Indian Mujahideen Chief Has Passport in Shah Rukh Khan's Name
PTPTN goats and poor Bangladeshi women
[BTW, my friend Walski69 summed up aptly by tweeting which Part of a PTPTN censure is which we have an complete era (plus an additional half maybe) grown up with a sense of entitlement]
2. Those who did not get a grant as well as cannot afford to compensate a 20%, have a choice of requesting for a PTPTN loan (or alternative loan schemes). Thousands of Malaysians have performed loans from PTPTN, got their diplomas or degrees as well as faithfully repaid their loans. Without a loan, many would not have gotten their degrees. With a loan, thousands have gotten a aloft education. How do we call a loan a burden when but it, we would not even have gotten your degree?
5. Even if a country had additional money, is further subsidizing tertiary preparation a best way to spend a money? Should we not deposit in mending a healthcare? Preventing crime? Improving open transport?
19032012 "Malaysia Corruption" 3.0 Sekiranya PSC Tidak Penuhi Tuntutan "Malaysia Corruption" 2.0
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RAPID project RM60 billion at Pengerang
School gets RM680,000 for additional building
jangan lupa malam ini Himpunan Pra BERSIH 3.0 di Kg Baru, KL
Sultan Johor 'sindir' pembangkang sabotaj pembangunan?
MH 002, a lost engine, and the best cabin crew
Maju Express Sale & Approved Permit are Part of Mahathir's Ugly Legacy
Ex-premier Dr Mahathir Mohamadlikenedthe sale of RM1.7 billion Maju Expressway to a offered of authorized permits. He said which a sale of MEX appears to be an exercise of creation distinction during a responsibility of government's assistance. The main road was built using roughly RM976 million of supervision grant.
EP Manufacturing Bhd (EPMB), an automotive parts maker, had entered into an merger agreement with Maju Holdings to take MEX for RM1.15 billion as well as assume debts totaling RM550 million, which will value a deal during RM1.7 billion. Maju's boss Abu Sahid Mohamed is expected to have a cold RM600 million++.
Mahathir is dissapoint with a deal. However, a ex-strongman should be reminded which he was a author of these problems. Mahathir had created a era of leaders, businessmen as well as supporters who have been dependent upon government'slargess as well as handouts. However, these handouts have been getting bigger by a year.
The sum volume of grants as well as subsidies given out to cronies as well as businessmen linked to a government, often in a a name of NEP as well as inhabitant interest, should have exceeded billions. How most some-more can a supervision afford? How most some-more prior to this nation is starting to strike a financial extent as well as risk of becoming insolvent?
As a result, this supervision is assisting to emanate a really unhealthy culture. I! t has cr eated a era of Malaysians who have been unappreciative of government's help as well as assistance. Abu Said Mohamed should be ma! de to co mpensate back a accede to amounting to roughly a billion ringgit. This income belongs to a people.
It is impending for Barisan Nasional to not usually repair this enlightenment of ungratefulness as well as giveaway loading, it should repair a damaged domestic as well as governance system. Barisan Nasional is not usually a damaged bloc but it is additionally incompetent to reverse a slip into a sleazy domestic oblivion.
Without fixing a domestic enlightenment which promotes as well as uses patronage, grants, income as well as titles it will reach a indicate of sum breakdown. When this happens, a bloc will be used up as well as broken by a own follies.
The sale of Maju expressway is nonetheless an additional explanation which Umno has changed really little. Public accountability is still not in a party's vocabulary.
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'Act on opposition leaders who disrespect Malay rulers'
They made a call in a full-page report in Umno-ownedUtusan Malaysiatoday, in which a daily criticised a purported actions of PKR deputy president Azmin Ali (left) as well as Batu MP Tian Chua, who is additionally a PKR vice-president.
About 20 NGOs additionally lodged police reports accusing a antithesis of showing disregard to a Malay rulers.
Perkasa president Ibrahim Ali asked why a alternative antithesis leaders were quiet, insteading of responding to a allegations of disregard to a Malay rulers.
