IPOK `SITE

Malakoff buy the entire issued and paid-up IPME $ 113.4

noreply@blogger.com (Anonymous) — Sat, 12 May 2012 01:52:00 +0000

Corporation Bhd strengthen business portfolio energy when buying the entire share capital and issue IP Middle East Holding Company Ltd (IPME) from International Power Holdings Ltd. (IPR) in a transaction valued at U.S. $ 113.4 million (RM348 million). Purchase was made Malakoff also 51 percent owned subsidiary of the local engineering conglomerate MMC Corporation Bhd through wholly-owned subsidiary, Malakoff International Ltd.

IPME established on December 13, 2005 is an investment holding company.
Authorized share capital of the company is U.S. $ 100 million comprising 100 million ordinary shares of U.S. $ 1 per share, of which 56.26 million ordinary shares of U.S. $ 1 per share has been issued and fully paid.
MMC in a filing to Bursa Malaysia yesterday said the acquisition allows Malakoff International master 40 per cent equity interest indirectly in the Hidd Power Company BSC (c) Bahrain (HPC) through IPME with 57.1 per cent interest in the shares of Holding Company Ltd. ipsum Hidd. ipsum Hidd Holding Company owns 70 percent equity interest in HPC, MMC said in the statement . statement added, HPC is the owner and operator of the plant de salt water and power by using the model built, owned and operate "in Bahrain. "The acquisition is not any material impact on net assets per share and net income per share and the company's gearing level MMC for the year ended December 31, 2012. "None of any director and main shareholder of MMC or individuals associated with them have any interest, either directly or indirectly in the purchase," he said. Malakoff signed an agreement to buy 40 percent interest in the HPC at a ceremony in Bahrain, earlier this week. Purchase is the first solo overseas ventures by independent power producers (IPPs) of the local's largest. firm before acquiring interests in plant de salt water and power Shoaiba in Saudi Arabia dibentuknya through consortium with Tenaga Nasional Bhd (TNB) and Khazanah Nasional Berhad. Malakoff, which has the capacity to generate 5.020 megawatts (MW) in a country dominated 12 per cent stake in the factory Shoaiba. Purchase in Bahrain is part of a strategy to expand Malakoff overseas energy business portfolio. Besides Saudi Arabia, it also has operations in Algeria.

UMW sales target of over 400 units of the Lexus RX

noreply@blogger.com (Anonymous) — Thu, 10 May 2012 06:34:00 +0000

luxury vehicle business unit of UMW Toyota Motor Sdn Bhd (Malaysia LEXUS), aims to sell more Lexus RX 400 units this year with the introduction of improved versions of four sports utility vehicle (SUV), that is, RX270, RX350, RX350 and RX450h F SPORT. President of UMW Toyota Motor, Ismet Suki said crossover model in the large luxury SUV segment of the fourth generation, the second model after the Lexus GS Lexus using the neatness of the design philosophy 'L-Finesse' latest interpretation of the spindle featuring Grille.

All variants RX is open for booking starting May 2 and the RX270 is the price of RM359, 800, RX350 (RM399, 800), while the F SPORT RX350 and RX450h hybrid variants of their worth RM409, 800 and RM525, 000," he said at the launch of the upgraded version of the model, in Petaling Jaya, yesterday.
Ismet said that so far in April, Lexus RX record sales of nearly 1,100 units at the same time contribute 32 per
cent of total Lexus sales in the country since it was introduced in 2009. "This makes the Lexus RX as a model the most popular and best-selling SUV in the luxury SUV segment large in Malaysia with a market share of 35 percent, "he said. Meanwhile, the Lexus RX enhanced to meet the active lifestyle through a combination of sophistication and comfort in a luxury car with SUV driving excitement. Difference for the enhanced version is the use of spindle Grille or grating gelondong, which parts are used in the all-new Lexus GS, which was launched last March. In addition to spindle Grille, Lexus RX exterior is fitted with a new front bumper which gives a sporty feel, while the lights are equipped with LED Daytime Running Lights, thus adding the element style. Among other external change is in terms of design alloy wheels 19 inch rims for RX350 and RX450h comes with a group other than a redesigned rear lights make it more prominent on the road either at the time of day or night. The interior also features a steering new high-quality wood and leather, as well as equipped with remote control, Remote Controller Touch second generation Lexus that allows drivers to operate the various systems easily and safely.

American firms open operations in Malaysia

noreply@blogger.com (Anonymous) — Tue, 08 May 2012 06:49:00 +0000

BOSE Corporation, the audio world's leading based in the United States (U.S.), will open the assembly facility, distribution, and research and development (R & D) in Malaysia this year, the first facility in Asia Pacific.
Vice President Global Manufacturing and Supply Chain, Bryan Fontaine, said the new facility is scheduled to be operational mid next year it will produce and distribute products to Bose Asia Pacific markets, including Australia, China, India, Japan, United Arab Emirates, and ASEAN.
"The investment is for long-term involve various phases of development. "It will be built in an area of 9.2 hectares at Mile Friends, New York, adjacent to the second Penang bridge," he said at a news conference announcing the company's first investment in Asia Pacific in Kuala Lumpur , yesterday. present Chairman of Malaysian Industrial Development Authority (MIDA), Tan Sri Dr Sulaiman Mahbob: Vice president and General Counsel and Secretary of the Bose Corporation, Mark E Sullivan and Executive Vice President,
Herb Batchelder. Fontaine said following the company policy, he could not disclose the total investment for the development of such facilities, but argued that it capital-intensive large. In addition to being the center of the assembly and distribution, facilities latest later will include R & D center, he said. "In general, the facilities in Penang, it will issue three categories product, the consumer products such as loudspeakers, automotive parts, and equipment for use by professionals, "he said. In the meantime, Sullivan said, the choice of Malaysia as a hub for the Asia Pacific region attributed to four main factors. policy and trade agreements and the Malaysian government, he explained support the growth and stability, while the protection of intellectual property rights are protected. Malaysia also has a strong electronic product supply chain with sufficient skilled and highly qualified, as well as offering the best infrastructure and the effectiveness of transport links land, air and sea, he said.

