Malaysia Defence & Economy Forum
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powastick
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When I was in school fascinating to see a classmate bragging his circle of friends that he got a D. The rest of his washout friends got E or F. When he goes back, he proudly explain to his parent that he improved slightly, but his parent will have none of it, because is still a "D". There is a different between "jaguh kampung" and "jaguh dunia".We are improving
???
ranked at 56 out of 77
syiok sendiri
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Tahniah to Malaysia.. Finally .... UNESCO acknowledged Silat or Pencak Silat is our origin and heritae from Malaysia .. not Indonesia ...
Malaysia's silat or Pencak Silat receives UNESCO recognition
KUALA LUMPUR, Dec 13 -- The martial arts ‘silat’ has been successfully inscribed under the Representative List of the Intangible Cultural Heritage of Humanity category by the United Nations Educational, Scientific and Cultural Organisation (UNESCO) this year.
The recognition was given at the 14th Session of the Intergovernmental Committee for the Safeguarding of Intangible Cultural Heritage currently held in Bogota, Colombia, from Dec 9 to 14.
Tourism, Arts and Culture Minister Datuk Mohamaddin Ketapi in a statement today said the matter was decided by the international body consist of 24 committee members from elected member states.
“It is a world-class recognition for silat to be enlisted by UNESCO as it is one of the country's most enduring cultural heritage treasures.
“The recognition will also reflect Malaysia's commitment to protect the world’s heritage,” he said.
He said the the nomination of silat and related documents were submitted to UNESCO headquarters based in Paris on March 30 last year and received good cooperation and assistance from various federal government and state agencies.
Mohamaddin also noted that this recognition was significant for the country after ‘Mak Yong’ was included in the Masterpieces of the Oral and Intangible Cultural Heritage of Humanity (Originally Proclaimed 2005) category during the third session held in Istanbul, Turkey, in 2008.
This was then followed by the inclusion of the ‘Dondang Sayang’ in the Representative List of the Intangible Cultural Heritage of Humanity category during 13th Session in Port Louis, Mauritius, last year.
He said the recognition would further strengthen the relationship with the member states and enabling Malaysia to propose inclusion of more of the country’s priceless cultural heritage’s practices in the future.
The Malaysian delegation to the conference was led by the National Heritage Department director-general Mesran Mohd Yusop, and accompanied by, among others, deputy permanent delegate of Malaysia to UNESCO Puan Zuraini Abidin as well as National Silat Federation of Malaysia (PESAKA) president Tan Sri Mohd Ali Mohd Rustam.
-- BERNAMA
http://bernama.com/en/general/news.php?id=1799198 and https://ich.unesco.org/en/RL/silat-01504
Malaysia's silat or Pencak Silat receives UNESCO recognition
KUALA LUMPUR, Dec 13 -- The martial arts ‘silat’ has been successfully inscribed under the Representative List of the Intangible Cultural Heritage of Humanity category by the United Nations Educational, Scientific and Cultural Organisation (UNESCO) this year.
The recognition was given at the 14th Session of the Intergovernmental Committee for the Safeguarding of Intangible Cultural Heritage currently held in Bogota, Colombia, from Dec 9 to 14.
Tourism, Arts and Culture Minister Datuk Mohamaddin Ketapi in a statement today said the matter was decided by the international body consist of 24 committee members from elected member states.
“It is a world-class recognition for silat to be enlisted by UNESCO as it is one of the country's most enduring cultural heritage treasures.
“The recognition will also reflect Malaysia's commitment to protect the world’s heritage,” he said.
He said the the nomination of silat and related documents were submitted to UNESCO headquarters based in Paris on March 30 last year and received good cooperation and assistance from various federal government and state agencies.
Mohamaddin also noted that this recognition was significant for the country after ‘Mak Yong’ was included in the Masterpieces of the Oral and Intangible Cultural Heritage of Humanity (Originally Proclaimed 2005) category during the third session held in Istanbul, Turkey, in 2008.
This was then followed by the inclusion of the ‘Dondang Sayang’ in the Representative List of the Intangible Cultural Heritage of Humanity category during 13th Session in Port Louis, Mauritius, last year.
He said the recognition would further strengthen the relationship with the member states and enabling Malaysia to propose inclusion of more of the country’s priceless cultural heritage’s practices in the future.
The Malaysian delegation to the conference was led by the National Heritage Department director-general Mesran Mohd Yusop, and accompanied by, among others, deputy permanent delegate of Malaysia to UNESCO Puan Zuraini Abidin as well as National Silat Federation of Malaysia (PESAKA) president Tan Sri Mohd Ali Mohd Rustam.
