anas_nurhafidz
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ahojunk
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M'sia corporate governance ranking drops due to 1MDB
malaysiakini
Published 30 Sep 2016, 9:27 am Updated 30 Sep 2016, 9:29 am
The 1MDB scandal dragged Malaysia down two spots to sixth place in the Corporate Governance (CG) Watch 2016 ranking of 11 Asia-Pacific countries.
Malaysia scored 56 points, behind Singapore (67), Hong Kong (65), Japan (63), Taiwan (60), and Thailand (58), The Edge reported, citing data released by investment banking group CLSA and the Asian Corporate Governance Association (ACGA) yesterday.
The financial daily added that Malaysia's overall score tanked due to an 11-point fall under the “political and regulatory” pillar, which negated a seven-point climb under enforcement.
“While we upgraded Malaysia this year for enforcement of capital market offences and several favourable regulatory and policy changes, the fallout from the 1MDB crisis has had an adverse effect on the political and regulatory environment for public and corporate governance.
"This has resulted, on balance, in a modest decline in the overall score,” said ACGA specialist consultant Benjamin McCarron in the biennial report.
The 'political and regulatory' score drop was reportedly due to “the lack of a clear, consistent and credible government policy on CG; a perception of reduced effectiveness on the part of the central bank in exercising its powers; the depth of media skill and freedom in reporting on CG; the independence of anti-corruption commission; and whether (the) government was making progress in improving standards of public governance."
The Corporate Governance report is based on a 95-question survey covering five pillars: CG rules and practices; enforcement; political and regulatory environment; accounting and auditing; and CG culture.
ACGA secretary-general Jamie Allen was quoted by The Edge as saying that Malaysia would have done "much better" had there been no 1MDB, and could have scored the same points as Thailand.
“1MDB has affected capital markets’ perception of Malaysia. People are concerned about what’s going on. When public governance standards drop over the medium-to-long term, it does have an impact on (investment) decisions," Allen said.
Meanwhile McCaron also wrote that while it was a shame to see the fallout from 1MDB crisis in Malaysia, direct financial impact from it appears to have been contained.
The 1MDB saga has had a significant impact on the Malaysian political landscape over the past two years.
Prime Minister Najib Abdul Razak had axed Muhyiddin Yassin as his deputy for criticising the government's handling of the issue, which led to the rise of Umno offshoot Parti Pribumi Bersatu Malaysia (Bersatu).
It has also seen strange bedfellows in the form of ex-premier Dr Mahathir Mohamad, the opposition, and civil society activists banding together to fight against Najib.
1MDB is currently the subject of a US Department of Justice civil suit, which claims that more than US$3.5 billion had been stolen from the state investment firm.
Najib has denied accusations of misappropriating public funds, saying the allegations were part of a plot to topple him.
Attorney-general Mohamed Apandi Ali has also cleared the prime minister of any criminal misconduct in cases relating to 1MDB.
Read more: https://www.malaysiakini.com/news/357397#ixzz4M5HFId2L
malaysiakini
Published 30 Sep 2016, 9:27 am Updated 30 Sep 2016, 9:29 am
The 1MDB scandal dragged Malaysia down two spots to sixth place in the Corporate Governance (CG) Watch 2016 ranking of 11 Asia-Pacific countries.
Malaysia scored 56 points, behind Singapore (67), Hong Kong (65), Japan (63), Taiwan (60), and Thailand (58), The Edge reported, citing data released by investment banking group CLSA and the Asian Corporate Governance Association (ACGA) yesterday.
The financial daily added that Malaysia's overall score tanked due to an 11-point fall under the “political and regulatory” pillar, which negated a seven-point climb under enforcement.
“While we upgraded Malaysia this year for enforcement of capital market offences and several favourable regulatory and policy changes, the fallout from the 1MDB crisis has had an adverse effect on the political and regulatory environment for public and corporate governance.
"This has resulted, on balance, in a modest decline in the overall score,” said ACGA specialist consultant Benjamin McCarron in the biennial report.
The 'political and regulatory' score drop was reportedly due to “the lack of a clear, consistent and credible government policy on CG; a perception of reduced effectiveness on the part of the central bank in exercising its powers; the depth of media skill and freedom in reporting on CG; the independence of anti-corruption commission; and whether (the) government was making progress in improving standards of public governance."
The Corporate Governance report is based on a 95-question survey covering five pillars: CG rules and practices; enforcement; political and regulatory environment; accounting and auditing; and CG culture.
ACGA secretary-general Jamie Allen was quoted by The Edge as saying that Malaysia would have done "much better" had there been no 1MDB, and could have scored the same points as Thailand.
“1MDB has affected capital markets’ perception of Malaysia. People are concerned about what’s going on. When public governance standards drop over the medium-to-long term, it does have an impact on (investment) decisions," Allen said.
Meanwhile McCaron also wrote that while it was a shame to see the fallout from 1MDB crisis in Malaysia, direct financial impact from it appears to have been contained.
The 1MDB saga has had a significant impact on the Malaysian political landscape over the past two years.
Prime Minister Najib Abdul Razak had axed Muhyiddin Yassin as his deputy for criticising the government's handling of the issue, which led to the rise of Umno offshoot Parti Pribumi Bersatu Malaysia (Bersatu).
It has also seen strange bedfellows in the form of ex-premier Dr Mahathir Mohamad, the opposition, and civil society activists banding together to fight against Najib.
1MDB is currently the subject of a US Department of Justice civil suit, which claims that more than US$3.5 billion had been stolen from the state investment firm.