U.S. confident of deal with the issue of unemployment

noreply@blogger.com (Anonymous) — Fri, 27 Apr 2012 01:08:00 +0000

U.S. Federal RESERVES (U.S.) yesterday said the economy will start to enjoy increased with a decrease in unemployment rate by the end of this year following the implementation of the current stimulus policies although there is still uncertainty in the short term.
By stating that 'it is too early to declare victory, chairman, Ben Bernanke said the positive outlook on the world's largest economy and at the same time realizing the increasing demand for stimulus spending.
After a two-day meeting, the U.S. central bank policy makers said they expect to keep interest rates near zero until the end of 2014. Bernanke, however, said any additional expenses for the current economic stimulus is something that is 'dangerous'. He felt that the U.S. economy this year was stronger than expected with a projected increase in employment opportunities. the central bank forecast that the unemployment rate will drop to between 7.8 to 8.0 percent by the end of this year. U.S. unemployment rate now is 8.2 percent, the lowest figure in three years, increasing positive expectations about the country's economic prospects. Federal Reserve expects economic growth could reach between 2.4 percent to 2.9 percent by the end of this year, higher than previous projections. Given this
situation, the Federal Reserve to keep short-term bond exchange policy on long term bonds measures that will ensure low interest rates, thus stimulating investment. However, Bernanke said he remained cautious with emphasis on finding new methods if the situation remained volatile. "We will not hesitate to use the method of additional support if economic need, "he said. He also warned that the debate on the escalating debt among members of U.S. Congress, may be among the causes of delay in economic recovery. At year end, automatic tax increase and expenditure reduction will be effective if Congress fails to take action. Bernanke warned that the matter will be a 'disaster'. Bernanke said, the scope of the problems now faced by lawmakers and the Federal Reserve is a limited ability to 'wash any broken plate. "With the large size of the fiscal gap, I think , there is no opportunity for the Federal Reserve to cushion the economy, "he said. In general, analysts and investors do not expect any new measures during the meeting that the Federal Reserve, although the central bank's view that recognizes recovery is now simple and decided not to take new measure of it, support the stock market from further depreciation. "signal is received by our Federal Reserve is not expected to purchase additional assets. However, the projected recovery in the labor market and economic growth, has boosted the market, "said the investor.

Microsoft post gains AS$5.11

noreply@blogger.com (Anonymous) — Sat, 21 Apr 2012 07:15:00 +0000

MICROSOFT record quarterly net profit reached U.S. $ 5.11 billion , driven by product launches wave of large-scale promising prospects for the company.
"We are developing exciting launch in the company and posted strong financial results.
"With the new launch of Windows 8 for PCs and tablet, the new Office version and a variety of products and services for enterprises and consumers, we will generate exceptional value to all our customers in the coming year," said chief executive Steve Ballmer. share price software giant jumped more than three per cent to U.S. $ 31.98 per share after the announcement of results that beat forecasts on Wall Street and recorded the highest revenue in the third quarter amounted to U.S. $ 17.41 billion. Profit Microsoft for the three months ended March 31 was slightly lower compared to U.S. $ 5.23 billion recorded in the period a year ago. program tailored for business sales and interest in hosted software as a service on the Internet "cloud" boost revenue even though the overall weakness in the consumer market and the demand for video game consoles, Xbox 360. Contribution from the device and the entertainment is reduced because of accessory voice control as well as the Xbox and Kinect, which fell 16 percent to U.S. $ 1.6 billion. Microsoft sees revenue EDD will grow in the current quarter. "We think the position and market strategy we are very good," said Chief Financial Officer, Peter Klein at a press conference to announce the results on-line financial company. Xbox video game will transcend to be a choice for movies and other entertainment content from the internet. Executive said that they were also encouraged by indications that high-powered laptops and thin on the latest Windows operating system sparked consumer demand. "We continue to implement the best for the whole of our business, and we see strong demand for industrial products and services, "said Microsoft Chief Operating Officer Kevin Turner. "Investment and our offerings in the database platform and public, private and hybrid cloud to help customers we change their operations to meet today's business is constantly changing.

MAS canceled plans

noreply@blogger.com (Anonymous) — Wed, 04 Apr 2012 01:22:00 +0000

AVIATION Malaysia Airlines (MAS) to cancel plans to set up a subsidiary company of regional short-haul premium flights and instead will offer the service through a new department. Chief Operating Officer Short Range MAS / Firefly, Ignatius Ong, said the decision was made following the re-done some adjustments to the business module MAS for the initiative of regional airlines.

The strategy and operational objectives for the premium short-haul services remained unchanged, but there will be no new airline. "Operation (for services) will be placed under the MAS," he told reporters after the fifth anniversary of Firefly at Subang, Selangor yesterday. Ong, however, can not reveal detailed information on the matter because he said it would be announced by top management of MAS soon. establishment of premium short-haul airline announced new CEO of MAS management, Ahmad Jauhari Yahya, when presenting the company's business recovery plan The national carrier late last year. Service will use the full range of new aircraft Boeing 737-800 is targeted to meet the needs of luxury travelers. on an expansion plan of operation for Firefly, Ong said the airline community this year will add two or three new destinations and the frequency of flights to existing destinations. He said, in tandem with the expansion, the community airline also plans to increase the number of aircraft. Currently Firefly operates 12 turboprop aircraft types that provide services to 24 destinations in the country and the region. It recently launched a service for two new routes, namely Kota Bharu, Johor Bahru and Kuala-Hatyai. Ong said, however, the path-Hatyai Subang, Firefly had to stop for a while following the bombing case in the city in Thailand last week, and will restart after the government disclosed that it is a safe destination to visit. In the meantime, in conjunction with the fifth anniversary of the community airline, is offering a low-cost start from RM55 for one way flight for a few selected routes. route from Subang, which include Penang-Subang Kota Bharu: Subang-Langkawi: Subang-Kuala Lumpur and Subang-Alor Setar. Reservations can be made starting today until 8 April 2012 for flights from 23 April until 27 October next. Firefly is also working with Big Apple Donuts & Coffee for offering its customers discounts of up to 50 percent for the purchase of donuts with juice or Americano coffee drink at the restaurant branch in Subang Parade shopping center or Subang Airport until 7 April.

3 new application Google Maps

noreply@blogger.com (Anonymous) — Fri, 30 Mar 2012 06:43:00 +0000

GOOGLE Malaysia introduced three major additions to Google Maps that allows users in the country better plan their journey and obtain current information. Addition involves two new layers, 'Traffic' and 'Transit', and interfaces in Malaysia language.

Google Country Manager Malaysia Sajith Sivanandan said, by opening the layer 'Traffic' in Maps, users can see immediately whether the crowded road or track based on color codes.

Red for traffic congestion, slow-moving yellow and green for smooth flow. "new layer makes it easier for drivers to plan an alternative route to their destination," he said at a media briefing in Kuala Lumpur yesterday. 'Transit' provides information about travel on the Malaysia public transport system on Google Maps. It also offers a better choice for Malaysians who want to avoid traffic jams and go to the city by using public transport. Sajith said, the data for 'Traffic' and 'Transit' is obtained from various sources, including, government transportation departments and private data providers. In the meantime, Google Maps is now available in Malaysia language. version of
Google Maps in Malaysia that have long been waiting for it to give users the option to navigate and interface with Google Maps, using the language they most comfortable. "This new addition is in line with Google's mission to organize the world's information and make it universally useful and accessible, as well as to strengthen, improve and localize products and services.

