BRAIN DRAIN, SKILLS, COMPETENCY, ACADEMIC?? WHAT? - by Nik Zafri

Brain Drain seems to be a hot topic in Malaysia. I'm not going into politics or some racial matters but facts and figures.

The Economic Transformation Programme came into the picture with Talent Corp formation to focus on facilitating initiatives to attract, nurture, engage and retain talent to support the human capital.

Disclaimer : I have no qualms against whatever is right for Malaysia to move towards 2020 and I write this article with FULL understanding of Talent Corp. and the need to call for Malaysian talents from outside to return.

However, the questions lingering in my mind have never been properly answered by anyone in charge but whenever I ask the "silent majority"* which being "sampled" from the group of 40 years old and above, ranging from local young CEOs, MDs, Directors to scholars, freelance professionals etc.


*Surprisingly, some are working together in this program and have received 'instructions from above' to participate.

Here are their questions :

a) What about local talents that have nostalgically returned to this country a long time ago? What will happen to them? Are they not good enough to compete with the newbies? (this is not MY question, this is THEIR question)

b) Will there be salary scale difference for the local talents (also with accredited foreign qualifications) who have been working so hard developing the country in their very own way IF the "Malaysian talents outside" are to return to the country to respond to this call?

c) Does this mean that the local talents with local accredited (MQA) universities/institution of higher learning qualifications including local competency training institution (MLVK) and workshops/trainings that have been accredited outside Malaysia are more inferior? That we have to get Malaysians from outside that have "better" qualifications, skills and knowledge?

I sometimes wonder the need for "ranking the local universities to others" (except for acquiring grants for R & D that I do not know about*) when MQA's assessment is more than enough and equivalent to British Accreditation Council.

* Universities set 'mechanisms' via these R & D Grants and NOT 'innovations' according to one dean of a faculty.


d) Has anyone been asking some of the so-called talents outside that the countries that they are so proud residing are also having major problems to even maintain their very own economy?* Do a poll and find out! No names and personal details should be given. Otherwise they won't be telling the truth!

*Quoting General (Retired) Bill Creech in his book "The Five Pillars of Total Quality Management" which goes something like this :

"If the US universities are so good, why is the US economy doing so bad?"


e) Has anyone been asking some of the so-called talents outside what do they REALLY feel about returning to Malaysia - now that they have a GOOD remuneration and unmatchable to what the Government is offering? Do a poll and find out! No names and personal details should be given. Otherwise, they won't be telling the truth!

f) Has anyone been asking some of the so-called talents outside what do they REALLY say about Malaysia to foreigners, how they talk proudly about other nation and not being ungrateful or not even "recalling" where they come from?

Some are even "having amnesia" pathetically attempting their level best NOT to tell where they come from - even using foreign slangs to avoid detection. What a joke! Even worse, some of them are requesting to become foreign citizen.

Then another question should be posed...What about EX-MALAYSIANS who are now official foreign citizens?

These are only some of the questions go unanswered till now.

Before you start to say anything, please be reminded that I am NOT against everyone outside as many of us here now are foreign graduates as well.

And I did saw MANY GOOD Malaysians outside saying this to me :

"Give the local talents another chance, we are fine over here and we will come back eventually"

I've noticed over the years the growing trend of staff especially from the civil service chasing for better qualifications by studying up to MBA and PhD. But again, do qualifications really help nowadays when there is no control imposed over it?

(so many private and government institutions of higher learning are being established with so many academic programmes being offered and with so many people are now madly chasing for higher qualifications thinking of future promotion? Some even dare to "bypass" JPA and using their own expenses to gain a higher qualification. I once asked them (when I was lecturing for a UK-Based program in 1997) :


Q : "Why do you come here?"

A : "This program is accredited by JPA"

Q : "Yes I know, that's the reason why I am standing in front of you now, this program is also accredited by LAN (now MQA)" Forgive me for asking - I like to know if you have been permitted by JPA or your superiors to participate in this course?"

A : "No, but I will give them a copy of the qualification and hope to be promoted - either salary wise or designation wise"

Q : "I'm curious...what if they say this to you "I didn't ask you to do this?"

A : (pause for a while...) "What should I do?"

Q : "Either you ask for their permission now, or your answer should be "I'm looking for another job". And most importantly, I don't want you to start blaming me or this company or this course for not getting you a promotion!

(followed by laughter and the guy nodded his head in agreement...anyway, I followed up with him after he graduated with Honours, he told me that whatever I've predicted DID happened and he's now working as a General Manager for a private company (retired early)

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1) When people come and tell me that we are lacking of English Language Teachers, I noticed that it is the 'senior generation of the English Medium or of Foreign Educated' stood up to answer the call but nobody seems to bother.

2) When people come and tell me "What kind of right approach to teach English for working people" I answered : "Teach them according to their expertise, so you need people from the field itself coupled with adequate fluency in English to teach working people...

for example, Civil Engineers, what do they need really? Take checklist or report writing for example, you need to teach them to understand how to describe words like "workmanship", "supervision" etc. Or you need to ask them question of what do they need from this course and you should be answering "in their lingo" by giving them samples of report which they can immediately use after taking the course. So, killing two birds with one stone - you teach them English and you teach them civil engineering "Report Writing"

3) When people come to me and start underestimating "SKM Level 3 to 5 (MLVK)" (thinking that it is only a 'cert') and started comparing with their Degree.

I told them this :

"Did you know that the "SKM Level 5" is a lot better than your Engineering Degree?

Quoting OSH regulations - phrase "a competent person" let's say "Welding and Fitting" - you should counter refer to any "Welding Codes of Practice" and you will find that he is much more AUTHORIZED to attend to "Welding and Fitting" rather than you M & E Degree.

The M & E graduate got more interested and finally I told him this :

"Bitter it may sound but we have different too many ministries to handle different trades. Academic is MOE's and MHL's turfs but SKILL and COMPETENCY are MHR's "babies"!


Learning to pass exam is DIFFERENT than learning how to work! But passing exam is the foundation and learning how to work is the next level which have not been properly introduced in our country. That's why employers keep giving you excuses "You don't have working experience - so you don't get the job"

I'm telling the universities or any other institution of higher learning be it private or government "Don't give guarantee to students or parents that they will get a good job once they have graduated"

There are few universities been integrating both academic and skills/competencies, take for example Defence University of Malaysia, I've visited them, talked to the ex-deputy vice chancellor and very impressed with the results!"

