BERA (Nov 28, 2012): The government has tasked two
cooperatives to get more Chinese traders to participate in the Retail
Shop Transformation Project (Tukar) which has attracted less than 10 per
cent of entrepreneurs from the community so far, Domestic Trade,
Cooperatives and Consumerism Minister Datuk Seri Ismail Sabri Yaakob
said here.
Source from (The Sun Daily): http://www.thesundaily.my/news/551446
Published: November 29, 2012
Source from (The Star Online): http://thestar.com.my/news/story.asp?file=/2012/11/28/nation/20121128145939&sec=nation
Published: November 29, 2012
Source from (Bernama): http://www.bernama.com/bernama/v6/newsindex.php?id=712167
Published: November 29, 2012
The government had also provided an allocation of RM8 million to the
cooperatives - Koperasi Jaya Diri Malaysia Bhd and Koperasi Peralihan
Usahawan Bersatu Cina - to do the job, which involved disseminating
information on the project in Chinese to the targeted traders, he said.
Ismail Sabri said Chinese traders were reluctant to participate in
the project because they could not obtain clear explanation of the
project.
"We hope the two cooperatives will help disseminate the relevant
information on Tukar in Chinese dialects to the traders for them to
better understand the project," he told reporters after a dialogue with
Chinese traders in Triang, here, yesterday.
Tukar is one of 13 Entry Point Projects under the Economic
Transformation Programme to modernise 500 small retailers and
co-operatives by the end of the year.
Ismail Sabri said it was not necessary for traders joining the Tukar
project to sell only 1Malaysia products at their outlets as they could
also sell other goods.
"The management of the business is upgraded under the Tukar project to be more systematic," he said. – Bernama
Friday, November 30, 2012
Wednesday, November 28, 2012
Dr M: M’sia needs proper rule for gold trading, investment
KUALA LUMPUR: Malaysia needs a proper regulation to govern gold trading and investment, said former prime minister Tun Dr Mahathir Mohamad. Commenting on the recent controversial gold investment schemes involving several companies, he said there was no proper regulations for such trading and investment.
Source from (The Star Online): http://biz.thestar.com.my/news/story.asp?file=/2012/11/27/business/12372209&sec=business
Published: November 27, 2012
“I recommend gold as a kind of reserve or saving, better than money, as it is more likely to appreciate.
“I do not know what's the issue with this Genneva company, but I think it should be investigated to find out what did it do wrong.
“On the other hand, people (the investors) also deserve fair treatment because if you totally stop the transactions, their money will get stuck,” he told reporters after delivering a keynote address at the 3rd World Riba Conference.
Last month, Genneva Malaysia Sdn Bhd, a gold trading company, alongside a few other companies of similar business nature were raided by Bank Negara, the police, Domestic Trade, Cooperatives and Consumerism Ministry and the Companies Commission of Malaysia.
Assets and accounts were seized and frozen to facilitate investigations into suspected offences, including illegal deposit-taking and money laundering.
It was reported that a total of 142.7kg in gold and monies (in bank accounts and cash) amounting to RM101.9mil were seized from Genneva Malaysia, Pageantry Gold Bhd, Caesar Gold Sdn Bhd and Worldwide Far East Bhd.
On the issue of riba or interest and its link to continued global recession, hyperinflation as well as social unrest, Dr Mahathir said riba was dangerous as there was no fixed return and the bank itself had to participate in the business.
“The (Islamic) banks know it must be in the business that gave the return where it wouldn't just lend money just because for the sake of increasing its assets. They must ensure that the survival and the profitability of the business,” he said.
Conference chairman Prof Dr Ahamed Kameel Mydin Meera said it was more important now than before to discuss the issue of riba amid signals of another financial crisis brewing.
He said despite constant reports on the economic recovery, many economists believed that the world was up for another crisis as unemployment rates remained a prickly issue in most developed countries.
“The discourse on riba is even more pertinent in addressing entrenched financial practices and their damaging effects on day-to-day issues such as the rising cost of living and home affordability.
“It is because of riba or interest that our future generation will be enslaved by debts,” he said.
Ahamed is also head of department of finance, faculty of economics and management sciences at the International Islamic University Malaysia.
The two-day conference starting yesterday was organised by Thinkers Trend Resources with the theme “The Multifaceted Global Crisis on Riba: Resilience, Response and Reform.”
Source from (The Star Online): http://biz.thestar.com.my/news/story.asp?file=/2012/11/27/business/12372209&sec=business
Published: November 27, 2012
Warm welcome:
Organising chairman Shirazdeen Adam Shah (left) welcoming Dr Mahathir
to the conference. Conference chairman Prof Ahamed Kameel Mydin Meera is
next to Dr Mahathir.
“I recommend gold as a kind of reserve or saving, better than money, as it is more likely to appreciate.
“I do not know what's the issue with this Genneva company, but I think it should be investigated to find out what did it do wrong.
“On the other hand, people (the investors) also deserve fair treatment because if you totally stop the transactions, their money will get stuck,” he told reporters after delivering a keynote address at the 3rd World Riba Conference.
Last month, Genneva Malaysia Sdn Bhd, a gold trading company, alongside a few other companies of similar business nature were raided by Bank Negara, the police, Domestic Trade, Cooperatives and Consumerism Ministry and the Companies Commission of Malaysia.
Assets and accounts were seized and frozen to facilitate investigations into suspected offences, including illegal deposit-taking and money laundering.
It was reported that a total of 142.7kg in gold and monies (in bank accounts and cash) amounting to RM101.9mil were seized from Genneva Malaysia, Pageantry Gold Bhd, Caesar Gold Sdn Bhd and Worldwide Far East Bhd.
On the issue of riba or interest and its link to continued global recession, hyperinflation as well as social unrest, Dr Mahathir said riba was dangerous as there was no fixed return and the bank itself had to participate in the business.
“The (Islamic) banks know it must be in the business that gave the return where it wouldn't just lend money just because for the sake of increasing its assets. They must ensure that the survival and the profitability of the business,” he said.
Conference chairman Prof Dr Ahamed Kameel Mydin Meera said it was more important now than before to discuss the issue of riba amid signals of another financial crisis brewing.
He said despite constant reports on the economic recovery, many economists believed that the world was up for another crisis as unemployment rates remained a prickly issue in most developed countries.
“The discourse on riba is even more pertinent in addressing entrenched financial practices and their damaging effects on day-to-day issues such as the rising cost of living and home affordability.
“It is because of riba or interest that our future generation will be enslaved by debts,” he said.
Ahamed is also head of department of finance, faculty of economics and management sciences at the International Islamic University Malaysia.
The two-day conference starting yesterday was organised by Thinkers Trend Resources with the theme “The Multifaceted Global Crisis on Riba: Resilience, Response and Reform.”
Laksanakan peraturan mengenai perdagangan emas - Dr. Mahathir
KUALA LUMPUR 26 Nov. - Peraturan mengenai perdagangan emas perlu dilaksanakan bagi memberi garis panduan jelas kepada pelabur dan pedagang, cadang bekas Perdana Menteri, Tun Dr. Mahathir Mohamad.
Source from (Utusan Malaysia): http://www.utusan.com.my/utusan/Ekonomi/20121127/ek_01/Laksanakan-peraturan-mengenai-perdagangan-emas----Dr-Mahathir
Published: November 27, 2012
Mahathir Mohamad berucap pada Persidangan Riba Dunia di Kuala Lumpur, semalam.
Jelasnya, terdapat banyak kekeliruan yang timbul disebabkan ketiadaan peraturan tersebut, sekali gus menyebabkan perdagangan dan pelaburan emas kurang diminati.
"Saya mempromosikan perdagangan emas untuk disimpan kerana nilai wang akan menyusut sedangkan nilai emas tidak, jadi kita perlu membeli emas kerana ia amat penting," katanya selepas menyampaikan ucaptama di Persidangan Riba Dunia di sini hari ini.
Mengikut peraturan Bank Negara Malaysia, bank pusat tersebut hanya bertanggungjawab terhadap perdagangan emas oleh institusi-institusi kewangan dan tertakluk kepada jenis perniagaan yang mereka jalankan.
Dr. Mahathir turut menyentuh mengenai pelaburan emas Genneva Malaysia Sdn. Bhd. (Genneva) yang digantung operasi kerana mengambil deposit haram, beliau berkata, siasatan perlu dijalankan dengan teliti sebelum sebarang tindakan diambil.
"Tidak wajar menghukum semua yang terlibat (dalam pelaburan tersebut) kerana hukuman tersebut patut dijatuhkan kepada individu yang melakukan kesalahan sahaja, saya tidak menentang tindakan kerajaan dalam hal ini tetapi saya merasakan setiap manusia berhak untuk mendapat layanan adil.
"Saya tidak tahu di mana silapnya (Genneva), siasatan teliti perlu dijalankan dahulu kerana apabila terus diharamkan, pembeli akan kerugian, mereka juga tidak dapat emas mereka semula," ujar beliau lagi.
Mengenai dinar emas yang sering menjadi perhatian beliau sejak beliau memimpin negara, Dr. Mahathir berkata, mata wang tersebut seharusnya menjadi elemen penting dalam perdagangan antarabangsa kerana emas tidak susut nilai dan boleh menjadi sandaran sebenar.
Beliau bagaimanapun tidak menggalakkan penggunaan dinar emas dalam urusniaga harian.
"Dinar emas seharusnya digunakan untuk perdagangan antarabangsa dan bukannya penggunaan domestik, tetapi di Kelantan mereka keluarkan dinar emas sendiri dan ini menyukarkan urusniaga harian," jelasnya.
Source from (Utusan Malaysia): http://www.utusan.com.my/utusan/Ekonomi/20121127/ek_01/Laksanakan-peraturan-mengenai-perdagangan-emas----Dr-Mahathir
Published: November 27, 2012
Mahathir Mohamad berucap pada Persidangan Riba Dunia di Kuala Lumpur, semalam.
Jelasnya, terdapat banyak kekeliruan yang timbul disebabkan ketiadaan peraturan tersebut, sekali gus menyebabkan perdagangan dan pelaburan emas kurang diminati.
"Saya mempromosikan perdagangan emas untuk disimpan kerana nilai wang akan menyusut sedangkan nilai emas tidak, jadi kita perlu membeli emas kerana ia amat penting," katanya selepas menyampaikan ucaptama di Persidangan Riba Dunia di sini hari ini.
Mengikut peraturan Bank Negara Malaysia, bank pusat tersebut hanya bertanggungjawab terhadap perdagangan emas oleh institusi-institusi kewangan dan tertakluk kepada jenis perniagaan yang mereka jalankan.
Dr. Mahathir turut menyentuh mengenai pelaburan emas Genneva Malaysia Sdn. Bhd. (Genneva) yang digantung operasi kerana mengambil deposit haram, beliau berkata, siasatan perlu dijalankan dengan teliti sebelum sebarang tindakan diambil.
"Tidak wajar menghukum semua yang terlibat (dalam pelaburan tersebut) kerana hukuman tersebut patut dijatuhkan kepada individu yang melakukan kesalahan sahaja, saya tidak menentang tindakan kerajaan dalam hal ini tetapi saya merasakan setiap manusia berhak untuk mendapat layanan adil.
"Saya tidak tahu di mana silapnya (Genneva), siasatan teliti perlu dijalankan dahulu kerana apabila terus diharamkan, pembeli akan kerugian, mereka juga tidak dapat emas mereka semula," ujar beliau lagi.
Mengenai dinar emas yang sering menjadi perhatian beliau sejak beliau memimpin negara, Dr. Mahathir berkata, mata wang tersebut seharusnya menjadi elemen penting dalam perdagangan antarabangsa kerana emas tidak susut nilai dan boleh menjadi sandaran sebenar.
Beliau bagaimanapun tidak menggalakkan penggunaan dinar emas dalam urusniaga harian.
"Dinar emas seharusnya digunakan untuk perdagangan antarabangsa dan bukannya penggunaan domestik, tetapi di Kelantan mereka keluarkan dinar emas sendiri dan ini menyukarkan urusniaga harian," jelasnya.
Tuesday, November 27, 2012
Malaysia Needs Proper Regulations On Gold Trading To Curb Illegal Profit-Taking - Dr M
KUALA LUMPUR, Nov 26 (Bernama) -- There is a need for proper regulations
enacted to govern gold trading in Malaysia to curb illegal
profit-taking by unscrupulous parties, former prime minister Tun Dr
Mahathir Mohamad said today.
Source from (Bernama): http://www.bernama.com/bernama/v6/newsbusiness.php?id=711530
Published: November 26, 2012
Source from (The Star Online): http://biz.thestar.com.my/news/story.asp?file=/2012/11/26/business/20121126163339&sec=business
Published: November 26, 2012
Source from (The Sun Daily): http://www.thesundaily.my/news/549421
Published: November 26, 2012
Tun Dr Mahathir Mohamad
He said regulations for gold trading was important as the precious yellow metal was traded in high value.
"This is very important as we need to buy and keep gold as gold appreciates in value," he told reporters on the sidelines of the Third Annual World Conference on Riba (usury).
Dr Mahathir said gold trading firm, Genneva Malaysia Sdn Bhd, should be investigated thoroughly on the firm's trading activities.
Genneva Malaysia was among four gold trading companies raided by the authorities, including Bank Negara Malaysia, on suspected offences like illegal deposit-taking, money laundering and tax evasion.
Other gold trading companies raided were Pageantry Gold Bhd, Caesar Gold Sdn Bhd and Worldwide Far East Bhd.
Dr Mahathir said Genneva should be investigated to find out exactly what they did that was wrong.
Asked whether the decision to investigate gold trading companies for suspected offences would cause a backlash to the government, Dr Mahathir said: "I feel that we should circumspect when taking a decision without fully appreciating the problem. Must investigate first."
The two-day conference, which started today, will set the stage for an indepth and comprehensive deliberations on Riba and its links to continued global recession, hyper-inflation and social unrest.
Themed "The Multifaceted Global Crisis on Riba: Resilience, Response and Reform", the two-day conference has gathered about 300 scholars, corporate and industry leaders, policymakers, regulators, the public and students.
It was organised by Thinkers Trends Resources while the co-organisers are International Islamic University Malaysia's Institute of Islamic Banking and Finance and Al Ghazzali Centre for Islamic Sciences and Human Development.
-- BERNAMA
Source from (Bernama): http://www.bernama.com/bernama/v6/newsbusiness.php?id=711530
Published: November 26, 2012
Source from (The Star Online): http://biz.thestar.com.my/news/story.asp?file=/2012/11/26/business/20121126163339&sec=business
Published: November 26, 2012
Source from (The Sun Daily): http://www.thesundaily.my/news/549421
Published: November 26, 2012
Tun Dr Mahathir Mohamad
He said regulations for gold trading was important as the precious yellow metal was traded in high value.
"This is very important as we need to buy and keep gold as gold appreciates in value," he told reporters on the sidelines of the Third Annual World Conference on Riba (usury).
Dr Mahathir said gold trading firm, Genneva Malaysia Sdn Bhd, should be investigated thoroughly on the firm's trading activities.
Genneva Malaysia was among four gold trading companies raided by the authorities, including Bank Negara Malaysia, on suspected offences like illegal deposit-taking, money laundering and tax evasion.
Other gold trading companies raided were Pageantry Gold Bhd, Caesar Gold Sdn Bhd and Worldwide Far East Bhd.
Dr Mahathir said Genneva should be investigated to find out exactly what they did that was wrong.
Asked whether the decision to investigate gold trading companies for suspected offences would cause a backlash to the government, Dr Mahathir said: "I feel that we should circumspect when taking a decision without fully appreciating the problem. Must investigate first."
The two-day conference, which started today, will set the stage for an indepth and comprehensive deliberations on Riba and its links to continued global recession, hyper-inflation and social unrest.
Themed "The Multifaceted Global Crisis on Riba: Resilience, Response and Reform", the two-day conference has gathered about 300 scholars, corporate and industry leaders, policymakers, regulators, the public and students.
It was organised by Thinkers Trends Resources while the co-organisers are International Islamic University Malaysia's Institute of Islamic Banking and Finance and Al Ghazzali Centre for Islamic Sciences and Human Development.
-- BERNAMA
Pelabur emas mesti ikut nasihat pakar
Kuala Lumpur: Public Gold Group Sdn Bhd yang menyasar disenaraikan di
Bursa Malaysia menjelang 2014, mengingatkan pelabur emas membuat
pelaburan berasaskan maklumat supaya tidak terperangkap dengan skim
pelaburan palsu.
Source from (Berita Harian): http://www.bharian.com.my/bharian/articles/Pelaburemasmestiikutnasihatpakar/Article
Published: November 26, 2012
![Louis Ng bersama sebahagian produk pelaburan emas yang diperkenalkan Public Gold.
[foto Rudy Syareme Sheriffudin/bh]](http://www.bharian.com.my/articles/Pelaburemasmestiikutnasihatpakar/pix_gal0)
Source from (Berita Harian): http://www.bharian.com.my/bharian/articles/Pelaburemasmestiikutnasihatpakar/Article
Published: November 26, 2012
Louis Ng bersama sebahagian produk
pelaburan emas yang diperkenalkan Public Gold.
Syarikat penempa, penulen dan dagangan jongkong emas serta perak itu
berharap orang ramai dan pembeli emas tahu logam itu sebenarnya lebih
terarah sebagai instrumen pelindung nilai daripada inflasi, justeru
bukannya kelas aset pemberi pulangan.
Sehubungan itu, pelabur dan orang ramai yang mahu membeli emas sebagai
alat pelindung nilai perlu mendapat maklumat menyeluruh daripada pihak
yang pakar dalam bidang itu sebelum membuat keputusan pembelian.
Pengerusi Eksekutif Public Gold Group, Datuk Louis Ng, berkata ramai pembeli terperangkap dengan modus operandi sesetengah pihak tidak bertanggungjawab yang menawarkan pulangan segera tidak munasabah daripada pembelian emas.
Syarikat skim pelaburan emas menjual emas jauh lebih tinggi daripada harga pasaran sebenar di samping menjanjikan peratus pulangan tertentu setiap bulan.
Kumpulan itu juga biasanya menetapkan harga dan tempoh belian balik tertentu mengikut kontrak, di samping beroperasi menggunakan model Skim Ponzi, katanya dalam satu pertemuan dengan BH di sini.
Ng berkata, syarikat pelaburan emas yang tulen tidak mengemukakan tawaran sedemikian, sebaliknya berurusniaga mengikut harga semasa di pasaran antarabangsa.
Pembeli perlu mendapat maklumat semasa yang boleh diperoleh daripada pelbagai sumber tulen sebelum membuat keputusan mendapatkan emas (untuk pelaburan), katanya.
Beliau mengulas mengenai ramai kalangan pelabur yang terperangkap dengan pelaburan emas apabila pihak berkuasa menyerbu dan membekukan aset beberapa syarikat pengendali dipercayai beroperasi seperti skim cepat kaya.
Awal bulan ini, Timbalan Menteri Kewangan Datuk Dr Awang Adek Hussin dilaporkan berkata, Bank Negara mengesan 35,000 pelabur dengan jumlah pelaburan mencecah RM10 bilion dalam sebuah syarikat pelaburan jongkong emas.
Bank Negara Malaysia dalam kenyataannya pada awal Oktober lalu memberitahu membekukan aset dan akaun yang disita hasil serbuan dilakukan terhadap empat syarikat yang menawarkan skim pelaburan jongkong emas iaitu Genneva Malaysia Sdn Bhd, Pageantry Gold Bhd, Caesar Gold Sdn Bhd dan Worldwide Far East Bhd.
Public Gold ialah antara syarikat yang bergiat dalam perniagaan emas dengan kegiatan terasnya termasuk menempa dan menulen emas.
Ia juga menawarkan perkhidmatan dagangan dan tukaran emas serta menyediakan kemudahan simpanan selamat kepada pelanggan.
Syarikat itu yang beribu pejabat di Pulau Pinang, menerusi anak syarikatnya, Public Gold Marketing Sdn Bhd akhir bulan lalu dikeluarkan daripada senarai Peringatan Pengguna Bank Negara Malaysia selepas model perniagaannya didapati tulen serta tidak mengambil kesempatan ke atas pengguna.
