointed out that under the Najib Administration’s Economic Transformation Programme (ETP), the federal government is promoting RM65.8 billion worth of private sector-led projects for Johor and a mere RM375 million for Penang.

http://www.themalaysianinsider.com/m...ing-investment
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Old February 21st, 2012, 05:15 PM   #2289
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Originally Posted by buildship View Post
BN defensive as Penang tops manufacturing investment

UPDATED @ 10:39:41 PM 21-02-2012 By Lee Wei Lian February 21, 2012

KUALA LUMPUR, Feb 21 — The performance of Pakatan Rakyat controlled states in attracting manufacturing investment prompted a minister today to play up the federal government’s role in their success.
The Ministry of International Trade and Industry released figures today that showed that the federal opposition controlled states of Penang and Selangor had recorded the highest levels of approved manufacturing investment in 2011, at RM9.1 billion and RM8.74 billion respectively.

This is the second year in a row that Penang and Selangor have topped the ranks for approved manufacturing investment and a sharp contrast to 2009 when Sarawak attracted the highest levels of manufacturing investment and Penang came in fourth.

Another Pakatan Rakyat (PR) state, Kedah came in fifth in 2011 with RM6.13 billion, behind Barisan Nasional (BN) controlled Sarawak which was in third place at RM8.45 billion and Johor with about RM6.5 billion.

The economic performance of PR states is closely watched as many voters and analysts use it as a gauge of whether the coalition is a viable alternative to the ruling BN.

Minister for International Trade and Industry Datuk Seri Mustapa Mohamed said in a media briefing today that Penang had done well since the 1980’s due to strong support from the federal government.

He also said that not all federal opposition controlled states had done well.

“If my (opposition) friends want to say that Penang has done well because it’s ruled by the opposition, what do you say about Kelantan?” said Mustapa.

Kelantan, Mustapa’s home state which is administered by PAS, recorded only RM444 million in approved manufacturing investment last year.

The minister said that the federal government had continued to invest in Penang, including the expansion of the island’s airport and the construction of a second link to the mainland.

“We’re not saying that the state government’s haven’t done anything, but the federal government is working very hard,” he said.

Mustapa (picture) added that the federal government had spent large sums of money developing infrastructure in Penang, the Klang Valley and in the Iskandar region in south Johor.

In terms of total investment however, Penang lost out narrowly to Sarawak which received a huge boost from oil and gas investments.

Sarawak attracted some RM14.35 billion in total investment last year, to Penang’s RM14.038 billion

Sabah was third with RM13.68 billion, followed by Selangor at RM13.47 billion and Johor with RM12.64 billion.

Mustapa said that Sabah, Sarawak and Johor were the beneficiaries of huge oil and gas investments with Petronas alone investing RM6.7 billion in Sarawak.

In Johor, it was the huge investment by Dialog in the Pengerang oil terminal that made up the single largest chunk of the state’s investment.

US newswire Bloomberg had in October last year described Penang’s growth into Malaysia’s “biggest economic success” despite the federal government’s focus on Johor and Sarawak, as a boost to PR’s credibility.

It pointed out that under the Najib Administration’s Economic Transformation Programme (ETP), the federal government is promoting RM65.8 billion worth of private sector-led projects for Johor and a mere RM375 million for Penang.

http://www.themalaysianinsider.com/m...ing-investment
wondering why the petronas large portion investment in sarawak consider as FDI? i am not good in this....
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Old February 21st, 2012, 06:45 PM   #2290
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Modest growth in FDI despite a surge in domestic investments. Official FDI data is out. (Full Article)


Quote:
Malaysia net FDI inflows 2011 up 12.3% to 32.9b ringgit (approx. US$10.7b), created 338,555 jobs
The Malaysian Insider | UPDATED @ 10:01:03 PM 21-02-2012 | By Lee Wei Lian



KUALA LUMPUR, Feb 21 — Malaysia’s net foreign direct investment (FDI) inflow reached RM32.9 billion last year, surpassing the pre-crisis level of RM29.1 billion in 2007 said Datuk Seri Mustapa Mohamed today.

Approved manufacturing investment however had yet to recover to pre-crisis levels, despite growing 19 per cent to RM56.1 billion in 2011, as it was still well below the RM62.8 billion recorded in 2008.

Total approved investment in the manufacturing, services and primary sectors last year grew 40.7 per cent to RM148.6 billion and domestic investments exceeded FDI by comprising 55.4 per cent of the total.

Sarawak attracted the highest amount of approved investments at RM14.35 billion, followed by Penang (14.04 billion), Sabah (RM13.68 billion) and Selangor (RM13.47 billion).

Manufacturing remained the largest contributor to FDI at RM16.5 billion, followed by services (RM9 billion) and mining (RM7.3 billion).



Japan was the top source of approved manufacturing FDI at RM10.1 billion, followed by Korea (RM5.1 billion), US (2.5 billion), Singapore (2.47 billion) and Saudi Arabia (2.17 billion).

Penang attracted the highest levels of approved manufacturing investment at RM9.1 billion, followed by Selangor (RM8.74 billion), Sarawak (RM8.45 billion) and Kedah (RM6.13 billion).

Mustapa said that the estimated figure for realised private investment of RM94 billion for last year had also exceeded the target of RM83 billion.

The minister said that he expects the levels of approved investment for 2012 to be about the same as last year.

“We think we can achieve the same numbers and can maintain the 2011 figure for 2012 given the uncertain global economy,” he said.

