Proton aims to reclaim pole position in Malaysian auto market

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Proton aims to reclaim pole position in Malaysian auto market

ASEAN+ July 16, 2018 01:00

By The Star
Asia News Network

A COMPLETE mindset change must precede Perusahaan Otomobil Nasional Bhd’s (Proton) plans to recover lost ground in Malaysia.

The company seems to be pining for a return to its glory days when it held pole position in terms of market share back then when it was the most-sold car in the country at one time.

Indeed in this area, Proton is ambitious as ever and its plans had been clearly articulated by its chief executive officer Li Chunrong at an interview last week.

Speaking with a moderately accented English, Li proclaimed that the company wants to be No 1 in its home market once again and will move up the value chain. Li says that he expects the Proton SUV to eventually beat the popular Honda CR-V.

“In mainland China, the Boyue (of which is the Proton SUV is based on) consistently outsells the Japanese marques,” Li says.

While not yet confirmed, there have been rumours flying about on social and mobile media that the Proton-SUV would be priced very competitively at below the 100,000 ringgit mark.

Honda’s CR-V is priced from 134,000 ringgit.

Li also boldly says that the company does not see Perodua as a competitor anymore but rather the likes of Honda.

However, analysts say that a mindset change among Malaysian buyers is key to turning the situation around for Proton.

“While the pricing proposition is important, the company would also need to show that they are offering value to the Malaysian people.

“They would need to change the mindset that had been associated with the Proton brand name which had been affected due to legacy issues,” an automotive observer says.

“Also note that the Malaysian people today are generally more well off compared to the period when Proton was first launched when Japan’s Mitsubishi was its minority joint venture partner.

“So there are several factors at play other than price but they can win back market share if they are able to restore the brand name,” he adds.

Li also says that the company would like to put more focus on improving its exports and has regional ambitions for the Asean market.

“Malaysia is a small country, if you compare it with the size of the China market, the population size is only like a province. So we have to set our eyes on the export market.

“We are expecting to increase exports by four times thus far from a small 250 last year,” Li says.

“This year, I forecast we will export more than 1,000 Proton cars. But this is not enough for us,” he adds.

It was reported earlier in the week that Proton has resumed exports to the Middle East, marking the first time it has done so since formalising its partnership with Zhejiang Geely Holding Group.

The first shipment of 453 cars will arrive in Aqaba in Jordan where they will then be distributed to Iraq and other neighbouring countries.

Indeed, the Middle East may be the key to improving Proton’s export numbers because of the common Islamic market theme.

Li said in a statement earlier that the demand for cars from this region is anticipated to grow and will help boost its export markets.

Initiative of farm tourism taking root in the Philippines

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http://www.nationmultimedia.com/detail/asean-plus/30350113

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Initiative of farm tourism taking root in the Philippines

ASEAN+ July 16, 2018 01:00

By PHILIPPINE DAILY INQUIRER
ASIA NEWS NETWORK
MANILA

THE PHILIPPINES hopes to boost farm tourism as it hosts the Global Farm Tourism Summit from July 17 to 19 at the Summit Ridge Hotel in Tagaytay City.

Dr Mina Gabor, president of the International School of Sustainable Tourism (ISST), said the event would be an opportunity for the exchange of ideas and sharing of experiences among the countries, as well as local delegates, participating in the international conference.

She would particularly want to see more local government officials participate so they could learn from their colleagues, who had successfully pursued farm tourism, how the initiative was helping their communities and how it could be adopted in other places.

The former tourism secretary said more Filipino farmers were becoming interested in developing their farms into tourist destinations to supplement their income from crop production. Demand for this kind of travel program was growing, she said.

The idea of organised farm visits was boosted significantly when they decided to call it farm tourism instead of the old agritourism, she said.

With incentives and other forms of support being extended under the Farm Tourism Development Act, more farmers were opening up their land to visitors.

Gabor said Philippine farm tourism destinations had opened up from north to south, with destinations ranging from a small 20-square meter mushroom production venture to vegetable farms like one devoted exclusively to eggplants to orchards and vineyards where people can pick fresh fruits for a fee.

