Monday, January 26, 2009
Fishy Meal Across the River
One fine day, me and two colleagues decided to try out a well known (to Sudanese of course) restaurant famous for its fresh fish.
It's right on the other side of the capital city, in Omdurman. About twenty minutes drive from the city centre.
While crossing the river, we could see the land below the bridge very fertile as it has the Nile River besides it.
Nobody's there as Sudanese people would have been there much earlier. As we were there for lunch, it doesn't clash with the local lunch time which is usually around 3pm.
Nothing spectacular of the surrounding area. Lots of desert sand.
This man took the fishes and dipped into their self blended sauce / gravy.
The fishes were snapped from the nearby Nile River.
Can be rest assured that the fishes in the Nile River is very different from those found in Klang River near my Kuala Lumpur home.
Thereafter, it was thrown into the basin full of flour just before it was.
Deep concentration on the discussion about the meeting that was held just before we adjourned to this restaurant.
The piranhas that we have ordered.
It looks like one but we don't know what kind of fish was that. We just swallow it. It ends up the same thing for whatever kind of fish we eat .... hehe
My colleague ordered ten fishes and surprisingly we finished all of them.
Together with three big pieces of bread and three bottles of mineral water, it cost us 33 Sudanese Dinar (US$16.50).
Tags: Fish, Omdurman, Nile River
Sunday, January 25, 2009
Is Interest Rate Really That Low?
Besides this, BNM has also lowered the statutory reserve requirement that financial institutions have to place with the central bank, to 2% from 3.5%. Banks will have more liquidity to fund their lendings.
With this new policy rate, banks in Malaysia get to borrow at the rate of 2.5%
This is really good news for existing loans as borrowers will be paying lesser on lower interest rate. But how much will be passed on to the banks' customers?
Bearing in mind that the current Base Lending Rate ("BLR") imposed across the board is 6.5%. A difference of 4%. Banks are expected to reduce the BLR to reflect the cut in the overnight policy rate.
Two major local banks have announced that their new BLR will be 5.95%, only a deduction of 0.55%. Most banks will follow suit. But I find that the banks are still looking for more profits even at this trying times. BNM reduced the rate due to "downside risks to world economic growth as inflation cools amid weakening demand and falling commodity prices".
Banks don't see the same for their profit oriented businesses. Public Bank Berhad ("PBB") had just announced a RM2.58 billion profit for year 2008. That's only superb in the eyes of their shareholders.
Banks borrow at 2.5% and loan out their funds at 5.95%. Whatever rates that BNM decided to lower may not reflect savings for banks' customers as the BLR determines the actual rate that borrowers will pay in the end. 5.95% is still high.
I'm happy with that cut in BLR as my home loan with PBB is BLR minus 2.1%. Effectively, my interest rate is at 3.85% now.
Reading: Interest rates could fall further - The Edge Daily
Tags: Bank Negara Malaysia, BNM, Overnight Policy Rate, Base Lending Rate
Friday, January 23, 2009
Works Halted for World's Tallest Building
The US$38 billion harbour front project by the Nakheel Group covers about 270 hectares. Offices to be built could accommodate 45,000 people and housing areas for 55,000.
The Nakheel Tower is the main part of the whole project. It's an engineering feat just to construct this tower as it will be at least a kilometre tall. Besides that, four individual towers will be built within a single structure.
After all the fanfare, the financial crunch has to his Dubai (and the world too). Somehow, it did affect the planning for the world's tallest building - the Nakheel Tower. News came about that the skyscraper will not be built according to the planned schedule.
How bad is it affecting Dubai? Even the condominiums situated in Burj Dubai (the current world's tallest structure) are being sold at 50% discount. So, if you have the funds ...... go get one for yourself. Invite me for a stay when I'm in Dubai.
Reading: Cash Crunch Halts Work on Dubai Skyscraper - New York Times
(Pictures sourced from Nakheel website)
Tags: Dubai, Nakheel Group, Nakheel Harbour & Tower, Burj Dubai
Thursday, January 22, 2009
Intel To Streamline Its Malaysian Plants
These consolidation exercise will affect Intel's plants in Cavite, Philippines and Hillsboro and Santa Clara, USA respectively. All in all, 5,000 and 6,000 employees will be affected.
