Wednesday, September 5, 2012

2nd among Asean countries in Global Competitiveness Report 2012-2013.

source: http://www.mysinchew.com/node/77301

Malaysia  second spot among Asean countries in the Global Competitiveness Report 2012-2013.   Ranked the country eighth among 22 Asia Pacific countries ahead of China, India and other Asean countries except Singapore, and placed it among the top 20 per cent of the most competitive countries globally in a. report by the World Economic Forum (WEF), based in Geneva, Switzerland.

WEF has acknowledged Malaysia's efforts to move up the value chain and upgraded the country's stage of development to "transition towards innovation-driven" from "efficiency-driven" previously.

Malaysia has to increasingly focus on both non-technological and technological innovations to further enhance its competitiveness, most notable advantages are its efficient and competitive market for goods and services, its remarkably supportive financial sector, and its business-friendly institutional framework.



The report put Malaysia in the top ten among the 144 countries covered in many areas, including in the legal rights index (ranked first), pay and productivity (third), government services for improved business performance (fourth) and strength of investor protection (fourth).
Malaysia also did well in government regulation and ease of access to loans (eighth); financing through local equity market (ninth); and business impact of rules on foreign direct investments, as well as efficiency of legal framework in challenging regulations (10th).


Wednesday, August 15, 2012

Ringgit

source: http://www.bloomberg.com/news/2012-08-15/malaysia-s-ringgit-declines-ahead-of-economic-data-correct-.html

Malaysia’s ringgit fell before time of GDP data release data forecast to show Southeast Asia’s third-largest economy grew at the slowest pace in a year. Malaysia’s inflation rate is forecast to stay at the lowest level in two years.



Gross domestic product increased 4.6 percent in the second quarter from a year earlier, compared with 4.7 percent in the previous three months, according to median estimate of economists in a Bloomberg News survey before an official report due at 5 p.m. local time. Consumer prices rose 1.6 percent in July, unchanged from June, a separate survey showed.

 The ringgit declined 0.1 percent to 3.1226 per dollar as of 8:56 a.m. in Kuala Lumpur, according to data compiled by Bloomberg. One-month implied volatility, a measure of exchange- rate swings used to price options, dropped 10 basis points, or 0.1 percentage point, to 6.22 percent, the lowest since July 18.
The currency will be cushioned against external weakness by Malaysia’s current-account surplus, Credit Agricole CIB said in a report today. The surplus as a percentage of GDP is the second-largest in Asia, according to the report.


Saturday, August 11, 2012

Lee Chong Wei silver medalist 2012 Olympic Games




Lee is a silver medalist in both the 2012 Olympic Games and 2008 Olympic Games, thus becoming the first Malaysian to reach the final of the men's singles event and ending Malaysia's Olympic medal drought since the 1996 Games.

Lee Chong Wei (born October 21, 1982 in Bagan Serai, Perak[2]) is a professional badminton player from Malaysia who resides in Bukit Mertajam.[3] As a singles player, Lee was ranked first worldwide for 199 consecutive weeks from August 21, 2008 to June 14, 2012.[4] He is the third Malaysian men's singles shuttler after Rashid Sidek and Roslin Hashim to achieve such a ranking (since official rankings were first kept in the 1980s), and is the only Malaysian shuttler to hold the ranking for more than two weeks.


source:


Pandelela bronze in the 10m diving event 2012 Summer Olympics in London






Pandelela Rinong anak Pamg (born 2 March 1993) is a Malaysian diver. She became the first female Malaysian athlete to win a medal at the Olympics, as well as the first to win an Olympic medal in any sport other than Badminton, when she took the bronze in the 10m diving event at the 2012 Summer Olympics in London.[1][2]

She is 5'3" tall and weighs 109 lbs.[3] She is from Kupuo Jugan,Bau. She is of Bidayuh ethnicity, a Bumiputera native to Sarawak, Malaysia.

At the 2009 World Aquatics Championships, she won a bronze medal in the Women's 10 m Synchronized Platform with Mun Yee Leong[4] and placed 5th in the Women's 10 m platform.[5] She also competed in the Women's 10 m platform at the 2008 Summer Olympics in Beijing.[6]
She was the flag bearer for the Malaysian contingent at the 2010 Summer Youth Olympics in Singapore where she won the silver medals in the girls' 10m platform event and 3m springboard event.[7]
At New Delhi 2010, she won Malaysia's first Commonwealth Games gold medal in an aquatic sport by winning the women's 10m platform.
She became Malaysia's first female flag bearer at the Opening Ceremonies of the 2012 London Olympics where she competed in the individual 10 m platform and the 10 m platform synchronized event with her partner Leong Mun Yee.
She became the first Malaysian female athlete to win an Olympics medal, and the first Malaysian athlete to win an Olympics medal in a sport besides badminton by winning a bronze medal in the Women's 10 m platform at the 2012 Summer Olympics in London.

source: http://en.wikipedia.org/wiki/Pandelela_Rinong