-- BERNAMA
http://bernama.com/en/general/news.php?id=1799198 and https://ich.unesco.org/en/RL/silat-01504
nufix
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Tahniah to Malaysia.. Finally .... UNESCO acknowledged Silat or Pencak Silat is our origin and heritae from Malaysia .. not Indonesia ...
Malaysia's silat or Pencak Silat receives UNESCO recognition
KUALA LUMPUR, Dec 13 -- The martial arts ‘silat’ has been successfully inscribed under the Representative List of the Intangible Cultural Heritage of Humanity category by the United Nations Educational, Scientific and Cultural Organisation (UNESCO) this year.
The recognition was given at the 14th Session of the Intergovernmental Committee for the Safeguarding of Intangible Cultural Heritage currently held in Bogota, Colombia, from Dec 9 to 14.
Tourism, Arts and Culture Minister Datuk Mohamaddin Ketapi in a statement today said the matter was decided by the international body consist of 24 committee members from elected member states.
“It is a world-class recognition for silat to be enlisted by UNESCO as it is one of the country's most enduring cultural heritage treasures.
“The recognition will also reflect Malaysia's commitment to protect the world’s heritage,” he said.
He said the the nomination of silat and related documents were submitted to UNESCO headquarters based in Paris on March 30 last year and received good cooperation and assistance from various federal government and state agencies.
Mohamaddin also noted that this recognition was significant for the country after ‘Mak Yong’ was included in the Masterpieces of the Oral and Intangible Cultural Heritage of Humanity (Originally Proclaimed 2005) category during the third session held in Istanbul, Turkey, in 2008.
This was then followed by the inclusion of the ‘Dondang Sayang’ in the Representative List of the Intangible Cultural Heritage of Humanity category during 13th Session in Port Louis, Mauritius, last year.
He said the recognition would further strengthen the relationship with the member states and enabling Malaysia to propose inclusion of more of the country’s priceless cultural heritage’s practices in the future.
The Malaysian delegation to the conference was led by the National Heritage Department director-general Mesran Mohd Yusop, and accompanied by, among others, deputy permanent delegate of Malaysia to UNESCO Puan Zuraini Abidin as well as National Silat Federation of Malaysia (PESAKA) president Tan Sri Mohd Ali Mohd Rustam.
-- BERNAMA
http://bernama.com/en/general/news.php?id=1799198 and https://ich.unesco.org/en/RL/silat-01504
You do know that while Silat is recognized as being a heritage from Malaysia, Pencak Silat is also being recognized by UNESCO as Indonesian heritage right? You fucking dumb son of a whore.
https://www.thejakartapost.com/news...co-intangible-world-heritage-distinction.html
Anyway, claim as you like, but with Silat movies flowing like magma from Indonesia, I doubt anyone would think Silat is from Malaysia
lcloo
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China ties ‘can benefit rakyat’
PUTRAJAYA: The revival of the Bandar Malaysia project is testimony to Malaysia and China’s ability to collaborate for the benefit of the rakyat, says Tun Dr Mahathir Mohamad.
The Prime Minister said the two countries enjoy a special, long-lasting bond that has been proven over the years to be of mutual benefit.
“China has remained as Malaysia’s biggest trading partner for 10 consecutive years, with trade growing at 8.1% to RM313.8bil (US$78 Billion) in the previous year, which constituted 16.7% of Malaysia’s total trade.
“Like the East Coast Rail Link project, Bandar Malaysia is pursued in the larger context of forging and underlining a long-term bilateral and trade relation between Malaysia and China.
“It is undertaken with a very clear objective, that such a project provides premium economic value to the country.
“The revised plan for Bandar Malaysia takes into consideration the government’s policy of ensuring that such a massive development project will be people-centric, add substantial value to the country’s economy and in tandem with our Shared Prosperity Vision 2030,” said Dr Mahathir in his keynote address at the signing ceremony of Bandar Malaysia at the Putrajaya International Convention Centre yesterday.
The Prime Minister witnessed the signing of the agreement to develop the project, which was inked between TRX City Sdn Bhd (TRXC) and IWH CREC Sdn Bhd (IWH-CREC).TRXC is a wholly-owned subsidiary of the Ministry of Finance (Inc) while IWH-CREC is a consortium comprising Iskandar Waterfront Holdings Sdn Bhd (IWH) and China Railway Engineering Corp (M) Sdn Bhd (CRECM).
