Wednesday, January 19, 2011

We Are Very Sorry~~~

Assalamualaikum...
To all KENMS communities we r very sorry due to unpublished bulletin for this week..we hope that in the future this will not happen again..so sit still n wait for our return okay... ♥♥♥♥♥ ^-^ ~~

Monday, January 17, 2011

BPL stars involved in tax dodge?

Complex tax avoidance schemes are allowing Barclays Premier League footballers to avoid paying the taxman.

According to reports in the Daily Mail, Premier League stars like Manchester United's Wayne Rooney, Arsenal's Theo Walcott, Manchester City's Gareth Barry and several others are avoiding millions of pounds in taxes, paying as little as two per cent on their earnings.
What these highly-paid stars have reportedly done is set up shell companies, subject to a lower tax rate, to collect their "image rights" payments from their clubs.
However, the HM Revenue and Customs (HMRC) have discovered this loophole, and is demanding that their clubs pay £100 million to cover the difference that their players have avoided in taxes.
According to reports, Red Devil Rooney has dodged almost £600,000 the past two years, while Barry has also profited to the tune of £135,000, as opposed to if he had paid his 40 per cent of due taxes.
Other big-name players involved include Chelsea wing-back Ashley Cole, Manchester United's Rio Ferdinand and Michael Owen.
According to reports, the players have two contracts- one as a player, and the other for "image rights", which are payments for merchandising and shirt sales.
These royalties are paid to their shell companies, which are only liable for 28 per cent corporation tax as opposed to a 50 per cent income tax, and the players then take out loans from their own companies, where they only pay two per cent tax on the sum as it is regarded as a benefit of their ownership.

Thursday, January 13, 2011

Khidmat MEPS melalui semua telefon bimbit

MALAYSIAN Electronic Payment System (MEPS), penyedia saluran transaksi antara bank akan memperkenalkan perkhidmatan melalui semua jenis telefon bimbit selewat-lewatnya suku kedua tahun ini.
Pengerusinya, Datuk Seri Abdul Wahid Omar berkata, perkhidmatan berkenaan dijangka memperluaskan lagi jaringan antara semua bank yang menyediakan kemudahan MEPS dan secara tidak langsung memudahkan pelanggan.

“Perkhidmatan ini dijangka menghubungkan semua bank yang mengguna pakai sistem MEPS dan ia juga membabitkan semua penyedia rangkaian telefon bimbit.
“Kami juga menjangkakan perkhidmatan ini tidak hanya terhad kepada pemindahan wang, sebaliknya merangkumi pelbagai kemudahan disediakan bank,” katanya selepas majlis pelancaran Ibu Pejabat MEPS di Bangsar, Kuala Lumpur.

Hadir sama, Timbalan Gabenor, Bank Negara Malaysia, Datuk Muhammad Ibrahim.

Menurutnya, buat masa ini pihaknya tidak mempunyai sasaran jumlah pelanggan mengguna pakai perkhidmatan itu sebaliknya menjangkakan jumlah pelanggan yang meyakinkan.

“Kami yakin lebih ramai pelanggan mengguna pakai perkhidmatan ini selepas diperkenalkan kelak.

“Situasi ini mungkin sama seperti ketika khidmat SMS mula diperkenalkan. Pada permulaan, SMS hanya boleh dihantar di kalangan pelanggan dari syarikat pengendali yang sama, namun ia terus berkembang selepas perkhidmatan itu diperluaskan kepada semua pengendali rangkaian,” katanya.

Pengawal keselamatan terima gaji baru akhir bulan ini

KUALA LUMPUR: Lebih daripada 100,000 pengawal keselamatan di negara ini dijangka menerima gaji minimum RM700 pada hujung bulan ini.
Ketua Pengarah Jabatan Tenaga Kerja Datuk Sheikh Yahya Sheikh Mohammed
berkata kerajaan tidak berganjak daripada keputusan bahawa pelaksanaan gaji
minimum itu adalah pada 1 Januari lalu.

Jika ada pengawal keselamatan tidak menerima gaji baru pada 31 Januari ini,

mereka harus bertanya kepada majikan dan membuat laporan kepada Pejabat Tenaga
Kerja berhampiran sekiranya masih tidak ada perubahan selepas itu, katanya
kepada Bernama, di sini hari ini.

Sheikh Yahya berkata jabatan itu berjumpa dengan Persatuan Perkhidmatan Kawalan Keselamatan Malaysia bagi menjelaskan keputusan kerajaan tersebut.

