Posted by Larrie Chew > 2020-04-21 11:47 | Report Abuse

'All kinds of togetherness missed'

In Algeria, restaurant owners are wondering how to offer iftar to the needy when their premises are closed, while charities in Abu Dhabi that hold iftar for low-paid South Asian workers are unsure what to do with mosques now closed.

Mohamed Aslam, an engineer from India who lives in a three-bedroom apartment in downtown Abu Dhabi with 14 others is unemployed because of the coronavirus. With his apartment building under quarantine after a resident tested positive, he has been relying on charity for food.

The United Arab Emirates launched a campaign on Sunday to provide 10 million meals or food parcels to communities hit by the outbreak in the country.

In Senegal, the plan is to continue charity in a limited way. In the capital Dakar, charities that characteristically hand out "Ndogou", baguettes slathered with chocolate spread, cakes, dates, sugar and milk to those in need, will distribute them to Quranic schools, rather than on the street.

In Indonesia, the world's largest Muslim-majority country, some people will be meeting loved ones remotely this year.

Prabowo, who goes by one name, plans to host Eid al-Fitr, the celebration at the end of the fasting month, via the online meeting site Zoom instead of flying home.

"I worry about the coronavirus," he said. "But all kinds of togetherness will be missed. No iftar together, no praying together at the mosque, and not even gossiping with friends."

Posted by Larrie Chew > 2020-04-21 11:48 | Report Abuse

He is trying to tell us something ...

Posted by GodOfWar > 2020-04-21 11:55 | Report Abuse

tell us to stop reading and reciting useless fictitious book 5 times a day, read scientific journal instead.

Posted by NancyDrewWhite > 2020-04-21 11:55 | Report Abuse

This is a year of many sacrifices! The Chinese went thru without Chinese New year celebration & now the Muslims... the rest will follow soon....just pray that it doesn't repeat in the cycle!!!

Posted by BABIKING > 2020-04-21 12:03 | Report Abuse

When Coronavirus clusters spread from Tablighi gatherings in Sri Petaling Mosque in Selangor and from the Delhi Mosque in India, killing so many, questions arise as to whether there is in fact a God.

Posted by DatoSeriJohnnyWalker > 2020-04-21 12:29 | Report Abuse

BABIKING , God is not a person or an entity somewhere up in heavens .. He only supports the balance of life and never intervenes in the laws He created billions of years before

Posted by ViVaFoReVeRLOVE > 2020-04-21 12:30 | Report Abuse

ha ha both of you , Abrahamic religion is only 3000-4000 years old and the god that you believe in should be the same age as well. So please don't be so zealous to backdate the knowledge to billions of years back

Posted by DatoSeriJohnnyWalker > 2020-04-21 12:31 | Report Abuse

God does not have a birth date. It is God! aDuh!

Posted by DatoSeriJohnnyWalker > 2020-04-21 12:32 | Report Abuse

In shadow of death, nothing is more important than keeping yourself alive!

Posted by GodOfWar > 2020-04-21 12:32 | Report Abuse

The PN ministers and goons will still visit and challenge citizens to lodge police report. Excuses will be given, police will record their statement and then ......... nothing done. Aren’t we still waiting for outcome from the police investigation on the DHM?

Posted by KennyDowJones > 2020-04-21 12:36 | Report Abuse

Some in PAS (although their leadership does not disavow such sentiments) have always used signs of misfortune as an indication of God's anger with the sins of those afflicted. When a tsunami killed party goers in Indonesia, instead of sending messages of comfort and consolation there was an almost triumphant cum vindictive statement that it was punishment from on high for partying and rock concerts.

Now in this case we see as reported above "The holiest month in the Islamic calendar is one of family and togetherness – community, reflection, charity and prayer" and "I cannot imagine Ramadan without tarawih," he said, referring to additional prayers performed at mosques after iftar, the evening meal in which Muslims break their fast" such hopes during the month of Ramadan may not be fulfilled.