Mengulas lanjut, Ng berkata, operasi perniagaan Public Gold hanyalah semata-mata dagangan jongkong emas dan perak bagi tujuan simpanan kekayaan.
Sejak ditubuhkan pada 2008, Public Gold komited menawarkan pelan simpanan emas fizikal yang selamat untuk masa depan.
Public Gold mengamalkan model perniagaan telus di mana kami hanya membeli dan menjual jongkong emas dan perak tanpa memberikan tawaran tidak realistik kepada pelanggan, katanya.
Pengerusi Eksekutif Public Gold Group, Datuk Louis Ng, berkata ramai pembeli terperangkap dengan modus operandi sesetengah pihak tidak bertanggungjawab yang menawarkan pulangan segera tidak munasabah daripada pembelian emas.
Syarikat skim pelaburan emas menjual emas jauh lebih tinggi daripada harga pasaran sebenar di samping menjanjikan peratus pulangan tertentu setiap bulan.
Kumpulan itu juga biasanya menetapkan harga dan tempoh belian balik tertentu mengikut kontrak, di samping beroperasi menggunakan model Skim Ponzi, katanya dalam satu pertemuan dengan BH di sini.
Ng berkata, syarikat pelaburan emas yang tulen tidak mengemukakan tawaran sedemikian, sebaliknya berurusniaga mengikut harga semasa di pasaran antarabangsa.
Pembeli perlu mendapat maklumat semasa yang boleh diperoleh daripada pelbagai sumber tulen sebelum membuat keputusan mendapatkan emas (untuk pelaburan), katanya.
Beliau mengulas mengenai ramai kalangan pelabur yang terperangkap dengan pelaburan emas apabila pihak berkuasa menyerbu dan membekukan aset beberapa syarikat pengendali dipercayai beroperasi seperti skim cepat kaya.
Awal bulan ini, Timbalan Menteri Kewangan Datuk Dr Awang Adek Hussin dilaporkan berkata, Bank Negara mengesan 35,000 pelabur dengan jumlah pelaburan mencecah RM10 bilion dalam sebuah syarikat pelaburan jongkong emas.
Bank Negara Malaysia dalam kenyataannya pada awal Oktober lalu memberitahu membekukan aset dan akaun yang disita hasil serbuan dilakukan terhadap empat syarikat yang menawarkan skim pelaburan jongkong emas iaitu Genneva Malaysia Sdn Bhd, Pageantry Gold Bhd, Caesar Gold Sdn Bhd dan Worldwide Far East Bhd.
Public Gold ialah antara syarikat yang bergiat dalam perniagaan emas dengan kegiatan terasnya termasuk menempa dan menulen emas.
Ia juga menawarkan perkhidmatan dagangan dan tukaran emas serta menyediakan kemudahan simpanan selamat kepada pelanggan.
Syarikat itu yang beribu pejabat di Pulau Pinang, menerusi anak syarikatnya, Public Gold Marketing Sdn Bhd akhir bulan lalu dikeluarkan daripada senarai Peringatan Pengguna Bank Negara Malaysia selepas model perniagaannya didapati tulen serta tidak mengambil kesempatan ke atas pengguna.
Mengulas lanjut, Ng berkata, operasi perniagaan Public Gold hanyalah semata-mata dagangan jongkong emas dan perak bagi tujuan simpanan kekayaan.
Sejak ditubuhkan pada 2008, Public Gold komited menawarkan pelan simpanan emas fizikal yang selamat untuk masa depan.
Public Gold mengamalkan model perniagaan telus di mana kami hanya membeli dan menjual jongkong emas dan perak tanpa memberikan tawaran tidak realistik kepada pelanggan, katanya.
Dr M: Peraturan Sewajarnya Perlu Untuk Urus Niaga Emas Bagi Kekang Pengambilan Untung Tidak Sah
KUALA LUMPUR - Malaysia perlu mewujudkan peraturan yang sewajarnya untuk
mengawal urus niaga emas bagi mengekang aktiviti pengambilan untung
secara tidak sah oleh pihak-pihak yang tidak bertanggungjawab, kata
bekas Perdana Menteri Tun Dr Mahathir Mohamad hari ini.
Source from (Bernama): http://www.bernama.com/bernama/v6/bm/newsbusiness.php?id=711576
Published: November 26, 2012
Source from (Sinar Online): http://www.sinarharian.com.my/bisnes/mahathir-malaysia-perlu-kawal-urus-niaga-emas-1.107340
Published: November 26, 2012
Bekas Perdana Menteri, Tun Dr Mahathir Mohamad
Source from (Bernama): http://www.bernama.com/bernama/v6/bm/newsbusiness.php?id=711576
Published: November 26, 2012
Source from (Sinar Online): http://www.sinarharian.com.my/bisnes/mahathir-malaysia-perlu-kawal-urus-niaga-emas-1.107340
Published: November 26, 2012
Bekas Perdana Menteri, Tun Dr Mahathir Mohamad
Beliau berkata peraturan untuk urus niaga emas amat penting
memandangkan logam kuning berharga itu diniagakan dalam nilai yang
tinggi.
"Ini amat penting kerana kita perlu membeli dan menyimpan emas kerana emas meningkat dari segi nilainya," kata beliau kepada pemberita di luar persidangan tahunan dunia mengenai Riba (usury).
Dr Mahathir berkata, syarikat urus niaga emas, Genneva Malaysia Sdn Bhd, seharusnya disiasat secara teliti mengenai aktiviti urus niaganya.
Genneva Malaysia ialah antara empat syarikat urus niaga emas yang diserbu oleh pihak berkuasa, termasuk Bank Negara Malaysia, kerana disyaki melakukan kesalahan seperti pengambilan deposit secara haram dan pengubahan wang haram.
Syarikat urus niaga emas lain yang turut diserbu ialah Pageantry Gold Bhd, Caesar Gold Sdn Bhd dan Worldwide Far East Bhd.
Dr Mahathir berkata, Genneva seharusnya disiasat untuk mencari yang sebenar-benarnya apa yang mereka lakukan adalah salah.
Ditanya sama ada keputusan untuk menyiasat syarikat-syarikat urus niaga emas untuk kesalahan yang disyaki akan menyebabkan reaksi tindak balas kepada kerajaan, Dr Mahathir berkata: "Saya rasa kita patut berhati-hati apabila mengambil keputusan tanpa menambah lagi masalah itu. Mesti siasat dulu."
Persidangan dua hari yang bermula hari ini, akan menyediakan wadah untuk perundingan secara mendalam dan menyeluruh mengenai Riba dan hubungannya kepada kemelesetan global yang berterusan, inflasi dan pergolakan sosial.
Bertemakan "The Multifaceted Global Crisis on Riba: Resilience, Response and Reform", persidangan itu telah menghimpunkan 300 ahli akademik, pemimpin korporat dan industri, penggubal dasar, pengawal selia, orang awam dan pelajar.
Ia dianjurkan oleh Thinkers Trends Resources sementara penganjur bersama ialah Institut Perbankan dan Kewangan Islam Universiti Islam Malaysia dan Pusat Al Ghazzali untuk Sains dan Pembangunan Insan Islam.- Bernama
"Ini amat penting kerana kita perlu membeli dan menyimpan emas kerana emas meningkat dari segi nilainya," kata beliau kepada pemberita di luar persidangan tahunan dunia mengenai Riba (usury).
Dr Mahathir berkata, syarikat urus niaga emas, Genneva Malaysia Sdn Bhd, seharusnya disiasat secara teliti mengenai aktiviti urus niaganya.
Genneva Malaysia ialah antara empat syarikat urus niaga emas yang diserbu oleh pihak berkuasa, termasuk Bank Negara Malaysia, kerana disyaki melakukan kesalahan seperti pengambilan deposit secara haram dan pengubahan wang haram.
Syarikat urus niaga emas lain yang turut diserbu ialah Pageantry Gold Bhd, Caesar Gold Sdn Bhd dan Worldwide Far East Bhd.
Dr Mahathir berkata, Genneva seharusnya disiasat untuk mencari yang sebenar-benarnya apa yang mereka lakukan adalah salah.
Ditanya sama ada keputusan untuk menyiasat syarikat-syarikat urus niaga emas untuk kesalahan yang disyaki akan menyebabkan reaksi tindak balas kepada kerajaan, Dr Mahathir berkata: "Saya rasa kita patut berhati-hati apabila mengambil keputusan tanpa menambah lagi masalah itu. Mesti siasat dulu."
Persidangan dua hari yang bermula hari ini, akan menyediakan wadah untuk perundingan secara mendalam dan menyeluruh mengenai Riba dan hubungannya kepada kemelesetan global yang berterusan, inflasi dan pergolakan sosial.
Bertemakan "The Multifaceted Global Crisis on Riba: Resilience, Response and Reform", persidangan itu telah menghimpunkan 300 ahli akademik, pemimpin korporat dan industri, penggubal dasar, pengawal selia, orang awam dan pelajar.
Ia dianjurkan oleh Thinkers Trends Resources sementara penganjur bersama ialah Institut Perbankan dan Kewangan Islam Universiti Islam Malaysia dan Pusat Al Ghazzali untuk Sains dan Pembangunan Insan Islam.- Bernama
Monday, November 26, 2012
Risda lancar kelab usahawan peringkat kebangsaan
KUALA TERENGGANU - Risda hari ini melancarkan Kelab Usahawan Risda
(RISEC) peringkat kebangsaan sebagai wadah untuk melahirkan lebih banyak
usahawan di kalangan pekebun kecil dan meningkatkan profesionalisme
anggota kelab sedia ada.
Source from (Sinar Online): http://www.sinarharian.com.my/bisnes/risda-lancar-kelab-usahawan-peringkat-kebangsaan-1.106759
Published: November 25, 2012
Pengerusi Risda Tan Sri Dr Rahim Tamby Chik berkata ketika ini Risda menaungi kira-kira 5,000 usahawan dan usaha akan ditingkatkan lagi untuk menambah jumlah itu.
"Walaupun (ada antara) mereka belum mencapai tahap profesionalisme, tetapi kita mempunyai ruang dan potensi untuk dibaiki menjadi lebih baik, profesional dan sesuai dengan slogan Menjana Usahawan Global," katanya kepada pemberita selepas merasmikan Karnival Usahawan Risda dan melancarkan RISEC peringkat kebangsaan di sini hari ini.
Pada majlis itu, turut diadakan majlis menandatangani perjanjian kerjasama antara Risda dan Yayasan Pembangunan Usahwan (YPU), Risda Baja Sdn Bhd (RBSB) dengan Koperasi Pekebun Kecil (KPK) dan Usahawan Bimbingan Risda dengan Worldline Corporation Sdn Bhd (WCSB).
Risda diwakili Timbalan Ketua Pengarah (Pembangunan) Risda, Mohamad Muda, YPU oleh Ketua Pegawai Eksekutifnya (CEO) Azmi Razik, RBSB diwakili CEO Meor Mohd Zamnis Meor Hassan, KPK oleh Setiausaha KPK daerah Kuala Terengganu Omar Bujang, WCSB oleh Pengarah Urusannya Abd Rahim Jalil dan Usahawan Bimbingan Risda diwakili seorang usahawan Nura Mardi.
Rahim berkata Risda akan mengadakan mesyuarat setiap bulan bagi melihat pencapaian dan kemajuan daripada kerjasama yang dimeterai hari ini.
Pada majlis itu, Md Rashid Ulung, seorang usahawan tilam dari Pulau Pinang dipilih sebagai pemenang anugerah Usahawan Perdana Jaya.
Beliau yang berkecimpung dalam industrti membuat tilam kekabu sejak 30 tahun lalu, menerima hadiah wang tunai RM5,000, piala dan sijil penghargaan.
Md Rashid ketika ditemui berkata beliau akan berusaha lebih gigih dengan menyasarkan untuk menembusi pasaran negara-negara Asia dalam lima tahun lagi. - Bernama
Source from (Sinar Online): http://www.sinarharian.com.my/bisnes/risda-lancar-kelab-usahawan-peringkat-kebangsaan-1.106759
Published: November 25, 2012
Pengerusi Risda Tan Sri Dr Rahim Tamby Chik berkata ketika ini Risda menaungi kira-kira 5,000 usahawan dan usaha akan ditingkatkan lagi untuk menambah jumlah itu.
"Walaupun (ada antara) mereka belum mencapai tahap profesionalisme, tetapi kita mempunyai ruang dan potensi untuk dibaiki menjadi lebih baik, profesional dan sesuai dengan slogan Menjana Usahawan Global," katanya kepada pemberita selepas merasmikan Karnival Usahawan Risda dan melancarkan RISEC peringkat kebangsaan di sini hari ini.
Pada majlis itu, turut diadakan majlis menandatangani perjanjian kerjasama antara Risda dan Yayasan Pembangunan Usahwan (YPU), Risda Baja Sdn Bhd (RBSB) dengan Koperasi Pekebun Kecil (KPK) dan Usahawan Bimbingan Risda dengan Worldline Corporation Sdn Bhd (WCSB).
Risda diwakili Timbalan Ketua Pengarah (Pembangunan) Risda, Mohamad Muda, YPU oleh Ketua Pegawai Eksekutifnya (CEO) Azmi Razik, RBSB diwakili CEO Meor Mohd Zamnis Meor Hassan, KPK oleh Setiausaha KPK daerah Kuala Terengganu Omar Bujang, WCSB oleh Pengarah Urusannya Abd Rahim Jalil dan Usahawan Bimbingan Risda diwakili seorang usahawan Nura Mardi.
Rahim berkata Risda akan mengadakan mesyuarat setiap bulan bagi melihat pencapaian dan kemajuan daripada kerjasama yang dimeterai hari ini.
Pada majlis itu, Md Rashid Ulung, seorang usahawan tilam dari Pulau Pinang dipilih sebagai pemenang anugerah Usahawan Perdana Jaya.
Beliau yang berkecimpung dalam industrti membuat tilam kekabu sejak 30 tahun lalu, menerima hadiah wang tunai RM5,000, piala dan sijil penghargaan.
Md Rashid ketika ditemui berkata beliau akan berusaha lebih gigih dengan menyasarkan untuk menembusi pasaran negara-negara Asia dalam lima tahun lagi. - Bernama
Dana RM7 juta naik taraf gerai penjaja, peniaga kecil
BERA - Kerajaan memperuntukkan RM7 juta bagi menjayakan program
tranformasi penjaja dan peniaga kecil di seluruh negara, kata Menteri
Perdagangan Dalam Negeri, Koperasi dan Kepenggunaan, Datuk Seri Ismail
Sabri Yaakob.
Source from (Sinar Online): http://www.sinarharian.com.my/bisnes/dana-rm7-juta-naik-taraf-gerai-penjaja-peniaga-kecil-1.107001
Published: November 25, 2012
Source from (Berita Harian): http://www.bharian.com.my/bharian/articles/PeruntukanRM7jutanaiktarafgeraipenjaja_peniagakecil_IsmailSabri/Article
Published: November 25, 2012
Ismail Sabri Yaakob (tengah) mendukung Ihsan Danial Anuar, 6, ketika berarak
Beliau berkata, program itu membabitkan kerja pembersihan dan menaik taraf gerai yang dibina oleh peniaga sendiri di kawasan majlis perbandaran dan majlis-majlis daerah.
"Peruntukan itu bagaimanapun tidak termasuk gerai-gerai yang dibina oleh Majlis Perbandaran dan Majlis Daerah kerana gerai tersebut dibersihkan oleh pihak berkenaan secara berjadual," katanya kepada pemberita selepas merasmikan Program Berkhatan Perdana Peringkat Perlimen Bera 2012 anjuran Biro Pendidikan Umno Bahagian Bera di Kompleks Rakan Muda di sini, hari ini.
Ismail Sabri berkata kerja membersih dan menaik taraf gerai telah dimulakan di kawasan terpilih sekitar Kuala Lumpur dan akan diteruskan di seluruh negara bagi memastikan kebersihan gerai-gerai berkenaan.
Dalam pada itu, beliau turut melahirkan penghargaan kepada Bank Rakyat yang menyumbang RM30,000 bagi program berkhatan itu yang membabitkan 200 kanak-kanak termasuk 30 anak Orang Asli.
Turut hadir Pengarah Urusan Bank Rakyat Datuk Yusof Abdul Rahman. - Bernama
Source from (Sinar Online): http://www.sinarharian.com.my/bisnes/dana-rm7-juta-naik-taraf-gerai-penjaja-peniaga-kecil-1.107001
Published: November 25, 2012
Source from (Berita Harian): http://www.bharian.com.my/bharian/articles/PeruntukanRM7jutanaiktarafgeraipenjaja_peniagakecil_IsmailSabri/Article
Published: November 25, 2012
Ismail Sabri Yaakob (tengah) mendukung Ihsan Danial Anuar, 6, ketika berarak
pada
Program Khatan Perdana Peringkat Parlimen Bera 2012 hari ini. - Foto
Bernama
Beliau berkata, program itu membabitkan kerja pembersihan dan menaik taraf gerai yang dibina oleh peniaga sendiri di kawasan majlis perbandaran dan majlis-majlis daerah.
"Peruntukan itu bagaimanapun tidak termasuk gerai-gerai yang dibina oleh Majlis Perbandaran dan Majlis Daerah kerana gerai tersebut dibersihkan oleh pihak berkenaan secara berjadual," katanya kepada pemberita selepas merasmikan Program Berkhatan Perdana Peringkat Perlimen Bera 2012 anjuran Biro Pendidikan Umno Bahagian Bera di Kompleks Rakan Muda di sini, hari ini.
Ismail Sabri berkata kerja membersih dan menaik taraf gerai telah dimulakan di kawasan terpilih sekitar Kuala Lumpur dan akan diteruskan di seluruh negara bagi memastikan kebersihan gerai-gerai berkenaan.
Dalam pada itu, beliau turut melahirkan penghargaan kepada Bank Rakyat yang menyumbang RM30,000 bagi program berkhatan itu yang membabitkan 200 kanak-kanak termasuk 30 anak Orang Asli.
Turut hadir Pengarah Urusan Bank Rakyat Datuk Yusof Abdul Rahman. - Bernama
Sunday, November 25, 2012
Sirim Lancar Tiga Program Baharu Untuk Bantu Pengusaha Kecil, Mikro
KUALA LUMPUR, 23 Nov (Bernama) -- Sirim QAS International Sdn Bhd, anak
syarikat Sirim Bhd, hari ini melancarkan tiga program baharu untuk
membantu pengusaha kecil dan mikro bagi meningkatkan kualiti produk
industri masing-masing.
Source from (Bernama): http://www.bernama.com/bernama/v6/bm/newsgeneral.php?id=711188
Published: November 24, 2012
Program itu ialah Skim Pensijilan Sistem Pengurusan Keselamatan Rantaian Bekalan (ISO 2800:2007), Makmal Pengujian Kebakaran dan Skim Peningkatan Kualiti (SPK).
Pengerusi Sirim Bhd Datuk Jamaliah Kamis berkata Skim Pensijilan Sistem Pengurusan Keselamatan Rantaian Bekalan (ISO 2800:2007) menyediakan kerangka bagi sesebuah organisasi untuk meningkatkan keseluruhan pengurusan sistem keselamatan rantaian bekalan.
Makmal Pengujian Kebakaran pula memberi perkhidmatan pengujian ke atas sistem perlindungan kebakaran aktif dan pasif kepada industri manakala SPK khusus untuk pengusaha mikro dan pengusaha kecil bagi ditingkatkan ke tahap lebih tinggi dan berupaya bersaing serta meneroka pasaran yang lebih tinggi, katanya.
Beliau berkata pada majlis Sirim-Industri 2012 yang dirasmikan oleh Timbalan Menteri Sains, Teknologi dan Inovasi (Mosti) Datuk Datuk Fadillah Yusof bagi pihak Menterinya, Datuk Seri Dr Maximus Ongkili.