Najib has denied accusations of misappropriating public funds, saying the allegations were part of a plot to topple him.
Attorney-general Mohamed Apandi Ali has also cleared the prime minister of any criminal misconduct in cases relating to 1MDB.
Read more: https://www.malaysiakini.com/news/357397#ixzz4M5HFId2L
lcloo
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Tuesday, 4 October 2016 | MYT 9:57 AM
Copter crashes into Tawau school
by stephanie lee
KOTA KINABALU: A military helicopter with 14 people on board crashed onto the roof of a school building in Tawau on Tuesday morning.
The incident reportedly occurred at about 9.11am at Sekolah Menengah Balung.
Tawau district police chief Asst Comm Fadil Marcus confirmed the incident but said police were still gathering information.
“It is unclear what the exact situation is at the moment or how many were injured,” he said.
It is learnt that a few students and air force personnel were slightly injured in the incident but details are still vague as of now.
The helicopter is reported to have taken off from Tawau airport en route to Semporna when the pilot lost control of the aircraft.
It is high time these Sikorsky SH-3 Sea King S61A- 4 should be retired. They were always flying near my school in Kuantan, and was my favourite then, back in 1974 and 1975. These choppers are too old now.
Copter crashes into Tawau school
by stephanie lee
KOTA KINABALU: A military helicopter with 14 people on board crashed onto the roof of a school building in Tawau on Tuesday morning.
The incident reportedly occurred at about 9.11am at Sekolah Menengah Balung.
Tawau district police chief Asst Comm Fadil Marcus confirmed the incident but said police were still gathering information.
“It is unclear what the exact situation is at the moment or how many were injured,” he said.
It is learnt that a few students and air force personnel were slightly injured in the incident but details are still vague as of now.
The helicopter is reported to have taken off from Tawau airport en route to Semporna when the pilot lost control of the aircraft.
It is high time these Sikorsky SH-3 Sea King S61A- 4 should be retired. They were always flying near my school in Kuantan, and was my favourite then, back in 1974 and 1975. These choppers are too old now.
lcloo
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8 Everyday Things You Didn't Know Were Invented By Malaysians
Published by Darian Goh — 26 Jun 2015, 01:17 PM
Because we're geniuses.
Published by Darian Goh — 26 Jun 2015, 01:17 PM
Because we're geniuses.
Image via suanie.net
- Who invented it: Datuk Hew Ah Kow.
What it is: It is a detachable 4-piece plasticware. Basically, you place raw eggs into the container, pour in boiling water, then wait for the water to slowly drip to the bottom. Your eggs are done when the water has drained fully!
says.com
Image via The Star
Datuk Hew Ah Kow invented the device that would revolutionise all soft-boiled eggs forever.
- How did it happen? Back in the days when Datuk Hew Ah Kow was just a lad working as a bulldozer operator in the jungles of Kelantan in 1973, there was little time to keep count of the minutes.
“There were about 20 of us in a lumber camp who liked nothing better than to start the day with half-boiled eggs. The problem was, we always lost track of time, carried away with things like checking the engines and refuelling. So, by the time we got back to our eggs, they were always overcooked,” recalls Hew.
“Young and full of bravado, I took it as a challenge and began to conduct my own experiments, puncturing the bottoms of Ovaltine cans with a nail and filling them with eggs and hot water,” says Hew.
It took a year before Hew found the correct ratio of water to eggs. As he drew closer to a solution, Hew’s tests made him go off eggs. It also affected his colleagues who had to help eat his experiments.
thestar.com.my
Image via Suanie.net
- The effort eventually paid off when one day, a direct-selling stockist rode his Honda Cub into Hew’s work camp and got marooned by the rain, forcing an overnight stay. At breakfast, he got to sample the most perfect half-boiled eggs he had ever tasted.
“It was the camp cook who pointed me out. At first, he came to me and asked if I could give him one of my Ovaltine cans to take home. I said ‘No way.’ Then he asked if I could sell him the prototype so I said, ‘Fine, let me see the money first.’ He returned and gave me RM7,000,” recalls Hew.
thestar.com.my
Image via apanama
- Who invented it: Robest Yong.
What it is: The Polyclone rubber stamp machine has changed the rubber stamp industry of the world. With this invention, it takes only five minutes to make rubber stamps when previously one had to order days or weeks in advanced. The invention eliminates completely the need for lettering bits, composing messy plaster moulds, the use of high temperatures, and the need for photographic equipment.
says.com
Image via apanama
Robest Yong, the inventor of the Polyclone machine.
- How did it happen? His first claim to fame was the instant rubber stamp machine, which has since revolutionized the way rubber stamps are made. The idea first came to him when he wanted to start his own company. “Everybody needs to get a rubber stamp,” he says. “But I noticed it took so long to make them - up to a week. I felt this process could be improved.”
So, he set about to do something about it. While in Japan he had noticed a printing technology using a photo-polymer that he believed could be used for his instant rubber stamp device.
In creating the prototype he realised that photopolymers were not suitable for making rubber stamps, so he went to Japan to find out if it was possible to adjust the formula to fit his needs. He found his answer there. The material he used for the stamp is not natural rubber but Polyclone, a polymer that looks like transparent rubber.
apanama.com.my
Image via apanama
- The next year, he won a gold medal for that product in the International lnvention Competition in Geneva and he returned a local hero, with lauded by strong newspaper coverage.