"They have been not responding to a allegations as they do not want to be seen as defensive because they have been truly concerned in disrespecting a Malay rulers. If they reply, they should repudiate a allegations if they is not true.
"They have been in a quandary now as well as a most appropriate way is to keep quiet,"Utusan Malaysiaquotes Ibrahim as saying.
Federation of National Silat Exponents chairperson Omardin Mauju additionally warned a antithesis not to uncover disregard to a Yang di-Pertuan Agong.
"We have four million members as well as we will not concede upon issues regarding to a Malay rulers as well as a Yang di-Pertuan Agong," Omardin is quoted as saying.
The daily additionally quotes Malay Professional Thinkers Association chairperson Kamarudin Kachar as observant which if Azmin as well as Tian Chua (r! ight) had not acted disrespectfully, they should come out in a open as well as repudiate it.
"Their silence usually shows which they have been incapable of responding to a allegation. We have been not astounded which they have been keeping quiet, for they have additionally kept still upon issues involving a firmness of a nation," Kamarudin said.
Utusan Malaysiaalso reported which multiform demonstrations have been hold to uncover a people's exasperation upon a ! issue.
Home Minister Hishammuddin Hussein is quoted byThe Staras calling for a Royal Commission of Inquiry upon antithesis leaders who ridicule a Yang di-Pertuan Agong. Read More @ Source
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Johor Royalty linked to assault on rapper
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Maju Express Sale & Approved Permit are Part of Mahathir's Ugly Legacy
Ex-premier Dr Mahathir Mohamadlikenedthe sale of RM1.7 billion Maju Expressway to the offered of authorized permits. He said that the sale of MEX appears to be an exercise of creation profit at the responsibility of government's assistance. The highway was built using roughly RM976 million of supervision grant.
EP Manufacturing Bhd (EPMB), an automotive tools maker, had entered in to an acquisition agreement with Maju Holdings to acquire MEX for RM1.15 billion as well as pretence debts totaling RM550 million, that will value the understanding at RM1.7 billion. Maju's trainer Abu Sahid Mohamed is approaching to have the cool RM600 million++.
Mahathir is upset with the deal. However, the ex-strongman should be reminded that he was the creator of these problems. Mahathir had created the era of leaders, businessmen as well as supporters who have been dependent upon government'slargess as well as handouts. However, these handouts have been removing bigger by the year.
The sum volume of grants as well as subsidies since out to cronies as well as businessmen related to the government, mostly in the the name! of NEP as well as national interest, should have exceeded billions. How most some-more can the supervision afford? How most some-more prior to this nation is starting to strike the monetary limit as well as risk of becoming insolvent?
As the result, this supervision is assisting to emanate the really unhealthy culture. It has created the era of Malaysians who have been unappreciative of government's assistance as well as ! assistan ce. Abu Said Mohamed should be done to pay behind the accede to amounting to roughly the billion ringgit. This money belongs to the people.
It is pertinent for Barisan Nasional to not usually repair this enlightenment of ungratefulness as well as free loading, it should repair the damaged domestic as well as governance system. Barisan Nasional is not usually the damaged coalition but it is also unable to reverse the slide in to the slippery domestic oblivion.
Without fixing the domestic enlightenment that promotes as well as uses patronage, grants, money as well as titles it will reach the indicate of sum breakdown. When this happens, the coalition will be used up as well as destroyed by the own follies.
The sale of Maju expressway is yet another explanation that Umno has altered really little. Public burden is still not in the party's vocabulary.
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Panicky Dr M tells Najib to hold GE-13 "NOW" before Umno burns all its chances
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Another BN family scandal: Soi Lek's brother and RM90mil in cash cheques
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From transport to land banks, Umno-BN bestows non-stop largesse to Syed Mokhtar
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'Selangor MB, 19,000 more moved to new zones'
More than 19,000 purebred voters have been moved to opposite localities as well as not usually Selangor Menteri Besar Khalid Ibrahim, said Election Commission (EC) chief Abdul Aziz Mohd Yusof today.
