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Archive for the ‘Ekonomi / Economy’ Category

Breaking The Silence: Truth And Lies In The War On Terror [Full]

In Afghanistan, Amerika, Diplomasi, Ekonomi / Economy, Environment, Gas / Oil, History, Iran, Iraq, Israel, Military, Nuklear, Politik / Politic, Propaganda US, Sosial Politik, Technology, War, World on June 10, 2011 at 2:55 pm

Libya Under Attack!!!!

In Amerika, Diplomasi, Ekonomi / Economy, Gas / Oil, Iran, Iraq, Libya, Military, Palestine, Perisikan / Intelligent, Politik / Politic, War, World on March 22, 2011 at 4:49 pm

As i read a news lately, the new world war against “leadership” happened again in Muslim country. Yes, Libya!!!.

Why Libya this 2011? Its because of the reformation made by their peoples which is against  government of Libya? and the counter attack by the government army has attract attention of world so called “police” – Britain, France & US. Why this three countries has so much concern on Libya minority people who want the Libya Leader to step down from his position? I don’t think so.

As we can see, this riot has “secret agenda” . The agenda is to used the minority of opposition peoples to launch attacked against Libya Government. while the real “fire” behind all of this mess is comes from B.F.US. This three police has used UN to make their attack became LEGAL. These police who are really want Gadaffi to step down. As soon as he out of his position. Then these three polices will initiate their propaganda and agenda to control over this nation.

As we knows, few years back. Gadaffi is a strong leader and the West Country are afraid of him. Now, it is the time for them to pay back in LEGAl WAY!!!.

p/s: I hope the Islam Republic of Iran able to defense their country and i really hope that the rise of Iran in Middle East will bring more security and eliminated the West influence on OIL and GAS in the Middle East.

Japan earthquake live blog: Death toll rises amid widespread destruction

In Ekonomi / Economy, Emergency, Environment, Japan, Nature Disaster, Nuklear, Tsunami, World on March 13, 2011 at 12:30 pm

An 8.9-magnitude earthquake hit northern Japan today, triggering tsunamis that sent a wave filled with boats and houses toward land. Hawaii and the U.S. West Coast are under a tsunami warning.
Read the rest of this entry »

Northern Iraq’s budding Chinatown

In China, Comodity, Ekonomi / Economy, Gas / Oil, Iraq, Policy, Politik / Politic, Sosial Politik, World on February 16, 2011 at 2:17 am

As foreign investment increases in Iraqi Kurdistan, cultural boundaries are being broken.

  1. Ling, from Anhui province in eastern China, has been managing the shop there for about six months after responding to a newspaper advertisement by a Chinese firm.
  2. The Chinese market is in the newly opened Kawa Mall in Sulaimaniyah, Iraqi Kurdistan’s second city. Chinese people, outlets and a restaurant dominate the top two floors, which are reserved for firms from the world’s second biggest economy, of the Kurdish-owned shopping centre.
  3. The majority of the approximately 500 Chinese in Sulaimaniyah, which has a municipal population of about 750,000, work in the mall. Chinese flags, lucky cats and paper lanterns make for an incongruous sight as locals in the widely pleated trousers, flayed suit jackets and turbans of Iraqi Kurdistan pass by.
  4. Foreign investment is increasing in Iraqi Kurdistan. More than half of the 1,170 foreign firms investing there are Turkish, working in areas such as construction. Multinational firms are monitoring development of the area’s 43.7 billion barrels of proven oil and 25.5 billion barrels of potential reserves.
  5. Funds from abroad are also making their way into retail in an attempt to exploit the consumer potential of the 4.7 million strong local population, of which more than half are under the age of 20.
  6. International investment surpassed $14bn from mid-2006 to September 2010, unconfirmed official sources have said.
  7. The Kurdistan Regional Government (KRG) is hoping the estimated 250,000 to 300,000 foreigners it has so far attracted to the region will help to enervate some of those deficiencies. Read the rest of this entry »

Egypt gas pipeline attacked

In Egypt, Ekonomi / Economy, Environment, Gas / Oil, Israel, Jordan, Politik / Politic, Revolution, World on February 5, 2011 at 10:57 am

Unknown attackers blow up North Sinai pipeline that supplies gas to Jordan.



