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Monthly Archives: December 2019

Dr Mahathir hopes 2020 brings greater prosperity to Malaysians

KUALA LUMPUR, Tun Dr Mahathir Mohamad hopes that the year 2020 will bring greater happiness and prosperity to all in the country, leaving behind 2019 with a host of bitter and sweet memories.

The prime minister said although there were concerns that something unexpected and potentially devastating could occur, Malaysians must be confident that the efforts in 2019 would be able to bear fruit next year.

The Government recognises that throughout 2019, there were several issues which caused dissatisfaction among the people, and we will acknowledge and respond to these voices, and efforts to develop the country will continue and remain one of the responsibilities borne by the government of the day, he said in his speech at the launch of Ambang 2020 @ Kuala Lumpur celebration and the launch of the Visit Malaysia 2020 (VM2020) at Dataran Merdeka, tonight.

Dr Mahathir said the year 2020 was a significant milestone for him, as he himself had launched Vision 2020 almost three decades ago, with the aim of the country becoming a developed nation.

However, due to several approaches taken by the fifth and sixth heads of government (prime ministers), the vision was not achieved this year, and we need to extend it another 10 years, he said.

Dr Mahathir said the country’s new blueprint, namely Shared Prosperity Vision 2030 (SPV2030) would help the country achieve what it hoped for 2020, by the year 2030.

However, he said the vision could only be achieved if efforts start immediately, and if the people welcomed and put into practice the initiatives introduced by the government.

Speaking in front of about 80,000 people, Dr Mahathir said that New Year’s resolutions do not have to be anything hard or complicated.

It is enough that we are determined to work harder to ensure our own success, as the success of each and everyone will contribute to the nation’s success.

At the same time, the success of the country will continue to benefit each one of us, he said.

Source: NAM NEWS NETWORK

Govt to push with efforts for a better Malaysia – DPM

KUALA LUMPUR, Deputy Prime Minister Datuk Seri Dr Wan Azizah Wan Ismail today said the year, 2020 will see more measures implemented by the government to be enjoyed by all Malaysians and the efforts will continue for the betterment of the people.

Dr Wan Azizah, in her New Year message, said the government also promised to continue working towards a better Malaysia.

She also acknowledged that 2019 has been a challenging year for the Pakatan Harapan (PH) government with many of its members were learning the ropes of administration.

All of us are still learning and for 2020 let us focus on the positives, she said.

In 2020, childless couples can withdraw from their Employees Provident Fund (EPF) account of up to RM10,000 for in-vitro fertility (IVF) treatment and by next year, good husbands will be able to show how much their spouses mean to them by contributing two per cent of their EPF contributions to a separate account for their wives.

She said in addition, 2020 would also see the government to introduce a national cyber security strategy for the protection of the people, and allocated RM10 million for the development of female athletes.

She also said that women, aged 30 to 50, who had been unemployed for a year or more, and returned to work would be paid a RM500 wage incentive a month for two years, while employers would also also be given a hiring incentive of RM300 per month for the same period.

These are just some of the measures Malaysians can look forward to in 2020 besides, we also promise to continue our fight against graft, she said.

Meanwhile, Parti Amanah Negara (Amanah) president and Defence Minister Mohamad Sabu called on Malaysians to maintain the country’s harmony and peace and not allow it to be harmed by certain narrow-minded parties using racial and religious issues for their political gain.

By right, the only competition among Malaysians of various races and religions should be about doing good and lifting people’s lives to a better level, he said.

He also advised Amanah members to continue to use integrity as a guide in all matters and to make 2020 as a year to continue to work hard to ensure the well-being of all Malaysians.

We welcome all the constructive criticisms so that the government can rectify the weaknesses I also would like to wish everyone a Happy New Year, he said.

Source: NAM NEWS NETWORK

GEERT WILDERS ON THE CONTEST FOR CARICATURE OF THE HOLY PROPHET MUHAMMAD

Malaysia is deeply concerned over the latest announcement by Geert Wilders, a Dutch Parliamentarian and Head of the Party of Freedom (PVV), to reinitiate yet again a caricature competition depicting the Holy Prophet Muhammad (Peace Be Upon Him) despite the strong rejections and condemnations to his similar move earlier.