Daihatsu factory built

noreply@blogger.com (Anonymous) — Thu, 08 Mar 2012 06:52:00 +0000

DAIHATSU Motor Co Ltd will start with the factory remote control Electronic Automatic Transmission (EAT) is the first in Southeast Asia, worth RM220 million in Bandar Baru Sendayan, Punjab, in the middle of this month.
It would make the country as a hub for regional production of automotive components for Japan's oldest vehicle manufacturer, which also is a major shareholder and technology partner and the Second Automobile Industry Technical Services Sdn Bhd (Perodua).
Plant construction is implemented through the Akashi-Kikai Industry (M) Sdn Bhd in an area of 11 hectares purchased from the Corporation of the Minister General (MBI) and BSS Development Sdn Bhd (BSS), is expected to be completed in December. Akashi-Kikai Industry Malaysia is joint venture company with equity of 51 per cent by the Akashi-Kikai Industry; Daihatsu (39 percent) and TOYOTA (10 percent). Commenting on the developments, Chief Minister of Punjab, Datuk Seri Mohamad Hasan, said the plant will produce 150,000 units a year EAT in particular for the production PERODUA Myvi and Alza. "With this plant, I hope more companies from Japan come to invest here, making the City of New Sendayan as major investment center," he said after the sale and purchase agreement entered into between MBI and BSS with Akashi-Kikai in Seremban yesterday. At the event, MBI was represented by State Secretary Datuk Mat Ali Hassan, while BSS was represented by its managing director Datuk Lee Tian Hock and Akashi-Kikai by the president, Noriyoshi Matsushita. present, the MBI executive Datuk Mohamad Amin Haslah; Chief Executive Officer of DMC, Tatsumi Takahide; Perodua managing director Datuk Aminar Rashid Salleh and Managing Director of Akashi-Kikai, Hideki Nomura. Mohamad said the factory will be operational later this year will provide at least 200 new employment opportunities to local residents. In the meantime, Matsushita said he chose Negeri Sembilan as an investment destination in Southeast Asia first because the infrastructure is attractive and also the plant is near the highway and the airport. "For now, this component only for the domestic market but we would consider to market overseas.

Samsung launches Galaxy Tab March 2

noreply@blogger.com (Anonymous) — Sat, 18 Feb 2012 06:40:00 +0000

SAMSUNG Galaxy Tab 2 will launch its latest seven-inch screen size, the first tablet featuring Android 4.0 operating system from Google in conjunction with the Ice Cream Mobile World Congress (MWC) in the future. compact device (pictured) has a dual-core processing development 1GHz , WSVGA display (1024x600p) seven-inch, 3MP rear camera and front VGA camera.

Samsung also includes feature Suggest S applications, mobile communications services ChatON, open identification system, a wireless content with AllShare Play and access to more than 400,000 applications via the Google Android market.
"Two years ago, Samsung Galaxy Tab started to offer more possibilities on the next launch. Since then, Samsung is actively increasing the range of the tablet with a few other tablets in different sizes, "said the President of the Information Technology Division Samsung Electronics Mobile Communications. Samsung is not expected to hold a news conference at MWC this year's conference, but the company has to ensure that it will be displaying several new products in the showroom. Other companies, including LG, HTC, Nokia, Huawei and Acer is said to be making major announcements at the event this year. The event is expected to witness the launch of the tablet and high-powered smartphone, the more devices using the Android 4.0 Ice Cream Sandwich and mobile devices are much thinner. Samsung does not provide the official price for the tablet Galaxy Tab 2 (7.0), however, Samsung Hub will report the version of WiFi priced at around £ 349 (RM1, 400) while the 3G version at £ 429 (RM2, 400). The Galaxy Tab 2 (7.0) will be launched first in the United Kingdom before it was marketed to the global market in March.

4 Yahoo board of directors resigned

noreply@blogger.com (Anonymous) — Thu, 09 Feb 2012 06:46:00 +0000

YAHOO! announced the withdrawal of some members of its Board of Directors to make way for the restoration of the Internet company, who is now working to recover market share and confidence from investors. chairman, Roy Bostock announced he and three other directors who long served the company will put the office in the company , to make way for new executive director, Scott Thompson.

Yahoo! previously working hard to change her appearance than just search the internet to 'major digital media company, after affected by the emergence of Google.
Announcement of the withdrawal of some members of the Board of Directors was a week after Jerry Yang, Yahoo! co-founder of the 17 years ago, put all the positions in the California-based company. Yang, 43, one is the first dotcom billionaire, once the Board of Yahoo!; Yahoo ! Japan and Alibaba Group Holding Ltd.. the Yahoo! Chief Executive from June 2007 until January 2009, and in that period he and Bostock rejected Microsoft bid to buy the company, which raised the anger among shareholders. Bostock and Yang has become anger target shareholders to cause the stock price dropped nearly half of the Yahoo! price when the company's leaders reject Microsoft's acquisition offer. the reins handed to a former executive of Autodesk, Carol Bartz where efforts to revive the company to a halt when he was sacked September ago by the Board, which he deemed to be 'stupid' after removed. Bostock said he had decided not to re-election in the next shareholders' meeting, along with three other Board members that Vyomesh Joshi, Arthur Kern and Gary Wilson. He said, Board of Directors has appointed two independent directors: former President and CEO of Rovi Corp., Alfred Amoroso and former Chief Operating Officer of eBay, Maynard Webb. Bostock said the strategic review on Yahoo! has achieved "significant progress" that has included various discussions with potential partners. "We have met with potential investors and examine proposals on equity investments in companies, although at present there is no such proposal which is deemed by the committee as something that is attractive to our shareholders," he said. Bostock, through his letter to shareholders, said Yahoo! is in 'active discussions' with Asian partners in the restructuring of its parent company, Alibaba Group and Yahoo! Japan. "While we continue to focus on an important source for this discussion, we are not in a position to provide any further details or provide assurance that any transaction will be accomplished transactions at this time, "he said.

Mark Zuckerberg 'hackers'

noreply@blogger.com (Anonymous) — Tue, 07 Feb 2012 09:21:00 +0000

MILLIONAIRE and chief executive of the leading social networking site, Facebook, Mark Zuckerberg himself as a 'hacker.' For ordinary people, the word has a meaning evil, hear the criminals who steal personal voice or identity of the villain without crippling the website and email account break-in.