Abdul Aziz told reporters a commission had been working upon range correction since 2004 using a Electoral Geographical Information System (EGIS), after chairing a lecture for MPs upon election-related matters.
"Khalid is not a usually a single whose choosing by casting votes constituency was prepared - so far a EC has rectified a choosing by casting votes constituencies for 19,342.
"We have not conducted any delineation, which would require Parliament's agree as well as dual thirds majority," said Abdul Aziz.
[More to follow] Read More @ Source
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The Challenge of Islamic Finance
April 16, 2012
Project Syndicate: Andrew Shang
The Challenge of Islamic Finance
by Andrew Shang
Andrew Sheng, the arch adviser to China's Bank Regulatory Commission, is the Professor at Tsinghua University's Graduate School of Economics as well as Management as well as at the University of Malaya, Kuala Lumpur. Previously, he served as Chairman of Hong Kong's Securities as well as Futures Commission, as well as was Deputy Chief Executive of the Hong Kong Monetary Authority. In the late 1990's, he chaired the Financial Stability Forum's Task Force upon Implementation of Standards. His ultimate book is From Asian to Global Financial Crisis.
With Britain now in talks to sell part of the government's 82% stake in the Royal Bank of Scotland to Abu Dhabi sovereign-wealth funds, the Islamic world's flourishing monetary poke is once again upon display. That poke additionally poses the systemic challenge to the widespread way that monetary is now practiced around the world.
From humble beginnings in the 1990's, Islamic monetary has turn the trillion-dollar industry. The marketplace accord is that Islamic monetary has the splendid future, owing to favorable demographics as well as rising incomes in Muslim communities.
Despite skepticism per place to live between Islamic as well as tellurian finance, heading ban! ks have been buying Islamic bonds as well as forming subsidiaries specifically to control Islamic finance. Special laws have been enacted in non-Muslim monetary centers London, Singapore, as well as Hong Kong to facilitate the operation of Islamic banks as well as associated monetary institutions.
How should these developments be noticed from the viewpoint of Western monetary as well as mainstream mercantile analysis? Does Islamic monetary unequivocally consecrate the viable pick monetary system?
The really fact that such the question is asked nowadays is significant. Not so prolonged ago, Islamic monetary was superficially dubbed the zero-interest-rate complement that would lead to inadequate as well as emasculate apparatus mobilization as well as utilization. Ironically, mainstream executive bankers today customarily make use of precisely such policies when pursuing large "quantitative easing."
There have been dual executive precepts of Islamic finance: absolute prohibition upon charging seductiveness upon monetary transactions, as well as tall dignified standards upon the part of lenders as well as borrowers. Interestingly, the many appropriate mercantile rationale for the zero-interest-rate complement is supposing in John Maynard Keynes's The General Theory:
"Provisions against usury have been amongst the many ancient mercantile practices of that you have record.In the world, therefore, that no the single reckoned to be safe, it was roughly inevitable that the rate of interest, unless it was tempered by each instrument at the disposal of society, would climb too tall to assent of an competent inducement to invest."
Keynes suggested that only the really low or 0 seductiveness rate could ensure successive full employment as well as distributional equity. Keynes's endorsement of such the policy does not necessarily make it right, though his research do! es sugge st that it should be regarded as the serious proposition.
Importantly, nonetheless seductiveness is prohibited under Islamic finance, profit is not; the latter is derived from assorted arrangements that mix monetary as well as enterprise. In essence, this is the profit-sharing as well as risk-sharing complement that is based entirely upon equity finance.
Islamic monetary thus contrasts with the stream widespread complement based upon interest-bearing debt, in that risks have been theoretically eliminated to debt holders, though in practice have been socialized during crises. Other things being equal, many economists will determine that debt monetary leads to larger instability than equity finance.