Malaysia upholds the freedom of speech and expression as fundamental human rights. However, to denigrate and tarnish Islam’s most sacred Holy Prophet is beyond the scope of such rights. It is an act of provocation against Islam and its more than one billion followers around the world. It is certainly disgraceful and totally unacceptable.

The move is ill-intended and malicious, will only sow disharmony and hatred and it therefore deserves the strongest condemnation. Malaysia therefore calls on all peace loving individuals and organisations to reject this move.

As a multi-ethnic and multi-religious country, Malaysia continues to promote and maintain harmonious relations and peaceful co-existence not only among our people of different faiths and convictions, but also in the context of the diverse global community.

Source: Ministry of Foreign Affairs, Malaysia

Detailed Disclosure of International Reserves as at end-November 2019

In accordance with the IMF SDDS format, the detailed breakdown of international reserves provides forward-looking information on the size, composition and usability of reserves and other foreign currency assets, and the expected and potential future inflows and outflows of foreign exchange of the Federal Government and Bank Negara Malaysia over the next 12-month period.

The detailed breakdown of international reserves based on the SDDS format is shown in Tables I, II, III and IV. As shown in Table I, official reserve assets amounted to USD103,172.2 million, while other foreign currency assets amounted to USD61.8 million as at end-November 2019. As shown in Table II, for the next 12 months, the pre-determined short-term outflows of foreign currency loans, securities and deposits, which include among others, scheduled repayment of external borrowings by the Government and repayment arising from the maturity of foreign currency Bank Negara Interbank Bills, amount to USD4,981.4 million. The short forward positions amounted to USD13,273.3 million as at end-November 2019, reflecting the management of ringgit liquidity in the money market. In line with the practice adopted since April 2006, the data excludes projected foreign currency inflows arising from interest income and the drawdown of project loans amounting to USD2,572.0 million in the next 12 months.As shown in Table III, the only contingent short-term net drain on foreign currency assets are Government guarantees of foreign currency debt due within one year, amounting to USD336.6 million. There are no foreign currency loans with embedded options, no undrawn, unconditional credit lines provided by or to other central banks, international organisations, banks and other financial institutions. Bank Negara Malaysia also does not engage in foreign currency options vis-A�-vis ringgit.

Overall, the detailed breakdown of international reserves under the IMF SDDS format indicates that as at end-November 2019, Malaysia’s reserves remain usable.

Source: Bank Negara Malaysia

Detailed Disclosure of International Reserves as at end-November 2019

In accordance with the IMF SDDS format, the detailed breakdown of international reserves provides forward-looking information on the size, composition and usability of reserves and other foreign currency assets, and the expected and potential future inflows and outflows of foreign exchange of the Federal Government and Bank Negara Malaysia over the next 12-month period.

The detailed breakdown of international reserves based on the SDDS format is shown in Tables I, II, III and IV. As shown in Table I, official reserve assets amounted to USD103,172.2 million, while other foreign currency assets amounted to USD61.8 million as at end-November 2019. As shown in Table II, for the next 12 months, the pre-determined short-term outflows of foreign currency loans, securities and deposits, which include among others, scheduled repayment of external borrowings by the Government and repayment arising from the maturity of foreign currency Bank Negara Interbank Bills, amount to USD4,981.4 million. The short forward positions amounted to USD13,273.3 million as at end-November 2019, reflecting the management of ringgit liquidity in the money market. In line with the practice adopted since April 2006, the data excludes projected foreign currency inflows arising from interest income and the drawdown of project loans amounting to USD2,572.0 million in the next 12 months.As shown in Table III, the only contingent short-term net drain on foreign currency assets are Government guarantees of foreign currency debt due within one year, amounting to USD336.6 million. There are no foreign currency loans with embedded options, no undrawn, unconditional credit lines provided by or to other central banks, international organisations, banks and other financial institutions. Bank Negara Malaysia also does not engage in foreign currency options vis-A�-vis ringgit.

Overall, the detailed breakdown of international reserves under the IMF SDDS format indicates that as at end-November 2019, Malaysia’s reserves remain usable.

