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Showing posts from 2010

Expansion in solar photovoltaic to generate RM200mil in opportunities

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Thestar: Monday November 22, 2010 By DAVID TAN GEORGE TOWN: The solar photovoltaic (PV) capacity in the country is expected to increase substantially to 11mega watt (MW) in 2011, generating about RM200mil in business opportunities for companies involved in installing solar power generation systems. AWC Bhd managing director Azmir Merican told StarBiz that the 11MW capacity would provide for the grid-connected market in the peninsula and the off-grid market in East Malaysia, following the implementation of the feed-in tariff scheme under the Renewable Energy Law next July. The feed-in tariffs proposed for residential buildings is around RM1.20 per kilowatt (KW) hour and for commercial properties around RM1.10 per KW hour, while the tariff to consume solar power from Tenaga Nasional Bhd (TNB) is around 32sen per KW hour for both residential and commercial properties. AWC, a provider of engineering services and integrated facility management solutions, is listed on the ...

Towards a green nation and economy

Thestar: Saturday November 27, 2010 AT YOUR SERVICE By DATUK LOO TOOK GEE Secretary-General Energy, Green Technology and Water Ministry In the pursuit of sustainable development, policymakers must find a way to strike a balance between economic efficiency and environmental protection. THE global community is confronted with challenges related to the environment and climate change. As a result, many countries are promoting sustainable development by investing in green technology in the form of cleaner low-carbon transport and energy systems, “smart” electricity grids, energy efficiency, renewable energy as well as in green research and development. Green technology signifies a global paradigm shift in which economic aspiration combines with resource productivity and conservation to spearhead sustainable development. Under a Cabinet reshuffle in April 2009, the Energy, Green Technology and Water Ministry (Kettha) was given the mandate to promote sustainable development t...

Cabinet agrees to electricity price increase

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Now we need to get ready for the worst in household defisit. Rising of RON95 and cooking gas for sure will move to domino effect. How much will other good price hike? 5%? 10%? or as high as they want? What will the vehicle maintainance be in near future? Lets wait and see, next will water tariff and electricity? How about preparation for our children school? Lets make our own record then think again. Our ruling government now is really care about us, about our difficulties. You can watch daily in TV, how care was our government. Should we change new government? Think and think again! --- Thestar: Thursday December 9, 2010 By DANNY YAP danny@thestar.com.my KUALA LUMPUR: The federal Cabinet has agreed in principle to a revision of electricity tariff but has not decided when it should take place. Energy, Green Technology and Water Minister Datuk Seri Peter Chin Fah Kui said an electricty tariff revision was on the cards but the Government had not decided when. He said there ...

Can a higher salary guarantee better quality of life?

 Need to think about it???? Better still the rumour flying around about the disposal RON95 from the market in near future might be true.... What happen when only RON97 will be in the market? Think about it? Higher income meaning higher income tax to pay for private sectors.... Hmmm! It sounds very true now. ------------- Thestar: Thursday December 2, 2010 Making a Point - By Jagdev Singh Sidhu THE price of RON 97 petrol has increased by 15 sen to RM2.30 a litre but going by the reaction people have, it's not caused much of a ripple. Adverse reactions from previous price hikes have dissipated but that must be due to the fact that most Malaysian road users are pumping RON 95 into their vehicles compared with RON 97 before. In short, the price hike would not affect most Malaysians. But the prices of many goods are going up and that is something most of us have to get used to. Around the world, the prices of commodities are rising and so is the everyday cost of doing busin...

Electricity companies thrilled and worried about electric cars

Published in thestar: Tuesday November 23, 2010 MYT 12:07:00 PM NEW YORK: The first mass-market electric cars go on sale next month, and America's electric utilities couldn't be more thrilled - or worried. Plugged into a socket, an electric car can draw as much power as a small house. The surge in demand could knock out power to a home, or even a neighborhood. That has utilities in parts of California, Texas and North Carolina scrambling to upgrade transformers and other equipment in neighborhoods where the Nissan Leaf and Chevrolet Volt are expected to be in high demand. Not since air conditioning spread across the U.S. in the 1950s and 1960s has the power industry faced such a growth opportunity. Last year, Americans spent $325 billion on gasoline, and utilities would love even a small piece of that market. The main obstacles to wide-scale use of electric cars are high cost and limited range, at least until a network of charging stations is built. But utility e...

Blowing lethal bubbles again?

Printing more money put into market or make more debt via bond issuance and force others to pay for, which one better solution? I think both are blood sucker. --- Thestar: Saturday October 30, 2010 By CECILIA KOK cecilia_kok@thestar.com.my PRINT more money, inject them into the system and the problems will ease? Not according to experts. Many see such course of action – commonly termed as quantitative easing, which the US Federal Reserve will likely announce next week – will only cause more headaches; to other economies first before returning to haunt its own. Presently, the speculation is still very much over the size and pace of this fresh dose of quantitative easing by the US Federal Reserve. But at the same time, concerns are already rising in some other parts of the world over the impact of further US monetary easing on their economies. China’s commerce minister Chen Deming, for one, had over the week explicitly voiced his annoyance over the rising challenge of an “im...