Mustapa said that from 2007-2011, 76.4 per cent of approved investment projects have been implemented.



Foreign direct investments no longer flow to Kuala Lumpur in a big way.


He also said that 338,555 jobs were created during the same period of which 49 per cent were in the skilled worker category and 13 per cent were from the technical and supervisory category.

Asked about the move by Germany’s Robert Bosch to put its solar panel manufacturing plant in Penang on hold earlier this month, Mustapa said that the decision was made in light of the slump in solar panel prices as well as demand following the withdrawal of support of solar power in some European countries.

He added however that Bosch remained committed to invest in the plant at a later date.

“It’s just a temporary setback,” he said.

Source:
>>> http://www.themalaysianinsider.com/m...-crisis-level/
>>> http://www.themalaysianinsider.com/m...ng-investment/

Quote:
Penang

Penang Island/State alone is home to some over 200 global electronics and semiconductor manufacturing companies including Intel, AMD, Dell, Sony and Honeywell. Several new foreign investors in Penang in 2011 include:

Ambu (Denmark) marks Penang's big entry into medical devices after the entry of St. Jude Medical in 2010


National Instruments (US) to open R&D center


Ixmation AG (Germany)


Ibiden Electronics (Japan) 2nd plant


Infineon (Germany) plans to expand its Penang-Kulim and Malacca plants


Robert Bosch (Germany), one of Penang's pioneer investor 4 decades ago plans to come back with the largest solar plant in Southeast Asia
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THE KUALA LUMPUR DEVELOPMENTS COMPILATION (LATEST: AUG'2014) >>> PAGE 1 >>> PAGE 2 (Suburb)

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Old February 21st, 2012, 07:31 PM   #2291
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What is key growth in Sarawak... Power & Energy, Bintulu Port, Tanjung Manis Halal Hub, Samalaju Industrial park?? anything else...
Quote:
Originally Posted by nazrey View Post
Samalaju to woo RM20b investment
Published: 2012/01/21
http://www.btimes.com.my/Current_New...ALAJU/Article/

KUCHING: The Samalaju Industrial Park in the Sarawak Corridor of Renewable Energy (Score) is expected to attract RM20 billion worth of investment and 8,000 workers by 2015, Chief Minister Tan Sri Abdul Taib Mahmud said yesterday.

He said response from investors to Samalaju has been very keen, with three industries currently starting construction while water and electricity supply would be made available on time during the first phase from now until the end of 2015.

"Twenty years ago, nothing was done in Samalaju. An area of 6,000ha has been cleared and taken up by the industries while the authorities are now in the process of planning a township to ease the 60km commute to Bintulu," he said here when witnessing the power purchase agreement signing ceremony between Asia Minerals Ltd (AML) and Sarawak Energy to provide 270 megawatts (MW) of power for a contract period of 20 years.

The federal government had allocated a grant of RM500 million to enable dredging works to be carried out at the Samalaju port within the next two years, he said.

He was also confident that Sarawak Energy, which has a supply capacity of 2,500MW at present, would have an installed capacity of 3,900MW by then for the industries in Samalaju.

"By 2015, two hydroelectric power dams, including Bakun and Murum, and two coal-fired stations in Balingian would be fully operational."

On the RM790 million investment by AML to set up a manganese ferroalloy smelting plant in Samalaju, he said Sarawak's relationship with Japanese investors has been very cordial, ever since the first Japanese multinational, Taiyo Yuden, invested in Sama Jaya Free Industrial Zone here about 15 years ago.

"As far as the state government is concerned, we go all out to ensure investors get what they want, their operations are smooth and products are delivered on time," he said.

Meanwhile, Japanese ambassador to Malaysia Shigeru Nakamura said there are 39 Japanese companies in Sarawak at present, including in energy-related services, electronic equipment, construction, timber and tourism-related industries.

He was optimistic the first manganese ferroalloy plant would further boost bilateral ties besides helping to promote Japanese investment in the state. Bernama
Quote:
Originally Posted by nazrey View Post
Korean companies invest RM2 billion in Samalaju Industrial park
by Peter Sibon, reporters@theborneopost.com. Posted on February 18, 2012, Saturday
http://www.theborneopost.com/2012/02...#ixzz1mp9FYK7k



FRUITFUL MEETING: Awang Tengah (second left) is seen presenting a book on
Sarawak’s development to Asia Cement’s director of corporate planning Keon
Hee Lee at the former’s office at Wisma Sumber Alam, Kuching yesterday.
Also seen in the picture from right are Sarudu, Julaihi, Naroden and Nansian. Photo: Chimon Upon.


KUCHING: Some RM2 billion (US$620 million) worth of investment at Samalaju Industrial Park from two Korean conglomerates have been approved by the state government, revealed Minister of Industrial Development Datuk Amar Awang Tengah Ali Hassan.

He told a press conference here yesterday that the two companies namely Asia Cement Co Ltd (Asia Cement) and Dongwoo Metal Korea would invest an estimated US$300 and US$320 million respectively.

Awang Tengah said Asia Cement would invest in the manufacturing of metal silicon.

“Currently they are in negotiations on the power purchase agreement with Sarawak Energy Bhd (SEB) on the tariffs for the requested 180MW of electricity for its need to start operations here,” said Awang Tengah after receiving two Korean company delegations at his office at Wisma Sumber Alam here yesterday.
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Old February 21st, 2012, 07:40 PM   #2292
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'Malaysia to continue to attract good investments'
By Rupa DamodaranPublished: 2012/02/22
http://www.btimes.com.my/Current_New...#ixzz1n2jUoBrK

KUALA LUMPUR: Malaysia expects to attract the same level of foreign direct investments in 2012 as it did last year, on the back of growing optimism of global FDIs.