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I'm also really shocked to learn ISO 9000 has been "legalized" (or rather "politicized") when it is only an international standard (a guide NOT gospel) And every other party started to emerge in the "power play"...I can name few "training authorities" that have proudly instructing me that "you consultants must be registered"

They said to me : "You don't register with us, you will not be recognized"

I asked them back : "Can you give me a project if I am to be registered with you?"

They replied : "No, No, No, we cannot give you warranty that we will award you with any project"

I replied : "So you want my money but you don't want to give yours"

They vetoed : "This is regulations"

I said in my heart : "yeah..you're HIDING behind regulations" and you're telling me that my "foreign chartered membership" is now invalid?

So I took a peek into "their system" that was displayed by a dismayed client and I quickly asked the client :

"Where's the method statement (according to the trades)...say "earthworks, or "piling" etc" These are SOPs and WIs, these are meant for factories and manufacturing, boss - NOT CONSTRUCTION"

"Where's the inspection and test plan, how do customize the manual for construction industry according to the contract mode - "Design & Build, Turnkey etc."? (Permissible Exclusion on Design & Development responsibilities)

"Where's your PQP?" and showed them clauses from the Main Contract (also CLIENT's requirements) requiring sample submission as well.

Where's your sample schedule (they did show but I told them "This is MSP not Primavera..have you been meeting the "construction PMC" lately? or just simply 'copy and paste?'

OHSAS 18000 (Standard for Occupational Safety and Health) has a disclaimer : "Compliance to this standard shall not provide immunity to the law"

Hahaha - and there is not even the word "ISO" in front OHSAS 18000 unlike EMS ISO 14000 and ISO 9000. (Bureaucracy is in progress)

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I also noticed ICT companies with "M*C status" are "closing shop" one after another. Many of them told me that the grant is too low, we have no capital and GOD - we have to through so much levels in order to get "more money".

But ironically, those without the "status" are really "prosperous" (We don't need any status or certifications to be rich)

What's the point of having "pre-seed grants" or "level by level grants" or asking ex-participants to participate in any of related programs or having "incubation" courses in hotels with so many batches around and so-called "consultants" and only 1 - 2 will successfully get the "grant" after going into a 'reality show' kind of "pitching contest"?

I recalled seeing one of the participants who talks SO PROUDLY as if he is "Mr. Know Everything" but his business is doing SO BADLY...hmmm "typical"
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I like to close this article by quoting a Chinese CEO of a 'very large company' saying this to me:

"How many people with "good qualifications" are known being involved in white or blue collar crimes? I think Nik, it's not so much about qualifications...it's the attitude, experience, competency and most important HONESTY"

I would rather look for honest people (I know when I see one) to take care of my money and organization and I'm willing to train such people to understand what I need, I don't like people who are too "smart" as they are the ones who tend to play tricks with figures. Don't quote me for that"

:-) Nik Zafri: Sorry, I have to quote your very good statement but I won't mention your name

Nik Zafri's Guide for Dummies - Typical Systems/Methodology of your QMS/ISO 9001 Proposal (construction)


(FOR THE 1ST TIME EVER IN 15 YEARS, PART OF MY ISO 9000 PROPOSAL (CONSTRUCTION) IS REVEALED!!)




For ISO 9001:2008 Consultants Only

This sample has been tailored made for construction/building and civil engineering.

Segment One

Initial Assessment/ Evaluation (1) to predetermine: -

a. Scope of Registration & Application
b. Improvement of Existing Elements/Criterions if any
c. Additional Elements/ Criterions as necessary or permissible exclusion if any

Preparation and Presentation of findings to the Client.

(1)This is not an audit activity.

(1) Methods Used :-

Review documentation based on construction industry, sampling basis, conversation with related staff and observing consistency of physical activities at various places of work.


Segment Two

QMS ISO 9001:2008 Awareness Workshop - Theme : Managing Quality in Construction (2)

(2) (both general awareness and customized to client’s nature of industry, contract mode (Design & Build? Turnkey? Conventional?)

Workshop’s detailed report/ assessment to the Client.

(2) Solution-based – client will know the next course action after the training.

Client shall provide feedback forms and provide Certificates of Participation (which format will be forwarded by the consultant).

Typical Workshop Contents

Training Objectives, 8 Management Principles and 5 Main Clauses and interrelationships, Various Tools, Quality Cost etc. etc. + Application to Client’s industry

PHASE TWO – IMPLEMENTATION (CRITICAL)

Segment Three

Assisting System Structuring(3), Quality Document Development and (4) Review

(3) Typical System Structuring (besides the remarks) usually involve consistency with the standard requirements (not limited to the following):

· QMS Workshop
· Customer-Focus – Communication & Survey.
· Resource Management including org. chart, JD, competency & TNA
· QMS Manual/Plan/Procedural/Method Statement and or Work Instructions/I & TP (Inspection & Test Plan), sequencing and format/numbering + records management (Forms & Checklists)
· Online Documentation Interface if Any
· Measurement of Department Objectives and Capturing and Analysis of Data
· Supervision/Inspection & Supplier/ Subcontractor Management/Assessment
· Effectiveness vs. Compliance, Plan-Do-Check-Act PDCA and Continual Improvement

Segment Four

Internal Quality Auditing Course(5)

(5) Among Critical Issues to be highlighted :-

a. Effectivess/Understanding vs. Compliance.
b. Traceability to the source.
c. Determining of Non-Conformance
d. Correction and Corrective Action (CA)
e. Preventive Action
f. Audit Scheduling and Reporting
h. Assessment vs Audit – Judgement vs. Evidence.
i. Auditors Conduct.
j. Inspection vs Audit

Workshop’s detailed report/ assessment to the Client.

(5) Based on IRCA’s and IQA’s modules.

Typically covering :-

Requirements of ISO 19011:2000 and ISO 9001:2008.

The last day shall be allocated for a ‘mock adequacy and compliance audit’ conducted by the client’s IQA team.

Client shall provide feedback forms and Certificates of Participation/ Successful Completion.

PHASE THREE - REVIEW

Segment Five

Monitoring Internal Quality Auditing Activities (IQA) (6)

Management Review Meeting (MRM) (7)

(7) If invited by the Client, Consultant may attend the MRM only as an observer. If otherwise, Consultant will need a copy of the MRM minutes to evaluate effectiveness and compliance.

