Wednesday, 31 May 2017

BUKIT LANJAN: Stop wasting food, think of the poor, needy and hungry


 BUKIT LANJAN: Stop wasting food, think of the poor, needy and hungry

https://youtu.be/YynJ6CvqgZI (VIDEO: Feeding time for hungry children)

Malaysians waste more than 15,000 tonnes of food daily and that is enough to feed millions of hungry mouths daily.

Given the current economic hard times, it is time for the federal government, restaurateurs and hoteliers to seriously consider effective measures to stop the wastage immediately.

“They must also consider doing good to mankind by giving away clean leftovers to the poor and hungry,” Gerakan Deputy Speaker Syed Abdul Razak Alsagoff said.

He said the poor and hungry “are really feeling the pinch of a sluggish global economy that is also affecting domestic economic activities and performance”.

“Really, why can’t the federal government, restaurateurs and hoteliers show magnanimity to the needy and poor during the current hard economic times?

“Why dump food into garbage bins when there are many hungry mouths to feed, including vagrants,” he said, adding that clean leftovers could also be delivered to orphanages and homes for the needy and poor. (View the above video clip to see the feeding of hungry children)


Syed Razak, who is Gerakan’s nominee to contest N.37 Bukit Lanjan in the coming 14th General Election (GE14), said the private sector in the food and beverage industry should make it their collective caring corporate responsibility on this matter.

“In fact, the federal government via local governments can also help in manpower to provide coordinators and help distribute food to the poor, especially those in the rural areas.

“This will be a true reflection of a caring government, a government that truly helps the poor and needy. All it needs now is to set up the departments to coordinate the stoppage of food wastage.

"And, in the spirit of the holy month of Ramadhan where every Muslim is required to fast from dawn to dusk, let's kick start this initiative to avoid food wastage and to give extra food and clean leftovers to feed the poor, hungry and needy.

"It's the perfect time for the federal government to launch such a massive Malaysian initiative in this direction," he added.

Here are two news reports on the issue posted by The Star Online:

"Nation

Home > News > Nation

Tuesday, 24 May 2016 | MYT 6:42 PM

Malaysians waste 15,000 tonnes of food daily



KUALA LUMPUR: Malaysians waste 15,000 tonnes of food daily including 3,000 tonnes that is still fit for consumption and should not be discarded.

Deputy Agriculture and Agro-Based Industry Minister Nogeh Gumbek said the increasing food wastage especially during festive seasons should not be made a habit and should be curbed.

"Research conducted by the Malaysian Agricultural Research and Development Institute (Mardi) shows that 28.4% of the paddi produced is wasted. As for fruits and vegetables, 20 to 50% is thrown away," he said after opening the “MySaveFood” forum here Tuesday.

Nogeh said the government through Mardi is conducting several programmes nationwide to educate the public on the impact of food wastage to the people and the country.

Meanwhile, Food and Agriculture Organisation (FAO) senior enterprise development officer Dr Rosa Rolle said the Food Loss and Waste (FLW) Standard would be launched next month in a bid to address the challenges of quantifying food loss and waste.

"The FLW Standard will enable a wide range of entities, countries and other regions to account for and report in a credible, practical and internationally consistent manner, how much food loss and waste is created and identify where it occurs, thus enabling the targeting of efforts to reduce it," she said.

Dr Rolle said the development of the standard is being coordinated by the World Resources Institute (WRI) together with the Consumer Goods Forum (CGF) and the World Business Council for Sustainable Development (WBCSD).

"Globally, about 1.3 billion tonnes of food valued at RM4.4tril is lost or wasted yearly," she added.

The "MySaveFood" forum attended by 100 participants from government agencies and the private sector aims to create awareness about the food life cycle and to reduce food waste.

It is jointly organised by FAO and Mardi. - Bernama
"



"Nation

Home > News > Nation

Tuesday, 31 May 2016

Research shows Malaysians waste enough to feed millions daily
BY DANIAL ALBAKRI

PETALING JAYA: Every year, an average Malaysian household throws away more than one month’s salary on food they don’t eat, research by Solid Waste Corporation Management (SWCorp) concluded.

The food that Malaysians waste not only affects their pockets, but it is estimated to be enough to feed millions daily.

The research found that about a quarter of the food is wasted by Malaysians during preparation, production and consumption.

“In one study conducted by SWCorp, a household with five people spends an average of RM900 on food alone.

“If we take into account the fact that a quarter of food is wasted during preparation, production and consumption, the value of food thrown into the trash can every month is equivalent to RM225,” said SWCorp Technology Research Division environmental control officer Agustina Fithri Kasmaruddin.

This would total a whopping RM2,700 a year, which is more than RM2,400, the mean monthly salary for an individual in an urban area, according to the Department of Statistics’ Salaries & Wages Survey Report 2014.Another study conducted by SWCorp showed that Malaysians generated 38,000 tonnes of solid waste daily in 2016, of which 15,000 tonnes was food waste.

It found that 20%, or 3,000 tonnes, of this food waste was avoidable.

Avoidable food waste, Agustina explained, was food that could still be eaten when it was thrown, adding that “people rarely finish the food on their plates.”

“Based on SWCorp’s study, the average weight of an individual’s meal is 0.45kg a meal.

“15,000 tonnes of food waste can feed 11 million people with three meals a day,” said Agustina.

Avoidable food waste, using the same logic, could feed 2.2 million people three full meals a day of perfectly edible food.

“It’s very worrying. Looking at the economy right now, people are suffering. Some can’t even afford to eat,” said Agustina.

The issues of food loss and food waste are becoming more and more prevalent as key matters for leaders to address as Malaysia’s food security becomes increasingly a national concern.

Food loss here means the loss of food between the farms and the retailers, in the case of the produce damaged during harvesting and transportation.

Food waste, on the other hand, is the food that is discarded by retailers and consumers, for instance unsold food that is destroyed by a supermarket after they pass their expiry date as well as uneaten food at hotel buffets.

“The issue of food waste is relatively new in the Malaysian context. It was very recently that the FAO said that food waste was important to food security.