International Trade and Industry Minister Datuk Seri Mustapa Mohamed said there were several investments in the pipeline in the fourth quarter of 2011 and these were not yet in the system.

In 2011, Malaysia attracted RM32.9 billion in FDIs, an increase of 12.3 per cent compared with RM29.3 billion in 2010.

"We believe that Malaysia will continue to attract good investments and grow in tandem with the US$1.9 trillion (RM5.74 trillion) FDI inflows announced by the United Nations Conference on Trade and Development (UNCTAD)," he said at the annual Malaysian Investment Development Authority (Mida) media conference.

Investments will also continue to flow from the Asean region, China, Japan, India and the Middle East.

He said momentum for private investments would continue as implementation of projects under key initiatives such as the Economic Transformation Programme (ETP) would also continue from last year.

Domestic direct investments have spearheaded the ETP and also formed the lion's share of the total approved investments in the services sector.

Realised private investments this year will rise to RM110 billion from RM94 billion last year.

The oil and gas sector is a significant contributor to private investments.

"The oil and gas sector is doing well and will be important in the next few years," he said, adding that 40 per cent of private investments would come from this sector.

The solar industry, on the other hand, has been sluggish the past year. It faced an excess capacity and withdrawal of support from some European governments, even as prices for solar panels and other products slumped.

Some companies had also informed Mida that they had either placed their projects on hold or were slowing expansion of projects.

The recent announcement from Bosch to postpone the construction of its euro520 million (RM2 billion) solar production facility was not unexpected but Mustapa said the company remained committed to investing in the country.

On his trade and investment visit to Thailand and Myanmar today, Mustapa said he hoped to tap the outward-looking Thai investors.

Malaysian investments are largely in the banking and the automotive sectors.

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Old February 22nd, 2012, 02:39 AM   #2293
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Quote:
Originally Posted by nazrey View Post
What is key growth in Sarawak... Power & Energy, Bintulu Port, Tanjung Manis Halal Hub, Samalaju Industrial park?? anything else...
Aluminium smelting, oil/gas and oilfield services (you see the foreign MNC Jobs Ads at newspaper you'll know) and maritime services.




*****************


Penang State, Silicon Economy of Malaysia - Year 2012
Have been lying on my hard disk for a while, let's take a look at one of Malaysia's most industrialised state - Penang.

Georgetown or commonly referred to Penang Island is the capital of Penang State. Collectively, it is often referred as Malaysia's largest metro outside KL.

From Wikipedia:
http://en.wikipedia.org/wiki/Penang
Quote:
Penang is the third-largest economy amongst the states of Malaysia, after Selangor and Johor. Manufacturing is the most important component of the Penang economy, contributing 45.9% of the State's GDP (2000). The southern part of the island is highly industrialised with high-tech electronics plants (such as Dell, Intel, AMD, Altera, Motorola, Agilent, Hitachi, Osram, Plexus, Bosch and Seagate) located within the Bayan Lepas Free Industrial Zone — earning Penang the nickname Silicon Island. In January 2005, Penang was formally accorded the Multimedia Super Corridor Cyber City status, the first outside of Cyberjaya, with the aim of becoming a high-technology industrial park that conducts cutting-edge research. In recent years, however, the state is experiencing a gradual decline of foreign direct investments due to factors such as cheaper labour costs in China and India.


Quote:
1. BAYAN LEPAS FREE TRADE ZONE, PENANG
Data compiled from the following websites:
- www.investpenang.gov.my
- www.frepenca.com
- www.smartpenang.my


Bayan Lepas Town on Penang Island, the Silicon Valley Island of Malaysia

Some of the multinationals located at Bayan Lepas

One of many factories owned by Intel Corporation in Bayan Lepas Penang


List of Foreign Multinationals with Facilities here:
Accellent
Advanced Micro Devices
Agilent Technologies
Altera Corporation
Ambu
AMC Billion Electronics
Amphenol Corporation
Arrow Electronics
ASE Electronics
Automotive Lighting Malaysia (Magneti Marelli Group, a member of Fiat S.p.A.)
Avago Technologies
B Braun Medical Industries
Benchmark Electronics Inc.
Blaupunkt
Cardinal Health
Cisco Systems Virtual Manufacturing Center
Clarion and Crystal Precision (both are members of Hitachi in Malaysia)
Continental Automotive Instruments
Dell Global Business Center
DHL Global Forwarding Asia
Escatec Electronics
Esquel Apparels Group
Fairchild Semiconductor
FASTRON Group
Federal Express Asia Services
Flextronics
Heyco Metals
Hitachi Semiconductor (a member of Hitachi in Malaysia)
Integrated Device Technology
Intel Corporation
Inventec Corporation
ITW Meritex and Richmond Technology (both are members of Illinois Tool Works Inc.)
Jabil Circuit
Jadason Technology
Kingston Technology Company Inc.
Knowles Electronics
Kobe Precision Technology (a member of Kobe Steel)
Lemtronics (a member of Lemarne Corporation of Australia)
Linear Semiconductor
MAPA Gloves (a member of Hutchinson S.A. which is part of TotalFinaElf S.A.)
Mattel Inc.
Mini-Circuits Technologies
Motorola Technology
National Instruments
Neuvos Group of Finland
Nihon Garter Co., Ltd.
Osram Opto Semiconductors (a member of OSRAM GmbH)
Pac Tech GmbH Asia Pacific
Penfabric (a member of Toray Industries Inc. of Japan)
Philips Lumileds Lighting Company (a member of Philips Lighting)
Plexus Corporation
Priority Cargo Asia
Renesas Semiconductor
Robert BOSCH GmbH
Sanmina-SCI Corporation
Sanyo Automedia/Sanyo Electric (a member of Panasonic Electronic Devices)
Seagate
Semiconductor Packaging Materials and SEMX Corporation (both are members of Coining Inc.)
Schenker Logistics
SILQ (a joint venture with SemiLEDs Corporation of Taiwan)
Spansion Inc.
St. Jude Medical
STEC, Inc.
Stoppani AG
Symmetry Medical
Tanaka Electronics
Teleplan Technology Services
TIM Electronics (a member of Toshiba Tec Corp. of Japan)
TPC Malaysia (a member of AVX Corporation which is part of Kyocera Electronics Corporation)
Towa Corporation, Japan
Venture Electronics
Western Digital (formerly known as KOMAG, Inc. in Penang)
Winchester Electronics
World Micro, Inc.