‘People used to laugh at my product because they couldn’t believe I was the first to create something like this,” he says. “They thought surely someone overseas would have already come up with it.”
apanama.com.my
- Bonus: Robest reached out to us and shared that he has a new product, the VisionTouch Braille Phone, a screen protector with an app to help the visually impaired navigate the touch screen phone. Read how he came up with the idea here!
lcloo
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Continue 02 ......
8 Everyday Things You Didn't Know Were Invented By Malaysians
Published by Darian Goh — 26 Jun 2015, 01:17 PM
Image via metrio The Nehemiah walls are more durable and faster to build compared to rigid concrete blocks.
- Who invented it: Dr. Nehemiah Lee.
says.com
- What it is: A Nehemiah Wall consists of three major components: a facade, reinforcing bars, and soil.
Its facade, or facing panel, comprises hexagonal (honeycomb-shaped) blocks of pre-cast concrete, each interlocked with dowel bars. But the real ingenuity lies behind these panels: the compressed soil, usually sand, that holds up the facade is strengthened with galvanised carbon steel rods running through it and into the panel. Each hexagon in the facade has at least four of these steel bars, with each bar secured by an anchor block.
thestar.com.my
Image via ChristianityMalaysia
- How did it happen? "In the early 1980s I was working with Reinforced Earth, a concept developed in the 1960s by French engineer and architect Henri Vidal. He turned the concept into an engineered system and popularised the idea of using reinforced soil in construction."
“I studied the system, learnt the technology, and researched heavily into creating my own modified system while working on my Masters degree,” says Dr Lee, adding that, “I’ve always been fascinated with the idea of building walls that are not for dividing people, but are strong, versatile, and useful.”
Liew Shaw Shong, consultant engineer and director of G&P Geotechnics Sdn Bhd, likes the design: “We’ve used Nehemiah Walls for about 30 projects that were awarded through open tenders. The advantage of the walls is their design that can tolerate differential settlement of soil along a single stretch of wall. A typical reinforced-concrete wall is unable to accommodate this and will crack."
thestar.com.my
Image via hubhomedesign
- Apart from its technologically sound product, Liew offers another possible reason why the company has been so successful: “There are variations of reinforced earth walls but Dr Lee gave us the most competitive pricing and proposal. His team is very pleasant to work with, as its members are prudent, responsive, and have integrity. They don’t just simply do things. They even assessed the project beyond their job scope to offer technical advice to us.”
thestar.com.my
Continue 02 ......
thestar.com.my
Image via kevinthom
Who invented it: Ren Ng.
says.com
- What it is: Lytro is a plenoptic camera, which lets users adjust the focus of a photograph after the fact thanks to an array of micro-lenses over the camera’s sensor.
wired.com
Image via Wired
Ren Ng, the inventor of the Lytro camera.
- How did it happen? Ng was doing theoretical research at Stanford University in light fields at the time he tried to photograph his friend’s daughter. After sitting in on a research meeting discussing the design of a light field camera (which was formerly composed of an array of about a hundred digital cameras attached to a supercomputer when the technology was first introduced in the 90s), he thought to himself, “That sounds really cool, but that’s not going to be very practical.”
So Ng was prompted to switch his emphasis to cameras, specifically how he could shrink light field technology down into a commercial-size package. He spent time studying optics and working with electrical and mechanical engineering professors to put the camera together, since as a computer science student, he didn’t have that training.
After getting his Ph.D. (and receiving honors like the ACM Doctoral Dissertation Award in the process), Ng set out to put his research to use by starting a company that would produce light field cameras that everyone could enjoy.
Image via digitaltrends
Lytro's camera technology enables a user to change the focus of a picture after it has been taken.
- The Lytro sensor’s sensitivity to light also makes it possible to take photos in very low-light conditions without the need of a flash. It also makes it possible to take 3D-like photographs with only a single lens, and without the need for glasses to see the immersive effects.
“Lytro’s breakthrough technology will make conventional digital cameras obsolete,” says Lytro investor and well-known venture capitalist Marc Andreessen of Andreessen Horowitz. “It has to be seen to be believed.”
lcloo
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Continue 03........
6. The Flipper toothbrush holder. Designed to keep your toothbrushes clean, the toothbrush holder was a commercial success and won numerous design awards both locally and abroad.
Image via melakapages
- Who invented it: Mr Ooi Seng Chye.
What it is: A water dispensing machine which processes raw sewage water into clean drinking water, via reverse osmosis method, reducing the waste to nearly nett zero.
says.com
Image via Macri Malaysia via Facebook
- How did it happen? Hailing from Penang, Mr. Ooi spent much of his time working as a Purchasing Manager at Wong Engineering Bhd, a company listed on the KL stock exchange. He then moved to Kuala Lumpur to try out new things. His water dispensing system obtained Cradle funding worth RM150,000 and today, he is the proud owner of about 500 RO water dispensing unit placed in various locations around Kuala Lumpur and Petaling Jaya under the brand Good Drink. Mr. Ooi continues to improve his line of dispensers to meet the demand of the market and has started creating a new RO water dispensing system to cater for residences living in high rise buildings.
says.com
Image via Macri Malaysia via Facebook
The RO process of turning raw sewage water into clean, drinkable water.
6. The Flipper toothbrush holder. Designed to keep your toothbrushes clean, the toothbrush holder was a commercial success and won numerous design awards both locally and abroad.
Image via accessorygeeks
- Who invented it: Goo Yock Tee.