“If we can reduce food waste, we can improve the food security situation. After post-harvest losses, the main issue in food security is food waste,” said Mardi’s Economic and Social Science Research Centre director Dr Rozhan Abu Dardak.

But what can the average Malaysian do to reduce food waste?

According Dr Ainu Husna M S Suhaimi, head secretariat of the MYSaveFood Initiative, it is all about proper planning and awareness.

“It all starts with planning, if you plan your shopping well, you can reduce food waste.

“Use a basket instead of a trolley, use cash instead of credit card.

Dr Ainu also said that overeating was itself a form of food waste and that reduced portions were encouraged.

“Malaysians believe it is better to cook more than being insufficient, but it should be the other way round,” she added. Leftovers should be frozen for later consumption and whatever that remains can be composted or fed to pets.

Passing this information on was part of the MYSaveFood initiative agenda, she explained.

“The MYSaveFood initiative gathers a network of government agencies, private companies and NGOs and informs everyone that everyone wastes,” she said.

They do this mainly through awareness programmes and forums such as the forum that was held last week in conjunction with the Agriculture and Agro-based Industry Ministry.

Initiatives by other agencies have also helped to bring food waste into the forefront, including the Lost Food Project that was recently launched.

The project introduced a food surplus collection service in partnership with Jasons Food Hall that pools together products and delivers to five charities twice a week.

“Everyone can do our own bit. Food waste is definitely a change of attitude and mindset, while food loss is more about technology,” said Dr Ainu.
"


N.37 LET BUKIT LANJAN SOAR WITH SYED ABDUL RAZAK ALSAGOFF

Tuesday, 30 May 2017

BUKIT LANJAN: Gangsters, mob are now the law in Malaysia?

FLASHBACK: The Low Yat Mob
BUKIT LANJAN: Gangsters, mob are now the law in Malaysia?

https://youtu.be/w9rNGW-EAvE (VIDEO: Gangsters, mob are now the law in Malaysia?)

The above video clip says it all about what is the law in Malaysia today.

And who is to blame for such gangster-like public behaviour? Who has given them the encouragement and confidence to behave as such?

“Many Malaysians have plenty of views on such public matters of concern. But what are the authorities, especially the police, doing about it?” Gerakan Deputy Speaker Syed Abdul Razak Alsagoff said.

He said the video clip was shot at the scene of an accident.

“If there is an accident, let the police handle it, right? But no. Gangster-like individuals and mob take over the law at the scene,” he added.

Syed Razak said whether the car driver was drunk or not, “it is for the police to investigate and act accordingly within the law”.

“Definitely not the mob way of the ‘gangster’ and his cohorts. The police must, therefore, act against those who took the law into their own hands.

“They are guilty of assault and threatening the life of the man involved in a car accident. If they are allowed to get away scot-free without any police action, then the police force is guilty of encouraging such mob and gangster-like behaviour,” he added.

Syed Razak, who is Gerakan’s nominee to contest N.37 Bukit Lanjan in the coming 14th General Election (GE14), said for the sake of upholding public law and order and civil behaviour, “I urge the police to investigate and act immediately”.

“The video clip contains all the evidence needed to charge those who took the law in their own hands,” he added.

N.37 LET BUKIT LANJAN SOAR WITH SYED ABDUL RAZAK ALSAGOFF

BUKIT LANJAN: How is China conquering the world? Learn from them fast!


China’s Science Revolution - BBC
 BUKIT LANJAN: How is China conquering the world? Learn from them fast!

It looks like China today is conquering the world in both economic and technological innovation.

In so doing, it is now acknowledged as a world power and China has achieved global status in just four decades or so.

“Their global achievements are nothing short of amazing. From a poverty-stricken country, China is now set to overtake the US as the world’s No.1 economy,” Gerakan Deputy Speaker Syed Abdul Razak Alsagoff said.

He said China and its people had achieved international success in various science and economic fields solely because “they are a hard working civilisation who are also equally very practical”.

“Quality education and excellence are what they strive for in life. They also recognise and treasure talent that cannot be replaced by any other consideration,” he added.

Syed Razak said Malaysia was far more wealthy and superior in infrastructure than China when it gained Merdeka (Independence) from the British in 1957.

“Compare Malaysia with China today. China is ahead of Malaysia by leaps and bounds in almost every field, be it economics, science and technology.

“We (Malaysia) have vast rich natural resources but we are unable to break free in science and technology development. We really need to seriously review our education and economic policies to trigger a quantum leap in both fields,” he added.


Syed Razak, who is Gerakan’s nominee to contest N.37 Bukit Lanjan in the coming 14th General Election (GE14), said a country’s progress depended solely on talent and brains.


“Why are we losing so many talented and brainy students to foreign countries? Why are so many of them forced to seek education in foreign countries?

“It will do well for the federal government to answer those two questions truthfully, and then find the political will to reverse the brain drain.

“Every year, we have tens of thousands of fresh graduate who are considered unemployable by the private sector. Why is that so?

“Education today is no more just about academic achievements and excellence. It is about innovative talent and grooming graduates who are employable, and who are competent.

“It is not only about quality human capital. It is about competent and relevant skills that are demanded in a fast growing global digital world,” Syed Razak added.



Here’s a posting by The Star Online on China’s latest global challenge in the telecommunications sector:

"Tech News

Home > Tech > Tech News

Wednesday, 24 May 2017 | MYT 8:00 AM

Huawei narrows gap with Samsung, Apple in smartphone sales: Gartner


A man holding up a Huawei P10 during the Mobile World Congress show in Barcelona, Spain. The Chinese network-to-consumer-electronics builder increased its market share to 9% during the first quarter from 8.3% in the year-earlier period. — Reuters
FRANKFURT: China's Huawei has narrowed the gap with its two biggest competitors Apple Inc and Samsung Electronics in global smartphone sales, first-quarter data from research firm Gartner showed.

The Chinese network-to-consumer-electronics builder increased its market share to 9% during the first quarter from 8.3% in the year-earlier period.

"Huawei has now steadily held the third spot in the worldwide ranking of smartphone vendors," Anshul Gupta, research director at Gartner, said in a statement.