Sementara itu, Kongres Kesatuan Sekerja Malaysia (MTUC) menyambut baik keputusan kerajaan tersebut yang seiring dengan salah satu resolusi yang dibuat mereka pada persidangan bulan lalu.

Naib Presidennya A Balasubramaniam berkata resolusi itu meminta kerajaan tidak menangguhkan pelaksanaan keputusan tersebut dan tidak tunduk kepada tekanan daripada majikan.

Di bawah skim gaji baru ini, pengawal keselamatan akan menerima gaji bulanan
sebanyak RM1,200 termasuk upah kerja lebih masa.

Pada masa ini gaji mereka adalah sekitar RM450 hingga RM750 bergantung kepada lokasi mereka bekerja.

Sementara itu, tinjauan rambang Bernama pada kalangan syarikat keselamatan mendapati kebanyakan sudah bersedia melaksanakan skim gaji baru tersebut walaupun 'keberatan'.

Ketua Pegawai Eksekutif Eagle Eye Security K Bahadur berkata syarikatnya akan patuh dengan keputusan kerajaan untuk menaikkan gaji pekerjanya.

"Kami sudahpun menyediakan gaji baru untuk kira-kira 200 pekerja kami," katanya.

Satu lagi majikan yang tidak mahu dikenali berkata syarikatnya tidak mampu untuk menaikkan gaji pekerja, namun akan mematuhi keputusan kerajaan kerana lesen operasi menjadi taruhan.

"Kami harus memperbaharui lesen setiap tahun dan jika kami tidak mematuhi keputusan itu kemungkinan lesen kami tidak akan dapat diperbaharui," katanya. -Bernama

Bekas eksekutif pembelian Proton didakwa terima rasuah

KUALA LUMPUR: Seorang bekas eksekutif pembelian Proton mengaku tidak bersalah di Mahkamah Sesyen hari ini atas tujuh pertuduhan menerima rasuah membabitkan RM3,028.27 daripada seorang pemilik syarikat perkhidmatan kejuruteraan dan pembekal alat ganti kereta, enam tahun lalu.
Fahmy Ameer Mohd Raf, 36, didakwa melakukan semua kesalahan itu di tingkat 5, Wisma Nusantara, Jalan Puncak, Off Jalan P.Ramlee di sini antara 12 September 2005 hingga 15 Jun 2006.

Mengikut setiap kertas pertuduhan, dia menerima RM432.61 untuk bayaran ansuran keretanya daripada pemilik Syarikat Enrich Ford Sdn Bhd, Mohd Sharid Md Salleh sebagai balasan supaya tidak menghalang syarikat itu mendapatkan kerja daripada Proton.

Dia didakwa mengikut Seksyen 10(a)(bb) Akta Pencegahan Rasuah 1997 dan boleh dihukum mengikut Seksyen 16 akta sama yang membawa hukuman maksimum penjara 20 tahun dan denda sekurang-kurangnya lima kali ganda nilai suapan atau RM10,000 mengikut mana lebih tinggi, jika sabit kesalahan.
Hakim Rosbiahanin Ariffin membenarkan Fahmy Ameer diikat jamin RM8,000 dengan seorang penjamin dan menetapkan 11 Februari depan untuk sebutan kes.

Terdahulu, Timbalan Pendakwa Raya Fadzillah Mohd Ossman daripada Suruhanjaya Pencegahan Rasuah Malaysia menawarkan jaminan sebanyak RM10,000 dengan seorang penjamin.

Bagaimanapun, peguam Shahrul Nizam Azwir merayu agar jumlah jaminan dikurangkan kepada RM5,000 kerana Fahmy Ameer tidak bekerja.

"Anak guam saya mempunyai seorang anak berumur lima tahun dan isterinya baru sahaja melahirkan anak kedua mereka.

"Isteri kepada anak guam saya juga tidak bekerja dan tertuduh hanya berharap kepada bapanya untuk menjadi penjamin," katanya.

Bapa tertuduh kemudian membayar wang jaminan itu. - Bernama

Masih berdegil

KUALA LUMPUR: Mengejutkan apabila hanya empat daripada 35 penumpang kereta didapati mematuhi arahan pemakaian tali pinggang keledar tempat duduk belakang walaupun sudah genap dua tahun peraturan mengenainya dikuatkuasakan kerajaan sejak 1 Januari 2009.
Tinjauan Metroplus baru-baru ini mendapati majoriti pengguna jalan raya masih tidak menghiraukan pemakaian tali pinggang keledar untuk penumpang belakang ketika di jalan raya seolah-olah mencabar undang-undang negara. Malah, tinjauan di sekitar Jalan Tuanku Abdul Rahman berhampiran pusat beli-belah Sogo mendapati kebanyakan pemandu masih lagi mengamalkan tabiat lama iaitu memandu tanpa mengenakan tali pinggang keledar. selain membawa lebih penumpang.