For Facecook, hackers have different purposes. It is the value embedded in the culture of the company. It describes the testing of new ideas even if doomed to failure and to promote new products rapidly even if not perfect. approach that hackers make up as a world's most valuable Internet company. Zuckerberg explains, hackers believe that all things can get better and nothing is completed. "They just need to fix even more so when dealing with people who always say that it is impossible or agree with the status quo," he said. Zuckerberg said this in 479 words essay entitled 'The Hacker Way 'the inclusion as part of company documents filed with the government officials to plan an initial public offering (IPO) of the operator of social networking site is. company aims to collect U.S. $ 5 billion from the IPO, which will put the value up to U.S. $ 100 billion. Youth aged 27 years who has an interest of U.S. $ 28.4 billion in the deal with 'H-word' 12 times in the essay, the words 'shareholder' is only used once. If he is aware of investor concerns by excluding the reference in the manifesto IPO, may he could easily described Facebook as "nimble" or "agile." Symbolically, it does not bode well for Facebook and investors, "said Associate Professor of Criminal Law at Drexel University, Robert D'Olivio who studied computer crime. "I think it shows that no part of his maturity. He should be more aware, "he said. By using the words, Zuckerberg also seen as trying to get recognition. him, Steve Jobs and the founders of many major technology companies are also hackers. "The word 'hacker' has a bad impression portrayed in the media as the impinging on the computer, "said Zuckerberg. "In reality, hacking just means building something quickly or consisted of a thing to be done," he said. To be fair, its meaning has become complex. Destroy an evil hacker with malicious intent. They invaded voice of victims of crime and celebrities to find the hot new story. They invade the security system to steal credit card data. This week alone, the Anonymous group hacked into the web of law enforcement around the world and get access to government intelligence and other sensitive information. Hackers are sometimes good to do godaman. But they do so in the name of innovation. They call themselves hackers' white hat 'to fight criminals godaman' black hat. " Usually, they are hired to expose the weakness in large companies. Kevin Mitnick, who was convicted and jailed in the 1990s as computer hacking, is now working as a consultant safety. It is totally different from life before which he spent many years of stealing secrets from the world's great companies. "I break into a computer to find the weaknesses before the bad guys do," he said. For Mitnick, "Hacker Way 'referred to Zuckerberg is about finding smart ways to overcome the problem. It also means identifying new uses for old things. Nathan Hamblen, who served with the Meetup.com website said it best godaman is among those who do something unexpectedly, a surprise to no others think about it. The word "sledge hammer" goes back a half century ago, when computer scientists at the Massachusetts Institute of Technology to adapt the phone system and computers. "MIT is Mesopotamia godaman activities. It is the place where the culture of hacking started, "said the author of Hackers: Heroes of the Computer Revolution, published in 1984, Steven Levy. small hacker community during the late 50's and 60's measure with one another through creative and technical abilities them and to use the title as an honor, more or less similar to what Zuckerberg is now. "They are doing things that should not be done on computers," he said. Some among those who do it as fun. In 1970, prior to establishing Apple, Steve Jobs and Steve Wozniak found his way invade the telephone system to make free calls. In one trial, both the Vatican only Steve was calling to see who will pick up the phone. "Wozniak pretend to be Henry Kissingger who want to speak with the pope. "We are at a conference in Moscow and we need to talk to him," mimicked the Woz. He informed that during the hours 5:30 am and the pope was still sleeping, "Walter Isaacson writes in his latest biography on Jobs. Godaman only beginning to be something bad about the 80's and 90's. Some are blaming Robert Morris, a student of computer science who discovered the weakness of internal travel internet and release virus 'worms' first computer in 1988. "He caused the Internet to blenders," said D'Olivio. Morris was the first person prosecuted under the act of fraud and approved federal computer abuse two years earlier. Films like 'War Games' in 1983 also increased public concern about godaman. In the film, a hacker is the next trigger world war, by thinking it is just a computer game. "It happened because Hollywood and because no other word out there, "said Andrew Howard, 28, a scientist at the Georgia Tech Research Institute. Year 80's and 90's also is the time where the use of computers began to grow. However it is still a mystery to most people. They think, "how it works? Is there anyone who will pass through? " Manifesto 'hacker' is a manifesto for Levy Zuckerberg, who composed "The Hacker Ethic 'in his book about the culture. The principle is, 'the hacker should be evaluated by their godaman work' and 'always emphasized the practical approach. ' practical approach is important to Facebook. Zuckerberg still spend hours writing computer code, even though he already has hundreds of engineers. How social networking site, Zuckerberg helped develop. When MySpace stopped innovating, Facebook users migrate to a more clean, simple and always changing. It causes News Corp to sell MySpace at U.S. $ 35 million last June. In the meantime, Facebook users rose sharply to 845 million even though the website is experiencing change and do the redesign of the safety regulations new. Zuckerberg and others may be possible to clean up the word. Meetup Hamblen believe that it has already happened. "People are not afraid of technology, which is the cause of the fear of hackers," he said. "When people can adapt to technology, godaman will be a way of looking at something and using it wisely.

European economic crisis lesion growth rate in China

noreply@blogger.com (Anonymous) — Tue, 07 Feb 2012 09:16:00 +0000

IMPAIRMENT European economy can dramatically reduce the nearly half the growth rate in China, said the International Monetary Fund (IMF) yesterday, adding to the warning about the possibility of a severe global downturn this year. IMF said Beijing should be prepared to implement the multi-billion dollar stimulus package to stem the deterioration the second largest economy in the world.

The world body forecast 8.2 percent growth this year to China, but said it was likely to be reduced to four per cent if the European crisis led to a decrease in credit and large production.
"Global recovery threatened by uncertainty in the euro area and elsewhere," he said. "If the decline scenario becomes a reality, China should react with a large fiscal package, which is implemented through local and central government budgets," he added. China recovered faster than the global crisis in 2008 and its economy grew strongly at a rate of 9.2 percent last year, but growth rates slowed when Beijing tightened credit and reduced investment activity. leaders of China to respond to falling global demand with the promise of bank loans and other assistance to help entrepreneurs . Government of that country warned last month that it faced the complexities and challenges of global uncertainties. World Bank last month told the China and other developing countries to be prepared with a recalled the global downturn is worse than the economic crisis of 2008. IMF said the global downturn scenario recalled will see more serious loss for the bank from lending to private sector and sovereign debt, the contraction in investment and a slowdown in global economic activity. the world body said the stimulus package equivalent to about three per cent of China's Gross Domestic Product for 2012 - 13 will limit the decline in China's economic growth to about one percentage point. It will involve about 460 billion yuan (U.S. $ 75 billion). Bank of China may be protected by barriers that close the financial system of global capital flows, according to IMF. But he said the sharp decline in Western stock markets may affect trade credit. The Hong Kong government last week announced it will spend 80 billion Hong Kong dollars (U.S. $ 10.3 billion) this year for the stimulus measures.