With the signing, the RM140bil (US$35 Billion) development of Bandar Malaysia, which was stalled following the 1Malaysia Development Bhd (1MDB) scandal, was officially revived. Under the revised deal, the developers will also be required to build 10,000 affordable homes as well as 34.4ha of parks and recreational areas.
Dr Mahathir said Bandar Malaysia will have a significant impact on Malaysia’s economy as it will serve as a hub for high-impact global multinationals.
Finance Minister Lim Guan Eng, in his speech, said Chinese companies such as e-commerce conglomerate Alibaba and telecommunications firm Huawei are among those that have declared an interest in opening their regional hubs at Bandar Malaysia.
Also present at the event were China’s Ambassador to Malaysia Bai Tian and China Railway Group Ltd president Chen Yun.
The development of the Bandar Malaysia project is also part of the China’s Belt and Road Initiative.
Bandar Malaysia is located at the site of the Royal Malaysian Air Force base in Jalan Sungai Besi, which is about 7km from the Kuala Lumpur city centre.
Asked later as to when the project will commence, Dr Mahathir said: “I think soon. I have asked them to start immediately because I want to see it for myself.”
Read more at https://www.thestar.com.my/news/nation/2019/12/18/china-ties-can-benefit-rakyat#z330dxEq2EMshoEa.99
Bandar Malaysia to include HSR
PUTRAJAYA: The revived Bandar Malaysia project will include the Kuala Lumpur-Singapore High Speed Rail (HSR), although the actual HSR project has yet to be decided, said Prime Minister Tun Dr Mahathir Mohamad.
“We will have a station for the HSR in Bandar Malaysia. We need to decide on a suitable speed. It may not necessarily be 400kmph... that might reach Alor Setar. We would like to spend less, scale it down and perhaps do some adjustments first, ” Dr Mahathir told reporters after a signing ceremony between TRX City Sdn BHD (TRXC) and the IWC-CREC consortium.
There have been uncertainties surrounding the status of the HSR. Prior to this, Malaysia and Singapore have agreed to suspend the construction of the KL-Singapore HSR until May 31,2020, to enable both countries to find the best way forward for the project.
Dr Mahathir added that the Bandar Malaysia project would kick off soon.
“I told them to start immediately, as I want to see it for myself also, ” said Dr Mahathir, 94, drawing laughter from the reporters.
Yesterday, TRXC, a wholly owned subsidiary of the Minister of Finance (Inc) entered into a deal with IWH-CREC Sdn Bhd, the consortium comprising Iskandar Waterfront Holdings Sdn BHD (IWH) and China Railway Engineering Corp (M) Sdn Bhd (CREC), to develop Bandar Malaysia, with an estimated gross development value of RM140bil.
IWH-CREC is acquiring a 60% equity stake in Bandar Malaysia Sdn Bhd (BMSB), the project’s master developer, from its parent company TRXC.
Previously in April 2019, the Malaysian government approved the reinstatement of the project and welcomed IWH-CREC’s commitment into the project via the signing of the reinstatement of Bandar Malaysia Framework Agreement.
The 486 acre Bandar Malaysia is the largest piece of development land in the heart of Kuala Lumpur. It is located at the site of the Royal Malaysian Air Force facility in Sg Besi.
The payment by IWH-CREC for the 60% stake was anchored on Bandar Malaysia land valued at RM12.35bil.
The revived Bandar Malaysia deal will also see greater bumiputra participation throughout the project implementation and give priority for the use of locally-produced construction materials, technology and talent in the project.
“We have not decided on the percentage but it will likely be more than 30%, ” said Dr Mahathir.
In his speech, Finance Minister Lim Guan Eng said that in this revived deal, the staggered payment terms have been shortened and accelerated from the original seven years to three years to the benefit of the Malaysian government.
“The dividends from land sale will also be 50:50 between TRX and IWC-CREC from 40:60 previously, ” said Lim.
In addition to the original deposit sum of RM741mil, IWH-CREC will also pay an additional RM500mil as an advance payment.
The finance minister said Bandar Malaysia would bring substantive economic value to the nation with an expected GDV of RM140bil.
Under the new deal, Bandar Malaysia will be more rakyat centric as opposed to previously under 1MDB where the deal was driven by 1MDB Rationalisation Plan aimed at paying off 1MDB’s debts.