The affected employees, in Penang, numbering up to 1,000 people will be transferred to other existing plants in Malaysia. Intel has a total of six plants in Malaysia (including the affected plants) with three in Kulim, Kedah and three in Penang. The six plants employ up to 10,000 employees.
Any Malaysian companies who are ready to absorb these employees if the world economy becomes worse?
Intel is already facing problems and had to close down its plants owing to current market conditions. They reacted even before we could start boycotting them. What if we continue to boycott Intel and cause them to completely shutdown their Malaysian plants ........ that will be powerful indeed! Now, who will support the 10,000 employees?
I did hear that quite a number of foreign owned related manufacturing plants would be streamlining and restructuring their operations too.
Reading: Intel to Consolidate Manufacturing Operations; Company to Halt Production at Five Older Factories - Intel Corporation
Tags: Intel, Intel Corporation, Assembly Test Facility, Bayan Lepas, Penang
Wednesday, January 21, 2009
Michelin Star For Malaysian Owned Restaurant
Kai Mayfair is owned by a Malaysian, Bernard Yeoh, who in turns entrust the kitchen to the head chef, Alex Chow. The restaurant has been operating for the last fifteen years and it's regarded as the highest honour to be rated by the Michelin Guide.
Just by reading its Dom Perignon menu, it does potrays the class and quality it possesses. Can I get a discount when I'm in London?
Once a restaurant is rated by the Michelin Guide, food connoisseurs and those who likes to eat would be making their beeline towards it. In order to minimise any congestion, the restaurant has arranged for table reservations via email and instant online booking.
Michelin Guide should be making its way to Malaysia in due course and I did submit an application to them hoping to be selected as one of their Food Inspector ........ I like to eat, I know what to look for in a dish and I'm good with food tasting ....... willing to travel for food. Yes, I'm dreaming about it and if I don't dream about it, it's definitely zero chance.
Reading: Michelin first for Malaysian restaurant in London - Star
Tags: Kai Mayfair, Foods of China, Best Chinese Restaurant, Bernard Yeoh, London, Michelin Guide, Michelin Star Rating, Food Connoisseurs, Food Inspector
Saturday, January 17, 2009
Man Utd Asia Tour 2009
I can't wait to see them playing again in Kuala Lumpur. The last time they came was in year 2001 where they played against the Malaysian national football team. Man Utd won 6-0. Could have been more but it was more of an exhibition match lah. Cristiano Ronaldo will be the main draw this time.
Hopefully they will have the match at Bukit Jalil stadium on 26 July 2009. This stadium could fit in at least 78,000 people. It will match Old Trafford's capacity at 76,000. In their last visit, there were 67,000 people in the stadium and the atmosphere in the stadium was absolutely amazing.
The atmosphere will certainly be much more exciting when compared to Chelsea's visit to Kuala Lumpur in the last summer as Man Utd is a well supported club in Malaysia. Even two of friends are Liverpool supporters went along with me for the Man Utd's match last time.
However, my wish is to see both Liverpool and Man Utd coming to Malaysia for a match. This will be a cruncher and it could generate the same atmosphere as if it was played in England.
The Man Utd match will definitely bring in lots of people from all over Malaysia, Singapore and Thailand. Now, my fingers and toes are crossed as I'm hoping that I'll be in Kuala Lumpur during that period.
Top Up When You Need To Fly
But how do they determine that airfare? A fixed rate? A rate normally charged by various travel agents or airlines?
With low cost carrier like AirAsia and Tiger Airways plying this region, you have to surf their websites to catch the deal of the day to get a low price for your travel.
An airline in South Africa will buck the trend in charging their passengers in time to come. A revolution to the air travel industry, I would say so. If not mistaken, this is the first airline to do so in the world although the airline claimed that it's the first in South Africa.
Who are they? What sort of calculation do they adopt in determining the airfare?
I'm sure everyone has heard of the top up or purchasing of prepaid call time for mobile. Well, this airline doing something similar.
