AirAsia CEO sees profit even if oil hits US$200

The spiralling price of oil is beyond any airline's control and fuel hedging can only be a "temporary pain relief" at best, he said.Fernandes said the key to AirAsia's sustainability, regardless of crude oil prices, is to launch more high demand routes that will keep sales growing, coupled with a strong marketing skill that will ensure those seats are filled.

"We started KL-Haikou. No one had ever done it, and now we are full, with 92 per cent load factor. We are making good profit from that route. If we didn't do that route, we'd have less profit to cover the price of oil," Fernandes added.

He is also not worried about a potential economic slowdown, or that rising food prices may force consumers to keep their money for other things more essential than travel. Instead, he believes people may go for holiday even more as they seek refuge from the reality of the life.

"There are two things that will benefit from an economic slowdown - the movie industry and travel. Because what do you want to do if the economy slows? You want to go out and have some fun! So you'll lose yourselves in it," he said. Taken from Btimes

Matjem: Terer mamat Tony ni......kat US yelah movie kat Malaysia tak comply langsung....Travel maybe lah...yelah ngko boleh le buat profit semua additional charge tu pegi balik kat consumer....

Fuel subsidy quota may be increased

KOTA KINABALU: The fuel subsidy quota for vehicles owned by transport companies may be increased.
Second Finance Minister Tan Sri Nor Mohamed Yakcop said the directive for a review was given by Prime Minister Datuk Seri Abdullah Ahmad Badawi in response to a request by transport companies.

"The prime minister has directed the relevant ministry to look into increasing the fleet card quota for transport companies," he said.

Currently, only 30 per cent of vehicles owned by transport companies are entitled to the fuel subsidy, prompting them to raise fares. Taken from NST

MAS terminates travel privileges for AirAsia CEO

PETALING JAYA: The war of words between AirAsia and Malaysia Airlines seems to have moved to a personal level with the latter terminating discount benefits for the former's group chief executive officer Datuk Seri Tony Fernandes.

In a letter dated May 28, MAS managing director Datuk Seri Idris Jala said the MAS management team had decided it was “best to withdraw” Fernandes' travel privileges following protest letters from many MAS staff..Taken from Thestar

Five EU countries to appeal on Malaysia’s behalf

PUTRAJAYA: Five European Union countries have pledged to appeal on Malaysia’s behalf for the continuation of its seafood and live fish imports into the continent.

Health Minister Datuk Liow Tiong Lai said this was because there had never been complaints among EU members of any bacterial contamination in Malaysia’s seafood and live fish products.

However, he did not name the countries involved.

Matjem:....Ape ni? Tak gentle lah......ape negara EU tu? Poland? Latvia? Lithuania? Cyprus? Estonia?.....hehehe baik takyah.

Malay woman buried as a Buddhist

KANGAR: A Malay woman who died in Kampung Guar Musang on June 12 was buried in the village according to Buddhist rites.

This followed the Perlis Religious Affairs Department’s decision that the woman, Selimah Mat, 78, was no longer a Muslim at the time of her death although her identity card stated her religion as Islam.

Perlis Syariah High Court judge Zaini Abd Rahim confirmed yesterday that the woman did not profess the Islamic faith and could be buried according to Buddhist rites.

Rokiah said her sister admitted to having married a Buddhist.
“I asked her to return to Islam but she remained non-committal,” she said.

Rokiah also claimed to have seen Selimah entering the Buddhist temple in the village to engage in religious activities like other Buddhists in the village.Taken from Thestar

Matjem: Ish hard to say lah....dah elok dah ada Islam pegi buang bakpe????????

Petronas urges public not to join e-mail campaign

KUALA LUMPUR: Petronas has urged the public not to join an e-mail campaign to boycott its products because it will not affect fuel prices.“Any form of boycott will only hurt the station owners, the small and medium-seized enterprises that supply the stations with their products and the shareholders of Petronas Dagangan – many of whom are pensioners,” he said in an interview......Matjem:Pada aku kebykan owner petronas ni org UMNO dan org yg asalnya kaya.Majority or minority interest?

An e-mail has been circulating calling on the public to boycott Petronas stations and its products. The e-mail claimed that a similar boycott was carried out in the United States against another petroleum company and it succeeded in forcing the company to reduce its prices.....Matjem:..Wah berjaya kat U.S ok guys lets do it....hehehe at d moment I'm boycoting Shell after this petronas...well lucky most petrol station in puchong is mobil.