“We managed to double the number of affordable homes to 10,000 units. We will also create the 85-acre People’s Park, which will be a combination of a single contiguous built part and several satellite parts, ” said Lim.
Meanwhile, IWH executive vice-chairman Tan Sri Lim Kang Hoo said: “We are glad for the government’s strong support towards the Bandar Malaysia project and the IWH CREC consortium.
“Please allow me to reiterate IWH’s strong commitment to continually strengthen our collaboration with CREC and MoF Inc as a public-private partnership entity in order to achieve the aspirations of making Bandar Malaysia the game changer for the Malaysian economy.”
Bandar Malaysia aims to attract Fortune 500 global technology and entrepreneurial companies to establish their regional offices in Kuala Lumpur.
China Railway Group Ltd president Chen Yun said CREC is committed to creating a platform for China-Malaysia strategic cooperation and innovation exchange, fostering Malaysia’s digital innovation hub, and creating an image of a world-class city for Kuala Lumpur as a connection for transport, finance, data, cultures, enterprises and industries.
Analysts are positive on the revival of Bandar Malaysia on two fronts. Firstly, the increased participation of bumiputra companies will be the much needed spur for the Malaysian economy, which presently lacks a catalyst of growth.
The ECRL failed to excite the market, as the engineering, procurement, construction, commissioning contractor was China Communications Construction Co Ltd.
“If there are indeed more jobs for bumiputra companies, then this could be the much needed boost and multiplier affect needed for the Malaysian economy, ” said an analyst.
Concurrently, should the KL-Singapore HSR be revived, the analyst said construction counters may start to show some life.
Read more at https://www.thestar.com.my/business...r-malaysia-to-include-hsr#5tcC3e8ohIFPfxII.99
PUTRAJAYA: The revival of the Bandar Malaysia project is testimony to Malaysia and China’s ability to collaborate for the benefit of the rakyat, says Tun Dr Mahathir Mohamad.
The Prime Minister said the two countries enjoy a special, long-lasting bond that has been proven over the years to be of mutual benefit.
“China has remained as Malaysia’s biggest trading partner for 10 consecutive years, with trade growing at 8.1% to RM313.8bil (US$78 Billion) in the previous year, which constituted 16.7% of Malaysia’s total trade.
“Like the East Coast Rail Link project, Bandar Malaysia is pursued in the larger context of forging and underlining a long-term bilateral and trade relation between Malaysia and China.
“It is undertaken with a very clear objective, that such a project provides premium economic value to the country.
“The revised plan for Bandar Malaysia takes into consideration the government’s policy of ensuring that such a massive development project will be people-centric, add substantial value to the country’s economy and in tandem with our Shared Prosperity Vision 2030,” said Dr Mahathir in his keynote address at the signing ceremony of Bandar Malaysia at the Putrajaya International Convention Centre yesterday.
The Prime Minister witnessed the signing of the agreement to develop the project, which was inked between TRX City Sdn Bhd (TRXC) and IWH CREC Sdn Bhd (IWH-CREC).TRXC is a wholly-owned subsidiary of the Ministry of Finance (Inc) while IWH-CREC is a consortium comprising Iskandar Waterfront Holdings Sdn Bhd (IWH) and China Railway Engineering Corp (M) Sdn Bhd (CRECM).
With the signing, the RM140bil (US$35 Billion) development of Bandar Malaysia, which was stalled following the 1Malaysia Development Bhd (1MDB) scandal, was officially revived. Under the revised deal, the developers will also be required to build 10,000 affordable homes as well as 34.4ha of parks and recreational areas.
Dr Mahathir said Bandar Malaysia will have a significant impact on Malaysia’s economy as it will serve as a hub for high-impact global multinationals.
Finance Minister Lim Guan Eng, in his speech, said Chinese companies such as e-commerce conglomerate Alibaba and telecommunications firm Huawei are among those that have declared an interest in opening their regional hubs at Bandar Malaysia.
Also present at the event were China’s Ambassador to Malaysia Bai Tian and China Railway Group Ltd president Chen Yun.
The development of the Bandar Malaysia project is also part of the China’s Belt and Road Initiative.
Bandar Malaysia is located at the site of the Royal Malaysian Air Force base in Jalan Sungai Besi, which is about 7km from the Kuala Lumpur city centre.
Asked later as to when the project will commence, Dr Mahathir said: “I think soon. I have asked them to start immediately because I want to see it for myself.”