Pada majlis itu, lebih 800 organisasi dan syarikat menerima pensijilan dalam pelbagai kategori sepanjang tempoh Oktober 2011 hingga November 2012.
Sejumlah 398 lesen di bawah Skim Pensijilan Barangan telah dikeluarkan dari 1 Okt, 2011 hingga 1 Nov, 2012,, iaitu 364 sijil di bawah Skim Pensijilan Barangan manakala 34 lesen adalah di bawah Skim Eko-Label Sirim.
Sejumlah 431 sijil telah dikeluarkan untuk skim pensijilan pengurusan dari 1 Okt, 2011 hingga 2 Nov, 2012.
-- BERNAMA
Source from (Bernama): http://www.bernama.com/bernama/v6/bm/newsgeneral.php?id=711188
Published: November 24, 2012
Program itu ialah Skim Pensijilan Sistem Pengurusan Keselamatan Rantaian Bekalan (ISO 2800:2007), Makmal Pengujian Kebakaran dan Skim Peningkatan Kualiti (SPK).
Pengerusi Sirim Bhd Datuk Jamaliah Kamis berkata Skim Pensijilan Sistem Pengurusan Keselamatan Rantaian Bekalan (ISO 2800:2007) menyediakan kerangka bagi sesebuah organisasi untuk meningkatkan keseluruhan pengurusan sistem keselamatan rantaian bekalan.
Makmal Pengujian Kebakaran pula memberi perkhidmatan pengujian ke atas sistem perlindungan kebakaran aktif dan pasif kepada industri manakala SPK khusus untuk pengusaha mikro dan pengusaha kecil bagi ditingkatkan ke tahap lebih tinggi dan berupaya bersaing serta meneroka pasaran yang lebih tinggi, katanya.
Beliau berkata pada majlis Sirim-Industri 2012 yang dirasmikan oleh Timbalan Menteri Sains, Teknologi dan Inovasi (Mosti) Datuk Datuk Fadillah Yusof bagi pihak Menterinya, Datuk Seri Dr Maximus Ongkili.
Pada majlis itu, lebih 800 organisasi dan syarikat menerima pensijilan dalam pelbagai kategori sepanjang tempoh Oktober 2011 hingga November 2012.
Sejumlah 398 lesen di bawah Skim Pensijilan Barangan telah dikeluarkan dari 1 Okt, 2011 hingga 1 Nov, 2012,, iaitu 364 sijil di bawah Skim Pensijilan Barangan manakala 34 lesen adalah di bawah Skim Eko-Label Sirim.
Sejumlah 431 sijil telah dikeluarkan untuk skim pensijilan pengurusan dari 1 Okt, 2011 hingga 2 Nov, 2012.
-- BERNAMA
Thursday, November 22, 2012
Koperasi Media Terengganu Beropersi Akhir Tahun Ini
KUALA TERENGGANU, 20 Nov (Bernama) -- Koperasi Media Terengganu Berhad
yang ditubuhkan Kelab Wartawan Terengganu (Kawat) akan memulakan operasi
akhir tahun ini.
Source from (Bernama): http://www.bernama.com/bernama/v6/bm/newsgeneral.php?id=710231
Published: November 21, 2012
Pengerusi Jawatankuasa Pembangunan Luar Bandar, Usahawan dan Koperasi Negeri, Datuk Mohamed Awang Tera berkata ia diharap dapat menambah pendapatan ahli khusus dalam bentuk dividen menerusi perniagaan dan pelaburan.
"Impian Kawat untuk mewujudkan koperasi akhirnya terlaksana juga. Saya yakin Kawat mampu mentadbir dan mengembangkan koperasi ini setanding koperasi lain yang maju di negeri ini.
"Koperasi memainkan peranan cukup besar dan penting sekiranya ia dapat digerakkan secara total dan ditadbir urus dengan bijak menerusi rangkaian kerja yang berkesan dan sistematik," katanya kepada pemberita selepas menyampaikan surat kebenaran menubuhkan koperasi kepada Presiden Kawat, Ayob Mamat di sini pada Selasa.
Beliau menggesa koperasi tersebut menyertai sektor peruncitan dan pelancongan yang akan dibantu kerajaan negeri.
-- BERNAMA
Source from (Bernama): http://www.bernama.com/bernama/v6/bm/newsgeneral.php?id=710231
Published: November 21, 2012
Pengerusi Jawatankuasa Pembangunan Luar Bandar, Usahawan dan Koperasi Negeri, Datuk Mohamed Awang Tera berkata ia diharap dapat menambah pendapatan ahli khusus dalam bentuk dividen menerusi perniagaan dan pelaburan.
"Impian Kawat untuk mewujudkan koperasi akhirnya terlaksana juga. Saya yakin Kawat mampu mentadbir dan mengembangkan koperasi ini setanding koperasi lain yang maju di negeri ini.
"Koperasi memainkan peranan cukup besar dan penting sekiranya ia dapat digerakkan secara total dan ditadbir urus dengan bijak menerusi rangkaian kerja yang berkesan dan sistematik," katanya kepada pemberita selepas menyampaikan surat kebenaran menubuhkan koperasi kepada Presiden Kawat, Ayob Mamat di sini pada Selasa.
Beliau menggesa koperasi tersebut menyertai sektor peruncitan dan pelancongan yang akan dibantu kerajaan negeri.
-- BERNAMA
Parliament: Low Capital Micro Franchise Business Good For Low-Income People
KUALA LUMPUR, Nov 19 (Bernama) -- People in the low- and medium-income
categories can engage in the micro franchise business because it
requires low capital, as little as RM16,000, said Deputy Domestic Trade,
Cooperatives and Consumerism Minister Datuk Rohani Abdul Karim.
Source from (Bernama): http://www.bernama.com/bernama/v6/newsgeneral.php?id=710042
Published: November 21, 2012
She said the ministry was holding exhibitions nationwide to entice people in these categories to engage in the business.
"The ministry chooses franchises which require capital of RM50,000 and below to introduce the business to the target groups and change their perception of franchise business requiring millions of ringgit as capital," she said when replying to a supplementary question from Datuk Saifudin Nasution Ismail (PKR-Machang) in the Dewan Rakyat.
Saifudin had wanted to know the number of bumiputera franchisors who had penetrated the international market out of the 46 local companies which had ventured abroad.
Rohani said that of the 46 franchisors, nine or 20 per cent were bumiputera-owned.
"We encourage the growth of more such companies. We also encourage the merging of conventional business with the franchise business," she said.
She also said that the number of registered franchise businesses was 631, with 435 local-owned and of which 143 were bumiputera-owned.
-- BERNAMA
Source from (Bernama): http://www.bernama.com/bernama/v6/newsgeneral.php?id=710042
Published: November 21, 2012
She said the ministry was holding exhibitions nationwide to entice people in these categories to engage in the business.
"The ministry chooses franchises which require capital of RM50,000 and below to introduce the business to the target groups and change their perception of franchise business requiring millions of ringgit as capital," she said when replying to a supplementary question from Datuk Saifudin Nasution Ismail (PKR-Machang) in the Dewan Rakyat.
Saifudin had wanted to know the number of bumiputera franchisors who had penetrated the international market out of the 46 local companies which had ventured abroad.
Rohani said that of the 46 franchisors, nine or 20 per cent were bumiputera-owned.
"We encourage the growth of more such companies. We also encourage the merging of conventional business with the franchise business," she said.
She also said that the number of registered franchise businesses was 631, with 435 local-owned and of which 143 were bumiputera-owned.
-- BERNAMA
Wednesday, November 21, 2012
Director claims he resigned from Genneva, says witness
KUALA LUMPUR: A Bank Negara officer testified that one of four directors of gold investment scheme company Genneva Sdn Bhd claimed to have resigned from the company on April 1, 2009.
Source from (The Star Online): http://thestar.com.my/news/story.asp?file=/2012/11/20/nation/12344713&sec=nation
Published: November 20, 2012
Investigating officer Khairul Izran Daud, 34, told the Sessions Court that Liew Chee Wah told him he had resigned and ceased to be involved in the administration of the company six months prior to his resignation.
“He told me this when I recorded his statement,” said Khairul during cross-examination by Liew's counsel Keppy Wong before Sessions Court Judge Rozana Ali Yusoff yesterday.
He was testifying in the trial of Genneva directors Ng Poh Weng who faced 93 charges of money-laundering, Marcus Yee Yuen Seng and Chin Wai Leong who faced 40 charges and 61 charges respectively.
Liew was charged with 30 counts of money laundering.
They were said to have committed the offences between July 2008 and June 2009 and were charged under Section 4 of the Anti-Money Laundering Act.
Ng, 62, Yee, 60, Chin, 36, and Liew, 58, were also each accused of accepting deposits from the public in their capacity as directors without a valid licence at Jalan Kuchai Lama here between November 2008 and July 2009.
The company was charged with accepting deposits from the public without a valid licence at the same time and place.
To this charge, the four and the company were charged under the Banking and Financial Institutions Act.
The hearing continues on Nov 29.
Source from (The Star Online): http://thestar.com.my/news/story.asp?file=/2012/11/20/nation/12344713&sec=nation
Published: November 20, 2012
Investigating officer Khairul Izran Daud, 34, told the Sessions Court that Liew Chee Wah told him he had resigned and ceased to be involved in the administration of the company six months prior to his resignation.
“He told me this when I recorded his statement,” said Khairul during cross-examination by Liew's counsel Keppy Wong before Sessions Court Judge Rozana Ali Yusoff yesterday.
He was testifying in the trial of Genneva directors Ng Poh Weng who faced 93 charges of money-laundering, Marcus Yee Yuen Seng and Chin Wai Leong who faced 40 charges and 61 charges respectively.
Liew was charged with 30 counts of money laundering.
They were said to have committed the offences between July 2008 and June 2009 and were charged under Section 4 of the Anti-Money Laundering Act.
Ng, 62, Yee, 60, Chin, 36, and Liew, 58, were also each accused of accepting deposits from the public in their capacity as directors without a valid licence at Jalan Kuchai Lama here between November 2008 and July 2009.
The company was charged with accepting deposits from the public without a valid licence at the same time and place.
To this charge, the four and the company were charged under the Banking and Financial Institutions Act.
The hearing continues on Nov 29.
Genneva case: Last witness tesitifies
KUALA LUMPUR: The last witness in a case of three directors and a former director of a gold investment scheme company Genneva Sdn Bhd charged with 224 counts of money-laundering for more than RM141mil, testified in a Sessions Court here.
Source from (The Star Online): http://thestar.com.my/news/story.asp?file=/2012/11/19/nation/20121119200224&sec=nation
Published: November 20, 2012
Bank Negara Malaysia investigating officer Khairul Izran Daud, 34, said former director Liew Chee Wah told him that he resigned from his post on April 1, 2009.
Khairul said Liew also was not involved in the administration of the company six months prior to his resignation.
"He told me this when I recorded his statement during investigation," the 42nd prosecution witness said during cross-examination by Liew's counsel Keppy Wong before Sessions Judge Rozana Ali Yusoff on Monday.
He also said he was not sure whether Liew attended the Oct 24, Nov 7, and Nov 17, 2008 board meetings.
During re-examination by Deputy Public Prosecutor Mardziatun Nisa Ahamadul Kabir, Khairul said six cheques out of 118 cheques were overlapping because there four same signatures were repeated.
He also said the aim of payment voucher was to make payment to gold supplier and for workmanship in the form of a cash cheque.
Khairul was giving his testimony in the trial of Genneva Sdn Bhd directors Ng Poh Weng who face 93 charges of money-laundering.
Marcus Yee Yuen Seng faces 40 charges and Chin Wai Leong faces 61 charges while Liew faces 30 charges.
The offences were said to have been committed between July 2008 and June 2009.
They were charged under Section 4 of the Anti Money Laundering Act.
Ng, 62, Yee, 60, Chin, 36, and Liew, 58, were also each accused of accepting deposit from the public, in their capacity as director, without valid license at Jalan Kuchai lama here between November 2008 and July 2009.
While the company was charged with accepting deposit from the public without valid license at the same time and place.
To this charge, the four and the company were charged under Banking and Financial Institutions Act 1989 (Act 372).
The hearing continues on Nov 29.
Source from (The Star Online): http://thestar.com.my/news/story.asp?file=/2012/11/19/nation/20121119200224&sec=nation
Published: November 20, 2012
Bank Negara Malaysia investigating officer Khairul Izran Daud, 34, said former director Liew Chee Wah told him that he resigned from his post on April 1, 2009.
Khairul said Liew also was not involved in the administration of the company six months prior to his resignation.
"He told me this when I recorded his statement during investigation," the 42nd prosecution witness said during cross-examination by Liew's counsel Keppy Wong before Sessions Judge Rozana Ali Yusoff on Monday.
He also said he was not sure whether Liew attended the Oct 24, Nov 7, and Nov 17, 2008 board meetings.
During re-examination by Deputy Public Prosecutor Mardziatun Nisa Ahamadul Kabir, Khairul said six cheques out of 118 cheques were overlapping because there four same signatures were repeated.
He also said the aim of payment voucher was to make payment to gold supplier and for workmanship in the form of a cash cheque.
Khairul was giving his testimony in the trial of Genneva Sdn Bhd directors Ng Poh Weng who face 93 charges of money-laundering.
Marcus Yee Yuen Seng faces 40 charges and Chin Wai Leong faces 61 charges while Liew faces 30 charges.
The offences were said to have been committed between July 2008 and June 2009.
They were charged under Section 4 of the Anti Money Laundering Act.
Ng, 62, Yee, 60, Chin, 36, and Liew, 58, were also each accused of accepting deposit from the public, in their capacity as director, without valid license at Jalan Kuchai lama here between November 2008 and July 2009.
While the company was charged with accepting deposit from the public without valid license at the same time and place.
To this charge, the four and the company were charged under Banking and Financial Institutions Act 1989 (Act 372).
The hearing continues on Nov 29.
Perniagaan Mikro Francais Boleh Diceburi Golongan Berpendapatan Rendah, Sederhana
KUALA LUMPUR, 19 Nov (Bernama) -- Golongan berpendapatan rendah dan
sederhana berpeluang menceburi bidang perniagaan mikro francais kerana
ia tidak memerlukan modal yang terlalu tinggi, kata Timbalan Menteri
Perdagangan Dalam Negeri, Koperasi dan Kepenggunaan (KPDNKK) Datuk
Rohani Abdul Karim.
Source from (Bernama): http://www.bernama.com/bernama/v6/bm/newsgeneral.php?id=709906
Published: November 20, 2012
Beliau berkata terdapat perniagaan mikro francais yang menawarkan modal perniagaan serendah RM16,000 untuk memberi peluang kepada golongan sasaran menyertai bidang itu.
Katanya, kementerian kini giat mengadakan pameran di seluruh negara bagi membuka peluang kepada golongan berpendapatan rendah dan sederhana menceburi bidang perniagaan mikro francais itu.
"Kementerian sengaja memilih francais yang menawarkan modal RM50,000 ke bawah sekaligus memperkenalkan perniagaan itu kepada golongan sasaran dan menukar pandangan mereka mengenai perniagaan itu yang bermodalkan berjuta-juta ringgit," katanya ketika menjawab soalan Datuk Saifudin Nasution Ismail (PKR-Machang) di Dewan Rakyat di sini hari ini.
Saifudin ingin tahu jumlah francaisor bumiputera yang menembusi pasaran antarabangsa daripada keseluruhan 46 syarikat tempatan di luar negara.
Rohani berkata daripada jumlah 46 syarikat francaisor tempatan yang berjaya menembusi pasaran antarabangsa di 50 negara, sembilan atau 20 peratus daripadanya adalah dimiliki bumiputera manakala selebihnya milik bukan bumiputera.
"Kami memang sentiasa menggalak lebih banyak syarikat-syarikat ini dan sekarang ini menggalakkan perniagaan konvesnsional juga digabungkan kepada perniagaan francais.
Dalam pada itu, beliau berkata jumlah perniagaan francais yang berdaftar adalah 631 dengan 435 dimiliki francais tempatan membabitkan 143 milik bumiputera dan 292 pula bukan bumiputera.
-- BERNAMA
Source from (Bernama): http://www.bernama.com/bernama/v6/bm/newsgeneral.php?id=709906
Published: November 20, 2012
Beliau berkata terdapat perniagaan mikro francais yang menawarkan modal perniagaan serendah RM16,000 untuk memberi peluang kepada golongan sasaran menyertai bidang itu.
Katanya, kementerian kini giat mengadakan pameran di seluruh negara bagi membuka peluang kepada golongan berpendapatan rendah dan sederhana menceburi bidang perniagaan mikro francais itu.
"Kementerian sengaja memilih francais yang menawarkan modal RM50,000 ke bawah sekaligus memperkenalkan perniagaan itu kepada golongan sasaran dan menukar pandangan mereka mengenai perniagaan itu yang bermodalkan berjuta-juta ringgit," katanya ketika menjawab soalan Datuk Saifudin Nasution Ismail (PKR-Machang) di Dewan Rakyat di sini hari ini.
Saifudin ingin tahu jumlah francaisor bumiputera yang menembusi pasaran antarabangsa daripada keseluruhan 46 syarikat tempatan di luar negara.
Rohani berkata daripada jumlah 46 syarikat francaisor tempatan yang berjaya menembusi pasaran antarabangsa di 50 negara, sembilan atau 20 peratus daripadanya adalah dimiliki bumiputera manakala selebihnya milik bukan bumiputera.
"Kami memang sentiasa menggalak lebih banyak syarikat-syarikat ini dan sekarang ini menggalakkan perniagaan konvesnsional juga digabungkan kepada perniagaan francais.
Dalam pada itu, beliau berkata jumlah perniagaan francais yang berdaftar adalah 631 dengan 435 dimiliki francais tempatan membabitkan 143 milik bumiputera dan 292 pula bukan bumiputera.
-- BERNAMA
RM52j lagi untuk kontraktor kecil
IPOH 19 Nov. - Selepas RM37.36 juta nilai kerja penyelenggaraan jalan Persekutuan diberikan kepada kontraktor kecil pada Julai lalu, kerajaan hari ini mengagihkan 310 lagi projek bernilai RM52 juta menerusi sistem cabutan undi pusingan kedua kepada golongan itu.
Source from (Utusan Malaysia): http://www.utusan.com.my/utusan/Dalam_Negeri/20121119/dn_21/RM52j-lagi-untuk-kontraktor-kecil
Published: November 20, 2012
Daripada jumlah tersebut, sejumlah 171 projek ditawarkan kepada kontraktor kelas F (G1) bernilai RM17 juta, 117 untuk kelas E (G2) sementara 22 lagi untuk kelas D (G3).
Menteri Kerja Raya, Datuk Seri Shaziman Abu Mansor berkata, kesemua projek berkenaan akan mula dilaksanakan secara serentak di seluruh negara pada awal tahun depan dan dijadualkan siap menjelang Mei depan.
Beliau berkata, tiga kontraktor perintis bakal menerima surat setuju terima tender selewat-lewatnya pada pertengahan bulan depan bagi menjalankan kerja-kerja penyelenggaraan jalan-jalan Persekutuan baru siap dibina.
Menurut beliau, tender yang dikeluarkan untuk jalan sepanjang 212 kilometer itu melibatkan peruntukan sebanyak RM11.37 juta bagi tempoh kontrak selama tiga tahun. - UTUSAN
Source from (Utusan Malaysia): http://www.utusan.com.my/utusan/Dalam_Negeri/20121119/dn_21/RM52j-lagi-untuk-kontraktor-kecil
Published: November 20, 2012
Daripada jumlah tersebut, sejumlah 171 projek ditawarkan kepada kontraktor kelas F (G1) bernilai RM17 juta, 117 untuk kelas E (G2) sementara 22 lagi untuk kelas D (G3).
Menteri Kerja Raya, Datuk Seri Shaziman Abu Mansor berkata, kesemua projek berkenaan akan mula dilaksanakan secara serentak di seluruh negara pada awal tahun depan dan dijadualkan siap menjelang Mei depan.