It follows from the second vital tenet of Islamic monetary that if people adhered particularly to the ethical requirements, there would be fewer moral-hazard problems in Islamic banking. Moral jeopardy exists in all systems in that the state in conclusion absorbs the risks of private citizens.
But, either any particular complement is fit in avoiding dignified jeopardy is the matter of practice, rsther than than of theory. Many would determine that, historically, Christian probity played an critical purpose in the climb of Western capitalism. Secular capitalism, however, has gifted an erosion of values, whereby the monetary zone has put the own interests above those of the rest of society. If the ethical values in Islamic monetary grounded in sharia religious law can further deter dignified jeopardy as well as the abuse of fiduciary duties by monetary institutions, Islamic monetary could infer to be the serious pick to stream models of derivative finance.
Moreover, the simple beliefs of Islamic monetary force us to re-think the ethical basis of complicated monetary arrangements, that have evolved in to the tellurian reserve-currency complement founded upon fiat money. In the past, gold had been the anchor of monetary stability as well as monetary discipline, even if it was de! flationa ry.
The exam of any pick monetary complement depends in conclusion upon either it is or can be some-more efficient, ethical, stable, as well as variable than the prevailing system. For now, there is no Islamic tellurian reserve currency as well as no lender of last resort. But the Islamic universe is the custodian of huge natural resources that back the trading as well as monetary activities.
As the Islamic universe grows in status as well as influence, Islamic monetary will turn the challenging aspirant to the stream monetary system. The universe would have most to gain if the dual systems were to compete sincerely as well as constructively to encounter people's needs for different sorts of finance.
Related articles
- The tellurian climb of Islamic finance (hifzanshafiee.wordpress.com)
- Halal & Shari'ah Compliance.. A Process or A Value? (benefitpoint.wordpress.com)
- Islamic monetary in the Middle East prepares for brand new growth surge (noorislamicbank.wordpress.com)
- Islamic monetary contingency pierce from personality to institutionalisation (noorislamicbank.wordpress.com)
Read More @ Source
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Maju Express Sale & Approved Permit are Part of Mahathir's Ugly Legacy
Ex-premier Dr Mahathir Mohamad likened the sale of RM1.7 billion Maju Expressway to a offered of approved permits. He said which a sale of MEX appears to be an practice of creation distinction at a responsibility of government's assistance. The main road was built regulating roughly RM976 million of supervision grant.
EP Manufacturing Bhd (EPMB), an automotive parts maker, had entered into an acquisition agreement with Maju Holdings to acquire MEX for RM1.15 billion as well as pretence debts totaling RM550 million, which will worth a understanding at RM1.7 billion. Maju's trainer Abu Sahid Mohamed is approaching to make a cool RM600 million++.
Mahathir is upset with a deal. However, a ex-strongman should be reminded which he was a author of these problems. Mahathir had combined a generation of leaders, businessmen as well as followers who have been contingent on government'slargess as well as handouts. However, these handouts have been getting bigger by a year.
The sum amount of grants as well as subsidies since out to cronies as well as businessmen linked to a government, often in a a name of NEP as well as natio! nal inte rest, should have exceeded billions. How most some-more can a supervision afford? How most some-more prior to this nation is starting to hit a monetary limit as well as risk of becoming insolvent?
As a result, this supervision is helping to create a really diseased culture. It has combined a generation of Malaysians who have been indiff! erent of government's benefit as well as assistance. Abu Said Mohamed should be done to compensate back a accede to amounting to roughly a billion ringgit. This income belongs to a people.
It is impending for Barisan Nasional to not usually repair this enlightenment of ungratefulness as well as free loading, it should repair a damaged domestic as well as governance system. Barisan Nasional is not usually a damaged bloc though it is also unable to retreat a slide into a sleazy domestic oblivion.
Without fixing a domestic enlightenment which promotes as well as uses patronage, grants, income as well as titles it will strech a indicate of sum breakdown. When this happens, a bloc will be used up as well as destroyed by a own follies.