Read more at https://www.thestar.com.my/news/nation/2019/12/18/china-ties-can-benefit-rakyat#z330dxEq2EMshoEa.99
Bandar Malaysia to include HSR
PUTRAJAYA: The revived Bandar Malaysia project will include the Kuala Lumpur-Singapore High Speed Rail (HSR), although the actual HSR project has yet to be decided, said Prime Minister Tun Dr Mahathir Mohamad.
“We will have a station for the HSR in Bandar Malaysia. We need to decide on a suitable speed. It may not necessarily be 400kmph... that might reach Alor Setar. We would like to spend less, scale it down and perhaps do some adjustments first, ” Dr Mahathir told reporters after a signing ceremony between TRX City Sdn BHD (TRXC) and the IWC-CREC consortium.
There have been uncertainties surrounding the status of the HSR. Prior to this, Malaysia and Singapore have agreed to suspend the construction of the KL-Singapore HSR until May 31,2020, to enable both countries to find the best way forward for the project.
Dr Mahathir added that the Bandar Malaysia project would kick off soon.
“I told them to start immediately, as I want to see it for myself also, ” said Dr Mahathir, 94, drawing laughter from the reporters.
Yesterday, TRXC, a wholly owned subsidiary of the Minister of Finance (Inc) entered into a deal with IWH-CREC Sdn Bhd, the consortium comprising Iskandar Waterfront Holdings Sdn BHD (IWH) and China Railway Engineering Corp (M) Sdn Bhd (CREC), to develop Bandar Malaysia, with an estimated gross development value of RM140bil.
IWH-CREC is acquiring a 60% equity stake in Bandar Malaysia Sdn Bhd (BMSB), the project’s master developer, from its parent company TRXC.
Previously in April 2019, the Malaysian government approved the reinstatement of the project and welcomed IWH-CREC’s commitment into the project via the signing of the reinstatement of Bandar Malaysia Framework Agreement.
The 486 acre Bandar Malaysia is the largest piece of development land in the heart of Kuala Lumpur. It is located at the site of the Royal Malaysian Air Force facility in Sg Besi.
The payment by IWH-CREC for the 60% stake was anchored on Bandar Malaysia land valued at RM12.35bil.
The revived Bandar Malaysia deal will also see greater bumiputra participation throughout the project implementation and give priority for the use of locally-produced construction materials, technology and talent in the project.
“We have not decided on the percentage but it will likely be more than 30%, ” said Dr Mahathir.
In his speech, Finance Minister Lim Guan Eng said that in this revived deal, the staggered payment terms have been shortened and accelerated from the original seven years to three years to the benefit of the Malaysian government.
“The dividends from land sale will also be 50:50 between TRX and IWC-CREC from 40:60 previously, ” said Lim.
In addition to the original deposit sum of RM741mil, IWH-CREC will also pay an additional RM500mil as an advance payment.
The finance minister said Bandar Malaysia would bring substantive economic value to the nation with an expected GDV of RM140bil.
Under the new deal, Bandar Malaysia will be more rakyat centric as opposed to previously under 1MDB where the deal was driven by 1MDB Rationalisation Plan aimed at paying off 1MDB’s debts.
“We managed to double the number of affordable homes to 10,000 units. We will also create the 85-acre People’s Park, which will be a combination of a single contiguous built part and several satellite parts, ” said Lim.
Meanwhile, IWH executive vice-chairman Tan Sri Lim Kang Hoo said: “We are glad for the government’s strong support towards the Bandar Malaysia project and the IWH CREC consortium.
“Please allow me to reiterate IWH’s strong commitment to continually strengthen our collaboration with CREC and MoF Inc as a public-private partnership entity in order to achieve the aspirations of making Bandar Malaysia the game changer for the Malaysian economy.”
Bandar Malaysia aims to attract Fortune 500 global technology and entrepreneurial companies to establish their regional offices in Kuala Lumpur.
China Railway Group Ltd president Chen Yun said CREC is committed to creating a platform for China-Malaysia strategic cooperation and innovation exchange, fostering Malaysia’s digital innovation hub, and creating an image of a world-class city for Kuala Lumpur as a connection for transport, finance, data, cultures, enterprises and industries.
Analysts are positive on the revival of Bandar Malaysia on two fronts. Firstly, the increased participation of bumiputra companies will be the much needed spur for the Malaysian economy, which presently lacks a catalyst of growth.
The ECRL failed to excite the market, as the engineering, procurement, construction, commissioning contractor was China Communications Construction Co Ltd.
