Taiwan's ex- president Chen Shui -bian insisted that corruption charges against him were political motivated as he returned to court in a case that has already seen his wife plead guity.
"I always respect the judicial system, but now i can't trust it anymore. Prosecutors have fallen so low as to become political tools....some intervened in political and partisan affairs." he told the judges.
He is accused of embezzlement, taking bribes, money laundering, influence peddling and extortion, and faces life imprisonment if convicted on all counts.
Chen is alleged to have pocketed 1.5 billion Taiwan dollars ( US44 million) while in office, including a bribe of US 9 million in a land deal.
Are we going to witness our politicians and cabinet ministers esp. past and present Law Minister, PM singing the same tune as Chen Sui-bian if convicted of the same crimes esp. with the setting out of MACC ? I'm only optimistic if ( ONLY IF ) MACC is not use as a political tool but the ruling gov't. At this point of time and the recent development, i doubt it would achieve the desire objective. Prove me wrong .........
Saturday, February 28, 2009
More Jobs cut, more bad news..........
In London; British mining group Anglo American said it would cut 19,000 jobs this year after reporting a 29-per cent fall in 2008 net earnings to US5.2 billion ( 4.1 billion euros) because of the global downturn.
In US; It was reported nearly 5 million people were collecting unemployment benefits, a record high amid the recession.
In Brazil; Brazilian aircraft manufacturer Embraer slash more than 4,000 jobs, or 20 per cent of it’s workforce, because of the “ unprecedented crisis hitting the world economy.”
In New Delhi; India’s finance minister said that workers may have to accept pay cuts if necessary to protect their jobs .
In Beijing; Multinational companies are hiring less or cutting existing staff in China as they struggle through the global economic crisis.
More…………More……….More……..
1) Nissan
There seems to be no end to the job-cutting spree all across the world. Thousands of more jobs are set to go in the coming months.
In one of its biggest layoffs, Japan's third largest auto company Nissan is planning to lay off 20,000 employees. The job cuts would take place during the next 14 months.
The company also plans to cut salaries and scale down investment plans. Nissan is likely to see a net loss of $2.89 billion in the financial year ending March 31, 2009.
For the October-December third quarter, Nissan posted an operating loss of 99.2 billion yen and a net loss of 83.2 billion yen.
2) General Motors:
General Motors Corp has announced that the company may need $30 billion in total government grants to tide over the crisis. The company has submitted a plan on the company's long term viability to the government.
The company plans to cut 47,000 jobs worldwide and shut down five more US factories.
GM was granted a $13.4 billion loan in December.
GM has closed down 12 manufacturing facilities in the US between 2000 and 2008. GM will shut down 14 more facilities by 2012, five more than were included in the December 2008 plan.
3) Pioneer:
Japanese electronics company Pioneer plans to slash 10,000 jobs.
The company struggling under the recession also plans to shut down its loss-making flat-screen television business. The fall in global sales had led to an earlier elimination of 5,900 jobs last year. Pioneer currently has a global workforce of 36,900.
4) ArcelorMitta:
Image: ArcelorMittal plant. Photograph: ArcelorMittal website
The world's largest steel producer is in trouble. It plans to lay off 9,000 employees across the globe. Of these, 6,000 jobs will be from Europe.
ArcelorMittal workers across Europe gathered in Brussels recently to protest against job losses.
5)Nike:
Nike plans to slash 1,400 jobs. It has a global workforce of 35,000.
The company will also slash its marketing budget to cut down expenses.
In US; It was reported nearly 5 million people were collecting unemployment benefits, a record high amid the recession.
In Brazil; Brazilian aircraft manufacturer Embraer slash more than 4,000 jobs, or 20 per cent of it’s workforce, because of the “ unprecedented crisis hitting the world economy.”
In New Delhi; India’s finance minister said that workers may have to accept pay cuts if necessary to protect their jobs .
In Beijing; Multinational companies are hiring less or cutting existing staff in China as they struggle through the global economic crisis.
More…………More……….More……..
1) Nissan
There seems to be no end to the job-cutting spree all across the world. Thousands of more jobs are set to go in the coming months.
In one of its biggest layoffs, Japan's third largest auto company Nissan is planning to lay off 20,000 employees. The job cuts would take place during the next 14 months.
The company also plans to cut salaries and scale down investment plans. Nissan is likely to see a net loss of $2.89 billion in the financial year ending March 31, 2009.
For the October-December third quarter, Nissan posted an operating loss of 99.2 billion yen and a net loss of 83.2 billion yen.
2) General Motors:
General Motors Corp has announced that the company may need $30 billion in total government grants to tide over the crisis. The company has submitted a plan on the company's long term viability to the government.
The company plans to cut 47,000 jobs worldwide and shut down five more US factories.
GM was granted a $13.4 billion loan in December.
GM has closed down 12 manufacturing facilities in the US between 2000 and 2008. GM will shut down 14 more facilities by 2012, five more than were included in the December 2008 plan.
3) Pioneer:
Japanese electronics company Pioneer plans to slash 10,000 jobs.
The company struggling under the recession also plans to shut down its loss-making flat-screen television business. The fall in global sales had led to an earlier elimination of 5,900 jobs last year. Pioneer currently has a global workforce of 36,900.