"However, pressure is mounting as its counterparts in China are catching up."

Chinese vendors Oppo and Vivo grew their shares of the market to 8.1% and 6.8% respectively, helped by aggressive marketing and sales promotions, posing a threat to both Huawei and Apple in China, where Oppo is the No 1 smartphone seller.

Samsung Electronics kept its top spot but saw its market share shrink to 20.7% from 23.3% as it continued to feel the impact of its costly Galaxy Note 7 recall last year after several devices spontaneously caught fire.

"Although Samsung announced that pre-orders for the Galaxy S8 and S8 Plus are up 30% year on year, the absence of an alternative to Note 7 and the fierce competition in the basic smartphone segment are leading Samsung to continuously lose market share," Gartner's Gupta said.

Apple's market share dropped to 13.7% from 14.8%. The first quarter of the year is Apple's weakest when sales dip after the holiday-heavy fourth quarter. Customers are also holding back on buying iPhones in anticipation of new models that will be launched later in the year.

Overall, 380 million smartphones were sold during the first quarter, 9.1% more than in the year-earlier period. — Reuters
"



N.37 LET BUKIT LANJAN SOAR WITH SYED ABDUL RAZAK ALSAGOFF

Monday, 29 May 2017

BUKIT LANJAN: Pek Moh reiterates pledge to serve with sincerity and honesty

Subang Gerakan chairman Chong (3rd from left) led his party comrades to support Syed Razak (party nominee to contest N.37 Bukit Lanjan in the coming GE14) at a meeting with Kayu Ara Umno leaders and grassroots.
BUKIT LANJAN: Pek Moh reiterates pledge to serve with sincerity and honesty

Pek Moh Bukit Lanjan Syed Abdul Razak Alsagoff reiterated his pledge to serve with sincerity and honesty if he wins in N.37 Bukit Lanjan in the coming 14th General Election (GE14).

“Not only that. I will also speak out for the Bukit Lanjan folk without fear or favour. I will serve all in Bukit Lanjan, irrespective of race and religion,” he said in his address at a dinner meeting with officials and grassroots from seven Kayu Ara Umno branches.

Syed Razak said: “This gathering is organised in the spirit of the Holy Ramadhan month and to forge closer ties and unity with Umno and Barisan Nasional (BN) comrades.

“My political conviction and hope is to be given the chance to serve as a truly 1Malaysia assemblyman, an elected representative for Malaysians.”

Subang Gerakan chairman Chong Chee Yen told the Umno officials and grassroots that his division would give its full support to Syed Razak to win N.37 in GE14.

“He’s a good candidate. He’s competent and there is no reason why we cannot fight for electoral victory as a united BN force in Bukit Lanjan,” he added.

Chong said Syed Razak, being half Chinese and speaks and understand Cantonese and Hokkien dialects, “understands the needs of Malaysians, especially the Chinese community”.

“For the first time in four decades, Gerakan is fielding a Malay in Chinese-majority Bukit Lanjan. It’s a sincere decision by party president Mah Siew Keong to promote Gerakan as a multi-racial political party,” he added.

The Umno officials and grassroots responded by saying that “it is an honour that Gerakan is fielding a Malay as a candidate in Bukit Lanjan after 40 years”.

“Our semangat (spirit) is raised by Tuan Syed’s show of fighting spirit. Yes, he is right when he said he fights to win and that as long as balloting has not closed by 5pm, we are no losers,” they said in loud applause at Restoran Idaman Village in Mutiara Damansara on May 28, 2017.

They said Kayu Ara Umno branches would give its “all” to ensure electoral victory for Syed Razak and urged the Chinese community to “give Tuan Syed a chance to prove himself as a real leader for all Malaysians”.




N.37 LET BUKIT LANJAN SOAR WITH SYED ABDUL RAZAK ALSAGOFF

Sunday, 28 May 2017

BUKIT LANJAN: Stop blabbering, get down to work, what’s there to be proud of Proton?


BUKIT LANJAN: Stop blabbering, get down to work, what’s there to be proud of Proton?

It looks like it is still business as usual at Proton led by DRB-Hicom Bhd group managing director Syed Faisal Albar.

Instead of getting down to work to clean up its own house, Syed Faisal continues to syiok sendiri (self glorifying), blabbering away that “Proton is still a national brand” despite the selling of a 49.9% stake of Proton Holdings Bhd to a China-based company.


“Really, what is Syed Faisal so proud of? From a 100% Malaysian-owned outfit, Proton is now set (pending the inking of the sale) to become a joint-venture (JV) with China’s Zhejiang Geely Holding Group Co.

“What Malaysian national brand is Syed Faisal blabbering about? Jangan syiok sendiri,” Gerakan Deputy Speaker Syed Abdul Razak Alsagoff said.

He said it would do well for Syed Faisal to remain humble and “get down to work to help clean up the Proton house to save the JV”.

Read these two previous postings for context: http://bukitlanjan.blogspot.my/2017/05/bukit-lanjan-yes-end-bailouts-for-proton.html and http://bukitlanjan.blogspot.my/2017/05/bukit-lanjan-sale-of-proton-blessing-in.html

“Syed Faisal, blabbering and syiok sendiri will get you and the JV nowhere. And I am pretty sure Geely is not prepared to accept your syiok sendiri antics and bragging,” he added.


Syed Razak, who is Gerakan’s nominee to contest N.37 Bukit Lanjan in the coming 14th General Election (GE14), said “it is without doubt that Geely will naturally overhaul the JV management to make it lean and highly competent and productive”.

“It will also likely want to get rid of the excess baggage and unproductive staff, senior officials and sub-standard contractors and suppliers.” he added.

“So, Syed Faisal, get down to real hard work and earn your keep. Help identify the productive staff, get rid of the real excess garbage to ensure the success of the JV or Proton,” Syed Razak said.