Taken from Thestar

AIM9093

Tepat pada jam 10 malam, pada 1 julai 2008, tutup semua sumber elektrik selama 1 jam.

Sila salin dan tepekkan catatan blog ini dan siarkan di blog anda sebagai tanda sokongan.

sila baca itenarary di sini

Kereta OCPD Kunak disimbah cat

Salah sebuah daripada lapan buah kereta milik Ketua Polis Daerah Kunak, DSP Dingka Utoh telah disimbah cat ketika diletakkan di Pangkalan Pekan Kunak, satu kilometer daripada Balai Polis Kunak.

Namun Dingka atau pemandu kereta Landcruiser bernombor ST 3389 B tidak membuat laporan polis dan Dingka melarang semua media tempatan menyiarkan kes keretanya disimbah cat.

Mengikut makluman daripada beberapa orang saksi, landcruiser berkenaan dipandu oleh seorang bekas banduan yang berstatus pendatang asing tanpa izin, Andi, yang meletakkan kenderaan tersebut di Pangkalan Kunak sebelum memasuki sebuah rumah untuk membeli syabu dan menghisap syabu di rumah berkenaan dan tertidur sehingga keesokan harinya.

Memandangkan kawasan berkenaan agak gelap, maka ianya memudahkan pihak yang bersengketa dengan Andi atau Dingka menuang cat kilat berwarna aluminium ke bumbung dan bonet kereta sehingga cermin hadapan dilimpahi cat.

Kereta berkenaan tidak dapat dipandu kerana cerminnya dipenuhi cat menyebabkan Dingka mengupah sebuah kereta tunda untuk menarik kereta tersebut pada jam 8 malam berikutnya ke sebuah lokasi yang tidak diketahui.

Dipercayai kereta berkenaan tidak mempunyai sebarang insuran, cukai jalan dan dipandu oleh Andi untuk berulang alik ke kebun Dingka di Simpang Empat Kunak dan Sungai Kambing, Tingkayu.

Peristiwa ini telah menyebabkan Dingka kehilangan maruah sebagai OCPD kerana ada orang berani menyimbah keretanya dengan cat di khalayak ramai sehingga menjadi buah mulut bagi Kunak dan kawasan sekitarnya.

"Memang memalukan. Berani betul orang yang simbah cat ke kereta OCPD. Walaupun ianya kelihatan seperti memberi amaran, namun ada sesuatu yang tidak kena dengan Dingka dan Polis Kunak," ujar Haji Hussin yang turut menyaksikan kereta Dingka dikerumuni orang ramai di Pekan Kunak. Taken from Malaysiatoday
Matjem: Leng, hati-hati dlm menjalankan tugas....doa dr kengkawan.

"ECONOMY PREDICTION" personal view dari org yg dpt GPA2.00 economy part3

sori aaa kalau pendapat ini mengarut.
Hyperinflationary Depression

Year 1974, 1986, 1998, 2010 what are these years have in common?….Masalah Ekonomi….Mari kita check sikit…..Every 12 years…hmmmmm its remind me the Chinese lunar calendar of TIGER!…Yes tiger and for Chinese the year of the tiger is not very favorable in terms of economy.

Aku ada terfikir mengenai masalah yg bakal dialami oleh malaysia dlm krisis harga minyak yg semakin meruncing. Aku cuba utk mencari istilah yg terbaik dan akhirnya aku menjumpai istilah ini HYPERINFLATIONARY DEPRESSION……Ape tu?..ok lets me give my view on it.

Ok cube baca ni “ The political forces and the Unfunded Liabilities would prevent the powers-that-be from ending the money-printing process, and in fact, would grossly accelerate it. This would result in a hyper inflation (400 percent inflation or more), and the eventual total destruction of the dollar. Suddenly America would find its money totally useless. Store shelves would be empty, gas would go through the stratosphere, and Americans would suffer through the greatest threat since the Great Depression of the ’30s.