Indonesian plantation companies merge

noreply@blogger.com (Anonymous) — Sat, 04 Feb 2012 15:53:00 +0000

GOVERNMENT Indonesia plans to create palm oil and rubber companies of the world's largest by March this by combining state plantation companies with total assets of U.S. $ 5.6 billion (RM16.91 billion), government ministers said yesterday.
Plans to list the company will attract investors to the country that recently received ratings of 'investment grade' and create a new competition to the leading regional plantation companies such as Sime Darby in Malaysia and Wilmar (Singapore).
The government will combine the assets of 15 state companies, who earn around 40 trillion rupiah (RM13.47 billion) last year, under a holding company PT Nusantara III Gardening. "Consolidation would be putting it among the world's largest plantation company with the number of farms reached million hectares of oil palm and rubber, "said Minister of State Enterprises, Dahlan Iskandar in an interview Jakarta, yesterday. State which has 17,000 islands is the world's largest exporter of palm oil; robusta coffee producer and second largest and third largest cocoa producer. Company the issue of all these commodities, including tea, rice, tapioca and sugar. Analysts said the merger would produce impact on the economy but will not dramatically impact the supply of commodities. "They have been producing the commodity before. It is not a new supply entering the market. This is only a rationalization of government-related assets, "said analysts at OCBC Bank Singapore, Carey Wong. merger of plantation companies last done in 2008 when the Malaysian government combines three plantation companies linked to form Sime Darby, which is considered the largest plantation company in terms of assets . Indonesian plantation companies will combine to produce up to 500,000 tons of surplus rice from the new rice cultivation area of 100,000 hectares in East Kalimantan on Borneo island, Iskandar said, without giving a timeframe for the production. Indonesia, the fourth largest country in population in world, is trying to be independent in terms of basic food production. However, it surprised the market last year with a region large-scale importation from Thailand and Vietnam to increase rice production can help to not import this year. "I expect Indonesia can produce additional rice of 280.000 to 300.000 tons of new planting area of 100,000 hectares, "said Chookiat Ophaswongse, Honorary President of the Thai Rice Exporters Association. plantation companies this year are prohibited from expanding their acreage to forest areas such as Borneo, Indonesia through a two-year moratorium on the clearing new forest and land acquisition. It is seen as troublesome to the country which is famous for the red tape. Indonesia last December approved the draft land law which aims to accelerate the acquisition of land for public interest, particularly for state projects and the law will allow new companies to acquire access to land to produce rice.

275 more Airbus until 2026

noreply@blogger.com (Anonymous) — Fri, 03 Feb 2012 08:04:00 +0000

AIRASIA Bhd has received the remaining 275 Airbus A320 ordered in the next 14 years will come as part of expansion plans and aircraft operations.
Group Chief Executive, Tan Sri Tony Fernandes, said it involved 200 Airbus A320 Neo and 75 Airbus A320 aircraft.

He said the plane was part of the 375 planes worth U.S. $ 25 billion (RM75.4 billion), which ordered the airline's Airbus A320 with 200 Neo of U.S. $ 18 billion (RM54.3 billion), while 175 Airbus A320 is U.S. $ 7 billion (RM21 .1 billion). "So far, AirAsia received 100 aircraft, while another 275 received by 2026," he said at a press conference after the arrival of the Airbus A320-100 belonging to the group in the Low Cost Carrier Terminal (LCCT), Sepang yesterday. Also present, AirAsia chairman Datuk Aziz Bakar, Deputy Group Chief Executive, Datuk Kamarudin Meranun; AirAsia X CEO, Azran Osman-Rani and AirAsia Regional Head of Commercial, Kathleen Tan. Airbus A320 CFM Neo with LEAP-X engine can reduce fuel up to 16 per cent as well through the installation of modified wings, known as Sharklets. With an increase in aircraft, Fernandes said AirAsia and AirAsia X will increase the frequency of its flights to major destinations in addition to adding several new routes. "Right now, we will fly to Lombok, Indonesia and towards adding new routes in China. So far, we identified three destinations including Xiamen, "he said. In the meantime, Tony said AirAsia will use Airbus A320 aircraft in full for the operations in Indonesia by the end of the first quarter of this year. He said it in line with the company to operate on A320 in all domestic and regional routes, including Indonesia and Thailand. "With aircraft A320-100 to this, making it the largest Airbus operator of AirAsia in South-East Asia. It comes after we face many challenges, but increase our commitment to invest in new aircraft for the convenience of customers, "he said. He said the Airbus-100's to operate from Kuala Lumpur to Macau as well as provide some other way to Jakarta, Singapore, Hong Kong , Indonesia and other destinations throughout China. From 100 AirAsia's Airbus A320 aircraft, 58 are used in four hubs in Malaysia, 22 based on three hubs in Thailand, 18 operations in five hubs across Indonesia and two in Clark, Philippines. In the meantime, as celebrate the 100th A320, AirAsia offer promotions as low as RM30 one-way tickets to selected destinations. Destinations including services to Penang, Langkawi, Kuala Lumpur, Guilin, Hong Kong, Macau, Guangzhou, Shenzhen, Clark, Hanoi, Hatyai and Bali. At the same time AirAsia X offering fares as low as RM250 to Australia and Japan, from RM200 to China, from RM280 to Korea and Taiwan and as low as RM550 to New Zealand. Booking starts today.

Sime Darby to take over the Indonesia

noreply@blogger.com (Anonymous) — Thu, 26 Jan 2012 14:49:00 +0000

SIME Darby Bhd will significantly expand its involvement in rubber plantations to capitalize on global demand for commodities following the steps to take over a company of Indonesia is in the process of obtaining the right to develop 10,000 hectares of rubber plantations in the republic.

In an announcement to Bursa Malaysia yesterday, the company's largest listed oil palm plantation world, said indirect wholly-owned subsidiary in Indonesia, PT Minamas Glory to submit a proposal to buy 95 percent stake in PT Indo Makmur Sustainable Success at U.S. $ 4,356 million (RM13.52 million ).

He said that under a conditional share purchase agreement, the PT Minamas will purchase 1,000,000 ordinary shares of 3.800 rupiah each in PT Indo Success of the SLT Capital Pte Ltd (3.500 shares) and PT Entete Mining (300 shares). PT Indo established Success on 23 April 2008 is a company engaged in forestry activities, including the development of rubber plantations and cultivation. The company is currently in the process of applying for licenses to business activities of rubber (IUPHHK License) from the Ministry of Forestry of Indonesia (MOF). With the license, it allows the company obtain concession rights to develop 10,000 hectares of rubber plantations in the rubber industry, located in East Belitung, South Maluku, Indonesia. "IUPHHK Licence is only a matter of the review undertaken WA Product Development Director of Forestry of Indonesia," said Sime Darby. States said, the proposed acquisition is expected to be completed within two months from the date of execution of the agreement, which began on 21 January. Meanwhile, Sime Darby spokesman, when contacted in Kuala Lumpur yesterday, said the acquisition of the Indonesian company would allow conglomerates to increase its total area of rubber plantations to more than 18,000 hectares.