Rising concerns over household debt and bankruptcies among young M'sians

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Monday October 25, 2010 By YAP LENG KUEN Household debt to GDP rose to 76% last year from 64% in 2008 PETALING JAYA: Rising concerns over household debt and bankruptcies among the young have prompted several suggestions on how to tackle the problem at source. Apart from the expected curbs on property loans and possible limits on credit card usage, other steps include the creation of a personal credit scoring system, enhanced education and awareness among consumers as well as the financiers themselves. RAM Ratings head of financial institution ratings Promod Dass said: “Based on the latest available Bank Negara statistics, household debt to gross domestic product (GDP) has marched upward from about 64% in 2008 to around 76% last year. (Last year, this amounted to about RM389 bil). There is rising concern over household debt and bankruptcies among the young in Malaysia “This level is similar to that in Singapore and far lower than in Japan, the United States and Brita...

US: Consumer confidence drops to lowest since Feb.

By ANNE D'INNOCENZIO, AP Retail Writer Anne D'innocenzio, Ap Retail Writer – 43 mins ago NEW YORK – Americans' view of the economy turned grimmer in September amid escalating job worries, falling to the lowest point since February. The downbeat report, released Tuesday, raises more fears about the tenuous U.S. economic recovery. It also further underscores the disconnect between Wall Street and Main Street; consumers' confidence fell further even as stocks rebounded in September. The Conference Board, based in New York, said its monthly Consumer Confidence Index now stands at 48.5, down from the revised 53.2 in August. Economists surveyed by Thomson Reuters were expecting 52.5. The reading marked the lowest point since February's 46.4. It takes a reading of 90 to indicate a healthy economy — a level not approached since the recession began in December 2007. Economists watch confidence closely because consumer spending accounts for about 70 percent...

Smarter spending and better savings

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Assalamualaikum w.b.t., Artikel  dikepilkan di bawah sangat menarik untuk dikongsi. Namun saya tertanya-tanya, sebijak manakah kita boleh menguruskan kewangan secara khususnya pendapatan kita? Seorang kawan mengeluh kepada saya dengan perbelanjaan yang meningkat kini. Untuk menyambut hari raya perbelanjaan yang perlu dikeluarkan sangat tinggi malahan terpaksa mengeluarkan simpanan.Sepuluh tahun dahulu dengan RM500 sudah cukup untuk berhari raya dengan selesa. Sekarang ini, RM2000.00 masih tidak cukup lagi dengan perbelanjaan pulang ke kampung mencecah lebih RM1000.00 . Tanpa pendapatan tambahan sudah tentu ramai yang akan bergolok bergadai. Menurut kawan saya lagi, bagi keluarga yang sudah kaya-raya pastinya tidak menjadi masalah. Tetapi bagi tonggak keluarga, parah dibuatnya. Itu lah sebabnya bila masa raya, ramai yang paksa rela mengambil pinjaman peribadi sehingga ribuan juga. Baik, cuba kita lihat apa yang besar sangat belanja raya bagi setengah-setengah dari kalangan kita (mer...

More Rumours.... Don't Believe Blindly... Do Your Homework...

Most valueable investment gems in ramaddan is lailatul qadart nigh, prepare ourself in this month to find lailatul qadar and to make more ibadah investment for our next life as well!! Don't forget time running out now...!!! a. Speculative Play (Rumors Based) as at Aug 2010; b. List Of Sectoral Stocks ; c. Stocks To Watch For 13th General Election; d. Target Price(s) Set By Research Houses After Greece 's Debt Crisis Erupted (May 2010); e. List Of Top 30 Equity Investments Listed on Bursa Malaysia as at March 2010; f. FBM KLCI Members Effective June 21, 2010 Speculative Play (Based On Rumours) as at Aug 2010 ... Stemlife//TMC Life, ECM, Kurnia Asia, YNHP, Baneng (PN 17), Delloyd, TimeDotCom/Time Eng, BRDB/Mieco, EPIC/AZRB, Xingquan, Sinotop, POS/Ekuinas, PLUS/Axiata/CIMB/Tenaga, P&O, Ranhill, Scomi Eng, KYM, KBB (PN17), Carotech, E&O, Sarawak Plantations , Genting Mal, Bina Puri, CIMB, BHIC, Ireka, Sime Darby, Mudaja...

Check These Summay For Investment Planning

Someone email this, don't know how accurate this info was, check your self. *** UNCERTAIN *** 1.       Eastern Corridor Development Programme (Petronas-Led) 2.       Sarawak Region Corridor 3.       The Sabah Development Corridor 4.       The Asia Petroleum Hub In Johor 5.       The Solid Waste Management Play 6.       Flow of OPEC Petrodollars 7.       The Trans-Peninsula Pipe Project                                                     *** UNCERTAIN ***                   ...