Recently, raja petra who is well known as rpk, a fugitive blogger challenged the govt to try his case in uk court.
He has been staying there for about a year running away from bein caught by malaysian police. The police has is still searching for him n want to bring him to court to b charged.
Rpk said that the reason why he runs away from msia is bcoz he doesn't believe to our judiciary. If he stays here, he ll b charged n definitely ll b convicted. Rpk chickened out. He's a chicken of the first order.
In the past he had been shouting like hell criticizing the govt n its instruments. All r rotten n he will blame all things which do x favor him. He made wrongful allegations which r totally baseless n I can describe him as a tool for certain irresponsible individuals.
He has been caught by d police be4 n the police has completed their investigation n rpk needs to be charged. He's is so coward for running away. If he feels that he's innocent just go for the trial. He is x guilty until proven guilty. So simple.
he wants to be tried in uk. That's stupid. Does uk court hv any jurisdiction to try him? No, they don't. He's not a war criminal. He's fugitive perhaps. That's y he had courage to say as such. There's x legal provision which allows the uk court to try him.
N I've x idea how he could stay there for a long period n how did he escape from msia.
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Tuesday, May 25, 2010
Wednesday, May 19, 2010
What did martin luther king jr say about hitler
He said: Everything that hitler did in german was legal.
What does this mean? Think bout it :-)
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Tuesday, May 18, 2010
University ranking
University ranking is one of the hottest issues this week. The 2010 asian uni. Ranking (rum) has been released n it shows 5 local uni have succeeded 2 place themselves in top 100. However d ranking of some uni such as um n ukm has dropped. I'm quite disappointed with how d local medias deal with this. It was reported in d back pages of only 1 mainstream newspaper. Were they unaware of this?
when uni ranking drops, people will condemn n question its methodology. the criteria to evaluate d uni ll b changed every year. Perhaps this is d main reason y d uni ranking drops.
However, we must realize that d rankings r x a perfect measure of a uni actual worth. Sometimes, its kinda subjective to measure such uni. There r some universities which r good in 2 or 3 fields where they hv specialized their expertise. For example, iiu can be said as 1 of d best universities in msia where they hv produced so many experts but they r x listed in d top 100. Last year they were placed in top 300. But we can't say they r x good n as far as I'm concerned iiu graduates r marketable. They use fully english when it comes to learning n teaching n they have x prob in speaking english, soft skill etc.
A deeper context of evaluation must b made. N they r looking 4ward of it. More aspects n elements should b measured. University's work at national level, community engagement etc must b taken into account.
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when uni ranking drops, people will condemn n question its methodology. the criteria to evaluate d uni ll b changed every year. Perhaps this is d main reason y d uni ranking drops.
However, we must realize that d rankings r x a perfect measure of a uni actual worth. Sometimes, its kinda subjective to measure such uni. There r some universities which r good in 2 or 3 fields where they hv specialized their expertise. For example, iiu can be said as 1 of d best universities in msia where they hv produced so many experts but they r x listed in d top 100. Last year they were placed in top 300. But we can't say they r x good n as far as I'm concerned iiu graduates r marketable. They use fully english when it comes to learning n teaching n they have x prob in speaking english, soft skill etc.
A deeper context of evaluation must b made. N they r looking 4ward of it. More aspects n elements should b measured. University's work at national level, community engagement etc must b taken into account.
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Thursday, May 13, 2010
Malaysia Raises Rate as Faster Growth Eclipses Europe Threat
May 14 (Bloomberg) -- Malaysia's central bank raised interest rates for the second time this year as growth accelerated, judging that risks stemming from low borrowing costs are greater than any impact from Europe's debt crisis.
Bank Negara Malaysia increased its benchmark overnight policy rate to 2.5 percent from 2.25 percent, it said in Kuala Lumpur yesterday, a decision that was predicted by 21 of 22 economists surveyed by Bloomberg News. Gross domestic product increased 10.1 percent in the three months ended March 31 from a year earlier, the most in a decade, a separate report showed.
