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Sarawak’s Own Oil And Gas Firm Petros Officially Formed

KUCHING: Chief Minister Datuk Amar Abang Johari Tun Openg officially announced the formation of Sarawak’s wholly-owned oil and gas company Petros at an appreciation dinner organised by his office on Sunday night.

Tonight (Sunday night), I want to tell you that we have officially formed our oil company, Petros, the Chief Minister said to the applause of the crowd comprising ministers, assistant ministers and staff members of his ministries and office at a leading hotel here.

He said all the board members of the company had been appointed, revealing that they were drawn from among Sarawakian professionals with wide experience in the oil and gas industry and that none were politicians. The Chief Minister, however, did not reveal the names of the board members, the chairman, or the chief executive officer (CEO) of the company.

The formation of Petros is an unprecedented step taken by the state government to enable Sarawak to actively participate in the extraction of oil and gas in Sarawak while still pursuing its request for a 20 per cent royalty from Petronas (National Petroleum Corporation).

On the newly-formed Development Bank of Sarawak (DBOS), Abang Johari said the CEO has been appointed and that the bank would start its operation soon. However, he did not reveal the identity of the CEO.

He pointed out that like Petros, all the board members of DBOS under the chairmanship of Tan Sri Datuk Amar Mohamad Morshidi Abdul Ghani, who is the State Secretary, were professionals and non-politicians.

According to the Companies Commission of Malaysia (CCM), the Development Bank of Sarawak Bhd (DBOS) was officially incorporated on May 11, 2017 with Sharkawi Alis, Tan Sri Datuk Amar Mohamad Morshidi Abdul Ghani, Datu Laura Lee Ngien Hiong, Christopher Adrian and Voon Jan Moi (secretary) as its appointed directors. Its total paid-up capital is RM2 and is solely held by the Capital Development Resources (Sarawak) Sdn Bhd (Capital Development Resources).

Meanwhile, Capital Development Resources was incorporated on March 24, 2017, and its appointed directors are Datu Junaidi Reduan, Dr Muhammad Abdullah Zaidel, Voon Jan Moi (secretary) and Rafidah Nawawi @ Narawie. Its total issue and paid-up capital of RM1 is being held by the state government under the State Financial Secretary.

The Chief Minister also told the audience that steps were being taken to strengthen the state’s human capacity by giving Sarawakians opportunities to pursue postgraduate studies locally and overseas.

He said Sarawak Foundation, of which he is the chairman, would increase scholarships and loans to Sarawak students who are eligible to be admitted to local as well as foreign universities for postgraduate studies.

And I have requested Sarawak Foundation to give all postgraduate scholarships, particularly PhDs, because giving our children opportunities to study to PhD level will give birth to new researches and researches are important in order to add value to our resources, he pointed out.

He reiterated that a state research council under the chairmanship of the Minister of Education, Science and Technological Research would be set up to oversee all future research efforts and how they could benefit the state.

He said for a start, he had personally instructed that a research be carried out in collaboration with Swinburne University on prototyping an oil palm fruit harvesting machine that would be equipped with a sensor to automatically determine the ripeness of fruit.

He added that he had also instructed that a research be conducted on the search for protein materials among the state’s rich biodiversity resources that could replace human DNA protein in a joint effort with research being carried by Swinburne University main campus in Australia.

He expressed confidence that the identification of such a protein and its extraction would bear great significance on the continuing search for the treatment of cancer.

He thanked all the ministries for their support in the pursuit of new policies, approaches and technologies to transform Sarawak into a digital economy.

He encouraged other ministries to hold similar gatherings to honour their staff and appreciate their support towards the government’s effort to leapfrog the economy from conventional economy to one that is based on digital technology.

The reception coincided with Abang Johari’s 67th birthday which fell on Aug 4.

Apart from Morshidi, others present included Abang Johari’s wife Datin Amar Dato Juma’ani Tuanku Bujang; Deputy Chief Minister Datuk Amar Awang Tengah Ali Hasan; Minister of Utilities Datuk Dr Stephen Rundi Utom; Minister of Education, Science and Technological Research Dato Sri Michael Manyin Jawong; Minister of Local Government and Housing Datuk Dr Sim Kui Hian; Minister of Integrity and Ombudsman Datuk Talip Zulpilip; Minister of Tourism, Arts, Culture Youth and Sports Datuk Abdul Karim Rahman Hamzah and assistant ministers.

