Saturday, February 28, 2015

Fuel prices up again - stop complaining!

Our fuel prices go up again.

Please do not complaint. The world price takes effect here and everywhere, and stop blaming the government.
KUALA LUMPUR: The price of RON95, RON97 and diesel will increase by 25 sen as of 12.01am tonight.The Domestic Trade, Cooperatives and Consumerism Ministry, in a statement Saturday, said with the increase, the price of both RON95 and diesel is RM1.95 per litre while RON97 is priced at RM2.25 per litre.Minister Datuk Seri Hasan Malek, said the price was determined based on the average cost price of the product during February 2015 and currency exchange rates.He said the government will monitor the market price development of the products' costs and currency exchange rates every time to set the retail price of petrol and diesel for the following months.
The 'classic' argument that we should lower our prices because we also produce petroleum contains no logic.

Even Petronas - like other oil and gas conglomerates worldwide - is reeling for the slipping prices.

Petronas posted net losses of RM7.3bil in the fourth quarter ended Dec 31, 2014 due to significant assets impairment losses recognised as a result of reduced crude oil price forecasts as well as lower revenue generated for the quarter.

This was the first quarterly loss for the national oil corporation since it adopted the quarterly reporting format five years ago.

Petronas said on Friday the impairments totalled RM22.6b, which was a non-cashflow item, due to value of assets changing.

Petronas said its revenue for Q4 of FY14 was RM79.4bil, a decline of 6% from the RM84.8bil in 2013.

“The decrease in the current revenue was primarily due to lower average realised prices for all products in line with the downward trend of benchmark crude oil price. Dated Brent in the current quarter, negated by higher crude oil, liquefied natural gas and petrochemical products sales volume,” it said.

For the financial year ended Dec 31, 2014, Petronas posted lower net profit of RM47.6bil, down 27% from RM65.6bil in FY13, primarily due to the significantly higher assets impairment losses recognised and higher net depreciation and amortisation expenses in 2014. EBITDA for the year was RM125.3bil, an increase by RM1.9bil compared to 2013.

However, its revenue was higher at RM329bil compared with RM317.3bil in FY13. It said the higher revenue was mainly due to higher crude oil production volume from Iraq and domestic fields, higher LNG and processed gas sales volume and coupled with the effect of the favourable US dollar exchange rate movement against the ringgit, partially offset by lower average realised prices for most products.

So, my advice to those critics out there: do acquire some knowledge before hitting out at anything!

Who gets the contract?

Before the Opposition starts firing at Putrajaya, let me start by asking some 'stupid questions'.

(Yes, we need to boost national security, especially in ESScom region). However, the government must make it clear:

- who gets the contract?
- which company and is it related to any minister or their family members and friends?
- what's the value of purchase?
- how much is the kickback and commission (if any)?
- when is the first delivery?
- was it tendered out?
- the type/make and cost per unit, delivery and other cost
- why did we choose the US when other countries produce better boats?
SANDAKAN, Feb 28 (Bernama) -- The Eastern Sabah Security Command (ESSCom) would be getting 12 boats from the United States of America to boost its asset strength.
Defence Deputy Minister Datuk Abdul Rahim Bakri said the contribution followed a number of agreements signed between Malaysia and the U.S. last year.
The agreements were signed during U.S. President Barack Obama's visit to the country, he told reporters after visiting the Pulau Berhala army camp near here, Saturday.
He said the boats were currently being modified according to the specifications required by ESSCom.
Abdul Rahim, who is also Kudat member of parliament, said a proposal to build an army camp in Kudat, under the 11th Malaysia Plan, was also being considered.
"Hopefully, we can secure an allocation for it, and further reinforce ESSCom's defence," he said.
I'm not offending anybody, right?

However, I was told that it costs almost RM1 billion and we could have saved half of it had we placed an order from other countries.

I'm just trying to 'safe' the government by posting this. So, please be transparent!

MH370: Framing Putin?

So many prophecies, too many theories. But no substance.

From South China Sea to south Vietnam, from Diego Garcia to Andaman, southern Hindi Ocean to the Antartica and latest from Israel to Kazakhstan.

Those making such claims are aviation experts, aviation journalists, retired pilots and even some shamans.

Which one? Almost a year after Malaysia Airlines flight MH370 disappeared, we keep getting more of these 'nonsense', none of which carries tangible proof. All are mind simulation.