Asian central banks are pulling back monetary stimulus as the region's growth outpaces the rest of the world. Malaysia will be able to absorb increased volatility in its markets as a result of the turmoil in Europe, and has the "policy flexibility" to act should global conditions worsen, Bank Negara Governor Zeti Akhtar Aziz said yesterday.
"The economic upswing looks set to remain strong and Bank Negara needs to tighten further to ensure that inflation stays contained," said Kevin Grice, an economist at Capital Economics Ltd. in London. "The chance that inflation accelerates significantly in the coming quarters appears a far greater threat than the risk that either local policy tightening or what happens in Europe brings a sharp slowdown in GDP growth."
The impact of Europe's sovereign debt crisis may be muted on Malaysia, Goldman Sachs Group Inc. said this week as it recommended buying the ringgit. Global stocks fell last week on concern the debt crisis in Europe would derail the world's recovery from last year's economic slump.
Ringgit Climbs
The Malaysian currency is Asia's best performer this year and has climbed 7.4 percent against the dollar. It rose to 3.187 per dollar at 7:46 p.m. local time yesterday, from 3.199 before the GDP data and rate decision were released.
Malaysia's ringgit is "retracing back" to previous levels after depreciating "very significantly" in 2008 and part of 2009, Zeti said yesterday.
Europe's sovereign debt crisis may increase capital flows to Asia at a time when policy makers are battling rising asset prices and strengthening currencies, according to Standard Chartered Plc. European lawmakers announced an aid package worth almost $1 trillion on May 10 to stem a drop in the euro and avert a default by Greece.
"At this point, we do not see the risks on our domestic economy rising from these developments in Europe," Zeti said. "But if this contagion spreads to other parts of the world, including to the U.S. and other developed economies, then we need to reassess the situation."
Early Mover
Malaysia was among the first Asian countries to withdraw monetary stimulus this year. The central bank's rate increase in March was the first in almost four years.
"By starting early, Bank Negara has the flexibility to move gradually and can amend its tightening strategy if conditions change unexpectedly," said Grice, who expects rates to be raised to 3.5 percent by mid-2011.
The Bank of Korea left rates unchanged for a 15th month this week. Bank Indonesia has refrained from raising borrowing costs even as its economy expanded at the fastest pace in more than a year last quarter. Still, India and Vietnam have raised interest rates to contain inflation, while China has ordered banks to set aside more reserves three times this year.
Malaysia's rate increase is a move "towards further normalization of monetary conditions," the central bank said in a statement. "The stance of monetary policy continues to remain accommodative and supportive of economic growth."
Growth Forecast
Zeti said last month the central bank may raise its 2010 economic growth forecast from as much as 5.5 percent as exports and industrial production strengthen. Growth of 6 percent this year is "achievable" and the government is on target to narrow its budget deficit, Prime Minister Najib Razak said yesterday.
Overseas sales jumped 36.4 percent in March on growing demand for goods including IOI Corp.'s palm oil and Intel Corp.'s computer chips.
"Malaysia can take comfort that its growth looks quite strong in 2010, supported by domestic demand and the outlook for the rest of Asia," said Rahul Bajoria, an economist at Barclays Capital in Singapore. "We see a further normalization of the policy stance, possibly in the third quarter, but the timing will depend on how global conditions pan out in the coming months."
Future rate increases will be more dependent on domestic conditions than international ones, Zeti said yesterday. The economy is expected to improve further in the current quarter from the first three months of the year, she said.
The central bank said it expects a "gradual rise" in consumer prices this year and overall inflation will probably be "moderate" even as global commodity and food prices increase cost pressures.
To contact the reporter on this story: Shamim Adam in Singapore at sadam2@bloomberg.net
Bank Negara Malaysia increased its benchmark overnight policy rate to 2.5 percent from 2.25 percent, it said in Kuala Lumpur yesterday, a decision that was predicted by 21 of 22 economists surveyed by Bloomberg News. Gross domestic product increased 10.1 percent in the three months ended March 31 from a year earlier, the most in a decade, a separate report showed.