Source: The Borneo Post

IIBA and Agile Alliance Release Version 2 of The Agile Extension to the BABOK Guide

Version 2 of the Agile Extension is the leading guide for effective agile business analysis approach across all levels of an organization

Toronto, ON, Aug. 07, 2017 (GLOBE NEWSWIRE) — The International Institute of Business Analysis™ (IIBA®), in partnership with Agile Alliance, released Version 2 of the Agile Extension to the BABOK® Guide at AGILE2017, the largest international gathering of Agilists. Version 2 of the Agile Extension contains extensive revisions including new and updated techniques designed for agile practitioners to maximize customer and business value across all levels of an organization.

Version 2 provides a framework for agile business analysis that accelerates learning and helps determine what is really needed to deliver actual customer value. Agile techniques help practitioners maximize business value, rapidly learn, adapt and respond to change, and reduce waste. The Agile Extension fosters an understanding of how to use learning derived from stakeholder feedback to continually improve the delivery process and produce value constantly, in turn increasing the delivery of business value.

Introducing a multi-level rolling planning model, Version 2 helps practitioners, teams, and organizations incorporate customer feedback to make changes and deliver value fast. Version 2 features a description of the agile mindset that enables practitioners to adapt quickly as customer needs change, ensuring that value is always added.

“In fast paced and complex environments, an agile mindset is a competitive advantage,” said Kent McDonald, Founder, KBP Media and core team member for the Agile Extension. “An agile mindset helps teams effectively deliver the right things by focusing on small increments at a time and incorporating actionable feedback, rather than performing the majority of the analysis up front.”

Version 2 has evolved beyond software development and demonstrates how an agile mindset can be applied to all domains and how any BABOK® Guide task can be performed in an agile context. In addition, the concept of three planning Horizons – Strategy, Initiative and Delivery, helps practitioners understand three different views of change within an organization.

“Whether you’re a business analysis practitioner, team lead, or organizational leader, learning to leverage an agile mindset will deliver the most efficient and effective results for the business and the customer,” said Shane Hastie, former Director, Agile Alliance and Director of Agile Learning Programs at ICAgile and core team member for the Agile Extension.

“The new extension will bring enormous value to the community. In today’s uncertain, highly competitive world, the Agile Extension Version 2 becomes your foundational resource to help you sense, adapt and respond in ways that allow you to create better business outcomes and deliver greater business value,” said Jas Phul, Director Product/IP Development with IIBA.

The Agile Extension to the BABOK® Guide will be available online for IIBA and Agile Alliance Members in August 2017. It will be released for all audiences in print for $44.99 USD and digital for $24.99, and will be available for enterprise licensing in September 2017. For more information, visit http://www.iiba.org/babok-guide/Agile-Extension-to-the-BABOK-Guide-IIBA.aspx.        

About International Institute of Business Analysis (IIBA)

International Institute of Business Analysis™ (IIBA®) is a professional association dedicated to helping the business analysis community create better business outcomes. Through a global network, IIBA connects more than 29,000 Members and more than 300 Corporate Members and 120 Chapters. As the voice of the business analysis community, IIBA supports the recognition of the profession and discipline and works to maintain the global standard for the practices and certification.

About Agile Alliance

Agile Alliance  is a nonprofit organization dedicated to promoting the concepts of Agile software development as outlined in the Agile Manifesto. With nearly 38,000 members and subscribers around the globe, Agile Alliance is driven by the principles of Agile methodologies and the value delivered to developers, business and end users. Agile Alliance organizes and supports events to bring the Agile community together on a global stage.

