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Monday, 29 December 2014

AirAsia flight QZ8501 disappearance caps horrendous 2014 for Malaysia-affiliated airline!


AirAsia flight QZ8501 lost contact with air traffic control at 7.24am yesterday. There were 162 people on board - 155 passengers, and 7 crew members. The plane was last seen between the Indonesian island of Belitung, and Pontianak in Borneo. There was bad weather over Belitung at the time.

Key points:

- An AirAsia flight QZ8501 from the Indonesian city of Surabaya to Singapore lost contact with air traffic control on Sunday at around 6:17 am local time.

- AirAsia has established an emergency call center. The number is +622129850801.

- Plane requested to deviation due to bad weather before contact was lost

- Plane is carrying 162 people - 155 Indonesian, three South Koreans, one French, one Malaysian, one Briton and one Singaporean.

Briton Choi Chi Man and his two-year-old daughter feared missing on the Air Asia plane was only on board because there was no room on an earlier flight, friends said. His wife and son flew on earlier flight.

Mr Choi, who is originally from Hull, Yorkshire, lives in Singapore but works in Indonesia where he is a unit managing director for electronic manufacturing firm Alstom Power.

An engineering graduate of Essex University, his parents still live in Hull, after emigrating from Hong Kong, and he is understood to have a brother and sister in the UK. - the Daily Telegraph



AirAsia,has been operating in Indonesia for 10 years, is 49% owned by Malaysia-listed AirAsia Bhd. The remaining stake is held by an Indonesia company that has 3 individuals as shareholders: Pin Harris with 20%, Senjaya Wijaya with 21% and a privately held entity PT Fersindo Nusaperkasa with 10%

The private company is believed to be linked to Riza Chalid, a tycoon said to have close links to Probowo Subbianto, who put up a strong challenge against Joko Widodo for the presidency post recently.

The incident caps a disastrous year for Malaysia-affiliated airlines.

Malaysian Airlines Flight MH370 went missing on March 8 on a trip from Kuala Lumpur to Beijing with 239 passengers and crew on board and has not been found.

On July 17, the same airline's Flight MH17 was shot down over Ukraine, killing all 298 people on board.

Experts compare disappearance to vanished Malaysia Airlines flight MH370

Google The last communication between QZ8501's pilot and air traffic control was when he requested to increase his altitude to 34,000 feet due to bad weather
Weather: The last communication between QZ8501's pilot and air traffic control was when he requested to increase altitude due to bad weather
View image on Twitter

Hours after the disappearance of QZ8501 aviation experts have begun comparing the incident with still-missing Malaysian Airlines MH370.

Like MH370, the AirAsia flight disappeared from radars and made no further communication with Air Traffic Control - not even an emergency “squawk”.

Yesterday aviation expert Peter Stuart Smith said it was strange that QZ8501 had made no further contact was made with Air traffic control.

“Even if we assume that the aircraft did encounter such incredibly adverse weather conditions that it broke up in midair or the conditions led to the pilots losing control, there are still a number of questions that need answering,” said Mr Smith.

“Obviously the first priority for the pilots is to fly the aircraft but relaying a message to Air Traffic Control (ATC) about what’s happening only involves depressing a single button on the control column and simply speaking.

“It would also only take a few seconds to squawk 7700 (emergency) on the SSR box which would alert ATC to there being a problem -although not what the problem was.”

Passenger who boarded Flight QZ8501 joked 'goodbye forever' to pal hours before plane vanished
A passenger who boarded missing Flight QZ8501 joked "goodbye forever" to a pal hours before the plane vanished en route from Indonesia to Singapore.

The distraught friend, a man in his 20s, told Indonesia's TV One on Sunday: "This morning, before I went to pray, one of them called me and jokingly said: 'See you in the new year and goodbye forever'.

"That's all and then the bad news came."

The man said he had planned to go on the trip but cancelled it two weeks ago because he was busy.
"I have two friends who were with five family members," he said tearfully.

"Yes, I planned to spend (New Year's Day) in Singapore actually.

"I hope for a miracle and may God save them all.

"I should have gone with them but I cancelled it two weeks ago as I had something to do."

