Feb 1, 2018 - TO LAUNCH NEW. MH370 SEARCH. The U.S. team on Ocean Infinity .... Astro Malaysia Holdings tumbled. 1.12%.
BIZ FUTURE FEB 2018 | ISSUE 2 | VOLUME 1
CLICK TEXT TO READ Business Deals Mergers Malaysia Book Review MH370
LET THE SEARCH BEGIN Portrait:
Biz Future
- A division of Worldfuturetv.com
BIZ FUTURE
U.S. TEAM READY TO LAUNCH NEW MH370 SEARCH The U.S. team on Ocean Infinity plans to begin its search for the missing aircraft in a 9,600-sq-mi area first. If it does not find the debris field in that area, it will continue searching northeast along the so-called seventh arc, in the Indian Ocean off western Australia. And this time, they say, it will do all it can to find the wreckage as its 'Only option' is to find missing plane. The new search area is determined by the Australian Transportation Safety Board (ATSB). The search will occur further north and wider than the twoyear search of 46,300 sq mi that ended in January 2017.
Experts believe the aircraft likely ran out of fuel along that arc, where the last ‘handshake’ occurred between the airliner and an Inmarsat ground station in Perth, via its satellite over the Indian Ocean. All other contact with MH370 had ceased hours earlier, said official reports. But some family members of the victims believe the aircraft could be in another area, further from Australia and nearer to Mauritius. (Click here to read). An Australian oceanographer at the CSIRO has suggested a new search area for MH370, where the Ocean Infinity vessel will focus its efforts. Plans call for Ocean Infinity to concurrently deploy up to eight
BIZ FUTURE
SATELITE IMAGERY HELPED DEFINE SEARCH AREA multi-sensor, untethered autonomous underwater vehicles (AUVs) made by Kongsberg Marine, from a host ship leased from Norwegian company Swire Seabed. Unmanned surface vessels (USVs) also play a part of the operation. The AUVs will search 460 sq mi per day at depths up to nearly 20,000 feet, or 10 times the rate achieved by the previous search and nearly 5,000 feet deeper. The ATSB has concluded that the Boeing 777 made a steep final descent toward the ocean, although it still hasn’t
determined whether or not it broke up before impact. The ATSB has worked with oceanographers who performed drift analysis, and geospatial analysts who examined satellite imagery of possible wreckage on the ocean surface, to help define the new search area. So far authorities have recovered 27 pieces of aircraft wreckage from beaches in East Africa, La Reunion, Madagascar, and Mauritius, most of which likely came from MH370, including the right flaperon and the immediately adjacent section of the outboard flap.
CLICK ON MAP TO READ
BIZ FUTURE
SLOWING GDP GROWTH? The Oct-Nov 2017 data imply slower fourth quarter of last year (4Q2017) GDP growth in Malaysia on the back of slowdown in industrial production growth from +5.9% year-on-year (Y-o-Y)in the third quarter(3Q 2017) to +4.2% YoY in Oct–Nov 2017. This was due to slower growth in manufacturing (Oct-Nov 2017: +5.4% YoY; 3Q 2017: +7.1% YoY) and mining (OctNov 2017: +0.5% YoY; 3Q 2017: +2.5% YoY) amid steady growth in electricity (Oct-Nov 2017: +4.3% YoY; 3Q 2017: +4.4% YoY). Other key indicators also moderated in Oct-Nov 2017 e.g. deceleration in retail trade index (Oct-Nov 2017: +8.5% YoY; 3Q 2017: +10.4% YoY) pointing to slower real private consumption growth in 4Q 2017; slower growth in volumes of exports
(Oct-Nov 2017: +11.4% YoY; 3Q 2017: +14.1% YoY) and imports (Oct-Nov 2017: +12.8% YoY; 3Q 2017: +13.3% YoY) suggesting moderation in 4Q 2017 real exports and imports of goods and services. The notable exception is the surge in palm oil output (4Q 2017: +22.8% YoY; 3Q 2017: +8.9% YoY), implying faster agriculture sector growth in 4Q 2017. “Overall, this is consistent with our full-year 2017 real GDP growth estimate of +5.8% (Jan-Sep 2017: +5.9%), which priced in slower 4Q 2017 (3Q 2017: +6.2% YoY), followed by +5.3% growth in 2018,” said Maybank IB Research. The Nikkei Malaysia Manufacture PMI came in at 49.9 (Nov 2017: 52.0) with the survey noting a contraction in new orders. READ FULL STORY HERE
BIZ FUTURE
INVESTORS CASHING IN The Malaysia stock market has moved higher in three straight sessions, gathering almost 20 points or 1 percent along the way. The Kuala Lumpur Composite Index now rests just above the 1,825-point plateau, although investors may cash in today, said RTTnews. The KLCI finished slightly higher on Monday following gains from the financial shares and the plantation stocks. For the day, the index added 3.24 points or 0.18 percent to finish at 1,825.91 after trading between 1,824.56 and
Volume was 5.4 billion shares worth 3.3 billion ringgit. There were 685 decliners and 378 gainers. Among the actives: IJM Corporation plummeted 4.38% Genting Malaysia spiked 2.01% YTL Corporation soared 1.35% Petronas Chemicals jumped 1.24% Astro Malaysia Holdings tumbled 1.12% READ FULL STORY HERE
BIZ FUTURE
PDZ: INDONESIAN VENTURE ON
The plague of unsold houses in Malaysia
While property demand has started recovering, the sector’s fundamentals remain weak with the market plagued by a huge number of unsold houses and other properties. The country has RM12.3 billion of Unsold completed residential units, a record high in Malaysia. Of these unsold stocks, 68,245 units or 66% were still under construction.and 14,776 unsold units are yet to be constructed Unsold residential property stocks at the end-1H17