“If there are indeed more jobs for bumiputra companies, then this could be the much needed boost and multiplier affect needed for the Malaysian economy, ” said an analyst.
Concurrently, should the KL-Singapore HSR be revived, the analyst said construction counters may start to show some life.
Read more at https://www.thestar.com.my/business...r-malaysia-to-include-hsr#5tcC3e8ohIFPfxII.99
Last edited:
Oublious
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Ther is a great chance for Malaysia purchasing 4 ADA class, great defence and patrol for coast. Literal combat ship with Atmaca anti ship missile.
https://en.wikipedia.org/wiki/Ada-class_corvette
lcloo
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Sorry to disappoint you, we have already finalised our next two 5 years plans for our navy, it is the French Gowind frigates (contract signed and sealed) in our 15 to 5 program.
15 to 5 Program
The RMN took a drastic approach by launched the '15 to 5' Fleet Transformation Program to ensure that the organisation perspectives as one of the potent power in the region. The RMN Future Fleet 15 to 5 programme is aimed at equipping the RMN with Scorpène-class submarine, Maharaja Lela-class frigate (enlarged French Gowind Class frigates) , Kedah-class, Keris-class littoral mission ship (initial 4 ships from China, contract signed) and Multi Role Support Ship (MRSS).
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UMNOPutra
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Without participation of Indonesia, Saudi Arabia and Pakistan and the majority of OIC countries...It looks that this KL Summit failed to represent a world muslim. Mahathir also failed "permanently" to fulfill his "big dream and ambition" to be recognized as a leader of world muslim or "modern khalifah" from "Bangsa Melayu" or Malaysia ....#shameonyoumahathir
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Oublious
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Thats nothing, looks like more a patrol ship then defence ship. No sonar, no defence against anti-ship missile. Looks like waste of money if you ask me. Maybe they are searching for something with punch and power.
Ooh i see you have Gowind class, the rest of the ships more like patrol ships.
According to wiki your navy use Gowind class as a frigatte and ADA class is a corvette. Almost the same, if we look to your navies inventory you have old corvettes, maybe they want to change it with better and new one.
https://en.wikipedia.org/wiki/Equipment_of_the_Royal_Malaysian_Navy
Indonesia, Pakistan, Iran, Turkey, Qatar and Malaysia was enough.
UMNOPutra
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Wooww ... Mahathir still think that Malaysia is better and more advanced than India to treat its citizen ..
His "Big Ambition" to be recognixed as a world muslim leader has made Malaysia to be a laughing country .. He also forget that Malaysia is only small country
Semut di seberang pulau tampak .. tetapi gajah di depan mata X tampak sama sekali ....#shameonyoumahathir
PM questions India’s new law on citizenship
KUALA LUMPUR: Tun Dr Mahathir Mohamad says India’s recently approved citizenship law is regrettable as it is discriminatory to Muslims.
The Prime Minister said he was sorry to see that India, despite being a secular state, was acting to deprive some Muslims of their citizenship.
“Already people are dying because of this law, so why is there a necessity to do this thing when all this while, for 70 years almost, they have lived together as citizens without any problems?
“If we do that here, you know what will happen.
https://www.thestar.com.my/news/nation/2019/12/21/pm-questions-indias-new-law-on-citizenship
His "Big Ambition" to be recognixed as a world muslim leader has made Malaysia to be a laughing country .. He also forget that Malaysia is only small country
Semut di seberang pulau tampak .. tetapi gajah di depan mata X tampak sama sekali ....#shameonyoumahathir
PM questions India’s new law on citizenship
KUALA LUMPUR: Tun Dr Mahathir Mohamad says India’s recently approved citizenship law is regrettable as it is discriminatory to Muslims.
The Prime Minister said he was sorry to see that India, despite being a secular state, was acting to deprive some Muslims of their citizenship.
“Already people are dying because of this law, so why is there a necessity to do this thing when all this while, for 70 years almost, they have lived together as citizens without any problems?
“If we do that here, you know what will happen.
https://www.thestar.com.my/news/nation/2019/12/21/pm-questions-indias-new-law-on-citizenship
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lcloo
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Hopefully, this one mega project will improve our economy.
Malaysia enters new era of economic momentum with Bandar Malaysia revival
The Star Online, Thursday, 26 Dec 2019
"Engagement and collaboration with Chinese companies bring huge dividends to local players, as they would learn and rewind to align themselves with market forces and efficiency level," said IQI Global chief economist Shan Saeed(pic).