No wonder PAS is so silent. Perhaps it might be wise not to take God's name in vain?

Posted by Larrie Chew > 2020-04-21 12:37 | Report Abuse

KennyDowJones , In this troubled times we see that the virus affects ALL. CNY, Good Friday now Ramadan. If any good comes out of this let it be that we all remember that united we all stand, divided we all fall. May extremism be beaten back and moderates hold the high ground.

Posted by NancyDrewWhite > 2020-04-21 12:38 | Report Abuse

Guys, The pandemic will put religion and many modern day conventions in their proper perspective....ie irrelevant

Religious people can pray all they like but it will be up to science to find the answers

Posted by ViVaFoReVeRLOVE > 2020-04-21 12:39 | Report Abuse

The Indonesians gave additional Aidil Fitri holidays in December in a smart move to discourage celebrations in May. It's also a move to prevent mass exodus of Muslims returning to their kampung.

Celebrate Aidil Fitri in a modest way at home and reserve the balik kampung to December during the special end of year shut down.

Posted by UraniumKing68 > 2020-04-21 12:40 | Report Abuse

Airbus puts six jets made for AirAsia up for sale as crisis deepens

Airbus has put six jets made for one of its largest customers up for sale after giving up on Malaysia's AirAsia taking delivery of them, sources familiar with the matter told Reuters in Paris.

The unusual move is a sign of the deepening crisis in the aviation industry caused by the coronavirus pandemic, which some analysts warn could lead to a fire-sale of unwanted planes.

Like other airlines looking to save cash amid lockdowns and travel bans that have crippled their business, AirAsia has said it doesn't need any more aircraft this year.

Manufacturers usually insist an airline takes delivery of jets that have been built, while showing flexibility on delivery dates of planes yet to be produced, especially for top clients.

Although "pop-up" sales of unwanted aircraft are not new, they rarely involve high-profile customers and typically include the manufacturer keeping the deposit, the sources said. Airbus declined to comment on whether it had done so this time.

"It is a harsh step to take," said one source, speaking on condition of anonymity due to the sensitivity of the matter.

An Airbus spokesperson said: "We do not disclose or comment on delivery schedules for any customers."

A spokesperson for AirAsia, Asia's biggest low-cost carrier, declined to comment.

Airbus has invited bids for four A320neo and two A321neo jets built for AirAsia, according to the sources and a confidential document seen by Reuters.

Buyers can fetch the jets from France or Germany in June, complete with optional onboard equipment ordered by AirAsia.

Posted by UraniumKing68 > 2020-04-21 12:41 | Report Abuse

AirAsia co-founder Tony Fernandes said this month the group had no revenue and 96 percent of its fleet was grounded. He added that "AirAsia is strong and remains firmly focused on the future".

A senior Malaysian minister told Reuters last Friday that merging AirAsia with loss-making state Malaysia Airlines was one of the options to "save" them.

Posted by UraniumKing68 > 2020-04-21 12:41 | Report Abuse

Many airlines want deliveries deferred

Airbus said this month it faced many calls from airlines to defer aircraft deliveries, but had not received cancellations directly as a result of the coronavirus epidemic.

A sale would protect Airbus's investment in parts, but comes with greater than usual risk during the industry crisis.

With most airlines struggling financially and reluctant to take deliveries, the move could lead to pressure from other customers to find new homes for aircraft they no longer want, triggering a broader sale of undelivered jets, the sources said.

Airbus has said it has 60 aircraft already built that it is unable to deliver, partly for logistical reasons.

Secondly, Airbus faces a risk that any cut-price deals will set a precedent for future jet sales.

"It's a small community and the result of these tenders often gets out," said a second source familiar with the auction.

Posted by UraniumKing68 > 2020-04-21 12:41 | Report Abuse

Others said Airbus had little choice but to recoup as much as possible from the jets, worth US$111 to US$130 million each at most recent list prices, but less than half after typical discounts.