Full coverage: AirAsia's Flight QZ8501 Lost Contact

AirAsia plane with 162 people on board missing



 
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Saturday, 27 December 2014

Sony comedy film: The Interview looms cyber war as US-N.Korea tension spikes

The Interview is a 2014 American political comedy film directed by Seth Rogen and Evan 
Goldberg in their second directorial work, following This Is the End. The screenplay by Dan Sterling is from a story by Rogen, Goldberg and Sterling. The film stars Rogen and James Franco as journalists instructed to assassinate North Korean leader Kim Jong-un (played by Randall Park) after booking an interview with him. It received mixed reviews from critics.

In June 2014, the North Korean government threatened "merciless" action against the United States if the film's distributor, Columbia Pictures, went ahead with the release. Columbia delayed the release from October 10 to December 25, and reportedly edited the film to make it more acceptable to North Korea. In November, the computer systems of parent company Sony Pictures Entertainment were hacked by the "Guardians of Peace", a group the FBI believes has ties to North Korea. After leaking several other then-upcoming Sony films and other sensitive internal information, the group demanded that Sony pull The Interview, which it referred to as "the movie of terrorism". On December 16, 2014, the Guardians of Peace threatened terrorist attacks against cinemas that played The Interview.

On December 17, after a number of major North American cinema chains canceled screenings in the interest of safety, Sony canceled the theatrical release of The Interview, drawing criticism from the media, Hollywood figures and U.S. President Barack Obama. After initially stating that it had no plans to release the film, Sony made The Interview available for online rental on December 24, and in a limited release at selected cinemas on December 25. - Wikipedia



 Cyber war looms as US-NK tension spikes

North Korea's Internet and 3G networks were back to normal by midday Tuesday after hours of a strange shutdown. This blackout led to speculation that North Korea had been under cyber-attack from the US. It remains unknown whether the purported US-North Korea conflict will flare up into full-blown cyber war.

Sony Pictures, which has caught global attention for filming The Interview, a movie featuring the fictional assassination of North Korean leader Kim Jong-un, was attacked by a group of hackers recently. The FBI asserted that these hackers were sponsored by North Korea, and US President Barack Obama declared the US would make a "proportional response." Thus, there are high suspicions that Washington is behind the attack.

Neither Washington nor Pyongyang has commented officially on the incident. There are more threats to cyber security than ever before, and hacking groups not backed by governments have become mainstream. Countries like the US have established cyber armies, but there has been no declaration of a cyber war so far. Any party suspected of launching cyber invasions using its regular cyber army always denies its involvement.

We hope that Washington and Pyongyang will not engage in war in cyberspace. Once they cross the Rubicon, there is no way back.

The current suspected tit-for-tat situation between North Korea and the US raises the risks of a cyber war. Pyongyang has shown its abomination toward Sony Pictures. However, having denied any connections with the attacks, it hailed these actions as justified.

Washington has revealed its inclination to retaliate against Pyongyang, which is why many assume the Internet blackout in North Korea was its doing. Washington's response could be an overreaction, as it is implying that cyber attacks can be seen as a kind of legitimate state action, which will set a precedent for cyber wars.

Antagonism between North Korea and the US will remain a hot topic for quite a while in the international community. If more cyber attacks are launched in the near future, many people will believe that a cyber war between them has already broken out. It is possible that Washington is trying to teach Pyongyang a lesson and show its strength through cyber attacks. But it must keep in mind that its advanced networks also have loopholes, which might be taken advantage of by a single hacker and a computer.

The US must not set an example by engaging in cyber warfare. It might prevail in the short term, but the already vulnerable Internet order will be mired in countless trouble.

This North Korea-US cyber conflict has also reminded China that it must reinforce its cyber security and act as a constructive role to guard peace across the Internet. As for the speculation that it was China that cut off North Korea's Internet connections, these are spurious and do not merit our attention.- Global Times

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Information technology players believe Malaysia is beginning to tap into the potential of the Internet of things. KUALA LUMPUR: Social m...

Long breaks aplenty Malaysians already eyeing for long holidays in 2015

Businesses brace for loss in productivity

KUALA LUMPUR: As Malaysians enjoy the year-end holidays spanning Christmas, the weekend and on to the new year, they can look forward to more such long weekends next year.

With 13 national holidays and 23 state holidays next year falling on either Thursday, Friday, Saturday, Sunday or Monday, there are easily seven “long weekends” if one plans for them.

January’s long stretch comes from Prophet Muhammad’s Birthday (Saturday, Jan 3) falling close to New Year’s Day (Thursday).

