Malaysia Defence & Economy Forum

[UMNOPutra]

Hahahaha ... The best joke in the end of 2017..

Malaysian vessel hijacked in Indonesian water by Indonesians (suspected) .... "not far" from Indonesia military based in Natuna islands ...
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Vessel Ferrying Palm Oil From Bintulu Hijacked In Indonesian Waters

KUCHING, Nov 24 (Bernama) -- A vessel carrying 3,700 tonnes of palm oil valued at about RM18.5 million from Bintulu to Butterworth was robbed in the waters of Singkawang, Indonesia on Wednesday (Nov 22).

Malaysian Maritime Enforcement Agency (MMEA) deputy director-general (Operation) Vice Admiral Maritime Datuk Mohd Taha Ibrahim said the vessel Baj Ever Omega owned by Syarikat Pengangkutan Kekal Sdn Bhd was being towed by tugboat Ever Prosper owned by the same company left Bintulu on Saturday (Nov 18) and was scheduled to arrive in Butterworth on Sunday (Nov 26).

He said the MMEA was informed Ever Prosper and Baj Ever Omega were missing by Regional Cooperation Agreement On Combating Piracy and Armed Robbery (ReCAAP), at 7.08pm and by the company at 7.10pm.

"In the incident at about 4am, the four crew members of Ever Prosper and six crew of Baj Ever Omega were tied up. Baj Ever Omega with its crew comprising five Indonesians and an Indian national were towed by an unidentified tugboat to another location.

"The tugboat Ever Prosper with four crew were left behind by the pirates and they later freed themselves and sailed to Johor waters," he said in a statement.

 

[UMNOPutra]

Malaysia says army is ‘ready’ for signal on Jerusalem

KUALA LUMPUR: The Malaysian Armed Forces (MAF) are always ready for the signal and directives from the top leadership and head of state on the issue of Jerusalem.

Defence Minister Hishammuddin Tun Hussein said the country should be prepared to face any eventuality.

"As the Defence Minister, I am confident that we will carry out any order from the supreme commander of the Malaysian Armed Forces, Yang di-Pertuan Agong, Sultan Muhammad V.

"Armed Forces chief (General Tan Sri Raja Mohamed Affandi Raja Mohamed Noor) and the MAF are definitely ready," Mr Hishammuddin, who is also UMNO vice-president, said when winding up the debate at the UMNO General Assembly 2017 on Saturday (Dec 9).

Mr Hishammuddin said the United States’ plan to make Jerusalem the capital of Israel was a slap in the face for the entire Muslim world.


Read more at https://www.channelnewsasia.com/news/asiapa...rusalem-9486682

 

[nufix]

Malaysia says army is ‘ready’ for signal on Jerusalem

KUALA LUMPUR: The Malaysian Armed Forces (MAF) are always ready for the signal and directives from the top leadership and head of state on the issue of Jerusalem.

Defence Minister Hishammuddin Tun Hussein said the country should be prepared to face any eventuality.

"As the Defence Minister, I am confident that we will carry out any order from the supreme commander of the Malaysian Armed Forces, Yang di-Pertuan Agong, Sultan Muhammad V.

"Armed Forces chief (General Tan Sri Raja Mohamed Affandi Raja Mohamed Noor) and the MAF are definitely ready," Mr Hishammuddin, who is also UMNO vice-president, said when winding up the debate at the UMNO General Assembly 2017 on Saturday (Dec 9).

Mr Hishammuddin said the United States’ plan to make Jerusalem the capital of Israel was a slap in the face for the entire Muslim world.


Read more at https://www.channelnewsasia.com/news/asiapa...rusalem-9486682

biggest joke of the year

 

[UMNOPutra]

Malaysia Says Its Armed Forces Are 'Ready' After Trump's Jerusalem Decision

read more: https://www.haaretz.com/middle-east-news/1.828035

 

[lcloo]

It is time to buy Malaysian Rinngit and Chinese Yuan to protect your money's values.

Hunt for Next Big Asia Currency Trade Lands on Ringgit, Yuan
Bloomberg News By
Y-Sing Liau
and
Kartik Goyal

‎15‎ ‎December‎, ‎2017‎ ‎3‎:‎00‎ ‎AM Updated on ‎15‎ ‎December‎, ‎2017‎ ‎12‎:‎11‎ ‎

Malaysia’s ringgit and China’s yuan are emerging as Asia’s most-promising currencies for fund managers as they look for the best place to put their money in the new year.

A rebound in exports, widening current-account surpluses for some nations and an ongoing global chase for yields are fueling optimism that regional currencies will extend their rally into 2018. A gauge of Asian currencies is up 5.5 percent this year, set for its best performance since 1998. South Korea’s won is leading spot gains, while the ringgit tops in terms of total returns.