Attachments:

A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/360430e5-1683-42af-bd5d-a1b5df8d0d57

Ann Cain
International Institute of Business Analysis 
1 866-789-4422 ext. 146
ann.cain@iiba.org

Pam Hughes
Agile Alliance
1 971-204-8989
pam.hughes@agilealliance.org

Wan Junaidi Pledges Ongoing Assistance To Houses Of Worship

KUCHING: Natural Resources and Environment Minister Dato Sri Wan Junaidi Tuanku Jaafar has pledged to continue assisting the committees of houses of worship � including those for non-Muslims � across the Santubong constituency, where he is the parliamentarian.

According to him, the Malaysian Constitution clearly states that while Islam is the official religion of the federation, other religions can be practised in peace and harmony.

All houses of worship � be they mosques, churches or temples � must be regularly maintained and kept in good condition, since these are the places where the people worship their God and conduct activities slated for moulding the younger generation.

Even in ‘Rukun Negara’ (National Principles), the first tenet is ‘Kepercayaan Kepada Tuhan’ (Belief in God), he said at a fundraising dinner for St Nicholas Chapel Bandar Baru Samariang, at a restaurant here on Saturday.

Wan Junaidi said he had been assisting churches and chapels in the predominantly Iban areas across the Batang Lupar parliamentary constituency, where he once served as the MP.

For St Nicholas Chapel which caters for the Anglican congregation in Bandar Baru Samariang, Wan Junaidi said he would always assist them because he believed that an elected representative should help his or her constituents, irrespective of race, faith and background.

The minister later presented some funds to St Nicholas Chapel, received by its sub-deacon Engachok Siong.

Wan Junaidi also announced that the Public Works Department (JKR) would be instructed to carry out repair works on parts of the building affected by erosion and flooding.

I had told them (the chapel committee) to identify the site first before looking for the funds to build it. After the site was found, I personally met the Prime Minister to tell him about the request for this chapel and other places of worship in my constituency.

The Prime Minister was not hesitant � he released some funds for this purpose. We had to hard work hard to get it, he said.

Wan Junaidi also said in recognition of his regular assistance to the houses of worship in the constituency, one temple in Lundu is now known as ‘Wan Junaidi’s Temple’ among the locals.

Meanwhile, Wan Junaidi also had good words for outgoing Anglican Bishop of Kuching Datuk Bolly Lapok, who would retire next month.

Earlier, Bolly thanked the minister for assisting St Nicholas Chapel, which was in need of funds to make the building more accommodating for the Anglican congregation at Bandar Baru Samariang. He said members of the congregation there were fortunate to have an elected representative like Wan Junaidi, who had been helping churches and other houses of worship despite being a Muslim.

He noted that in some constituencies, the chapels and churches were not receiving enough financial assistance from their elected representatives.

We have a friend (in Wan Junaidi) who is acting out of his own generosity to do what is meaningful to us, said Bolly.

Source: Borneo Post Online

Much opportunities in technological, vocational sector

MUKAH: The technological and vocational sector has a huge job market in the state, says Chief Minister Datuk Amar Abang Johari Tun Openg.

He thus hopes that those looking for jobs equip themselves with technological and vocational knowledge.

According to him, the state government has introduced all kinds of effort to develop the two sectors, including setting up Tabung Gagasan Ekonomi Anak Bumiputera Sarawak (Tegas).

The creation of Tegas is to ensure our children can be tranformed into a skilful workforce that triggers the development of Sarawak.

Not only that, the government has provided training for young people and helped them get suitable jobs, he added.

Abang Johari said the objective was to better the livelihood of Sarawakians.

Young people should realise that the needs of the state and country had changed.

The world is getting more advanced, especially in technology, and everyone should embrace it, he said.

Abang Johari’s text-of- speech was read by Minister of Education, Science and Technology Research Dato Sri Michael Manyin at Politeknik Mukah’s 10th convocation ceremony yesterday.

A total of 681 students attended the convocation.

Also present was Tellian assemblyman Yussibnosh Balo.

Source: The Borneo Post

FIVE MALAYSIANS AT TORCH TOWER DUBAI ARE SAFE

PUTRAJAYA, Malaysia — Five Malaysians who are residents at The Torch Tower, Dubai are safe following the blaze that struck the tower at 12.45 am local time on Friday, the Foreign Ministry confirmed.