Chinese New Year (Thursday and Friday) will provide the extended break for February, while May’s rest from labour comes from Wesak Day (Sunday) coming two days after Labour Day (Friday).

Hari Raya Aidilfitri is expected to fall on the third Friday and Saturday of July, while National Day is on the last Monday of August.

Hari Raya Haji falls on a Thursday in September, while in states like Kedah, Kelantan, Perlis and Terengganu, Hari Raya Haji is observed for an additional consecutive day.

For states observing Sunday as rest day, November’s extended break could come from Deepavali, which falls on a Tuesday.

And the year ends with a second celebration of the Prophet Muhammad’s Birthday, which falls on Christmas Eve due to a shortened Muslim calendar next year.

Businesses are bracing for some impact on productivity as they anticipate employees will apply for additional leave to create their own extended breaks.

Malaysian Employers Federation (MEF) executive director Datuk Shamsuddin Bardan stressed it was critical for companies to plan ahead for these long stretches in order to maintain output and productivity.

“Companies need to work together with their employees so there would not be any major losses,” he said.

Meanwhile, Small and Medium Enterprises (SME) Association of Malaysia national president Teh Kee Sin said there would usually be a productivity drop of between 20% and 30% during long holiday periods.The only thing we dread are holidays that are declared at the last minute as these do not provide us enough time to prepare. — Teh Kee SinThe only thing we dread are holidays that are declared at the last minute as these do not provide us enough time to prepare. — Teh Kee Sin

“In fact, many SMEs limit the number of public holidays to no more than 14 days a year.

“According to labour laws, employees in the private sector are entitled to 10 public holidays, with Labour Day, the King’s birthday, the Sultan’s birthday (state holiday) and National Day being compulsory holidays,” he said.

“The only thing we dread are ‘holidays’ that are declared at the last minute as these do not provide us enough time to prepare,” he added.

With 14 national holidays covering 16 days, Malaysia is in the global top 10 in terms of number of public holidays, with one survey ranking us at seventh.

Malaysians already eyeing next year's holidays

PETALING JAYA: Even as they are vacationing, Malaysians are already planning for next year’s holidays.

Malaysian Association of Tour and Travel Agents (MATTA) vice-president of ground transportation Jayakumar S. Sinnadurai said companies have started making reservations with travel agencies for their corporate trips.

“We have received bookings for the weekends extended by celebrations such as, Wesak Day (Sunday) and Chinese New Year,” he said.

“Islands in the east coast of the peninsula like Pulau Tioman, Pulau Kapas and Pulau Perhentian are popular choices.”

National Tourism Council of Malaysia vice-president Jimmy Leong Wie Kong claimed that more companies are organising such trips as a form of incentive for employees.

“Long weekends are great as they do not restrict company trips to just nearby locations,” Leong said.

“Such incentive trips help in employer-employee bonding and are increasingly popular.

Individuals are also planning their “escapades”.

Web designer Ivan Tong Tian Shen, 26, is looking forward to his next hike.

“I went on a 14-day trek on the Annapurna trail in Nepal earlier this year with a bunch of good friends,” he said.

“I was captivated by the breathtaking view and want to relive the experience.”

Banking executive Grace Chu, 25, who works in Kuala Lumpur, is hoping for more than just one visit from her parents in Sabah this year.

“Since they live so far away, I usually only get visits from them once a year,” said Chu, who misses her mother’s cooking.

Then there are those who just need a break.

Undergraduate Ng Lai Quan, 20, who is also an administrative and marketing assistant, said it was very stressful to study and work at the same time.

“I’m lucky to be able to manage my time but it leaves me exhausted every day when I get home,” said Ng, who is pursuing a degree in business management in Klang.

“I am grateful for these extended weekends because they give me time to rest.”

Despite all the enthusiasm for travel, MATTA is still priming itself for a weak first half for next year, business-wise.

“It is going to be a challenging year ahead. The weakening ringgit and the imposition of the Goods and Services Tax will definitely affect the tourism industry,” said MATTA president Hamzah Rahmat.

According to Hamzah, some upside including a return to normalcy is expected in the second half of 2015, after consumers are accustomed to the changes.

Borneo Trails Travel and Tours Sdn Bhd managing director Datuk Tan Kok Liang also believed that the weaker ringgit would discourage outbound travel.

By Sesiree Tresa Gasper and Adrian Chan The Star/Asia News Network

The game-changing trends: social media, cloud, big data in information technology

Information technology players believe Malaysia is beginning to tap into the potential of the Internet of things.