Many farms were drawing both local and foreign tourists and had also become learning centers, Gabor said. Visits by students were organised so they could learn firsthand about farming and farmers.

The summit’s theme, “Managing Climate Risks through Sustainable Farm Tourism,” was very relevant, Gabor said, as farmers were among the most vulnerable to weather disturbances. But they could also contribute significantly to reducing its negative impact through smart, more environment-friendly agricultural practices.

Gabor said farm tourism was not only helping increase farmers’ incomes but was also drawing back to the farms many young people who had turned their backs on their families’ means of livelihood.

She said the young people were usually taking care of the business side of farm tourism, like marketing, financial management and other administrative responsibilities. Traditional farmers, for instance, Gabor said, priced their produce without including the cost of their labor, one reason why their incomes were low.

With their children in charge of the financial aspect of the business, prices of produce had become more realistic as labor cost was now being factored in. Young people were employing new technologies and using social media to increase their farms’ appeal to tourists and to promote them as destinations.

Singapore seeks broker role in funding Asian infrastructure and enterprise

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Singapore seeks broker role in funding Asian infrastructure and enterprise

ASEAN+ July 16, 2018 01:00

By THE STRAITS TIMES
ASIA NEWS NETWORK
SINGAPORE

SINGAPORE is positioned to support the region’s development by financing infrastructure and enterprise in Asia, including bringing in private capital, said Finance Minister Heng Swee Keat.

The republic’s adoption of digital technology can improve transaction efficiency and raise financial inclusion, he added, calling higher access to financial services “a key priority under our Asean chairmanship”.

But, citing the Asian and global financial crises of the past two decades, Heng cautioned that “proper risk management” is also needed.

“As we grow and develop our financial sector to serve the needs in the real economy, we must take proper risk management. At the macro level, to maintain our resilience, we must also be prepared for major disruptions in the global financial markets,” he said, in his keynote address at DBS’ Asian Insights Conference, at the Marina Bay Sands Expo and Convention Centre last Friday.

The minister cited the absence of proper risk management in Asian emerging economies, as well as the United States and Europe, as factors behind the recent crises – “the consequences when financial flows became decoupled from underlying economic needs.”

National, regional and global safety nets for the sector must continue to be strengthened, he said, pointing to processes such as Asean+3 financial cooperation initiatives and the International Monetary Fund’s multilateral support.

“The vitality of the financial sector and the development of the real economy are deeply intertwined,”said Heng, calling for “effective intermediation of capital to channel savings to productive investments.”

He went on to remark that Singapore’s financial sector is now “in the position to support the region’s development, as the economic centre of gravity shifts back to Asia.”

“Done well, developments in infrastructure can help boost productivity and economic competitiveness, lift the long-term potential of the region, and create a better living environment for our people,” he said.

“Traditionally, much of the responsibility for infrastructure investment has fallen on government. But, given the size of these needs, it is not possible for any single government to fund this fully – nor any single bank.”

“We need to crowd in private capital from all sources to accelerate infrastructure development in the region.”

To that end, Singapore has set up the Infrastructure Asia Office and will hold the Asia-Singapore Infrastructure Roundtable in October, he noted.

Private funding will also come into the enterprise sphere, as digital technology sparks new business models and products, Heng said.

DBS chief executive Piyush Gupta delivered the opening remarks at the DBS Asian Insights Conference on July 13, 2018.

Social inequality, rising China among key trends flagged by DBS chief, conference panellists

The Monetary Authority of Singapore “has revised regulations to facilitate the activities of venture capitalists, and to give finance companies greater scope to support small and medium enterprises”, said the minister.

“We are also working with industry players to establish private market funding platforms to enable growth companies to gain better access to a wider network of investors.”

He added that with the rise of digital technology and innovation, financial institutions can not just improve “efficiency in channelling financial flows,” but also facilitate and deepen financial inclusion, especially with a growing middle class in Asia.

