Thursday, October 20, 2005
Tuesday, October 18, 2005
You Joke, I Lough
Bank Negara says H & I Niaga qualifies
BANK Negara (Central Reserve Bank) said the decision to award the tender to build the Financial Services Resources Centre was based on the most competitive bid.
In a statement, the central bank said the criteria included the tender price, track record, financial capability, quality, and technical and commercial capabilities of the team that was put together to complete the project. All tenders were reviewed to determine the most competitive bid and the company selected, H & I Niaga Sdn Bhd, is qualified to complete the project within Bank Negara's specifications, it said.
It said the construction will begin in November for completion within two years. “Bank Negara upholds the highest standards of governance in our conduct and we view seriously recent media reports regarding the award for the construction of the centre,” it said. The award of the RM320mil contract to the low profile H & I Niaga surprised some parties as it beat many well-known groups such as Ranhill Bhd.
According to recent reports, H & I Niaga, a class A contractor, had failed to file accounts for the financial years 2002, 2003 and 2004. It last submitted accounts for the financial year ended Dec 31, 2001, which showed that its net profit was RM14,500. – Bernama
Sometimes I read a few newspaper articles that are so concise, yet so "informative", just like the one above. How can the country's Central Bank may had reviewed all of the other tenders, before coming to the decision of giving the tender opportunity to H & I Niaga, yet H & I Niaga did not comply to the law. Will it be other tenders did not submit their accounts since year 2000? What? How? Why?
Article taken without alteration from The Star
BANK Negara (Central Reserve Bank) said the decision to award the tender to build the Financial Services Resources Centre was based on the most competitive bid.
In a statement, the central bank said the criteria included the tender price, track record, financial capability, quality, and technical and commercial capabilities of the team that was put together to complete the project. All tenders were reviewed to determine the most competitive bid and the company selected, H & I Niaga Sdn Bhd, is qualified to complete the project within Bank Negara's specifications, it said.
It said the construction will begin in November for completion within two years. “Bank Negara upholds the highest standards of governance in our conduct and we view seriously recent media reports regarding the award for the construction of the centre,” it said. The award of the RM320mil contract to the low profile H & I Niaga surprised some parties as it beat many well-known groups such as Ranhill Bhd.
According to recent reports, H & I Niaga, a class A contractor, had failed to file accounts for the financial years 2002, 2003 and 2004. It last submitted accounts for the financial year ended Dec 31, 2001, which showed that its net profit was RM14,500. – Bernama
Sometimes I read a few newspaper articles that are so concise, yet so "informative", just like the one above. How can the country's Central Bank may had reviewed all of the other tenders, before coming to the decision of giving the tender opportunity to H & I Niaga, yet H & I Niaga did not comply to the law. Will it be other tenders did not submit their accounts since year 2000? What? How? Why?
Article taken without alteration from The Star
Labels:
malaysian government big flaws
Saturday, October 15, 2005
Ways We Do Business
Jack, a shrewd businessman, talks to his son:
Jack: "I want you to marry a girl of my choice."
Son : "I will choose my own bride".
Jack: "But the girl is Bill Gates's daughter."
Son : "Well, in that case..."
Next Jack approaches Bill Gates:
Jack: "I have a husband for your daughter."
Bill Gates : "But my daughter is too young to marry."
Jack: "But this young man is a vice-president of the World Bank."
Bill Gates : "Ah, in that case..."
Finally Jack goes to see the president of the World Bank.
Jack: "I have a young man to be recommended as a vice-president."
President : "But I already have more vice-presidents than I need."
Jack: "But this young man is Bill Gates's son-in-law."
President : "Ah, in that case....."
This is how business is done!!
Jack: "I want you to marry a girl of my choice."
Son : "I will choose my own bride".
Jack: "But the girl is Bill Gates's daughter."
Son : "Well, in that case..."
Next Jack approaches Bill Gates:
Jack: "I have a husband for your daughter."
Bill Gates : "But my daughter is too young to marry."
Jack: "But this young man is a vice-president of the World Bank."
Bill Gates : "Ah, in that case..."
Finally Jack goes to see the president of the World Bank.
Jack: "I have a young man to be recommended as a vice-president."
President : "But I already have more vice-presidents than I need."
Jack: "But this young man is Bill Gates's son-in-law."