Asian central banks are pulling back monetary stimulus as the region's growth outpaces the rest of the world. Malaysia will be able to absorb increased volatility in its markets as a result of the turmoil in Europe, and has the "policy flexibility" to act should global conditions worsen, Bank Negara Governor Zeti Akhtar Aziz said yesterday.
"The economic upswing looks set to remain strong and Bank Negara needs to tighten further to ensure that inflation stays contained," said Kevin Grice, an economist at Capital Economics Ltd. in London. "The chance that inflation accelerates significantly in the coming quarters appears a far greater threat than the risk that either local policy tightening or what happens in Europe brings a sharp slowdown in GDP growth."
The impact of Europe's sovereign debt crisis may be muted on Malaysia, Goldman Sachs Group Inc. said this week as it recommended buying the ringgit. Global stocks fell last week on concern the debt crisis in Europe would derail the world's recovery from last year's economic slump.
Ringgit Climbs
The Malaysian currency is Asia's best performer this year and has climbed 7.4 percent against the dollar. It rose to 3.187 per dollar at 7:46 p.m. local time yesterday, from 3.199 before the GDP data and rate decision were released.
Malaysia's ringgit is "retracing back" to previous levels after depreciating "very significantly" in 2008 and part of 2009, Zeti said yesterday.
Europe's sovereign debt crisis may increase capital flows to Asia at a time when policy makers are battling rising asset prices and strengthening currencies, according to Standard Chartered Plc. European lawmakers announced an aid package worth almost $1 trillion on May 10 to stem a drop in the euro and avert a default by Greece.
"At this point, we do not see the risks on our domestic economy rising from these developments in Europe," Zeti said. "But if this contagion spreads to other parts of the world, including to the U.S. and other developed economies, then we need to reassess the situation."
Early Mover
Malaysia was among the first Asian countries to withdraw monetary stimulus this year. The central bank's rate increase in March was the first in almost four years.
"By starting early, Bank Negara has the flexibility to move gradually and can amend its tightening strategy if conditions change unexpectedly," said Grice, who expects rates to be raised to 3.5 percent by mid-2011.
The Bank of Korea left rates unchanged for a 15th month this week. Bank Indonesia has refrained from raising borrowing costs even as its economy expanded at the fastest pace in more than a year last quarter. Still, India and Vietnam have raised interest rates to contain inflation, while China has ordered banks to set aside more reserves three times this year.
Malaysia's rate increase is a move "towards further normalization of monetary conditions," the central bank said in a statement. "The stance of monetary policy continues to remain accommodative and supportive of economic growth."
Growth Forecast
Zeti said last month the central bank may raise its 2010 economic growth forecast from as much as 5.5 percent as exports and industrial production strengthen. Growth of 6 percent this year is "achievable" and the government is on target to narrow its budget deficit, Prime Minister Najib Razak said yesterday.
Overseas sales jumped 36.4 percent in March on growing demand for goods including IOI Corp.'s palm oil and Intel Corp.'s computer chips.
"Malaysia can take comfort that its growth looks quite strong in 2010, supported by domestic demand and the outlook for the rest of Asia," said Rahul Bajoria, an economist at Barclays Capital in Singapore. "We see a further normalization of the policy stance, possibly in the third quarter, but the timing will depend on how global conditions pan out in the coming months."
Future rate increases will be more dependent on domestic conditions than international ones, Zeti said yesterday. The economy is expected to improve further in the current quarter from the first three months of the year, she said.
The central bank said it expects a "gradual rise" in consumer prices this year and overall inflation will probably be "moderate" even as global commodity and food prices increase cost pressures.
To contact the reporter on this story: Shamim Adam in Singapore at sadam2@bloomberg.net
===
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Wednesday, May 12, 2010
MMC May Propose $1.2 Billion Power Plant Expansion (Update1)
April 29 (Bloomberg) -- MMC Corp., Malaysia's second- biggest electricity producer, may propose to the government a plan to spend as much as $1.2 billion to expand its Tanjung Bin coal-fired power plant to avert a potential supply shortage.
A power reserve shortfall may emerge as electricity from the Bakun hydroelectric dam on Borneo island may not be transmitted to Peninsular Malaysia as planned, Hasni Harun, who will become MMC's group managing director on May 3, told reporters in Kuala Lumpur today.