Grab’s Tan okay with Go-Jek’s expansion

ศาสตร์เกษตรดินปุ๋ย : ขอบคุณแหล่งข้อมูล : หนังสือพิมพ์ The Nation

http://www.nationmultimedia.com/detail/asean-plus/30350116

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Grab’s Tan okay with Go-Jek’s expansion

ASEAN+ July 16, 2018 01:00

By THE JAKARTA POST
ASIA NEWS NETWORK
JAKARTA

SINGAPORE ride hailing app Grab co-founder Anthony Tan welcomes Indonesian rival Go-Jek’s expansion to other Southeast Asia countries, saying that competition will boost the performance of both Grab and Go-Jek.

“Grab was born into competition, we embrace competition because we believe iron sharpens iron,” Tan said in Singapore on Friday.

When Grab competed only with Uber in Southeast Asia, it was forced to accelerate and focus more on improving its services to customers, Tan added.

Uber expanded to Southeast Asia countries, China and Russia in 2013. But in March 2018, the company sold its Southeast Asian operations to competitor Grab.

“The competition forces you to be more innovative. Customers will not leave you because of competition. They leave you because you do not love them anymore,” Tan said.

Go-Jek recently announced plans to expand its business to four Southeast Asian countries: Singapore, the Philippines, Thailand and Vietnam.

It will use the GoViet brand in Vietnam and Get in Thailand but has yet to announce brands for Singapore and the Philippines.

Man drowns, another feared missing in PD International Challenge event in Malaysia

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Man drowns, another feared missing in PD International Challenge event in Malaysia

Breaking News July 15, 2018 17:56

By The Star
Asia News Network

2,252 Viewed

PORT DICKSON: A 39-year-old man drowned and another has been reported missing while competing in the PD International Challenge event here.

In the first incident at around 8am on Sunday (July 15), Tharm Wai Weng from Penang was taking part in the swimming event when he drowned after covering a distance of 750m.

A police spokesman said Fire and Rescue Department personnel tried to resuscitate the victim but he did not respond.

He was then rushed to the Port Dickson Hospital but was pronounced dead.

In the second incident, 42 year-old Hong Kong national Jeffrey Yuen Chi Yuen was reported missing when he failed to return to the beach after having competed in the swimming event.

“His wife lodged a report with the organisers after failing to find him at the beach, in their hotel room and in the dining area.

“A bicycle which he was supposed to have used in the next event was also in the same place and not used. “In fact, his water bottle was also full and all these indicate that he did not take part in the cycling event,” he said.

A report was then lodged at the mobile police unit and a search was mounted for the victim.

LA police looking into death threat against BTS member

ศาสตร์เกษตรดินปุ๋ย : ขอบคุณแหล่งข้อมูล : หนังสือพิมพ์ The Nation

http://www.nationmultimedia.com/detail/asean-plus/30350104

K-pop sensation BTS
K-pop sensation BTS

LA police looking into death threat against BTS member

ASEAN+ July 15, 2018 15:03

By HONG DAM-YOUNG
THE KOREA HERALD/ASIA NEWS NETWORK

3,998 Viewed

The Los Angeles Police Department is looking into a death threat made against Jimin, a member of K-pop act BTS that is scheduled to perform in the US in September.

US broadcaster NBC News reported Saturday that LAPD has confirmed the matter and is currently looking into it, quoting an officer of the LAPD’s media relations section.

Jimin, a vocalist of the seven-piece boy band, recently received a death threat from an anonymous Instagram user who posted a photo of a gun and a statement that the user plans to shoot the artist at BTS’ upcoming concert in Los Angeles.

It marked the third death threat against Jimin, following similar ones made ahead of the group’s concert in Anaheim in April last year and its Forth Worth concert in May.

The group’s agency Big Hit Entertainment promised fans that it would keep a close eye on the situation and take all necessary measures to ensure the member’s safety.