Ada juga yang masih berdegil dengan arahan pemasangan alat keselamatan berkenaan biarpun Jabatan Pengangkutan Jalan (JPJ) mengeluarkan arahan agar pemilik kenderaan persendirian yang didaftarkan pada atau selepas 1 Januari 1995, diberikan tempoh pemasangan selama tiga tahun bermula dari tarikh berkenaan.
Eksekutif, Azwani Zam Abdul Rani, 35, berkata, tahap kesedaran pemandu negara ini mengenai perlunya pemakaian tali pinggang itu bagi tujuan keselamatan masih rendah dan tidak ramai mematuhinya, malah menganggap ia satu perkara remeh.

“Setiap hari, kita terdedah dengan kemalangan sewaktu berada di jalan raya. Ramai yang tidak menyedari risiko itu, sebab itu isu peraturan pemakaian tali pinggang belakang ini dipandang sepi kebanyakan pemandu.

“Mereka berbuat demikian jika terserempak anggota penguat kuasa bertugas atau pun sekatan jalan raya, jika tidak, peraturan ini seperti tidak diendahkan,” katanya.

Bagi arkitek, Siti Marsitah Rosly, 30, penguatkuasaan yang longgar menyebabkan orang ramai mengambil kesempatan untuk melanggar peraturan dan ia dapat dielakkan sekiranya pihak berkuasa mengenakan denda yang maksimum kepada pesalah lalu lintas terbabit.

“Persepsi ‘saman boleh bayar’ perlu diubah untuk memastikan segala peraturan yang dikuatkuasakan dipatuhi segenap lapisan masyarakat khususnya pemandu kenderaan kerana ia membabitkan keselamatan nyawa orang ramai. Hanya denda yang sesuai menyedarkan mereka betapa pentingnya menjaga aspek keselamatan di jalan raya,” katanya.
Sementara itu, Ketua Penolong Pengarah Bahagian Penguatkuasa JPJ Wilayah Persekutuan, Shamsuddin Sulaiman berkata, peraturan pemakaian tali pinggang keledar untuk penumpang belakang itu dikuatkuasakan di bawah Kaedah 4A, Akta Pengangkutan Jalan Kaedah-Kaedah Kereta Motor (tali pinggang keledar) pindaan 2008.

Katanya, pihaknya memantau dari semasa ke semasa kesalahan terbabit menerusi penguatkuasaan tidak khusus yang dijalankan bersama pelanggaran peraturan lain yang dilakukan pemandu kenderaan.

“Orang ramai perlu tahu bahawa peraturan ini masih berkuat kuasa, jadi tidak ada alasan mengatakan mereka tidak tahu bahawa pemakaian tali pinggang ini adalah diwajibkan,” katanya.

Shamsuddin berkata, pihaknya membenarkan pengecualian peraturan itu kepada beberapa jenis kenderaan dan keadaan seperti yang membawa barangan dengan muatan melebihi 3,500 kilogram.

“Selain itu, pengecualian juga diberikan kepada kenderaan yang melebihi lapan tempat duduk seperti van. Turut dikecualikan, mana-mana pemandu yang diakui dua pengamal perubatan berdaftar bahawa mereka mempunyai implikasi tertentu jika memakai tali pinggang.

Bukan mudah tetapi tidak mustahil

DUNIA pendidikan baru kini melangkah era lebih mencabar apabila institusi pendidikan tinggi (IPT) negara menyasarkan matlamat melahirkan 60,000 rakyat Malaysia berkelayakan Ijazah Doktor Falsafah (PhD) menjelang 2023.Sasaran itu bukan saja menjadikan institusi pengajian tinggi gedung ilmu terulung malah memartabatkan dunia pendidikan negara ke peringkat global.

Bagaimanapun, mampukah matlamat itu dicapai atau adakah ia sekadar perancangan drastik bagi mencapai matlamat menjadi negara maju menjelang 2020? Dekan Institut Pengajian Siswazah Universiti Pendidikan Sultan Idris, Profesor Dr Ramlee Mustapha, berkata sasaran itu perlu dilihat dalam konteks positif bagi memberi keyakinan melaksanakannya.
Beliau berkata, elak daripada bersikap rendah diri atau kurang yakin kerana ia boleh membantut usaha membantu masyarakat menerima konsep pembaharuan dunia pendidikan.