"We need more power in the future, and since Bakun is not forthcoming here, this side of the region needs more power," said Hasni, chief executive officer of MMC's Malaysian operation. "We are hoping for the government to make a decision fast and invite all the independent power producers to submit a competitive bid to build additional capacity."
MMC's power unit, Malakoff Corp., may expand the 2,100- megawatt, coal-fired Tanjung Bin plant in the southern state of Johor by adding 800 megawatts, Hasni said. Malakoff owns six power stations with a capacity of 5,020 megawatts, equivalent to 25 percent of the generation capacity in Peninsular Malaysia, according to its 2009 annual report. In 2007, Malakoff was taken private by MMC.
Malaysia emerged from its first recession in a decade in the final quarter of 2009, spurring demand for energy. Electricity demand for the first six months ended Feb. 28 grew 8 percent from a year earlier, national power utility Tenaga Nasional Bhd. said on April 20.
Shares of MMC, controlled by businessman Syed Mokhtar Al- Bukhary, fell 0.8 percent to 2.44 ringgit as of 3:06 p.m. local time. They have gained 44 percent in the past 12 months.
"With power from Bakun not available for the peninsular, there is a risk that by 2015, the reserve margin will decline to below the 20 percent threshold," Hasni said.
The reserve margin is the capacity in excess of total national demand.
MMC said it expects "better earnings" this year after 2009 net income slid 57 percent to 236.71 million ringgit.
To contact the reporter on this story: Chan Tien Hin in Kuala Lumpur at
thchan@bloomberg.net
===
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Sent via BlackBerry from Maxis
MMC May Propose $1.2 Billion Power Plant Expansion (Update1)
April 29 (Bloomberg) -- MMC Corp., Malaysia's second- biggest electricity producer, may propose to the government a plan to spend as much as $1.2 billion to expand its Tanjung Bin coal-fired power plant to avert a potential supply shortage.
A power reserve shortfall may emerge as electricity from the Bakun hydroelectric dam on Borneo island may not be transmitted to Peninsular Malaysia as planned, Hasni Harun, who will become MMC's group managing director on May 3, told reporters in Kuala Lumpur today.
"We need more power in the future, and since Bakun is not forthcoming here, this side of the region needs more power," said Hasni, chief executive officer of MMC's Malaysian operation. "We are hoping for the government to make a decision fast and invite all the independent power producers to submit a competitive bid to build additional capacity."
MMC's power unit, Malakoff Corp., may expand the 2,100- megawatt, coal-fired Tanjung Bin plant in the southern state of Johor by adding 800 megawatts, Hasni said. Malakoff owns six power stations with a capacity of 5,020 megawatts, equivalent to 25 percent of the generation capacity in Peninsular Malaysia, according to its 2009 annual report. In 2007, Malakoff was taken private by MMC.
Malaysia emerged from its first recession in a decade in the final quarter of 2009, spurring demand for energy. Electricity demand for the first six months ended Feb. 28 grew 8 percent from a year earlier, national power utility Tenaga Nasional Bhd. said on April 20.
Shares of MMC, controlled by businessman Syed Mokhtar Al- Bukhary, fell 0.8 percent to 2.44 ringgit as of 3:06 p.m. local time. They have gained 44 percent in the past 12 months.
"With power from Bakun not available for the peninsular, there is a risk that by 2015, the reserve margin will decline to below the 20 percent threshold," Hasni said.
The reserve margin is the capacity in excess of total national demand.
MMC said it expects "better earnings" this year after 2009 net income slid 57 percent to 236.71 million ringgit.
To contact the reporter on this story: Chan Tien Hin in Kuala Lumpur at
thchan@bloomberg.net
===
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Sunday, May 9, 2010
Attachment
I've been staying home 4 one week. Tired of sitting in front of tv 24/7. Tomorrow m gonna start my attachment. I hv 2 go there by bus. Be4 this I was thinking of driving but its kinda expensive if I were 2 park my car in d building. So better take bus.n its been ages since d last time I took bus. Lol
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