And latest, Russian President Vladimir Putin came into the picture - that he ordered the plane to be hijacked and flown to Kazakhstan.
Vladimir Putin ordered Russian special forces to hijack Malaysia Airlines flight MH370 and fly it to a spaceport in Kazakhstan, an aviation expert who appeared on CNN has claimed.Jeff Wise, a private pilot and science writer, became a familiar face during the US news channel’s coverage of the plane’s disappearance last year and continues his research into the mystery.He has extensively blogged on the subject and wrote a book called The Plane That Wasn't There outlining his theories.Malaysia’s Department of Civil Aviation declared the plane’s fate an “accident” last month, saying everyone on board had died when it crashed into the sea after running out of fuel.Although British satellite company Inmarsat’s data concluded that the Boeing 777 went down in the Indian Ocean, Mr Wise contends that the navigation data was “spooked” to disguise the fact it few north.READ MORE: MH370 DISAPPEARANCE DECLARED AN 'ACCIDENT'17 POSSIBLE EXPLANATIONS OF WHAT HAPPENED TO MISSING PLANENINE THINGS WE MAY NEVER KNOW ABOUT MH370He admits he has “no idea” why the Russian President would want to “steal a Malaysian passenger plane?”“Maybe he wanted to demonstrate to the United States, which had imposed the first punitive sanctions on Russia the day before, that he could hurt the West and its allies anywhere in the world,” he wrote in New York Magazine.
More and more madness!

What's their motive, anyway? To wedge a war between Malaysia and Russia or between Russia and the West?

With the US and its Western allies pointing fingers at Russia over the shooting down of Malaysia Airlines flight MH17 last year, Putin looks like the perfect 'scapegoat' to unravel the two biggest aviation mysteries.

The new theory is fast and well-supported by the West, notwithstanding its international and domestic diplomatic effect.

Friday, February 27, 2015

How is Lee Kuan Yew?

Lee Kuan Yew, Singapore’s hardline first prime minister and the man widely credited with its economic success, was on mechanical ventilation in intensive care, the government said on Thursday.

Lee, who turned 91 last September, was admitted to hospital on 5 February with severe pneumonia.

“His doctors have restarted him on antibiotics and are continuing to monitor him closely,” the statement said.

Thursday’s statement came after rumours spread on social media on Wednesday night that Lee may have died.

Lee has receded from the public and political scene but his health is watched closely as he is still seen as an influential figure for the government of the current prime pinister, Lee Hsien Loong, his oldest son.

The government did not issue any statement overnight but the state-owned ChannelNewsAsia and the pro-government Straits Times newspaper published stories that the rumours were untrue.

The country’s manpower minister, Tan Chuan-Jin, posted on Facebook about the rumours. “Do continue to pray for his recovery,” he said late on Wednesday.

Lee, a Cambridge-educated lawyer, is widely credited with building Singapore into one of the world’s wealthiest nations on a per capita basis with a strong, pervasive role for the state and little patience for dissent.

He co-founded the People’s Action party, which has ruled Singapore since 1959 and led the newly born country when it separated from Malaysia in 1965.

In a book published in 2013 Lee said he felt weaker by the day and that he wanted a quick death.

NOTE: I met LKY 'one-on-one' twice in 1985 and 1989, in Singapore and Manila respectively, for interviews. He said nothing about the separation but more of hopes for our two nations to prosper together and forgetting the 'pain'. May he recover...

Thursday, February 26, 2015

Another stupid Malaysian dies

The escalating conflict between  Islamic State (IS) and the Syrian government has taken its sixth Malaysian life with the death of militant Abdul Samad Shukry Mohamad, 55, also known as Abu Aisyah.

Sorry to say, you choose to 'mati katak', so you die that way.

The world is against IS, Islam too has declared IS has nothing to do with the religion but there are still some morons who being duped into it, all because of 'mati syahid'.

According to The Star Online, Abu Aisyah, a former Jemaah Islamiyah member, died after sustaining injuries five months ago in a bombing attack by forces backing Syrian president Bashar Assad.

This comes in the wake of the death of fellow jihadist Mohd Lotfi Ariffin, 45, who died on September 9 after falling into a coma from injuries sustained during an ambush on rebels in east Hama.

Mohd Lotfi was a former member of Kedah PAS, but was sacked earlier last year for his involvement with militancy.

A fellow fighter who went by the name of Abu Talhah described Mohd Lotfi as a seasoned jihadist who had allegedly fought before in Tajikistan and the Maluku Islands.

Both former ISA detainees, Abu Aisyah and Mohd Lotfi were good friends, having arrived together in Syria on February 1 last year.

The government should step up surveillance on such activities and monitor the movement of some people going to the Middle East.

Cooperation with other countries, especially in Asean, could help filter such movements.

Malaysia and Indonesia today agreed to cooperate and share intelligence information, besides monitoring the movements of members of the Islamic State (IS) militant group who have fought in Syria and Iraq, as well as the social media.

Defence Minister Datuk Seri Hishammuddin Hussein said Malaysia and Indonesia's role in this was important and critical as together, both countries had the biggest Muslim population in the Asean region.