Here’s what The Star Online posted and another related story by online news portal Free Malaysia Today for you to chew on:

"Nation

Home > News > Nation

Sunday, 28 May 2017


MD: Proton is still a national brand
BY HEMANANTHANI SIVANANDAM

PETALING JAYA: The selling of a 49.9% stake of Proton Holdings Bhd to a China-based company does not equate to a sell-out, said DRB-Hicom Bhd group managing director Datuk Seri Syed Faisal Albar.

The sale of the stake to Zhejiang Geely Holding Group Co should not be seen as that because Proton is a private entity, he said.

The acquisition of Proton by DRB-Hicom in 2012 from Khazanah Nasional Bhd, said Syed Faisal, was an “outright purchase”, and the “golden share” of the Government was removed then.

“Yes, Proton is the first national car brand by virtue of it being the first car marque that Malaysia produced back in 1985.

“By the same token, DRB-Hicom retaining 50.1% equity means that we still own the majority stake and the brand remains a national brand, a national car.

“But inviting Geely Holding to take up a 49.9% stake in Proton does not equate to us selling out,” said Syed Faisal in a recent question-and-answer session.

On Wednesday, DRB-Hicom said it had reached an agreement for the sale of the stake.

Both DRB-Hicom and Geely are expected to sign a definitive agreement in July.

Geely Holding, which already owns the Volvo brand and The London Taxi Company, would be expanding its reach into the South-East Asia region through Proton.

Syed Faisal said it took more than a year with “thorough analysis, site visits and detailed evaluation criteria” to look for a foreign strategic partner (FSP) that was best suited for Proton.

“In short, we needed to find a partner that understood what we wanted and what we needed, and was willing to take the journey with us towards our goals and aspirations.

“Pound for pound, Geely Holding was the best suitor,” he added.

Syed Faisal said Geely Holding made the best partner for Proton as the former has agreed to retain the national carmaker’s nameplate and aims to reclaim the number one spot in the country.

Syed Faisal said retaining the brand and wanting to be number one in the country were important considerations as Proton is a national car.

He said Geely Holding embraces the requirement, similarly to how it respected the Swedish aspiration when it bought over Volvo.

“In order to move fast into the market, part of the agreement is to inject a sports utility vehicle (SUV) platform into Proton and Geely Holding offered its best-selling SUV to us without batting an eyelid.

“This will enable Proton to enter a new segment, and a segment that has grown tremendously over the past years,” he added.

Other reasons include the commitment to grow Proton beyond Ma laysia, Proton becoming the right-hand drive manufacturing hub for Geely branded cars, Volvo cars being assembled at Proton’s Tanjung Malim plant, and Geely’s proven success in turnaround of auto companies, among others.
"


"Johari: Geely has saved Proton from ending up like Perwaja

FMT Reporters

| May 28, 2017

The second finance minister says China’s Zhejiang Geely which has agreed to buy a stake in Proton will be a suitable partner to develop the national car further.

PETALING JAYA: Second Finance Minister Johari Abdul Ghani has defended the new partnership between DRB-Hicom Bhd and China’s Zhejiang Geely Holding Group over Proton, calling it a strategic cooperation to prevent the national car from meeting the same fate as collapsed steel manufacturer Perwaja.

He said the government had tried to develop the iron and steel industries through Perwaja Holdings Bhd but the company ceased operating due to management problems in the 1990s.

“The government did a lot to help but Perwaja eventually closed shop. Many workers lost their jobs there as the factory was no longer operational,” he said.

“We certainly do not want the same for Proton. I want to stress that we do not want its fate to be that of Perwaja’s,” he added.

He said he understood the sentiments of former prime minister Dr Mahathir Mohamad who expressed disappointment at Proton’s partial takeover by Zhejiang Geely, but added that the Chinese company was now an important strategic partner that could advance Proton’s stature.

On May 25, Mahathir bemoaned the agreement for a 49.9% sale of Proton Holdings Bhd to Zhejiang Geely the day before. Zhejiang Geely also agreed to buy a 51% stake in Lotus Cars from DRB-Hicom.

Mahathir said the sale of Proton, which he described as a national icon, was but the beginning of many Malaysian assets, including land, being sold off to foreigners.

Johari however questioned why critics of the deal were not proud of Proton.

“In my opinion all parties should support the cooperation because Geely has saved Proton from becoming another Perwaja,” he said.

In an interview published in Utusan Malaysia today, he said there would be a great deal of difficulty if such a situation arose and more workers lost their jobs.

Proton, which was set up in 1983 as the country’s first national automobile company, has been riddled with financial problems over the last few years despite benefiting from government aid.

In 2001, Proton commanded as much as 53% of the local market share but this plunged to 14% last year as more buyers opted for imported cars as complaints on the quality of Proton cars prevailed.

Johari said under the current scenario 50.1% of Proton’s ownership was in Malaysian hands. He also asked what was wrong if the company succeeded in thriving at the international level with such an arrangement.

He said if Perusahaan Otomobil Kedua Sendirian Berhad, which manufactures Perodua vehicles, could collaborate with Japanese company Daihatsu Motor Co Ltd, there was no reason why Proton could not do the same with Zhejiang Geely.

“This is a normal practice in business,” he said.

He also gave his assurance that the Proton name would be maintained, as has been stipulated in the agreement between DRB-Hicom and Zhejiang Geely.

“This was among the points of the agreement. Furthermore, DRB-Hicom is the majority shareholder and has deciding power in the relationship,” he said.

Perwaja was formed in 1982 during Mahathir’s tenure as prime minister with a paid-up capital of RM250 million. However, by the end of 1986 it had raked up losses of up to RM131 million, reportedly due to management problems and the appreciation of the yen.

The company was later revived but was forced to shut down its factory operations in Kemaman, laying off 1,500 workers in the process, in 2013.
"

N.37 LET BUKIT LANJAN SOAR WITH SYED ABDUL RAZAK ALSAGOFF

Saturday, 27 May 2017

BUKIT LANJAN: Sale of Proton a blessing in disguise


BUKIT LANJAN: Sale of Proton a blessing in disguise



The sale of Proton to China’s Geely is not only timely, it is also a blessing in disguise.


The Internal Combustion Engine (ICE)-powered cars are set to become obsolete, meaning it is a sunset industry.