  1. Unknown attackers have blown up a pipeline that runs through El-Arish area of Egypt’s north Sinai area and supplies gas to Jordan and Israel
  2. The Jordanian route that runs from El- Arish to Aqaba and then up to Amman has been damaged by Saturday’s explosion.
  3. Governor of Sinai has confirmed to Al Jazeera that the fire that resulted from the explosion of the gas supply line has been controlled and that the infrastructiure at the gas terminal has not been severely damaged.
  4. Bedouin tribesmen of the Sinai Peninsula attempted to blow up the pipeline last July as tensions intensified between them and the Egyptian government, which they accuse of discrimination and of ignoring their plight.
  5. “They do not enjoy the wealth that the state generates from the Sinai peninsula, the money has not benefitted the communities there,” our correspondent added.
  6. The gas supplies from Egypt account for 40 per cent of Israel’s gas imports.
  7. “Gas prices will now go up, after Jordanian government announced its commitment to bear the brunt of any increases in fuel derivatives till March to reduce economic hardships following massive protests here,” the former official said.

Source: Al-Jazeera

Yemen & Syiria

In Egypt, Ekonomi / Economy, Politik / Politic, Revolution, Syiria, World, Yemen on February 3, 2011 at 7:56 am

From Tunisia to Egypt then to Syiria and now effecting Yemen. Al-Assad also told the Wall Street Journal that a domino effect with unrest spreading from Egypt and Tunisia to Syria was unlikely because his country is different.

A few fact from Al-Jazera

YEMEN

  1. In an announcement on Wednesday, Saleh said he plans for elections in April had been scrapped along with constitutional amendments that would have seen him become president for life.
  2. “No extension, no inheritance, no resetting the clock,” Saleh said during an emergency session of parliament and the consultative council ahead of a “day of rage” organised by civil society groups and opposition leaders for Thursday in all provinces.
  3. Poverty is widespread in Yemen, with 45 per cent of its 21.1 million people living on less than $2 a day, according the UN Development Programme.

SYIRIA

  1. Organisers say protests will be staged in front of the parliament in the capital, Damascus, on Friday and Saturday, and at Syrian embassies across the world.
  2. Several pages have been set up on Facebook, with the most popular one, named “The Syrian Revolution”, “liked” by about 13,000 people by Thursday.
  3. However, many of those writing comments on Facebook appeared to be Syrians living abroad calling on their “brothers” at home to protest.
  4. Facebook is officially blocked in Syria since November 2007. However, many young Syrians bypass the hurdle by using proxy servers and, in August last year, there were about 30,000 Facebook users registered in the country.
  5. As in Egypt, government critics in Syria complain of corruption and limitations to political freedom and human rights.
  6. The official unemployment rate is around 10 per cent, but some analysts say as many as every fourth Syrian is actually without a job.
  7. Calls for protests in a numer of Middle East countries are circulating on Twitter, including Yemen, February 3, Algeria, February 12, Bahrain, February 14 and Libya, February 30.

Source: Al-Jazeera

Squeezing Iran: Oil and sanctions

In Ekonomi / Economy, Iran, Politik / Politic, World on January 25, 2011 at 7:19 pm

Since the Islamic revolution in 1979 Iran’s relations with the West have been rocky.

GDP: Iran’s five-year economic development plans for 2000-2015 set a target of 8% growth for the country’s gross domestic production (GDP), but except for few years in this period, Iran’s economy has largely under-performed. It took a sharp fall in 2008 as a result of plummeting oil prices which followed global financial meltdown. Oil and gas exports constitute some 60% of Iran’s revenues.

Oil Production: While showing a slow but steady increase in the past 30 years, Iran’s oil production started to decline since 2005 due to lack of investment in developing current and new oil and gas fields. Iran’s complicated buy-back scheme and the country’s political situation have put off international oil companies from working with a country that sits on world’s fourth largest oil reserves.

Foreign investment: Iran’s official statistics for foreign direct investment have in the past few years been contradictory. Some official figures include memoranda of understanding which were never signed into contracts. But all statistics show a decline in foreign investment since President Mahmoud Ahmadinejad took office in 2005. Unlike his reformist predecessor Mohammad Khatami who encouraged foreign investment, Mr Ahmadinejad’s defiant policies have discouraged foreigners from investing in Iran.

Source: http://www.bbc.co.uk/news/world-middle-east-10727616

Budget 2011 Highlight

In Budget, Ekonomi / Economy, Malaysia, Management / Pengurusan, Politik / Politic, Sosial Politik on October 15, 2010 at 12:31 pm
KUALA LUMPUR: Following are the highlights of 2011 Budget tabled by Prime Minister Datuk Seri Najib Tun Razak, who is also Finance Minister, at the Dewan Rakyat today:
* A mixed development project including affordable houses to be developed at a cost of RM10 billion in Sungai Buloh and is expected to be completed by 2025. 