In both cases, Consultant shall provide the MRM evaluation to the Client.

(6) Monitoring of NCR, CAR, Reporting, Follow Up, Verification.

(7) Monitoring MRM Inputs and Outputs including :

· IQA results
· Customer feedback
· Process performance and product conformity
· Status of preventive and corrective actions
· Changes affecting QMS
· Continual Improvement
· Resource Management

Segment Six

Independent Mock Adequacy and Compliance Audit(8)

Preparation and Presentation of findings to the Client.

(8) Full system audit – Verify adequacy of QMS documentation, data & records based on random plant and office activities, sampling basis, and interview related staff.

Despite Consultant may issue NCR(s) and CAR(s) but this audit shall not form part of the Client’s QMS and/or certification benchmarks.

Consultant’s NCR and CAR shall only be taken as independent opinions and as suggestions to further improve the client’s system.

PHASE FOUR - CERTIFICATION

Segment Seven

Assisting the Client on Certification Arrangements(9)

Final Briefing on Certification Audit(10)

(9) Coordinate with QMR on communication with certification body.

(10) DOs and DONTs during certification audit.

Consultant shall not be present during the adequacy/compliance audit (certification audit) but shall follow up on the results of such audit including NCR/CAR issued.

On the government procedure : You can click here as a sample:

Please take into account EIA from DOE

I like to thank MQA Tech and Topmine for their expertise and assistance for their inputs.

What I'm going to focus is on the typical capabilities and what the authorities are really looking for. Here's a sample :

On the company :

What is the typical process involved in iron ore? Here are some hints :

i. The company can conduct mining prospects for their customers, and undertake the appropriate development stages to bring mines into operation:

Exploration, Feasibility studies, Design and construction, Project management, Mine planning and scheduling, Infrastructure and mine-site establishment, Pre-stripping

ii. The company must have resources and expertise for each step of the mining production cycle:

Drilling and blasting, Excavation, Loading and hauling, De-watering, Ground support, Mobile plant operation and maintenance



iii. The company is experienced in the design, construction, project management and operation of processing plant and transport infrastructure at each activity level:

Washing, Crushing and screening, Blending, Concentrating, Process plant operation and maintenance, Sampling and product analysis, Ship loading

iv. The company are well connected to a worldwide network of buyers, in most typical Asian cases - major Chinese commodity consumers, and we provide shipping logistic requirement to deliver products to their final destinations.

Logistic services, Shipping chartering, Port authority approvals, Marketing



Environmental and Safety Measures

As a corporate responsible citizen, the mining operation shall adopt adequate pollution control and safety measures in running the mine according to International Standards and Codes of Practice i.e.EMS 14000 and OHSAS 18000 etc. The following is a typical practice :



Impact Related to Mining Operation

The most significant environment issues related to any mining project are found to be related to mine effluent water discharge into the nearby river. However, with the implementation of sufficient tailing pond systems it is envisaged that the mine effluent water will not be a problem to the environment.

Water quality monitory scheme will determine whether the proposed remedial measures are effective in controlling the environmental issues.

Upgrading and Maintenance of Access Road

Regular maintenance includes patching up potholes, minor grading and further resurfacing shall be undertaken for the access/haulage road on a regular basis. This includes sprinkling of water reduce dust emission. A washing bay system will also be implemented to clean lorries before they leave the mine site.

Waste Disposal

The proposed mining scheme shall employ an environmental friendly waste disposal system. The waste disposal system will be described in the following sections.

Solid Waste Disposal

Solid wastes are not expected to cause any major problems. Wastes generated are basically garbage from the office. Scraps from the operation will be collected and sold to scrap dealers.

Pollution Control

Comprehensive measures will be adopted to control and minimize dust emissions:·

Noise Control

Generators with compressors will be housed with noise shields and air compressors within enclosed buildings. Proper maintenance of the vehicles will also reduce noise pollution. Screening of the site with earth bunds help to reduce noise generation and dust.

Rehabilitation and Abandonment

Planned and orderly removal and disposal of various plants, structures, and facilities shall be required under the unforeseen event of abandonment.

Necessary restoration or rehabilitation plans for any Project site after the cessation of Project operation are also essential.

Rehabilitation plan will be carried out progressively to the allowable extent that will not hinder the mining operation. Small part of the mined out are will be filled and levelled to its original ground condition and shrub plants and tree seedlings will be planted on the levelled area. Any project in short term in nature, which means the treatment plant shall be dismantled and transported out of the project area after the iron ore reserves has been exhausted. Based on experience, the total environmental disturbance caused by any project is minimal, and decreases as the areas concerned are returned to its natural form.

The disturbed area shall be cleared and cleaned from all debris and waste products. The balance reduced material shall be disposed off at a safe and approved dump area.

Remedial measures in the form of restoration and rehabilitation of the area are indeed necessary to be initiated in order to prepare the area for future use. Incorporation of these measures into the planning of the mine developments is therefore vital. The mine management has therefore planned to incorporate the element of reclamation and restoration process into their overall long-term plan of the mine. In short, the restoration is being carried out progressively and concurrently with the mining operation itself. As rehabilitation works are to be carried out in a progressive manner in tandem with the ongoing mining operation. Major part of rehabilitation costs will be absorbed by the mine operation costs.







REFERENCE OF CODES OF PRACTICE

MS ISO 2597-1 : 2002 - Iron ores - Determination of total iron content - Part 1: Titrimetric method after tin(II) chloride reduction. This Malaysian Standard specifies a titrimetric method for the determination of the total iron content of iron ores using potassium dichromate after reduction of the trivalent iron by tin(II) chloride.

MS ISO 7764 : 2002 - Iron ores - Preparation of predried test samples for chemical analysis. This Malaysian Standard specifies a method for the preparation of predried test samples of natural iron ores, and iron ore concentrates and agglomerates, including sinter products, which are to be used for the determination of analytical values of constituents on a dry basis.

MS ISO 9035 : 2002 - Iron ores - Determination of acid-soluble iron(II) content - Titrimetric method. This Malaysian Standard specifies a method for the determination of iron(II) content in natural and processed iron ores containing from 1 % to 25 % acid-soluble iron(II) and only traces of metallic iron.