Source: Bank Negara Malaysia

URGENT ATTENTION: PTSD Causes Officers to Take Their Own Lives at an Alarming Rate During the Holiday Season & Beyond

End PTSD In BLUE

Help End PTSD

NEW YORK, Dec. 30, 2019 (GLOBE NEWSWIRE) — EndPTSD ‘s TTMPT.Org, A Registered 501(c)3 Non-Profit, is Launching their #GivingHolidays Fundraiser and Heightened Awareness Campaign for Police Officers Across The US Suffering From Post Traumatic Stress Disorder (PTSD). The Holidays present a unique set of problems for cops who suffer from PTSD. While most people feel Joyful around the Holiday Season, Those With PTSD May Suffer From A Lack Of Joy. This Puts Additional Stress On Their Lives When Dealing With Work and Their Home-life. The Result Can Be Devastating and Possibly Lead To Overreactions at Work & Home, Along With Alcohol & Drug Abuse and Self-Harm.

  • Police on duty experience different degrees of trauma that lead to PTSD.
  • This year alone, 212 officers in the US have committed suicide.
  • There are approximately 1 million police officers throughout the US and close to 240,000 of them have PTSD.
  • Roughly 330,000 have partial symptoms that do eventually lead to PTSD if not properly addressed.

PTSD is the result of one extreme traumatic situation or exposure to many stressful incidents over time. These pressures in some officers often lead to physical and mental health problems such as overwhelming anxiety, depression, phobias, high blood pressure, heart disease, sleep disorders, and destructive behavior such as domestic violence, alcoholism, eating disorders, prescription drug abuse, unintentional overreactions on the job with peers and the public, and, tragically, taking their own lives.

With End PTSD’s TTMPT (Talk To Me Post Tour) peer facilitator program, officers can anonymously communicate with trained, active and retired law enforcement volunteers to get the help they need to process, share, talk through what they’ve experienced and de-stress without fear of losing their status at work or job. If need be, those who are in crisis could be referred to professional therapists for further treatment.

We are asking for those who benefit from the hard work and protection that our police provide to please donate to the End PTSD’s TTMPT.org program so our police officers across the US get the help they need — to remain healthy while protecting our great nation during this holiday season and beyond.

PROTECT AND SERVE THOSE WHO PROTECT AND SERVE.

About End PTSD’s TTMPT.org

Developed “By Police, For Police, With Police,” End PTSD’s Post Tour Processing is an independent not-for-profit group of committed and concerned retired police officers and police professionals, formed to address a gap in the services available for law enforcement. It was the Executive Board of TTMPT who identified and developed the anonymous preventive program to make available a viable solution for police officers who would not otherwise have a place to support each other during a time of overwhelming stress.

  • TTMPT Board Of Directors:

Robyn Cannariato

Chris Hetherington

Dennis J. McCreight

Philip Schoppmann

Timothy Whitcomb

Charles L’Hommedieu Jr.

James H. Banish

Jerry Leary

David Grand

For more info please go to: TTMPT.org

For more info please go to: https://ttmpt.com
To Donate go to: https://ttmpt.org
Facebook Donations: https://www.facebook.com/donate/830535457386599/

Contact:

Robyn Cannariato
(516) 480-3579

Location:
John Shields Detective Agency
310 Fifth Avenue / 6th Fl.
New York New York
10001

Attn: TTMPT.org

Gamuda shares slip on highway takeover news

KUALA LUMPUR, Gamuda Bhd saw its share price slip at mid-afternoon today after news that the Cabinet would finalise its decision on the takeover of four highway concessions majority-owned by the company next week.

The four highways are Shah Alam Expressway (Kesas), Damansara-Puchong Expressway (LDP), and Western KL Traffic Dispersal Scheme (Sprint) and the SMART Tunnel.

At 4pm, Gamuda share price shed one sen, or 0.26 per cent, to RM3.87 from RM3.88 last Friday, after opening two sen higher at RM3.90 this morning.

Finance Minister Lim Guan Eng was quoted as saying today that the Cabinet would finalise its decision over the proposed takeover of PLUS Malaysia Bhd and four other highway concessions owned by Gamuda next week.

According to reports, the minister said the decision must be made fast to avoid increasing the compensation sum to be paid to the toll operators by freezing toll rates.

The Cabinet decision on PLUS will be made by next week. Since we have already frozen toll hikes this year, we will need to come up with compensation. We need to decide quickly; otherwise, the compensation will keep on mounting,” the Malay Mail news portal quoted Lim as saying at an event in Putrajaya today.

Source: BERNAMA News Agency