What it is: Flipper is a nifty toothbrush holder with a unique patented design. Through a cleverly-designed mechanism, a Flipper stores your toothbrush in an enclosed compartment and yet opens/closes automatically and conveniently.
says.com
Image via Macri Malaysia via Facebook
Mr. Goo Yock Tee, the inventor of the toothbrush holder.
- How did it happen? Flipper is the result of our labor of love and dedication. It began with a problem that we observed: how can toothbrushes be kept hygienically and simply? The toothbrush has to be fully enclosed, and the holder must open and close effortlessly without touching any toothbrush bristles.
Our designers and engineers then spent many months to find solutions to tackle this problem, before developing the unique and original Flipper mechanism from scratch. The design was eventually perfected, and it immediately redefined the product category as a clever and practical innovation. In recognition of its originality in invention, Flipper has been granted patents worldwide.
myflipper.com.au
lcloo
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Continue 04....
Flash Drive. All your assignments, all your movies, and songs stored into one little device. Who ever knew it was all because of the work of one Malaysian?
Image via opensercurity
Who invented it: Pua Khein Seng. However there has been some claims from other parties that they have invented the USB flash drive first.
What it is: A USB Flash drive is a data storage device that includes flash memory with an integrated Universal Serial Bus (USB) interface.
says.com
Image via putriariana
Phua Khein Seng, the founder of Phison and the inventor of the world's first single chip USB flash drive.
- How did it happen? The former Pin Hwa High School student left Malaysia at the age of 19 to pursue his degree in electrical and control engineering at Chiao Tung University in Taiwan. During his third year at Chiao Tung, he began conducting research into flash memory technology. Pua founded Phison Electronics with four partners and produced the world's first USB flash drive with system-on-chip technology in 2001.
nextupasia.com 
Image via sweetwiskies
Loom bands. The humble rubber band is all the rage in schools today. The ability to create your own jewellery with rubber bands has been a hit, selling 3 million units worldwide!
Image via BBC
Who invented it: Cheong Choon Ng.
What it is: The Rainbow Loom is a plastic device for turning small rubber bands into jewellery.
says.com
Image via theguardian
Cheong Choon Ng, a former engineer turned inventor of the loom band.
- How did it happen: I forged a career in crash safety in Detroit's motor industry. I loved my job, but regretted not seeing my two daughters much.
They were nine and 12, and distant towards me. One night after work, I saw them making bracelets from rubber bands and I thought, "Hey, I know how to do this. Maybe I can impress you girls." I sat down and showed them how to link the rubber bands together, using the same technique we had used to make jumping ropes back in Malaysia. But the bracelets kept falling apart. I went down to my basement, grabbed a scrapboard and stuck multiple rows of pushpins into it. Then I started linking the bands in a zigzag, like a diamond shape, and it worked really well.
The next day, my daughters took a bunch of colourful bracelets to school. I became a neighbourhood hero overnight. Children would come up to me and ask me to make them bracelets. It was my older daughter, Teresa, who first suggested selling them. I spent six months developing the product and designed 28 different versions.
theguardian.com
Image via BBC
The Duchess of Cambridge wearing a loom band.
- But no-one knew how to use the loom.
So Ng and his daughters made instructional videos and put them on YouTube. Their YouTube channel now has more than 13 million views, not including videos by customers sharing their own designs.
Ng said their first big success came in the summer of 2012, when a Learning Express Toys franchise owner who’d ordered 48 kits placed a US$10,000 (RM32,000) order soon after.
Since then, Rainbow Loom has caught the imagination of children and teenagers, with over three million kits sold.
By April, Rainbow Loom’s assembly and distribution had moved from Ng’s living room to a warehouse, and they now have 14 employees. Rainbow Looms are sold in more than 2,000 retail outlets.
thestar.com.my
CountStrike
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Some Assets of Royal Malaysian Navy will be Decommissioned
07 Oktober 2016
KD Hang Tuah training ship (photo : jiayuan)
Hang Tuah, Laksamana-class, LMS and Helos too
SHAH ALAM: KD Hang Tuah, the grand dame of the Royal Malaysian Navy will be paid-off when the two DSME-designed training ships are commissioned.
The first training ship, Gagah Samudera is expected to be commissioned by November while the second ship, Teguh Samudera is expected to receive its pennant, next year.
RMN chief Admiral Ahmad Kamarulzaman Badaruddin said the four Laksamana-class corvettes will be decommissioned – most likely one at a time – when the first four units of the Littoral Mission Ships (LMS) are commissioned, also one at a time.
He did not specify the timeline for the decommissioning or the commissioning, however. Hang Tuah will be preserved as a floating museum though the location has not been decided.
Asked why Hang Tuah and Laksamana-class were to be retired ahead of the much-older Sandakan-based patrol craft – KD Seri Perlis and KD Seri Johor, Kamarulzaman said the five ships were chosen based on the number of days they spend at sea and the cost to maintain them.
Laksamana class corvette (photo : Shephard)
“Based on those criterias, Hang Tuah will be the first to go and the Laksamanas the next. After that it will be the MCMVs turn,” he says in an interview after presenting the keynote address at the Maritime Warfare Asia 2016 on Wednesday.
Kamarulzaman also said that an announcement on the RMN 15-to-5 plan will be made during the presentation of the 2017 Budget, scheduled to be delivered by the Finance Minister by the end of this month.
Pressed on what will be announced, Kamarulzaman declined to comment further saying that “you will have to wait for the budget presentation.