The sale of Maju expressway is yet an additional proof which Umno has altered really little. Public accountability is still not in a party's vocabulary.
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ISU PTPTN! KASI BUANG PENGKHIANAT NI SEMUA! NURUL DAN TIAN CHUA PATUT MALU LA!
Jgn politikkan tp Tian Chua dan puteri si juburi berucap di demo dpn sogo buat apa?
Wah, hebat kan? So kita tau la siapa dalang dibelakang gerakan tak masuk akal ni...kan?
Hasilnya apa kita dapat?
Wahai Uitm! Ini kereta pensyarah UiTM yang stick on bebudak tyro buat demo
Baiklah, aku malas nak ulas banyak mereka yang lahanat ni, ada baiknya mereka ni semua dibuang dari kolej atau U yang sedang mereka belajar ni.
Cuma aku tertarik dengan satu artikel oleh Tukang Dok Peghat ni, nak tau apa dia? KLIK SINI
MCA's recruitment drive for phantom voters?
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Kids of UMNO/BN leaders are millionaires in their 20s...
The persisting PTPTN emanate is unequivocally really telling. In all probability it will be similar to a self-evident fourth mill which broke a camel's behind for BN.
Just take cognizance of theTun Dr Mahathir's statement. He says which it was saudara Anwar Ibrahim who put a preparation loan complement in place when DSAI was a emissary prime minister.
If a Tun Dr did not lift a finger to throw Anwar Ibrahim's thought to introduce a PTPTN, afterwards does it not meant which a afterwards PM is some-more guilty of this unjustified weight upon a immature as well as their families?
Students have been asking where have been all a mega bucks from a oil money going to. They ! have bee n asking how come a Tun is still having a magnificent as well as premium office for himself during a PETRONAS Twin Towers when he is no some-more employed as a prime minister. They wish to know where is a let entrance from, let alone a maintenance of his in isolation office.
They have been asking this question since they cannot enjoy even a single ringgit as relief for fees since so most ministers have been vital a high-flying lifestyle.
Students have been angry since they review about sons as well as daughters of who is who in locale inside of a power barricades of BN, enjoying a intemperate lifestyle, driving exotic cars as well as becoming millionaires in their twenties since a tens of thousands of students have to steal to study as well as end up paying by their noses to settle a loan.
Education is a salvation of a nation's progress as well as development. Education is a goal for nationhood. Education is a investment for a future.
But when which preparation is something which you have to be yoked with repayment, a impulse as well as motivation to excel takes a behind seat. Putting food for a family upon a table becomes a priority.
Why have you marked down a destiny leaders as well as nation-builders to be beggars by a PTPTN scheme? Is putting up Twin Towers far some-more critical to nation-building than giving un-burdened preparation to a young?
Are there no countries in a world which have no twin tower as well as spanking palaces though have proven to be a success story upon this planet?
We can steal as well as spend lavishly to set up spanking dwellings, though you cannot let a immature focus upon preparation without having to worry about re-payments as well as in being disheartened since no scholarships were inside of sight.
Ask a students, ministers. And have a bravery to let your main tide media report a total law as well as zero though a truth.
And a Tun Dr Mahathir has no contrition in blurting which DSAI is a one who created a PTPTN.How broke can a leaders get inside of their heads as well as hearts?-Malaysia Chronicle
PTPTN adalah ibarat 'Ah Long' yang membendung pelajar sebaik saja dia tamat pengajiannya. Hari ini PTPTN telah membawa halatuju pendidikan negara ke arah yang songsang.
Pendidikan tinggi berkualiti telah dipesongkan sehinggakan pengajian tinggi itu seolah2 merupakan institusi yang hanya untuk menjanakan wang semata2. Lantaran itu,ramai daripada graduan akan menjadi hamba kepada PTPTN sebaik saja mereka tamat pengajian mereka,jelas Ng.
Dia mendesak agar gomen dengar pandangan rakyat dan mohon agar skim tersebut dimansuhkan.