Beliau berkata, tiga kontraktor perintis bakal menerima surat setuju terima tender selewat-lewatnya pada pertengahan bulan depan bagi menjalankan kerja-kerja penyelenggaraan jalan-jalan Persekutuan baru siap dibina.
Menurut beliau, tender yang dikeluarkan untuk jalan sepanjang 212 kilometer itu melibatkan peruntukan sebanyak RM11.37 juta bagi tempoh kontrak selama tiga tahun. - UTUSAN
Insurans Berkelompok Peniaga Dan Penjaja Dilaksana Januari - Ismail Sabri
BERA, 19 Nov (Bernama) -- Skim perlidungan insurans berkelompok bagi
peniaga dan penjaja yang diumum Perdana Menteri Datuk Seri Najib Tun
Razak menerusi Belanjawan 2013 pada Sept lalu, akan dilaksana Januari
ini.
Source from (Bernama): http://www.bernama.com/bernama/v6/bm/newsgeneral.php?id=709831
Published: November 20, 2012
Source from (Utusan Malaysia): http://www.utusan.com.my/utusan/Dalam_Negeri/20121119/dn_17/Insurans-berkelompok-peniaga-penjaja-dilaksana-Januari
Published: November 20, 2012
Bagaimanapun, menurut Menteri Perdagangan Dalam Negeri, Koperasi dan Kepenggunaan Datuk Seri Ismail Sabri Yaakob, skim itu hanya untuk peniaga dan penjaja yang berdaftar dengan Suruhanjaya Syarikat Malaysia (SSM).
"Tidak kira sama ada mereka penjual kuih, peniaga ikan atau nasi lemak asalkan berdaftar dengan SSM akan diberikan perlindungan insurans tersebut," katanya kepada pemberita selepas menyampaikan wang 'durian runtuh' kepada lebih 2,000 generasi kedua Felda gugusan Bera di Felda Mayam, dekat sini, semalam.
Ismail Sabri berkata kerajaan turut menyasarkan pendaftaran sejuta peniaga, sekali gus mereka layak diberi perlindungan insurans itu.
"Lebih 20,000 peniaga dan penjaja telah berdaftar dengan SSM setakat ini, dan mereka yang belum lagi berdaftar segeralah berbuat demikian.
"Skim perlindungan insurans itu bertujuan memberikan perlindungan kepada mereka dan ia meliputi bayaran kos perubatan kepada mereka yang terbabit dalam kemalangan," katanya.
-- BERNAMA
Source from (Bernama): http://www.bernama.com/bernama/v6/bm/newsgeneral.php?id=709831
Published: November 20, 2012
Source from (Utusan Malaysia): http://www.utusan.com.my/utusan/Dalam_Negeri/20121119/dn_17/Insurans-berkelompok-peniaga-penjaja-dilaksana-Januari
Published: November 20, 2012
Bagaimanapun, menurut Menteri Perdagangan Dalam Negeri, Koperasi dan Kepenggunaan Datuk Seri Ismail Sabri Yaakob, skim itu hanya untuk peniaga dan penjaja yang berdaftar dengan Suruhanjaya Syarikat Malaysia (SSM).
"Tidak kira sama ada mereka penjual kuih, peniaga ikan atau nasi lemak asalkan berdaftar dengan SSM akan diberikan perlindungan insurans tersebut," katanya kepada pemberita selepas menyampaikan wang 'durian runtuh' kepada lebih 2,000 generasi kedua Felda gugusan Bera di Felda Mayam, dekat sini, semalam.
Ismail Sabri berkata kerajaan turut menyasarkan pendaftaran sejuta peniaga, sekali gus mereka layak diberi perlindungan insurans itu.
"Lebih 20,000 peniaga dan penjaja telah berdaftar dengan SSM setakat ini, dan mereka yang belum lagi berdaftar segeralah berbuat demikian.
"Skim perlindungan insurans itu bertujuan memberikan perlindungan kepada mereka dan ia meliputi bayaran kos perubatan kepada mereka yang terbabit dalam kemalangan," katanya.
-- BERNAMA
Monday, November 19, 2012
Pinjaman tanpa faedah
PUTRAJAYA 18 Nov. - Seramai 1.5 juta penjaja dan peniaga kecil menerima khabar gembira hari ini apabila kerajaan mengumumkan penyediaan skim pinjaman khas dan geran untuk membantu golongan tersebut.Paling menggembirakan adalah penyediaan skim pembiayaan mikro berjumlah RM50 juta itu dijangka menawarkan pinjaman tanpa faedah.
Source from (Utusan Malaysia): http://www.utusan.com.my/utusan/Dalam_Negeri/20121119/dn_01/Pinjaman-tanpa-faedah
Published: November 19, 2012
Ismail Sabri Yaakob beramah mesra bersama penerima anugerah Tokoh Penjaja 2012
sambil diperhatikan Tan Lian Hoe (tengah) pada Konvensyen Penjaja dan Peniaga
Kecil Nasional di Pusat Konvensyen Antarabangsa Putrajaya semalam.
Menteri Perdagangan Dalam Negeri, Koperasi dan Kepenggunaan, Datuk Seri Ismail Sabri Yaakob berkata, setiap penjaja dan peniaga kecil dapat memohon pinjaman maksimum sebanyak RM50,000 untuk menambah modal pusingan atau membeli peralatan yang lebih baik.
Beliau berkata, permohonan untuk skim tersebut dijangka dibuka menjelang awal tahun depan manakala peminjam akan diberi tempoh bayaran balik sehingga sembilan tahun.
''Secara prinsipnya, Unit Kerjasama Awam Swasta (UKAS) telah bersetuju bahawa pinjaman yang diuruskan Bank Rakyat ini akan diberi tanpa sebarang faedah.
''Ini bermakna yuran pentadbiran sebanyak 2.5 peratus oleh Bank Rakyat yang sepatutnya dibayar peminjam akan ditanggung oleh kerajaan," katanya kepada pemberita selepas merasmikan Konvensyen Penjaja dan Peniaga Kecil Nasional 2012 di Pusat Konvensyen Antarabangsa Putrajaya (PICC) di sini hari ini.
Turut hadir, Timbalan Menteri Perdagangan Dalam Negeri, Koperasi dan Kepenggunaan, Datuk Tan Lian Hoe; Ketua Setiausaha Kementerian, Datuk Saripuddin Kassim dan Presiden Gabungan Persatuan-persatuan Penjaja dan Peniaga Kecil Melayu Malaysia, Datuk Ramli Norani.
Skim pembiayaan mikro yang diumumkan hari ini merupakan tambahan kepada beberapa bentuk pinjaman sedia ada termasuk daripada Tabung Ekonomi Kumpulan Usaha Niaga (TEKUN) yang turut memberi pinjaman kepada penjaja dan peniaga kecil.
Dalam pada itu, Ismail Sabri mengumumkan kerajaan telah menyediakan RM7 juta di bawah Program Penjaja 1Malaysia untuk digunakan dalam menaik taraf, membaiki dan membersihkan gerai penjaja.
Tambahnya, geran sebanyak RM4 juta pula akan disalurkan kepada persatuan-persatuan penjaja dan peniaga kecil bagi menganjurkan pelbagai aktiviti.
''Selain itu, pihak persatuan juga boleh memohon sekiranya mereka memerlukan bantuan untuk mengadakan majlis atau program tertentu," katanya.
Mengenai perlindungan insurans pula, Ismail Sabri berkata, kerajaan telah menyediakan perlindungan insurans kepada 1.5 juta penjaja dan peniaga kecil berdaftar di seluruh negara.
''Penjaja dan peniaga kecil juga boleh menambah premium untuk skim insurans ini sekiranya mereka mahu mendapatkan perlindungan yang lebih baik," katanya.
Sementara itu, Ismail Sabri berkata, pihaknya akan menghadiri konvensyen penjaja dan peniaga kecil di peringkat negeri untuk mendapat maklum balas dan cadangan berhubung pelbagai isu.
Source from (Utusan Malaysia): http://www.utusan.com.my/utusan/Dalam_Negeri/20121119/dn_01/Pinjaman-tanpa-faedah
Published: November 19, 2012
Ismail Sabri Yaakob beramah mesra bersama penerima anugerah Tokoh Penjaja 2012
sambil diperhatikan Tan Lian Hoe (tengah) pada Konvensyen Penjaja dan Peniaga
Kecil Nasional di Pusat Konvensyen Antarabangsa Putrajaya semalam.
Menteri Perdagangan Dalam Negeri, Koperasi dan Kepenggunaan, Datuk Seri Ismail Sabri Yaakob berkata, setiap penjaja dan peniaga kecil dapat memohon pinjaman maksimum sebanyak RM50,000 untuk menambah modal pusingan atau membeli peralatan yang lebih baik.
Beliau berkata, permohonan untuk skim tersebut dijangka dibuka menjelang awal tahun depan manakala peminjam akan diberi tempoh bayaran balik sehingga sembilan tahun.
''Secara prinsipnya, Unit Kerjasama Awam Swasta (UKAS) telah bersetuju bahawa pinjaman yang diuruskan Bank Rakyat ini akan diberi tanpa sebarang faedah.
''Ini bermakna yuran pentadbiran sebanyak 2.5 peratus oleh Bank Rakyat yang sepatutnya dibayar peminjam akan ditanggung oleh kerajaan," katanya kepada pemberita selepas merasmikan Konvensyen Penjaja dan Peniaga Kecil Nasional 2012 di Pusat Konvensyen Antarabangsa Putrajaya (PICC) di sini hari ini.
Turut hadir, Timbalan Menteri Perdagangan Dalam Negeri, Koperasi dan Kepenggunaan, Datuk Tan Lian Hoe; Ketua Setiausaha Kementerian, Datuk Saripuddin Kassim dan Presiden Gabungan Persatuan-persatuan Penjaja dan Peniaga Kecil Melayu Malaysia, Datuk Ramli Norani.
Skim pembiayaan mikro yang diumumkan hari ini merupakan tambahan kepada beberapa bentuk pinjaman sedia ada termasuk daripada Tabung Ekonomi Kumpulan Usaha Niaga (TEKUN) yang turut memberi pinjaman kepada penjaja dan peniaga kecil.
Dalam pada itu, Ismail Sabri mengumumkan kerajaan telah menyediakan RM7 juta di bawah Program Penjaja 1Malaysia untuk digunakan dalam menaik taraf, membaiki dan membersihkan gerai penjaja.
Tambahnya, geran sebanyak RM4 juta pula akan disalurkan kepada persatuan-persatuan penjaja dan peniaga kecil bagi menganjurkan pelbagai aktiviti.
''Selain itu, pihak persatuan juga boleh memohon sekiranya mereka memerlukan bantuan untuk mengadakan majlis atau program tertentu," katanya.
Mengenai perlindungan insurans pula, Ismail Sabri berkata, kerajaan telah menyediakan perlindungan insurans kepada 1.5 juta penjaja dan peniaga kecil berdaftar di seluruh negara.
''Penjaja dan peniaga kecil juga boleh menambah premium untuk skim insurans ini sekiranya mereka mahu mendapatkan perlindungan yang lebih baik," katanya.
Sementara itu, Ismail Sabri berkata, pihaknya akan menghadiri konvensyen penjaja dan peniaga kecil di peringkat negeri untuk mendapat maklum balas dan cadangan berhubung pelbagai isu.
Koperasi sekolah pemangkin keusahawanan pelajar
JERANTUT 18 Nov. - Koperasi sekolah disaran melaksanakan operasi perniagaan masing-masing sejajar dengan usaha transformasi pembangunan sekali gus menjadi pemangkin terhadap sektor ekonomi serta keusahawanan dalam kalangan pelajar.
Source from (Utusan Malaysia): http://www.utusan.com.my/utusan/Pahang/20121119/wp_02/Koperasi-sekolah-pemangkin-keusahawanan-pelajar
Published: November 19, 2012
Timbalan Pengarah Suruhanjaya Koperasi Malaysia (SKM), Norazam Salleh berkata, koperasi berkenaan perlu bertekad untuk berdaya saing setaraf dengan koperasi lain yang terbabit dalam pelbagai bidang termasuk pelancongan.
"Bilangan koperasi dan penyertaan ahli semakin meningkat setiap tahun dan institusi ini antara penjana kedua dalam sektor ekonomi serta pertumbuhan keusahawanan.
"SKM bertanggungjawab terhadap penubuhan koperasi di sekolah dan berharap pentadbiran tersebut memainkan peranan proaktif menggalakkan penglibatan pelajar dalam koperasi di tempat masing-masing," katanya.
Beliau berkata demikian selepas menghadiri majlis penghargaan kepada Koperasi dan Lembaga Koperasi Sekolah Jerantut di sini baru-baru ini.
Yang turut hadir Pegawai Pelajaran Jerantut, Adnan Abdul Kadir dan Pengetua Sekolah Menengah Kebangsaan Temin, Rusma Mat Tahar.
Dalam majlis itu, Adnan menyampaikan sijil penghargaan kepada Koperasi SMK Temin yang dipilih sebagai Koperasi Sekolah Terbaik peringkat kebangsaan tahun ini.
Source from (Utusan Malaysia): http://www.utusan.com.my/utusan/Pahang/20121119/wp_02/Koperasi-sekolah-pemangkin-keusahawanan-pelajar
Published: November 19, 2012
Timbalan Pengarah Suruhanjaya Koperasi Malaysia (SKM), Norazam Salleh berkata, koperasi berkenaan perlu bertekad untuk berdaya saing setaraf dengan koperasi lain yang terbabit dalam pelbagai bidang termasuk pelancongan.
"Bilangan koperasi dan penyertaan ahli semakin meningkat setiap tahun dan institusi ini antara penjana kedua dalam sektor ekonomi serta pertumbuhan keusahawanan.
"SKM bertanggungjawab terhadap penubuhan koperasi di sekolah dan berharap pentadbiran tersebut memainkan peranan proaktif menggalakkan penglibatan pelajar dalam koperasi di tempat masing-masing," katanya.
Beliau berkata demikian selepas menghadiri majlis penghargaan kepada Koperasi dan Lembaga Koperasi Sekolah Jerantut di sini baru-baru ini.
Yang turut hadir Pegawai Pelajaran Jerantut, Adnan Abdul Kadir dan Pengetua Sekolah Menengah Kebangsaan Temin, Rusma Mat Tahar.
Dalam majlis itu, Adnan menyampaikan sijil penghargaan kepada Koperasi SMK Temin yang dipilih sebagai Koperasi Sekolah Terbaik peringkat kebangsaan tahun ini.
Sunday, November 18, 2012
RM50 juta disediakan bagi Skim Pembiayaan Mikro bantu penjaja
PUTRAJAYA: Sejumlah RM50 juta akan diperuntukkan di bawah Skim
Pembiayaan Mikro mulai awal tahun depan dalam usaha kerajaan membantu
golongan penjaja dan peniaga kecil mengukuhkan perniagaan. Menteri Perdagangan Dalam Negeri, Koperasi dan Kepenggunaan, Datuk
Seri Ismail Sabri Yaakob berkata, selain proses pinjaman dipermudahkan,
tempoh bayaran balik turut dipanjangkan sehinga sembilan tahun.
Source from (Harian Metro): http://www.hmetro.com.my/myMetro/articles/RM50jdanabantupenjaja/Article/index_html
Published: November 19, 2012
Source from (Berita Harian): http://www.bharian.com.my/bharian/articles/RM50jutadisediakanbagiSkimPembiayaanMikrobantupenjaja/Article/
Published: November 18, 2012
Source from (Sinar Online): http://www.sinarharian.com.my/bisnes/rm50-juta-disedia-bantu-penjaja-berniaga-1.104717
Published: November 18, 2012
Source from (Utusan Malaysia): http://www.utusan.com.my/utusan/Dalam_Negeri/20121118/dn_18/RM50-juta-untuk-bantu-golongan-penjaja-peniaga-kecil
Published: November 18, 2012
Menteri Perdagangan Dalam Negeri, Koperasi dan
Source from (Harian Metro): http://www.hmetro.com.my/myMetro/articles/RM50jdanabantupenjaja/Article/index_html
Published: November 19, 2012
Source from (Berita Harian): http://www.bharian.com.my/bharian/articles/RM50jutadisediakanbagiSkimPembiayaanMikrobantupenjaja/Article/
Published: November 18, 2012
Source from (Sinar Online): http://www.sinarharian.com.my/bisnes/rm50-juta-disedia-bantu-penjaja-berniaga-1.104717
Published: November 18, 2012
Source from (Utusan Malaysia): http://www.utusan.com.my/utusan/Dalam_Negeri/20121118/dn_18/RM50-juta-untuk-bantu-golongan-penjaja-peniaga-kecil
Published: November 18, 2012
Menteri Perdagangan Dalam Negeri, Koperasi dan
Kepenggunaan Datuk Seri Ismail Sabri Yaakob
"Secara prinsipnya pinjaman itu kemungkinan akan mendapat pengecualian
kadar faedah, namun masih menanti surat rasmi daripada Unit Kerjasama
Awam Swasta (UKAS)," katanya kepada pemberita di sini, hari ini.
Beliau berkata, menerusi pinjaman berkenaan penjaja dan peniaga kecil boleh meminjam sehingga maksimum RM50,000 untuk menambah modal pusingan atau membeli peralatan perniagaan yang lebih baik dan moden.
"Jika tiada sebarang masalah, dijangkakan permohonan pinjaman boleh dibuat awal Januari depan," katanya.
Selain itu, Ismail Sabri berkata, kerajaan turut menyediakan peruntukan dalam bentuk geran sebanyak RM4 juta untuk pelaksanaan program dan aktiviti persatuan Penjaja dan Peniaga Kecil tahun depan.
Terdahulu beliau berucap merasmikan Konvensyen Penjaja dan Peniaga Kecil Nasional 2012 yang julung kali diadakan sempena sambutan Hari Penjaja, disertai seramai 320 peserta dari seluruh negara.
Mengulas mengenai pemberian insurans percuma kepada anggota persatuan tersebut beliau berkata ia tidak hanya melindungi kematian akibat kemalangan malah kematian biasa.
"Kerajaan akan menanggung bayaran insurans sebanyak RM10.60 untuk setiap seorang ahli yang mendaftar. Jika anggota persatuan ingin mendapatkan penambahan perlindungan, mereka boleh menambah nilai polisi mengikut kemampuan masing-masing," katanya.
Beliau berkata, menerusi skim terbabit, dijangka lebih sejuta anggota persatuan penjaja dan peniaga kecil yang mendaftar bakal menikmati kemudahan berkenaan. - BERNAMA
Beliau berkata, menerusi pinjaman berkenaan penjaja dan peniaga kecil boleh meminjam sehingga maksimum RM50,000 untuk menambah modal pusingan atau membeli peralatan perniagaan yang lebih baik dan moden.
"Jika tiada sebarang masalah, dijangkakan permohonan pinjaman boleh dibuat awal Januari depan," katanya.
Selain itu, Ismail Sabri berkata, kerajaan turut menyediakan peruntukan dalam bentuk geran sebanyak RM4 juta untuk pelaksanaan program dan aktiviti persatuan Penjaja dan Peniaga Kecil tahun depan.
Terdahulu beliau berucap merasmikan Konvensyen Penjaja dan Peniaga Kecil Nasional 2012 yang julung kali diadakan sempena sambutan Hari Penjaja, disertai seramai 320 peserta dari seluruh negara.
Mengulas mengenai pemberian insurans percuma kepada anggota persatuan tersebut beliau berkata ia tidak hanya melindungi kematian akibat kemalangan malah kematian biasa.
"Kerajaan akan menanggung bayaran insurans sebanyak RM10.60 untuk setiap seorang ahli yang mendaftar. Jika anggota persatuan ingin mendapatkan penambahan perlindungan, mereka boleh menambah nilai polisi mengikut kemampuan masing-masing," katanya.
Beliau berkata, menerusi skim terbabit, dijangka lebih sejuta anggota persatuan penjaja dan peniaga kecil yang mendaftar bakal menikmati kemudahan berkenaan. - BERNAMA
Friday, November 16, 2012
Harga berlian pecah rekod
Geneva: Berlian besar yang diperoleh dari lombong Golconda, India dijual
dalam satu majlis lelongan di Geneva, semalam pada harga 20.355 juta
Swiss francs (RM65.9 juta).