In a statement, Wisma Putra (Malaysia Foreign Ministry) said Malaysians in need of consular assistance are encouraged to reach out to the Consulate General of Malaysia in Dubai at 83 Street 10D, Mankhool, Bur Dubai, P.O. Box 4598, Dubai, United Arab Emirates or via phone 971-4-3985 843 or by email mwdubai@kln.gov.my

“The Ministry of Foreign Affairs conveys its deepest sympathy towards the victims involved in this incident,”it said.

It was reported a fire ripped through the world’s tallest residential building in Dubai on Friday.

Authorities said residents staying at the 86-storey Torch Tower had been evacuated and no injuries were reported. It was the second blaze at the building since 2015.

Source: NAM NEWS NETWORK

Alipay enters partnership with VTB to expand merchant network in Russia

HANGZHOU, China, Aug. 04, 2017 (GLOBE NEWSWIRE) — Alipay, the world’s largest online and mobile payment platform and lifestyle super app operated by Ant Financial Services Group, today announced its partnership with VTB Group, one of Russia’s leading banking groups. VTB Group has recently started merchant acquiring for Alipay payments service in its over-120,000-POS-device network, which now makes VTB Group the biggest partner of Alipay in Russia. It is expected that more than 1 million Chinese travelers will benefit from the new partnership every year.

The service will be launched shortly after a pilot program in August. Q3-Q4 2017 will see its roll-out to the whole VTB network of near 100,000 merchants.

Alipay is the world’s largest online and mobile wallet with more than 520 million active users. For Chinese shoppers, the new partnership will lead to more convenience and safety during their trips to Russia, and Russian merchants will have the ability to use all the value added marketing functions the system provides. For shops and restaurants, it means promising an increase of conversion rates, average ticket size and turnover.

According to an estimation of VTB24, the VTB Group’s retail banking arm, Alipay will be in high demand in Moscow, St Petersburg, Khabarovsk, Vladivostok, Blagoveshchensk and Irkutsk. “We see the number of Chinese tourists is increasingly growing,” said Alexey Kirichek, VP, Director of Merchant Acquiring Department, VTB24. “Potential volume of this market is approximately 300 billion rubles per year. Average ticket size of Alipay users is 2-3 times higher than in other payment methods, hence we expect high demand for the new service from merchants.”

“For Alipay, it’s very important to get support from one of the largest banks in Russia. Large-scale acceptance of Alipay on the whole POS infrastructure of VTB24 will allow us to speed up and facilitate the launch of our service at merchants and enable country level coverage,” said Bogdan Zadorozhny, Alipay’s Business Development Director for Russia.

Alipay became available in Russia for Chinese tourists starting in April 2017. Merchants include a number of souvenir shops and department stores in Moscow and St Petersburg. In July, Alipay announced its partnership with Moscow’s Department of Public Transportation. In the near future, Chinese tourists will be able to use Alipay to buy bus or metro tickets.

Alipay has been expanding to in-store offline payments both inside and outside of China. Over 10 million brick-and-mortar merchants now accept Alipay across China. In addition, it is accepted in over 30 countries and regions, with in-store payments covering more than 200,000 retail stores.

VTB24 is one of the leaders in the merchant acquiring business in Russia. Last year, the acquiring volume of the bank reached 1 trillion rubles. This year, the bank plans to achieve 1.4 trillion. Among the biggest customers of VTB24 are such retailers as Auchan, Russian Railways, Yandex Taxi, VK.com, etc.

About Alipay

Operated by Ant Financial Services Group, Alipay is the world’s largest mobile and online payment platform. Launched in 2004, Alipay currently has over 520 million active users and over 450 financial institution partners globally. Alipay has evolved from a digital wallet to a lifestyle enabler. Users can hail a taxi, book a hotel, buy movie tickets, pay utility bills, make appointments with doctors, or purchase wealth management products directly from within the app. In addition to online payments, Alipay is expanding to in-store offline payments both inside and outside of China. Over 10 million brick-and-mortar merchants now accept Alipay across China. Alipay’s in-store payment service is covering more than 200,000 retail stores across the world, and tax reimbursement via Alipay is supported in 24 countries and regions. Alipay works with over 250 overseas financial institutions and payment solution providers to enable cross-border payments for Chinese travelling overseas and overseas customers who purchase products from Chinese e-commerce sites. Alipay currently supports 19 currencies.