MS ISO 2596 : 2003 Iron ores - Determination of hygroscopic moisture in analytical samples - Gravimetric and Karl Fisher methods. This Malaysian Standard specifies the following two methods for the determination of 0.05 % (m/m) to 6 % (m/m) of hygroscopic moisture content in test samples of natural or processed iron ores:

- Method 1 - Gravimetric method;
- Method 2 - Karl Fischer method.

Either method 1 or method 2 is used where the analytical value of the constituent to be calculated to a dry sample basis is higher than 10 % (m/m) in the following types of ores:

a) processed ores containing metallic iron (direct reduced iron);
b) natural or processed ores in which the sulfur content is higher than 0.2 % (m/m);
c) natural or processed ores in which the content of combined water is higher than 2.5 % (m/m).

The result from the determination of hygroscopic moisture using this Malaysian Standard is not reported as part of the analysis of an ore sample.

NOTES:

1. Where the reportable hygroscopic moisture content of a commercial consignment of ores is required, the procedure in ISO 3087:1987, Iron ores-Determination of moisture content of a consignment is used.

2. With natural or processed ores outside the field of application specified in a) or b) or c), a determination of a constituent at any level of concentration can be conducted using a predried test sample prepared as specified in ISO 7764:1985, Iron ores-Preparation of predried test samples for chemical analysis.

MS ISO 2598-1 : 2002 - Iron ores - Determination of silicon content - Part 1: Gravimetric methods. This Malaysian Standard specifies two gravimetric methods for the determination of the silicon content of iron ores. These methods are applicable, with certain limitations, to silicon contents between 1% (m/m) and 15% (m/m) in natural iron ores, iron ore concentrates and agglomerates, including sinter products.

MS ISO 2598-2 : 2002 - Iron ores - Determination of silicon content - Part 2: Reduced molybdosilicate spectrophotometric method. This Malaysian Standard specifies a reduced molybdosilicate spectrophorometric method for the determination of the silicon content of iron ores. This method is applicable to silicon contents between 0.1% (m/m) and 5.0% (m/m) in natural iron ores, iron ore concentrates and agglomerates, including sinter products, especially for ores containing fluorine.

MS ISO 2599 : 2004 - Iron ores – Determination of phosphorus content – Titrimetric method. This standard specifies a titrimetric method for the determination of phosphorus content of iron ores, using hexaammonium heptamolybdate (ammonium molybdate). This method is applicable to a concentration range of 0.10 to 5.0% (m/m) of phosphorus in natural iron ores, and iron ore concentrates and agglomerates including sinter products.

MS ISO 3082 : 2002 - Iron ores - Sampling and sample preparation procedures. This Malaysian Standard gives:

a) the underlying theory,
b) the basic principles for sampling and preparation of samples,
c) the basic requirements for the design, installation and operation of sampling systems for mechanical sampling, manual sampling and preparation of samples taken from a lot under transfer to determine the chemical composition, moisture content and size distribution of the lot. Sampling and sample preparation procedures for physical testing are specified in ISO 10836.

MS ISO 3084 : 2002 : Iron ores - Experimental methods for evaluation of quality. This Malaysian Standard specifies experimental methods for the evaluation of quality variation of iron ores for each type of iron ore being traded and for each handling plant. Two distinct approaches are specified. The first is to analyse interleaved samples composed of a number of paired increments taken and combined alternately following stratified sampling or systematic sampling as specified in ISO 3082. The second is to collect and analyse individual increments and then to analyse the data using variograhic methods.

MS ISO 3085 : 2002 : Iron ores - Experimental methods for checking the precision of sampling. This Malaysian Standard specifies experimental methods for checking the precision of sampling of iron ores being carried out in accordance with the methods specified in ISO 3081 or ISO 3082.

MS ISO 3086 : 2002 - Iron ores - Determination of the moisture content of a lot. This Malaysian Standard specifies experimental methods for checking the bias of the sampling of iron ores, when the sampling is carried out in accordance with the methods specified in MS ISO 3081 or MS ISO 3082, having as reference a stopped-belt sampling method according to MS ISO 3081.

MS ISO 3087 : 2002 - Iron ores - Determination of bulk density. This Malaysian Standard specifies two methods for measuring the bulk density of natural and processed iron ores.

Method 1 is applicable to iron ores having a maximum particle size of 40 mm or smaller.

Method 2 is applicable to iron ores having any maximum particle size.

MS ISO 3886 : 2004 - Iron ores – Determination of manganese content – Periodate spectrophotometric method. This standard specifies a spectrophotometric method for the determination of manganese content of iron ores. This method is applicable to a concentration range of 0.02 to 8.0% (m/m) of manganese in natural iron ores, and iron ore concentrates and agglomerates including sinter products.

MS ISO 4687-1 : 2004 - Iron ores – Determination of phosphorus content – Part 1 : Molybdenum blue spectrophotometric method. This standard specifies a molybdenum blue spectrophotomettric method for the determination of phosphorus content of iron ores. This method is applicable to phosphorus content between 0.003 to 2.0% (m/m) in natural iron ores, and iron ore concentrates and agglomerates including sinter products. The presence of arsenic, barium or titanium does not affect the result.

MS ISO 4688-1 : 2004 - Iron ores – Determination of aluminium content – Part 1 : Flame atomic spectrometric method. This standard specifies a flame atomic spectrometric method for the determination of aluminium content of iron ores. This method is applicable to a concentration range of 0.1 to 5.0% (m/m) aluminium in natural iron ores, and iron ore concentrates and agglomerates including sinter products.

MS ISO 4689 : 2004 - Iron ores – Determination of sulfur content – Barium sulfate gravimetric method

This standard specifies a barium sulfate gravimetric method for the determination of sulfur content of iron ores. This method is applicable to a concentration range of 0.01 to 1.0% (m/m) sulfur in natural iron ores, and iron ore concentrates and agglomerates including sinter products.

MS ISO 4690 : 2004 - Iron ores – Determination of sulfur content – Combustion method - This standard specifies a combustion method for the determination of sulfur content of iron ores. This method is applicable to a concentration range of 0.002 to 0.25% (m/m) sulfur in natural iron ores, and iron ore concentrates and agglomerates including sinter products. The results are not affected by the presence of fluoride.

MS ISO 4691 : 2004 - Iron ores - Determination of titanium content – Diantipyrylmethane spectrophotometric method. This standard specifies a spectrophotometric method using diantipyrylmethane for the determination of titanium content of iron ores. This method is applicable to a concentration range of 0.01 to 6.0% (m/m) of titanium in natural iron ores, and iron ore concentrates and agglomerates including sinter products.