Asked whether the announcement will be about RMN ordering China-made warships – corvettes or the LMS – Kamarulzaman declined to be specific although he said that the service had no objections in getting them as long it fit “RMN requirements and missions.”
On the LMS, Kamarulzaman confirmed that the plan was to buy 18 of these vessels. RMN, according to him, is speaking with shipyards to get their proposals for the class. He said the LMS will replaced various vessels in the navy including the MCMVs.
KD Kasturi frigate (photo : standupper)
As for future mine hunting, Kamarulzaman said that they might used containerised mission modules for the capabiliy. He did not specify the numbers of modules to be procured or the capability to be acquired.
Kamarulzaman declined to outline the exact specifications of LMS apart from that it will be “70ish (metre) long”. It will be fitted for UAVs and probably USVs.
“We want to move away from laying specifications as in the past. When we do that – when my planning officers go to exhibitions and similar events – they will come back with a lot of data and we end up with a gold plated ship.
For the LMS our priority are the mission capabilities, that is why we called them (littoral) mission ships. It will not be our main surface combatants, that is the job of the LCS, the LMS will be used for border security, patrol and similar operations.
For border patrol or preventing illegal fishing, we do not need for example, jamming capabilities. However we might opt for “Fitted for but Not Equipped With” concept so we can reduce the purchase price.”
Asked on whether missiles and guns will be fitted on the LMS, Kamarulzaman said it will be based the proposals by the shipyards.
He also declined to specify the cost of the LMS as envisioned by the navy apart from saying it will be 80 per cent cheaper than the LCS. Industry sources however told Malaysian Defence that the cost has been capped to RM200 million per ship inclusive of the all the weapons.
One source says only China will be able to sell such a vessel at that price.
Meanwhile, Kamarulzaman said they want six newly built helicopters instead of just upgrading the six Super Lynxes already in service.
“The cost of upgrading the Super Lynxes is as much as buying new ones, so might as well we buy new ones. We have learn our lessons from the Kasturi upgrade. We end up paying two-thirds of the cost of buying a new ship,” he added.
As for the LCS, he said as off, Oct 1, the progress is up to 28 percent. It was expected that the ship will be launched by March or April, next year and Kamarulzaman said they were still targeting 2019 for its commissioning.
He admitted that it was cheaper and faster to built the ships in France but the RMN accepted the government’s decision to built them locally . The decision have a great impact on the local defence industry and the community.
(Malaysian Defence)
07 Oktober 2016
KD Hang Tuah training ship (photo : jiayuan)
Hang Tuah, Laksamana-class, LMS and Helos too
SHAH ALAM: KD Hang Tuah, the grand dame of the Royal Malaysian Navy will be paid-off when the two DSME-designed training ships are commissioned.
The first training ship, Gagah Samudera is expected to be commissioned by November while the second ship, Teguh Samudera is expected to receive its pennant, next year.
RMN chief Admiral Ahmad Kamarulzaman Badaruddin said the four Laksamana-class corvettes will be decommissioned – most likely one at a time – when the first four units of the Littoral Mission Ships (LMS) are commissioned, also one at a time.
He did not specify the timeline for the decommissioning or the commissioning, however. Hang Tuah will be preserved as a floating museum though the location has not been decided.
Asked why Hang Tuah and Laksamana-class were to be retired ahead of the much-older Sandakan-based patrol craft – KD Seri Perlis and KD Seri Johor, Kamarulzaman said the five ships were chosen based on the number of days they spend at sea and the cost to maintain them.
Laksamana class corvette (photo : Shephard)
“Based on those criterias, Hang Tuah will be the first to go and the Laksamanas the next. After that it will be the MCMVs turn,” he says in an interview after presenting the keynote address at the Maritime Warfare Asia 2016 on Wednesday.
Kamarulzaman also said that an announcement on the RMN 15-to-5 plan will be made during the presentation of the 2017 Budget, scheduled to be delivered by the Finance Minister by the end of this month.
Pressed on what will be announced, Kamarulzaman declined to comment further saying that “you will have to wait for the budget presentation.
Asked whether the announcement will be about RMN ordering China-made warships – corvettes or the LMS – Kamarulzaman declined to be specific although he said that the service had no objections in getting them as long it fit “RMN requirements and missions.”
On the LMS, Kamarulzaman confirmed that the plan was to buy 18 of these vessels. RMN, according to him, is speaking with shipyards to get their proposals for the class. He said the LMS will replaced various vessels in the navy including the MCMVs.
KD Kasturi frigate (photo : standupper)
As for future mine hunting, Kamarulzaman said that they might used containerised mission modules for the capabiliy. He did not specify the numbers of modules to be procured or the capability to be acquired.
Kamarulzaman declined to outline the exact specifications of LMS apart from that it will be “70ish (metre) long”. It will be fitted for UAVs and probably USVs.
“We want to move away from laying specifications as in the past. When we do that – when my planning officers go to exhibitions and similar events – they will come back with a lot of data and we end up with a gold plated ship.
For the LMS our priority are the mission capabilities, that is why we called them (littoral) mission ships. It will not be our main surface combatants, that is the job of the LCS, the LMS will be used for border security, patrol and similar operations.
For border patrol or preventing illegal fishing, we do not need for example, jamming capabilities. However we might opt for “Fitted for but Not Equipped With” concept so we can reduce the purchase price.”
Asked on whether missiles and guns will be fitted on the LMS, Kamarulzaman said it will be based the proposals by the shipyards.