* Another landmark project “Warisan Merdeka” which includes a 100-storey tower, the tallest in Malaysia, at a cost of RM5 billion to be completed by 2015.
* Development of large-scale integrated Aquaculture Zones in Pitas, Sungai Telaga and Sungai Padas in Sabah as well as Batang Ai and Tanjung Manis in Sarawak with an allocation of RM252 million.

* Allocation of RM135 million for basic infrastructure to encourage farmers participation in high value agriculture activities including swiftlet nests.

* Extension of income tax deduction incentive for investors and income tax exemption for companies undertaking food production activities until 2015.
* RM85 million to provide infrastructure facilities to facilitate construction of hotels and resorts in remote areas with the potential to attract tourists.

* RM50 million to construct several shaded walkways in the KLCC-Bukit Bintang vicinity.

* Development of world’s first integrated eco-nature resort at a cost of RM3 billion by Nexus Karambunai in Sabah to commence next year.
* Abolishing of import duty on 300 goods preferred by tourists and locals, at 5 to 30 per cent, to promote Malaysia as a shopping heaven in Asia.

* RM119 million for the development of local content creation, hosting local content and unlocking new channels for content.

* Exemption of sales tax on all types of mobile phones.

* RM850 million for infrastructure support to accelerate corridor and regional development.

* RM411 million for research, development and commercialisation activity to be the platform for enhancing value-added activities across economic sectors.

* Establishment of a Special Innovation Unit (UNIK) under the Prime Minister’s Department with an allocation of RM71 million for next year to commercialise R&D findings by universities and research institutions.

* RM200 million for the purchase of creative products such as high quality, locally-produced films, dramas and documentaries.

* Rate of service tax to be increased from five to six per cent.

* Service tax to be imposed on paid television broadcasting services.

* Strengthening the revenue collection system by increasing enforcement and audit as well as coverage on all parties that should be paying taxes.

* Restructuring and strengthening of education and training with the sum of RM29.3 billion allocated for Education Ministry, RM10.2 billion (Higher Education Ministry) and RM627 million (Human Resource Ministry).

* Establishment of Talent Corporation under the Prime Minister”s Office in early 2011 to develop an expert workforce database as well as collaborate closely with talent networks globally.

* For the Ministry of Education, a sum of RM6.4 billion is allocated for Development Expenditure to build and upgrade schools, hostels, facilities and equipment as well as uphold the status of the teaching profession.

* RM213 million is allocated to reward high performance schools as well as for the remuneration of Principals, Head Teachers and Excellent Teachers.

* The Government will increase pre-school enrolment rate to a targeted 72 per cent by end 2011 through additional 1,700 classes, strengthen the curriculum as well as appoint 800 pre-school graduate teachers.

* The Government also allocates RM111 million for PERMATA programme including the construction of the second phase of Sekolah PERMATA Pintar school complex, 32 PERMATA Children Centres (PAPN) and financing operations of 52 completed PAPNs.

* RM250 million allocated for Development Expenditure for religious schools, Chinese-type schools, Tamil national schools, missionary schools and Government-assisted schools nationwide.

* Recognising the importance of Islamic education, the Government will provide assistance per capita for primary and secondary rakyat religious schools with an allocation of RM95 million.

* To provide competent and quality teachers and instructors to better guide and educate students, the Government allocates RM576 million in the form of scholarships for those wishing to further their studies.

* RM213 million is allocated to enhance proficiency in Bahasa Malaysia, strengthen the English language as well as streamline the standard curriculum for primary schools.

* The Government will recruit 375 native-speaking teachers including from the United Kingdom and Australia to further enhance teaching of English.

* The number of PhD qualified academic staff will be increased to 75 per cent in research universities and to 60 per cent in other public institutions of higher learning with an allocation of RM20 million.

* Excise duty exemption be increased from 50 per cent to 100 per cent on national vehicles purchased by the disable.

* Existing tax relief of up to a maximum of RM5,000 be extended to cover other expenses such as day care centre, cost incurred to employ caretakers for parents and other daily needs such as diapers.

* Stamp duty exemption of 50 per cent be given on loan agreement instruments to finance first-time purchase of houses.

* Full import duty and 50 per cent excise duty exemption was granted to franchise holders of hybrid cars.

