Thursday, December 31, 2009

New year gift from BN Government

Everybody is expecting BONUS but unluckily instead, a gift were presented...Good luck to all Malaysian...
You all know what to do when the time comes, right?

http://www.thestar.com.my/news/story.asp?file=/2009/12/31/nation/20091231192829&sec=nation 

Published: Thursday December 31, 2009 MYT 7:26:00 PM - The Star
Sugar to cost 20 sen more from Friday


PUTRAJAYA: Sugar will cost 20 sen more per kg from Friday with the new price being RM1.65 in the peninsula and RM1.75 in Sabah and Sarawak.

Domestic Trade, Cooperatives and Consumerism Ministry secretary-general Datuk Mohd Zain Mohd Dom, who made the announcement, said the Government would also withdraw its subsidy on white bread from Friday and remove the commodity from the price control scheme.

He said the increase in the sugar price was necessitated by the rise in the price of raw sugar in the world market, and that the Government still subsidised the price at 80 sen per kg or RM1bil for the year.

“The subsidy on sugar is retained and the amount is much higher than the subsidy in 2009, which was RM720mil.

"However, as the world price of raw sugar has risen high especially since August, from US 14 cents to US 16 cents per pound to US 27 cents, the Government has had to raise the price of sugar," he told reporters here. - Bernama

Friday, December 25, 2009

20 litre fuel cap rule - Another stupid move by our caring Government

There are so many flaws and they are still thinking that they are providing the best solution. I can guarantee that this move will be revoke soon... Looks like ordinary people is more intelligent than our MP's...Another flip-flop move to be by our government, isn't it?
"Alif Min Nun Wau - SARKIS":

http://www.thestar.com.my/news/story.asp?file=/2009/12/25/nation/5365535&sec=nation

Friday December 25, 2009 - The Star
Credit card way to bend 20-litre fuel cap rule


SOME Singaporeans have quickly found ways to circumvent the ruling allowing foreigners to buy only 20 litres of petrol within 50km of the border.

Sin Chew Daily reported that they would use credit cards issued by Malaysian banks to fill up.

Another way was to pay cash for the first 20 litres and use their credit card for the rest.

A third method was to fill up 20 litres from one petrol station and proceed to another for another 20 litres, reported the daily.

Some Singaporeans would fill up at a petrol station and return 15 minutes later to pump petrol again.

A petrol station employee in Tebrau said there was no way to check if the Singaporeans had already gone to a petrol station to fill up before they go to another petrol station.

Wednesday, December 23, 2009

Onother bad decision causes Million of tax payer's money wasted into ashes

Do you still remember that the government had purchased the indelible ink during the 12th. General Election in 2008? After all, they refused to use it by giving ridiculous reason... and it's now burnt to ashes.... What another waste of tax payer's money....

http://thestar.com.my/news/story.asp?file=/2009/12/23/parliament/5353433&sec=parliament
Wednesday December 23, 2009 - The Star
Indelible ink incinerated, Liew tells dewan

THE indelible ink bought for use in the 12th general election has been disposed of through incineration.

Deputy Minister in the Prime Minister’s Department Datuk Liew Vui Keong said this was the prescribed procedure stated in the Government Regulations.

Liew said the ink could not be used due to security and legal problems.

The stock was disposed of on Nov 25, he said in a written reply to a question by Senator Tunku Abdul Aziz Tunku Ibrahim on the status of the indelible ink.

There had been plans to sell the ink but it could not as their expiry date had passed.

On inquests that had not been carried out or were postponed, Liew said the proceedings encountered problems related to absent witnesses or those who could not be traced.

“No specific action is taken to speed up the inquests besides issuing arrest warrants for witnesses,” he said in a written reply to another question by Tunku Abdul Aziz.

EPF for self employed - Is it effective?

There is no strict rule and it's up to the contributors whether to contribute on monthly basis or whatever they have... Even the current EPF average also depleted within 3 years after retirement, but I don't know what is the purpose of this.... "Buat Main-main and then tarik balik".... Looks like "Flip-Flop from previous regime is going to remain"....sigh....

http://thestar.com.my/news/story.asp?file=/2009/12/22/nation/20091222194927&sec=nation

Published: Tuesday December 22, 2009 MYT 7:45:00 PM - The Star
EPF rolls out 1Malaysia retirement scheme for self-employed


KUALA LUMPUR: The Employees Provident Fund (EPF) will launch the 1Malaysia Retirement Saving Scheme on Jan 3 next year to help the self-employed cope with income inadequacy during retirement.

EPF chief executive officer Tan Sri Azlan Zainol said the scheme, announced by the Prime Minister during the tabling of the 2010 Budget in October, was to care for the welfare of all strata of the self-employed who had no formal retirement saving scheme.

It was designed to provide these individuals without a fixed monthly income with a degree of financial security in their old age, he said in a statement here Tuesday.