He also declined to specify the cost of the LMS as envisioned by the navy apart from saying it will be 80 per cent cheaper than the LCS. Industry sources however told Malaysian Defence that the cost has been capped to RM200 million per ship inclusive of the all the weapons.
One source says only China will be able to sell such a vessel at that price.
Meanwhile, Kamarulzaman said they want six newly built helicopters instead of just upgrading the six Super Lynxes already in service.
“The cost of upgrading the Super Lynxes is as much as buying new ones, so might as well we buy new ones. We have learn our lessons from the Kasturi upgrade. We end up paying two-thirds of the cost of buying a new ship,” he added.
As for the LCS, he said as off, Oct 1, the progress is up to 28 percent. It was expected that the ship will be launched by March or April, next year and Kamarulzaman said they were still targeting 2019 for its commissioning.
He admitted that it was cheaper and faster to built the ships in France but the RMN accepted the government’s decision to built them locally . The decision have a great impact on the local defence industry and the community.
(Malaysian Defence)
CountStrike
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Hishammuddin: Nuri Helicopters Should be Upgraded, Replaced
06 Oktober 2016
S-61A4 Nuri helicopter (photo : Chaity)
PETALING JAYA: The S-61A4 Nuri helicopters should be upgraded and replaced with newer assets to prevent accidents from occurring, said Defence Minister Datuk Seri Hishammuddin Hussein.
"I have reminded the top leadership in the Defence Ministry and the armed forces that there is no compromise when it comes to the safety of the personnel and preparedness of our military assets,” said Hishammuddin in a press release this Wednesday.
On Tuesday morning, a Nuri helicopter crashed at SMK Balung in Tawau, injuring approximately 10 Royal Malaysian Air Force (RMAF) personnel and five students.
"I agree and understand the public's opinion on the fact that the Nuri helicopters have been in service for a long time – since 1968 – and should be replaced with newer assets," said Hishammuddin.
He added that he has instructed the RMAF chief to prepare action and upgrading plans for the Nuri.
"I will be receiving a special briefing from the RMAF regarding the plans after my return from a working trip next week," said Hishammuddin.
(The Star)
06 Oktober 2016
S-61A4 Nuri helicopter (photo : Chaity)
PETALING JAYA: The S-61A4 Nuri helicopters should be upgraded and replaced with newer assets to prevent accidents from occurring, said Defence Minister Datuk Seri Hishammuddin Hussein.
"I have reminded the top leadership in the Defence Ministry and the armed forces that there is no compromise when it comes to the safety of the personnel and preparedness of our military assets,” said Hishammuddin in a press release this Wednesday.
On Tuesday morning, a Nuri helicopter crashed at SMK Balung in Tawau, injuring approximately 10 Royal Malaysian Air Force (RMAF) personnel and five students.
"I agree and understand the public's opinion on the fact that the Nuri helicopters have been in service for a long time – since 1968 – and should be replaced with newer assets," said Hishammuddin.
He added that he has instructed the RMAF chief to prepare action and upgrading plans for the Nuri.
"I will be receiving a special briefing from the RMAF regarding the plans after my return from a working trip next week," said Hishammuddin.
(The Star)
ahojunk
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Success, timeliness of HSR project 'very important': Malaysian Chief Secretary
SINGAPORE: Chief Secretary to the Malaysian government Dr Ali Hamsa wants the civil service to ensure the timely implementation of the high-speed rail (HSR) project between Singapore and Malaysia.
He also wants the civil service, which is directly involved in the project, to work hard to ensure its implementation.
"It is very important that the project is implemented successfully and be operational by 2026," he told Bernama.
A Memorandum of Understanding (MoU) for the HSR project was signed between Malaysia and Singapore on Jul 19.
Ali said both countries were now in discussions to finalise the agreement by December this year.
He was in Singapore recently to attend the 39th Public Service Games and 8th Joint Seminar for Public Service Leaders of Singapore and Malaysia.
Ali was asked to respond to Singapore Prime Minister Lee Hsien Loong, who had previously said the HSR is a massive, long-term investment and thus, "good execution will be crucial".
Lee was in Malaysia in July to witness the signing of the HSR MoU with Prime Minister Najib Razak.
"PM Najib and I agreed to build the HSR between KL and Singapore three years ago. Since then our officials have worked hard and long, through several Ramadans and Rayas, to reach agreement on key issues.
"We need to work closely together on many joint decisions and implementation issues. PM Najib and I will give full attention to this, because we want this major project to be done right," he said.
The 350 km rail venture will reduce travel time between the two countries to just 90 minutes, with speeds of over 300km/hr.
For Singapore, the HSR terminus will be in Jurong East.
In Malaysia, it will have seven stations, namely in Bandar Malaysia, Putrajaya, Seremban, Ayer Keroh, Muar, Batu Pahat, and Iskandar Puteri.
The first train is expected to start running in 2026.
- Bernama/hs
- Posted 17 Oct 2016 15:40
- Updated 17 Oct 2016 16:22
- Channel News Asia
SINGAPORE: Chief Secretary to the Malaysian government Dr Ali Hamsa wants the civil service to ensure the timely implementation of the high-speed rail (HSR) project between Singapore and Malaysia.
He also wants the civil service, which is directly involved in the project, to work hard to ensure its implementation.
"It is very important that the project is implemented successfully and be operational by 2026," he told Bernama.
A Memorandum of Understanding (MoU) for the HSR project was signed between Malaysia and Singapore on Jul 19.
Ali said both countries were now in discussions to finalise the agreement by December this year.
