Sunday, February 28, 2010

Things that you never dream of under Barisan Nasional

Although RM100 is not  a big amount, it shows that we have state government that really cares......... a good gesture that you never dream of under previous government.....

Penang senior citizens, have you registered to get RM100? 


Let's see what UMNO will spread rumours about this again.......We heard that UMno opposition leader has gone around telling people that if one register their name means that they are registered as DAP member...what an idiot talk.....

Penang senior citizens to get RM100 annually

PENANG, Feb 28 — The state government will distribute aid of RM100 annually to each senior citizen in Penang who are eligible and aged 60 and above beginning April.
Chief Minister Lim Guan Eng said the aid, given under the Senior Citizens Appreciation Programme, was one of the efforts initiated by the state government to assist and appreciate the elderly.
“There are 132,000 senior citizens in the state but only 62,000 had registered at the State Assemblymen’s Service Centres to receive the aid and according to the statistics, the areas with the most number of senior citizens are in the North-East and Seberang Perai Utara districts,” he told reporters, here today.
Lim said that beginning tomorrow until March 8, senior citizens could check the name register and their personal particulars in the website which was launched today. — Bernama

Friday, February 26, 2010

Even Malays leaving Tanah Melayu !!!!!!!!!!!! Very sad......

Umno veteran and Gua Musang MP, Tengku Razaleigh Hamzah laments the state of affairs in the country. - Picture by Choo Choy May

Quotable Quote By Ku Li on " Even Malays Leaving Tanah Melayu"

“Something must be wrong in this so-called Malay Land (Tanah Melayu) when they (Malays) are leaving.”  

“There are many Malays in London who are professionals, making good money, who will not return because the environment is not right in Malaysia.”

“Investors and tourists are wondering what’s happening in Malaysia, at a time when we need investments, capital and jobs for our young who are also increasingly finding it difficult...”

“Of course people will come if there’s free food but it’s not genuine.”

“Even my wife is afraid to go out. Why should we be afraid in our own country?”

“Now that the submarine can dive, we’re not sure if it can come up again.” 

“Malaysia is only a small market compared to New York, but because people are corrupt they allow drugs to flow in.” 

“These are signs of decline which were never here before,” he concluded.

Read the full articles in  The Malaysiainsider.............

Wednesday, February 10, 2010

Malaysia veering towards instability, says PERC

By Lee Wei Lian

Malaysia needs to get its house in order to entice foreign investment and equities into the country. - Reuters pic
KUALA LUMPUR, Feb 10 — Events since New Year’s Day have given the Hong Kong-based Political and Economic Risk Consultancy (PERC) the impression that the situation in Malaysia is becoming increasingly unstable.
In a blistering report on Malaysia released at the end of January, PERC also asserted that a group of elite minorities were dominating the national agenda to the extent that it was hurting Malaysia’s attractiveness to investors.
The consultancy, which also publishes reports on the risk ratings of other Asian countries, said it is “probable” that no other Asian country is suffering from as much bad press as Malaysia. Among the developments that caught its attention were the theft of military jet engines, detention of terror suspects from a number of African and Middle East countries following warnings that Islamic militants were planning attacks on foreigners at resorts in Sabah, renewed ethnic and religious “violence” that included arson at some churches and desecration of mosques, and controversy over the integrity of key institutions like the judicial system in the sodomy trial of opposition leader Datuk Seri Anwar Ibrahim.
“Events of the past month give the impression that pressures are building and the entire situation is becoming much more unstable,” said PERC.
The report noted that the government is blaming the international media for exaggerated reporting and Prime Minister Datuk Seri Najib Razak had argued that the focus should not be on the fringe groups that are causing problems but on the majority of Malaysians who are coming together to condemn the recent acts of violence following the ‘Allah’ controversy. But PERC maintained that the root of the problem was a vocal minority that is dominating the national agenda.
“Mr. Razak’s attempt to put the best spin on a bad situation is understandable. He is fighting for his political life and is trying to stop the erosion in confidence in Malaysia’s prospects,” said PERC. “However, he is wrong in saying that Malaysia is being defined by the way the majority of the population are coming together. It is being defined by the ability of a minority to dominate the political agenda, shaping policy and compromising the reputation of key institutions in ways that hurt Malaysia’s reputation as a stable, attractive place for foreign investors.”
The report also said that while Islamic activists which are “threatening Malaysia’s secular credentials” are getting the widest coverage, it was the Umno elites, described as “a fringe group of insiders who have been able to profit disproportionately from the policies of the ruling coalition” that deserved the most attention.
“They are threatened with a loss of political power that could also impinge directly on their substantial business interests. Malaysia’s future will be determined largely by the tactics this group of insider elites resort to in order to stay in power and the success of those tactics. Their commitment to democracy is a major question mark. If they blatantly manipulate the system in order to remain in power, the public backlash could be worse than anything Malaysia has seen in its modern history.”
PERC added Najib’s strategy is looking “increasingly unworkable” as a way to defuse pressures in the country.
He is trying to be all things to all people, but in the end he might satisfy no one,” it noted.
Malaysia’s risk index as calculated by PERC rose slightly from 5.24 out of a possible maximum score of 10 in December to 5.4 in January. It however, remained well below the risk index in January last year which stood at 6.42. Countries that score higher on the index are deemed to have a higher level of risk.
The PERC report comes as the Najib administration is grappling with a budget deficit and is trying to formulate a new economic model in which private investment plays a bigger role in driving the economy towards developed status.
The consultancy pointed out however that even if the opposition were to be in charge come the next election, foreign investors and others would wait and see if the opposition could govern the country effectively.
“So far the only thing uniting these (opposition) parties is their opposition to the ruling coalition, not matters like dealing with Malay entitlements, the extent that there should or should not be a broader Islamisation of Malaysia, or an economic programme for promoting the country’s development,” said PERC.
PERC maintained in its report that foreign investments into Malaysia have not been forthcoming, either in direct form or in the equity markets.
“Foreign companies and investors are remaining cautious until they see how Malaysia gets its own house in order,” it added.