List of Major Local Companies Here:
ADF Technologies
Aemulus
Affinex Innovation
AKN Industries Bhd
AT Systematization Bhd
CEEDTec
Coldfusion Engineering (a member of UMW Group)
CPI Penang
DSEM Holdings Group
Dynacraft Industries (a member of Hong Leong Group)
Eng Teknologi Bhd
Fuji Lift & Escalator
GF Technology
Globetronics Technology Bhd
ImaxTech Electronics
Ire-Tex Corporation Bhd
KESP (KESM Industries Bhd)
Kobay Technology Bhd
Konway Industries
Leadman Precision Engineering
LED Illumination
LIS-TEC Corporation
Micro Carbide Engineering
Micro Modular System
Microlead Precision Technology
Pentamaster Bhd
Rehon Industries
QDOS Flexcircuits (a member of Suiwah Corporation Bhd)
SAM Engineering & Equipment (M) Bhd (formerly known as LKT Industrial Bhd)
SRM Integration Group
Texchem-Pack (PP)
Vitrox Corporation Bhd
Wanjun Engineering
Zhulian Corporation Bhd
Zoomic Electronics



Quote:
2. PRAI INDUSTRIAL PARK, BUKIT MERTAJAM, PENANG
Data compiled from the following websites:
- www.investpenang.gov.my
- www.frepenca.com
- www.smartpenang.my


Dell Malaysia in Prai Industrial Park

NEC Corporation in Prai Industrial Park

DIC Japan in Prai Industrial Park

Solectron in Prai Industrial Park


List of Foreign Multinationals with Facilities here:
Action Industries (a member of Action Asia Ltd. of Singapore)
Behn Meyer
BenQ Corporation
Canon Electronics
Cheung Woh Technologies (a member of Cheung Woh Technologies Ltd. of Singapore)
Chiyoda Integre Co.
Chung Rong Spring Co. (a member of Chung Rong Group of Taiwan)
Core Electronics (a member of Shining Yuan Enterprise Co. Ltd. of Taiwan)
Crown Equipment Corporation
Dell Asia Pacific Manufacturing & Design Hub
DIC Compounds (a member of DIC Corporation of Japan)
Elna Co., Ltd.
Flextronics
Frencken Group Ltd.
Fujikura Federal Cables (a member of Fujikura Ltd. of Japan)
Fujisash Metal Industries (a member of Fujisash Co. Ltd. of Japan)
G-TEK Electronics Group Taiwan
Hitachi Chemical (a member of Hitachi in Malaysia)
Honeywell Aerospace Avionics
Ibiden Electronics
Ingersoll Rand
Ishikawa Spring
Iriichi Tsushin Kogyo Co. Ltd.
Kasatani Advance Technology (a member of Kasatani Corporation of Japan)
Kao Plasticizer (a member of Kao Corporation in Malaysia)
Kobe Welding (a member of Kobe Welding Wire Co., Ltd of Japan)
Kontron AG
Kyoseki Sangyo
M S Elevators (a joint venture with Toshiba Elevator & Building Systems)
Miden Industrial
NEC Computers Asia Pacific
Nichibei Parts Co., Ltd.
Nippon EGalv Steel (joint venture with Nippon Steel Corporation)
PCA Technology Ltd.
SCHOTT Glass AG
SDK Co., Ltd. of Japan
Seagate Storage Products (formerly Maxtor Corp. in Penang)
Seoul Electronics & Telecom Co., Ltd.
Siemens VDO Components (a member of Siemens in Malaysia)
Sheng Khuang Circuit Board (a member of Sheng Khuang P.C.B Printing Co., Ltd. of Taiwan)
Smart Modular Technologies
Solectron Corporation
Sony Electronics (a member of SONY in Malaysia)
Soritsu Technology (a member of Soritsu Corporation of Japan)
Swanson Plastics (a member of Swanson Plactics Corporation of Taiwan)
Swiss Profile (a member of PX Holding Group S.A.)
Tai Ohm Electronics (a member of Tai Electronics Co., Ltd. of Taiwan)
Taipei Plastics Corporation Ltd.
Toray Plastics (a member of Toray Industries, Inc.)
Trumeter Technologies Ltd.
Veolia Industrial Services (a member of Veolia Water)


