Saturday, September 12, 2009

Tuesday, September 8, 2009

Article 1: Malaysia maintains high spot for doing business

MALAYSIA dropped three rungs to rank 23rd out of a total of 183 economies surveyed in the World Bank's Doing Business 2010 Report released today. Ranked fourth overall in Asia, Malaysia for the third consecutive year became the easiest place to get credit in the world, as well as the cheapest cost in Asia to export per container at US$450, and the second lowest to import at US$450. Malaysia, placed 24th overall two years ago, was ranked fourth in protecting investors, paying taxes (24), trading across borders (35), closing a business (57), enforcing contracts (59), employing workers (61), registering property (86), starting a business (88) and dealing with construction permits (109). The World Bank said Malaysia eased business start-up with a new one-stop shop to streamline registration, adding that the service was still new and the government was planning a public awareness campaign about the new system.

In addition, the Malaysian Institute of Chartered Secretaries and Administrators (Maicsa) reduced company incorporation charges and corporate fees. "Enforcing contracts through the courts was made easier by increased staff and stricter deadlines that have shortened case filing times from 45 days to 30. "In addition, the commercial court has been reorganised to dispose of interlocutory matters more swiftly," the bank said. Singapore, a consistent reformer, is the top-ranked economy on the ease of doing business for the fourth year in a row, with New Zealand in second place and Hong Kong third. Thailand is ranked third in Asia and 12th in the world, one rung better than the previous year.Among the other south east asian countries, Vietnam is ranked 93rd, the Philippines 144th, Laos 167th, Indonesia 122nd, Cambodia 145th and Brunei 96th. The World Bank said Singapore introduced online and computer-based services to ease business start-up, construction permits, and property transfers.

According to the "Doing Business 2010: Reforming through Difficult Times", between June 2008 and May this year, a record 131 of 183 economies around the globe reformed business regulation. Indonesia, the region’s most active reformer, moved up to 122nd spot from 129th on the global ease of doing business rankings. "Business regulation can affect how well small and midsize firms cope with the crisis and seize opportunities when recovery begins," said Penelope Brook, Acting Vice President for Financial and Private Sector Development at the World Bank Group. He said the quality of business regulation helps determine how easy it is for troubled firms to survive difficult times and the speed at which local entrepreneurs would star. Other reforms occurred throughout the region, said the report, citing among others China, ranked 89th, which made it easier for domestic firms to trade by relaxing rules on trade credit. - Bernama


Comment: The Malaysian Institude of Chartered secretaries and administrations(Maicsa) redused company incorporation charges and corporation fees because of Malaysian are being more focus to maintain high spot for doing business.Apart from that, Malaysia eased business start-up with a new one-shop to streamline registration, adding that the service was still new and the government was planning a public awareness campaign about the new system.

Article 2: Couple on m-cycle ram into snatch thieves

A couple on a motorcycle wasted no time when they spotted one of two youths on a motorcycle snatching a handbag from a car near the Ampang Waterfront in Jalan Ampang.

Throwing caution to the wind, Irwanshah Lajis and his wife chased and rammed into the other motorcycle, causing all four to fall off their machines. At this juncture, a police team which was in pursuit of the duo for an earlier snatch theft case near Gleneagles Hospital, caught up with them. While they managed to detain a 20-year-old suspect, the other gave them the slip in the incident about 8am.

Ampang Jaya police chief ACP Abd Jalil Hasan said that initial investigations revealed that the suspect, a drug addict, was involved in three other snatch theft cases. He said that in the second incident, the duo had smashed the front window of the passenger seat with a rock and snatched a handbag belonging to Syahrina Akhmar. Abd Jalil said the 31-year-old victim told police she was aware of being followed by the duo. "When Syahrina stopped at a traffic light near the Ampang Waterfront, the pillion rider smashed the window on the passenger side of the vehicle and snatched her handbag which was on the car seat," he said, reminding women drivers not to leave their handbags on the car seats. Meanwhile, Irwanshah, 29, whose wife was riding pillion on his motorcycle, said he saw one of the two youths smashing the car window and grabbing the victim's handbag. "We decided to give chase and ended up ramming into the youths. All four of us fell on the road, with my wife sustaining bruises on the knees," he said. -- BERNAMA

Comment: Yesterday, a couple on a motorcycle wasted no time when they was spotted one of two youths on a motorcycle snatching a handbag from a car near the Ampang Waterfront in Jalan Ampang. Ampang Jaya police chief ACP Abd Jalil Hasan said that initial investigations revealed that the suspect, a drug addict was involved in three other snatch theft cases.

Article 3: Maxis says iPhone 3GS setting off good buzz

Maxis Communications Bhd, the country's biggest mobile operator, says response to the new iPhone 3GS has exceeded that of the iPhone 3G launch a few months ago.

"Based on the bookings that we have so far, the response is definitely better than for the first launch," Maxis vice-president and head of consumer marketing Tan Lay Han said in Kuala Lumpur yesterday, without providing its sales target.Tan did not disclose how the iPhone 3G had performed, except to say that sales had "exceeded forecast".Pre-bookings for the new handphone have been available for some two weeks and customers are expected to receive them from yesterday.The iPhone 3GS, similar in looks to the iPhone 3G, comes with new features, including video recording, longer battery life and hands-free voice control.

"Maxis is pleased to be among the first in Southeast Asia to offer this phone. Since Maxis introduced the iPhone 3G to Malaysia in March, its functionality and offering of over 50,000 iPhone apps have changed the way Malaysians communicate at work and play."iPhone 3G has kept our customers connected and entertained, with an attractive and easy browsing interface, and has increased Maxis customers' mobile data usage. There is a very diverse range of iPhone users from 12 years upwards," Tan said.Currently, about 40 per cent of its customer base are active mobile Internet users.The company believes that with the iPhone 3GS launch, as well as other initiatives to encourage customers to use applications like social networking sites and Google Maps, it can increase its active mobile Internet user base.

"This is the area that we see good growth potential and we are optimistic that it will continue to grow," head of product development and infotainment services T. Kugan said.Maxis has also introduced new pricing plans.The i-Value 1, 2, 3 and 4, now comes with up to 400 free text messages (Maxis to Maxis) a month, up to 40 MMS a month, and free local calls and text messages to family lines.

COMMENT: iPhone 3G have launch a few month by Maxis Communication Bhd.iPhone 3G come with many function such as video recording,longer battery life,and hands-free voice control.So far,the response is better from customer.Maxis is pleased to be among the first in Southheast Asia to offer this phone.