MS ISO 4693 : 2004 - Iron ores – Determination of copper content – Flame atomic absorption spectrometric method. This standard specifies a flame atomic absorption spectrometric method for the determination of copper content of iron ores. This method is applicable to a concentration of 0.003 to 1.0% (m/m) of copper in natural iron ores, and iron ore concentrates and agglomerates including sinter products.

MS ISO 4701 : 2002 - Iron ores - Determination of size distribution by sieving. This Malaysian Standard specifies the methods to be employed for determination of size distributions by sieving of iron ore, utilizing sieves having aperture sizes of 36 mm or larger.

MS ISO 6467 : 2004 - Ferrovanadium - Determination of vanadium content - Potentiometric method. This standard specifies a potentiometric method for the determionation of vanadium content for ferrovanadium. The method applies to alloys having a vanadium content less than or equal to 85 % (m/m).

MS ISO 6830 : 2004 - Iron ores – Determination of aluminium content – EDTA titrimetic method

This standard specifies a titrimetric method using EDTA for the determination of aluminium content of iron ores. This method is applicable to a concentration range of 0.25 to 5.0% (m/m) aluminium in natural iron ores, and iron ore concentrates and agglomerates including sinter products.

MS ISO 7834 : 2004 - Iron ores – Determination of arsenic content – Molybdenum blue spectrophotometric method. This standard specifies a molybdenum blue spectrophotometric method for the determination of arsenic content in iron ores. This method is applicable to a concentration range of 0.0001 to 0.1% (m/m) of arsenic in natural iron ores, and iron ore concentrates and agglomerates including sinter products.

MS ISO 9516-1 : 2004 - Iron ores – Determination of various elements by X-ray fluorescence spectrometry – Part 1 : Comprehensive procedure

This standard sets out a wavelength dispersive X-ray fluorencence procedure for the determination of iron, silicon, calcium, manganese, aluminium, titanium, magnesium, phosphorus, sulfur, pottasium, tin, vanadium, chromium, cobalt, nickel, copper, zinc, arsenic, lead and barium in iron ores. The method has been designed to cope with iron ores having high ignition losses. The method is applicable to iron ores regardless of mineralogical type. The determination of total iron content cannot be used for referee purposes.

MS ISO 9682-1 : 2004 - Iron ores – Determination of manganese content – Flame atomic absorption method. This standard specifies a flame atomic absorption method for the determination of manganese content of iron ores. This method is applicable to a concentration range of 0.01 to 3.0% (m/m) of manganese in natural iron ores, and iron ore concentrates and agglomerates including sinter products.

MS ISO 11534 : 2004 - Iron ores – Determination of tin content – Flame atomic absorption spectrometric method. This standard specifies a flame atomic absorption spectrometric method for the determination of tin content of iron ores. This method is applicable to a concentration range of 0.001 to 0.015% (m/m) tin in natural iron ores, and iron ore concentrates and agglomerates including sinter products

MS ISO 13310 : 2004 - Iron ores – Determination of zinc content – Flame atomic absorption spectrometric method. This standard specifies a flame atomic absorption spectrometric method for the determination of zinc content of iron ores. This method is applicable to a concentration of 0.003 to 1.0% (m/m) of zinc in natural iron ores, and iron ore concentrates and agglomerates including sinter products.

MS ISO 15967 : 2004 - Direct reduced iron - Determination of tumble strength of hot iron briquetted iron (HBI) This standard specifies a method for the determination of the tumble strength of hot briquetted (HBI).

Nik Zafri 03/24/2011 03:04 AM

Assalaamu'alaikum wbr. Dato Seri.

I just like to propose my 'very raw humble grassroot idea' about TERAJU. I know that this has recently being launched and perhaps guidelines on the 5 KRA has also been printed. Here goes :

• Entrepreneurship and Wealth Creation

How : At the grassroot level, the companies associated with the program especially those involve in some central contracts or projects or equivalent should have at least ONE program known as "Vendor Development Program" from incubation phase to full pledged (well-trained and equipped) vendors with a vision towards reaching highest phase - a smart partner, or form up strategic alliance not to mention being a franchisor.

However - The terms, conditions, stakeholding, financing, priority, technological transfer etc. must be CLEAR and not burdening potential vendors.

• Funding

How : Equity Financing (e.g. holding some shares and investing in potential companies (viable, feasible & sustainable companies - taking into account projected gearing) by associated companies in TERAJU, or via Venture Capital etc. till the small timers become big timers geared to towards listed in ACE or Main Board.

• Education and Employment

How : At the school & university level, more changes to include 'Competency' and 'Practical' modules including a simulated environment,visits,sampling and application, interviews with or lectures by experienced professionals at the end of the course or subject or semester etc.

• Institutional and Policy Instrument Review

Am not so clear about this one. It sounded like economics or I could be wrong - monetary? Despite of that; both economics and monetary are enough and there is no need to add another one (just upgrade the current ones) - anyway..review is a good idea.

• Stakeholder Management

How : Enhance the current Corporate Governance and we're in business.

Thanks and regards.

Nik Zafri

http://www.nikzafri.blogspot.com
e-mail : nikzafri@gmail.com

GDP OF 6% IS FINE - By Nik Zafri

I'm not working with Bank Negara but when "smart" people (who is also not employed with Bank Negara as well) started to question Malaysia's targeted GDP of 6%, they are overlooking inflation, money flooding in without control, rising consumer demand and escalating commodity costs.

Before questioning the credibility of Bank Negara Governor, Tan Sri Zeti, I would like to point some things out for the sake of discussion.

We should consider inflation based on CPI (*energy, food etc) - which is the inflation's benchmark to determine our financial market.

(*I'm looking into the volatility of these prices translated from what I see on the field myself - people at ALL levels especially the medium income and the poor ones rather than sitting comfortably in an air-con office suite and thinking how to get publicity by criticizing Bank Negara)


GDP represents total aggregate output of our economy. As a market watcher, I told the investors that "WE MUST PLAY SAFE" - do not be too ambitious - so 6% is FINE by the standard of investors as the figures have been adjusted for inflation.

Let's say Gross GDP calculated 6% higher than last year, inflation measured 2% over the same period, thus : net growth over the period is reported as 4%.