Saturday, February 6, 2010

Racist Demonstration in Penang

First we heard some parties labelled  Indians as beggars, Chinese as prostitutes , not enough they are discriminating Chinese leaders by politicise illegal traders issues as racial issues when the fact is that most illegal traders caught are Chinese. If the current trends unchecked, these barbarian may politicize issues when Malay/Chinese/Indian are caught by police due to illegal act and twist it as racial issues......

We are really sad that Malaysia is progessing in a wrong direction due to the personal motive of certain politicians......   What a bad taste!!!!!!!!!!!!!!!!!!!!!!!!!!!  

Thursday, February 4, 2010

Approved factory investments in Malaysia dropped by 50% in 2009


Not suprise to me as our beloved government busy politicking in 2009 .......Power grabs in Perak in 2009 , pendatang issues, Allah issues, TEO Beng Hock issues all are still fresh in our mind .... economy issues ? who cares.....

Not enough  with the above, we are supplied with SODOMEE first thing in the morning ....

Do not believe ? just open the news paper every morning....... 

I can only say GOD bless you Malaysia....

MALAYSIA’S approved factory investment declined in 2009 as companies delayed projects amid a global economic slump.

Approved investments dropped by about half to RM32.6 billion last year, Malaysia’s International Trade and Industry Minister Mustapa Mohamed said in Kuala Lumpur today. That compares with RM62.8 billion in 2008. Foreign investment more than halved.

“The global economic environment in 2009 was very challenging as a result of the financial crisis which commenced in the U.S. in 2008,” Mustapa said. “Malaysia’s economy also succumbed to these unfavorable global developments.”

Prime Minister Najib Razak eased investment rules last year to attract funds amid the Southeast Asian nation’s first recession in a decade. The country still faces competition for investments from the rest of the region even after liberalizing some services industries, including banking and insurance, Mustapa said in August.

Malaysia approved RM36.3 billion of services investment last year, of which RM32.95 billion was from domestic sources, Mustapa said. Investments in services were led by the transport and energy industries, he said.

In neighbouring Singapore, the government expects to attract fixed-asset investments of between S$10 billion ($7 billion) and S$12 billion in 2010, from S$11.8 billion last year.

Economy Shrank

Malaysia’s economy probably shrank 3 per cent last year, Mustapa said today. The government is confident of 5 per cent growth in gross domestic product this year, Second Finance Minister Ahmad Husni Hanadzlah said last week. That’s higher than its official growth forecast of 2 per cent to 3 per cent.

The nation’s private-sector investment is weak for an investment-grade country and there is little upward pressure on its credit rating because of the “lack of dynamism,” Thomas Byrne, senior vice president at Moody’s Investors Service in Singapore, said in a Jan. 27 conference call.

The government’s attempts to increase investment may be hurt by a spate of inter-faith disputes in the country of 28 million people.

Acts of violence were reported against at least 11 Christian institutions, one Sikh temple and two Muslim prayer rooms last month following a High Court judge’s decision to allow a Catholic newspaper to refer to God as “Allah” in its Malay-language section.

Foreign Investment

Foreign companies accounted for RM22.1 billion of the approved investments in manufacturing last year, Mustapa said. That compares with the record RM46.1 billion in 2008. Of the 2009 foreign investment, RM16.4 billion was for new investments, and the rest for expansion and diversification, the minister said.

Domestic manufacturing investments approved totaled RM10.5 billion in 2009, Mustapa said. That compares with the RM16.7 billion reported earlier for the previous year.

Japan was the biggest investor in Malaysia’s manufacturing industry last year, accounting for RM5.6 billion, followed by Hong Kong, the U.S. and Singapore, Mustapa said. Manufacturing of chemicals and chemical products lured the most investment. - Bloomberg

Wednesday, February 3, 2010

Fxxx you Nasir Safar!!!!!!!!!!!!!!!!!!!!!!!!!!


"Indians came to Malaysia as beggars and Chinese especially the women came to sell their bodies"

Again and again Chinese and Indians are getting  derogatory remarks for the ruling party and this time the words coming from special assistant to our honourable PM Nasir Safar.........    

I want to repeat the word is not coming from ordinary citizen but special assistant to PM

While his boss is running around promoting " One Malaysia", his little pharaoh  are going around hurting Indians and Chinese with such a uncivilisied words not once but again and again.....

Do you still believe there is  "One Malaysia" in our Bolehland.......

Tunggu lama-lama lah!!!!!!!!!!!!!!!!!!