A US report from a Stanford economist even boldly claimed that petrol cars are set to vanish in eight years!

“So, the sale of Proton to Geely, China’s automaker, is not only wise and cutting losses, the current federal government is also thinking out of the box to save Proton from total loss,” Gerakan Deputy Speaker Syed Abdul Razak Alsagoff said.

He said, after 34 years since the birth of Proton, it was crystal clear that Proton cannot survive in the hugely competitive global car industry. (Read this for context: http://bukitlanjan.blogspot.my/2017/05/bukit-lanjan-yes-end-bailouts-for-proton.html)

“Proton just don’t have the technology and economies of scale to survive. Proton not only needs cash injection, it needs Geely to inject technology to make Proton competitive,” he added.


Will this even render electric cars obsolete?

Syed Razak, who is Gerakan’s nominee to contest N.37 Bukit Lanjan in the coming 14th General Election (GE14), said: “Given Proton’s current business status, it is considered very lucky for it to even find a buyer.

“Proton is an ICE dinosaur. Not only is it decades behind auto technology, it does not even have the basic sales to keep it afloat. Enough of bailouts from Malaysians,” he added.

He said the future was in electric cars but that too could be rendered obsolete should Japan’s hydro-powered cars become commercially viable and practical.

“Imagine what will happen to ICE cars when motorists go electric or hydro, that is air and water-powered cars,” he said, adding that Tesla is also set to revolutionise and dominate the world auto industry. (Watch the above attached video clip and be mesmerised.)

Here’s the US report from a Stanford economist:

"Petrol cars will vanish in 8 years, says US report from Stanford economist

May 15 2017 at 11:08 AM


A Tesla Model S, which has 18 moving parts, one hundred times fewer than a combustion engine car. "Maintenance is essentially zero," says Stanford University economist Tony Seba. "That is why Tesla is offering infinite-mile warranties. You can drive it to the moon and back and they will still warranty it."
No more petrol or diesel cars, buses, or trucks will be sold anywhere in the world within eight years. The entire market for land transport will switch to electrification, leading to a collapse of oil prices and the demise of the petroleum industry as we have known it for a century.

This is the futuristic forecast by Stanford University economist Tony Seba. The professor's report, with the deceptively bland title Rethinking Transportation 2020-2030, has gone viral in green circles and is causing spasms of anxiety in the established industries.

Mr Seba's premise is that people will stop driving altogether. They will switch en masse to self-drive electric vehicles (EVs) that are 10 times cheaper to run than fossil-based cars, with a near-zero marginal cost of fuel and an expected lifespan of 1 million miles (1.6 million kilometres).

Only nostalgics will cling to the old habit of car ownership. The rest will adapt to vehicles on demand. It will become harder to find a petrol station, spares, or anybody to fix the 2000 moving parts that bedevil the internal combustion engine. Dealers will disappear by 2024.

Cities will ban human drivers once the data confirms how dangerous they can be behind a wheel. This will spread to suburbs, and then beyond. There will be a "mass stranding of existing vehicles". The value of second-hard cars will plunge. You will have to pay to dispose of your old vehicle.

It is a twin "death spiral" for big oil and big autos, with ugly implications for some big companies on the London Stock Exchange unless they adapt in time.

The long-term price of crude will fall to $US25 a barrel. Most forms of shale and deep-water drilling will no longer be viable. Assets will be stranded. Scotland will forfeit any North Sea bonanza. Russia, Saudi Arabia, Nigeria, and Venezuela will be in trouble.

It is an existential threat to Ford, General Motors, and the German car industry. They will face a choice between manufacturing EVs in a brutal low-profit market, or reinventing themselves a self-drive service companies, variants of Uber and Lyft.

They are in the wrong business. The next generation of cars will be "computers on wheels". Google, Apple, and Foxconn have the disruptive edge, and are going in for the kill. Silicon Valley is where the auto action is, not Detroit, Wolfsburg, or Toyota City.

The shift, according to Mr Seba, is driven by technology, not climate policies. Market forces are bringing it about with a speed and ferocity that governments could never hope to achieve.

"We are on the cusp of one of the fastest, deepest, most consequential disruptions of transportation in history," Mr Seba said. "Internal combustion engine vehicles will enter a vicious cycle of increasing costs."

The "tipping point" will arrive over the next two to three years as EV battery ranges surpass 200 miles and electric car prices in the US drop to $US30,000 ($40,600). By 2022, the low-end models will be down to $US20,000. After that, the avalanche will sweep all before it.

"What the cost curve says is that by 2025 all new vehicles will be electric, all new buses, all new cars, all new tractors, all new vans, anything that moves on wheels will be electric, globally," Mr Seba said.

"Global oil demand will peak at 100 million barrels per day by 2020, dropping to 70 million by 2030." There will be oil demand for use in the chemical industries, and for aviation, though Nasa and Boeing are working on hybrid-electric aircraft for short-haul passenger flights.

Mr Seba said the residual stock of fossil-based vehicles will take time to clear, but 95 per cent of the miles driven by 2030 in the US will be in autonomous EVs for reasons of costs, convenience, and efficiency. Oil use for road transport will crash from 8 million barrels a day to 1 million.

Insurance costs to fall by 90 per cent

The cost per mile for EVs will be 6.8 cents, rendering petrol cars obsolete. Insurance costs will fall by 90 per cent. The average American household will save $US5600 per year by making the switch. The US government will lose $50 billion a year in fuel taxes. Britain's exchequer will be hit at the same rate.

"Our research and modelling indicate that the $10 trillion annual revenues in the existing vehicle and oil supply chains will shrink dramatically," Mr Seba said.

"Certain high-cost countries, companies, and fields will see their oil production entirely wiped out. Exxon-Mobil, Shell and BP could see 40 per cent to 50 per cent of their assets become stranded," the report said.

These are all large claims, though familiar those on the cutting edge of energy technology. While the professor's timing may be off by a few years, there is little doubt about the general direction.