BTS is scheduled to hold concerts at Staples Center from Sept. 5 to 8 as a part of its sold-out “Love Yourself” world tour that will kick off in Seoul on Aug. 25. After the US stops, the tour will continue in cities such as London, Amsterdam, Berlin and Paris.

Malaysia : Mixed reaction to scrapping of six LRT3 stations

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http://www.nationmultimedia.com/detail/asean-plus/30350100

Malaysia : Mixed reaction to scrapping of six LRT3 stations

ASEAN+ July 15, 2018 13:35

By The Star
Asia News Network

2,812 Viewed

NEWS of the scrapping of six LRT3 stations by the Finance Ministry has drawn mixed reactions from residents living near the stops.

While some welcomed the decision announced by Finance Minister Lim Guan Eng, others believed the stations could have been retained to ease traffic congestion in city centres.

The six stations are Lien Hoe in Tropicana, PJ, Temasya near Glenmarie, Persiaran Hishamuddin and Sirim both in Shah Alam, Taman Perindustrian in Bukit Raja and Bandar Botani, both in Klang.

Among those celebrating the announcement were Temasya Anggun Glenmarie residents who had been strongly against the Temasya station located several metres away from their home.

Temasya Anggun Residents Association chairman Ravindar Singh said they had been opposing the location of the station since September 2017.

They sent letters to the Transport Ministry and the Prime Minister’s office after the recent general election expressing their objection to the station’s location.

Ravindar said they were worried for the safety of the 60 homes in the neighbourhood since the road expansion works to accommodate LRT3 would see roads becoming as close as 1m from some of the houses in the neighbourhood.

“Now that the Temasya station has been scrapped, we hope the government will consider moving the line, 34m away from our homes.

“Even now without the line our homes are close to the road,” added Ravindran.

Construction work for LRT3 is ongoing along Persiaran Kerjaya near Hicom Glenmarie and the Shah Alam Malawati Stadium. — Photos: SSK KANESAN/ The Star

Construction work for LRT3 is ongoing along Persiaran Kerjaya near Hicom Glenmarie and the Shah Alam Malawati Stadium. — Photos: SSK KANESAN/ The Star

He also said there was no need to have four stations within a kilometre range, the other stations include Glenmarie, Persiaran Kerjaya and Stadium (near Malawati stadium).

“The station is also not a park- and-ride facility which would mean that vehicles will be parked haphazardly around the area causing congestion,” he added.

Meanwhile, a resident in Bandar Botanic in Klang E. Selvamani said it was a shame that the LRT station in the neighbourhood had been cancelled.

“There are 10 precincts in this township plus several low-cost flats that could have benefited from the station.

LRT3 works ongoing along Persiaran Kerjaya near Hicom Glenmarie and the Shah Alam Malawati Stadium.

LRT3 works ongoing along Persiaran Kerjaya near Hicom Glenmarie and the Shah Alam Malawati Stadium.

“People from Port Klang could have used this station too. Although the nearest stations are located in Aeon and Tesco Bukit Tinggi, I think this station could ease the congestion over that side,” she added.

Selvamani said the Aeon Bukit Tinggi and Tesco Bukit Tinggi carparks were always crowded and additional vehicles by LRT users would only increase the congestion.

A station in Bandar Botanic would ease the number of vehicles there, she added.

However Bandar Bukit Tinggi Residents Association chairman Gan Ee Chai said he did not see a problem in the situation.

He said geographically, Bandar Botanic and Bandar Bukit Tinggi were close to each other.

One of the construction sites for the LRT3 in Persiaran Dato Menteri where the Shah Alam Convention Centre is located has been partially closed off.

One of the construction sites for the LRT3 in Persiaran Dato Menteri where the Shah Alam Convention Centre is located has been partially closed off.

“As for the parking issue, I believe we have enough for everyone including residents of Taman Botanic. I do not see much of a congestion problem either,” he added

For him, reducing the cost of the LRT3 construction was important to ensure the country was not bogged down financially because of the project.

The LRT3 project is a 37km extension line from Bandar Utama to Klang through Shah Alam. When it was launched in 2015, it was projected to cost RM10bil, including RM1bil for land acquisitions.