first half of 2017) continued to rise by +24% year-on-year (YoY) (but -2% quarter-on-quarter – QoQ) to 103,897 units (KL +2% QoQ, +26% YoY; Selangor +11% QoQ, +44% YoY; Johor -6% QoQ, +36% YoY; Penang -6% QoQ, +20% YoY). Auction properties (including land) for sale were also on the rise at +11% YoY at end-9M17 ninemonths of 2-17 (source: AuctionGuru.com) indicating a challenging property market. READ FULL STORY HERE
BIZ FUTURE
PORTRAIT
PDZ: INDONESIAN VENTURE ON Leeds born Amirah of Arca My mentor in real life is also my mentor at work, says Leeds born Amirah and boss of Arca. Spending about eight years and most of her teen time in Melbourne for her tertiary education, Amirah the eldest child of Che Azizuddin is now the chief executive officer of Arca Corporation Sdn. Bhd. (Arca), a family business. What got Amirah to progress
within the family business was the experience gained abroad and the parental mentoring, something that she holds in high esteem. Amirah explains her rise as CEO of a well-oiled family entity saying: “My mentor in real life is also my mentor at work.” And as part of this family orientation, Amirah told WFTV she was never forced to get
BIZ FUTURE
Gain knowledge outside, then come back: Amirah
PDZ: INDONESIAN VENTURE ON involved in any venture that she did not have any interest in. “What is really powerful in our family business is, we are never told to get involved with the industry that we have no interest in. In fact, we ventured in what is passionate to us. That is why we have a diverse business portfolio.” Amirah holds a degree in Bachelor of Arts (Media and Communication) from the University of Melbourne, obtaining her Master’s in Business Administration (MBA) from the Royal Melbourne Institute of Technology. Before joining the family business in 2011, she served as a Management Executive at Outfit Recruitment in Melbourne before joining Bates 141 Worldwide as part of their client servicing team in the Kuala
Lumpur office. “The idea is for you to gain some knowledge and experience outside. It is only when you are ready that you will then come to help the family business,” said Amirah, who also holds the directorship of other companies under the Arca Group. The 31-year-old explained that the name of Arca is created from the name of seven daughters which start with the A alphabet, followed by her mother’s name Ramlah, and alphabet C for the name of the men in their family – Che Azizuddin and Che Aiman. “There is only one reason for choosing this name. The men are always behind the women to support and protect them,” said Amirah who was born in Leeds, United Kingdom. CLICK TO READ THE FULL INTERVIEW HERE
BIZ FUTURE
Silicon-rich water may help lower aluminium levels in MS patients Spritzer bottled water, which is silicon-rich mineral water, could facilitate the removal of aluminium from the body via urination. “Drinking silicon-rich mineral water can help remove excess aluminium from multiple sclerosis patients, according to a study backed by a Malaysian company,” says the study. The paper focused on patients with secondary progressive multiple sclerosis (SPMS), a chronic autoimmune condition for which there are limited therapeutic options, due to its unknown origin. Patients have been shown to have unusually high levels of aluminium in their urine, supporting a previously found link between MS and human exposure to aluminium and
Click here to watch this video of Spritzer's POP features SPRITZER POP suggesting a high body burden of aluminium in SPMS sufferers. At the same time, silicon-rich mineral water has been shown to facilitate the removal of aluminium from the body via urination, the paper said. Based on this, researchers at the UK’s Keele University and Austria’s Medical University of Innsbruck sought to test the efficacy of silicon-rich mineral water in SPMS patients. Silicon versus sclerosis They conducted a study on 15 SPMS patients (seven male, eight female) aged 52 to 73. The study included a 12-week
BIZ FUTURE
Females to benefit more drinking silicon-rich water baseline period followed by a 12-week treatment period, during which each participant consumed up to 1.5 litres of silicon-rich mineral water daily. The researchers subsequently observed that regular consumption of silicon-rich mineral water significantly increased 14 of the 15 patients’ urinary excretion of aluminium, when compared with the baseline period. The researchers also observed that the female participants excreted “significantly more aluminium” during the baseline period than the male participants, which they said “suggested a higher body burden of aluminium in females”. They added that since the incidence of MS was higher in
females, it was possible that their higher body burden of aluminium predisposed them to the disease. Limited evidence for the long term. While drinking silicon-rich mineral water for 12 consecutive weeks did cause more aluminium to be removed from the SPMS patients via urination, the researchers said this “provided limited evidence” that this could help them reduce their body burden of aluminium in the long run. Regarding the gender difference, they wrote: “Metabolomic profiling may in the future reveal further gender differences in MS, some of which may also shed some light on how aluminium is handled by the body in MS.”
Contact:
[email protected] Tel : 0122012981 Nazaruddin HM Office : 03 26924313 Click here; http://www.ibctours.com
Mention: WFTV when you book at IBC Tours