Airtime Airlines, owned by Blackbird Aerospace Corporation, is going to change the face of the air travel industry by charging passengers in terms of the number of minutes they travel from one destination to another. For a start, you need to get a starter pack.
For this, they have patented the words "Pay As You Fly".
Example, Destination A to Destination B takes only 60 minutes and you'll be charged at a certain rate per minute for that particular flight. You could have bought a top up for 120 minutes earlier and by now you have used up 60 minutes. Your next destination will be a 2 hours flight. In order to fly, you would have to top up another 60 minutes.
You would have to surf their website frequently to catch the best rate per minute. It could range from 3 Rand to 9 Rand (1 Rand = US$0.11) per minute.
If my usual airline was to adopt this method, my flight from Kuala Lumpur to Dubai of 7 hours will cost me (7 hours x 60 minutes x say 9 rand) = US$416. Wow!!!!!!
This is what I call, low cost carrier. Really low! It really depends on how much they want to charge you per minute.
Unfortunately, it's only available domestically in South Africa.
Tags: Airtime Airlines, South Africa, Blackbird Aerospace Corporation, Top Up, Pay As You Fly, Low Cost Carrier
Thursday, January 15, 2009
Barack Obama's Beast
How heavily modified? Just look at the specifications:-
* Hand-stitched leather
* 10-disc CD player
* 8-inch-thick doors with each door having the same weight of a Boeing 757 airliner's cabin door (because of these doors, it's also called the Cadillac One)
* Boot contains an independent oxygen supply and advanced fire-fighting system
* Defence systems include pump-action shotguns, night-vision cameras and tear-gas cannons (the president must have been trained using all this weaponaries)
* Supplies of the President's blood in case of emergency medical treatment
* Petrol tank is amour-plated filled with specially designed foam to prevent it from exploding
* Tyres on the limousine are Kevlar-reinforced, puncture- and shred-resistant, with special steel rims that allow the car to continue driving even if the tyre is missing
The bad part of the car:-
* top speed of only 60mph (how to have a fast escape from danger then?)
* eight miles to a gallon (wow, that's really a beast!)
The price - £300,000
Reading: The beast – it's Obama's new Cadillac - What Car?
Tags: Barack Obama, Cadillac, Cadillac One, 2009 Cadillac Presidential Limousine, Kevlar
Robert Mugabe Holidaying in Malaysia
The media is saying that the Zimbabwe dictator is presently holidaying in Malaysia. It was reported that his wife arranged for transfer of funds to Malaysia for their month long holiday. Which bank accepted that remittance?
Where are they staying? Media reported that they are residing in a family home ........ where's that? Any Malaysian saw him yet? Looks like our own mainstream media has not reported about his presence in Malaysia or was there a government directive to keep quiet on this.
No one is holding any demonstration on his presence in Malaysia?
One of his recent holiday in Malaysia was in February 2008 in which his family stayed at Nikko Hotel.
Maybe his family is escaping the cholera outbreak (2,016 died; 40,448 infected) in Zimbabwe right now. Apparently, he's here for his routine health check. Which hospital could he had checked into? I'm sure he would have gotten himself a good hospital. Lemme see, Gleneagles? SJMC? Sunway? IJN? Pantai?
There are so many things being reported about him (those bad stuff of course) and the Malaysian authorities have allowed such a leader to reside in Malaysia.
The best part is that he may choose to retire in Malaysia.
Related posts on Zimbabwe.
Tags: Zimbabwe, Robert Mugabe, Cholera Outbreak
Tuesday, January 13, 2009
All Malaysian School Kids Will Be Taught To Hate
Malaysia's former Prime Minister, Tun Dr Mahathir (a person I revered), has called for a nationwide boycott on USA goods unnessarily.
I thought that the said boycott was bad enough until I read this piece of Bernama news that quoted what the Education Minister, Datuk Seri Hishammuddin Tun Hussein, has to say about the Israeli actrocities.
Please check with your school going kids and help them unlearn what they are going to learn in time to come. It was reported that all school kids will somehow be taught on how to have this HATRED feeling against the Israeli atrocities on Palestinians.