"Masyarakat perlu akur, sistem pendidikan negara hari ini semakin kompleks dan memerlukan suntikan elemen baru bagi bersaing dengan institusi luar negara.

"Transformasi yang dilaksanakan menunjukkan kita bersedia meneroka dunia baru. Ia dibuat bukan sekadar suka-suka tapi selepas meneliti keperluan, kemampuan serta kehendak dunia pendidikan negara pada masa depan.
"Beri kepercayaan penuh kepada universiti dan kerajaan melaksanakan tanggungjawab itu. Ia bukan mudah tetapi tidak mustahil asalkan ada sokongan rakyat dan perancangan yang baik," katanya.

My Brain15 adalah sasaran Kementerian Pengajian Tinggi (KPT) untuk melahirkan sekurang-kurangnya 60,000 rakyat Malaysia berkelayakan PhD menjelang 2023.
Ia bertujuan menaikkan taraf profesionalisme universiti serta pensyarah dan melaksanakan perkongsian ilmu berkualiti tinggi dengan mahasiswa dalam melahirkan graduan kelas pertama.

Manakala takrifan PhD pula merujuk kepada penganugerahan Ijazah Penyelidikan Tertinggi kepada mahasiswa yang menamatkan sesuatu kajian pasca siswazah dengan tesis mengandungi kajian asli dalam bidang sains atau ilmu kemanusiaan. Beliau mengakui bukan mudah mencapai sasaran itu kerana membabitkan pelbagai peruntukan kewangan seperti peningkatan pembiayaan R&D, menarik profesor bertaraf dunia, penambahbaikkan prasarana, kualiti pengajaran dan pembelajaran, penyeliaan dan sebagainya.

Menurutnya, dibandingkan universiti negara luar, misalnya Finland, Amerika Syarikat dan United Kingdom, sistem pendidikan mereka mantap dan bertaraf dunia, justeru ia mampu memiliki 100 peratus pensyarah berkelayakan PhD.

"Kita masih jauh ketinggalan kerana kesemua universiti tempatan belum mencapai 100 peratus pensyarah PhD. Bagaimanapun, jangan terlalu membandingkan IPT negara ini dengan negara luar kerana kita masih dalam kategori negara membangun.

"Yang penting perlu ada komitmen yang kuat, perancangan jitu dan kerjasama mantap oleh semua pihak," katanya.

Katanya, dengan meletak matlamat dan sasaran Petunjuk Prestasi Utama Nasional (KPI), universiti tempatan berusaha melonjakkan potensi, profesionalisme serta kredibiliti masing-masing ke tahap lebih baik.

"Mereka akur perlu berdaya saing untuk mengkomersilkan hasil penyelidikan dan pembangunan pada masa yang tepat untuk memasuki pasaran sebagaimana disarankan Alvin Toffler mengenai "The Clash of Speed" iaitu siapa yang cepat dia akan menang dalam dunia globalisasi kini.

"Inilah paradigma yang boleh mencetuskan senario baru dalam sistem pendidikan negara. Bukan bermakna universiti tempatan selama ini tidak berkualiti tetapi kita memerlukan pemimpin intelek yang lebih agresif," katanya.

Beliau menafikan proses pensyarah mendapatkan 'Dr' mudah kerana ia memerlukan perancangan, kerajinan serta kekuatan mental dan fizikal.

"Disiplin tinggi penting kerana memperoleh PhD adalah satu proses yang ketat. Selain sumber kewangan besar, mereka juga perlu bersedia menjalankan penyelidikan berkualiti untuk melahirkan "ilmu" baru.

"Disebabkan ini bukan semua calon PhD mampu menamatkan pengajian dalam jangka masa ditetapkan.

"Jika mahu mencapai matlamat itu, usaha berganda perlu digembleng kerana masanya kian suntuk apatah lagi tempoh 2023 semakin hampir," katanya Ditanya adakah IPT negara bersedia bersaing dengan universiti luar, beliau berkata setiap institusi mempunyai pelan strategik dalam merangka setiap persediaan mengikut tempoh sasaran.

"Dari segi persaingan, semua institusi berkemampuan menunjukkan persaingan, membezakannya adalah pengalaman, kemampuan serta perancangan bagi mencapai sasaran itu.

"Untuk membangunkan sesebuah universiti hingga mampu menjadi terkenal, bukan mudah dan memerlukan tempoh masa panjang bagi memantapkan setiap program.