List of Major Local Companies Here:
AcidChem International (a member of IOI Group)
Aik Joo Can Factory (a member of Can-One Bhd)
AKTY Technologies
Alliance Contract Manufacturing
Arita Plastics
Danapac Industries
Davis Lighting Group
EPE Packaging Group Malaysia
Excel Precision
Hotayi Electronic
Itramas Corporation
Kelpen Plastics Technology
Kosel Industries
Lipo Corporation Bhd
Malayan Metal Works
Maxcap Electronics
Nationgate Technology Malaysia
Nikko Electronics
Osaka Plastics (a member of Lor Weng Foo Plastic Group)
Parade Manufacturing
Polynic Industries
Prime Pharmaceutical
Professional Tools & Dies
SKB Aluminium Industries
South Island Plastics
Texchem-Pack (M) Bhd
Tong Herr Fasteners Co. (a member of Tong Herr Resources Bhd)
Tosin Packaging
Uchi Technologies Bhd
Vision Industries
Ya Horng Electronic (M) Bhd
Yiwol Engineering
ZD Tech Corporation (a member of AKN Technology Group)



Quote:
3. BATU KAWAN INDUSTRIAL PARK (New)
Data compiled from the following websites:
- www.investpenang.gov.my
- www.frepenca.com
- www.smartpenang.my

List of Foreign Multinationals with Facilities here:
VAT Vakkumventile AG
Robert BOSCH GmbH Solar Plant


List of Major Local Companies Here:
Boon Siew Honda (Bike Division)



Quote:
4. BUKIT MINYAK & JURU INDUSTRIAL PARK, PENANG & PENANG SCIENCE PARK
Data compiled from the following websites:
- www.investpenang.gov.my
- www.frepenca.com
- www.smartpenang.my

List of Foreign Multinationals with Facilities here:
Alpha Biologics cGMP Manufacturing Facility
Amphenol TCS (a member of Amphenol Corporation)
ATS Automation (a member of ATS Automation Tooling Systems Inc. of Canada)
Aviatron Malaysia (a member of Singapore Aerospace Manufacturing)
Firgos International B.V.
Flextronics
Foamline Industries (a member of Armstrong Industrial Corporation Ltd. of Singapore)
Ibiden Electronics (2nd plant opening in 2012)
ixmation AG
LINTEC Corporation of Japan
NIG Utara (a member of Leeden Ltd. of Singapore)
Polar Twin Advance (a joint venture with Polar Electro Oy of Finland)
Schawk
Schmitter Automotive Group AG
Taiyo Manufacturing Co., Ltd.
WesternGeco (a member of Schlumberger in Malaysia)


List of Major Local Companies Here:
Aident Corporation
Amlex Technology
Aterm Electronic
Ching Seng Hang Hardware
Chye Plastic Industry
Easy Pack Manufacturing
EDM Fasteners
Ee-Lian Plastic Industries
Epsilon Technology
Fairon Composite & Aluminium
Foong Chi Mould Industries
Gold Choice Food Industries
JCY HDD Technology (a member of JCY International Bhd)
Kamen Steel Industries
Labelpac & Print
Le Nam Megasheet
Maxonic
Nanyang Synergy
Penchem Technologies
Polydamic Holdings
Profound Rubber Industries
Progenix Research
PW Consolidated Bhd
Rinda Food Industries
Rhythm Consolidated Bhd
Sakura Rubber
Semarak Engineering
Stamp Ford Manufacturing
Tatt Giap Steel Centre (a member of Tatt Giap Group Bhd)
Tek Seng Holdings Bhd
TS Solartech
UWC Electric
Vigilenz Medical Devices
Winwa Medical



Quote:
5. KULIM HI-TECH PARK, PENANG-KEDAH BORDER
Data compiled from the following websites:
- www.khtp.com.my


ASML, Intel, Infineon, BASF Electronics Division, First Solar and Celestica are some of the largest multinationals in Kulim Malaysia


List of Foreign Multinationals with Facilities here:
Air Products
Akrion Systems LLC.
Ansell
Applied Materials
ASML Holding N.V.
Aviza Technology Inc.
Axcelis Technologies Inc.
BASF Electronic Materials (a member of BASF)
Bayerische Motoren Werke (BMW) Assembly Plant
C. R. Bard, Inc.
Celestica
Entegris
First Solar
Fuji Electric
Fujimi Micro Technology (a member of Fujimi Inc. of Japan)
Hamada Heavy Industries Co., Ltd.
Hermes-Epitek Corporation
HOYA Electronics (a member of HOYA Corporation of Japan)
Infineon Technologies
Intel Corporation
Intevac, Inc.
KLA-Tencor Corporation
Lam Research Corporation
Laryngeal Mask Company
Lfoundry GmbH
Mölnlycke Health Care of Sweden
Novellus Systems Inc.
Organo Corporation Japan
Sanyo Electric Solar Division (a member of Panasonic Energy)
Schenker Logistics
Showa Denko K.K.
Smartrac Technology N.V.
SterilGamma (a member of Synergy Health plc)
System Seiko
Toyo Memory Technology (joint venture between Toyo Kohan Co., Ltd. and Marubeni Corporation)
Varian Semiconductor Equipment Associates, Inc. (a member of Applied Materials)
Von Ardenne Anlagentechnik GmbH
WaferGen Biosystems, Inc.
Whizz Systems, Inc.