The scheme is open to self-employed individuals such as hawkers, night-market traders, real estate earl tate agents, freelancers like disc jockeys and fitness instructors, singers and actors and online business owners.

”The Government is sensitive to the fact that adequate retirement savings remains a major concern for all Malaysians and in particular the self-employed, especially those without a fixed monthly salary.

”The 1Malaysia Retirement Saving Scheme offers this select group of contributors tremendous flexibility in determining how much they could afford to save for their retirement,” he said.

Azlan said that unlike the conventional EPF saving scheme, the amount contributed into the 1Malaysia Retirement Saving Scheme was entirely at the contributor’s discretion.

”Contributors can opt to set aside a minimum of RM50 or a maximum of RM5,000 per month as their retirement savings. Contribution is voluntary and contributors are also not required to contribute savings on a monthly basis but rather what and when they can afford to.”

He said contribuotrs would receive annual dividends declared by the EPF, in addition to a 5% contribution from the Government subject to a maximum of RM60 per year over the next five years from 2010-2014.

Those interested to apply for the scheme can fill the KWSP 16G (1M) Form which is available at any EPF branch nationwide or download from the myEPF website at www.kwsp.gov.my from Jan 3 onwards. The forms are to be returned at any EPF branch or by mail.

However, individuals who are not EPF members have to register with the EPF first by completing KWSP 3 Form and submitting it to the EPF before applying for the scheme.

Existing EPF members, who turn self-employed, are also eligible and may opt for this new scheme.

Savings for the scheme can be deposited via cash or cheque using the KWSP 6A(2) Form at any EPF Payment Counter nationwide and withdrawals are governed by the present EPF withdrawal procedures and conditions.

Further information can be obtained by visiting the nearest EPF branch or EPF Call Centre at (03) 8922-6000 or the EPF website. -- Bernama

Jet engine goes missing: What a shame to Malaysia!

It's not one jet engine that goes missing, but two..... and the worse is, it happens in 2007...
until now, there is nobody prosecuted... What a type of security that we are talking about?
US will start to enquire as they want to know where the engine is being sell to, as they afraid the engine will be pass to the UN's sanction country such as Iran.... looks like the case will not end in short of time...
In Japan, if it is the case, either the minister will resign or commit suicide...but in Malaysia, the minister keep pretending that they are in correct path... What a shame to our nation.....

http://thestar.com.my/news/story.asp?file=/2009/12/22/nation/5345668&sec=nation

Tuesday December 22, 2009 - The Star
PM: Fighter jet engine reported stolen to cops
By DHARMENDER SINGH


No cover up over missing jet engine

PUTRAJAYA: There is no cover-up of the theft and sale of the RM50mil fighter jet engine last year, said Prime Minister Datuk Seri Najib Tun Razak.

He said the Defence Ministry and Royal Malaysia Air Force reported the theft to the police immediately after it was discovered and co-operated fully with the authorities to ensure that the matter was thoroughly investigated.

“To the credit of RMAF and Mindef, there was no intention of covering up (the theft) at all. I was the minister in charge at the time and I decided it should be reported to the police.

“Mindef took the position that we have to address this and take the necessary action, even criminal action, against those involved,” he told reporters after a special meeting with the Malaysian Industry-Government Group for High Technology and chairing the Malaysian Aerospace Council meeting yesterday.

It was reported that a General Electric J85-21A after burner turbojet engine – the power plant for the single-seater F-5E Tiger 11 and RF-5E Tigereye – was discovered missing from the Sungai Besi RMAF airbase during a routine maintenance service. Also missing were its maintenance and service records.

It was reported that a brigadier-general and 40 other armed forces personnel had been sacked over the incident.

Defence Minister Datuk Seri Zahid Hamidi later said it was an inside job.
Aiming for greater heights: Najib being briefed at the launch of the Malaysia High Technology Industry Report at the Prime Minister’s office in Putrajaya Monday.

On why the brigadier-general continued to receive his pension and other retirement benefits despite having been sacked, Najib said such decisions would depend on the wrong that was committed and that it would be up to the armed forces to decide.

He said it would be better to wait for the full report on the incident to be completed.

Earlier, Najib said the Government would provide financial and tax incentives to companies involved in the aerospace industry after it recorded an 11% annual growth over the last five years.

He said the Malaysian Aerospace Council meeting agreed with a Finance Ministry proposal to provide the incentives for companies involved in research and development, system integration, manufacturing and assembly, general aviation, aerospace training, certification and maintenance, repair and overhauling.

Najib said the proposal for the incentives was made after looking at the tremendous growth of the industry which also recorded a 300% jump in the total investment in the last three years.

He said the industry, which employed about 54,000 people, registered a turnover of RM25bil last year.

He said re-investments and new investments totalling RM1.4bil were expected to create an additional 2,700 jobs.

He added that a detailed announcement on the incentives would be made soon.