Investors will look into GDP's annual growth - the primary stock performance driver - in order to determine whether 'to invest or not to invest'. Yes, it's true that if there in no change or a decline in the overall economic output, investors will translate these datum into companies inablity to make profit

So how about TOO MUCH GDP Growth? (or not 'trying to play safe' - take some risk) Definitely inflation will increase - killing the gains in the stock market hence our RM is also devaluated. So here we can see what will happen - more and more crime might happen, prices of food my go 'sky high' and unaffordable, more unemployment, more controlled of financing/loan/grants etc.

Furthermore it sounds good to increase GDP by linking to lowering unemployment rate but it will be out of control when supply decrease faster while services and goods' aggregate demand increase, constraint in the labour market that will result in company raising salary - where will this all end? Consumers definitely - in the form of price going higher. (Yes, in some way, some people are making profits out of these - maybe that's the reason they are restless seeing 6% GDP)

We should learn from what is happening around the world especially from the US. Almost all the US economists will agree with me that GDP growth causes inflation and inflation begets hyperinflation. The process can become a self-reinforcing feedback loop. Everyone in the world will start spending money which they know will be less valuable in due course. So...more increase in GDP = more price increase! Inflation are non-linear - 10% inflation is much more that twice as harmful as 5% inflation.

With that I rest my case.
------------------------------

FOR READING PLEASURE

JAPAN WILL SURVIVE! - ARTICLE AND RESEARCH BY NIK ZAFRI


What is happening in Japan is very tragic. Our hearts go out to all those suffering.

It is with heavy heart when I wrote this article as too many questions been e-mailed to me about the post-economic effects of the Tsunami and quakes in Northern Japan.

Definitely oil prices slumped below $98/barrel. This would be worse depending on the situation at the nuclear plant.

Some large nations including China is cutting back nuclear-investment. It means that there is and will be higher demand for oil.

Already global stock markets sharp falls have been observed.

I stand with other global analysts that the immediate dampening effect of the earthquake on Japanese oil demand soon would be reversed. Let not anyone forget about the current crisis the Middle East and North Africa, recovery process in Egypt and the latest "Libya and Gaddafi's Factor" is also affecting the global oil price.

On Japan itself, yes they will be affected somehow - judging by the past experience of Kobe, it has caused > USD100 billion of damages with more than 5000 people are killed.

The death toll now; as I speak; unfortunately; is more than Kobe. Not to mention the grid and network of electrical and communication which may affect macroecomically speaking across the nation.

Furthermore, global ripple effects especially on the United States would be on the auto industry, semiconductors etc.

How would investors in Japan react?

Not good, there are talks about them dumping some of that debt (government bond) in Japan despite assurance there will be budget - spend massive amounts of money rebuilding infrastructure and factories in Northern Japan.

Also there have been rumours about pulling yen out of the abroad market for rehabilitation purposes in the affected places in Japan. But the affect is short term and yen may strengthen but not in the interest of the Feds. With the sharp increase of commodity and oil prices, interest rates might be pushed up.

For the opportunists or 'profitists?' (if there is such word)?

Well as usual - sort term sell-offs = long term gain if you are up to it.

1. Auto industry - Japan's sales is more focussed outside and performing splendidly - take Toyota for example - they will go through this as they still have cash - lots of them

2. Nuclear & Uranium - Operators are worried about regulatory and political even monetary policies.

This is a normal case - If you all recall the BP/oil spill case which lead to more offshore drilling - then please do not worry.

I quote this from Motley fool website :

Southern Co. (NYSE: SO) and Exelon (NYSE: EXC) stand out as two intriguing names that have traded off a bit on the market's tumults. Exelon, in particular, has been hit hard and offers big upside. Exelon might be the largest nuclear power producer in the U.S., but about 1/3 of its power generating capacity comes from sources other than nuclear. For that matter, the company operates regulated utilities which offer very consistent cash flow and, frankly, have no real exposure to the drama you're seeing on television. Put it all together with a 5% dividend yield and a valuation that already assumes paltry growth, and you're looking at a bargain.


The Motley Fool are so cool that they also 'agree' to my answer :

Shrinking in uranium demand? No way. China and Russia will continue to create a long term demand growth!!

We have seen how Japan move up after Hiroshima and Nagasaki, after Kobe incident - so what would stop them from going up after this one? Because of there will be heavy spending - in the medium term - they will be UP!

I'm not a Japanese but I do know how the system works over there...so don't create more panic, do not listen to rumours.
----------------------------

Menjawab soalan dari seorang rakan di luar negara mengenai impak pos-bencana di Jepun ke atas negara-negara ASEAN


Nik Zafri :

Terima kasih saudara kerana soalan berkenaan.

Secara ringkasnya :

KDNK Jepun akan menjadi perlahan tetapi hanyalah bersifat sementara tetapi saya pasti ianya akan 'pick-up' pertengahan 2011 kerana program pembinaan semula.

Walaupun terdapat laporan ketidaktentuan kerana reaktor nuklear, berpandukan pengalaman Hiroshima dan Nagasaki, mereka pasti akan berjaya dalam usaha membangunkan semula negara matahari terbit ini.

Terdapat suara-suara kebimbangan di kalangan negara ASEAN namun impak sebenarnya adalah sangat terhad kecuali sektor pengeluaran automotif dan elektronik.

Potensi KDNK ASEAN sangat tinggi kerana keupayaannya untuk melepasi tahap bahaya selepas krisis global yang bermula dari US (Sab-Prima) dahulu. Jadi saya berpendapat ASEAN akan dapat memproses impak bencana Jepun dengan baik serta merancang satu usaha untuk melepasi tahap ini pula. Kita sebenarnya bertuah kerana mempunyai ramai pemikir-pemikir strategik di negara-negara ASEAN.

Yang paling penting, kita mengawal perasaan supaya kita tidak panik. Kerana, andaikan kita gagal mengawal impak dengan baik, kita akan berhadapan dengan masalah baru iaitu inflasi kerana terdapat tanda-tanda kenaikan dalam kemasukan portfolio modal, kenaikan harga komoditi serta makanan. Negara-negara yang berpendapatan rendah akan pasti merasai kesan ini.