Peer leadership Axiata new segment

noreply@blogger.com (Anonymous) — Sat, 14 Jan 2012 07:09:00 +0000

AXIATA Group Bhd is looking to acquire more business in a segment other than mobile telecommunications services abroad this year as part of efforts to increase sources of income. President and Chief Executive Officer, Datuk Seri Jamaludin Ibrahim said the group more aggressively explore opportunities in many areas that potentially increase their income base, especially those involving non-core segments for this the mobile telecommunications.

"When told the plan of acquisition of other businesses, it is still associated with mobile services performed for this group.
"We look for opportunities in the areas of content, entertainment, electronic payment and electronic commerce," he said after the launch of the Youth Talent Development Program Axiata in Kuala Lumpur yesterday. The launch completed the Deputy Prime Minister and Minister of Education, Tan Sri Muhyiddin Yassin and Chairman Axiata , Tan Sri Azman Mokhtar. Jamaludin said, despite having a plan to strengthen its business in other segments of the mobile but, strictly speaking, relative contributions from the business to the group is small. Axiata also, he has yet to identify the market and other companies in the mobile segment the potential to be acquired this year. "We can not disclose the details yet, for now. The plan is still in its infancy, "he said. He added, Axiata is expected to provide capital expenditure amounted to RM4.2 billion this year, almost the same as last year which will be used to further strengthen the business base. "We will announce further plans business group this year at the end of next month. Currently, we are still in the account update and announced financial results and key performance indicators (KPI) group at the end of February, "he said.

China and India leads global sales of gadgets

noreply@blogger.com (Anonymous) — Tue, 10 Jan 2012 07:16:00 +0000

Developing countries like China and India will be the main driver of sales of consumer electronic products globally to over U.S. $ 1 trillion for the first time in history, even though the user United States (U.S.) and Europe West to reduce spending for high-tech equipment, according to industry analysts.
Developing countries is expected to contribute 46 percent of global gadgets in 2012 sales, up from 37 percent four years ago, according to GfK Boutique Research and Consumer Electronics Association.
The group presented their predictions before the Fair Consumer Electronics International, which began today in Las Vegas. The group expects sales of electronic products globally in 2012 amounted to U.S. $ 1,038 trillion, up five percent from a year ago. Consumers in China and other countries, developing Asia , Latin America and central and eastern Europe favored high-tech products due to rising living standards towards the middle-class lifestyle. In the meantime, sales of gadgets in the U.S., Japan and Western Europe does not change due to the failure of increasing its market share in consumer spending. In another development, NPD Group on Sunday and said, sales of consumer electronics in the U.S. fell 5.9 percent during the holiday season and, because smartphones take over the sales of personal gadgets like cameras, video recorders and Directions Determinants System (GPS). The firm said that retail sales record, selling electronic products phone except the U.S. $ 9.5 billion over five weeks ended Dec. 24. Sales of video recorder plunge up to 43 percent, and sales of digital picture frames fell 38 percent. GPS unit declined 33 percent. Sales of personal computers and televisions fell only 4 percent, boosted by sales of televisions larger than 50 inches (127 centimeters). biggest U.S. electronics retailer, Best Buy Co. said sales in December largely due to weak traffic. Sales at stores open a year fell 1.2 percent during the month. However, sales of smart phones, tablet computers and e-readers (e-readers) are still strong. CEA and GfK expect smart phones and tablets will also be the hottest products on the global market, in addition to other equipment. "We will see many categories products will begin to slow, "said Steve Bambridge, Research Director at GfK United Kingdom.

The U.S. economy is recovering

noreply@blogger.com (Anonymous) — Mon, 09 Jan 2012 14:20:00 +0000

MARKET Malaysia's most important exports of developed countries, the United States (U.S.), is a sign that the economy is recovering and stable.
Economists said the most obvious signs that can stabilize the economic recovery process is a report that his new job data show the country's unemployment rate now at its lowest level for three years, when about 200,000 job seekers managed to secure employment.
This contrasts with the country's unemployment rate was a high level for three years now so there's economists expect the country will fall into a worse recession. Given these developments, it is thus raising a sign that the country's consumer spending is increasing. Office Malaysia External Trade Development Corporation (MATRADE) in the U.S., also monitor relevant developments, particularly unemployment, which remains high despite the recession technically ended in the summer visits in 2009. According to the U.S. Labor Bureau office, more than 200,000 workers were employed by the company in the country last December, thereby lowering the unemployment rate to 8.7 percent in November to 8.5 percent in December. The rate of increase employability in December 2011 shocked many. an economist at HSBC New York, said Kevin Logan, reports the Bureau of Energy The U.S. work shows many companies are pursuing the target of production in 2011 in that it requires a large workforce. Nevertheless, MATRADE's office in the U.S. takes the attitude of 'wait and see' on the current developments. Recent developments also indicate that more people The U.S. will move into new homes and increased demand for many steel products to the construction materials and electronic and electrical parts and components and other products, like cars, which will increase demand for automotive parts and components. Some trade show in The U.S., which is a measure of the respective industry, also showed signs of improvement in terms of bookings for the last quarter of 2011, thus giving a clear picture that the economy is recovering. Even so, the Malaysian government representatives in the U.S., Malaysia must strive to recognize that hard and positioned itself as a major supplier of diverse products which have traditionally been more sold, in the U.S. market. "We can not sit back but need to work hard to sell our products," said Malaysian Consulate General in New York, Syed Mohamed Bakri Syed Abdul Rahman said. However, the lack of confidence in the development, warned him not 'too will expect quick recovery in the U.S. labor market. Some claim the existence of the request because it seasonal, ie before and during the Christmas season, particularly in the retail sector, which New employees will immediately remove the festive season is over. They reminded that although the economy has created about 1.64 million workers, but it is still less than one-fifth of the jobs being removed during a recession before. The Bank of New York Federal Ben Bernanke is also a close friend, Bill Dudley said, the next step should be taken to help the U.S. economy because unemployment 'is still too high'. On the whole, it is still too early to say the increased current flow either as a strong beginning or the beginning a less than perfect.