Saturday, December 5, 2009

Another burden to all Malaysian in 2010 - GST

Taken from The Star:

Saturday December 5, 2009 - The Star
Taxing time for Malaysians


A 4% GST is still too much for many Malaysians in view of the small monthly salary we get for doing the same work compared to people working in Singapore.

Workers in Singapore are paid five times or more. Though they pay 7% GST, it’s negligible to them because they get paid “fat” salaries.

With costs of living escalating over the years, Malaysians are feeling the pinch harder and harder and, besides, getting only a 5%-10% annual salary increment is too little and insignificant. Thus it is difficult to accept any more new taxes like the GST.

That means the rakyat has to tighten their belt further when the 4% GST comes into effect, because unlike the existing 5% Government Service Tax which applies only to certain establishments whose yearly income exceeds RM2mil, we will soon have to pay a tax for everything we use, eat and drink.

When you buy an electrical item with your credit card, some merchants will bill you an extra 2% to cover the bank charges.

So the total amount for the item with 4% GST will come up to 106%. A 6% charge is a lot to pay for a high-end item. This is not good for business as it will drive away the less affluent customers.

Apparently that is why there are so many small restaurants mushrooming in recent years in major townships – to avoid having to pay the 10% service charge and 5% government tax as well as for tipping waiters.

We still have a long way to go to reach developed nation status, so why not exempt foodstuff, medical fees/charges and public transport from such taxes for now? Exemptions should also be given for school books, education materials, computers, reading glasses, equipment for handicapped and invalid people, and essential medicines.

These goods and services are needed by ordinary folks who usually cannot afford to pay for them with their small incomes. With the 4% GST, these items will be beyond their reach.

Of course the Government should also do something concrete to help Malaysians get higher pay. Start with keeping abreast of employees in Singapore before we jump on the bandwagon of developed nations.

For now there is no rationale for a 4% GST across the board, because the poorer Malaysians will become even poorer and find it more difficult to make ends meet.

We also need to know specifically where the new revenue is going to. Simply put, the majority of the rakyat is not ready to shoulder the 4% GST.

LAU BING,
Subang Jaya.

Tuesday, December 1, 2009

Malaysian giving up citizenship on the rise

Why this thing could happen in the country so called "the best"? Lu pikir la sendiri.....

http://www.themalaysianinsider.com/index.php/malaysia/45137-number-of-ex-malaysians-doubles-in-2009-

Two-fold increase in Malaysians giving up citizenship - The Malaysian Insider 

By Lee Wei Lian
KUALA LUMPUR, Dec 1 – The number of Malaysians who surrendered their citizenship has almost doubled in this year, according to Deputy Foreign Minister Senator A. Kohilan Pillay, who revealed today that about 3,800 Malaysians have given up their citizenships to date compared to 2,000 last year.
This figure, however, is much smaller than the 304,358 Malaysians who were reported to have migrated from March 2008 to August 2009.
Kohilan clarified that the number of “Malaysians who migrated” consists of those who are working abroad and registered with the respective Malaysian embassies.
There was nevertheless a sharp rise in the number of Malaysians who registered themselves as having moved abroad with 210,000 of them doing so from January to August this year compared with 94,000 from March to December 2008.
He also said that between 45 to 55 per cent, or roughly half, of the Malaysians working abroad are professionals.
The volume of Malaysian talent moving abroad is a potentially damaging brain drain and a matter of concern as the country is attempting to remake itself into a developed high-income nation.
The most common reasons given for migration were better education, brighter career or business prospects and marriage.
Kohilan also pointed out that the government is taking some steps to attract talent to the country, including making it easier for foreigners with desired expertise to obtain permanent residence.
Kohilan, who is from Gerakan, also criticised the Penang state government currently under Pakatan Rakyat, saying that they should stop using the shortage of engineers an excuse for the recent loss of an RM10 billion electronic factory investment and should instead find ways to overcome it.
“Penang should not blame others if there is no investment,” Kohilan told The Malaysian Insider. “What professionals would want to stay there if there is only push factors? There must also be pull factors. They must think wisely and make sure the state also has pull factors.”
Kohilan said that there was no breakdown by race for Malaysians who have moved abroad but some migration agents have noticed a rise in applications from Malays to migrate over the past few years.
Robert Chelliah, who runs a migration consultancy in Petaling Jaya says that he has seen a noticeable increase in interest among Malays to move to Australia.
“These are educated Malays and they feel frustrated with the system of governance and they have a global frame of reference to make comparisons,” he said.
“Generally, the push factor from Malaysia has been on the rise ... people feel pushed away from the country. They feel alienated and they feel that their prospects are limited by factors that they have no control over,” he added.
According to Kohilan, Australia had the most number of Malaysians registered with the Malaysian embassy with 274,000 and the US second with 31,000 and Taiwan third with 14,000.
He added that there were about 50,000 Malaysian students now studying abroad.