All my 10 Battleships are moving. Today is certainly a good day for all ir4.0 counters, construction counters and Energy Counters. Heavy volume across all these 3 Sectors since Foreign Funds are coming back.
Anne has already moved up by 5%..That's a good start. I'm looking forward for Anne to break 0.20 this week...
To those who have not collected, don't stop till you get enough....
Malaysia rail project to resume after China agrees to cost cut Malaysia's new government stopped work on 688km project last year, amid concern about hefty price tag. Kuala Lumpur, Malaysia - Malaysia will resume work on the multi-billion dollar East Coast Rail Link (ECRL) after months of negotiations with the China Communications Construction Company (CCCC) and the Chinese government brought the cost down by a third.
The cost of the first two phases of the line was reduced from 65.5 billion Malaysian ringgits ($15.9bn) to 44 billion ($10.6bn), the Prime Minister's Office said in a statement.
Malaysia said it welcomed the signing of a supplemental agreement between Malaysia Rail Link and the CCCC, the main contractor, which would pave the way for construction on the 688km railway to resume.
"This reduction will surely benefit Malaysia, and lighten the burden on the country's financial position," it added. Further details are scheduled to be announced on Monday.
READ MORE Southeast Asia wary on China, Belt and Road initiative: Survey The electrified railway is designed to connect Malaysia's capital with the towns on the peninsula's east and northeast and, backed by loans from China, was touted as an economic "game changer" by former Prime Minister Najib Razak.
Critics said it benefited China more than Malaysia. China is building a deep-sea port on Malaysia's east coast and the railway is a key link in its Belt and Road Initiative.
Najib was overthrown in a general election nearly a year ago amid public anger at allegations of wrong-doing at state fund, 1MDB.
The ECRL project was stopped by the new administration shortly afterwards because it was too expensive. Prime Minister Mahathir Mohamad said he was worried that the cost of construction would leave the country indebted for a generation.
now you guys know, where ever dato larry liew goes, he bring prosperity and good luck! more and more mega project will be announce soon! just like arbb7181 just announce a jv with osm, tell you guys their company is huge and their fundamental are very very strong! they are big investor with big business! arbb will announce another big project soon with another big company, see you soon guys!
A very Strong of upward surge for ageson 7145 is coming.. Which we had not seen before.. We all have to pray hard, that there won t be any disturbance from any parties, who had miss the run, and will try to pull the price down.. Usually research houses will do this... Amin we pray
EU sets out trillion euro plan to avert 'climate crash'
STRASBOURG, France - The EU budget chief said the bloc needs to invest dedicated funds to avert a "climate crash" as Brussels detailed how it planned to pay for a trillion euro push to cut net C02 emissions to zero by 2050 and protect member countries dependent on coal.
The financial challenge for Europe is huge: the European Commission executive arm estimates that halving emissions by 2030 would require 260 billion euros (£222 billion) of investment a year in the energy, transport and construction sectors.
"We need climate cash in order to avoid a climate crash," European Budget Commissioner Johannes Hahn told Reuters on Tuesday.
Of the 1 trillion euros of the EU's 10-year investment plan, roughly half is to come from the EU long-term budget, the Commission said. This will trigger more than 100 billion in co-financing from governments.
It was unveiling details of its Sustainable Europe Investment Plan using public and private money for its flagship project: the European Green Deal.
Some 300 billion would come from private sources and another 100 from the EU's Just Transition Fund that is to help the EU's coal-dependent regions, such as Poland's Silesia mining region, make the transition to "green".
The EU is in the last stretch of talks on the size and spending goals of its next long-term budget from 2021 to 2027.
All EU countries except Poland agreed last month they should transform their economies over the next 30 years to not emit more carbon dioxide than they absorb, so as to limit global warming and resulting climate changes.
The deal came amid overwhelming support from Europeans who see irreversible climate change as the biggest challenge they are facing, more so than terrorism, access to healthcare or unemployment.
"I'm doing this in my grandson's future interest," Hahn, 62, said about his work on financing the EU's shift to a green economy.
STATE AID RULES
Poland did not subscribe to the 2050 emissions-neutrality goal, arguing its energy systems and economy were too dependent on coal and lignite to make the transition over that time. The Just Transition Fund is to address this problem.
"Yes, I think it will be enough (to convince Poland to join the 2050 climate neutrality goal)," Hahn said.
"It is very attractive because it gives them the opportunity of additional money, access to interesting financing," he said.
The Fund is to "benefit territories with high employment in coal, lignite, oil shale and peat production, as well as territories with carbon-intensive industries which will be either discontinued or severely impacted by the transition", the Commission proposal said.
The money will go to areas producing the most CO2 industrial emissions, where job losses and the need for teaching new skills and will take into account the overall wealth of the country so that a region in need of transition in the EU's poorest Romania would get more money than a comparable region in Germany.
The total of 100 billion euros will come from a mix of sources and will mostly be a result of leveraging of 7.5 billion euros of input from the EU budget, EU guarantees and European Investment Bank loans, to attract private cash by covering the riskiest parts of an investment.