KUALA LUMPUR: The Pakatan Harapan (PH) government has sent a very clear message to local and global investors that it will continue to maintain macroeconomic stability to drive the economy forward, said IQI Global chief economist Shan Saeed.
He pointed out the revived Bandar Malaysia, with an estimated total gross development value of RM140 billion (US$35 Billion), would herald a new era of economic momentum that benefited the masses.
"Engagement and collaboration with Chinese companies bring huge dividends to local players, as they would learn and rewind to align themselves with market forces and efficiency level.
"The government is cognisant of the fact that infrastructure investment can help spur growth, generate employment and provide structural stability to the economy. At the moment, the government looks totally committed in its strategic focus on development, infrastructure and growth, ” he told Bernama TV in an interview here on Tuesday.
Shan, who has more than 18 years of financial market experience in private banking, risk/compliance management, commodity investments, global economy, brand and business strategy, was asked to comment on the recent revival of the 196.7-hectare Bandar Malaysia project in Kuala Lumpur following a signing ceremony between Minister of Finance Inc’s unit TRX City Sdn Bhd and IWH-CREC Sdn Bhd, which is jointly owned by Malaysian and Chinese companies.
IQI Global is a leading property and investment company operating and advising clients in Kuala Lumpur, Singapore, Hong Kong, London, Melbourne, Bangkok, Makati, Toronto and Dubai.
Shan said as countries navigated through turbulent times, infrastructure investment had become a new obsession for many economies in the ASEAN region.
Citing various reports, including from The Economist and the Wall Street Journal, he said ASEAN required US$1.2 trillion in infrastructure investment that could buttress growth in the region.
Some of the countries requiring infrastructure investment are Myanmar (US$400 billion), Indonesia (US$300 billion), Vietnam (US$150 billion), the Philippines (US$150 billion), Cambodia (US$100 billion), Thailand (US$25 billion), Laos (US$50 billion) and Malaysia ($25 billion)
Shan said infrastructure investment had a direct correlation with gross domestic product growth (GDP) outlook with a large impact at the macro level.
"For 2020, we at IQI Global foresee Malaysia's GDP hovering at around 4.4 per cent to 4.9 per cent next year.
"Foreign direct investment would keep (coming in) a steady flow because of three main reasons -- because Malaysia is an important player in the Belt and Road Initiative, is strategically located along the Straits of Malacca, and has a young, tech-savvy labour force," he said.
Shan said Malaysia would continue to be on the global investors’ radar due to its political and economic stability and infrastructure stability that bolstered the outlook of the ringgit, which remained structurally stable and was expected to move around 3.97 to 4.30 against the greenback in 2020. -- BERNAMA - Bernama
Malaysia enters new era of economic momentum with Bandar Malaysia revival
The Star Online, Thursday, 26 Dec 2019
"Engagement and collaboration with Chinese companies bring huge dividends to local players, as they would learn and rewind to align themselves with market forces and efficiency level," said IQI Global chief economist Shan Saeed(pic).
KUALA LUMPUR: The Pakatan Harapan (PH) government has sent a very clear message to local and global investors that it will continue to maintain macroeconomic stability to drive the economy forward, said IQI Global chief economist Shan Saeed.
He pointed out the revived Bandar Malaysia, with an estimated total gross development value of RM140 billion (US$35 Billion), would herald a new era of economic momentum that benefited the masses.
"Engagement and collaboration with Chinese companies bring huge dividends to local players, as they would learn and rewind to align themselves with market forces and efficiency level.
"The government is cognisant of the fact that infrastructure investment can help spur growth, generate employment and provide structural stability to the economy. At the moment, the government looks totally committed in its strategic focus on development, infrastructure and growth, ” he told Bernama TV in an interview here on Tuesday.
Shan, who has more than 18 years of financial market experience in private banking, risk/compliance management, commodity investments, global economy, brand and business strategy, was asked to comment on the recent revival of the 196.7-hectare Bandar Malaysia project in Kuala Lumpur following a signing ceremony between Minister of Finance Inc’s unit TRX City Sdn Bhd and IWH-CREC Sdn Bhd, which is jointly owned by Malaysian and Chinese companies.
IQI Global is a leading property and investment company operating and advising clients in Kuala Lumpur, Singapore, Hong Kong, London, Melbourne, Bangkok, Makati, Toronto and Dubai.
Shan said as countries navigated through turbulent times, infrastructure investment had become a new obsession for many economies in the ASEAN region.