It was mentioned that a particular mass movement will involve those in the teaching profession and education ministry staff to be 'brain washed' first before they instill it in the kids.
Please note that this mass movement has been approved by the Cabinet on 7 Jan 2009 (which involves only Barisan Nasional politicians).
Personally, if the Malaysian government wants people to be aware of such actrocities, just teach the positive way. The government declares the nation as an Islamic nation but now they are trying to instill HATRED into the school going kids (please read this statement with proper understanding, no malice & hatred were meant here before you even thought of commenting on this statement alone). A religion teaches us to HATE? What's wrong with the government?
Kids won't be able to differentiate which is correct or wrong unless with proper adult guidance. School kids will be thinking that whichever nation that attacks fervently and without mercy, that nation could be HATED later on.
If school kids so happened saw their relatives fighting but didn't know what happened actually (even though physical fight is incorrect), the school kids would have HATRED feeling against those relatives because they have been taught to HATE. They won't know how to differentiate in different circumstances.
Nothing better to do? What political mileage is there to gain when all school going kids' brains will be destroyed?
The government is really going too far with this mass movement! Do it the positive way!
Why can't the ridiculous Minsitry of Education teach what LOVE is all about?
Teach school kids on how to LOVE and touch other people's hearts irrespective of race / religion / upbringing. Am sure with this, wars won't happen but with HATRED feeling, it will happen right here in our own country itself if not guided properly.
Tell all your friends to check with the kids and instill the right teaching into their minds.
Reading: Students In Mass Movement Against Israeli Actrocities - Bernama
Related post - Besides Boycotting, Quit Too
Tags: Bernama, Israeli Actrocities, Israel, Palestine, Palestinian, Hatred
Monday, January 12, 2009
Sweet Victory for Man Utd
Haha ....... I haven't sms him yet and neither has he.
I read about Jose Bosingwa's (Chelsea's right back player) remark in his pre-match interview. He said that he has inside knowledge to stop Ronaldo. I was not surprised as they play for the same country, Portugal. Halfway through second half, Bosingwa was substituted by Juliano Belletti. Rightly because two goals came from his section. I wonder what inside knowledge he has.
I went to the nearby mamak restaurant to catch some football atmosphere. Big match such as this would normally pack the restaurant. True enough and I got a place about 15 feet away from one of their giant TV. Noticed that a number of customers were wearing the Man Utd jersey.
With a number of near misses, the wait for the first Man Utd goal was really too much for us to bear (can't sense any Chelsea supporters around). Moreover, when it went in it was disallowed. A heart attack situation. From the a corner kick, the ball was directed by Cristiano Ronaldo into goal and majority of the customers clapped and made some noise only to realise in few seconds later that it was disallowed.
In the next few seconds, the corner kick was re-taken and somehow, somehow ..... it met with Nemanja Vidic's head and went straight into goal again. It was meant to be Man Utd's goal no matter what. This time the crowd at the restaurant went wild and celebrated high decibels shouts.
The next two goals from Wayne Rooney and Dimitar Berbatov were clinical finish. All players worked hard for this game. I can't believe that Park Ji Sung could still command a first eleven in the team till today. A memorable game with Man Utd winning 3-0 at Old Trafford.
Liverpool, we are coming!
My Liverpool friends told me this earlier despite Liverpool's certain lousy games - "please look at the table". They are just reminding me that no matter how bad they have played, they are still on top of Man Utd in the English Premier League table.
This was the same comment mentioned by two Arsenal friends during the opening season. Will history repeat itself for Liverpool?
Tags: Man Utd, Chelsea, Football, Soccer, English Premier League, Old Trafford, Jose Bosingwa, Cristiano Ronaldo, Nemanja Vidic, Wayne Rooney, Dimitar Berbatov, Park Ji Sung
Saturday, January 10, 2009
Besides Boycotting, Quit Too
First and foremost, the attack on Gaza Strip has stripped the peacefulness and livelihood of those people residing there. I value human lifes and it's human lifes that we must be concerned about.