India is drawing up plans to phase out all petrol and diesel cars by 2032, leap-frogging China in an electrification race across Asia. The brains trust of Prime Minister Narendra Modi has called for a mix of subsidies, car-pooling, and caps on fossil-based cars. The goal is to cut pollution and break reliance on imported oil, but markets will pick up the baton quickly once the process starts.

China is moving in parallel, pushing for 7 million electric vehicles by 2025, enforced by a minimum quota for "new energy" vehicles that shifts the burden for the switch onto manufacturers. "The trend is irreversible," said Wang Chuanfu, head of the Chinese electric car producer BYD, backed by Warren Buffett's Berkshire Hathaway.

At the same time, global shipping rules are clamping down on dirty high-sulphur oil used in the cargo trade, a move that may lead to widespread use of liquefied natural gas for ship fuel.

This is all happening much faster than Saudi Arabia and Opec had assumed. The cartel's World Oil Outlook last year dismissed electric vehicles as a fringe curiosity that would make little difference to ever-rising global demand for oil.

It predicted a jump in crude consumption by a further 16.4 million barrels a day to 109 million by 2040, with India increasingly taking over from China as growing market. The cartel said fossils will still make up 77 per cent of global energy use, much like today. It implicitly treated the Paris agreement on climate targets as empty rhetoric.

Whether Opec believes its own claims is doubtful. Saudi Arabia's actions suggest otherwise. The kingdom is hedging its bets by selling off chunks of the state oil giant Saudi Aramco to fund diversification away from oil.

Opec, Russia, and the oil-exporting states are now caught in a squeeze and will probably be forced to extend output caps into 2018 to stop prices falling. Shale fracking in the US is now so efficient, and rebounding so fast, that it may cap oil prices in a range of $US45 to $US55 until the end of the decade. By then the historic window will be closing.

Experts will argue over Mr Seba's claims. His broad point is that multiple technological trends are combining in a perfect storm. The simplicity of the EV model is breath-taking. The Tesla S has 18 moving parts, one hundred times fewer than a combustion engine car. "Maintenance is essentially zero. That is why Tesla is offering infinite-mile warranties. You can drive it to the moon and back and they will still warranty it," Mr Seba said.

Self-drive "vehicles on demand" will be running at much higher levels of daily use than today's cars and will last for 500,000 to 1 million miles each.

It has long been known that EVs are four times more efficient than petrol or diesel cars, which lose 80 per cent of their power in heat. What changes the equation is the advent of EV models with the acceleration and performance of a Lamborghini costing five or 10 times less to buy, and at least 10 times less to run.

"The electric drive-train is so much more powerful. The gasoline and diesel cars cannot possibly compete," Mr Seba said. The parallel is what happened to film cameras - and to Kodak - once digital rivals hit the market. It was swift and brutal. "You can't compete with zero marginal costs," he said.

The effect is not confined to cars. Trucks will switch in tandem. Over 70 per cent of US haulage routes are already within battery range, and batteries are getting better each year.

EVs will increase US electricity demand by 18 per cent, but that does not imply the need for more capacity. They will draw power at times of peak supply and release it during peak demand. They are themselves a storage reservoir, helping to smooth the effects of intermittent solar and wind, and to absorb excess base-load from power plants.

Mark Carney, the Governor of the Bank England and chairman of Basel's Financial Stability Board, has repeatedly warned that fossil energy companies are booking assets that can never be burnt under the Paris agreement.

He pointed out last year that it took only a small shift in global demand for coal to bankrupt three of the four largest coal-mining companies in short order. Other seemingly entrenched sectors could be just as vulnerable. He warned of a "Minsky moment", if we do not prepare in time, where the energy revolution moves so fast that it precipitates a global financial crisis.

The crunch may be coming even sooner than he thought. The Basel Board may have to add the car industry to the mix. There will be losers. Whole countries will spin into crisis. The world's geopolitical order will be reshaped almost overnight. But humanity as a whole should enjoy an enormous welfare gain."


N.37 LET BUKIT LANJAN SOAR WITH SYED ABDUL RAZAK ALSAGOFF

Friday, 26 May 2017

BUKIT LANJAN: Yes, end bailouts for Proton


BUKIT LANJAN: Yes, end bailouts for Proton

Proton was founded in 1983 as Malaysia’s maiden national car company in 1983 under the Dr Mahathir Mohamed federal government era.


Its monopoly as a local car manufacturer was challenged when Perodua was established in 1993.

Proton’s automobile market share then started to slide until today for many reasons, foremost of which are its inability to innovate its technology and to improve product quality.

“Today, consumer confidence in Proton cars is at its lowest ever, if not rock bottom,” Gerakan Deputy Speaker Syed Abdul Razak Alsagoff said.

After 34 years, and that’s a very, very long time, Syed Razak said the federal government “is selling off Proton”.

“Malaysians just don’t have the business acumen and innovative technology to succeed in an extremely competitive global automobile industry.

“For some reason or other, Malaysians don’t seem to be able to compete in the car industry,” he added.

Syed Razak said Malaysians should welcome the sale of Proton to Chinese automaker Geely with open arms “to save Proton and as many jobs as possible”.

“And, whatever Dr Mahathir wants to say or argue, he must admit that Proton is his failure. After decades of bailouts, it is time to stop bleeding the federal government’s coffer,” he added.


Syed Razak, who is Gerakan’s nominee to contest N.37 Bukit Lanjan in the coming 14th General Election (GE14), said unlike Proton, “Perodua has remained relatively strong and competitive in the car industry”.

“Comparing the managements of Proton and Perodua, the latter seems to have a far more competent outfit. Perodua has significant Japanese interest, with Daihatsu (a wholly owned subsidiary of Toyota Group) in the management board.

“This could be one of the many reasons why Perodua is still growing stronger by the day and Proton is on a free fall in the car industry,” he added.

Syed Razak said Proton’s failure was solely due to Dr Mahathir’s “visionary pride and ego”, going into an extremely competitive global industry “unprepared or ill-prepared”.

“You only venture into such an industry when you are ready with the innovative workforce and management. Pride and ego will get you nowhere,” he added.

Syed Razak said it was, therefore, a wise decision by the current federal government to “give up on Proton”.