“We expect the Asian economies to do well as the global recovery broadens out,” said Wilfred Wee, a Singapore-based fund manager at Investec Asset Management Ltd., which oversees $132 billion globally. “We can expect Asian currency strength to sustain into 2018.”

But there are risks too. While the Federal Reserve this week maintained its projections for three interest-rate increases in 2018, a more hawkish tilt could spoil the party for Asian exchange rates. A surprise jump in global inflation or a war on the Korean peninsula are other spoilers, say investors, who also favor Indonesia’s rupiah and the Indian rupee, while being less optimistic about Thailand’s baht and the won.

Here are the detailed comments on major Asian currencies:

Malaysian ringgit
This year has marked a turnaround for the ringgit, which has rebounded from a 19-year low on the back of surging oil prices and bets the central bank will tighten policy. With prospects for better exports and economic growth, the currency has delivered a total return of more than 13 percent.

• Amundi Asset Management likes the ringgit due to Malaysia’s improved fundamentals, says Hakan Aksoy, senior portfolio manager for EM local currencies in London
• For Investec, the ringgit is attractive as it’s undervalued and under-owned, and the central bank has turned hawkish due to robust growth, says Wee
• Union Investment Privatfonds GmbH is more comfortable with the ringgit now than earlier because of higher crude prices, says Christian Wildmann, a Frankfurt-based senior portfolio manager

Chinese yuan
The offshore yuan is set to halt three years of losses as exports rise and manufacturing activity firms up. The PBOC’s move Thursday to boost market interest rates showcased authorities’ determination to continue with a deleveraging campaign that’s propelled bond yields. That bodes well for the yuan in 2018 as higher rates are seen luring investors.

• China’s offshore yuan is attractive due to nation’s prospects of inclusion in global bond indexes and rising yields, according to Investec
• Amundi likes to be long the onshore yuan against Thailand’s baht due to positive carry differential

Indian rupee
Having risen almost 6 percent, the rupee is on course for its first annual advance since 2010 as Indian stocks and bonds have attracted global funds on the promise of economic reforms and political stability.

• Eaton Vance Corp. is long the rupee due to India’s high real rates, according to Eric Stein, co-director of global fixed income in Boston
• Amundi is positive on the currency because of its higher carry
• Union Investment remains “very comfortable” with the rupee from a multi-year perspective although it’s monitoring the slight weakening in India’s growth and fiscal position as well as the negative impact of higher oil prices on the current-account deficit
• Investec is of the view that the rupee may struggle to outperform given that it’s a consensus favorite

Indonesian rupiah


Once part of Morgan Stanley’s “Fragile Five,” the rupiah has rallied due to a combination of high yields and an improving economic outlook. Buoyant agriculture prices are expected to add to tailwinds for the commodity-exporting nation, as optimism around President Joko Widodo’s reforms burnishes the rupiah’s appeal.

• Eaton Vance is long the rupiah and Amundi is positive on the currency due to its higher carry
• Union Investment remains comfortable with the rupiah on a multi-year horizon

South Korean won
South Korea’s won weathered bouts of bond outflows and multiple missile tests from North Korea to lead Asia with an almost 11 percent gain this year. Analysts expect the won to lose some ground heading into early 2018 with most of the positives, including higher domestic interest rates, seen as already being in the price.

• Union Investment sees multiple obstacles to a stronger won next year, including an easing in demand for the nation’s tech exports and the fallout on investment and sentiment from the North Korean conflict
• Eaton Vance has a short position on the won as a hedge should North Korea tensions worsen, even though it’s positive on the economy
• Investec favors the won and thinks the currency would be stronger if not for geopolitical risks

Thai baht
With a 10 percent advance, the baht is the region’s second-best performer this year, thanks to Thailand’s current-account surplus, rising exports and bond inflows.

• Amundi says the nation’s low yields don’t justify the risk of investment, especially given the steepening environment in developed markets
• Eaton Vance, however, holds a long position on the baht as it finds the currency cheap

— With assistance by Helen Sun

 

[nufix]

Malaysia Says Its Armed Forces Are 'Ready' After Trump's Jerusalem Decision

read more: https://www.haaretz.com/middle-east-news/1.828035

stop jerking off dude

 

[UMNOPutra]

Malaysia says army is ‘ready’ for signal on Jerusalem

KUALA LUMPUR: The Malaysian Armed Forces (MAF) are always ready for the signal and directives from the top leadership and head of state on the issue of Jerusalem.

Defence Minister Hishammuddin Tun Hussein said the country should be prepared to face any eventuality.