With deep respect for the former Prime Minister, I'm deeply concerned with his latest call - Quit your jobs, Dr M tells McDonald's, Starbucks workers.
At this point of economic concern even in Malaysia, the former leader simply called for people to quit their jobs from McDonald's and Starbucks. He is so rich and it was soooo easy just to say that without even thinking. But I think it's so selfish.
Recently, I have spoken to a top personnel from one of the main retail centres in Kuala Lumpur. Her view was that the retail industry would be able to withstand the economic downturn but those involved in the retail industry would be prudent and would tighten their belts.
Another person that I have spoken to is from the information technology industry and the comment was that their industry should be able to hold on at the moment. Still optimistic but would watch their expenses too.
Retrenchment exercises have happened already.
And our former leader suggested people to quit?
I have no interest in any businesses and from my viewpoint, if we quit the jobs and started to boycott the related / linked USA companies, then those companies will definitely shut down forever.
Who else will employ these people who have quit? Tun Dr Mahathir? The present government?
Both McDonald's and Starbucks are owned franchise businesses owned by Malaysians. Are we hitting the Malaysians or the nation of USA? McDonald's and Starbucks are owned by private investors in USA, not the USA government.
By the way, I have one question - why only McDonald's and Starbucks were mentioned specifically? What about 1901 Hot Dog, A&W, Baskin-Robbins, Burger King, California Pizza Kitchen, Carl's Jr, Coffee Bean & Tea Leaf, Domino's Pizza, Dunkin Donuts, Kenny Rogers Roasters, KFC, Long John Silver's, Pizza Hut, Scholtzsky's Deli, Shakey's, Subway, T.G.I.F., Wendys and Yoshinoya (anymore?).
This will definitely kill their fast food industry and without fail, ours too. These workers in the fast food industry can then join the estimated 60,000 unemployed Malaysians.
Is Malaysia the only nation that is going on this path?
I have blogged about those related / linked goods and services under Boycotting of Products/Services (I) and Boycotting of Products/Services (II) detailing what could happened if the boycott was successful.
I wonder what will the present Prime Minister has to say this time. He did say, during Israel's attack on Lebanon two years back, that we should think deeply first and told the people not to talk big only.
Let's ask this question before we start boycotting - will our boycott really affect USA (the government should be the main target) or will it hit Malaysia big time and drag our nation into deep recession?
Why not do it at the maximum and boycott the following:-
* Microsoft, Linux
* Dell, HP, Compaq, Apple, IBM (be it mobile, notebook, desktop, server)
* Intel, AMD
* Blogspot, Wordpress
Might as well kick all the USA companies out from the Multimedia Super Corridor as there are too many of them.
My 2 cents!
Tags: Boycott, Boycott USA, Israel, Gaza Strip, McDonald's, Starbucks
The State of Stock Market
Maybe the the ox's cousin, the bull, hasn't wake up from its deep sleep from late last year.
Related post - Main Cause of Stock Exchange Meltdown
Tags: Stock Market, Year of the Ox, Chinese Lunar Calender
Thursday, January 08, 2009
Underworld: Rise of the Lycans
Underworld: Rise of the Lycans will be shown worldwide generally on 23 January 2009. This movie will depict the war between the Vampires / Werewolves / Humans. Will this movie be the last of the Underworld series?
Nuffnang has somehow managed to arrange for a premiere movie screening on 20 January 2009 at Cineleisure Damansara. Thanks to Buena Vista Columbia Tristar Malaysia and Sony Pictures, Nuffnangers would be able to watch the movie free provided that a blog posting such as this was notified.
The Rise of the Lycans starts Jan 09 and will be one of the major movie attractions during the coming Chinese New Year holidays.
Tags: Underworld, Underworld Rise of the Lycans, Death Dealers, Vampires, Lycans, Werewolves, Buena Vista Columbia Tristar Malaysia, Sony Pictures, Cineleisure Damansara
Wednesday, January 07, 2009
Ikea To Start Selling Cars?
In view of the current world economy, rumours are out that Ikea could be involved in selling cars at a much lower price. Good news at last that cars would be cheaper.