"The IS threat is real and considering the current situation in Iraq, Syria and a few other countries, it's not impossible for the IS threat and ideology to spread in the region.

"This region has several hot spots that can be used to spread the IS ideology," he said at a news conference in conjunction with Indonesian Defence Minister Ryamizard Ryacudu's visit to the Malaysian Armed Forces' Wisma Perwira in Kuala Lumpur.

A lame excuse

We (actually it's PM Najib) have decided not to contest the Chempaka state seat in Kelantan.

No, not because we are not ready but  its PAS stronghold. Former mentri besar the late Nik Aziz Nik Mat was a formidable leader not only for his constituents but for many Malays (even many Umno members and supporters respect him).

In my opinion, Najib himself will lose in Chempaka even if PAS fields a 'political novice' to defend the seat (sorry Mr PM, you may agree).

We are no coward or 'pengecut', right? We are aware of the losing factor and contesting would be a waste of effort! I hope BN and Umno supporters can accept this 'excuse' not to contest Chempaka.
KUALA LUMPUR, Feb 25 (Bernama) -- The Barisan Nasional (BN) will not be contesting the Chempaka by-election in Kelantan but instead will focus on post-flood relief work in the state, said Prime Minister Datuk Seri Najib Tun Razak.
He said this was because post-flood relief work was in the process of being implemented to help the flood-victims.
"There are still many more floods victims deserving help and have not received assistance. We are making this our highest priority," he said after chairing an UMNO Supreme Council meeting here tonight.
Najib, who is also BN chairman and UMNO president, said apart from this, it (skipping the by-election) was also to ensure the people's solidarity was strengthened.
Although the people in Kelantan were divided by differing political ideologies, the solidarity of the "ummah" (people) was seen as an important agenda,' he said.
The Prime Minister said a similar decision was taken by the BN for the Bukit Gelugor parliamentary by-election in May 2014.
"So, we not necessarily have to put up a candidate (for by-elections)... it depends on the circumstances," he said.
Najib said a thorough discussion had been made with the Kelantan UMNO state Liaison Committee and the Pengkalan Chepa UMNO division before taking the decision.
The Chempaka state seat fell vacant following the death of the incumbent assemblyman Datuk Nik Abdul Aziz Nik Mat due to prostate cancer on February 12.
In the 13th general election, Nik Aziz, who was PAS's spiritual leader, won the seat with a majority of 6,500 votes.
The former Kelantan menteri besar obtained 12,310 votes while BN candidate Wan Razman Wan Abd Razak garnered 5,810 votes.
The Election Commission has set March 10 for nomination and March 22 for polling.
On the Permatang Pauh parliamentary seat, Najib said UMNO would wait for the Election Commission's (EC) decision following the decision by the family of the incumbent Datuk Seri Anwar Ibrahim to petition for a Royal pardon over his sodomy conviction.
However, any decision yet on Permatang Pauh parliamentary seat that belongs to Anwar Ibrahim? If we skip this too, then we are a real 'pengecut'.

BN, especially Umno must proof that Anwar is not anymore 'the man' for Malaysia. After convicted over his sodomy case, Malaysians - the Permatang Pauh voters especially - must be waked up to accept the fact that their choice of leaders all this while was wrong.

But how are we going to do that? I bet PM's advisers - few who lost their political seats and Cabinet positions - are able to help Barisan Nasional!

Prior to next general election, they should prepare a list of 'Contest' and 'Not Contesting'. BN will only place its candidates in 'Sure Win' seats, skip 'Sure Kalah' and weigh the '50-50' ones. Better, right?

Wednesday, February 25, 2015

Tun Razak was not rich

The family of the late Tun Abdul Razak has refuted speculation over the inheritance left by the former prime minister.

In a statement on Tuesday, four of the former PM's sons – Datuk Johari Razak, Datuk Nizam Razak, Datuk Seri Nazir Razak and Datuk Nazim Razak – had referred to their father as a highly principled man who was known for his frugality.
“We are extremely concerned that some recent news ​articles and postings​ have given rise to speculation as to the nature and extent of the inheritance that our​ late​ father, Tun Abdul ​R​azak​, ​had ​left​ behind.
“We wish to put on record that he was a ​highly ​principled man, well known to all ​who knew him ​for his frugality and utmost integrity​ and any statement or inference to the contrary would be totally false and misleading to his memory and to his service and sacrifices for the nation,” the statement said.
The family went on to say that it takes issue with anyone who taints the memory of Tun Abdul Razak.
“We would also like to add that our whole family is united on this issue,” the family said.
The statement comes in the wake of an article in The New York Times, which had speculated on the family’s wealth.
 Agree. The late Tun was never rich, Malaysians are aware of that.

However, his four sons may be rich (I don't know but what's wrong with that since they work hard for it).

I just don't wanna comment any further...