Posts Tagged ‘BN’

No plan for special investment fund for Indians

June 18th, 2007
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how did we reach the 3% target figure? It should be 8% at least.
 
 
No plan for special investment fund for Indians
 
BERNAMA
KUALA LUMPUR, MON:
 

THE government has no plan to set up a special investment fund to uplift the economic position of the Indian community, the Dewan Rakyat was told today.

Deputy Minister in the Prime Minister’s Department Senator Datuk Abdul Rahman Suliman said the government had however used various mechanisms to help raise the economic position of the community and to ensure that the targeted three per cent equity ownership by Indians during the Ninth Malaysia Plan (9MP) period was achieved.

“Various efforts have also been undertaken to widen the participation of Indians in the economy and help uplift their economic status so that they are not left behind in development,” he said.

Abdul Rahman was replying to a question from K. Devamamy (BN-Cameron Highlands) on the mechanisms to enable Indians achieve three per cent equity ownership during the 9MP period.

Abdul Rahman said the mechanisms included the investment schemes of Perbadanan Nasional Berhad, such as Amanah Saham Wawasan 2020, Amanah Saham Nasional, Amanah Saham Gemilang, Amanah Saham Nasional 3, expanding access to financial assistance and training for Indian entrepreneurs as well as providing business licences to encourage them to venture into business.
Replying to a supplementary question, from Datuk Mohd Zaid Ibrahim (BN-Kota Baharu), on the equity targets for other ethnic groups such as the Dayak, Orang Asli and Kadazan, Abdul Rahman said the government would continue to focus on the eradication of poverty among the people regardless of their ethnic groups.

“We want to reduce hardcore poverty, which is at 5.7 per cent, by 2010. This is our most important target.

“Our agenda is to try and ensure that all ethnic groups are able to participate in and benefit from the programme,” he said.

Apology (?) Statements by the two MPs

May 20th, 2007
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Let me see, if our team is belittled, we can use derogatory terms and insult our opponents…you know like school kids. It doesn't matter if you are YBs because, hey..you were a kid before.
 
Well, the YBs can give all kinds of statistics and show their report cards, but the fact remains that our parliment is like a school playground at times.

» Read more: Apology (?) Statements by the two MPs

Siddhar World Conference in KL

May 20th, 2007
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Conference on Siddhar principles to see big turnout
http://www.nst.com.my/Current_News/NST/Saturday/National/20070519072840/Article/index_html

KUALA LUMPUR: More than 1,000 delegates from around the world are expected to attend an inaugural world conference here on Siddhar principles from May 25 to May 27.

The event, organised by non-profit organisation Sri Agastiar Nyaana Peedam Malaysia, has attracted the participation of people from such countries as India, Japan, Holland, South Africa, England and France.

"We hope to disseminate the principles of the Siddhars on how to develop the inner qualities to achieve peace and improve the quality of life for all human beings," said organising chairman Arul Selvar Abnaa Nagappen.
» Read more: Siddhar World Conference in KL

