Wednesday, February 2, 2011

Chinese around the globe celebrating " Kuo Nien."

The New Year gives encouragement to start all over again. in failure, we start again. In success attained in the past year ona a small scale. there is hope for bigger success."

If we have been successful, we can do even better & achieve greater success. The Chinese always forget the past & aim for the future. Don't give up.

Happy Chinese Year to all of you. May the year of the Rabbit brings joy, luck and happiness to you all.

Monday, January 31, 2011

Are We Really Enjoying Our Work?

THERE are times when we have to practically drag ourselves to work. And after we reach the office, we may feel that only our physical body is present, & something is missing as we go through our daily routine.

Considering that we spend quite a chunk of our 24 -hour day at work place, how do we tackle the real-life dilemmas that hamper our professional work & prevent us from leading a richer & more balanced life?

Work is stressful. Sometimes there's no joy, no work-life balance . it's time to discover joy while working.

Let's see what the "special one ' has to say;

Real Madrid manager Jose Mourhina insists he is heading back to Premier League.
The "Special One' lifted the Premier League tiele with Chelsea in 2005 & now wants to "discover the joy" of managing in England.

He paved the way for his return to England." I have decided to return to England.I have nothing prepared about mu future- I just want to be happy in my work.

" I have no preference about MU, MC or Chelsea, I just want to rediscover the joy."
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Jose,

I salute you & fully agree with you. Dear readers; Let's rediscover the joy & happy in our work.

Tuesday, January 25, 2011

M'sian bloggers earn up to Rm1mil annually

BLOGGERS & blog operators these days are able to chalk up revenues of up to RM1mil annually.
According to the daily ,bloggers, who post their personal accounts are now exploiting their blogs for business transactions or advertisement placements, earning an average monthly income of RM70,000.
the daily highlighted blogger Mira Abu Bakar, whose highest monthly income revenue through advertising revenue was Rm12,000 in 2008.
Mira, who has been operating her blog Redmummy.com since 2005, earns an average monthly revenue of Rm2,000.
She admitted that she had to declare her side income with the Inland Revenue Board ( IRB ) as she was unaware about it until she received an audit.
An IRB spokesman said online businesses including via Facebook were bound by the Income tax Act 1967 and their income were taxable just like fixed income.
Nuffnang ( M ) Sdn Bhd manager Nicholas Chay said hat revenue of a blog depened on the number of viewers and visitors at a certain period.
He said popular blogs could earn hugh profits because advertisements or product reviews posted.

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Blogging would improve ones ability to write & one can only improve by writing articles after articles. For those who have "too much free" time, its time to start marking an effort to start blogging. It's worth the effort, i believe.

Saturday, June 12, 2010

RM480m suit against Defence Ministry

The High Court will deliver on July 9 its decision in a company's RM480 million suit against the gov't & 2 others for breach of contract to upgrade the Royal Malaysian Air Force's Northtrop F5 Tiger fighter jets.
The company, in its suit filed in 2005, said that it signed an agreement with the defendants on Jan 11,2001, witnessed by the then prime minister, Tun Dr Mahathir Mohd, for refurbishing work of the fighter jet. According to the agreement, the defendants would paid Rm4.8 million a year for a maximum of 10 years, totalling 48 million, to the company on completion of the refurbishing work.
The agreement also stated that in the event of a breach of agreement by the company, the defendants must issue a written notice and the contract could be terminated after 30 days.
The company said it carried out refurbishment of the fighter jets with CAS Ltd, a company appointed as sub-contractor and completd the job and ended the services of CAS Ltd on jan 26,2002, after it found the sub-contractor's commitment to the upgrading work unsatisfactory.
However, the plaintiff claimed that the defendants held private negotiations with CAS Ltd to continue the job without its knowledge and it was barred from entering the RMAF base.
It also claimed that on May 21,2002, it was announced that CAS Ltd had obtained approval from the defendants to continue the work.
The company claimed that it received the contract termination letter from the defendants on Sept 6,2002, to rescind the agreement on grounds that the plaintiff did not produce the implementation bond within 14 days from the date the contract was signed and had failed to send a flyable technology demonstrator unit before Oct 15, 200, as stated in the agreement.
The company is demanding RM48 million compensation for termination of contract; Rm432 million for loss of future contract; exemplary damages; interests, costs and other reliefs deemed fit by the court.
The defendants, in their statement of defence, said the company had failed to perform and that the contract was given to another party.

source: New Sarawak Tribune. june 12, 2010
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Come July 9, The Judgement Day ! Don't forget to follow up.

Monday, September 14, 2009

Court strikes out RM218 mln suit against Umno

The High Court struck out Elegant Advisory Sdn Bhd’s RM218 million suit against Umno over alleged non-payment for items the company claimed to have supplied during a general election.

Judicial Commissioner Anantham Kasinater, who made the decision in chambers, said the application was without basis and did not follow the Contracts Act 1950.

During the course of submissions, counsel for the plaintiff conceded that there was no written contract. Counsel was unable to highlight the terms of any oral contract.

The plaintiff, when required to provide particulars of the oral agreement to prove privity of contract, was unable to do so. In his 10-page written judgment, Anantham also said that the plaintiff’s claim was frivolous and vexatious.

In its writ of summons, Elegant Advisory said it was engaged in the supply of election merchandise, transportation and publications and that it had supplied Umno with these items for the 11th GE in 2004.

The company claimed that it had sent Umno invoices for a sum of RM218,013,475 and that the party has failed to pay up.

Anantham also said that Section 71 of the act was not founded on contract but embodied the equitable principle of restitution and unjust enrichment.

In our words, the section is applicable to relationship resembling those created by contract but not those based on contract.

The plaintiff would appeal against the decision.

Source: The Borneo Post dated September, 11, 2009.

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Hello Contractors,

Its high time Contractors know Contract Administration; administering contents of the terms and conditions of contract & managing the contracting parties relationship.( E.g Main Contractor & Subcontractors). Most Contractors ONLY ADMINISTER ACTIVITIES AND NOT CONTRACT. Additionally, Rights & Obligations, Roles & Responsibilities of each party are equally important of contract administration.

Let’s see what CA 1950 Section 71 says;

Obligation of person enjoying benefit of Non-Gratuitous Act

Where a person lawfully does anything for another person, or delivers anything to him, not intending to do so gratuitously, and such person enjoys the benefit thereof, the latter is bound to make compensation to the former in respect of, or to restore, the thing so done or delivered.

ILLUSTRATIONS


a) A, a tradesman, leaves goods at B’s house by mistake B treats the goods as his own. He is bound to pay A for them.

b) A saves B’s property from fire. A is not entitled to compensation from B, if the circumstances show that he intended to act gratuitously.

Sunday, August 30, 2009

New English Word- “SEXTING”

In Houston, Texas, thousands of students are returning to school to discover a new rule: no ‘sexting’ – the distribution of nude or semi-nude photographs or videos by text message.

“They were reporting that it was an issue and may be becoming more of a problem,”.

A recent study by the National Campaign to Prevent Teen and Unplanned Pregnancy found 22 % of US teenager girls and 18% of teenager boys have sent messages or posted images or video online showing them nude or semi-nude.

“A student may be sending pictures to their boyfriend and they break up and he sends it to everybody,” said Graff.

Saturday, August 29, 2009

Happy Merdeka Day

MAY I TAKE THIS OPPORTUNITY TO WISH ALL MALAYSIANS

HAPPY MERDEKA DAY