Universiti Harvard pun mengambil masa ratusan tahun untuk menjadi terkenal. "Tidak mustahil kita juga boleh melakukannya dengan syarat mesti mengkaji secara mendalam "rahsia" kejayaan mereka," katanya.


>INFO:

> Ijazah doktor falsafah pertama kali dianugerahkan oleh Universiti Paris pada 1150. Bagaimanapun, gelaran PhD yang diterima pada zaman ini sebagai ijazah tinggi kedoktoran bermula daripada amalan universiti di Jerman.
> Di Eropah moden, amalan penganugerahan dimulakan pada abad kesembilan oleh Friedrich Wilhelm University di Berlin. Seterusnya digunakan Yale University pada 1861 dan di United Kingdom pada 1917.


Bilangan pensyarah berkelayakan PhD di lima universiti penyelidikan negara.
1. Universiti Sains Malaysia - 1,311 orang
2. Universiti Malaya - 1,094 orang
3. Universiti Putra Malaysia - 1,055 orang
4. Universiti Teknologi Malaysia - 949 orang
5. Universiti Kebangsaan Malaysia - 919 orang


Bilangan pensyarah berkelayakan PhD di beberapa institusi pengajian tinggi awam tempatan:
1. Universiti Teknikal Malaysia - 90 orang
2. Universiti Pendidikan Sultan Idris - 228 orang
3. Universiti Sains Islam Malaysia - 110 orang
4. Universiti Tun Hussein Onn Malaysia - 151 orang
5. Universiti Utara Malaysia - 404 orang

Wednesday, January 12, 2011

Kapal AirAsia Terbabas





KUALA LUMPUR: Lapangan Terbang Antarabangsa Kuching yang ditutup sejak malam tadi selepas pesawat AirAsia terbabas ketika mendarat, dijangka terus ditutup untuk semua penerbangan sehingga diberitahu kelak.

Malaysia Airports Berhad (MAB) memberitahu Bernama sebanyak 24 penerbangan
terjejas setakat 11 pagi ini.


Hanya satu penerbangan dibenarkan berlepas dari lapangan terbang itu pada jam 7.30 pagi ini iaitu MH2505 ke Kuala Lumpur, kata MAB.
Penerbangan lain yang terjejas termasuk 11 membabitkan AirAsia, lapan Penerbangan Malaysia dan lima penerbangan MASWings.
Penumpang yang berkenaan dinasihatkan agar menghubungi syarikat penerbangan
masing-masing bagi mengetahui perkembangan lanjut mengenai perkara itu.

MAB berkata dalam kejadian jam 10.02 malam itu, penerbangan AK5218 yang berlepas dari Terminal Penerbangan Tambang Murah (LCCT) Kuala Lumpur terbabas dari landasan ketika mendarat dalam keadaan hujan lebat.

Usaha mengalihkan pesawat itu sedang dilakukan namun berdepan kesukaran
berikutan keadaan hujan lebat yang melanda sejak semalam, kata MAB.

Sementara itu Menteri Pengangkutan Datuk Seri Kong Cho Ha memberitahu
pemberita hari ini, pesawat itu membawa 124 penumpang dan enam anak kapal.

Empat penumpang mengalami cedera ringan dan dirawat di hospital di Kuching,
katanya ketika ditemui selepas merasmikan Persidangan Maritim Kebangsaan di
sini. - Bernama

http://www.hmetro.com.my/articles/Pe...itutup/Article

Saturday, January 8, 2011

Macroeconomics

ILO global employment trends 2010 — unemployment reaches highest level on record in 2009

