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EPF's "spending spree"?

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by The Mamak Gang The Independent calls it a "spending spree" but according to the EPF it's not as lavish as it sounds and explains where OUR savings totaling some RM5 billion will go: - EPF's RM5 billion investment in the UK: Where the money will go Banyak tu! "Spending spree" ni maksudnya belanja macam nak rak/boros/gila2. Baca cerita "shopping spree' di sini. Sebenarnya bukanlah EPF ni nak joli. Sumber2 yang saya percayai bilang duit EPF, iaitu duit simpanan hari tua untuk kebanyakan kita, akan dilabur dengan cermat. Insyallah, dividen tahun2 hadapan akan labih tinggi lagi. Katanya lah .. tapi esok kalau dividen kurang, tahulah kita kalau cakap orang2 kat KWSP ni boleh pakai ke tidak. Sila baca jawapan EPF: EPF CLARIFIES PROPERTY INVESTMENTS IN UK In response to a report published in The Independent on Sunday (Business) on 29 August 2010, the Employees Provident Fund (EPF) wishes to clarify that the EPF is investing £1 billion on pr...

KijangMas ComingTime to Die!

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Coming out of nowhere dropping like rain Stormbringer dance on the thunder again. Dark clouds gathering breaking the day No point running `cause its coming your way! Stormbringer -- This song from the 1974 album of the same name by legendary rock group Deep Purple is one of the most exhilarating songs Ive ever heard. And `exhilarating was also how I and many others had viewed the grand entrance of KijangMas in blogosphere when he started the Demi Negara blog in the middle of 2008. Of course, to some people, the more accurate adjective for their reaction was`frightening. CAPTION: Click on the image for the original rendition by David Coverdale and the full lyrics of Stormbringer For this was a man whose writings were in a class of their own (one PR-supporting, BN/Umno-hating writer tried hard to belittle the quality as if he, the critique wannabe, was of Pulitzer category). They were of uncommon boldness, depth and quality. This was the en...

Rapper faces sedition charge over YouTube clip

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KUALA LUMPUR: Malaysian rapper Namewee is being investigated for sedition, police said Monday, after posting a YouTube video which drew allegations he was stirring up ethnic tensions in the multicultural nation. Wee Meng Chee, 27, better known as Namewee to his fans, made national headlines three years ago over another YouTube clip mocking the national anthem which authorities also said was seditious. He apologised for that incident, but is in fresh trouble for posting a three-minute rap titled "Nah" criticising a Muslim Malay headmistress accused of making racial slurs against her ethnic Chinese and Indian students. "We are investigating him under the Sedition Act," Bakri Zinin, the Federal Criminal Investigation chief, told AFP, adding that Wee will soon be called to give a statement. Wee faces up to three years in prison if he is charged and convicted. The rapper removed the video from YouTube on Sunday, after prompting...

Mahathir : Relevant Again?

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Obviously not ... Here is an artcle from a real Malay ... Enjoy Mahathir is indeed a master of all things politics. He transcend UMNO, Barisan Nasional and possible everything political in Malaysia. Mahathir’s shameless political pragmatism is only trumped by the audacity of his use of issues, whether racial, religious or economic to further his own agenda. But perhaps in the twilight of his years he has become frail of mind and unable to be the clever manipulator of the public as he once was. He predicted that there will be an escalation in racial tension and division should NEP-style policies be removed. This judicious use of racial and wealth division to conjure up an Armageddon that will destroy our country has only inadvertently exposed Mahathir to the public as the master manipulator that he really is. Perhaps, this time irrevocably! Let me explain why I say this! Even at 84 Mahathir wants himself to be relevant. Consistently from the time he left government that has been his h...

DAP Super Racist,Melayu Jadi Bangsat?Anda Setuju?

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Sempena hari kemerdekaan,blog ini mendapat satu komen yang menjelaskan realiti sebenar pandangan chauvanist ultra kiasu terhadap melayu Islam. Inilah realiti yang terpahat didalam hati dalam semua golongan chauvanist ultra kiasu terutamanya sosialis DAP.Inilah yang ada didalam benak Lim Kit Siang,Guan Eng,Nga Khor Meng,Ngeh Khor Ham,Teresa Kok,Ronnie Liew dan semua pemimpin DAP Pisau siarkan komen ini agar semua orang melayu tidak kira mana mana idiologi politik untuk fikirkan sejenak inilah yang sering diperkatakan dikalangan chauvanist DAP sesama mereka terhadap bangsa melayu dan Islam. Komen dibawah memperlihatkan sikap rasis dan perkauman ultra kiasu terhadap bangsa melayu Islam. Comment from Coolooc 31/8/10 7:20 AM It is undeniable that malays are stupid, incapable and lazy. Why don't they just humbly admit the facts and repent and learn from other races especially Chinese? What is the point to argue here and wasting time again? From the first onwards we were merely telling...

Accidents cost Malaysia RM9.3bil

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SHAH ALAM: Malaysia is paying a heavy price due to road accidents, and the cost to the economy last year was about RM9.3bil, Road Safety Department director-general Datuk Suret Singh said. "The massive loss was calculated taking into account various aspects, including insurance payout, medical costs and productivity loss due to permanent disability resulting from road accidents," he said. Once the road users, especially motorcyclists, changed their mindset and became more disciplined in road usage, the country could save the RM9bil which amounted to 1.5% of the country’s Gross Domestic Product (GDP), he said at the safety and health campaign on roads and at the workplace organised by Proton Holdings Berhad at its headquarters here on Wednesday. The event was launched by Proton Group Managing Director Datuk Syed Zainal Abidin Syed Mohamed Tahir. Suret said his department had helped to reduce the road accident injury rate by 42% over the last five years. "The department ha...

RAM Expects Economy To Expand 7.4 Per Cent This Year

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RAM EXPECTS ECONOMY TO EXPAND 7.4 PER CENT THIS YEAR RAM Holdings Bhd expects the economy to expand by 7.4 per cent this year albeit a moderate momentum in the second half of this year. It said Malaysia's gross domestic product (GDP) is expected to grow at 5.6 per cent slower pace in the second half of 2010, on account of moderating external demand, fading low-base effects and easing restocking activities. The projected second half growth was broadly in line with the country's potential output, it said in a statement. For the second quarter of this year, RAM said Malaysia has recorded a stronger-than-projected 8.9 per cent GDP growth. It said Malaysia's inflation rate reflected rising consumer confidence and recovering global demand following worldwide financial turbulence. The year-on-year increase in the domestic inflation rate to 1.9 per cent in July (coinciding with the commencement of the Malaysian government's subsidy rationalisation programme) is mainly attributa...

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