To increase financing options, the EU will also review its state aid rules by the end of this year, which normally prohibit governments from helping companies in trouble so as not to distort competition.
Governments will be allowed to spend on renewable energy, public charging infrastructure or waste recycling, support workers sacked from closed mines, invest in energy efficiency of buildings, help district heating or climate neutral production processes or the closure of coal-fired power plants.
As well as being a huge challenge, the commission sees a switch to an economic model not based on burning fossil fuels for energy as a great opportunity for European industry to shift to making environmentally clean, re-usable and repairable products based on renewable energy sources.
RM450mil e-Tunai programme to kick off on Wednesday (Jan 15)
PUTRAJAYA: The e-Tunai programme, which encourages the use of cashless payments among Malaysians, will kick off on Wednesday (Jan 15).
Finance Minister Lim Guan Eng said the government has allocated RM450mil for the programme that will benefit 15 million people.
The government is collaborating with e-wallet operators Grab, Boost and Touch 'n Go for the programme.
"This is part of the government's commitment to the Shared Prosperity agenda by reducing barriers to digitalisation and improving financial inclusivity," he said in a media conference on Tuesday (Jan 14).
Applications can be submitted starting tomorrow until March 9.
Malaysians 18 years of age and above and who earn less than RM100,000 annually will be eligible to receive RM30 each through any of the participating e-wallets.
Lim said participants can only choose from one e-wallet operator and once claimed, the recipient can spend the money on goods and services available through the chosen e-wallet platform.
"The e-wallet operators will provide additional incentive which they will announce later," he said
To ensure the initiative will hasten Malaysia's digitalisation process, Lim said the RM30 must be spent starting Jan 15 until March 14.
2020 budget: Construction sector remains economic driving force, says CIDB
KUALA LUMPUR: The allowances provided in the 2020 Budget show that the government prioritises the construction industry as one of the key drivers of the nation’s economic development, Construction Industry Development Board Malaysia (CIDB) chief executive Datuk Ahmad Asri Abdul Hamid said.
Budget 2020 saw the allocation of allowances for the development and maintenance of infrastructure and social amenities.
“This goes to show that the government prioritises the construction industry as one of the key drivers of the nation’s economic development.
“These projects will further boost the development of the construction industry, creating spillover effects across other economic sectors,” he said, here, today.
Additionally, CIDB said the RM1 billion 1:5 matching guarantee for dedicated private equity funds to invest in Malaysian consortiums would encourage the participation of more Malaysian consortiums in overseas construction projects.
“CIDB is also in full support of the government’s introduction of the #WatanKerja (Locals@Work) hiring cost equalisation programme, as a means to incentivise the shift away from dependence on low-skilled foreign workers,” it said.
Under this programme, the wage incentive for Malaysians who are hired to replace foreign workers is either RM350 or RM500 per month, depending on the sector, for a duration of two years, while the corresponding hiring incentive for employers is up to RM250 per month for two years.
“Furthermore, the government’s focus in incentivising Technical and Vocational Education and Training (TVET) apprenticeships will encourage more local youth to enter TVET courses, especially in the construction industry,” he said.
Could expect new projects announcements after this one...let's see...load up before next QR in Feb if u believe it will be profitable.2020 is time to buy cheap constructiion stocks...reap the fruits from 2021, or earlier. Steel stocks rallying...2020 buy construction stocks while it's still cheap.
Said Dr.M, reviving the HSR construction projects. While it is still too early to try and pin point the potential work package winners, we expect the usual active construction players to actively bid for a slice of the pie.so be prepare guys!
PETALING JAYA: On Monday, St Louis Superman, a documentary produced by Malaysians Teng Poh Si and Cheyenne Tan, picked up an Oscar nomination for Best Documentary Short Subject.
St Louis Superman, directed by Smriti Mundhra and Sami Khan, chronicles the journey of Bruce Franks Jr, an activist and rapper who ran for the Missouri House of Representatives in 2016 and won.
He was inspired to enter politics after the shooting of an unarmed African-American teenager, Michael Brown Jr, by a white police officer in 2014 in Ferguson, Missouri, near where Franks Jr lived.
St Louis Superman is up against nominees such as In The Absence, Learning To Skateboard In A Warzone (If You’re A Girl), Life Overtakes Me and Walk Run Cha-Cha.
The Academy Awards takes place in Los Angeles on Feb 9.
Penang-born Teng said her Oscar journey would not be possible without the support of Malaysia’s annual documentary film festival FreedomFilmFest (FFF) and its organiser Pusat Komas, a human rights organisation.
dah tukor nama, prinsiptek, heh kan ke company ini ada JV to develop the Langat 2 water treatment plant and water reticulation system in Selangor and Kuala Lumpur.
baru google aktif juga company ini nak build port facilities in sabah ler, bangun loji water treatment ler, kenaikkan nilai harttanah seri kembangan milik mereka ler, apa pasal harga muroh lagi?
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
靓女 phoon phoon
161 posts
Posted by 靓女 phoon phoon > 2020-01-07 09:17 | Report Abuse
dont mind that jobless kids andychin!