Buyers are currently scarce, but some are ready for bargains. Ryanair, a mainly Boeing customer with an Airbus fleet through acquisition, told Reuters last week that now could be a good time to buy jets.

Wizz Air says it wants to take new planes.

In February, long-haul subsidiary AirAsiaX said it would defer delivery of 78 larger A330neo jets.

Boeing, meanwhile, faced the latest in a spate of cancellations of its grounded 737 MAX, as China Development Bank said it had agreed with Boeing to cancel 29 jets.

Posted by Printing U.S Dollar Dollar Dollar > 2020-04-21 12:42 | Report Abuse

Instead of saving MAS, I rather save Airasia with a better Mgmt record but this Government is most political & prudence is not visible. With oil price declining, the best brains of every industry needs to be engaged to save the nation. Transparency & colloboration needs to be accelerated. No excuses. Politicking shld be sidelined.

Posted by GodOfWar > 2020-04-21 12:44 | Report Abuse

Printing U.S Dollar Dollar Dollar , Save AirAsia to be treated like cattle? The same airline which finds no wrongdoing in kickbacks? No thanks.

Posted by ahfad > 2020-04-21 12:01 | Report Abuse

Jgn main nama tuhan la brader. We malay have safrice gave you cny in January, now we have to pay the price. Thanks to pakatan harapan slow move. Now its time to be united. No more racial or religion slur among us.

Posted by DatoSeriJohnnyWalker > 2020-04-21 12:45 | Report Abuse

No,Printing U.S Dollar Dollar Dollar, The future does not have AA. Tourism and travel will be dead. No point pouring good money into an industry thats gone. If the government gives even a million its scandalous. Its worst than 1MDB. TF is laying a trap for TSMY. This billion dollar excuse is what TF good BFF Nazir is advising Zafrool to do. The outcome after this is Najib MO1 will say why so much govt money poured into a drowning airline helping a billionaire instead of helping the poor desperate nelayan and poor kampung folks. So Zafrool country first? Politics? Or your pocket first?

Posted by KennyDowJones > 2020-04-21 12:59 | Report Abuse

AA - I stop using long time ago-they are arrogant like TonyF. Crew are made of rude people I wish they go bust.

Posted by DatoSeriJohnnyWalker > 2020-04-21 13:01 | Report Abuse

Tony, what kind of business ethics do you espouse? Jamban ethics? Order the planes, built to your specifications and now you say "thanks, but no thanks?
Dishonesty, blow where the wind takes you. E.g, Najib falls, you quickly sidle up to brown nose Mahathir. Now Mahathir not in power, you sidle up to Moo. You are a real weasel both in your personal life and in business. People with some sense of decency should just boycott AA.

Posted by BABIKING > 2020-04-21 13:02 | Report Abuse

Don’t see any buyers in the market for new planes anywhere. Only fights flying are domestic ones, otherwise there is a 14 day curfew for international ones. That is if they let international passengers In at all. CP and SQ suffering since all their flights are international ones.

Posted by KennyDowJones > 2020-04-21 13:03 | Report Abuse

Agree with DatoSeriJohnnyWalker , it does not matter that you are camping at Zafrool House or trying to lobby TSMY. There will be no bailout for AA. No loan too. Why? Because the country needs the money more to save the people the homeless the kampung folks. People that will vote. AA is gone. Bankrupt even deeper than other airlines. Because they didn't gamble and tried to make Greedy hedge money like you did. Now you are caught buying with greed in huge long term contracts at above USD 70 per every barrel every litre of oil. And now oil has totally crash. Other airlines when Reopen they are competitive with cheap oil. You are roasted dead no chance to fly anymore if every litre you fly you get deeper in the red. AA will bankrupt for sure. So we Malaysians will hold TSMY and Zafrool personally responsible if our hard earned tax payers money is given or even loans to this useless weasel.