Media Enquiries

Xinyun Yang
International Communications
Ant Financial Services Group
Tel: +86 1381 6896 301
Email: xinyun.yang@antfin.com

Alipay enters partnership with VTB to expand merchant network in Russia

HANGZHOU, China, Aug. 04, 2017 (GLOBE NEWSWIRE) — Alipay, the world’s largest online and mobile payment platform and lifestyle super app operated by Ant Financial Services Group, today announced its partnership with VTB Group, one of Russia’s leading banking groups. VTB Group has recently started merchant acquiring for Alipay payments service in its over-120,000-POS-device network, which now makes VTB Group the biggest partner of Alipay in Russia. It is expected that more than 1 million Chinese travelers will benefit from the new partnership every year.

The service will be launched shortly after a pilot program in August. Q3-Q4 2017 will see its roll-out to the whole VTB network of near 100,000 merchants.

Alipay is the world’s largest online and mobile wallet with more than 520 million active users. For Chinese shoppers, the new partnership will lead to more convenience and safety during their trips to Russia, and Russian merchants will have the ability to use all the value added marketing functions the system provides. For shops and restaurants, it means promising an increase of conversion rates, average ticket size and turnover.

According to an estimation of VTB24, the VTB Group’s retail banking arm, Alipay will be in high demand in Moscow, St Petersburg, Khabarovsk, Vladivostok, Blagoveshchensk and Irkutsk. “We see the number of Chinese tourists is increasingly growing,” said Alexey Kirichek, VP, Director of Merchant Acquiring Department, VTB24. “Potential volume of this market is approximately 300 billion rubles per year. Average ticket size of Alipay users is 2-3 times higher than in other payment methods, hence we expect high demand for the new service from merchants.”

“For Alipay, it’s very important to get support from one of the largest banks in Russia. Large-scale acceptance of Alipay on the whole POS infrastructure of VTB24 will allow us to speed up and facilitate the launch of our service at merchants and enable country level coverage,” said Bogdan Zadorozhny, Alipay’s Business Development Director for Russia.

Alipay became available in Russia for Chinese tourists starting in April 2017. Merchants include a number of souvenir shops and department stores in Moscow and St Petersburg. In July, Alipay announced its partnership with Moscow’s Department of Public Transportation. In the near future, Chinese tourists will be able to use Alipay to buy bus or metro tickets.

Alipay has been expanding to in-store offline payments both inside and outside of China. Over 10 million brick-and-mortar merchants now accept Alipay across China. In addition, it is accepted in over 30 countries and regions, with in-store payments covering more than 200,000 retail stores.

VTB24 is one of the leaders in the merchant acquiring business in Russia. Last year, the acquiring volume of the bank reached 1 trillion rubles. This year, the bank plans to achieve 1.4 trillion. Among the biggest customers of VTB24 are such retailers as Auchan, Russian Railways, Yandex Taxi, VK.com, etc.

About Alipay

Operated by Ant Financial Services Group, Alipay is the world’s largest mobile and online payment platform. Launched in 2004, Alipay currently has over 520 million active users and over 450 financial institution partners globally. Alipay has evolved from a digital wallet to a lifestyle enabler. Users can hail a taxi, book a hotel, buy movie tickets, pay utility bills, make appointments with doctors, or purchase wealth management products directly from within the app. In addition to online payments, Alipay is expanding to in-store offline payments both inside and outside of China. Over 10 million brick-and-mortar merchants now accept Alipay across China. Alipay’s in-store payment service is covering more than 200,000 retail stores across the world, and tax reimbursement via Alipay is supported in 24 countries and regions. Alipay works with over 250 overseas financial institutions and payment solution providers to enable cross-border payments for Chinese travelling overseas and overseas customers who purchase products from Chinese e-commerce sites. Alipay currently supports 19 currencies.

Media Enquiries

Xinyun Yang
International Communications
Ant Financial Services Group
Tel: +86 1381 6896 301
Email: xinyun.yang@antfin.com