4) ArcelorMitta:
Image: ArcelorMittal plant. Photograph: ArcelorMittal website
The world's largest steel producer is in trouble. It plans to lay off 9,000 employees across the globe. Of these, 6,000 jobs will be from Europe.
ArcelorMittal workers across Europe gathered in Brussels recently to protest against job losses.
5)Nike:
Nike plans to slash 1,400 jobs. It has a global workforce of 35,000.
The company will also slash its marketing budget to cut down expenses.
Monday, February 23, 2009
Speed Up Implementation of Projects
PM urges sector to buck up in planning projects under stimulus plan to generate economic growth
Only 70% of the RM7 billion economic stimulus package announced last November has been disbursed and Datuk Seri Abdullah Ahmad Badawi wants the public sector to buck up in planning and implementing people-oriented projects under the package to generate economic growth.
Pm said if the money is was not spent quickly, the gov’ts effort to stimulate growth to cushion the impact of the global economic crisis would not be realized.
“We understand that the allocation has been given, so it is the duty and responsibility of all of us to work as quickly as possible so that the project can be implemented’.
Pak Lah,
We, contractor are fully behind the stimulus package esp. during this economic crisis not only to generate growth but also to generate revenue for companies to survive esp the private sector.
But the implementation is just too bureaucratic and insidious. The culture of money politics are mushrooming esp.in this difficult time and a golden opportunity for those who are in the power to award projects.
Mr. PM, you may successfully implement the speedily of the public delivery system but projects implementation is a totally difference kettle of fish altogether.
Contractors out there, I’m sure you agree with me.
Only 70% of the RM7 billion economic stimulus package announced last November has been disbursed and Datuk Seri Abdullah Ahmad Badawi wants the public sector to buck up in planning and implementing people-oriented projects under the package to generate economic growth.
Pm said if the money is was not spent quickly, the gov’ts effort to stimulate growth to cushion the impact of the global economic crisis would not be realized.
“We understand that the allocation has been given, so it is the duty and responsibility of all of us to work as quickly as possible so that the project can be implemented’.
Pak Lah,
We, contractor are fully behind the stimulus package esp. during this economic crisis not only to generate growth but also to generate revenue for companies to survive esp the private sector.
But the implementation is just too bureaucratic and insidious. The culture of money politics are mushrooming esp.in this difficult time and a golden opportunity for those who are in the power to award projects.
Mr. PM, you may successfully implement the speedily of the public delivery system but projects implementation is a totally difference kettle of fish altogether.
Contractors out there, I’m sure you agree with me.
Sunday, February 22, 2009
Chap Goh Mei Dinner
Guese what? We are celebrating Chap Goh Mei with a BANG! After returning from site, we all take a quick shower and off for BBQ steamboat dinner @ 6:30pm. The place is called Twin Star BBQ Steamboat House. It’s full house! Believe it or not. Sibu populace just don’t enjoying their home cook meal even at this very last day of CNY. What more to say eating at home at any other working days? For us, we have no choice. Pity us!
Anyway, all of us are in the mood for cooking. I even surprise by how to carry out the task although with clumsy hands or fingers ( like me)! Meantime, I think I understand better now why men are made better cook than women! He…he…he….
During the course of the dinner, we witness fire works performance by those enjoying their money burnt and disappeared in the dark sky.
Oops, our Director Lim Sim Huang deserved a special mention here for his sponsor. This is an honour we can’t refuse; after all he is our boss. We are filled by a profound sense of reverence and respect for a man who is, at that moment, reminding me of what a humble man he is.
Happy Chap Goh Mei & to all those single and married ladies, couples in BQSB ~Happy Valentine Day! We all truly deserve a day of special mention beside our birthday.
Bye & take care to you all.
Anyway, all of us are in the mood for cooking. I even surprise by how to carry out the task although with clumsy hands or fingers ( like me)! Meantime, I think I understand better now why men are made better cook than women! He…he…he….
During the course of the dinner, we witness fire works performance by those enjoying their money burnt and disappeared in the dark sky.
Oops, our Director Lim Sim Huang deserved a special mention here for his sponsor. This is an honour we can’t refuse; after all he is our boss. We are filled by a profound sense of reverence and respect for a man who is, at that moment, reminding me of what a humble man he is.
Happy Chap Goh Mei & to all those single and married ladies, couples in BQSB ~Happy Valentine Day! We all truly deserve a day of special mention beside our birthday.
Bye & take care to you all.
Sunday, February 1, 2009
Another Beginning New Year 2009
This is a joke i came across in one of our local daily newspaper and it's a way to wishing all malaysians A Happy New Year and a rewarding yera ahead.
Ah Lian was a pillion rider holding 2 big bags of durians when their motorbike rode over a hump in the town of Balik Pulau i front of the bus terminal.
The rider, her husband, Ah Beng heard a loud `bang!'. He asked Ah Lian, `Durians wu kalau boh? ( `have you drop the durians?)'
Ah Lian shouted: ` Bog kalau! Boh Kalau!Boh Kalau!
So Ah Beng did not bother & continued with the journey along the long & winding road towards Paya Terubong.
When they reached home in Bayan Lepas, Ah Beng got down fron his bike, he was shocked to see Ah Lian without helmet.
He asked Ah Lian: ` Where ids your helmet?' Ah Lian was very angry & replied: Just now i already told you BOH KALAU!'
A Happy New Year .
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