List of Major Local Companies Here:

Advanced Materials Research Centre by SIRIM Bhd
AIC Semiconductor (a member of AIC Corporation Bhd)
Atea Environmental Technology
BCM Electronics Corporation
ETI Technology Bhd
Frontken Corporation Bhd
Kedah BioResources Corporation
Imed Lab
Inokom Corporation Bhd
Metal Excellence Centre (METEX)
Mimos Bhd
QT Technology Group (relocated from Singapore)
Silterra Malaysia
Universiti Kuala Lumpur Malaysian Spanish Institute
Wong Engineering Bhd
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Quote:
THE KUALA LUMPUR DEVELOPMENTS COMPILATION (LATEST: AUG'2014) >>> PAGE 1 >>> PAGE 2 (Suburb)

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Last edited by patchay; February 22nd, 2012 at 02:47 AM.
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Old February 22nd, 2012, 03:04 AM   #2294
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Malaysia Duduki Ranking 122 Indeks Kebebasan Akhbar

KUALA LUMPUR: Malaysia memperbaiki kedudukan dengan menduduki tempat ke-122 di dalam Indeks Kebebasan Akhbar 2011/2012 yang direkodkan oleh Reporters Without Borders.

Dalam indeks 2010, Malaysia menduduki tempat ke-141.

Indeks terbaru ini menunjukkan Malaysia mendahului negara-negara serantau yang lain seperti Singapura yang menduduki tempat ke-135, Thailand (137), Filipina (140) dan Indonesia (146).

Finland dan Norway bersama-sama menduduki tempat teratas dalam kajian kebebasan akhbar yang melibatkan 179 negara, diikuti Estonia dan Belanda yang terikat di tempat ketiga, manakala Austria di tempat kelima.

Lima lagi antara 10 negara teratas daripada segi kebebasan akhbar adalah Iceland dan Luxembourg di tempat keenam, Switzerland (lapan), Cape Verde (sembilan), serta Kanada dan Denmark yang terikat bersama di tempat ke-10.

Menduduki tempat terbawah dalam senarai adalah Turkmenistan (177), Korea Utara (178) dan Eritrea (179)

http://mstar.com.my/berita/cerita.as...c=mstar_berita
Ada peningkatan.... tapi kenapa negara yang lebih demokrasi seperti Indonesia dan Filipina ranking mereka lebih buruk? Overall ranking untuk ASEAN sangat memalukan..

Ranking Negara
117. Cambodia
122. Malaysia
125. Brunei
135. Singapore
137. Thailand
140. Filipina
146. Indonesia
165. Laos
169. Myanmar
172. Vietnam

http://en.rsf.org/press-freedom-inde...2012,1043.html
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Old February 22nd, 2012, 05:41 PM   #2295
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Oil & Gas capex may reach US$500b
Published: 2012/02/22
http://www.btimes.com.my/Current_New...#ixzz1n86CtBCw

The capital expenditure (capex) in the oil and gas industry worldwide is expected reach a record level at half a trillion US dollars this year.

Group Analyst of Acteon Group Ltd, Will Rowley, said the estimates were based on the assumption that oil prices will stay at a comfortable level for expansion and reinvestment.

Acteon is a group of specialist engineering companies serving the global offshore oil and gas industry.

"This year would be a good year (for the industry). All activities are increasing, supported by cash-rich operators. There's no shortage of work, margin has improved although cost has been up a little bit," he told Bernama on the sidelines of Offshore Asia Conference 2012, in Kuala Lumpur today.

Rowley said the industry would see structural changes that would lead to more deepwater exploration and subsea activity and in more diverse geographical areas.

Asia is well-positioned to tap into this potential area on projection that the region maintains its number one market share in terms of volume in the fixed platforms in the next five years, he added.

"We think there's a lot of potential not just in deepwater, however, it's not just growth potential but working with our partner to develop the expertise that can be used regionally," Rowley said.

He said many national oil majors were exploring areas beyond their country's borders and significant increase of offshore licensing is underway for a notable number of new areas.

Geographical diversity is a key opportunity although it heightened the pressure on logistics and project management including people.

"There is a need for greater cooperation and innovation. We also have problems to get the right skill and quality and yet the industry is getting more spread out and technically demanding," he said.

Commenting on oil price outlook, Rowley said there could be a strong possibility it could increase, in the face of the situation in Iran.

"Some of the increase has been factored in by a lot of traders but it's a very fickle market where it can go higher but could settle down very quickly," he said, adding many operators had made statements that they were more comfortable if the price was lower.

"Ultimately, what you want is an industry that is sustainable rather than boom to bust scenario," he said.

Oil price rises above US$106 a barrel today, the highest level since May 2011 on concerns of a disruption to Europe's oil supplies. -- Bernama
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Old February 23rd, 2012, 07:23 AM   #2296
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Westports plans RM3.2bil investment
Wednesday February 22, 2012
http://biz.thestar.com.my/news/story...7&sec=business

PUTRAJAYA: Westports Malaysia Sdn Bhd will invest RM3.18bil under its expansion plan to further improve the port’s capacity, executive chairman Tan Sri G. Gnanalingam said.

He said the expansion plan includes the 160 ha (400 acres) land reclamation project expected to be completed by next year and the construction of four container terminals slated for completion in 2016.

“We already have five container terminals now. The sixth terminal is under construction and we will move to seventh (terminal) next year, eighth and ninth (terminal). We have four more terminals to complete.