Citing various reports, including from The Economist and the Wall Street Journal, he said ASEAN required US$1.2 trillion in infrastructure investment that could buttress growth in the region.
Some of the countries requiring infrastructure investment are Myanmar (US$400 billion), Indonesia (US$300 billion), Vietnam (US$150 billion), the Philippines (US$150 billion), Cambodia (US$100 billion), Thailand (US$25 billion), Laos (US$50 billion) and Malaysia ($25 billion)
Shan said infrastructure investment had a direct correlation with gross domestic product growth (GDP) outlook with a large impact at the macro level.
"For 2020, we at IQI Global foresee Malaysia's GDP hovering at around 4.4 per cent to 4.9 per cent next year.
"Foreign direct investment would keep (coming in) a steady flow because of three main reasons -- because Malaysia is an important player in the Belt and Road Initiative, is strategically located along the Straits of Malacca, and has a young, tech-savvy labour force," he said.
Shan said Malaysia would continue to be on the global investors’ radar due to its political and economic stability and infrastructure stability that bolstered the outlook of the ringgit, which remained structurally stable and was expected to move around 3.97 to 4.30 against the greenback in 2020. -- BERNAMA - Bernama
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UMNOPutra
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Malaysia will declare "total war" to China if China continue to provoke us in the SCS .. No Doubt .. Our tentera Diraja Melayu with its spirit of "Ketuanan Melayu" will make China "Pulang Kampong" and "Lari Terbirit-Birit" ... 
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Malaysia will continue its claims in disputed South China Sea area, says Saifuddin
PUTRAJAYA (Bernama): Malaysia will maintain its claim in the disputed South China Sea area despite China's objection to Malaysia's submission of the claim to the United Nations last month, says Foreign Minister Datuk Saifuddin Abdullah.
The minister said the ministry has expected Beijing's move and described it as "normal”. "For China to object is something that we expect. This is normal. I’m not saying we are okay about it, but it is our claim and we will maintain that, ” he told a press conference at Wisma Putra here Friday (Jan 3).
When asked about the ministry's next course of action, he said: "It depends, but the unusual end game is (for it to go to) arbitration.”
Saifuddin also said Malaysia is unafraid of retaliation from China. "If we are to fear that, we will not submit our claim," he said.
The minister, when listing Wisma Putra’s achievement in 2019, said that Malaysia has submitted to the UN secretary-general on Dec 12,2019, its claim to the remaining portions of its extended continental shelf at the northern area of Dangerous Ground in the South China Sea (Claim Area Limits of Continental Shelf Phase II).
The South China Morning Post reported last month that China has protested against Malaysia's filing to the UN and has urged the UN Commission on the Limits of the Continental Shelf to not consider Malaysia’s submission.
In the report, Beijing also accused Malaysia of infringing on its sovereignty following the submission. - Bernama
https://www.thestar.com.my/news/nation/2020/01/03/malaysia-will-continue-its-claims-in-disputed-south-china-sea-area-says-saifuddin
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Malaysia will continue its claims in disputed South China Sea area, says Saifuddin
PUTRAJAYA (Bernama): Malaysia will maintain its claim in the disputed South China Sea area despite China's objection to Malaysia's submission of the claim to the United Nations last month, says Foreign Minister Datuk Saifuddin Abdullah.
The minister said the ministry has expected Beijing's move and described it as "normal”. "For China to object is something that we expect. This is normal. I’m not saying we are okay about it, but it is our claim and we will maintain that, ” he told a press conference at Wisma Putra here Friday (Jan 3).
When asked about the ministry's next course of action, he said: "It depends, but the unusual end game is (for it to go to) arbitration.”
Saifuddin also said Malaysia is unafraid of retaliation from China. "If we are to fear that, we will not submit our claim," he said.
The minister, when listing Wisma Putra’s achievement in 2019, said that Malaysia has submitted to the UN secretary-general on Dec 12,2019, its claim to the remaining portions of its extended continental shelf at the northern area of Dangerous Ground in the South China Sea (Claim Area Limits of Continental Shelf Phase II).
The South China Morning Post reported last month that China has protested against Malaysia's filing to the UN and has urged the UN Commission on the Limits of the Continental Shelf to not consider Malaysia’s submission.
In the report, Beijing also accused Malaysia of infringing on its sovereignty following the submission. - Bernama
https://www.thestar.com.my/news/nation/2020/01/03/malaysia-will-continue-its-claims-in-disputed-south-china-sea-area-says-saifuddin
lcloo
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