He was in Singapore recently to attend the 39th Public Service Games and 8th Joint Seminar for Public Service Leaders of Singapore and Malaysia.
Ali was asked to respond to Singapore Prime Minister Lee Hsien Loong, who had previously said the HSR is a massive, long-term investment and thus, "good execution will be crucial".
Lee was in Malaysia in July to witness the signing of the HSR MoU with Prime Minister Najib Razak.
"PM Najib and I agreed to build the HSR between KL and Singapore three years ago. Since then our officials have worked hard and long, through several Ramadans and Rayas, to reach agreement on key issues.
"We need to work closely together on many joint decisions and implementation issues. PM Najib and I will give full attention to this, because we want this major project to be done right," he said.
The 350 km rail venture will reduce travel time between the two countries to just 90 minutes, with speeds of over 300km/hr.
For Singapore, the HSR terminus will be in Jurong East.
In Malaysia, it will have seven stations, namely in Bandar Malaysia, Putrajaya, Seremban, Ayer Keroh, Muar, Batu Pahat, and Iskandar Puteri.
The first train is expected to start running in 2026.
- Bernama/hs
ahojunk
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Zeti appointed to AIIB’s advisory panel
Posted on 20 October 2016 - 05:40am
sunbiz@thesundaily.com
KUALA LUMPUR: Former Bank Negara Malaysia (BNM) governor Tan Sri Dr Zeti Akhtar Aziz has been appointed a member of the Asian Infrastructure Investment Bank’s (AIIB) international advisory panel.
Zeti, ranked the world’s best central bank chief in 2009 by Global Finance magazine, retired in April after 16 years at the helm of BNM.
In a statement, AIIB announced that Zeti would join 10 other key persons on the panel, including former Pakistan prime minister Shaukat Aziz, former Swedish finance minister Anders Borg, former Japanese prime minister Yukio Hatoyama and Global Foundation secretary-general Steve Howard.
Others include Korea National Diplomatic Academy chair professor and former South Korean deputy prime minister and strategy and finance minister Dr Oh-Seok Hyun, former Nigerian finance minister and former World Bank managing director Dr Ngozi Okonjo-Iweala.
Former Timor-Leste finance minister Emilia Pires, former US ambassador, chairman and CEO of Global Strategic Associates Paul Speltz, London School of Economics professor and former World Bank chief economist Lord Nicholas Stern and former Hong Kong chief executive Tung Chee-Hwa are the remaining members of the panel.
“The panel provides impartial, objective and independent advice to the president, allowing the bank to benefit from the international experience and expertise of panel members,” it said.
AIIB said the first meeting of the advisory panel was held in Beijing yesterday.
At the meeting, panel members discussed the global economic situation and its implications on the bank’s operations, the need to promote green infrastructure globally and the importance of increasing private sector involvement in the region’s infrastructure.
AIIB, a multilateral international development bank, was set up on Dec 25, 2015, with an initial capital of US$100 billion (RM419 billion), one million shares and an initial paid-up capital of US$20 billion. – Bernama
Posted on 20 October 2016 - 05:40am
sunbiz@thesundaily.com
KUALA LUMPUR: Former Bank Negara Malaysia (BNM) governor Tan Sri Dr Zeti Akhtar Aziz has been appointed a member of the Asian Infrastructure Investment Bank’s (AIIB) international advisory panel.
Zeti, ranked the world’s best central bank chief in 2009 by Global Finance magazine, retired in April after 16 years at the helm of BNM.
In a statement, AIIB announced that Zeti would join 10 other key persons on the panel, including former Pakistan prime minister Shaukat Aziz, former Swedish finance minister Anders Borg, former Japanese prime minister Yukio Hatoyama and Global Foundation secretary-general Steve Howard.
Others include Korea National Diplomatic Academy chair professor and former South Korean deputy prime minister and strategy and finance minister Dr Oh-Seok Hyun, former Nigerian finance minister and former World Bank managing director Dr Ngozi Okonjo-Iweala.
Former Timor-Leste finance minister Emilia Pires, former US ambassador, chairman and CEO of Global Strategic Associates Paul Speltz, London School of Economics professor and former World Bank chief economist Lord Nicholas Stern and former Hong Kong chief executive Tung Chee-Hwa are the remaining members of the panel.
“The panel provides impartial, objective and independent advice to the president, allowing the bank to benefit from the international experience and expertise of panel members,” it said.
AIIB said the first meeting of the advisory panel was held in Beijing yesterday.
At the meeting, panel members discussed the global economic situation and its implications on the bank’s operations, the need to promote green infrastructure globally and the importance of increasing private sector involvement in the region’s infrastructure.
AIIB, a multilateral international development bank, was set up on Dec 25, 2015, with an initial capital of US$100 billion (RM419 billion), one million shares and an initial paid-up capital of US$20 billion. – Bernama
lcloo
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KLIA Transit services to increase with new trains
by Lesley on October 20, 2016
KLIA Transit have unveiled the first of six new train sets due to enter service with Express Rail Link (ERL) in the next few months. Four of the units, including the one unveiled on 20th October will be used to add to the KLIA Transit service, which offers connection to travellers and commuters en-route between Kuala Lumpur Sentral Station and Kuala Lumpur International Airport. Passengers may join the train at Bandar Tasik Selatan, Putrajaya & Cyberjaya or Salak Tinggi. The other two trains will further expand the KLIA Ekspres service.
While the first generation railcars in the system were supplied by Siemens, these second generation train sets have been manufactured by China’s Changchun Railway Vehicles Company Limited (CRRC).