President : "Ah, in that case....."
This is how business is done!!
Monday, October 10, 2005
Streamyx Modem on Sale!
Is your modem got blasted by lightning? Did your broadband service provider did not give you a modem? No worries - ADSL Modem for sale!
Aztech Modem
Brand: Aztech
Product: DSL600E ADSL 2/2+ Ready Ethernet Modem
Specification: Sirim approved for Streamyx connections
Feature:
(1) ADSL 2/2 + Ready (Future proof for higher bandwidth demands)
(2) Ideal for home networking
(3) Simultaneous usage of phone and internet
Package:
(1) ADSL modem
(2) Easy start manual
(3) Ethernet cable
(4) Telephone cable
(5) Installation CD
(6) Power adapter
(7) Microfilter
(8) Warranty with valid receipt dated 5 October 2005 from FCC Technology Sdn Bhd, 2nd Floor, IT World, Mid Valley Megamall
Reason for selling: The modem was mistakenly bought =o(
The package
Aztech Modem
Brand: Aztech
Product: DSL600E ADSL 2/2+ Ready Ethernet Modem
Specification: Sirim approved for Streamyx connections
Feature:
(1) ADSL 2/2 + Ready (Future proof for higher bandwidth demands)
(2) Ideal for home networking
(3) Simultaneous usage of phone and internet
Package:
(1) ADSL modem
(2) Easy start manual
(3) Ethernet cable
(4) Telephone cable
(5) Installation CD
(6) Power adapter
(7) Microfilter
(8) Warranty with valid receipt dated 5 October 2005 from FCC Technology Sdn Bhd, 2nd Floor, IT World, Mid Valley Megamall
Reason for selling: The modem was mistakenly bought =o(
The package
Selling price: RM100! (Purchase price: RM160)
Recap of Salem's Revelation 2005 Rave 20 Aug 2005
Check out what's kewl in this month's issue of Faces.
Faces
Our faces are published on the centre of coz! From left: Me, Him, Lydia and Hen (Tay).
Faces - Salem Revelation 2005 at Port Dickson 20 Aug 2005
Faces
Our faces are published on the centre of coz! From left: Me, Him, Lydia and Hen (Tay).
Faces - Salem Revelation 2005 at Port Dickson 20 Aug 2005
Congrats Wesley and Evienne!
8th of October is a good day to get married. In the morning when I got to work near KLCC I could see a groom driving a Merc SLK convertible with his newly wed chick beside passed thru my car to Mandarin Oriental. In the evening, attended the greatest day of Mr. Wesley and Evienne Teo - they finally tie their knots at age of er.. 24! Venue was Holiday Inn, Glenmarie.
Bridegroom giving speech.. Fuuh a very handsome photographer, according to most girls there
The champagne pouring session
Kampaiiii! Siew Kong also there!
I met with alot of my Taylor College mates, and even a school mate. He's currently doing good in IT business and how he met Wesley? - In modifying cars business. I missed out the opportunity to see what sort of sports car is he driving now.
The crowd on that day was average, but the spirit was more than ever. Unlike "mature" generations of rather keeping the party as "professional" as possible, the people who attended the wedding was rather very active indeed. Cheering sessions on everytime were so disturbing, that I had to pause in the middle of conversation with my friend for them to pass, most of them lasted more than 20 seconds.
I guess they are one of the fastest Chinese couples here in Malaysia to get married. As for me, I have no idea or not even dreamt of being married until I'm 30 over. How about you?
Bridegroom giving speech.. Fuuh a very handsome photographer, according to most girls there
The champagne pouring session
Kampaiiii! Siew Kong also there!
I met with alot of my Taylor College mates, and even a school mate. He's currently doing good in IT business and how he met Wesley? - In modifying cars business. I missed out the opportunity to see what sort of sports car is he driving now.
The crowd on that day was average, but the spirit was more than ever. Unlike "mature" generations of rather keeping the party as "professional" as possible, the people who attended the wedding was rather very active indeed. Cheering sessions on everytime were so disturbing, that I had to pause in the middle of conversation with my friend for them to pass, most of them lasted more than 20 seconds.
I guess they are one of the fastest Chinese couples here in Malaysia to get married. As for me, I have no idea or not even dreamt of being married until I'm 30 over. How about you?
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