Batu berwarna yang jarang ditemui seberat 76.02 karat dan sebesar
kira-kira sebiji strawberi itu sebelum ini adalah miliki Putera
Habsburgs berbangsa Hungary, Archduke Joseph August of Austria
(1872-1962).
Source from (Berita Harian): http://www.bharian.com.my/bharian/articles/Hargaberlianpecahrekod/Article
Published: November 16, 2012
Anggaran harga sebelum jualan adalah sekitar 15 juta hingga 25 juta Swiss francs (RM48.5 juta hingga RM80.9 juta), dua kali ganda daripada jumlah pada lelongan hampir dua dekad lalu.
Ia adalah rekod jualan berlian dunia dan memecah rekod dari segi harga untuk setiap karat bagi berlian berwarna.
Pasaran bukanlah pada tahap terbaik ketika ini. Jualan malam ini hampir mencipta kejutan, kata Pengarah Jabatan Barang Kemas Antarabangsa, Christie, Francois Curiel.
Beliau menambah pembeli berlian terbabit tidak mahu didedahkan identitinya, namun mendedahkan bidaan dibuat atas nama Fred Mouawad, pengedar antarabangsa yang memiliki pejabat di Dubai, Asia Barat dan Geneva.
Penjual berlian itu adalah syarikat milik Amerika, Black, Starr & Frost.
Mengikut pemahaman saya, batu berharga ini akan dipamerkan muzium atau berkemungkinan sebaliknya, kata Pengerusi Black, Starr & Frost, Alfredo Molina.
Berlian adalah antara barang kemas yang dijual di tapak jualan dwitahunan Christie di Geneva yang mencecah 76.6 juta Swiss francs (RM247.7 juta) dengan 290 daripada 348 lot berjaya dijual.
Harga bidaan dibuka pada 8 juta Swiss francs (RM25.9 juta) namun harga meningkat mendadak di tengah kehangatan bidaan menerusi telefon.
Berlian bersejarah yang berasal dari lombong Golconda yang hampir kehabisan sumber pada abad ke-18 termasuk Koh-i-Noor, menjadi permata yang terdapat pada mahkota British, manakala Hope Diamond berwarna biru menjadi sebahagian daripada Smithsonian Institute di Washington, D.C, kata Christie.
Reuters
Source from (Berita Harian): http://www.bharian.com.my/bharian/articles/Hargaberlianpecahrekod/Article
Published: November 16, 2012
Anggaran harga sebelum jualan adalah sekitar 15 juta hingga 25 juta Swiss francs (RM48.5 juta hingga RM80.9 juta), dua kali ganda daripada jumlah pada lelongan hampir dua dekad lalu.
Ia adalah rekod jualan berlian dunia dan memecah rekod dari segi harga untuk setiap karat bagi berlian berwarna.
Pasaran bukanlah pada tahap terbaik ketika ini. Jualan malam ini hampir mencipta kejutan, kata Pengarah Jabatan Barang Kemas Antarabangsa, Christie, Francois Curiel.
Beliau menambah pembeli berlian terbabit tidak mahu didedahkan identitinya, namun mendedahkan bidaan dibuat atas nama Fred Mouawad, pengedar antarabangsa yang memiliki pejabat di Dubai, Asia Barat dan Geneva.
Penjual berlian itu adalah syarikat milik Amerika, Black, Starr & Frost.
Mengikut pemahaman saya, batu berharga ini akan dipamerkan muzium atau berkemungkinan sebaliknya, kata Pengerusi Black, Starr & Frost, Alfredo Molina.
Berlian adalah antara barang kemas yang dijual di tapak jualan dwitahunan Christie di Geneva yang mencecah 76.6 juta Swiss francs (RM247.7 juta) dengan 290 daripada 348 lot berjaya dijual.
Harga bidaan dibuka pada 8 juta Swiss francs (RM25.9 juta) namun harga meningkat mendadak di tengah kehangatan bidaan menerusi telefon.
Berlian bersejarah yang berasal dari lombong Golconda yang hampir kehabisan sumber pada abad ke-18 termasuk Koh-i-Noor, menjadi permata yang terdapat pada mahkota British, manakala Hope Diamond berwarna biru menjadi sebahagian daripada Smithsonian Institute di Washington, D.C, kata Christie.
Reuters
World gold demand slides in Q3 as China's economy bites-WGC
LONDON (Nov 15, 2012): Global gold demand dropped 11%
in the three months to September from record levels seen in the same
period last year, dampened mainly by fading Chinese fervour as its
economy slowed, with stronger Indian demand stemming a larger fall, the
World Gold Council (WGC) said.
Source from (The Star Online): http://biz.thestar.com.my/news/story.asp?file=/2012/11/15/business/20121115080606&sec=business
Published: November 16, 2012
Source from (The Sun Daily): http://www.thesundaily.my/news/541741
Published: November 16, 2012
Source from (Business Times): http://www.btimes.com.my/Current_News/BTIMES/articles/goldem/Article/
Published: November 16, 2012
Chinese gold consumption fell 8% in the July to September period to 176.8 tonnes, the WGC's quarterly demand trends report showed on Thursday, with both jewellery and investment demand hurt by a slowing economic growth.
Data last month showed China's economy slowed for a seventh straight quarter in the July to September period. Chinese bar and coin investment dropped 12% to 53 tonnes, while jewellery buying fell 5% to 123.8 tonnes.
"The fall in Chinese demand coincides with weaker economic numbers in China in Q3," the WGC's managing director of investment research Marcus Grubb said.
"There is some evidence that the economic situation is stabilising in China and recovery is starting... it's possible that the stimulus measures have worked and the economy has bottomed out.
"If that's true, we won't see a repeat of this Chinese weakness in the fourth quarter," he said.
China is second to India as the world's biggest gold consumer. Indian demand rose in the last quarter by 9% to 223.1 tonnes, reversing the trend of the previous three quarters, with pent-up consumer demand lifting the market.
First-half buying was dented by jewellers' strikes, a hike in import duty and a dearth of auspicious days for weddings.
"Finally we're starting to see the Indian market come back," Grubb said. "And the anecdotal evidence is good looking forward to fourth quarter demand - premiums are high again in the Mumbai market, and the strength of the rupee has meant you have seen rupee prices moderate somewhat."
India's consumer gold demand remains down 24% in the first three-quarters of the year, however, and is unlikely to record a net increase in 2012 as a whole, the WGC said.
Global jewellery consumption dipped 2% to 448.8 tonnes, while coins and bar demand fell 30%. European investors, particularly in German-speaking markets, accounted for half of the 128.1-tonne decrease in bar and coin demand.
"European investment is lower than it's been for some time in the retail market. You're not seeing that insurance demand and safe asset demand from Germany and Switzerland that we were seeing last year," Grubb said.
Coin and bar demand also fell by 52% in the US to 10.5 tonnes, and by 66% in Turkey to 7.9 tonnes. Indonesia, Taiwan and Thailand also saw large declines.
Bullion demand to back gold exchange-traded funds - which issue securities backed by physical metal - jumped to 136 tonnes from 87.4 tonnes, however.
Central banks continued to diversify their reserves into gold in the third quarter, but buying was down by nearly a third year-on-year. Official sector demand reached 97.6 tonnes last quarter, down from 140.8 tonnes a year before.
Grubb said in the full year demand was likely to outstrip 2011's 47-year high.
"The quarter was bad, but we're still ahead of where we were last year, which was a record going back to 1964," he said. "If we get another 100 tonnes or so in the fourth quarter, you're talking a figure for the full year that's higher than 2011." – Reuters
Source from (The Star Online): http://biz.thestar.com.my/news/story.asp?file=/2012/11/15/business/20121115080606&sec=business
Published: November 16, 2012
Source from (The Sun Daily): http://www.thesundaily.my/news/541741
Published: November 16, 2012
Source from (Business Times): http://www.btimes.com.my/Current_News/BTIMES/articles/goldem/Article/
Published: November 16, 2012
Chinese gold consumption fell 8% in the July to September period to 176.8 tonnes, the WGC's quarterly demand trends report showed on Thursday, with both jewellery and investment demand hurt by a slowing economic growth.
Data last month showed China's economy slowed for a seventh straight quarter in the July to September period. Chinese bar and coin investment dropped 12% to 53 tonnes, while jewellery buying fell 5% to 123.8 tonnes.
"The fall in Chinese demand coincides with weaker economic numbers in China in Q3," the WGC's managing director of investment research Marcus Grubb said.
"There is some evidence that the economic situation is stabilising in China and recovery is starting... it's possible that the stimulus measures have worked and the economy has bottomed out.
"If that's true, we won't see a repeat of this Chinese weakness in the fourth quarter," he said.
China is second to India as the world's biggest gold consumer. Indian demand rose in the last quarter by 9% to 223.1 tonnes, reversing the trend of the previous three quarters, with pent-up consumer demand lifting the market.
First-half buying was dented by jewellers' strikes, a hike in import duty and a dearth of auspicious days for weddings.
"Finally we're starting to see the Indian market come back," Grubb said. "And the anecdotal evidence is good looking forward to fourth quarter demand - premiums are high again in the Mumbai market, and the strength of the rupee has meant you have seen rupee prices moderate somewhat."
India's consumer gold demand remains down 24% in the first three-quarters of the year, however, and is unlikely to record a net increase in 2012 as a whole, the WGC said.
Global jewellery consumption dipped 2% to 448.8 tonnes, while coins and bar demand fell 30%. European investors, particularly in German-speaking markets, accounted for half of the 128.1-tonne decrease in bar and coin demand.
"European investment is lower than it's been for some time in the retail market. You're not seeing that insurance demand and safe asset demand from Germany and Switzerland that we were seeing last year," Grubb said.
Coin and bar demand also fell by 52% in the US to 10.5 tonnes, and by 66% in Turkey to 7.9 tonnes. Indonesia, Taiwan and Thailand also saw large declines.
Bullion demand to back gold exchange-traded funds - which issue securities backed by physical metal - jumped to 136 tonnes from 87.4 tonnes, however.
Central banks continued to diversify their reserves into gold in the third quarter, but buying was down by nearly a third year-on-year. Official sector demand reached 97.6 tonnes last quarter, down from 140.8 tonnes a year before.
Grubb said in the full year demand was likely to outstrip 2011's 47-year high.
"The quarter was bad, but we're still ahead of where we were last year, which was a record going back to 1964," he said. "If we get another 100 tonnes or so in the fourth quarter, you're talking a figure for the full year that's higher than 2011." – Reuters
Thursday, November 15, 2012
KMBTB galak PKS guna kemudahan, khidmat kilang
Kuala Terengganu: Koperasi Muamalat Bersatu Terengganu Bhd (KMBTB)
menyasar 30 perusahaan kecil dan sederhana (PKS) akan menggunakan
perkhidmatan di pusat pengilangan, pembungkusan dan penjenamaan industri
hiliran miliknya sebelum akhir tahun ini.
Source from (Berita Harian): http://www.bharian.com.my/bharian/articles/KMBTBgalakPKSgunakemudahan_khidmatkilang/Article
Published: November 14, 2012
Setakat ini, 20 PKS dari seluruh Malaysia, terutama syarikat dari Johor sudah menjadi pelanggan tetap di kilang milik KMBTM untuk menjadi pengeluar produk makanan dan minuman kesihatan syarikat berkenaan.
Khidmat nasihat
Pengurus Pembangunan Kilang KMBTB, Ahmad Zunaidi Muhamad, berkata berdasarkan prestasi semasa, pihaknya kini tidak menang tangan dengan permintaan dari banyak PKS yang meminta khidmat nasihat untuk pengeluaran produk kesihatan bagi tujuan komersial.
“Di sini, kami memberi jaminan penggunaan bahan mentahnya adalah sumber semula jadi yang kami peroleh dari pembekal yang diiktiraf Jabatan Kemajuan Islam Malaysia (Jakim), malah harga pengeluaran produk di sini adalah yang termurah di pasaran”.
Dapat iktiraf JHEAT
“Kesucian proses pembuatan produk di kilang ini juga mendapat pengiktirafan sijil halal dari Jabatan Hal Ehwal Agama Terengganu (JHEAT) baru-baru ini,” katanya ketika ditemui di Kawasan Perindustrian Chendering di sini baru-baru ini.
Dengan lima orang kakitangan tetap, 10 kakitangan sambilan dan satu mesin pemprosesan pelbagai herba, kilang KMBTB ini mampu mengeluarkan kira-kira 20,000 peket minuman kesihatan setiap hari.
Ahmad Zunaidi berkata, pihaknya akan berbincang mengenai keseluruhan aspek termasuk kualiti, pembungkusan dan pemasaran produk dengan syarikat yang menggunakan perkhidmatan di kilang itu.
Sehubungan itu, bagi mana-mana syarikat yang berminat untuk mengadakan kerjasama pengeluaran produk komersil, boleh menghubungi kilang KMBTB di talian 09-6170604 atau 010400264 untuk maklumat lanjut. - BERNAMA
Source from (Berita Harian): http://www.bharian.com.my/bharian/articles/KMBTBgalakPKSgunakemudahan_khidmatkilang/Article
Published: November 14, 2012
Setakat ini, 20 PKS dari seluruh Malaysia, terutama syarikat dari Johor sudah menjadi pelanggan tetap di kilang milik KMBTM untuk menjadi pengeluar produk makanan dan minuman kesihatan syarikat berkenaan.
Kesucian proses pembuatan produk di kilang ini juga mendapat pengiktirafan sijil halal dari Jabatan Hal Ehwal Agama Terengganu (JHEAT) baru-baru ini," Ahmad Zunaidi Muhamad, Pengurus Pembangunan Kilang KMBTB
Pengurus Pembangunan Kilang KMBTB, Ahmad Zunaidi Muhamad, berkata berdasarkan prestasi semasa, pihaknya kini tidak menang tangan dengan permintaan dari banyak PKS yang meminta khidmat nasihat untuk pengeluaran produk kesihatan bagi tujuan komersial.
“Di sini, kami memberi jaminan penggunaan bahan mentahnya adalah sumber semula jadi yang kami peroleh dari pembekal yang diiktiraf Jabatan Kemajuan Islam Malaysia (Jakim), malah harga pengeluaran produk di sini adalah yang termurah di pasaran”.
Dapat iktiraf JHEAT
“Kesucian proses pembuatan produk di kilang ini juga mendapat pengiktirafan sijil halal dari Jabatan Hal Ehwal Agama Terengganu (JHEAT) baru-baru ini,” katanya ketika ditemui di Kawasan Perindustrian Chendering di sini baru-baru ini.
Dengan lima orang kakitangan tetap, 10 kakitangan sambilan dan satu mesin pemprosesan pelbagai herba, kilang KMBTB ini mampu mengeluarkan kira-kira 20,000 peket minuman kesihatan setiap hari.
Ahmad Zunaidi berkata, pihaknya akan berbincang mengenai keseluruhan aspek termasuk kualiti, pembungkusan dan pemasaran produk dengan syarikat yang menggunakan perkhidmatan di kilang itu.
Sehubungan itu, bagi mana-mana syarikat yang berminat untuk mengadakan kerjasama pengeluaran produk komersil, boleh menghubungi kilang KMBTB di talian 09-6170604 atau 010400264 untuk maklumat lanjut. - BERNAMA
Pendapatan koperasi zon utara lebih RM700j
ALOR SETAR 12 Nov. - Sebanyak RM726.8 juta pendapatan berjaya
direkodkan oleh lebih 1,400 koperasi berdaftar di zon utara pada tahun
lalu berbanding RM435.1 juta pada penghujung tahun sebelumnya. Pengerusi Eksekutif Suruhanjaya Koperasi Malaysia (SKM), Datuk Md.
Yusof Samsudin berkata, sehingga Jun lalu pula, sejumlah RM567 juga
pendapatan direkodkan oleh koperasi di zon berkenaan yang melibatkan
Kedah, Pulau Pinang dan Perlis.
Source from (Utusan Malaysia): http://www.utusan.com.my/utusan/Utara/20121113/wu_05/Pendapatan-koperasi-zon-utara-lebih-RM700j
Published: November 14, 2012
"Pemilikan aset dalam kalangan koperasi zon utara juga telah meningkat kepada RM2.1 bilion berbanding RM1.78 bilion pada akhir 2010," katanya pada majlis Sambutan Co-Op Fest Zon Utara 2012 di hadapan Bangunan Tunku di sini hari ini.
Majlis itu dirasmikan oleh Pengerusi Majlis Perundingan Koperasi Kedah, Datuk Ku Abd. Rahman Ku Ismail.
Md. Yusof berkata, jumlah pendaftaran koperasi baharu pula menunjukkan peningkatan setiap tahun sekali gus membuktikan pelbagai lapisan masyarakat mengiktiraf peranan dan sumbangan sektor koperasi yang secara langsung dapat meningkatkan taraf sosioekonomi anggotanya.
Menurut beliau, jumlah koperasi yang telah didaftarkan sehingga 31 Disember tahun lalu bagi zon utara ialah sebanyak 1,449 buah berbanding hanya 1,345 buah pada akhir tahun 2010.
Katanya, SKM akan terus memacu pembangunan koperasi dengan memperkenalkan beberapa inisiatif baru dalam membantunya mencapai kegemilangan masing-masing.
"Usaha membangunkan koperasi tidak hanya tertumpu pada koperasi besar tetapi turut merangkumi yang bersaiz sederhana, kecil dan mikro," ujar beliau.
Sementara itu, beliau memberitahu, Program Transformasi Kedai Runcit (Tukar) milik koperasi melepasi Indeks Prestasi Utama (KPI) kepada 161 buah berbanding sasaran awal 140 buah di seluruh negara pada tahun ini.
Katanya, kedai koperasi yang terlibat dalam program itu diberi bantuan sebanyak RM60,000 bagi pengubahsuaian dan kerja naik taraf premis.
"Ketika ini SKM sedang memproses antara dua hingga tiga lagi permohonan dari koperasi untuk menyertai Tukar. KPI tahun depan akan diputuskan berdasarkan pencapaian tahun ini," katanya.
Source from (Utusan Malaysia): http://www.utusan.com.my/utusan/Utara/20121113/wu_05/Pendapatan-koperasi-zon-utara-lebih-RM700j
Published: November 14, 2012
"Pemilikan aset dalam kalangan koperasi zon utara juga telah meningkat kepada RM2.1 bilion berbanding RM1.78 bilion pada akhir 2010," katanya pada majlis Sambutan Co-Op Fest Zon Utara 2012 di hadapan Bangunan Tunku di sini hari ini.
Majlis itu dirasmikan oleh Pengerusi Majlis Perundingan Koperasi Kedah, Datuk Ku Abd. Rahman Ku Ismail.
Md. Yusof berkata, jumlah pendaftaran koperasi baharu pula menunjukkan peningkatan setiap tahun sekali gus membuktikan pelbagai lapisan masyarakat mengiktiraf peranan dan sumbangan sektor koperasi yang secara langsung dapat meningkatkan taraf sosioekonomi anggotanya.
Menurut beliau, jumlah koperasi yang telah didaftarkan sehingga 31 Disember tahun lalu bagi zon utara ialah sebanyak 1,449 buah berbanding hanya 1,345 buah pada akhir tahun 2010.
Katanya, SKM akan terus memacu pembangunan koperasi dengan memperkenalkan beberapa inisiatif baru dalam membantunya mencapai kegemilangan masing-masing.
"Usaha membangunkan koperasi tidak hanya tertumpu pada koperasi besar tetapi turut merangkumi yang bersaiz sederhana, kecil dan mikro," ujar beliau.
Sementara itu, beliau memberitahu, Program Transformasi Kedai Runcit (Tukar) milik koperasi melepasi Indeks Prestasi Utama (KPI) kepada 161 buah berbanding sasaran awal 140 buah di seluruh negara pada tahun ini.
Katanya, kedai koperasi yang terlibat dalam program itu diberi bantuan sebanyak RM60,000 bagi pengubahsuaian dan kerja naik taraf premis.