The six new four car trains are more spacious than the earlier model and come equipped with under-seat power sockets on some seats, hand holds for standing passengers, additional closed-circuit TV cameras, more effective air-conditioning and extra safety features.
When the new trains enter service, the company expects to be able to increase frequency for the KLIA Transit from once every 30 minutes to 20 minutes during non-peak hours and from 20 minutes to 15 minutes during peak hours. The KLIA Express service will continue to run at 15 minute and 20 minute intervals during peak and non-peak hours.
#gallery-2{margin:auto;}#gallery-2 .gallery-item{float:left;margin-top:10px;text-align:center;width:50%;}#gallery-2 img{border:2px solid #cfcfcf;}#gallery-2 .gallery-caption{margin-left:0;}
KLIA Transit interior
KLIA Transit, luggage racks & display screens
In welcoming the arrival of the new train sets, Transport Minister Liow Tiong Lai said they would enhance the urban public transport efficiency and service level. He also made mention of the connectivity of both the ERL services with other bus, commuter train (KTM), Light Rail Transport (LRT) and the three new MRT lines, the first of which will begin operation in mid December.
The Executive Chairman of Express Rail Link, Mohd Nadzmi Mohd Salleh indicated that the company intends to grow numbers with the additional services and will continue to offer attractive packages and ticketing options to customers. Check out their website for more information on KLIA Ekspres and KLIA Transit schedules and fares or to purchase tickets.
images © LL
by Lesley on October 20, 2016
KLIA Transit have unveiled the first of six new train sets due to enter service with Express Rail Link (ERL) in the next few months. Four of the units, including the one unveiled on 20th October will be used to add to the KLIA Transit service, which offers connection to travellers and commuters en-route between Kuala Lumpur Sentral Station and Kuala Lumpur International Airport. Passengers may join the train at Bandar Tasik Selatan, Putrajaya & Cyberjaya or Salak Tinggi. The other two trains will further expand the KLIA Ekspres service.
While the first generation railcars in the system were supplied by Siemens, these second generation train sets have been manufactured by China’s Changchun Railway Vehicles Company Limited (CRRC).
The six new four car trains are more spacious than the earlier model and come equipped with under-seat power sockets on some seats, hand holds for standing passengers, additional closed-circuit TV cameras, more effective air-conditioning and extra safety features.
When the new trains enter service, the company expects to be able to increase frequency for the KLIA Transit from once every 30 minutes to 20 minutes during non-peak hours and from 20 minutes to 15 minutes during peak hours. The KLIA Express service will continue to run at 15 minute and 20 minute intervals during peak and non-peak hours.
#gallery-2{margin:auto;}#gallery-2 .gallery-item{float:left;margin-top:10px;text-align:center;width:50%;}#gallery-2 img{border:2px solid #cfcfcf;}#gallery-2 .gallery-caption{margin-left:0;}
KLIA Transit interior
KLIA Transit, luggage racks & display screens
In welcoming the arrival of the new train sets, Transport Minister Liow Tiong Lai said they would enhance the urban public transport efficiency and service level. He also made mention of the connectivity of both the ERL services with other bus, commuter train (KTM), Light Rail Transport (LRT) and the three new MRT lines, the first of which will begin operation in mid December.
The Executive Chairman of Express Rail Link, Mohd Nadzmi Mohd Salleh indicated that the company intends to grow numbers with the additional services and will continue to offer attractive packages and ticketing options to customers. Check out their website for more information on KLIA Ekspres and KLIA Transit schedules and fares or to purchase tickets.
images © LL
lcloo
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Malaysia to Sign Contract for China Made Warships
Marhalim Abas October 25, 2016 Malaysia -RMN
SHAH ALAM: Its confirmed, Malaysia is buying China-made warships. Defence Minister Datuk Seri Hishammuddin Hussein speaking at the ministry confirmed today that the contract will be signed on Nov 5.
“On November 5, 2016, the Defence Ministry will sign a contract for the procurement of Littoral Mission Ship (LMS) with SASTIND (The State Administration for Science, Technology and Industry for National Defense of China), which is an important essence of the official visit of the Prime Minister to China by the end of the month,” Hishammuddin says at a gathering at the ministry.
Marhalim Abas October 25, 2016 Malaysia -RMN
SHAH ALAM: Its confirmed, Malaysia is buying China-made warships. Defence Minister Datuk Seri Hishammuddin Hussein speaking at the ministry confirmed today that the contract will be signed on Nov 5.
“On November 5, 2016, the Defence Ministry will sign a contract for the procurement of Littoral Mission Ship (LMS) with SASTIND (The State Administration for Science, Technology and Industry for National Defense of China), which is an important essence of the official visit of the Prime Minister to China by the end of the month,” Hishammuddin says at a gathering at the ministry.
UMNOPutra
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Some Assets of Royal Malaysian Navy will be Decommissioned
07 Oktober 2016
KD Hang Tuah training ship (photo : jiayuan)
Hang Tuah, Laksamana-class, LMS and Helos too
Laksamana class corvette (photo : Shephard)
KD Kasturi frigate (photo : standupper)
(Malaysian Defence)
Meanwhile we are still modernizing and slimming our TLDM ... It would be better if we can give and/or sell cheaply our decommissioned Laksamana Class to our brother Indonesia ...... .. So ..we can help them to realize their dream as a the Guard for the region ...
To reflect its contents.... The title of this thread should be "Malaysia Defence and Non Defence Issues Forum" ...
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