“Now, we are handling 6.5 million twenty-foot equivalent units (TEUs) and it will increase to 11 million TEUs by 2016,” he told reporters after signing a RM318mil facilitation fund agreement with the government, Bank Pembangunan Malaysia and Westports for a land reclamation project in Port Klang.

The agreement signed by the Prime Minister’s Department Public Private Partnership Unit director-general Datuk Seri Dr Ali Hamsa and Gnanalingan will provide RM318mil facilitation fund to Westports for the project.

The signing was witnessed by Minister in the Prime Minister’s Department Tan Sri Nor Mohamed Yakcop and Public Private Partnership Unit Fund Section director Raja Muhammad Azhan Shah Raja Muhammad.

Nor Mohamed said the facilitation fund was important to expand Westports as about 80% of the nation’s exports and imports used the port’s facilities.

“This is a success that all of us should be proud of. We should not be satisfied (with what we’ve achieved so far), instead we should strive to do more using our strategic assets that we have to scale greater heights in this transport hub.

“To do this, we have to reclaim land, make dredging and etc.

“With government assistance, facilities at Westports can be expanded and we can get revenue from ships using the facilities,” he added. — Bernama
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Old February 23rd, 2012, 07:24 AM   #2297
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Foreign direct investments hit RM33bil, surpassing pre-crisis level
By CHOONG EN HAN Wednesday February 22, 2012
http://biz.thestar.com.my/news/story...2&sec=business



Mustapa:
Manufacturing sector accounted for the largest share of FDI inflows last year.


PETALING JAYA: Despite prevailing global economic uncertainties, Malaysia's total foreign direct investment (FDI) inflows sprung a surprise and climbed to RM32.9bil last year, eclipsing the pre-crisis level of RM29.1bil achieved in 2007.

International Trade and Industry Minister Datuk Seri Mustapa Mohamed said the manufacturing sector accounted for the largest share of FDI inflows, comprising 50.1%, followed by the services sector with 27.3%, and mining and quarrying at 22.2%.

Brazil's Vale Group, the world's second-largest mining company, Agilent Technologies Inc and Infineon Technologies are among the foreign companies that expanded their operations in Malaysia last year.

About 72% of FDI came from Asian countries, with Japan topping the list with RM10.1bil, followed by South Korea at RM5.1bil and Singapore RM2.47bil, while US contributed RM2.5bil, and Saudi Arabia RM2.17bil.

With the intensified efforts to attract investments, he hoped the country could achieve similar numbers this year.

Data released by the Malaysian Industrial Development Authority (MIDA) showed total investments approved in the manufacturing, services and primary sectors leaping by 40.7% to RM148.6bil on the back of 4,964 projects, compared with RM105.6bil (4,368 projects) in 2010.

Mustapa also said the domestic investments in 2011 continued to dominate the approved investments, accounting for 55.4% or RM82.3bil of the total approved investments, while foreign investments totalled RM66.3bil.

The manufacturing sector accumulated a total of 846 projects valued at RM56.1bil, an increase of 18.8% from RM47.2bil recorded in 2010, while the services sector recorded investments totalling RM64.4bil, surging by 75.5% from RM36.7bil previously.

Sarawak attracted the most approved investments at RM14.35bil, followed by Penang with RM14.04bil and Sabah at RM13.68bil.

Meanwhile, he said the country had surpassed targets for realised private investments by achieving RM94bil in realised investments in 2011, exceeding the RM83bil target set previously. He said he hoped the country could achieve the target of RM115bil in annual average realised private investments set under the 10th Malaysia Plan.

Bank Islam chief economist Azrul Azwar Ahmad Tajudin said it was a good thing to see a revival in private investments with the country surpassing targets set.

“However, the private investment share to gross domestic product (GDP) ratio is still at low levels despite the revival of private invesments,” he said.

He said before the Asian financial crisis, share of private investment to GDP took between 20% to 30%, and just before the crisis hit, it was at a peak of 35%, however currently it was hovering at about 11% only.

“Although the data presented is very clear, I would like to see data that shows FDI inflows by state,” he said.

RAM Holdings Group chief economist Dr Yeah Kim Leng also echoed the same sentiments and said the fresh data should help boost investors' sentiments given that FDI inflows were still present despite the perceived economic slowdown.

“This points to Malaysia's ability to attract foreign investments, however we still have to see in relation to the overall FDI inflows of other countries, and compare the share with them,” he said.
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Old February 23rd, 2012, 07:34 AM   #2298
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Quote:
Originally Posted by Brown_Eastern View Post
Ada peningkatan.... tapi kenapa negara yang lebih demokrasi seperti Indonesia dan Filipina ranking mereka lebih buruk? Overall ranking untuk ASEAN sangat memalukan..

Ranking Negara
117. Cambodia
122. Malaysia
125. Brunei
135. Singapore
137. Thailand
140. Filipina
146. Indonesia
165. Laos
169. Myanmar
172. Vietnam

http://en.rsf.org/press-freedom-inde...2012,1043.html
Malaysia moves up 19 places on Press Freedom Index
Wednesday February 22, 2012
http://thestar.com.my/news/story.asp...633&sec=nation

PETALING JAYA: Malaysia has moved up 19 places on the 2011/2012 World Press Freedom Index and is now ranked at 122 compared to 141 in 2010.

The annual index, compiled by Reporters Without Borders, involved 178 countries.

It placed Malaysia ahead of other Asean countries like Singapore, Indonesia, Thailand and the Philip*pines.

“This year’s index sees many changes; changes that reflect a year that was incredibly rich in developments, especially in the Arab world,” Reporters Without Borders said, adding that the past year also highlighted the role played by Netizens in producing and disseminating news.