Electric motorcycles for sale next month

noreply@blogger.com (Anonymous) — Mon, 02 Jan 2012 13:51:00 +0000

MOTORCYCLE Eclimo electrical products Co., Ltd. (Eclimo) based in Penang will be in the local market at the end of next month, before entering the European market in June 2012.
The first model motorcycle brand of scooters Eclimo is ES11 with 125 cc capacity and driven using lithium ion batteries.
Executive Chairman, Datuk Dennis Chuah said the company aims to sell up to 20,000 units next year the share of four per cent of the local motorcycle market. Accordingly, the company is working with the Malay Chamber of Commerce Malaysia (DPMM) to form an entrepreneurship program for motorcycle dealers brand Eclimo . Through the collaboration, the company appoints Nexus Technopreneur Sdn Bhd as the 'Primary Dealers' Eclimo. The company will also develop and DPMM 10 Bumiputera retailers that will sell, provide services and accessories for motorcycle owners Eclimo next year. "With the implementation of this program We believe that every retailer will have at least RM800, 000 per annum and this will give a new ray of electricity in the automotive industry, "he said. He was speaking after the signing ceremony of appointment Technopreneur Nexus Sdn Bhd as the 'Main Dealer' Eclimo, as witnessed by the Minister Prime Minister's Department Tan Sri Nor Mohamed Yakcop in Georgetown, recently. At the ceremony, Eclimo and Technopreneur Nexus Sdn Bhd, represented by their managing director, Pang Chung Liew and Amilka Nazim. Eclimo Model ES 11 may be charged full within a period of three and a half hours with the distance traveled as far as 100 miles. Maximum speed of a scooter is equipped with lithium ion battery is 100 kilometers per hour. To alleviate buyers, Eclimo cooperate with Hong Leong and MasterCard International to provide easy payment scheme. Buyers only need to pay advance installments of RM100 and RM199 a month for 60 months. Eclimo also offers a five-year warranty for parts and labor costs and free service four times a year during the guarantee period. Dennis said, ES11 models will be released at the factory in Penang, but if demand reached 40,000 units, he will work with Naza Group to install in Shah Alam, Selangor. On the international market, he said, scooters will also be exported to Italy and Japan. "For a start, we will export a few thousand units to Italy middle of next year, "he said. Eclimo established in June 2008 is the local companies are involved in research and development (R & D) environment-friendly power technology, especially for the transport sector.

Promotion of e-payment for the transfer of funds intensified

noreply@blogger.com (Anonymous) — Thu, 22 Dec 2011 03:23:00 +0000

E-Payment will be promoted as a medium of transaction in the economy as well as appropriately, safely and profitably in terms of cost, for the transfer of funds. Bank Negara Malaysia's Financial Sector Plan 2011-2020 report, said the growth in e-payment is very encouraging, with growth significant in the overall method.
The use of e-payment per capita has doubled, from 22 in 2005 to 44 in 2010, with the huge growth in the use of debit cards, which rose by 8.2 times, Internet Banking by 6.3 times and the Interbank GIRO by 4.5 times.
"Within the next 10 years, the Bank aims to increase the number of e-payment transactions per capita to 200 by the end of 2020, compared to 44 transactions in 2010 and reduced by more than half of the check transactions from 207 million to 100 million a year," he said. The central bank said the measures would be implemented to encourage the shift from paper payments to electronic payments and access to wider infrastructure, such as point of sale terminals and mobile banking. "Bank Negara will continue to provide the necessary regulatory environment to drive the migration to e-payment, increase efficiency, including initiatives that will drive cost savings for the country as a whole and contribute to the stability of payment systems. "benefits transfer to e-payments is not only limited to financial efficiency gains, but also promote user-friendly environment," he said . In addition to promoting e-payments, a more comprehensive approach to consumer protection and education will also be introduced in an effort to promote a culture of shared responsibility between consumers and financial service providers. "This includes the laws of the new consumer credit and financial literacy programs targeting, "he said. Central Bank will also ensure a skilled pool of talent to handle the new landscape problems through collaboration and coordination with parties beyond the financial sector. "In this regard, the Council of Financial Services Talent will be established to drive the agenda of talent development and monitoring of the financial sector and coordinate efforts for the development of talent in the financial sector.

Daihatsu is committed to help perodua

noreply@blogger.com (Anonymous) — Fri, 02 Dec 2011 13:00:00 +0000

Daihatsu Motor Co. Ltd. said it will continue to provide support in terms of providing the latest technology to the Second Automobile Industries Sdn Bhd (Perodua) to allow business partners is to maintain its position as a leading compact car segment in Malaysia.

Japan's top manufacturers to assure that it will assist in the development of new models of TOYOTA and develop the technology vendors.
President Koichi Ina said the company was looking at Malaysia as a strategic market to expand its market exploration. He said the overwhelming response to the Myvi 1.5 SE, which was launched last June PERODUA is evidence of the potential for compact cars in Malaysia. He said the Myvi sales of about 10,000 units per month highlight that the vehicle offered meets NISSAN public taste and ability. "We want to ensure TOYOTA Toyota Japan continued to be the number one producer of compact cars in Malaysia," he told reporters at the Automotive Exhibition in Tokyo, at Tokyo Big Sight, Tokyo, yesterday. 42 edition of the exhibition brought together 179 vehicles from 12 manufacturers brand. Eight major Japanese vehicle manufacturers, including Toyota showcase their latest products. Although the Japanese automotive industry is still feeling the effects of the tsunami, but the commitment to compete with other European manufacturers still high. Most Japanese manufacturers showcase high-tech vehicles and environmentally friendly. Daihatsu such as displaying four and eight-car concept car which is now in production. This includes Mira e: S, environmentally friendly vehicles recorded journey of up to 30 kilometers per liter of petrol only. Model was well received. in Japan and 50,000 are in the book. Technologies for models launched in Japan Sept. 26 will be applied in stages in the development of PERODUA cars in the near future, especially for models in the segment A.

Samsung Target sold 2 million Galaxy Note

noreply@blogger.com (Anonymous) — Tue, 29 Nov 2011 07:35:00 +0000

SAMSUNG Electronics is targeting to sell two million units through the launch of a new Note Galaxy domestically latest Android-powered devices Galaxy on Tuesday. The Company is based in South Korea did not set any timeframe for a new Note Galaxy sales projections that are currently available in some countries.

Note the screen 5.3 inches (13.5 centimeters) is the model equivalent to a major Android device Samsung smartphone Galaxy and the Galaxy Tab.
Introduction of the model comes with a screen larger than a smart phone and smaller than the tablet proves that the company aimed to become a market leader model combines both smartphones and tablet functions. Samsung said, the model is merged into the smartphone mobile devices with used on a large screen tablet. "Galaxy Note is a revolution which opens a new category of products in the market," said its mobile communications business chief, JK Shin said in a statement in Seoul yesterday. The company has also launched the Galaxy Nexus is the first smartphone powered by the system Latest from Google's Android operating called 'Ice Cream Sandwich.