"As the Defence Minister, I am confident that we will carry out any order from the supreme commander of the Malaysian Armed Forces, Yang di-Pertuan Agong, Sultan Muhammad V.

"Armed Forces chief (General Tan Sri Raja Mohamed Affandi Raja Mohamed Noor) and the MAF are definitely ready," Mr Hishammuddin, who is also UMNO vice-president, said when winding up the debate at the UMNO General Assembly 2017 on Saturday (Dec 9).

Mr Hishammuddin said the United States’ plan to make Jerusalem the capital of Israel was a slap in the face for the entire Muslim world.


Read more at https://www.channelnewsasia.com/news/asiapa...rusalem-9486682

Hishamuddin Tun Hussein Onn: The Macho Malaysian Minister of Defense


December 18, 2017

Hishamuddin Tun Hussein Onn: The Macho Malaysian Minister of Defense
By Azmi Sharom

http://www.mysinchew.com/node/118819?tid=12


The Big Talker who could be the successor to Najib Razak as 7th Malaysian Prime Minister is a Leader from the Behind. He is prepared to commit Malaysian Troops for Jerusalem to be slaughtered by the Israeli Defence Forces while he sits in the comfort and safety of his air-conditioned office in the Malaysian Ministry of Defence.

Sometimes guys get a bit emotional and they say really macho things like, I will die for such and such a cause. Well, most of the time you just shake your head and look away. Because after all, talk is cheap.

However, when you are a minister, you can’t just say macho things for the sake of it in the heat of the moment. Which is what our defence minister seemed to have done.

He said Malaysian armed forces were ready to go to Jerusalem! For what?


Why put these well trained warriors in harm’s way when our national security is not threatened? It is just macho posturing by a Malaysian senior minister. Why not let Erdogan of Turkey do it?

I know that emotions are high, particularly among Muslims, about how Trump has unilaterally declared that Jerusalem is the capital of Israel. Something that no other governments in the world want and something which everybody knows will just be further fuel for chaos.

Also, international law has declared that the status of Jerusalem remains on hold until there are proper negotiations and agreement. But then when has Trump or the Israeli government ever cared about international law that does not serve them?

Anyway, yes, it is a disgusting move by Trump. But to say we are ready to send soldiers to Jerusalem is an emotive response more likely to show the minister’s religious credentials and not his knowledge of the law.

If you are going to send troops to another country, it has to be clearly about your own self defence from imminent threat. Or, it can be as part of a UN sanctioned peace keeping mission. Or, it can be part of a UN Security Council sanctioned invasive force (again for specific purposes like maintaining international law).

You can’t just go somewhere with your military willie nilly. So, does the minister think one of the above is going to happen? I doubt it and I am sure he does too. So, what he is saying is just macho posturing.

I am totally aghast at what Trump has done and if the government is serious about opposing it, let us first identify the culprits. The US and Israel certainly. But what about the allies of the US in the Middle East? The Saudis have been real chummy with Trump. Do they have they any involvement in this foolishness?

If the government is really serious about opposing this despicable move, they best first find out who the true enemies are so that they can take whatever logical measures. This is more sincere and useful than mere macho posturing.

(Azmi Sharom is a law lecturer at Universiti Malaya.)

https://dinmerican.wordpress.com/20...-onn-the-macho-malaysian-minister-of-defense/

 

[powastick]

Why even bother, Arabs already sold out Palestine.

 

[Gibbs]

Not military, Or news on economy but just thought i'd share..


Najib falls in love with Lankan crabs, wants Ministry of Crab to open shop in KL




Comments /

1488 Views / Friday, 22 December 2017 00:00

1 59

Visiting Malaysian Prime Minister Najib Razak has fallen in love with Sri Lankan crab and wants the Ministry of Crab to open up shop in Kuala Lumpur.

After arriving on Sunday for his three-day State visit, Razak realised he was free for dinner and had suggested he liked to try the world-famous Sri Lankan delicacy of crabs. Sri Lanka’s High Commission in Malaysia A.J.M. Muzammil had swiftly suggested the Ministry of Crab, to which Najib had responded with surprise over it being a ‘ministry’.

After assuring the Malaysian Premier that he would enjoy the experience, Muzammil had made swift arrangements at the Ministry of Crab for a special dining session for Premier Razak. Ministry of Crab co-founder Darshan Munidasa was alerted of the impending arrival of a VVIP guest and was at hand to make a special dish as well.

Razak had savoured the Sri Lankan crab, with the dish he was served weighing 2 kg, and had promptly suggested that Malaysians too should enjoy the Lankan delicacy and recommended to Munidasa that it would be great to have a Ministry of Crab in Malaysia. Upon being told that crabs found in Malaysia were small in size, Razak had then suggested that the Ministry of Crab could import crabs from Sri Lanka so that more Malaysians could savour this seafood item.