"Ketika ini SKM sedang memproses antara dua hingga tiga lagi permohonan dari koperasi untuk menyertai Tukar. KPI tahun depan akan diputuskan berdasarkan pencapaian tahun ini," katanya.
Monday, November 12, 2012
Gold, That Fascinating Yellow Metal
I DO NOT doubt gold's stature as an almost universal form of store of
value. One incident related to me a long time ago by a friend
underscored this. Almost four decades ago, with the end of the Vietnam War came a small
flood of Vietnamese refugees and some headed for our shores enroute to
one developed country or another willing to accept them. When they
landed here, some were able to purchase provisions to continue their
journey. If they had to pay for purchases with something that was
accepted here, what would that be? Certainly not with Vietnamese
currency. Instead, sewn into the hem of their clothes was gold.
Source from (The Sun Daily): http://www.thesundaily.my/news/53857
Published: November 12, 2012
Its use in as money all through history has been helped along by this kind of universal acceptance. It does not rust and is thus durable. And most of all, it was a very good store of value all through history. So good that the token and fiat money that became more commonly used eventually had to be pegged to gold so as to buttress their role as store of value.
More recently, what had been a reasonably good internationally accepted store of value, the US dollar (and by inference, all national currencies currently in issue due to the US dollar's stature as the most important reserve currency against which all currencies are valued) has become increasingly inept in this role.
Our attempts to earn a reasonable rate of return on the "money" we accumulate over our life cycle is at least partially a function of our efforts to earn a rate of return that somewhat if not more than offsets the worsening performance of money when acting as a store of value.
It has not helped that central banks worldwide have forced the return on the safer asset classes to almost nothing. I'll say kudos to the Governor of Bank Negara Malaysia for refusing to join this herd of central bankers but even the relatively high level she has kept interest rates here at, does not adequately reflect the time value of money for many people.
The fallout from relentless central bank manipulation of financial markets is that interest rates are far removed from what market-clearing rates would be if free from central bank intervention, and returns from investing in even relatively risky investments are now proving inadequate. So, many people seek out investment assets the workings of which they do fully comprehend in order that their target investment returns can be met.
One of the more curious developments lately has been a rise in efforts to promote gold as a form of investment.
Some of these involve gold or notional claims on gold. Some are simply derivatives of financial instruments that are themselves pegged to the value of gold.
Buying ornamental gold is rarely an investment option. Too much of the price represents the goldsmith's craftsmanship. Investing more than a small portion of one's wealth in bullion such as official issue coins (e.g. Kijang, Maple, Kangaroo, Krugerrand or the Buffalo, Eagle or Double Eagle) involves much in storage costs.
Other investment alternatives are gold futures, shares in gold mining companies and gold exchange-traded funds but one of the few options on the domestic front is gold- or cash-settled gold-linked bank deposit accounts.
The important thing to note is that gold itself is not money in the modern monetary system despite common claims to the contrary. There is not enough gold above ground worldwide to allow it to serve this function. Its value measured in any currency is determined by the demand for gold and its supply, just like any commodity. This means the returns from gold investments measured in the numeraire of currencies can in fact be quite negative over certain periods of time when demand gets depressed, and in any case, never the kind of fabulously high, even fixed monthly returns of the sort promised by dubious investment schemes.
Factors affecting demand, hence gold price levels include rising incomes (which boosts demand for ornamental gold), speculative demand, industrial activities (such as gold drawn wires for use in electronics) and curiously, demand from central banks (for use as reserves).
Those affecting supply are the pace of production, the cost of production (a function of technology and also the strength of the currencies of the major producing nations relative to ours) and central bank gold sales.
One potential game changing new source of demand is a plan still in exploratory stages to allow banks to count bullion held as assets carrying zero risk weights, thus replenishing the stock of AAA-rated sovereign issues that have become depleted in the past year or two due to the spate of ratings downgrades.
Pong Teng Siew is head of Inter-Pacific Research Sdn Bhd
Source from (The Sun Daily): http://www.thesundaily.my/news/53857
Published: November 12, 2012
Its use in as money all through history has been helped along by this kind of universal acceptance. It does not rust and is thus durable. And most of all, it was a very good store of value all through history. So good that the token and fiat money that became more commonly used eventually had to be pegged to gold so as to buttress their role as store of value.
More recently, what had been a reasonably good internationally accepted store of value, the US dollar (and by inference, all national currencies currently in issue due to the US dollar's stature as the most important reserve currency against which all currencies are valued) has become increasingly inept in this role.
Our attempts to earn a reasonable rate of return on the "money" we accumulate over our life cycle is at least partially a function of our efforts to earn a rate of return that somewhat if not more than offsets the worsening performance of money when acting as a store of value.
It has not helped that central banks worldwide have forced the return on the safer asset classes to almost nothing. I'll say kudos to the Governor of Bank Negara Malaysia for refusing to join this herd of central bankers but even the relatively high level she has kept interest rates here at, does not adequately reflect the time value of money for many people.
The fallout from relentless central bank manipulation of financial markets is that interest rates are far removed from what market-clearing rates would be if free from central bank intervention, and returns from investing in even relatively risky investments are now proving inadequate. So, many people seek out investment assets the workings of which they do fully comprehend in order that their target investment returns can be met.
One of the more curious developments lately has been a rise in efforts to promote gold as a form of investment.
Some of these involve gold or notional claims on gold. Some are simply derivatives of financial instruments that are themselves pegged to the value of gold.
Buying ornamental gold is rarely an investment option. Too much of the price represents the goldsmith's craftsmanship. Investing more than a small portion of one's wealth in bullion such as official issue coins (e.g. Kijang, Maple, Kangaroo, Krugerrand or the Buffalo, Eagle or Double Eagle) involves much in storage costs.
Other investment alternatives are gold futures, shares in gold mining companies and gold exchange-traded funds but one of the few options on the domestic front is gold- or cash-settled gold-linked bank deposit accounts.
The important thing to note is that gold itself is not money in the modern monetary system despite common claims to the contrary. There is not enough gold above ground worldwide to allow it to serve this function. Its value measured in any currency is determined by the demand for gold and its supply, just like any commodity. This means the returns from gold investments measured in the numeraire of currencies can in fact be quite negative over certain periods of time when demand gets depressed, and in any case, never the kind of fabulously high, even fixed monthly returns of the sort promised by dubious investment schemes.
Factors affecting demand, hence gold price levels include rising incomes (which boosts demand for ornamental gold), speculative demand, industrial activities (such as gold drawn wires for use in electronics) and curiously, demand from central banks (for use as reserves).
Those affecting supply are the pace of production, the cost of production (a function of technology and also the strength of the currencies of the major producing nations relative to ours) and central bank gold sales.
One potential game changing new source of demand is a plan still in exploratory stages to allow banks to count bullion held as assets carrying zero risk weights, thus replenishing the stock of AAA-rated sovereign issues that have become depleted in the past year or two due to the spate of ratings downgrades.
Pong Teng Siew is head of Inter-Pacific Research Sdn Bhd
Miners risk all in pursuit of gold
THE VILLAGE of Ciguha in Bogor is less than 100 kilometers from Jakarta, but the two places are worlds apart. The village buzzes with the roar from thousands of rock-crushing
machines operating 24 hours a day. Occasionally, a strong breeze whips
up clouds of blinding dust from the beaten dirt roads, which are packed
with weary-faced young men covered in mud.
Source from (Business Times): http://www.btimes.com.my/Current_News/BTIMES/articles/JGOLD/Article/
Published: November 12, 2012
The men are illegal miners, known locally as gurandil. In search of gold, they walk barefoot, marching like ants into nearby quarries in the belly of a dome-shaped hill called Pongkor.
Fresh water is scarce in Ciguha. Much of the groundwater has been contaminated with mercury and cyanide, a telltale sign of the extent of the illegal gold mining operation taking place in the village. The local police station, a 30-minute drive downhill, is littered with posters and signs warning that illegal mining is punishable by up to 10 years in jail.
Despite its proximity to the capital and the threat of a lengthy jail
term, the illegal mining operations in Ciguha have reached an
industrial scale.
The local population has ballooned from a few hundred 11 years ago to around 3,000 according to a recent police estimate - at one point police even put the figure at 9,000 - turning this once sleepy farming village into a boomtown.
The nearby quarries have become mass graves for countless gurandils, with cave-ins and mudslides a real threat even when the sky is clear. The last official death toll was 214, back in 2004.
The miners know that each incident brings questions, investigations and scrutiny from the authorities, so a large number of accidents and deaths have likely gone unreported.
According to police, 16 illegal miners were killed in accidents over the past 12 months. The latest incident was in May in the neighbouring village of Pangradin, in Leuwiliang subdistrict, where eight gurandils were killed in a landslide.
"What's strange is that the area has no proven gold reserves," says Uba Subandi, the Leuwiliang subdistrict police chief.
Nanggung subdistrict chief Rumambi says there is little he can do to stop the influx of gurandils, 70 per cent of whom he says come from outside the subdistrict, including other parts of West Java, the neighbouring province of Banten, and as far afield as Lampung, Bengkulu and Kalimantan.
Dodi Susanto, an official with the Ciliwung, Cisadane and Citarum Rivers Monitoring Agency, says his office last conducted an assessment on the environmental impact in the Ciguha area in 2010, and the findings were worrying.
The agency found indications that the rivers around Ciguha, like the Cipangaten, the Cikadarak and the Cimarinten, had mercury levels of 60 to 400 milligrams a liter, far above the 0.01-milligram a liter limit tolerated by the government.
Mercury poisoning can be lethal in humans. The worst case in Indonesia occurred in 2004 in Buyat Bay, North Sulawesi, where Newmont Nusa Tenggara, the local subsidiary of US gold miner Newmont, had for years been dumping its mining tailings.
Although thousands of people fell ill, a court later declared that the bay was not polluted and that Newmont had complied with environmental regulations.
The risk of mercury poisoning doesn't seem to worry the illegal miners in Ciguha, most of whom handle the hazardous chemical without protective gloves, goggles or masks. Mercury is readily available throughout the village, with nearly every foodstall and coffee shop selling the chemical in empty mineral water bottles or plastic containers.
The threat of Ciguha or even Jakarta becoming another Buyat Bay is very real, with mercury levels of 0.38 to 10 milligrams per liter detected 24km downstream, where the rivers join up to form the Cikaniki and the Cisadane rivers.
The Cisadane cuts through densely populated areas, including parts of Tangerang, and skirts past West Jakarta.
The Bogor Health Agency has already recorded one death associated with mercury poisoning, identifying the victim as 68-year-old Sahrudin from Cisarua village, in the same subdistrict as Ciguha.
Authorities found signs that Sahrudin, who died of an undisclosed illness last year, had been exposed to large quantities of mercury over the course of many years. The health agency sought to carry out an autopsy to confirm that mercury poisoning was the direct cause of his death, but was repeatedly denied by Sahrudin's family.
Syahrir A.B., executive director of the Indonesian Mining Association, says the environmental damage wrought by illegal miners also threatens the operations of legitimate mining companies.
"Seven or eight years back, my company, Nusa Halmahera Mineral, was accused of polluting the water by using mercury, although we never used it," he says about his mining operation in North Maluku.
Syahrir adds that the company later conducted its own investigation and traced the environmental damage back to nearby illegal mining operations.
"These illegal miners never implement good mining practices, meaning that they don't have the slightest consideration for the environment or the well-being of the people," he says.
He also cites a recent case involving the firm Sorikmas Mining in North Sumatra.
"[Illegal miners] organised a protest and burned the Sorikmas encampment, [forcing its] operations to be halted," Syahrir says.
Andrie S. Wijaya, coordinator of the Mining Advocacy Network (Jatam), denies the notion that the illegal miners are wholly to blame.
"That's one-sided information. Although illegal miners can also damage the environment, their impact is not as grave as from that caused by mining companies," he says.
He adds that in the Sorikmas case, the incident was triggered by "the accumulation of frustration" among local residents rather than by illegal miners.
Indonesia is the world's seventh-largest gold producer, with foreign-owned mines currently responsible for the majority of the country's annual output, which reached 111 tonnes in 2011.
And with 4.23 billion tonnes of primary gold reserves and 16.88 million tonnes of alluvial reserves, according to 2010 estimates by the Indonesian government, there is much money at stake, luring more illegal miners to start operations even at the risk of losing their lives and getting into confrontations with large companies and security officers.
Source from (Business Times): http://www.btimes.com.my/Current_News/BTIMES/articles/JGOLD/Article/
Published: November 12, 2012
The men are illegal miners, known locally as gurandil. In search of gold, they walk barefoot, marching like ants into nearby quarries in the belly of a dome-shaped hill called Pongkor.
Fresh water is scarce in Ciguha. Much of the groundwater has been contaminated with mercury and cyanide, a telltale sign of the extent of the illegal gold mining operation taking place in the village. The local police station, a 30-minute drive downhill, is littered with posters and signs warning that illegal mining is punishable by up to 10 years in jail.
The local population has ballooned from a few hundred 11 years ago to around 3,000 according to a recent police estimate - at one point police even put the figure at 9,000 - turning this once sleepy farming village into a boomtown.
The nearby quarries have become mass graves for countless gurandils, with cave-ins and mudslides a real threat even when the sky is clear. The last official death toll was 214, back in 2004.
The miners know that each incident brings questions, investigations and scrutiny from the authorities, so a large number of accidents and deaths have likely gone unreported.
According to police, 16 illegal miners were killed in accidents over the past 12 months. The latest incident was in May in the neighbouring village of Pangradin, in Leuwiliang subdistrict, where eight gurandils were killed in a landslide.
"What's strange is that the area has no proven gold reserves," says Uba Subandi, the Leuwiliang subdistrict police chief.
Nanggung subdistrict chief Rumambi says there is little he can do to stop the influx of gurandils, 70 per cent of whom he says come from outside the subdistrict, including other parts of West Java, the neighbouring province of Banten, and as far afield as Lampung, Bengkulu and Kalimantan.
Dodi Susanto, an official with the Ciliwung, Cisadane and Citarum Rivers Monitoring Agency, says his office last conducted an assessment on the environmental impact in the Ciguha area in 2010, and the findings were worrying.
The agency found indications that the rivers around Ciguha, like the Cipangaten, the Cikadarak and the Cimarinten, had mercury levels of 60 to 400 milligrams a liter, far above the 0.01-milligram a liter limit tolerated by the government.
Mercury poisoning can be lethal in humans. The worst case in Indonesia occurred in 2004 in Buyat Bay, North Sulawesi, where Newmont Nusa Tenggara, the local subsidiary of US gold miner Newmont, had for years been dumping its mining tailings.
Although thousands of people fell ill, a court later declared that the bay was not polluted and that Newmont had complied with environmental regulations.
The risk of mercury poisoning doesn't seem to worry the illegal miners in Ciguha, most of whom handle the hazardous chemical without protective gloves, goggles or masks. Mercury is readily available throughout the village, with nearly every foodstall and coffee shop selling the chemical in empty mineral water bottles or plastic containers.
The threat of Ciguha or even Jakarta becoming another Buyat Bay is very real, with mercury levels of 0.38 to 10 milligrams per liter detected 24km downstream, where the rivers join up to form the Cikaniki and the Cisadane rivers.
The Cisadane cuts through densely populated areas, including parts of Tangerang, and skirts past West Jakarta.
The Bogor Health Agency has already recorded one death associated with mercury poisoning, identifying the victim as 68-year-old Sahrudin from Cisarua village, in the same subdistrict as Ciguha.
Authorities found signs that Sahrudin, who died of an undisclosed illness last year, had been exposed to large quantities of mercury over the course of many years. The health agency sought to carry out an autopsy to confirm that mercury poisoning was the direct cause of his death, but was repeatedly denied by Sahrudin's family.
Syahrir A.B., executive director of the Indonesian Mining Association, says the environmental damage wrought by illegal miners also threatens the operations of legitimate mining companies.
"Seven or eight years back, my company, Nusa Halmahera Mineral, was accused of polluting the water by using mercury, although we never used it," he says about his mining operation in North Maluku.
Syahrir adds that the company later conducted its own investigation and traced the environmental damage back to nearby illegal mining operations.
"These illegal miners never implement good mining practices, meaning that they don't have the slightest consideration for the environment or the well-being of the people," he says.
He also cites a recent case involving the firm Sorikmas Mining in North Sumatra.
"[Illegal miners] organised a protest and burned the Sorikmas encampment, [forcing its] operations to be halted," Syahrir says.
Andrie S. Wijaya, coordinator of the Mining Advocacy Network (Jatam), denies the notion that the illegal miners are wholly to blame.
"That's one-sided information. Although illegal miners can also damage the environment, their impact is not as grave as from that caused by mining companies," he says.
He adds that in the Sorikmas case, the incident was triggered by "the accumulation of frustration" among local residents rather than by illegal miners.
Indonesia is the world's seventh-largest gold producer, with foreign-owned mines currently responsible for the majority of the country's annual output, which reached 111 tonnes in 2011.
And with 4.23 billion tonnes of primary gold reserves and 16.88 million tonnes of alluvial reserves, according to 2010 estimates by the Indonesian government, there is much money at stake, luring more illegal miners to start operations even at the risk of losing their lives and getting into confrontations with large companies and security officers.
Saturday, November 10, 2012
12 individu rugi lebih RM600,000 dalam pelaburan emas di Semenanjung
KOTA KINABALU 8 Nov. - Penduduk negeri ini dikesan turut terlibat dalam
pelaburan emas menerusi syarikat yang berpangkalan di Semenanjung
apabila seramai 12 individu tampil membuat laporan baru-baru ini
mendakwa kerugian lebih RM600,000.
Source from (Utusan Malaysia): http://www.utusan.com.my/utusan/Sabah_&_Sarawak/20121109/wb_04/12-individu-rugi-lebih-RM600000-dalam-pelaburan-emas-di-Semenanjung
Published: November 09, 2012
Ketua Jabatan Siasatan Jenayah Komersial negeri, Supritendan Saiman Kasran berkata, setakat ini, pihaknya belum melakukan sebarang serbuan terhadap mana-mana syarikat yang disyaki menjalankan pelaburan itu di Sabah.
Menurutnya, pihak polis telah bekerjasama dengan dengan Bank Negara Malaysia untuk meningkatkan pemantauan dari semasa ke semasa.
"Orang ramai dinasihatkan mengikut saluran sah sekiranya ingin melabur. Jangan mudah terpedaya dengan pelbagai skim yang mampu mendatangkan keuntungan dalam masa singkat," katanya di sini semalam.
Langgan akhbar digital Utusan Malaysia anda hari ini... Mudah dan murah
Source from (Utusan Malaysia): http://www.utusan.com.my/utusan/Sabah_&_Sarawak/20121109/wb_04/12-individu-rugi-lebih-RM600000-dalam-pelaburan-emas-di-Semenanjung
Published: November 09, 2012
Ketua Jabatan Siasatan Jenayah Komersial negeri, Supritendan Saiman Kasran berkata, setakat ini, pihaknya belum melakukan sebarang serbuan terhadap mana-mana syarikat yang disyaki menjalankan pelaburan itu di Sabah.
Menurutnya, pihak polis telah bekerjasama dengan dengan Bank Negara Malaysia untuk meningkatkan pemantauan dari semasa ke semasa.
"Orang ramai dinasihatkan mengikut saluran sah sekiranya ingin melabur. Jangan mudah terpedaya dengan pelbagai skim yang mampu mendatangkan keuntungan dalam masa singkat," katanya di sini semalam.
Langgan akhbar digital Utusan Malaysia anda hari ini... Mudah dan murah
Friday, November 9, 2012
Sabah Coop's Move To Oil Palm With Felcra Bhd Bears Fruit
BELURAN, Nov 7 (Bernama) -- The decision by Koperasi Pertanian Cahaya
Baru Kolapis Sandakan Bhd to switch from rubber to oil palm cultivation
in collaboration with Felcra Bhd is bearing fruit, with its 139 members
now getting an average dividend of RM5,000 every three months from the
federal government agency.