Seperti biasa, tugas mencari jalan bagi merendahkan kadar inflasi sekiranya ia berlaku bergantung kepada negara-negara ASEAN lain untuk merangka satu cara atau polisi yang strategik.Kenaikan komoditi secara berterusan mungkin akan menyebabkan situasi ketidaktentuan di masa hadapan.


Saya mendapat beberapa info dari rakan penganalisa barat yang rata-rata memberitahu saya bahawa ASEAN mempunyai potensi yang tinggi TERUTAMANYA Malaysia dan Singapura disebabkan situasi ketidaktentuan di Timur Tengah, Eropah, Korea dan kini di Jepun.

Oleh sebab kedudukan ini, Malaysia perlu memainkan peranan besar dalam ASEAN termasuk China.

Walaupun China akan menjadi kuasa ekonomi yang besar terutamanya pengekspot dan pengeluar, namun ianya akan bergantung kepada sokongan rakan-rakan ASEANnya. Di sini Malaysia boleh berkongsi pengalaman menerusi proses industrialisasi dan urbanisasi yang selama ini terbukti menjadikan Malaysia negara maju pada tahun 2020.

Lagi pun, Malaysia merupakan satu-satunya negara yang masih aman, maju dan makmur serta tidak mengalami apa-apa bencana alam yang besar seperti negara-negara lain di dunia. Alhamdulillah.

Wassalam - perlu diingatkan ini adalah pendapat peribadi berdasarkan kajian saya dan bukanlah mewakili mana-mana pihak.

As expected, there was some major changes in the price of Sern Kou Resources Berhad on Thursday, 10 March, 2011.

Although it has not reached the expected price (not yet) but it still has great potentials! Keep it coming guys!

The Star Metro
Home > Metro > Central
Thursday March 10, 2011

CAR ALARM WITH A DIFFERENCE

By CHRISTINA LOW
christinalow@thestar.com.my

Photos by ABDUL HALIM


EVERY TIME R. Ravindran goes out to a shopping mall with his family, one thing he will not forget to do is to send a text message to the four-wheeler, just to know it is safe.

He will then receive a reply in less than a minute informing him of the exact location of the car.

It may sound crazy but for Ravindran, the SMS is the best first-hand news he can get about his vehicle.

The 40-year-old, who is a trained chartered accountant, has a huge passion for security devices after working for a local manufacturer for close to 13 years.



High-tech: Ravindran with the locally made Immo-Com car security device.

During the stint, Ravindran said the company made power windows, car alarms, reverse sensors and central locking systems before supplying it to local car manufacturers.

“When I left the company in 2009 to start one of my own, the home alarm systems was one of our line of products,

“However coming from a car alarm system background, I have always wondered how I can integrate both home and car systems,” he said.

In the same year, he started a project to put together a car alarm system which he felt could be the answer to his problems.

“We have all kinds of security systems for cars in the market. Some are so loud when triggered off and no one knows if your car is being taken away or the system is faulty,” said Ravindran, who is the director of Secure Intellect Technology Sdn Bhd.

Often, no one bothers about it and the owner would probably end up being the last person to find out.

Explaining how the simple system works, Ravindran said: “When your alarm is triggered, the system which runs on a GPS and a phone SIM card would automatically send you a SMS informing you that the car’s alarm has been set off.

“Accompanying the message is the location of the car and also details informing if the car’s engine is switched on or otherwise,” he said.

If the thief stealing your car drives off with the car, the owner can continue sending SMSs to his car and would get replies informing him of its location.

He said he could opt to immobilise the car by typing ‘PW1234;IMMO=ON’ to the car’s phone number.

During the interview, Ravindran said any phone could activate the immobiliser of the car if they knew the password and phone number.

“You should not tell anyone the SIM card number and password.

“However, you can let two family members know the number and password so they too can be informed about the car when the alarm is triggered,” he said.

To demonstrate how the system works, Ravindran showed us the trick on a different cellphone, while driving.

The aim was to immobilise his car and hardly a minute after sending the short SMS, his car came to a halt.

He then sent another SMS ‘PW1234;IMMO=OFF’ and he could restart the engine without a glitch.

“This system is not only simple and easy to use but it informs the car owner directly and is also useful for the police to track the whereabouts of the car,” he said.

The locally produced Immo-Com device by Secure World is small enough to fit into the palm and is currently available at a promotional price of RM1,848 with one year warranty.

Installation takes about 90 minutes and the company has appointed dealers in various parts of the country such as Kelantan, Terengganu, Pahang, Perak, Malacca, Kuala Lumpur and Selangor.

Ravindran said the device could also be transferred to another car if one decided to change their vehicles.

For details on the product, call Ravindran at 019-232 2911 or visit www.sit2u.com.my.
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Nik Zafri :

I look into this article and immediately got so interested in it. I sms Mr. Ravindran expressing my interest to republish this article online. Soon, Mr. Ravindran himself returned my call, very nice chap. I told how impressed I am with this statement :

“We have all kinds of security systems for cars in the market. Some are so loud when triggered off and no one knows if your car is being taken away or the system is faulty,”

I hope soon, the system will be interfaced with the PDRM or JPJ so that it makes their job easier as well.


---------------------------------
I then visited the website and got hold of this :



Protect your vehicle and love ones with IMMO-COM. It gives you peace of mind, as your car is always with you wherever you go. It protects your car by communicating and immobilizing through these features:

* INFORM
You will be notify immediately when your car is tampered or break-in.

* STOP
Immobilize your car through your mobile phone wherever you are.

* STATUS
You can check the engine status of your car anytime, anywhere.

* LOCATE
You can track and locate your car through GPS System.




---------------
Nik Zafri :

By the looks of it, I think it can go more than putting the car into a halt, it may also sound the horns, lock the door or probably loud voice alert "You are not an authorized user" followed by an alarm or perhaps automatic dial to PDRM or JPJ.

Kinda like "Knightrider" - I told Mr. Ravindran and he chuckled.

I hope soon, the system will be interfaced with the PDRM or JPJ so that it makes their job easier as well.

And the price is OK by Malaysian standards - I think lower than the current GPS mechanisms - it's worth to try..