In his subsequent engagements with Sri Lanka political and business leaders on 18 and 19 December, Razak is said to have made it a point to recount his Sri Lankan crab experience

http://www.ft.lk/front-page/Najib-f...Ministry-of-Crab-to-open-shop-in-KL/44-645785

FYI, The famous Singapore chili crab is actually imported Ceylonese crab

 

[lcloo]

Are these river crabs or sea crabs?

 

[Gibbs]

Are these river crabs or sea crabs?

From what i know the best are the Lagoon crabs and they grow quite large, Sea Crabs tend to be smaller with less flesh.. The best of the catch used to be exported to Singapore, But now Lankan's are claiming back their famed Crabs

One such place the Ministry of Crab where PM Najib dined is listed as one of the top restaurants in Asia

http://www.theworlds50best.com/asia/en/2017-The-List/21-30/Ministry-of-Crab.html

 

[lcloo]

Ha Ha!, Who is the wise guy! How dare he clamped a police car!

Police car clamped over illegal parking in Putrajaya

• Nation
• Thursday, 28 Dec 2017
  
  11:26 AM MYT

KUALA LUMPUR: Several men in blue were left red-faced when they found their own car clamped for illegal parking.

The traffic police patrol car was photographed illegally parked on the roadside in front of Menara Usahawan at Precinct 2 in Putrajaya on Wednesday (Dec 27).

The photo, which has since gone viral, showed the right front tyre of the white car being clamped while three uniformed policemen were seen standing around the vehicle.

The vehicle was unclamped after the policemen paid the fine. - Sinar Harian


Read more at https://www.thestar.com.my/news/nat...gal-parking-in-putrajaya/#lxL97RZaevLgWc0A.99

 

[UMNOPutra]

Welcome to Malaysia .... We will give you a "Red Carpet" for you ..
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China firms rescue 1MDB from massive debt
by ANN Desk

BANGKOK (ANN Desk) – Chinese state-owned firms help bail out Malaysia’s scandal-hit development fund: report

The Malaysian government’s scandal-hit 1MDB development fund sold assets to Chinese companies in order to repay a US$602.7 million debt to Abu Dhabi’s International Petroleum Investment Company (IPIC), according to Singapore’s Straits Times.

China’s interest in 1MDB comes as no surprise. A year ago, the Financial Times reported that China and Malaysia were in talks to rescue 1MDB, which is at the centre of official investigations in several countries including the US over accusations that Malaysia’s Prime Minister Najib Razak channelled over 2.67 billion ringgit (nearly US$700 million) from 1MDB into his personal bank accounts.

Najib is acknowledged to be “Malaysian Official 1” named in the US Department of Justice lawsuit to seize assets it says were bought with more than $3.5 billion stolen from 1MDB.

Straits Times reports that 1MDB repaid the loan last Friday by selling stakes in two 1MDB-related entities that held land in northern Penang and around Port Klang.

“Malaysian government officials declined to identify the buyers in the real estate transactions but one financial executive close to the situation said that the equity interests in the 1MDB real estate entities were acquired by ‘concerns ultimately controlled by Chinese state-owned enterprises’.

“The executive declined to elaborate,” read the report.

1MDB said it acquired 234 acres of land in prime land in Ayer Itam, Penang for RM1.38 billion in 2013, Malyasiakini reports.
Over in Selangor, 1MDB acquired a 310-acre piece of land near in Pulau Indah near the Port Klang Free Zone in 2014.
Previously, 1MDB had cited plans to develop the two parcels of land, but the plans fell apart thanks to massive cash-flow problems after the fund ran up RM42 billion ($11.73 billion) of debts.
China already has a substantial stake in 1MDB-linked asset Edra Global Energy and is eyeing projects in the formerly 1MDB-owned Bandar Malaysia, reports Malaysiakini.

The 1MDB development fund was established in 2009, soon after Najib took office.

http://annx.asianews.network/content/china-firms-rescue-1mdb-massive-debt-64131

 

[UMNOPutra]

https://www.facebook.com/

The Royal Malaysian Air Force (Tentera Udara Diraja Malaysia or TUDM)) was formed on 2 June 1958 as the Royal Federation of Malaya Air Force (Tentera Udara Diraja Persekutuan). However, its roots can be traced back to the Malayan Auxiliary Air Force formations of the British Royal Air Force in then colonial British Malaya. Today, the Royal Malaysian Air Force operates a unique mix of modern American, European and Russian-made aircraft.
Video by Bachtiar Adi April

 

[UMNOPutra]

Malaysia and Palestine ..