Source from (Bernama): http://www.bernama.com/bernama/v6/newsbusiness.php?id=707696
Published: November 08, 2012
The cooperative, set up in 1961 as Koperasi Sungai Balaban, assumed its present name in March 2011.
Its Chairman Along Akim told Bernama the cooperative members at first planted rubber on 320 ha. of land with guidance from the Malaysian Cooperative Commission, but its involvement with Felcra Bhd since 1995 has made it into one of the district's more succesful cooperatives, and it now has its own building at Kampung Kolapis here.
-- BERNAMA
Source from (Bernama): http://www.bernama.com/bernama/v6/newsbusiness.php?id=707696
Published: November 08, 2012
The cooperative, set up in 1961 as Koperasi Sungai Balaban, assumed its present name in March 2011.
Its Chairman Along Akim told Bernama the cooperative members at first planted rubber on 320 ha. of land with guidance from the Malaysian Cooperative Commission, but its involvement with Felcra Bhd since 1995 has made it into one of the district's more succesful cooperatives, and it now has its own building at Kampung Kolapis here.
-- BERNAMA
Penubuhan Koperasi Pertanian Cahaya Baru Kolapis Berjaya Bantu Jana Pendapatan Ahli
BELURAN, 7 Nov (Bernama) -- Penubuhan Koperasi Pertanian Cahaya Baru
Kolapis Sandakan Berhad sejak lima dekad lepas berjaya membantu 139
ahlinya menjana pendapatan.
Source from (Bernama): http://www.bernama.com/bernama/v6/bm/newsbusiness.php?id=707689
Published: November 08, 2012
Koperasi itu yang dahulunya dikenali sebagai Koperasi Sungai Balaban ditubuhkan pada 1961 dengan mengusahakan tanaman getah.
Pada 1995, koperasi itu menukar tanaman getah kepada tanaman kelapa sawit dalam usaha meningkatkan sumber pendapatan ahlinya dan menukar namanya kepada Koperasi Pertanian Cahaya Baru Kolapis Sandakan Berhad pada Mac 2011.
Pengerusi koperasi itu, Along Akim berkata pada awal penubuhannya, ia hanya beroperasi sendiri dan dibimbing oleh Suruhanjaya Koperasi Malaysia berpejabat di sini untuk mengusahakan tanah seluas 320 hektar.
Katanya koperasi mengambil keputusan beralih dari mengusahakan tanaman getah kepada kelapa sawit disebabkan tanaman itu mampu meningkatkan pendapatan.
Menurutnya, biar pun sebelum itu, koperasi mampu memberi pendapatan kepada ahlinya melalui tanaman getah, pihak pengurusan berusaha mencari pendekatan terbaik untuk meningkatkan lagi pendapatan ahli serta untuk bertahan lama.
Sehubungan itu, beliau berkata pada 1995, koperasi itu telah menjalin kerjasama dengan Felcra Berhad pada 1995 dengan menukar tanaman dari getah kepada kelapa sawit .
"Kerjasama itu menjadi landasan penting kepada kejayaan koperasi untuk menjadi antara koperasi yang berjaya di daerah Beluran," katanya kepada Bernama.
Along berkata ahli memperoleh pendapatan melalui pemberian dividen setiap tiga bulan sekali oleh Felcra dengan purata pendapatan ahli sebanyak RM5,000.
Ia bergantung kepada hasil tanaman kelapa sawit, jika pendapatan meningkat, sudah tentu dividen yang diagihkan kepada ahli juga naik, katanya.
Beliau berkata kehadiran Felcra, agensi di bawah Kerajaan Persekutuan memainkan peranan penting kepada koperasi untuk wujud sehingga ke hari ini.
Menurutnya, kejayaan terbaharu koperasi itu adalah memiliki bangunan sendiri di Kampung Kolapis di Beluran.
-- BERNAMA
Source from (Bernama): http://www.bernama.com/bernama/v6/bm/newsbusiness.php?id=707689
Published: November 08, 2012
Koperasi itu yang dahulunya dikenali sebagai Koperasi Sungai Balaban ditubuhkan pada 1961 dengan mengusahakan tanaman getah.
Pada 1995, koperasi itu menukar tanaman getah kepada tanaman kelapa sawit dalam usaha meningkatkan sumber pendapatan ahlinya dan menukar namanya kepada Koperasi Pertanian Cahaya Baru Kolapis Sandakan Berhad pada Mac 2011.
Pengerusi koperasi itu, Along Akim berkata pada awal penubuhannya, ia hanya beroperasi sendiri dan dibimbing oleh Suruhanjaya Koperasi Malaysia berpejabat di sini untuk mengusahakan tanah seluas 320 hektar.
Katanya koperasi mengambil keputusan beralih dari mengusahakan tanaman getah kepada kelapa sawit disebabkan tanaman itu mampu meningkatkan pendapatan.
Menurutnya, biar pun sebelum itu, koperasi mampu memberi pendapatan kepada ahlinya melalui tanaman getah, pihak pengurusan berusaha mencari pendekatan terbaik untuk meningkatkan lagi pendapatan ahli serta untuk bertahan lama.
Sehubungan itu, beliau berkata pada 1995, koperasi itu telah menjalin kerjasama dengan Felcra Berhad pada 1995 dengan menukar tanaman dari getah kepada kelapa sawit .
"Kerjasama itu menjadi landasan penting kepada kejayaan koperasi untuk menjadi antara koperasi yang berjaya di daerah Beluran," katanya kepada Bernama.
Along berkata ahli memperoleh pendapatan melalui pemberian dividen setiap tiga bulan sekali oleh Felcra dengan purata pendapatan ahli sebanyak RM5,000.
Ia bergantung kepada hasil tanaman kelapa sawit, jika pendapatan meningkat, sudah tentu dividen yang diagihkan kepada ahli juga naik, katanya.
Beliau berkata kehadiran Felcra, agensi di bawah Kerajaan Persekutuan memainkan peranan penting kepada koperasi untuk wujud sehingga ke hari ini.
Menurutnya, kejayaan terbaharu koperasi itu adalah memiliki bangunan sendiri di Kampung Kolapis di Beluran.
-- BERNAMA
Wujudkan Lebih Banyak Koperasi Sekolah Untuk Bantu Pembangunan Insan Pelajar - Puad
PETALING JAYA, 6 Nov (Bernama) -- Timbalan Menteri Pelajaran Dr Puad
Zarkashi menyeru lebih banyak koperasi sekolah ditubuhkan bagi membantu
pembangunan modal insan di kalangan pelajar dalam bidang keusahawanan
dan perniagaan.
Source from (Bernama): http://www.bernama.com/bernama/v6/bm/newsgeneral.php?id=707539
Published: November 08, 2012
Beliau berkata sehingga kini, terdapat 2,145 koperasi sekolah di seluruh negara dan daripada jumlah itu, sebanyak 2,040 menganggotai Angkatan Koperasi Kebangsaan Malaysia Berhad (Angkasa).
Puad berkata demikian kepada pemberita selepas menutup Majlis Anugerah Koperasi Sekolah Terbaik dan Konvensyen Pembudayaan Keusahawanan Koperasi Sekolah Peringkat Kebangsaan di sini malam ini.
Katanya, sebanyak RM2.3 juta diperuntuk oleh Angkasa, dengan kerjasama Suruhanjaya Koperasi Malaysia, pada tahun ini bagi menjayakan program pembudayaan keusahawanan koperasi sekolah.
-- BERNAMA
Source from (Bernama): http://www.bernama.com/bernama/v6/bm/newsgeneral.php?id=707539
Published: November 08, 2012
Beliau berkata sehingga kini, terdapat 2,145 koperasi sekolah di seluruh negara dan daripada jumlah itu, sebanyak 2,040 menganggotai Angkatan Koperasi Kebangsaan Malaysia Berhad (Angkasa).
Puad berkata demikian kepada pemberita selepas menutup Majlis Anugerah Koperasi Sekolah Terbaik dan Konvensyen Pembudayaan Keusahawanan Koperasi Sekolah Peringkat Kebangsaan di sini malam ini.
Katanya, sebanyak RM2.3 juta diperuntuk oleh Angkasa, dengan kerjasama Suruhanjaya Koperasi Malaysia, pada tahun ini bagi menjayakan program pembudayaan keusahawanan koperasi sekolah.
-- BERNAMA
Thursday, November 8, 2012
Koperasi PSMZA makin kukuh
DUNGUN 6 Nov. - Koperasi Politeknik Sultan Mizan
Zainal Abidin Berhad (Kosmiz Berhad) yang baru berusia 10 tahun
mengekalkan prestasi cemerlang dengan mencatatkan keuntungan berterusan
sejak penubuhannya.
Source from (Utusan Malaysia): http://www.utusan.com.my/utusan/Timur/20121107/wt_01/Koperasi-PSMZA-makin-kukuh
Published: November 07, 2012
Source from (Bernama): http://www.bernama.com/bernama/v6/bm/newsgeneral.php?id=707447
Published: November 07, 2012
Timbalan Pengarah (Sokongan Akademik) PSMZA, Abu Bakar Zakaria berkata, kejayaan itu adalah usaha pihak pengurusan yang berjaya menguruskan aset, pelaburan dan liabiliti dengan cekap dan berkesan.
"Koperasi ini diwujudkan bagi memenuhi permintaan kepada pelbagai kemudahan, perkhidmatan dan bekalan kepada warga politeknik yang mana keahliannya meningkat kepada lebih 4,000 orang terdiri daripada pegawai, pensyarah dan pelajar.
"Anggota yang mencarum boleh mendapat segala perkhidmatan dan bekalan dengan harga yang berpatutan di samping perkongsian keuntungan dalam bentuk dividen dan diskaun langganan," ujarnya.
Beliau ditemui dalam majlis penyerahan zakat perniagaan kepada Majlis Agama Islam dan Adat Istiadat Melayu (Maidam) di PSMZA dekat sini baru-baru ini.
Dalam majlis itu, PSMZA diwakili Abu Bakar menyerahkan zakat perniagaan sebanyak RM22,875.72 kepada wakil Maidam Cawangan Dungun, Mohd. Amizan Abdul Rahman.
Koperasi yang ditubuhkan pada 11 Julai 2002 itu memulakan pelaburan pertamanya melalui pembelian dua buah rumah teres di Taman Cenderawasih bernilai RM200,000 untuk disewakan kepada pelajar politeknik itu.
Bagi menambahkan aset kekalnya, pada tahun ini pula, koperasi itu membeli sebuah bangunan kedai tiga tingkat di kawasan Sura Bussiness Centre Dungun berharga RM480,000 yang kini telah disewa sebuah syarikat pembinaan dengan sewaan RM6,000 sebulan untuk tempoh dua tahun.
Selain itu, Kosmiz Berhad turut terlibat secara langsung dalam aktiviti pelaburan saham misalnya tahun ini telah melabur sebanyak RM100,000 (Saham Bank Rakyat), RM800,000 (Simpanan Tetap Bank Rakyat) serta RM200,000 (Simpanan Tetap di Bank Simpanan Nasional).
Menurut Abu Bakar, sejak mula ditubuhkan juga koperasi itu telah terlibat dalam pelbagai aktiviti perniagaan bertujuan menjana modal dan kewangan anggota misalnya dalam bidang hartanah, pelaburan saham, jualan barangan pengguna dan perniagaan sewaan.
Kata beliau, menerusi usaha itu koperasi tersebut berjaya menjana keuntungan dan setiap ahli mampu menerima dividen setiap tahun mencecah 40 peratus.
"Walaupun masih baru jika dibandingkan koperasi lain, namun koperasi ini telah mula mencipta nama apabila menerima beberapa anugerah dan penghargaan di atas pencapaian dan sumbangan yang telah dilakukan.
"Selama dua tahun berturut-turut kita memenangi Anugerah Koperasi Peringkat Negeri Terengganu iaitu pada tahun 2006 dan 2007 dengan dinobatkan sebagai Koperasi Harapan dan Koperasi Pengguna," jelasnya.
Tambahnya, pada masa depan Kosmiz Berhad merancang meneroka pelbagai bidang baharu yang bersesuaian bagi menambah pendapatan koperasi seperti sektor pembangunan hartanah, perkhidmatan pinjaman peribadi, perkhidmatan kontrak seperti cuci kawasan dan landskap, pengangkutan dan sebagainya.
Source from (Utusan Malaysia): http://www.utusan.com.my/utusan/Timur/20121107/wt_01/Koperasi-PSMZA-makin-kukuh
Published: November 07, 2012
Source from (Bernama): http://www.bernama.com/bernama/v6/bm/newsgeneral.php?id=707447
Published: November 07, 2012
ABU Bakar Zakaria (dua dari kiri)
menyampaikan replika cek zakat Koperasi
Politeknik Sultan Mizan Zainal
Abidin Berhad kepada Mohd. Amizan
Abd. Rahman (kiri) di Politeknik
Sultan Mizan Zainal Abidin Dungun, baru-baru ini.
Timbalan Pengarah (Sokongan Akademik) PSMZA, Abu Bakar Zakaria berkata, kejayaan itu adalah usaha pihak pengurusan yang berjaya menguruskan aset, pelaburan dan liabiliti dengan cekap dan berkesan.
"Koperasi ini diwujudkan bagi memenuhi permintaan kepada pelbagai kemudahan, perkhidmatan dan bekalan kepada warga politeknik yang mana keahliannya meningkat kepada lebih 4,000 orang terdiri daripada pegawai, pensyarah dan pelajar.
"Anggota yang mencarum boleh mendapat segala perkhidmatan dan bekalan dengan harga yang berpatutan di samping perkongsian keuntungan dalam bentuk dividen dan diskaun langganan," ujarnya.
Beliau ditemui dalam majlis penyerahan zakat perniagaan kepada Majlis Agama Islam dan Adat Istiadat Melayu (Maidam) di PSMZA dekat sini baru-baru ini.
Dalam majlis itu, PSMZA diwakili Abu Bakar menyerahkan zakat perniagaan sebanyak RM22,875.72 kepada wakil Maidam Cawangan Dungun, Mohd. Amizan Abdul Rahman.
Koperasi yang ditubuhkan pada 11 Julai 2002 itu memulakan pelaburan pertamanya melalui pembelian dua buah rumah teres di Taman Cenderawasih bernilai RM200,000 untuk disewakan kepada pelajar politeknik itu.
Bagi menambahkan aset kekalnya, pada tahun ini pula, koperasi itu membeli sebuah bangunan kedai tiga tingkat di kawasan Sura Bussiness Centre Dungun berharga RM480,000 yang kini telah disewa sebuah syarikat pembinaan dengan sewaan RM6,000 sebulan untuk tempoh dua tahun.
Selain itu, Kosmiz Berhad turut terlibat secara langsung dalam aktiviti pelaburan saham misalnya tahun ini telah melabur sebanyak RM100,000 (Saham Bank Rakyat), RM800,000 (Simpanan Tetap Bank Rakyat) serta RM200,000 (Simpanan Tetap di Bank Simpanan Nasional).
Menurut Abu Bakar, sejak mula ditubuhkan juga koperasi itu telah terlibat dalam pelbagai aktiviti perniagaan bertujuan menjana modal dan kewangan anggota misalnya dalam bidang hartanah, pelaburan saham, jualan barangan pengguna dan perniagaan sewaan.
Kata beliau, menerusi usaha itu koperasi tersebut berjaya menjana keuntungan dan setiap ahli mampu menerima dividen setiap tahun mencecah 40 peratus.
"Walaupun masih baru jika dibandingkan koperasi lain, namun koperasi ini telah mula mencipta nama apabila menerima beberapa anugerah dan penghargaan di atas pencapaian dan sumbangan yang telah dilakukan.
"Selama dua tahun berturut-turut kita memenangi Anugerah Koperasi Peringkat Negeri Terengganu iaitu pada tahun 2006 dan 2007 dengan dinobatkan sebagai Koperasi Harapan dan Koperasi Pengguna," jelasnya.
Tambahnya, pada masa depan Kosmiz Berhad merancang meneroka pelbagai bidang baharu yang bersesuaian bagi menambah pendapatan koperasi seperti sektor pembangunan hartanah, perkhidmatan pinjaman peribadi, perkhidmatan kontrak seperti cuci kawasan dan landskap, pengangkutan dan sebagainya.
Tuesday, November 6, 2012
142.7kg Gold Seized From Four Companies Operating Illegal Gold Investment Schemes
KUALA LUMPUR, Nov 5 (Bernama) -- Bank Negara Malaysia in a joint
statement Monday said 142.7kg of gold, money in bank accounts and cash
amounting to RM101.92 million was seized by the authorities after
raiding four companies, suspected to be operating illegal investment
schemes, using gold.
Source from (Bernama): http://www.bernama.com/bernama/v6/newsgeneral.php?id=707203
Published: November 06, 2012
Bank Negara Malaysia in the joint statement with the Royal Malaysian Police, Ministry of Domestic Trade, Cooperative and Consumerism and Companies Commission of Malaysia said seized records revealed that a substantial number of investors had paid but yet to receive their delivery of gold, prior to the raids, whereby the period of non-delivery in some cases had exceeded five months.
The statement said the enforcement agencies are aware of the plights faced by affected investors and every effort was being made to determine the whereabouts of the money and assets of the companies.
As such, a dedicated team has been set up to track the movement of money and other assets of the companies and international accounting firms have also been appointed on a full time basis to assist investigations.
"The scope of investigation is international. In this connection, the enforcement agencies are actively collaborating with their foreign counterparts to obtain evidence in several other jurisdiction to assist investigations," the statement said.
-- BERNAMA
Source from (Bernama): http://www.bernama.com/bernama/v6/newsgeneral.php?id=707203
Published: November 06, 2012
Bank Negara Malaysia in the joint statement with the Royal Malaysian Police, Ministry of Domestic Trade, Cooperative and Consumerism and Companies Commission of Malaysia said seized records revealed that a substantial number of investors had paid but yet to receive their delivery of gold, prior to the raids, whereby the period of non-delivery in some cases had exceeded five months.
The statement said the enforcement agencies are aware of the plights faced by affected investors and every effort was being made to determine the whereabouts of the money and assets of the companies.
As such, a dedicated team has been set up to track the movement of money and other assets of the companies and international accounting firms have also been appointed on a full time basis to assist investigations.
"The scope of investigation is international. In this connection, the enforcement agencies are actively collaborating with their foreign counterparts to obtain evidence in several other jurisdiction to assist investigations," the statement said.
-- BERNAMA
142.7 Kg Emas Disita Daripada Empat Syarikat Pengendali Skim Pelaburan Haram
KUALA LUMPUR, 5 Nov (Bernama) -- Sejumlah 142.7 kilogram emas serta wang
tunai dan wang dalam akaun bank berjumlah RM101.92 juta disita dalam
serbuan oleh pihak berkuasa ke atas empat premis syarikat yang disyaki
mengendalikan skim pelaburan haram menggunakan emas.
Source from (Bernama): http://www.bernama.com/bernama/v6/bm/newsgeneral.php?id=707204
Published: November 06, 2012
Bank Negara Malaysia, dalam kenyataan bersama dengan Polis Diraja Malaysia, Kementerian Perdagangan Dalam Negeri, Koperasi dan Kepenggunaan serta Suruhanjaya Syarikat Malaysia, menyebut rekod yang disita menunjukkan sebilangan besar bilangan pelabur telah membayar wang pelaburan namun belum menerima emas yang dibeli sebelum serbuan itu dilakukan, dan dalam kes tertentu, tempoh menunggu untuk mendapatkan emas adalah melebihi lima bulan.
Kenyataan itu juga menyebut agensi penguatkuasa menyedari kesukaran yang dialami pelabur terbabit dan sedang berusaha mengesan penyimpanan wang dan aset syarikat terbabit.
Sehubungan itu, satu pasukan khas ditubuhkan bagi mengesan aliran wang serta aset lain dan sebuah firma perakaunan antarabangsa turut dilantik secara sepenuh masa bagi membantu siasatan.