The six scrapped stations were part of the government’s cost-cutting measures to bring down the price from RM31.65bil to RM16.63bil.

Apart from the stations, there were other cost-cutting measures including reducing six-car trains to three cars, purchasing 22 trains in total as opposed to 42 initially and extending the completion date from 2020 to 2024 to not have to pay extra costs to speed up the construction time.

Meanwhile Sentosa assemblyman G. Gunaraj believes the stations may still be built, but at a later date.

“So for the Botanic station, I believe it may be built later due to our current economic state. We will continue to look at the viability of the project for the people’s convenience,” he added.

Gunarajah said although it is advisable to build amenities sooner rather than later, this is a small sacrifice Malaysians including him have to make for nation building.

Singapore ranks 7th for citizen well-being: Study

ศาสตร์เกษตรดินปุ๋ย : ขอบคุณแหล่งข้อมูล : หนังสือพิมพ์ The Nation

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A family have their picture taken on the Helix bridge, a pedestrian bridge linking Marina Centre with Marina South in the Marina Bay area of the city, in Singapore on July 10, 2018. / AFP PHOTO / Roslan RAHMAN
A family have their picture taken on the Helix bridge, a pedestrian bridge linking Marina Centre with Marina South in the Marina Bay area of the city, in Singapore on July 10, 2018. / AFP PHOTO / Roslan RAHMAN

Singapore ranks 7th for citizen well-being: Study

ASEAN+ July 15, 2018 01:00

By The Straits Times
Asia News Network
SINGAPORE

Singapore has been ranked seventh in a global well-being league table – the only non-European country in the top 10.

Singapore’s scores have improved across most of the study’s 10 areas, particularly infrastructure and employment.

It scores above the Asean average on all indicators except economic stability, where its ranking has fallen 24 places from 2009 to this year.

This was due to Singapore’s nature as a small open economy, said Mr Vincent Chin, senior partner and managing director at Boston Consulting Group (BCG), which carried out the annual study.

It assesses economic stability based on three indicators: inflation, inflation volatility and GDP growth volatility.

Singapore’s relatively low score for economic stability – 81 out of a possible 100 – is driven by its GDP growth volatility, said Mr Chin.

“This can be explained by the fact that as a small open economy, Singapore’s economic growth and business cycle fluctuations are more pronounced relative to other countries that are less economically open and outwardly oriented,” he noted.

“Since (the study) measures relative performance of a country compared to 151 other countries, the decline in economic stability over the past decade also reflects that some countries are performing better in this dimension.”

Over the last decade, Singapore’s overall ranking has fluctuated between ninth and sixth. The biggest relative gains have been in employment and equality.

In contrast, the country has fallen 25 places for its performance in terms of the environment, which is also its lowest-scoring area.

BCG noted that countries that are better at generating well-being for their citizens also “tended to post faster economic growth and recover more quickly from recession in the wake of the 2008 financial crisis”.

“Policymakers do not need to choose between boosting near-term economic growth and improving the quality of life for citizens,” it concluded.

BCG measures the ability to convert wealth into well-being by comparing a country’s actual score with the score it would be expected to have given its per capita income, based on the average global relationship between both variables.

On this measure, Singapore does slightly worse than average, with a score of 0.98 compared with the average coefficient of 1.

Outrage as Iceland fishermen kill rare whale

ศาสตร์เกษตรดินปุ๋ย : ขอบคุณแหล่งข้อมูล : หนังสือพิมพ์ The Nation

http://www.nationmultimedia.com/detail/asean-plus/30350089

This handout photo made available by the marine conservation organization Sea Shepherd on July 13, 2018 shows what they report to be a Blue whale awaiting slaughter at the Hvalur hf whaling station in Hvalfjordur Iceland on July 7, 2018./AFP
This handout photo made available by the marine conservation organization Sea Shepherd on July 13, 2018 shows what they report to be a Blue whale awaiting slaughter at the Hvalur hf whaling station in Hvalfjordur Iceland on July 7, 2018./AFP

Outrage as Iceland fishermen kill rare whale

ASEAN+ July 15, 2018 01:00

By Agence France-Presse
Reykjavik

Is it a blue whale or not? The slaughter in Iceland of what is claimed was a member of the endangered species has triggered outrage and left experts puzzled about its true identity.