It said the international media had paid dearly for its coverage of democratic aspirations or opposition movements as totalitarian and repres*sive regimes continued to control news and information.

Finland, Norway and the Nether*lands topped the index again while Iran, Syria, and North Korea remained at the bottom of the list.

In the Asia-Pacific region, the report stated that the countries that traditionally performed well did not shine last year.

“With New Zealand’s fall to the 13th position, no country in the Asia-Pacific region figured among the top 10 in the index,” it said, adding that an army crackdown in West Papua, Indonesia, where at least two journalists were killed, five kidnapped and 18 assaulted last year, was the main reason for the country’s fall to the 146th position in the index from 117 in 2010.

Rais: Improved ranking proves press freedom exists in Malaysia
Published: Wednesday February 22, 2012 MYT 10:23:00 PM

KUALA LUMPUR: Malaysia's improved ranking in the 2011/2012 Press Freedom Index proves to the world that the country is open to freedom of speech and people making known their views, said Information, Communications and Culture Minister Datuk Seri Dr Rais Yatim.

He said although Malaysia was in a better position in the rankings, there was still a need for a benchmark concerning press freedom so that media practitioners respected the laws of the country.

"We cannot be blindsided by what is deemed as freedom of the press in the West.

"What we need is to follow the United Nation's charter concerning the freedom to state one's views and opinions," he told reporters here Wednesday.

He was asked to comment on Malaysia moving up 19 notches, from 141 in 2010 to 122 in the 2011/2012 index released by Reporters Without Borders.

The latest rankings showed Malaysia to be better than its neighbours like Singappore (135), Thailand (137), the Philippines (140) and Indonesia (146).


Meanwhile, Dr Rais urged advertisers of products and services using "rojak" Malay to quickly revert to proper use of the national language.

"Maybe we use 'rojak' language at home, but for the general public, we must use the correct version of the national language.

"I hope no one will be offended by this. If it is costly to make the change, we (ministry) can help out," he said. - Bernama
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Old February 24th, 2012, 07:42 AM   #2299
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PM: IMF recognises Malaysia for prudent economic management
By R S N MURALI Published: Friday February 24, 2012 MYT 12:25:00 PM
http://thestar.com.my/news/story.asp...046&sec=nation

MALACCA: International Monetary Fund has recognised Malaysia for its prudent economic management said Prime Minister Datuk Seri Najib Tun Razak on Friday.

He said that such recognition was considered prestigious as not many other nations in this region received such accolades from an International body.

Speaking at the handing over ceremony of offer letters to potential owners of Sg Putat affordable apartments in Batu Berendam here, Najib also refuted claim by certain quarters that the country had borrowed heavily from World Bank and IMF to spearhead projects under 1Malaysia banner.
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Old February 25th, 2012, 07:11 PM   #2300
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M’sians must know how nation came about — Ex-top cop
Posted on February 23, 2012, Thursday
http://www.theborneopost.com/2012/02...ut-ex-top-cop/

KUALA LUMPUR: It is imperative that the current and future generations of Malaysians know how the nation has evolved to where it is today.

In spite of inherent and distinctive diversities among its people, they still could unite to win the war against communist terrorists (CTs).

Former top cop Tan Sri Yuen Yuet Leng said, this was particulary so, during the time when the CTs were still unprepared to openly give up violence and their armed struggle as a means to achieve political power.

“Even after retirement, I still continue to play my part to ensure that the incumbent government, whatever the political party, continues to administer the nation fairly and justly in the interests of all communities and especially, the needs of all communities,” he said in a special interview with Bernama recently.

He explained that all efforts must be carried out according to the Federal Constitution and must be appreciated by everyone.

Nevertheless, Yuen expressed sadness that some politicians spit venom when making thoughtless statements, in relation to the CTs, especially in trying to turn one into a hero when the nation’s security forces had fought for four decades and died for the integrity of the country and its independence.

Yuen, who has penned his opinions in a letter published by a local newspaper recently, said: “Till now, tell me that I have not truly been a freedom fighter when I had been shot twice.

“I have been carrying a terrorist slug lodged in my chest since 1951. I had been hunted for assassination even after retirement in 1984. I did not accept a government offer to be relocated overseas to a safer location.

“I stayed back because not everyone who has served the nation selflessly and honestly, can afford to migrate or wants to migrate because this is still a great country,” said the man who cuts an iconic figure in the history of the police force, given his vast experience in fighting the CTs, among others.

Yuen is saddened that things have become too political, and that creeping racial and religious polarisation have threatened the unity, harmony, economy and above all, the once-lauded communal goodwill in this nation which was the legacy of our first prime minister, Tunku Abdul Rahman Putra.

“I know the country should, hopefully sooner than later, reconcile and forget all the hurt and pain of the past, in what was a civil war of ideologies.”

Yuen, who served as chief police officer in Perak and Sarawak, believes that the only way to ensure that the threat of communist revivalism was nipped in the bud was to teach history in the right perspective among school and university students.

“Many things are being uttered wrongly because of our weak education system.

History, as it should be, is not being taught properly,” he said.

Yuen has written two books about his struggles with the CTs, first in 1998 called ‘Operation Ginger’, and the other in 2008, ‘Nation Before Self’.
He is scheduled to deliver a talk on his struggles against the communists at the Malaysia Historical Forum (Kolokium Sejarah Malaysia) on Feb 25. — Bernama
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