MANILA (ILO News) – The number of jobless worldwide reached nearly 212 million in 2009 following an unprecedented increase of 34 million compared to 2007, on the eve of the global crisis, the International Labour Organization (ILO) said in its annual Global Employment Trends report[pdf 11603 KB]. Based on IMF economic forecasts, the ILO estimates that global unemployment is likely to remain high through 2010.
The South-East Asia and the Pacific region, which includes the Philippines, has a number of economies that are highly dependent upon foreign trade and investment flows. Accordingly, among the Asian regions, it has been the hardest hit by the crisis in terms of reduced economic growth.
“In the Philippines, the unemployment rate in 2009 only increased slightly to 7.5 per cent. However, it could have been worse without stimulus measures taken by the government, workers and employers,” said Ms Linda Wirth of ILO Manila. “The report warns us of a W-shaped recovery. It is possible for the economy and employment to grow but the rate of growth is likely to slow or dip, so it is crucial to have job protection policies in place,” added Ms Wirth.
The report says that coordinated stimulus measures have averted a far greater social and economic catastrophe; yet millions of women and men around the world are still without a job, unemployment benefits or any viable form of social protection.
The number of workers in vulnerable employment in the South-East Asia Pacific region is estimated to have increased by up to 5 million since 2008. The regional unemployment rate rose by 5.6 per cent in 2009, and is expected to remain steady in 2010. More than half of all workers in South-East Asia and the Pacific live on less than USD 2 a day, with around a quarter living on less than USD 1.25 a day.
“The issue is not just open unemployment but vulnerable employment, underemployment and a rise in the number of working poor as income shrink. We see workers living on the margin and at risk of falling further into poverty. Many workers who have lost their jobs in export-oriented industries cannot afford to remain unemployed and instead will take any form of employment in the informal sector to have some income, perhaps in farming or street vending,” said Ms Wirth.
The ILO report says that it is urgent to establish wide coverage of basic social protection schemes to cushion the poor against the devastating effects of sharp fluctuations in economic activity.
The ILO also warned that the number of unemployed youth worldwide increased by 10.2 million in 2009 compared to 2007, the largest hike since 1991. In South-East Asia and the Pacific region, young people remain far more likely than adults to be unemployed, with the region’s youth unemployment rate reaching 15.3 per cent in 2009, versus a rate of only 3.4 per cent for adults. Young workers already faced substantial difficulties accessing decent and productive jobs prior to the economic crisis and the situation for youth has worsened as a result of the economic downturn.
  • The global unemployment rate rose to 6.6 percent in 2009, an increase of 0.9 percentage points over 2007. However, it varied widely by region, ranging from 4.4 per cent in East Asia to more than 10 per cent in Central and South-Eastern Europe (non-EU) and Commonwealth of Independent States (CSEE & CIS) as well as in North Africa;
  • The global youth unemployment rate rose by 1.6 percentage points to reach 13.4 per cent in 2009 relative to 2007. This represents the largest increase since at least 1991, the earliest year for which global estimates are available;
  • The overall impact of the economic crisis on women and men is far more important than the differences in impact between these groups;
  • Preliminary estimates of growth in labour productivity, measured as output per worker, indicate that productivity levels fell in all regions except East Asia, South Asia and North Africa. The largest decline in output per worker occurred in Central and South-Eastern Europe (non- EU) & CIS, - 4.7 per cent, thus reversing part of the gains that were made in the first half of the decade; and
  • As a result of declining output per worker, working conditions are deteriorating especially in regions where labour productivity was already low preceding the economic crisis, such as in Sub-Saharan Africa.
To address these issues, the ILO constituents (governments, workers and employers) which represent the “real economy” have agreed on a Global Jobs Pact in June 2009 that contains a balanced set of tried and tested measures to promote a robust response to the employment challenge. These focus on accelerated employment generation, sustainable social protection systems, respect for labour standards, and strengthening social dialogue. The Pact has received strong backing from the G20 heads of state and from the UN General Assembly. Rethinking financial and economic policies, with respect to their impact on employment and social protection is essential because we will not get out of the crisis by applying the same policies that led to the crisis in the first place.

CIMA


The Chartered Institute of Management Accountants (CIMA) is a United Kingdom-based professional body offering training and qualification in management accountancy and related subjects, focused on accounting for business; together with ongoing support for members.
CIMA is one of a number of professional associations for accountants in the UK and Republic of Ireland. Its particular emphasis is on developing themanagement accounting profession within the UK and worldwide. CIMA is the largest management accounting body in the world, with more than 172,000 members and students in over 165 countries.[1]

History

CIMA was founded in 1919 as "The Institute of Cost and Works Accountants" (ICWA). It specialised in the development of accounting techniques for use in the internal control of manufacturing, service and public sector operations. It developed a position as the leading professional body in the areas of product costing, budgeting, management accounting, investment appraisal and business decision making.
In October 1944 the Institute of Cost and Works Accountants organisation in Ireland was formed.[2]
The institute changed its name from ICWA to the Institute of Cost and Management Accountants (ICMA) in 1972 and subsequently to the Chartered Institute of Management Accountants (CIMA) in 1986, after the granting of a Royal Charter. A global Accounting qualification based in the UK, which is particularly active in Commonwealth countries. Its membership has grown from 15,000 in 1970 to 79,757 members and 92,909 students in 2009[3]. It has played a role in founding fraternal professional bodies such as the Institute of Cost and Management Accountants of Pakistan,The Institute of Cost and Management Accountants of BangladeshInstitute of Cost and Works Accountants of India and the Institute of Management Accountants (USA).