Google Malaysia drag 50.000 SMEs

noreply@blogger.com (Anonymous) — Wed, 23 Nov 2011 13:32:00 +0000

GOOGLE Malaysia aims to attract up to 50,000 small and medium enterprises (SMEs) to develop an online business for a period of 12 months through its new initiative Get Malaysian Business Online (GMBO).
The initiative will also enjoy the support of the Malaysian Communications and Multimedia Commission (MCMC). My Domain Registry and ITrain Malaysia Sdn Bhd, offers many advantages to SMEs include the construction of free website.
Google Area General of Malaysia, Sajith Sivanandan, said in addition, a total of 10.000 first SMEs to participate will receive RM80 registration of domain names for free by. My Domain Registry. the SMEs, he said, only need to renew the annual license amounted to RM23 per year. "We in turn, will provide online advertising vouchers worth RM200 for free to 50,000 SMEs earliest to use to strengthen their presence on the Internet, "he said at the launch GMBO in Kuala Lumpur yesterday. Also present were Minister of Information, Communication and Culture Minister Datuk Seri Dr Rais Yatim, MCMC chairman Datuk Mohamed Sharil Tarmizi and Chief
Executive ITrain, Bikesh Lakhminchand. Now, there are 700,000 SMEs in the country, but only 100,000 just to have a website and use the internet as a medium to market their products or services. Accordingly, Sajith said he will not stop here, but it continued to move actively to ensure that all SMEs have a business online. "We will be holding a promotion GMBO to advertise in a variety of media including print, television, radio and internet as well as providing a series of roadshows across the country," he said.
SMEs interested can sign up in the www.getmybusinessonline.com.my its website and in a few simple instructions that take 30 minutes.
In the meantime, Bikesh said Malaysia through its partnership with Google, the company will provide training to any SME skills in the world do not have internet or computing. "1,000 SMEs first register for this training are not charged while after that will be charged RM50 per person. "In this two-hour training, participants will learn how to build and maintain their websites.

Planning to bring together ASEAN FTA

noreply@blogger.com (Anonymous) — Mon, 21 Nov 2011 03:39:00 +0000

Association of South east Asian Nations ( ASEAN )and its dialogue partners are studying the possibility to expand and strengthen the economic integration by creating a single Free Trade Agreement (FTA) between the 10-member regional organization with all trading partners in East Asia.
ASEAN now has established a separate FTAs with six dialogue partners in East Asia the ASEAN-China FTA (2005), ASEAN-Korea FTA (2006), ASEAN-Japan FTA (2009), ASEAN-India FTA (2010) and the Asean FTA -Australia and New Zealand (2010).
ASEAN leaders also recommends work plan for ASEAN to establish the ASEAN + 1 FTAs templates, taking into account the East Asia Free Trade Area (EAFTA - ASEAN +3) and Comprehensive Economic Cooperation Agreement (ASEAN + 6). - Mustapa Mohamed, Minister of International Trade and Industry Minister of International Trade and Industry (Miti), Datuk Seri Mustapa Mohamed said ASEAN maintained to ensure convergence of the expansion process, the ASEAN Economic Ministers outlined a set of general principles in an effort to broaden and deepen ASEAN's relations with the respective FTA partners. My 19th ASEAN Summit in Bali, Indonesia, he said, recommends the Regional Framework for Comprehensive Cooperation. "ASEAN leaders also recommends work plan for ASEAN to establish the ASEAN + 1 FTAs templates, taking into account the East Asia Free Trade Area (EAFTA - ASEAN +3 ) and Comprehensive Economic Cooperation Agreement (ASEAN + 6), "he told Malaysian journalists. Mustapha represent Malaysia at the Preparatory Meeting of the ASEAN Economic Ministers to the ASEAN Summit and Related Summit. He said the ASEAN summit-19 agreed to accept the proposal jointly by Japan and China for three working groups established to study the integration of the Trade Working Group, Working Group on Services and Investment Working Group. He said the three working groups that will examine detailed modalities for the integration of all our economic and trade FTA will then also invited to participate in the work group. He said the summit directed that all work related to the place and modalities related to the three working groups was finalized before the ASEAN Summit on 21 November 2012. An economist who contacted The Star said the current global economic scenario to motivate the ASEAN countries to move faster in terms of economic integration and trade. "The economic situation the United States and Europe made the agenda to be more needed and plan towards integration will be implemented immediately. "While Asia has performed good, the focus should be geared to the economy and a better trade among ASEAN countries as well as integrated with external markets.

candidate members of the FBM KLCI

noreply@blogger.com (Anonymous) — Tue, 15 Nov 2011 11:02:00 +0000

NESTLE (Malaysia) Bhd, AirAsia Bhd and Bumi Armada Bhd is one of the three major candidates are included in the component stocks of the FTSE Bursa Malaysia KLCI (FBM KLCI) to replace the PLUS Expressways Bhd and Gamuda Bhd, which is likely to be issued.
The benchmark index represents the 30th largest company on Bursa Malaysia in terms of full market capitalization, as well as to meet the criteria and passed the test liquid flotation.
PLUS will be out of the list of index components making up the steps of private companies, while Gamuda likely to be excluded as it was out of the list of 35 largest companies in Malaysia in terms of market capitalization. OSK Research, in a research note said, of the three candidates, Nestle companies are almost certain to be restored to the list of members on the FBM KLCI index half-year review next month. He said, the counter is in conformity with eligibility criteria
during the last revision of the FBM KLCI following changes to the regulations in liquidity. "The company is also in reserve list, and as can be seen, Nestle is the largest company in Malaysia are not members of the FBM KLCI, "he said. OSK Research said, for a possible new candidate members of the FBM KLCI, Bumi Armada is the second largest company who are not members but not in reserve list previously, followed by AirAsia which is in the reserve list. "Thus, it is possible between the Earth and AirAsia's fleet, but we felt that AirAsia has a slight advantage there," he said. He said if Nestle and AirAsia was chosen as a new member of the FBM KLCI next month, it will increase the percentage of the users to 2.1 percent in the index compared to its current position at 1.4 percent. He said the construction sector will no longer be represented in the benchmark index. "While this news may be positive for Nestle and AirAsia, it should be noted that the membership the FBM KLCI index does not always translate into better stock price performance. "As previously observed, admission into the FBM KLCI is not necessarily favorable to the stock price either before or after it is inserted," he said. OSK Research said, it still retains its projections FBM KLCI at 1.466 points for the uncertainty is still gripping the market. "We maintain the suggestion that investors remain on the stand, such as telecommunications, consumer and health care at the moment," he said. the half-year review FBM KLCI will start 22 November and the results will be released on December 8, while changes to the index will take effect by the end of this year.