Google’s search engine goes universal

May 17th, 2007
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Google’s search engine goes universal By MICHAEL LIEDTKE
http://www.businessweek.com/ap/financialnews/D8P5PROG0.htm
In its latest technological leap, online search leader Google Inc. will begin showing videos on its main results page Wednesday along with photos, books and other content previously separated into different categories.
Under a new “universal search” approach that Google began rolling out Wednesday afternoon, some requests will produce more than just a series of links and snippets pointing to other Web sites.
As an example, the results to the search request “I have a dream” will include an actual video showing Martin Luther King Jr.’s famous 1963 speech along with the usual assortment of Web links.
The videos will be shown on Google’s results page if it’s contained in the company’s own database or the vast library of its YouTube subsidiary. A thumbnail will direct traffic to videos hosted on other sites like Metacafe.com.
Other Google results will more frequently show photos or information from the more than 1 million books that the company has copied during the past two years. More news stories and local information pertaining to search requests will be displayed on Google’s first results page — perhaps the most prized showcase on the Web.
Google’s database has included photos, books, videos and local information for several years, but fetching the content usually required searching through one of the customized channels featured in a row of links above the main query box.
A new link to Google’s increasingly popular e-mail service, Gmail, will be added above the query box in the next day or two to make it easier to access for existing users and presumably more alluring to Web surfers who haven’t already opened an account.
By intermingling different types of Web content on its main result page, Google is betting it can become even more useful to its millions of users and maintain the competitive advantage that has established the Mountain View-based company as a cultural and financial phenomenon.
The increased emphasis on video also could alienate some longtime users who revere Google for its traditionally staid results page.
“It’s going to be interesting to see how people react,” said Greg Sterling, who runs the research firm Sterling Market Intelligence. “I think it will create more value for users.”
The changes also illustrate the challenges facing Yahoo Inc., Microsoft Corp. and a host of smaller Internet search engines as they try to gain ground on Google. While those rivals have been investing heavily in improvements just to catch up, Google has been spending even more to soup it search engine.
Last year alone, Google’s capital expenditures totaled $1.9 billion, and the company is on a pace to spend even more this year as it builds more data centers to handle heavy-duty computing jobs. Google executives said it took two years to lay the groundwork for the switch to universal search.
The change realizes one of the visions that drove Google’s $1.76 billion acquisition of the video-sharing site YouTube. Just days before announcing that deal last October, Google co-founders Sergey Brin and Larry Page lamented their inability to show videos on the main results page and said they were working hard to address the weakness.
Now that Google is showing videos in the search results, it may not be much longer before the company begins airing video ads in addition to the short text ads that have accounted for nearly all of its profits so far.
“I do think this opens the door for a richer medium on the search results page,” said Marissa Mayer, Google’s vice president of search products and user experience. “For us, ads are answers as well.”
Since all videos from YouTube and the company’s database will be streamed on a player embedded on the main results page, the change also could mean people stay longer on Google’s Web site — another factor that could boost profits. Although Google also distributes ads to thousands of other Web sites, it makes more money from messages on its own property because it doesn’t have to share the commissions.
“Our goal is not to have people spend more time on Google,” Brin said Wednesday. “It’s for people to accomplish more on Google.”
By creating another major channel to show YouTube videos, Google also could be courting more copyright trouble. Since its inception, YouTube has regularly shown pirated videos posted by its users, a problem that has spurred several copyright infringement lawsuits, including a $1 billion damage claim by Viacom Inc.
Both Google and YouTube say they have adhered to the law by removing pirated videos after receiving a request from a copyright holder.

Up to Pandithan to merge IPF with MIC

May 13th, 2007
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SAMY: Up to Pandithan to merge IPF with MIC BERNAMA
http://www.nst.com.my/Current_News/NST/Sunday/NewsBreak/20070513175236/Article/index_html
KUALA LUMPUR, SUN:
MIC president Datuk Seri S. Samy Vellu said today it is up to Indian Progressive Front (IPF) president Datuk M.G. Pandithan to merge his party with the MIC.
Samy Vellu said he had told Pandithan that he was open to any proposal in the interest of the Indian community.
“It’s up to him to do…I told him earlier, no objection to any proposal,” he told reporters after the first session of the 61st MIC general assembly debate at the Putra World Trade Centre (PWTC) here today.
About 1,400 delegates attended the two-day assembly which ended today.
Yesterday, Pandithan attended the assembly after almost 20 years. The enmity between Samy Vellu and Pandithan began in 1988 when Pandithan, then MIC vice-president, was issued a show-cause letter for allegedly practising caste-oriented politics.
In August 1990, Pandithan formed the IPF. Previously, IPF applied to join Barisan Nasional (BN) but was unsuccessful due to MIC’s objection.
Both leaders met again at the Ijok by-election campaign last month after many years and they promised to work together in the larger interest of the Indian community.