* Implementation of 1Malaysia Training Programme by Community Colleges, National Youth Training Institutes, Giat Mara and Industrial Training Institutes to commence in January 2011 with an allocation of RM500 million.

* The establishment of National Wage Consultation Council as the main platform for wage determination.

* The establishment of 1Malaysia Youth Fund with an allocation of RM20 million.

* Monthly allowance for KAFA teachers will be increased to RM800 compared with RM500 currently.

* Increase in monthly allowance for the Chairman of JKKK and JKKP, Tok Batin, Chairman of JKKK Orang Asli and Chairman of Kampung Baru to RM800 compared with RM450 currently.

* Increase in meeting attending allowance to all comittee members from RM30 to RM50.

* Special Financial Assistance amounting to RM500 to be provided to all civil servants from Grade 54 and below, including contract officers and retirees.

* The abolishment of the Competency Level Assessment or PTK to be replaced with a more suitable evaluation system by June 2011.

* Extension of services of Pegawai Khidmat Singkat for an additional period of one year from December 2010.

* Raising the amount of loan from RM10,000 to RM20,000 for additional works on low-cost houses for Support Group Two.

* Raising the maximum loan eligibility to RM450,000 compared with RM360,000 currently, effective January 1, 2011.

* Increasing the rate for Funeral Arrangement Assistance to RM3,000.

* Allowing flexibility to self-determine fully-paid maternity leave not exceeding 90 days from the current 60 days subject to a total of 300 days of maternity leave throughout the tenure of service.

Source: NST

Read more: Budget 2011 highlights http://www.nst.com.my/nst/articles/Budget2011highlights/Article/#ixzz12QhvqZKw

China to Lose Ally Against US Trade Hawks

In Amerika, China, Ekonomi / Economy, Politik / Politic on October 11, 2010 at 2:00 pm

The US business community can no longer resist political pressure for Washington to take a tougher stand against China on trade issues, according to a senior figure from the US Chamber of Commerce.

Myron Brilliant, senior vice-president for international affairs, who has previously helped to protect Beijing from hawkish trade policies, told the Financial Times: “I don’t think the Chinese government can count on the American business community to be able to push back and block action [on Capitol Hill].”

Speaking on the eve of a trip to Beijing, where he will meet senior Chinese officials, Mr Brilliant added: “Certainly the chamber remains a bridge in support of the relationship but it is a difficult time to keep the wolves at bay. China shouldn’t take the American business community for granted.”

Mr Brilliant said corporate America’s attitude had changed in response to a range of “industrial policies” pursued by Beijing, including the undervaluation of the renminbi, which made it harder for US companies to do business and compete with China. He also cited the tough economic times in the US – particularly the near 10 per cent jobless rate – as making it more difficult to argue against tough action on China.

The political heat in the US surrounding China’s currency policy increased last week when a group of Democrats and Republicans in the House of Representatives urged the Treasury to describe China as a “currency manipulator” in its report due in April. This move could be followed by sanctions. In addition, lawmakers from both parties in the Senate last week proposed legislation designed to force China to allow the renminbi to appreciate.

Mr Brilliant said it was too early for the chamber to take a position on the recently unveiled Senate proposal. However, he did say the chamber understood the “frustration” of lawmakers. “We concur that this is a growing problem,” he said, while adding: “I don’t believe in an eye-for-an-eye. I don’t believe that protectionism should be met with protectionism.”

In the 1990s, Mr Brilliant helped lead the chamber’s lobbying efforts in favour of China’s accession to the World Trade Organisation, persuading thousands of companies to push for its inclusion in the global trading system. “I don’t think I could pull that coalition together now. Part of it is that China is not playing by the same rules”

Meanwhile, China vowed again on Sunday to resist pressure for a renminbi revaluation and threatened to retaliate if the US imposed trade sanctions.

Speaking as Beijing sent a senior official to Washington to ease trade frictions, Chen Deming, commerce minister, said China would “not turn a blind eye” if it was labelled a manipulator by the US Treasury. Mr Chen said if the US falsely called China a manipulator for domestic political reasons, and sanctions followed: “We will not do nothing. We will also respond if this means litigation under the global legal framework.”

He added adjusting the value of the renminbi would not solve global trade imbalances, predicting that China could see its trade balance turn to deficit in March.

Copyright The Financial Times Limited 2010.

By James Politi in Washington and Patti Waldmeir in Shanghai

The Financial Times

Published: March 21 2010 19:28 | Last updated: March 21 2010 19:28