“Like what they say in the stock market, cut the losses while you can,” he added.

This was what The Star Online posted on the sale of Proton to China’s Geely:

Earlier headlines on sale of Proton.
"Business News

Home > Business > Business News

Wednesday, 24 May 2017 | MYT 7:02 AM

Chinese carmaker Geely to acquire Proton



PARIS/BEIJING: Chinese automaker Geely has agreed to buy struggling Malaysian manufacturer Proton from DRB-Hicom, sources said on Tuesday, beating out rival bidder PSA Group.

Zhejiang Geely Holding Group, which controls Hong Kong-based Geely Automobile and Sweden's Volvo Car Group, will acquire 49 percent of Proton, the sources said. Proton also controls British sports car maker Lotus.

Spokespeople for DRB-Hicom could not immediately be reached for comment after office hours in Kuala Lumpur. The group earlier asked for trading in its shares to be suspended pending an announcement.

Proton, founded in 1983 by former Malaysian premier Tun Dr Mahathir Mohamad, received 1.5 billion ringgit ($338.2 million) in government aid last year on condition that it pursue a turnaround plan and seek a foreign partner.

Other potential bidders have included PSA, the Paris-based maker of Peugeot and Citroen cars, its domestic rival Renault and Japan's Suzuki Motor Corp.

PSA, whose Chief Executive Carlos Tavares had said Proton would be a good fit, did not immediately return calls and messages seeking comment.

Proton re-badges cars from foreign manufacturers to sell in the local market, but its quality has declined in recent years. The company has two Malaysian plants with an annual capacity of 400,000 cars, currently running far below maximum output.

An earlier attempt in 2007 to woo new partners for Proton foundered on the Malaysian government's refusal to allow foreign bidders to acquire control.

Geely's investment would help Proton grow its sales overseas and recover some of the global presence it has lost in recent years, people familiar with the bidding process told Reuters in February.

By offering some of its own technology, Geely hopes to lift Proton's sales in right hand-drive markets including Malaysia, the United Kingdom, India and Australia, they said.
The success of midsize Geely models such as the GC9 sedan and Boyue SUV helped to grow the brand's China sales by 50 percent last year to 765,851 vehicles. - Reuters"


N.37 LET BUKIT LANJAN SOAR WITH SYED ABDUL RAZAK ALSAGOFF

Thursday, 25 May 2017

BUKIT LANJAN: Crime prevention and education programmes in Malaysia now need to cover cyber crime


BUKIT LANJAN: Crime prevention and education programmes in Malaysia now need to cover cyber crime

Fraud cases in cyberspace ballooned by 20% in Malaysia last year compared with 2015.


Besides fraud, the top cyber crime were intrusion, spam and malicious code.

“It looks like Malaysians are using their cyber innovative minds for all the wrong reasons,” Gerakan Deputy Speaker Syed Abdul Razak Alsagoff said.

He said the rising cyber crime rate means the traditional and conservative crime prevention and education programmes and campaigns need a total overhaul.

“Both state and federal governments must now take proactive measures to gather various professionals to brainstorm and come up with new strategies in anti-crime and education efforts that cover cyberspace,” he added.


Syed Razak, who is Gerakan’s nominee to contest N.37 Bukit Lanjan in the coming 14th General Elecion (GE14), said the previous community crime prevention and education programmes and efforts “are obviously no more effective and outdated”.

He said the importance of the 21st Century digital era to a country’s socio-economic and political development “is obvious and cannot be denied”.

“Competency is irrelevant if the innovative minds of the rakyat (people) are focused on crime. Therefore, both state and federal governments, especially the Education and Home Ministries, have to start including the cyber space factor in their public education programmes.

“Failing to do so will affect investors’ interest in Malaysia. Who will want to invest in a country that has a high cyber crime rate?,” Syed Razak asked.

Here’s what The Star Online posted:
"Business News

Home > Business > Business News

Saturday, 20 May 2017 | MYT 8:47 AM

Cybercrime surge in Malaysia


BY ZUNAIRA SAIEED


PETALING JAYA: Cybercrime is growing in Malaysia, as statistics from CyberSecurity Malaysia show.

For example, fraud cases detected in cyberspace jumped 20% last year compared to 2015. Besides fraud, the top cyber crime were intrusion, spam and malicious code.

Data from Cybercrime Malaysia, an agency under the Science, Technology and Innovations Ministry, also show a total of 2,428 cybercrime incidences reported between January and April this year.

CyberSecurity Malaysia chief executive officer CEO Datuk Dr Amirudin Abdul Wahab pointed out that countering cyber crime will be increasingly challenging due to the exponential growth of connected devices.

According to market research company Gartner, there could be 20.4 billion Internet of Things (IoT) connected devices between now and 2020.

“When it comes down to adoption of IoT, we sleepwalk in the reality that somebody has secured it for us. With the connection of internet comes due diligence to use technology responsibly,” KPMG Malaysia head of cybersecurity Dani Michaux said.

The risks have been amplified by the interconnectivity of devices through IoT, say experts, who believe that the adoption of cyber security measures was slower than the advancement of technology.

The recent Wannacry malware attack is one example of a cybercrime that has hit 300,000 devices in 150 countries.

“The size of the organisation will reflect the amount of connectivity. The bigger the organisation, the more likely the company will be exposed to cyber attacks,” iboss Network Security senior vice president Simon Eappariello said."



N.37 LET BUKIT LANJAN SOAR WITH SYED ABDUL RAZAK ALSAGOFF

Wednesday, 24 May 2017

BUKIT LANJAN: It’s now unsafe to eat out, too many fake foods being exposed globally


BUKIT LANJAN: It’s now unsafe to eat out, too many fake foods being exposed globally

https://youtu.be/4wdsyH1cnjA (VIDEO: Buns with fake stuffing)

https://youtu.be/3zolK56sBMU (VIDEO: Fake plain buns/cup cakes)

Fake foods have been exposed globally, especially in China, recently.