Posted by GodOfWar > 2020-04-21 13:04 | Report Abuse

Unethical practice by TonyF. Went on a spending spree and now cannot pay - up. Are you trying to emulate the Semburit - hutang do not pay?

Posted by DatoSeriJohnnyWalker > 2020-04-21 17:02 | Report Abuse

AA is dead. So many commented how TF gambled the airline away with his greed. Even without Covid AA is sunk and bankrupt by their fuel catastrophe. He can't fly anymore. Every km travel or litre of fuel he dies. Bought long term huge quantities of fuel above USD 70 that's more than RM 300 per drop of oil. Now oil is zero. So even if covid can Reopen other airlines will be far more competitive with cheap fuel. AA will have this Loooooong term debt hung over its neck with a Fuel HOLE. Since fuel costs is 70 percent of profitability for sure then AA is dead. Like Kingfisher in India Bury it. MAS will be better off as a national airline serving domestic. Govt cannot go near AA or AA X. Its like throwing money into kerosene. Wait for the year end results when all the losses will show. Check the auditors don't let them do a Hing Leong like in Singapore. Also bankrupt and with lesser gambling hedging. Very different from proper hedge for insurance. This was like a rogue trader gambling.

Posted by GodOfWar > 2020-04-21 13:07 | Report Abuse

If AA runs out of cash - it will infect others, Petronas that supply its fuel, some banks that it owes, employees have no options but to leave, the landlord MAB will suffer etc etc. TF should be alright if he has done his risk homework.

Posted by KennyDowJones > 2020-04-21 13:07 | Report Abuse

Can't even honour his agreements. Sue the pants off this useless dishonorable weasel. If the government gives even a million its scandalous. Its worst than 1MDB. And what if TF is laying a trap for TSMY?? . This billion dollar loss excuse is what TF's BFF Nazir is advising Zafrool to do. The outcome after this is Najib MO1 will then have the basis to say "why so much govt money poured into a drowning airline helping a billionaire instead of helping the poor desperate nelayan and poor kampung folks? Sebab itu la saya pecat Tan Sri Moo dulu. Tengok tu" . So Zafrool country first? Politics? Or your pocket first?

Posted by O'Brian > 2020-04-21 13:18 | Report Abuse

Rising The Tide
The FBM KLCI (+1.5%) advanced alongside with gains across regional equities after U.S. President Donald Trump is considering a gradual reopening of U.S. economic activities. Consequently, the key index climbed 3.7% W.o.W. The lower liners - the FBM Small Cap (+2.6%), FBM Fledgling (+1.9%) and FBM ACE (+1.8%), all extended their gains, while broader market finished higher, anchored by the utilities sector (+2.9%).
Market breadth remained positive as gainers thumped the losers on a ratio of 764-to-211 stocks. Traded volumes gained 13.9% to 6.31 bln shares amid the positive market sentiment.
Topping the FBM KLCI winners list was Hong Leong Financial Group (+54.0 sen), followed by Tenaga (+46.0 sen), Hong Leong Bank (+26.0 sen), Petronas Chemicals (+25.0 sen) and KLK (+24.0 sen) advanced on the local bourse. Significant advancers on the broader market were Dutch Lady (+80.0 sen), Panasonic (+70.0 sen), Carlsberg (+50.0 sen), LPI Capital (+50.0 sen) and BAT (+44.0 sen).
Meanwhile, MPI (-16.0 sen), Advanced Packaging (-7.0 sen), Sungei Bagan Rubber (-4.0 sen), BSL Corporation (-3.5 sen) and Inch Kenneth Kajang Rubber (- 3.5 sen) fell on the broader market. There were only four decliners on the local bourse - Nestle (-70.0 sen), Petronas Dagangan (-44.0 sen), Sime Darby Plantations (-5.0 sen) and IHH (- 1.0 sen).
Asia benchmark indices rallied amid the positive developments on U.S. economy as the Nikkei (+3.2%) recovered all its’ previous session losses. The Hang Seng Index rose 1.6%, while the Shanghai Composite (+0.7%) extended its gains, brushing off the sluggish 1Q2020 GDP data that contracted -6.8% Y.o.Y, marking the first contraction since 1982. Asia stockmarkets, meanwhile, closed on a positive note on last Friday.
U.S. stockmarkets continue their ascend as the Dow jumped 3.0% to close above the 24,000 psychological level amid the reports on effective Covid-19 treatment, coupled with White House’s move to relax business closures. On the broader market, the S&P 500 surged 2.7% with all eleven major sectors in the green, while the Nasdaq (+1.4%) also extended its gains.
Earlier, European stockmarkets - the FTSE (+2.8%), CAC (+3.4%) and DAX (+3.2%), all closed sharply higher, taking cue from the gains across global markets. In the meantime, Eurozone’s inflation rose only +0.7% Y.o.Y in March 2020.
The Day Ahead
The strong performance on the FBM KLCI was largely driven by news that U.S. will gradually reopen their economic activities which powered the FBM KLCI to close above the 1,400 psychological level. At the same time, the gains are leaving Malaysian stocks increasingly toppish that is likely to prompt a consolidation soon to adjust from overbought, in our view.
After more than 5% gain over the past two weeks, the key index’s performance has already exceeded all expectations amid the selected institutional support which we think is overdone, considering the still fragile economic prospects. Hence, we think a consolidation is due over the near term with the key index potentially pulling back to the 1,400 level. For now, the resistances are at the 1,420-1,455 levels. Should the 1,400 level fails to hold, the 1,370 level will serve as the next support.
The lower liners and broader market shares also benefited from the market ascend, but are also looking toppish as a result. Therefore, we think a pullback is also on the cards, which thereafter will provide fresh legs for further recovery.