Pengajian tinggi di negara ini seharusnya adalah percuma dan melalui bantuan gomen atau beserta dengan yuran yang berpatutan dan murah, maka lebih ramain pelajar daripada keluarga miskin boleh menikmati pendidikan tinggi tersebut.
Pelajar2 sedang membantah skim PTPTN bermasalah ini dan pada Sabtu lalu seramai 500 pelajar telah membuat bantahan di Dataran Merdeka, Kuala Lumpur.
Sekumpulan seramai thirty orang pelajar masih berkhemah di Dataran Merdeka dan akan terus berada di situ hinggalah tuntutan mereka dipenuhi oleh pihak berkuasa.
Tiada kebebasan dengan semak semula UUCA
Ng juga menyentuh tentang (Akta Universiti dan Kolej Universiti 1071)University as well as University Colleges Act (UUCA)1971 yang telah dibentangkan di Parlimen baru2 ini. Menurut Ng, ia masih ! menindas hak kebebasan pelajar dan menyekat mereka daripada bersuara.
Menurutnya,pindaan yang dibuat hanya merupakan memindah kuasa mutlak atas pelajar daripada Kementerian kepada direktor2 dan registrar Universiti2 berkenaan.
Katanya lagi,director2 ini tidak dilantik oleh pelajar dan pensyarah dan dengan itu mereka t! idak ber hak mewakili kebajikan pelajar2 semua. Katanya,Timbalan2 Chancellor dan para pentadbir seharusnya dipilih oleh pelajar dan pensyarah.
Ng berpendapat bahawa kedua2 PTPTN dan UCCA hendaklah dimansuhkan.-malaysiakini
Students occupying Dataran Merdeka have received brand new tents to replace those ripped down by city council officers, between other donations from well-wishers.
The occupation, right divided in a third day, received a first collection of 4 or 5 tents upon a first day, as well as an additional 5 final night, according to Solidariti Mahasiswa Malaysia cabinet member Haziq Abdul Aziz today.
He pronounced a students additionally received assist in a form of food, drinks, as well as cash several times a day.
"We had so most food final night which you donated a little to a homeless," he said.
The students have during slightest a dozen tents during hand, 3 of which have been erected in Dataran Merdeka while a rest have been in storage.
Today, in a arise of this morning's incident where one of a students tents was ripped down, Pantai Jerejak assemblyperson Sim TzeTzin brought 3 tents with him, as well as a little placards as well as a tiny white board.
"Every tent they tear down, you will give the! m three! " he said.
Bukit Bintang MP Fong Kui Loon , Segambut MP Lim Lip Eng, as well as aides of Bukit Lanjan assemblyperson Elizabeth Wong arrived later with an additional 8 tents as well as some-more supplies.
There was additionally a an additional concession of a vast bag of clothes, which a students intend to give away.
The students have been occupying a block in shifts since Saturday to call for giveaway education, as well as a abolition of a National Higher Education Fund (PTPTN).
The have vowed to stay put until a Bersih 3.0 convene upon April 28, or when their final have been met.
Haziq pronounced a organisation was additionally visited by a outpost bearing Umno's logo, pronounced to be from a its Social Affairs Secretariat.
The outpost was carryingnasi lemakmeant for a homeless, as well as Haziq pronounced a little pedestrians took a food.
However, a students rejected a food suggest out of fear which it would become an emanate to be played up.
Earlier today, Batu MP Chua Tian Chang, improved known as Tian Chua, visited a students. He urged a authorities to apply oneself a student's rights to assemble peacefully.
Ooi Siew Lan (left), additionally popularly known as Aunty Bersih, was additionally present to give support.
Holding a student's concession box, she said, "Donate, donate donate! PTPTN is a biggest loan shark!"
"Why isn't (Premier) Najib (Abdul Razak) coming? If Najib can't come, because not send (his deputy) Muhyiddin (Yassin)? If he can't come too,! because not send a Higher Education Minister?" she said.
Siswa di Dataran terima sumbangan khemah
cheers.
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