“There has not been a blue whale harpooned by anyone for the last 50 years until this one,” Sea Shepherd, an international non-profit marine conservation movement, said in a statement on Wednesday.

The group, which published photos of the mammal being butchered for export at an Icelandic whaling station on the night of July 7, said the fishermen “posed for photos next to and even on top of the whale in a sign they knew very well this was a rare blue whale”.

But Icelandic experts are not completely certain whether it is indeed the world’s largest leviathan, which the International Whaling Commission has been protecting since 1966.

They’re also not sure if it could be the endangered fin whale, the second largest animal on the planet, which can only be legally hunted in Iceland despite an international moratorium on whaling.

Kristjan Loftsson, CEO of Hvalur hf, the whaling station which slaughtered the animal, said they did so believing it was a fin whale.

Most of the fin whales killed are exported as meat to Japan.

“We see blue whales all the time and identify them by their blowholes…but we leave them alone,” he told AFP.

DNA tests

For Gisli Vikingsson, a scientist at the Marine and Freshwater Research Institute in Reyjkavik, the butchered whale’s characteristics are similar to both the blue and fin whale.

“There is a large dorsal side with a small dorsal fin like a fin whale…this explains perhaps why it was hunted as such,” he told AFP, adding its “size and markings on the side are like those of a blue whale.”

He added the whale could even be a hybrid species resulting from cross-breeding between the fin and blue whale, which is a rare phenomenon.

Since 1987, five such animals have been observed in Icelandic waters and they are known to be infertile.

All killed whales in Iceland undergo DNA tests after the hunting season and the results are released during the fall.

However, due to the controversy surrounding this particular case, a test will be done earlier than planned and the results are expected at the end of July.

But Sea Shepherd said the fishing crew which butchered the animal mixed its parts with previously caught fin whales, making “it difficult or impossible to locate during potential inspections by the authorities”.

“This shows how inaccurate and imperfect this hunting is and there is no need to continue it,” Sigursteinn Masson, Iceland representative for the International Fund for Animal Welfare, told AFP.

Should the killed whale be confirmed as a hybrid, then things could become even more complicated as there are no laws to protect them.

“Hybrids are much more rarer than the blue whales,” Masson said.

Taiwan extends visa-free entry scheme for Thais

ศาสตร์เกษตรดินปุ๋ย : ขอบคุณแหล่งข้อมูล : หนังสือพิมพ์ The Nation

http://www.nationmultimedia.com/detail/asean-plus/30350083

National Palace Museum, Taipei photo from wikipedia
National Palace Museum, Taipei photo from wikipedia

Taiwan extends visa-free entry scheme for Thais

Breaking News July 14, 2018 18:07

By The Nation

2,320 Viewed

Taiwan’s foreign ministry has announced the extension of its trial 14-day visa-free entry programme for nationals from Thailand, Brunei, and the Philippines until July next year.

The decision followed a June 11 inter-ministerial meeting convened by the foreign ministry and attended by officials from government agencies overseeing national security, police administration, investigation, immigration, tourism, and economy and trade.

The visa-free treatment for nationals from these three countries will continue for another year from August 1, 2018, through July 31, 2019.

This measure is being continued to attract visitors from Taiwan’s New Southbound Policy partner countries for tourism and business purposes, and to increase people-to-people exchanges.

The programme may be extended after a review of the results.

According to statistics from the Taiwan’s Tourism Bureau, nationals from New Southbound Policy partner countries made a total of 2,284,382 visits to Taiwan in 2017, a significant year-on-year increase of 27.65 per cent over the 1,789,503 visits made in 2016. The country saw its visa-free policy as achieving the expected effect.