Posted by O'Brian > 2020-04-21 13:20 | Report Abuse

Ageson: Inks JV term sheet for RM330m Singapore sand supply project. Ageson entered into a term sheet to set up a JV company with Navis Marinus Pte Ltd to undertake a SGD107.64m (RM330.2m) sand supply contract for JTC Corp in Singapore. The contract entails the supply and delivery of sand from the Philippines to Singapore for a period of three years via the JV company. Under the term sheet, Esa Pile will receive a 51% equity stake in the JV company with Navis holding the remaining 49% equity interest. Esa Pile will be providing project management services as well as any required assistant and relevant expertise to Navis to ensure smooth implementation of the project. (The Sun Daily)

Posted by O'Brian > 2020-04-21 13:21 | Report Abuse

Ageson Bhd, formerly known as Prinsiptek Corp Bhd, is partnering with Singapore firm Navis Marinus Private Ltd (NMPL) to jointly undertake the supply and delivery of sand worth S$107.6 mln (about RM330.4 mln). Ageson's wholly-owned Esa Pile Sdn Bhd and NMPL inked a term sheet today to set up a 51:49 joint venture (JV) company to deliver sand from the Philippines to JTC Corp in Singapore. The three-year contract was awarded to NMPL by JTC Corp, a Singapore government agency in Singapore that spearheads the planning, promotion and development of a dynamic industrial landscape.

Posted by JessicaTan > 2020-04-21 13:23 | Report Abuse

Wait for Ageson price calm down first, then...............sapuuuuuuuuuuuuuuuuuuu

Posted by happylucy > 2020-04-21 13:24 | Report Abuse

Yes Jessica Tan, its a buy call, buy call ! sapu ageson shares while stock last!

Posted by stockjobber > 2020-04-21 19:37 | Report Abuse

Please do not make any sensitive comments towards other faiths, we all live in a multi ethnic, races , religion, cultures, traditions etc. Thanks and we are all good Malaysians !