[edit]Activities

CIMA operates a Masters degree standard scheme of fifteen qualifying examinations for prospective members. It is active in promoting local education, training and management development operations, the promotion of new techniques through its research foundation and the dissemination of management accounting practices through publications and other media related activities. CIMA has been active in recent educational and vocational initiatives in former Eastern bloc countries. It publishes a monthly journal, supplied free to members and registered students, called 'Financial Management' ('Management Accounting' prior to 1998). CIMA also publishes a quarterly journal called 'Management Accounting Research', mainly for an academic readership.
CIMA is recognised as a professional accounting body for various statutory purposes by UK and various overseas governments. The institute regulates the activities of its members by a code of practice, a discipline committee and (a recent innovation) a continuing education scheme.
CIMA's governing body is its council, comprising members elected from regional branches. Each of the branches has a committee and is responsible for much of the 'grass roots' activity. Activity such as qualification development is undertaken from the London head office. The London office is also the location for the annual UK Final of the Global Management Challenge, a strategic management competition for university students, which CIMA sponsors.
In July 2009 CIMA added an online community - CIMAsphere - to its website. The community consists of a range of blogs, discussion boards, groups, community answers, expert Q&A sessions and some social networking features for members, students and also the general audience.

[edit]Membership

CIMA has two grades of full membership:
  • Associate - designated by the letters ACMA
  • Fellow - designated by the letters FCMA
To be admitted as an associate a candidate must have:
  • completed a period of qualifying practice of at least three years, documented and signed by appropriate witnesses
  • passed the institute's 15 qualifying examinations
  • been proposed and seconded for membership by two individuals who have direct experience of the candidate's work experience but who do not need to be members of CIMA or even accountants.
To become a Fellow a candidate ACMA must, in addition, have appropriate experience at a senior level.
In the past, CIMA has offered forms of association which do not amount to full membership, for example an "Affiliate" membership class was promoted in the 1970s.

[edit]Strategic alliances

CIMA members have access to a number of strategic alliances, including:

[edit]Development

In recent years, CIMA has been party to merger talks with other professional accounting bodies including the ICAEW in 1995 and again in 2005.

Malaysia GDP Growth Rate

The Gross Domestic Product (GDP) in Malaysia expanded at an annual rate of 2.40 percent in the second quarter of 2010 from the previous quarter. From 2000 until 2010, Malaysia's average quarterly GDP Growth was 1.18 percent reaching an historical high of 5.70 percent in September of 2009 and a record low of -7.80 percent in March of 2009. Malaysia is a rapidly developing economy in Asia. Malaysia, a middle-income country, has transformed itself since the 1970s from a producer of raw materials into an emerging multi-sector economy. The Government of Malaysia is continuing efforts to boost domestic demand to wean the economy off of its dependence on exports. Nevertheless, exports - particularly of electronics - remain a significant driver of the economy. This page includes: Malaysia GDP Growth Rate chart, historical data and news.

Country: Malaysia  

Interest rate: 2.75%

Growth Rate: 2.4%

Inflation Rate: 1.9%

Jobless Rate: 3.9%

Thursday, January 6, 2011

What is Islamic Economics ?


Islamic economics refers to the body of Islamic studies literature that "identifies and promotes an economic order that conforms to Islamic scripture and traditions," and in the economic world an interest-free Islamic banking system, grounded in Sharia's condemnation of interest (Riba). The literature originated in "the late 1940s, and especially" after "the mid-1960s." The banking system developed during the 1970s. Islamic economic literatures' central features have been called "behavioral norms" derived from the Quran and Sunna, zakat tax as the basis of Islamic fiscal policy and prohibition of interest.
While the outside world hardly noticed, a significant and rapidly growing amount of money is now being managed in accord with Islamic law, the Shari'a. According to one study, "by the end of 2005, more than 300 institutions in over 65 jurisdictions were managing assets worth around US$700 billion to US$1 trillion in a Shari'ah-compatible manner."

Traditional Islamic concepts having to do with economics included
  • zakat - the "taxing of certain goods, such as harvest, with an eye to allocating these taxes to expenditures that are also explicitly defined, such as aid to the needy."
  • Gharar - "the interdiction of chance ... that is, of the presence of any element of uncertainty, in a contract (which excludes not only insurance but also the lending of money without participation in the risks)"
  • Riba - "referred to as usury (modern Islamic economist have consensus that it does not refer to usury only rather Riba is any kind of interest)"  The Quran (3: 130) clearly condemns what it calls by the Arabic term "riba," usually translated "interest": "O, you who believe! Devour not riba, doubled and redoubled, and be careful of Allah; haply so you will prosper."