Well not so scary isn’t it……but lets me refrained as usual govt will say that the inflation rate is under 4% but base on minyak & beras, I will have to settle it on around 11-12%. Masalah kita ialah wang FIAT(not backed by gold) akan di printkan bagai nak rak oleh negara-negara yg mengalami krisis makanan dan minyak….U.S dollar adalah matawang yg paling good utk di print….dan nilai matawang ini akan jatuh like hell dan akhirnya collapse.

Minyak dan makanan sky rocketed dan kemungkinan inflation rate akan menginap di sekitar 400 PERCENT!!!!. Ini akan menyebabkan HYPERINFLATION.
Ok lah aku ringkaskan sikit penyebabnya dlm bentuk point utk menyedapkan mata memandang.
1. Ekonomi US mengalami recession
2. Devaluation of USD
3. Global warming.
4. China and India main beli je raw material peh tu jual end product lak pada harga yg gilo babun punya murah. Dulu depa ni makan nasi sekali sehari sekarang ni dah masuk tiga kali sehari.
5. Krisis spekulasi harga minyak yg akan sampai USD200.00 setong
6. Krisis makanan yg dibuat-buat , spekulasi dan krisis benar (seperti yg berlaku di philipine)
7. Printing of USD oleh negara ketiga dan juga penyangak matawang
8. Penggunaan kad kredit yg over the limit (beli minyak pakai kredit kad peh tu tak leh nak kontrol dah)
9. Shelves kat supomaket kosong disebabkan oleh aktiviti sorok/bekalan yg mmg takde. Hint dia dah pun berlaku kat sini apabila bekalan minyak masak/beras/gula/tepung langsung takde.
10. Kos pembajaan, pengangkutan,pemprosesan yg meningkat berkali ganda and at the same time depa try to minimize the impact to consumer. Ini akan menyebabkan pembuangan pekerja utk reducing cost…pengangguran bertamabh berlipat kali ganda.
11. Pergerakan M3 telahpun meningkat sebyk 17.1% dan semakin laju.
12. Disiplin penggunaan wang akan berkurang.
13. Harga property meningkat sehingga org dah tak mampu nak beli and at the same time developer tak leh nak reduce the cost
14. Interest rate by the fed…..can they remain low?….I don’t think so!!
15. Bertambahnya hutang luar gomen, not just malaysia but around the world and I foresee that some of the country will be facing danger of bankruptcy.
16. Oil prices are near historic highs, the dollar is near historic lows, and money growth is at an all-time high. The near-term outlook for all three is for new record levels and for extremely strong upside pressure on U.S. inflation. … gold prices should continue setting new historic highs.
17. Satu lagi….subprime crisis in US.


All of these will increase in overtime.

Hyperinflationary Great Depression lak, ok bro.

Great depression ni org tak de duit bro….yelah mana nak ade duit gaji tak naik tapi barang lak naik macam lahabau. Theory of supply and demand does no longer exist…..Supply kurang harga barang naik org lak tak mampu nak beli….harge barang gone haywire…depa tak tau nak letak harga berapa because of harga minyak yang tak menentu.

USD akan dlm massive attack dr depan kiri kanan belakang sampaikan Fed Resrv forced to monetize significant sums of treasury debt. As a results the duit will disappear from circulations.

Kadar pengangguran akan bertambah dan cutting cost akan memberi efek kpd pekerja…(menteri/wakil rakyat dah pun start)….camne nak belanja? Luxury goods list of paper will be the first to put into the trash. In anyhow the essential will come first…no more McD for kids or apak-apak minum air kosong je la peh ni.

Sektor pembuatan pula akan decline sharply dan diikuti pula oleh sektor pertanian…..global warming, raw material crisis, china and india factor adalah penyebab utama dan pada aku pertambahan penggunaan dr china dan india adalah umpama penambahan penggunaan kependudukan sebanyak 2 billion dari normalnya sebyk 4billion (4+2=6++ bill penduduk dunia)…..ini adalah 1/3 punya increase on demand of energy and food.

At the worst scenario, dooms day…hehehehe toksah le panik sangat….aku believe yg kita perlu bersedia je bukannya panik…..camna nak prepare?…..simpan duit dlm bentuk emas dan bukannya paper money….mintak doa kat Allah supaya benda ni tak berlaku…..dan ambil iktibar dari kisah nabi yusuf dan mudah mudahan kita terdiri dari golongan yang berfikir.