Posted by ahfad > 2020-04-22 09:29 | Report Abuse

Have to sell first. See you in June. Thanks ageson

Posted by Larrie Chew > 2020-04-22 12:04 | Report Abuse

KL wholesale market estimates huge losses from temporary closure

The temporary shutdown of the Selayang wholesale market will cost the vegetable traders up to RM15 million in losses. Online news portal The Malaysian Insight (TMI) reported that this is due to the market being closed until Friday to allow for sanitation work to take place. Eight housing areas surrounding the market have been placed under an enhanced movement control order (MCO). Kuala Lumpur Vegetable Wholesalers’ Association president Wong Keng Fatt told TMI that there was not enough time to reduce orders from local farms and Thai exporters. “The vegetables from Thailand have to be booked days in advance and we can no longer reduce our orders in a short time,” he said. He warned that the temporary closure of the market will see Klang Valley experiencing a lack of supply for fresh produce this week and that will result in the prices of fresh vegetables and local fish to go up. Wong said when the market is reopened on Friday, it will then have a problem with lack of manpower as the foreign workers are not allowed out while under enhanced MCO.

Posted by Larrie Chew > 2020-04-22 12:04 | Report Abuse

“When the MCO started (in March), we were already reduced to three workers per stall. Now if we only have Malaysians, there will not be enough people to pack and load vegetables, so we will be operating at half capacity," he said. Yesterday, Deputy Federal Territories Minister Edmund Santhara Kumar Ramanaidu had said basic supplies would be purchased from the KL wholesale market traders affected by the enhanced MCO. "We don't want them to suffer losses so we (the FT Ministry) propose to purchase basic supplies from them so that we can distribute to those living in the area. "Rather than purchasing from elsewhere, it is better that I buy it from them to assist the people living in the surrounding areas. This will be done systematically,

Posted by Larrie Chew > 2020-04-22 12:05 | Report Abuse

Money or Life??? That’s that question to ask

Posted by KennyDowJones > 2020-04-22 12:07 | Report Abuse

Edmund Santhara, the unrepentant traitor. Watch out. Someone might chop off your fingers again!

Posted by JessicaTan > 2020-04-22 12:08 | Report Abuse

KennyDowJones , Again? Had them in the till, did he?

Posted by KennyDowJones > 2020-04-22 12:10 | Report Abuse

Exactly JessicaTan !

Posted by happylucy > 2020-04-22 12:10 | Report Abuse

Not much attention was given to the wholesale market and the foreign work force by the authorities before and during MOC. Action was only taken when some foreign workers got infected and form a cluster in nearby flats mostly occupied by them. Sad.

Posted by DatoSeriJohnnyWalker > 2020-04-22 12:20 | Report Abuse

Yes happylucy, This is like fire fighting. As and when a problem arises, they try to solve it. FT Ministry should have looked into this area in advance, especially where there are wholesale markets. They should be proactive rather than reactive In fact that should be first area to zoom in as it involves fresh vegetables. True very sad situation.

Posted by BABIKING > 2020-04-22 12:21 | Report Abuse

What to do, there is a cluster forming and I supposed each and every trader there are responsible somewhat to ensure their place of business is disease free, after all it will affect their business (which it is now). I hope they will not now ask the government for help, it will be unfair to all other tax payers.

Posted by BABIKING > 2020-04-22 12:21 | Report Abuse

This is poor planning by the PN govt. They don't care at all if the people suffer. They juts want to grab everything for themselves.

Posted by NancyDrewWhite > 2020-04-22 12:22 | Report Abuse

Government can buy the food at near cost price and distribute it to EMCO areas.

Posted by UraniumKing68 > 2020-04-22 12:25 | Report Abuse

Attorney-General Tommy Thomas, Dewan Rakyat speaker Mohamad Ariff Md Yusof and Inspector-General of Police Abdul Hamid Bador were among those conferred the 'Tan Sri' title in conjunction with the Yang di-Pertuan Agong's official birthday.

Posted by YoungTycoonWILL > 2020-04-22 12:27 | Report Abuse

While the granting of titles creates a class system, perhaps now that Tommy Thomas is a Tan Sri, the simple Malays will find him acceptable.