    Source: http://www.danielpipes.org/4973/islamic-economics-what-does-it-mean

Wednesday, January 5, 2011

DPM announces new IIUM campus in Johor - Friday September 24, 2010

Another campus: Muhyiddin announcing the new IIUM campus in Pagoh, Johor, at the university’s open house in Gombak Thursday. – M. AZHAR ARIF/The Star
GOMBAK: International Islamic University Malaysia (IIUM) will have a new campus in Pagoh, Johor. Deputy Prime Minister Tan Sri Muhyiddin Yassin made the announcement during the university’s Hari Raya gathering at its main campus here yesterday.
The university’s main campus is in Gombak, while it has two branches in Kuantan and Kuala Lumpur.
Muhyiddin, who is also the Education Minister, said the Government would support the move as the university had become an internationally renowned institution of higher learning.
“To me, I see no reason why IIUM cannot spread its wings to another state. I am therefore pleased to note that IIUM will soon be opening up another campus in my constituency, Pagoh,” he said.
Muhyiddin said he hoped the new campus will start its courses by 2012, adding that efforts were being made to set up a Pagoh Educational Hub, in which IIUM would be an integral partner in the initiative.
The university would also look into offering engineering courses’
It was learnt that IIUM’s Faculty of Modern Languages and Faculty of Agriculture are considering offering courses at the new campus.
Muhyiddin later met the university’s student leaders and handed out Hari Raya donations to 40 orphans from Asrama Damai Anak Yatim from Kuang, Selangor.
IIUM has about 22,000 students, of which 4,600 are international students from 90 countries.
IIUM recently attained the Tier 5 or “Excellent” status in the 2009 Malaysian Qualification Agency’s Rating System for Malaysian Education Institutions exercise.
http://thestar.com.my/news/story.asp?file=/2010/9/24/nation/7095854&sec=nation

ALL 22 PLAYERS TO RECEIVE INCENTIVES FROM MINISTRY AND AFF SUZUKI CUP FUND

KUALA LUMPUR, Jan 1 (Bernama) -- All 22 players in the national team that won the AFF Suzuki Cup will receive cash incentives from the Youth and Sports Ministry and Sportswriters Association of Malaysia''s (SAM) AFF Suzuki Cup Fund.
Deputy Youth and Sports minister Datuk Razali Ibrahim said apart from the RM5,000 to be awarded, players would also receive incentives from the fund collected by SAM that is said to have reached RM90,000.
"The funds collected by SAM will be given to players directly and I feel the Football Association of Malaysia (FAM) will also give them incentives for the win," he told reporters after launching the Semarak 1Belia 1Malaysia Carnival at the Youth and Sports Complex in Kampung Pandan here today.
Speaking of claims that the use of "Harimau Malaya" to refer to the national team, had been questioned by some, Razali said the matter would be studied.
"We will take into consideration, the views expressed by some because the "Harimau Malaya" slogan had been used for a long time and has a history to it," he said.
--MORE
SPORTS-FOOTBALL (INCENTIVES) 2 (LAST) KUALA LUMPUR
Youths in Sabah had expressed concern with the use of "Harimau Malaya" since it did not include Sabah and Sarawak.
We do not want anyone to turn the issue into a political issue that may become sensitive, he said.
The incentives were for the national team that beat Indonesia 4-2 on aggregate to win the AFF Suzuki Cup for the first time in 14 years.
Meanwhile, Razali said the ministry was confident of gathering one million youths from all over the country for the National Youth Day celebrations on May 15, at Putrajaya.
"Last year we managed to gather 250,000 youths for the three-day celebrations and it will not be impossible to gather the targetted number this year," he said.
--BERNAMA
http://malaysia.news.yahoo.com/bnm/20110101/tsp-sports-football-incentives-with-pix-cc21d00.html

Do You Know Malaysia?

NASI Kandar, a dish unique to Malaysia and brought by the imgrating Indian Muslims, is the favourite food of many Malaysians. The best is in Penang and everyone has their favourite dishes. Among the top ranked outlets are the Kampong Melayu Flats in Air Hitam, Line Clear in Penang Road and opposite the market in Jelutung.

Saturday, January 1, 2011

...2011

Assalam...EMSS would like to wish to all of you,  Happy New Year of 2011..Let yesterday be a history, today be a gift, and tomorrow be a mystery...