If they are selling it, I won't worry about the spare parts as they always stock it up right up to the warehouse ceiling.
All you need is just one allen key, provided in the package.
Tags: Ikea, Allen Key, Ikea Selling Car
Monday, January 05, 2009
Cinema Ticket Price To Increase 100%?
I would say that majority of the moviegoers would be watching foreign produced movies rather than locally produced. Reason will be basically - huge cost of production movie with famous movie stars.
How are you going to challenge such foreign produced movie then? Easy! Increase the cinema ticket price for such movies beyond the reach of the common folks. Maintain the cinema ticket price for locally produced movies and you'll get a stream of moviegoers watching locally produced movies.
That's the plan of the Malaysian Film Producers Association. Their idea of increasing the price will be detrimental to foreign produced movies, the Hollywood origin in specific, as the targetted price of RM20 will be too much to bear for many people.
Firstly, just go to the queue and see who are the current cinemagoers. Majority would be youngsters from the teenagers to the young adults. They could be watching up to four movies a month and imagine the cost of doing so by then.
Driving them away from the cinemas will drive them to get entertainment of a cheaper mode. Guess what would be the alternative then?
The local production companies are unable to wrestle / match / improve compared with the Hollywood produced movies and now, they have thought of this brilliant idea ................. kill them off by making their movies unaccessible.
Instead of raising their own standards or even increase the budget for producing a movie, they are gunning for an easier way out ................. simple minds and looking for easy money only but at the expense of moviegoers. They assumed that you will watch the locally produced movies when you have no other choice or making your choice limited.
Fortunately, Malaysian Film Development Corporation has mentioned that "it's a serious matter which involves government approval and not just the film industry people, rest assured that no decision will be taken without due consideration".
One thing for sure, the pirated dvd sellers are already ensuring that their production lines will be ready the moment the cinema ticket price is confirmed at RM20. The pirated dvds are available throughout Malaysia at a price of RM7 per movie. Compare that to a total cost of RM100 a family of four has to pay to watch a single movie, that too at the current price.
The efforts to clamp down on pirated goods would be futile after years of making in-roads.
Alternatively, Malaysians who are internet savvy will be downloading tons of Hollywood movies day in day out. Whether it's legal or not, Malaysians were left with limited choices.
Well, I'm not asking everyone to go for pirated dvds or start downloading. Definitely there will be one or two marvellous locally produced movies of which I have seen a number on my own. That's only one or two per year. That's all. If I'm going to watch one or two local movies per year (assuming I can't afford the RM20 ticket), this will cause major problems to the local cinemas.
Cinemas will start to close down, food outlets opened near the cinemas will experience lower sales, lesser people will throng the shopping centres .............. with the current world economy, we better analyse the cost and benefit analysis with lots of details first before making this decision.
Just when BIG cinema is intending to open dozens of cinemas and now this issue.
Lots of people are giving their opinions (or a piece of their mind) in a forum found in Cinema Online in particular on this same issue.
Tags: Malaysian Film Producers Association, Malaysian Film Development Corporation, Hollywood Movies, Film Industry, Malaysia Cinema, Cinema Online
Friday, January 02, 2009
Visit to a Packed Mid Valley
First sighting of Christmas decoration in a shopping centre after coming back from overseas. Such pathetic life of mine eh?
Took these pictures on 1 Jan 2009 in Mid Valley and certain shops are still playing the Christmas songs .......... extended holiday season?
The Super Home Ideas Renovation Expo was the reason that brought me to Mid Valley.
In the expo, I bumped into two friends, both brothers, who didn't know that their brother was in the same shopping centre.
The expo was really packed like mad. Didn't reserve any services or products but it did give me more ideas on how to renovate my home.
I heard from one of the brothers that it was chaotic in the basement car park. Too many cars were roaming in the huge basement car park but still not enough.
When I was leaving, a car spotted me leaving and tailed me to my car. Suddenly, another car appeared from nowhere which stopped just besides me and waiting for me to leave. I wouldn't want to stay to see what's going to happen to that two drivers.
Tags: Mid Valley, Super Home Ideas
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