Group Lotus ties up with Renault F1

 Accountability, Environment, Malaysian finance/business, Public transport  15 Responses »
Dec 272010
 

Now what do you make of this? Proton’s wholly owned subsidiary Group Lotus plc is tying up with the Renault F1 team. We should learn the lessons from Honda, Toyota and BMW quitting Formula One. See this BBC report: Toyota has confirmed that it is pulling out of Formula 1 racing after posting its worst financial loss. The world’s largest car manufacturer will concentrate on its core business. Toyota president Akio Toyoda said the Japanese team had no option but to pull out citing “the current severe economic realities” affecting the world. The team failed to win any of the 139 races it entered after making its F1 debut in 2002 but was fifth in the 2009 constructors’ championship. Toyota’s withdrawal leaves the sport with no Japanese team after Honda left F1 at the start of the 2009 season. They become the third manufacturer to quit the sport in the [Read more]

Penang port X’mas bonanza for Bukhary

 Accountability, Neo-liberal economics, Public transport  45 Responses »
Dec 242010
 

Look what Santa pulled out of his sack – again – for Syed Mokhtar Al-Bukhary! The well-connected tycoon, the eighth wealthiest Malaysian with a net worth of RM5.3 billion according to Forbes, has reportedly landed Penang Port, days after his MMC, along with Gamuda, was awarded the job of KL MRT project delivery partner. See Insider report here. The news is made public at a time when most Malaysians are in holiday mode and soon after MCA president Chua Soi Lek was appointed as chairman of Penang Port Commission. The chairman of Penang Port Sdn Bhd is Hilmi Yahaya, a Penang state assembly member from Umno. Redza Rafiq Abd Razak,a PPSB director, is the head of the Umno Cyberjaya Centre branch and Chief Executive of The Northern Corridor Implementation Authority Appallingly, the port has not been handed over to the Penang state government to manage. The federal government had already [Read more]

Wikileaks and ‘The War You Don’t See’

 Accountability, Europe, Iraq, Media, Militarism, United States  31 Responses »
Dec 222010
 

It’s time for people to come out and defend the work of Wikileaks. Many governments are often afraid that people might find out the ugly truth about what they are actually doing. Award-winning journalist John Pilger interviews Wikileaks founder Julian Assange and discusses the hidden, almost permanent state of war that most people do not see. Among the Wikileaks disclosures in the video-clip (part six): watch the Apache gunship cockpit video footage showing how Reuters news reporters/cameramen in Iraq are gunned down on the streets. And the reaction? “Nice.” And look at how those who try to remove the bodies and save the critically wounded are treated. These are war crimes. Below are parts six and seven of a seven-part series of the ‘War You Don’t See’. Some 700,000 have signed a global petition by Avaaz.org to defend Wikileaks. The organisers are targeting one million signatures.

TWO nuclear power plants by 2022

 Accountability, Development issues, Energy resources, Environment  53 Responses »
Dec 192010
 

The BN government wants to build two nuclear power plants by 2022. But the nuclear option just doesn’t make sense. The costs and the risks are too high. Imagine, we can’t even resolve ceiling leaks in Parliament! How much will these plants cost? Who will profit or benefit from the construction? And will Putrajaya be considered as a site for these plants so that the PM and his Cabinet can gaze with pride at them everyday? After all, they love these huge projects, don’t they? Putrajaya itself was a mega project. See this Bernama report: Malaysia Plans To Establish Two 1,000MW Nuclear Power Plants By Alan Ting and Tengku Noor Shamsiah Tengku Abdullah KUALA LUMPUR, Dec 19 (Bernama) — Malaysia plans to build two nuclear power plants that will generate 1,000 megawatts each with the first plant ready for operation in 2021 and the second plant, a year later, as [Read more]

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