"Skop penyiasatan adalah bersifat antarabangsa. Dalam hubungan ini, agensi penguatkuasaan bekerjasama secara aktif dengan rakan sejawat di luar negara untuk mendapatkan bukti di beberapa negara lain bagi membantu penyiasatan," katanya.
-- BERNAMA
Source from (Bernama): http://www.bernama.com/bernama/v6/bm/newsgeneral.php?id=707204
Published: November 06, 2012
Bank Negara Malaysia, dalam kenyataan bersama dengan Polis Diraja Malaysia, Kementerian Perdagangan Dalam Negeri, Koperasi dan Kepenggunaan serta Suruhanjaya Syarikat Malaysia, menyebut rekod yang disita menunjukkan sebilangan besar bilangan pelabur telah membayar wang pelaburan namun belum menerima emas yang dibeli sebelum serbuan itu dilakukan, dan dalam kes tertentu, tempoh menunggu untuk mendapatkan emas adalah melebihi lima bulan.
Kenyataan itu juga menyebut agensi penguatkuasa menyedari kesukaran yang dialami pelabur terbabit dan sedang berusaha mengesan penyimpanan wang dan aset syarikat terbabit.
Sehubungan itu, satu pasukan khas ditubuhkan bagi mengesan aliran wang serta aset lain dan sebuah firma perakaunan antarabangsa turut dilantik secara sepenuh masa bagi membantu siasatan.
"Skop penyiasatan adalah bersifat antarabangsa. Dalam hubungan ini, agensi penguatkuasaan bekerjasama secara aktif dengan rakan sejawat di luar negara untuk mendapatkan bukti di beberapa negara lain bagi membantu penyiasatan," katanya.
-- BERNAMA
Pelaburan emas haram: 142kg emas, RM101j disita
Kuala Lumpur: Sebanyak 142.7 kilogram emas dan RM101.92 juta dalam akaun
bank serta tunai disita daripada empat syarikat yang terbabit dalam
skim pelaburan haram menggunakan emas.
Source from (Berita Harian): http://www.bharian.com.my/bharian/articles/Pelaburanemasharam_142kgemas_RM101jdisita/Article
Published: November 06, 2012
Jumlah itu dinyatakan dalam kenyataan Bank Negara Malaysia (BNM) bersama Polis Diraja Malaysia (PDRM), Kementerian Perdagangan Dalam Negeri, Koperasi dan Kepenggunaan (KPDNKK) dan Suruhanjaya Syarikat Malaysia (SSM), semalam.
Belum terima emas
Siasatan mendapati, sebahagian besar pelabur emas belum menerima emas daripada beberapa syarikat pelaburan yang diserbu BNM sehingga lebih lima bulan menunggu.
“Siasatan mendapati, syarikat berkenaan mempunyai kelemahan dari segi simpanan rekod, gagal menyimpan semua rekod transaksi perniagaan dan kewangan dengan baik.
“Malah, syarikat itu juga mempunyai simpanan rekod kewangan dalam pelbagai versi dan tujuan yang berbeza, selain gagal mengemukakan akaun untuk diaudit SSM, sejak beberapa tahun lalu mengikut undang-undang sepatutnya,” katanya.
Akhbar sebelum ini melaporkan, empat syarikat diserbu iaitu Pageantry Gold Berhad yang beroperasi di Taman Danau Kota, Setapak; Worldwide Far East Berhad (Bandar Baru Seri Petaling); Caesar Gold Sdn Bhd (Jalan Klang Lama) dan Genneva Malaysia di Kuchai Lama selepas disyaki menjalankan skim pelaburan haram menggunakan emas.
Mengulas lanjut, pihaknya menyedari kesukaran yang dialami pelabur dan sedang berusaha untuk mengesan penyimpanan wang dan aset syarikat itu.
Siasatan antarabangsa
“Satu pasukan khas ditubuhkan untuk mengesan aliran wang dan aset lain serta firma perakaunan antarabangsa sudah dilantik secara sepenuh masa untuk membantu siasatan yang menjurus kepada siasatan antarabangsa.
“Agensi penguatkuasaan bekerjasama secara aktif dengan rakan sejawat di luar negara untuk mendapatkan bukti di beberapa negara lain bagi membantu siasatan,” katanya.
Kenyataan itu menyebut, setiap perniagaan terutama membabitkan bilangan pelabur dan jumlah yang besar, penyimpanan rekod transaksi perniagaan yang baik serta tepat penting bagi mengelak berlakunya kesilapan pengurusan kewangan.
Source from (Berita Harian): http://www.bharian.com.my/bharian/articles/Pelaburanemasharam_142kgemas_RM101jdisita/Article
Published: November 06, 2012
Jumlah itu dinyatakan dalam kenyataan Bank Negara Malaysia (BNM) bersama Polis Diraja Malaysia (PDRM), Kementerian Perdagangan Dalam Negeri, Koperasi dan Kepenggunaan (KPDNKK) dan Suruhanjaya Syarikat Malaysia (SSM), semalam.
Siasatan mendapati, sebahagian besar pelabur emas belum menerima emas daripada beberapa syarikat pelaburan yang diserbu BNM sehingga lebih lima bulan menunggu.
“Siasatan mendapati, syarikat berkenaan mempunyai kelemahan dari segi simpanan rekod, gagal menyimpan semua rekod transaksi perniagaan dan kewangan dengan baik.
“Malah, syarikat itu juga mempunyai simpanan rekod kewangan dalam pelbagai versi dan tujuan yang berbeza, selain gagal mengemukakan akaun untuk diaudit SSM, sejak beberapa tahun lalu mengikut undang-undang sepatutnya,” katanya.
Akhbar sebelum ini melaporkan, empat syarikat diserbu iaitu Pageantry Gold Berhad yang beroperasi di Taman Danau Kota, Setapak; Worldwide Far East Berhad (Bandar Baru Seri Petaling); Caesar Gold Sdn Bhd (Jalan Klang Lama) dan Genneva Malaysia di Kuchai Lama selepas disyaki menjalankan skim pelaburan haram menggunakan emas.
Mengulas lanjut, pihaknya menyedari kesukaran yang dialami pelabur dan sedang berusaha untuk mengesan penyimpanan wang dan aset syarikat itu.
Siasatan antarabangsa
“Satu pasukan khas ditubuhkan untuk mengesan aliran wang dan aset lain serta firma perakaunan antarabangsa sudah dilantik secara sepenuh masa untuk membantu siasatan yang menjurus kepada siasatan antarabangsa.
“Agensi penguatkuasaan bekerjasama secara aktif dengan rakan sejawat di luar negara untuk mendapatkan bukti di beberapa negara lain bagi membantu siasatan,” katanya.
Kenyataan itu menyebut, setiap perniagaan terutama membabitkan bilangan pelabur dan jumlah yang besar, penyimpanan rekod transaksi perniagaan yang baik serta tepat penting bagi mengelak berlakunya kesilapan pengurusan kewangan.
Gold investment probe: Many paid but did not get their gold
KUALA LUMPUR: Seized records have revealed that many investors who had
paid had yet to receive any delivery of gold, prior to the joint raids
by Bank Negara,
the police, the Ministry of Domestic Trade, Cooperative and Consumerism
and the Companies Commission of Malaysia on four companies suspected of
conducting illegal investment schemes using gold.
Source from (The Star Online): http://thestar.com.my/news/story.asp?file=/2012/11/5/nation/20121105193941&sec=nation
Published: November 06, 2012
In a joint statement giving an update on their ongoing probe, they said that, in some cases, the investors had been waiting for more than five months after making payment.
“The total amount of gold seized during the raids from all the companies is approximately 142.7 kilogram, and monies in bank accounts and cash amounts to RM101.92mil,” the statement said.
Investigations also revealed that these companies kept poor records with some of them maintaining different versions of financial records for different purposes.
“These companies have also failed to submit audited accounts with the Companies Commission of Malaysia for the last few years, as required by law.
“For businesses, especially those that involve large numbers of clients and monies, it is imperative to maintain accurate records of all business transactions to avoid financial mismanagement or misrepresentation of the true financial situation of the company,” the statement said.
“The enforcement agencies are aware of the plight facing affected investors and every effort is being made to determine the whereabouts of any monies and assets of the companies.
“A dedicated team has been established to track the movement of monies and other assets. International accounting firms have also been appointed on a full time basis to assist in the investigations.
“The scope of the investigation is international.
“In this connection, the enforcement agencies are actively collaborating with their foreign counterparts to obtain evidence in several other jurisdictions to assist in the investigations,” the statement said.
On Oct 5, gold trading firms Pageantry Gold Bhd, Caesar Gold Sdn Bhd and Worldwide Far East Bhd were jointly raided for suspected offences that include illegal deposit-taking, money-laundering, tax evasion and avoidance and false description.
Three days earlier, Genneva Malaysia Sdn Bhd had been raided.
Source from (The Star Online): http://thestar.com.my/news/story.asp?file=/2012/11/5/nation/20121105193941&sec=nation
Published: November 06, 2012
In a joint statement giving an update on their ongoing probe, they said that, in some cases, the investors had been waiting for more than five months after making payment.
“The total amount of gold seized during the raids from all the companies is approximately 142.7 kilogram, and monies in bank accounts and cash amounts to RM101.92mil,” the statement said.
Investigations also revealed that these companies kept poor records with some of them maintaining different versions of financial records for different purposes.
“These companies have also failed to submit audited accounts with the Companies Commission of Malaysia for the last few years, as required by law.
“For businesses, especially those that involve large numbers of clients and monies, it is imperative to maintain accurate records of all business transactions to avoid financial mismanagement or misrepresentation of the true financial situation of the company,” the statement said.
“The enforcement agencies are aware of the plight facing affected investors and every effort is being made to determine the whereabouts of any monies and assets of the companies.
“A dedicated team has been established to track the movement of monies and other assets. International accounting firms have also been appointed on a full time basis to assist in the investigations.
“The scope of the investigation is international.
“In this connection, the enforcement agencies are actively collaborating with their foreign counterparts to obtain evidence in several other jurisdictions to assist in the investigations,” the statement said.
On Oct 5, gold trading firms Pageantry Gold Bhd, Caesar Gold Sdn Bhd and Worldwide Far East Bhd were jointly raided for suspected offences that include illegal deposit-taking, money-laundering, tax evasion and avoidance and false description.
Three days earlier, Genneva Malaysia Sdn Bhd had been raided.
Many investors paid but did not receive their gold from raided companies
KUALA LUMPUR: Seized records revealed that many investors had yet to
receive any delivery of gold, prior to the raids on four companies
suspected of conducting illegal investment schemes using gold.
Source from (The Star Online): http://thestar.com.my/news/story.asp?file=/2012/11/6/nation/12278018&sec=nation
Published: November 06, 2012
In some cases, they had been waiting for more than five months after making payment, according to a joint statement by the four enforcement agencies. They are Bank Negara, the police, the Domestic Trade, Cooperative and Consumerism Ministry and the Companies Commission of Malaysia.
“The total amount of gold seized during the raids from all the companies is approximately 142.7kg, and monies in bank accounts and cash amounts to RM101.92mil,” they said.
Investigations also revealed that these companies kept poor records with some of them maintaining different versions of financial records for different purposes.
“These companies have also failed to submit audited accounts with the Companies Commission of Malaysia for the last few years, as required by law.
“The enforcement agencies are aware of the plight facing affected investors and every effort is being made to determine the whereabouts of any money and assets of the companies.
“A dedicated team has been established to track the movement of monies and other assets. International accounting firms have also been appointed on a full-time basis to assist in the investigations.
“The scope of the investigation is international. In this connection, the enforcement agencies are actively collaborating with their foreign counterparts to obtain evidence in several other jurisdictions to assist in the investigations,” the statement said.
On Oct 5, gold trading firms Pageantry Gold Bhd, Caesar Gold Sdn Bhd and Worldwide Far East Bhd were jointly raided for suspected offences that include illegal deposit-taking, money-laundering, tax evasion and avoidance and false description. Three days earlier, Genneva Malaysia Sdn Bhd had been raided.
Source from (The Star Online): http://thestar.com.my/news/story.asp?file=/2012/11/6/nation/12278018&sec=nation
Published: November 06, 2012
In some cases, they had been waiting for more than five months after making payment, according to a joint statement by the four enforcement agencies. They are Bank Negara, the police, the Domestic Trade, Cooperative and Consumerism Ministry and the Companies Commission of Malaysia.
“The total amount of gold seized during the raids from all the companies is approximately 142.7kg, and monies in bank accounts and cash amounts to RM101.92mil,” they said.
Investigations also revealed that these companies kept poor records with some of them maintaining different versions of financial records for different purposes.
“These companies have also failed to submit audited accounts with the Companies Commission of Malaysia for the last few years, as required by law.
“The enforcement agencies are aware of the plight facing affected investors and every effort is being made to determine the whereabouts of any money and assets of the companies.
“A dedicated team has been established to track the movement of monies and other assets. International accounting firms have also been appointed on a full-time basis to assist in the investigations.
“The scope of the investigation is international. In this connection, the enforcement agencies are actively collaborating with their foreign counterparts to obtain evidence in several other jurisdictions to assist in the investigations,” the statement said.
On Oct 5, gold trading firms Pageantry Gold Bhd, Caesar Gold Sdn Bhd and Worldwide Far East Bhd were jointly raided for suspected offences that include illegal deposit-taking, money-laundering, tax evasion and avoidance and false description. Three days earlier, Genneva Malaysia Sdn Bhd had been raided.
At least 5 gold mines in M'sia are under foreign listed companies
PETALING JAYA: While gold mining is not a new business activity in
Malaysia, it does not seem to have any significant domestic capital
market participation.
But the striking fact remains that at least five of the country's gold mines are part of the assets of many listed companies abroad.
Source from (The Star Online): http://biz.thestar.com.my/news/story.asp?file=/2012/11/5/business/12272344&sec=business
Published: November 05, 2012
Among them is a Raub mine operated by Raub Australian Gold Mining Sdn Bhd, which in turn is a subsidiary of Peninsular Gold Ltd, listed on London Stock Exchange's Alternative Investment Market.
The company is under the control of Datuk Seri Andrew Kam Tai Yeow with a 29.5% stake, who is also its chairman and chief executive.
Peninsular Gold is the only listed gold company with assets in Malaysia that is managed by locals, while the others seem to have foreign ownership (partly) and management.
But although profitable, Peninsular Gold's earnings are paltry for now.
For its six-months ended December 2011, the company recorded a net profit of £86,049 (RM421,734) on revenue of £6.805mil (RM33.35mil). The year before, it reported a profit of £657,283 (RM3.22mil) on revenue of £14.19mil (RM69.54mil). Its market capitalisation stands at around £18mil (RM88mil).
Peninsular
Gold's plans have been to use better technology in the extraction of
gold at its Raub plant, which has a proven reserve of 202,000 ounces of
gold.
Industry experts say there are three major mines in Malaysia located in Raub, Penjom and Selinsing, in Pahang.
Since June 2011, the Penjom mine has changed ownership. Norwegian Avocet Mining PLC divested its interest in the mine, which is now under the wings of privately held PT Bukit Makmur Mandiri Utama, Indonesia's second-largest mining contractor.
Details of the mine has been off the radar but according to last known data, the mine had produced 39,150 ounces of gold for the nine-months ended Sept, 2010.
The Selinsing mine, operated by Canada's Monument Mining Ltd, is another well-established gold mine, with a production of 44,585 ounces of gold recorded for its year ended June 2012. The mine lays claim to having one of the lowest production costs at US$306 (RM930) per ounce.
Monument Mining is also exploring other mining projects in the country, including the Mengapur polymetalic project near Sri Jaya, Pahang. The mine is said to have deposits of copper, sulphur, iron, gold and silver.
Another interesting miner is Singapore-listed CNMC Goldmine Holdings Ltd which has the rights to the 2,370 acres Sokor gold field. CNMC reckons that this gold field is the most prospective but undeveloped hard rock gold mining area in Malaysia.
In June, CNMC announced its gold reserves rose by 20% to 82,000 ounces.
CNMC is founded by one Lin Xiang Xiong, a Chinese national who is the chief advisor for China International Trade to the Kelantan state government.
For its six months ended June, the company recorded a net profit of US$482,646 (RM1.46mil) on a revenue of US$5.178mil (RM15.74mil).
Over in East Malaysia, a new kid on the block has emerged in the form of Canadian firm Olympus Pacific Minerals Inc. Olympus acquired the 1,400-sq-km Bau gold project as a result of the merger with Zedex Minerals Ltd in 2009, and now has a 83.25% interest in the project.
The project has 560,000 ounces of indicated gold and another 1.89 million ounces of inferred gold.
The Bau region is a historic gold field with many geological similarities to the Carlin District of Northern Nevada, which is one of the world's largest gold fields.
Largely focused in South-East Asia, Olympus is the largest gold producer in Vietnam and operates several underground narrow vein gold mines and an open-pit gold mine at its two production sites in Vietnam. It also has a gold field in the Philippines.
But the striking fact remains that at least five of the country's gold mines are part of the assets of many listed companies abroad.
Source from (The Star Online): http://biz.thestar.com.my/news/story.asp?file=/2012/11/5/business/12272344&sec=business
Published: November 05, 2012
Among them is a Raub mine operated by Raub Australian Gold Mining Sdn Bhd, which in turn is a subsidiary of Peninsular Gold Ltd, listed on London Stock Exchange's Alternative Investment Market.
The company is under the control of Datuk Seri Andrew Kam Tai Yeow with a 29.5% stake, who is also its chairman and chief executive.
Peninsular Gold is the only listed gold company with assets in Malaysia that is managed by locals, while the others seem to have foreign ownership (partly) and management.
But although profitable, Peninsular Gold's earnings are paltry for now.
For its six-months ended December 2011, the company recorded a net profit of £86,049 (RM421,734) on revenue of £6.805mil (RM33.35mil). The year before, it reported a profit of £657,283 (RM3.22mil) on revenue of £14.19mil (RM69.54mil). Its market capitalisation stands at around £18mil (RM88mil).
Industry experts say there are three major mines in Malaysia located in Raub, Penjom and Selinsing, in Pahang.
Since June 2011, the Penjom mine has changed ownership. Norwegian Avocet Mining PLC divested its interest in the mine, which is now under the wings of privately held PT Bukit Makmur Mandiri Utama, Indonesia's second-largest mining contractor.
Details of the mine has been off the radar but according to last known data, the mine had produced 39,150 ounces of gold for the nine-months ended Sept, 2010.
The Selinsing mine, operated by Canada's Monument Mining Ltd, is another well-established gold mine, with a production of 44,585 ounces of gold recorded for its year ended June 2012. The mine lays claim to having one of the lowest production costs at US$306 (RM930) per ounce.
Monument Mining is also exploring other mining projects in the country, including the Mengapur polymetalic project near Sri Jaya, Pahang. The mine is said to have deposits of copper, sulphur, iron, gold and silver.
Another interesting miner is Singapore-listed CNMC Goldmine Holdings Ltd which has the rights to the 2,370 acres Sokor gold field. CNMC reckons that this gold field is the most prospective but undeveloped hard rock gold mining area in Malaysia.
In June, CNMC announced its gold reserves rose by 20% to 82,000 ounces.
CNMC is founded by one Lin Xiang Xiong, a Chinese national who is the chief advisor for China International Trade to the Kelantan state government.
For its six months ended June, the company recorded a net profit of US$482,646 (RM1.46mil) on a revenue of US$5.178mil (RM15.74mil).
Over in East Malaysia, a new kid on the block has emerged in the form of Canadian firm Olympus Pacific Minerals Inc. Olympus acquired the 1,400-sq-km Bau gold project as a result of the merger with Zedex Minerals Ltd in 2009, and now has a 83.25% interest in the project.
The project has 560,000 ounces of indicated gold and another 1.89 million ounces of inferred gold.
The Bau region is a historic gold field with many geological similarities to the Carlin District of Northern Nevada, which is one of the world's largest gold fields.
Largely focused in South-East Asia, Olympus is the largest gold producer in Vietnam and operates several underground narrow vein gold mines and an open-pit gold mine at its two production sites in Vietnam. It also has a gold field in the Philippines.
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