KUALA LUMPUR: Social media, the cloud and big data will be the game-changing trends that will transform Malaysia’s information and communications technology (ICT) industry and spur further growth of the Internet of Things (IoT) next year, says industry players.

National ICT Association of Malaysia (Pikom) chairman Cheah Kok Hoong said Malaysia had started to tap into the rapidly growing potential of IoT, which could be a new economy by itself covering business areas such as embedded device manufacturing, connectivity infrastructure and application deployments.

He said the trend would provide a new opportunity to position the country as the hub for regional IoT innovation projects in South-East Asia.

However, companies would be increasingly challenged by new factors on the back of business agility that came with mobility, security, analytics, and miniaturisation of devices and millennial generation aspirations, he told Bernama.

“Adoption of cloud solutions will also move from conceptual to the practical stage.

“As predicted by International Data Corp’s global market intelligence, Malaysia’s big data market is anticipated to hit not less than RM75mil but many businesses have yet to consider big data as a big business for their organisation and it thus remains at a tactical level,” he added.

IT spending registered significant growth as reflected in the growth of value-added services, which are expected to grow about 13.6% in 2014 to RM68bil from RM59.8bil in 2013.

Cheah said the overall ICT services sector was also projected to grow at 12.7% in 2015 to RM77.7bil.

Meanwhile, CA Technologies South Asia vice-president Chua I. Pin said the country was entering an era where IT had become the central source of revenue for businesses.

He said 2015 would see a shift in the way businesses structured themselves, looking for new engagement and revenue opportunities using connected devices, big data and analytics, and underpinning these new models would be a fundamental shift in the way software is developed and deployed.

“Software will continue to become the primary way that consumers interact with businesses, which would evolve dramatically in 2015 as businesses become more competitive to reach out to their clients, and we will see apps shifting from simply helping people make decisions to being able to predict what people need,” he said.

Cheah added that with the need for more sophistication in the ICT industry, human capital remained the main challenge in the industry towards achieving high-income nation status.

There is a persistent and widening gap of remuneration packages for ICT professionals between Malaysia and neighbouring countries such as Vietnam and Thailand, coupled with the declining number of ICT graduates, he said.

He said although the new trends such as big data and social media had created many new job functions in high demand, the nation still faced a lack of skilled talent in the market. — Bernama

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Monday, 22 December 2014

Education: alleviating poverty or causing it, funding children with retirement fund?

It is not prudent to fund children’s education with your retirement fund

EDUCATION is the social game changer. In poor countries, it alleviates poverty. In developing nations like Malaysia, a more educated population can catapult us to developed status.

Scores of parents are striving hard to send their children to international schools to gain the holistic education, have better choices of tertiary institutions and have access to better paying jobs.

Borrowing future funds

Sending children to international schools is deemed the ticket out of mediocrity in Malaysia and to have a fighting chance in the global job market. But to what end?

Whether it is using EPF savings or selling off property to fund children’s private or international school education, this can be costly to many middle-class parents. While it may be acceptable to borrow funds to ensure our children get better secondary or tertiary education as they can always pay off the loans when they become employed, it is harder to replace “lost” retirement funds.

Therefore, it is not a prudent move to use funds meant for retirement as the fund is most needed when the “parents” are not at income-generating age any more.

Prioritising funds

With today’s Gen X-ers who are becoming parents at later age, we not only have to nurture our children but also care for our ageing parents whilst saving for our retirement. Prioritising investments is key.

1. Be realistic. Parents want the best for our children. If education savings are started early to take advantage of compounding effect, that’s great. If funds only permit an overseas tertiary education, then find the best local education option as our children can still experience holistic learning during university years abroad.

2. Gen Y-er parent, start investing now into a diversified portfolio. It is already too late if you have not started, as the cost of education will only increase.

3. Education is not just about getting the paper qualification. It is about learning. Parents can show kids new ways to learn without busting purses. Take advantage of free online courses like TedTalk or Khan Academy and “experiences” offered by museums, art galleries, nature trips and even playtime in the park.

By CHEONG WAI KUAN, VICE-PRESIDENT OF SUCCESS CINCEPTS LIFE PARTNERS

The writer can be contacted at info@successconcepts.biz / http://www.successconcepts.biz/ The Star/Asia News Network

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