Suffice to say, it is now absolutely very risky to eat out as you may unknowingly be consuming fake food and thus jeopardise your or your children’s health. (View the above two attached video clips)

Even the simple plain bun/cup cake or bun with stuffing can be served or sold as fakes.

“In this modern world of science and technology, the unscrupulous businessmen or entrepreneurs can now resort to making or manufacturing fake foods to reap insane profits,” Gerakan Deputy Speaker Syed Abdul Razak Alsagoff said.

He said the federal government, as a caring and responsible government, must take the lead and act even before such fake foods hit the domestic market, if it had not yet.

“They say prevention is better than cure. Taking precaution is also better than to be very, very sorry later,” he added.

Syed Razak a.k.a Pek Moh (White Haired) urged the federal government to urgently enact punitive laws to punish potential “evil” eateries and operators who resort to selling fake foods to reap “insane profits”.

“Such evil people must not be given a second chance. They must be jailed and then blacklisted for life in the food and beverage industry,” he added.


Fake beef
Syed Razak, who is Gerakan’s nominee to contest N.37 Bukit Lanjan in the coming 14th General Election (GE14), said such “evil people” should be given heavy punishments because “they inflict harm to human health and lives, especially children”.

He said Members of Parliament (MPs) must unite to push for harsher laws to punish potential fake food sellers or operators.


“Do it fast before such fake foods hit the domestic market and consumers,” he said, adding that MPs should treat this issue seriously and with urgency.

N.37 LET BUKIT LANJAN SOAR WITH SYED ABDUL RAZAK ALSAGOFF

Tuesday, 23 May 2017

BUKIT LANJAN: Invest in property, you can’t go wrong



BUKIT LANJAN: Invest in property, you can’t go wrong

Have you read The Star Online report titled “World's costliest plot of land sold in Hong Kong for RM13bil”?

It was a multi-storey car park that was sold by the Hong Kong government for RM27,776 per sq ft!

“Ridiculous price isn’t it? But that’s reality,” Gerakan Deputy Speaker Syed Abdul Razak Alsagoff said.

He said in areas and states where land was scarce, “it is only natural that property prices will shoot up like nobody’s business”.

“The same will happen, over time, in Penang, the Klang Valley and Johor. So, stop complaining and whining because that is the reality in a Laissez-faire world of supply and demand,” he added.

Syed Razak said the rakyat (people) should hold on to their “precious properties” for long-term financial gains, at least for their children or generations.

“Don’t start getting greedy and get cheated by all sorts of money games and multi-level financial or business schemes. If you have spare cash, spend it all on a property, and be patient,” he added.


Syed Razak, who is Gerakan’s nominee to contest N.37 Bukit Lanjan in the coming 14th General Election (GE14), said “you cannot go wrong on property investment if the location is hot”.

“Even if the location is not that hot, it will be over time,” he added.


Here’s what The Star Online posted:

"Regional

Home > News > Regional

Tuesday, 16 May 2017 | MYT 11:03 PM

World's costliest plot of land sold in Hong Kong for RM13bil


The Murray Road Car Park located in Admiralty. - SCMP

HONG KONG: Henderson Land Development, the property company owned by one of Hong Kong's wealthiest families, has bought the world's most expensive commercial land plot in downtown Central, beating out the mainland Chinese developers who had been dominating the city's real estate purchases in the past year.

Henderson Land will pay a record HK$23.28 billion (RM12.91bil) for the government's Murray Road commercial plot in Central, beating out eight rival bids, according to the Lands Department's data.

The plot, which can be developed into a commercial building with 465,005 sq ft of total gross floor area, translates to HK$50,064 (RM27,776) per sq ft, way above market expectations and professional valuations of between HK$15.7bil (RM8.71bil) and HK$22bil (RM12.21bil).

"Today's tender result sets a new benchmark for the local property market," said Denis Ma, head of research at JLL. "It will be interesting to see how this affects pricing in the property and stock markets."

The successful bid was Henderson's first in almost two years, as it and other Hong Kong developers had been priced out by aggressive mainland Chinese companies like HNA, which spent HK$27.2bil (RM15.09bil) over four months to snatch four parcels of land at the former Kai Tak airport.

A venture of mainland Chinese developers KWG Property Holding and Longfor Properties paid HK$7.23bil (RM4.01bil) on Tuesday for the latest Kai Tak plot to go on sale, 15% more than analysts' valuation.

For Murray Road, mainland Chinese bidders were mostly absent, snared by tightened remittance regulations to stem capital flight.

Henderson plans to develop the site, currently occupied by a five-storey public car park, into "a landmark building" scheduled for completion in 2022, according to a statement by the developer's vice- chairman Martin Lee Ka-shing, the youngest son of Hong Kong's second-wealthiest man Lee Shau-kee.

Total investment cost of the project may exceed HK$26bil (RM14.42bil) inclusive of the land cost. Henderson's shares closed 0.5% higher at HK$50.20 (RM27.85) before the tender result was announced.

"The building will likely attract strong occupier demand both from mainland Chinese firms and multinational corporations," said CBRE's head of research Macros Chan.

The record price came even after the Hong Kong Monetary Authority on May 12 ordered banks to cut their loans to developers to 40% of a site's value, from the previous 50%.

Expectations over the Murray Road plot had already spilled over to surrounding commercial properties, boosting capital values by as much as 11% ever since the government put the site – the first commercial lot in Central to go on sale in two decades – up for tender, said Ma.

A grade-A office unit at 9 Queen's Road in Central sold in April for HK$145.82mil (RM80.9mil), or a record HK$39,800 (RM22,084) per sq ft in transacted office price.

Bids for Murray Road were received from Sun Hung Kai Properties, Nan Fung Development, Cheung Kong Property (Holdings), Wheelock & Company, Chinese Estates Holdings and Hang Lung Properties.

Among mainland developers, bids were received from Shimao Property Holdings of tycoon Hui Wing Mau , as well as Chongqing-based CC Land Holdings. Both the firms are listed on the Hong Kong stock exchange. – South China Morning Post"





N.37 LET BUKIT LANJAN SOAR WITH SYED ABDUL RAZAK ALSAGOFF