KEADAAN DI MESIR

Soalan : Salam Encik Nik. Apa pendapat tuan mengenai krisis di Mesir dan apakah agaknya jalan penyelesaian yang sesuai? Selain itu, siapakah; dalam pendapat tuan akan menggantikan Presiden Husni. Bagaimana pula keadaan Eropah, Russia, Arab dan negara-negara Benua Asia. Saya minta maaf jika soalan ini terkeluar dari skop perbincangan Encik Nik.
---------------------

Saya bukanlah pakar atau penganalisa politik tetapi hanyalah seorang pemerhati. Jadi pendapat saya hanyalah pendapat yang umum :

Dari apa yang saya perhatikan, kita semua sudah jelas bahawa Presiden Husni Mubarak kini tidak ada jalan lain kecuali turun dari jawatannya. Kerana inilah isunya, rakyat Mesir sudah tidak mahukan Presiden Husni menjadi pemimpin mereka : Itu sahaja, beliau sudah tentu atau sepatutnya sudah memahami isyarat yang ditunjukkan oleh rakyatnya.

Dari maklumat yang saya perolehi, walaupun Presiden itu cuba untuk menggunakan ketenteraan, namun apa yang dilaporkan ialah sebahagian tenteranya sendiri telah menaruh simpati pula pada perjuangan rakyatnya. Ini sudah tentu satu suasana yang perlu lebih dibimbangi oleh Husni - kerana jika benar tenteranya sendiri menyokong perjuangan rakyat, maka dia perlu berundur kerana nadi kekuatan Presiden Husni adalah tenteranya.

Dari maklumat tambahan, saya dapat tahu bahawasanya sokongan rakyat telah mula menampakkan kecenderungan kepada dua orang tokoh penting Omar Sulaiman, Timbalan Presiden yang baru dilantik dan Muhammad Al-Baradi dari pihak pembangkang.

Omar; disebut-sebut; mampu menyelesaikan krisis Israel dan Palestin.

Tetapi Al-Baradi pula adalah seorang yang suka kepada pembangunan dan kemajuan.

Walaubagaimanapun, sesiapa jua yang dilantik kelak, sudah pasti perlu menumpukan masa sepenuhnya kepada pilihanraya umum (mungkin September kelak, jika krisis ini berjaya ditamatkan dalam masa beberapa hari ini) Ini penting kerana perlembagaan dan undang-undang peninggalan Presiden Husni perlu dipinda atas dasar desakan rakyat. Tetapi ada satu lagi beban yang sangat penting perlu ditangani oleh pentadbiran baru. Beban ini ialah Israel kerana sudah tentu hubungan Israel (dan Us) dan Mesir akan bergolak. Tidak kira Omar atau Muhammad, kedua-duanya; jika dilantik; perlu berawas dengan Israel.

Yang paling penting; pada pendapat saya; Presiden Barak Obama atau US tidak harus mencampuri urusan Mesir kerana krisis ini tidak akan berakhir jika US campurtangan. Mungkin negara-negara lain seperti Syria dan Jordan juga akan menjadi lebih panas.

Saya juga menjangka krisis ini mungkin akan mengganggu Eropah dan matawang Euro.

Kebetulan pula terdapat sedikit krisis di Russia di mana terdapat ura-ura menyatakan Vladimir Putin mungkin akan menjadi Presiden Russia.

Ura-ura juga ada menyatakan bahawa kuasa baru ekonomi Asia iaitu China mungkin akan mengambilalih Eropah dan ini tentunya akan menjadikan rantau Asia termasuk Malaysia tempat tumpuan pelaburan yang tinggi samada dari negara-negara Arab mahupun Eropah.

InsyaAllah

HAPPY NEW YEAR 2011 EVERYONE!

I had a few interviews of my own. Many told me that factors of environmental, global economics and marketing strategies have a lot to do with the 'lagging' of export of wooden furniture. (so they claim)

Agreed, they do have but minimal effect on the export but these factors are really prerequisites if you wish to be in the business circle - so you need to think of this before you join and while you're running the wooden furniture industry. It's just some of us wish not to admit that we are actually do not seriously take into account FOREIGN rulings.

So, the issue here is about how the factors of environment, economics and marketing strategies not only to comply with the Malaysian regulations but also to comply with foreign regulations as well. So, all these has nothing much to do or does not moderate the relationship between all export marketing strategy variables and export performance. But surprisingly when you see wooden industry having ISO certification esp. EMS ISO 14001 (or even ISO 9000) you'll be surprised to see how fast they have grown domestically and internationally.

Today I'm going to talk about one such company that I found magnificently striving to comply to these rules. It makes me wonder why are investors are not thinking long term but rather wanted to listen to gossips about logging and wooden furniture industry.

I do not work or having any relationship with this company but I have confidence that this company will perform in the next few weeks or who knows in few days time prior to CNY or immediately after...

Sern Kou Resources Berhad (SKRB) is a Malaysia-based company engaged in investment holding and provision of management services. The Company, through its subsidiaries, operates in four segments: manufacturing, kiln-drying and lamination, logging and processing and others.

It subsidiaries are Sern Kou Furniture Industries Sdn. Bhd., which is a manufacturer of wooden furniture; S.K. Furniture Sdn. Bhd., which is engaged in the provision of spraying services to furniture manufacturer; Valued Products (M) Sdn. Bhd., which is engaged in manufacturing and processing all kinds of timber, wood and related products, and Souncern Timber Sdn. Bhd., which is engaged in the logging and processing of rubber wood and timber.


But I'm not going to touch too much on logging - only their finished product of wooden furniture which I am really impressed.

Led by highly experienced and robust personnel, I noticed the group operations has been generating strong positive cashflow despite the humbleness displayed by the Chairman via the Annual Report. I'm not surprised as I browse through their policies - they are very good! Based on my understanding, they are really dedicating themselves into the industry full time, well-aware and susceptible of what is happening around them.

My guess this group will become a potential performer soon. They practice cost control, product and market repositioning to place themselves back into the export market. It appears they have no fear on what is about to come - I'm certain, they know what I know.

Give it a shot fellas....support our local wooden industry. The products are much more better and cheaper. For those who are in Germany, I'm sure you've seen them at the IMM Cologne Germany (Koln) and I assume purchases have been made.

Look at these interesting items :

http://www.sernkou.com/index.html

http://www.fppsm.utm.my/download/doc_view/35-impact-of-environmental-factors-as-moderator-on-export-marketing-performance-in-wooden-furniture-ind.html

FROM ISLAMIC BANKING TO HALAL HUB - by Nik Zafri



Just like Kosher, Halal Hub has become one of the most successful global business in the world. This is because every major halal certification and religious bodies are working closely with halal manufacturers, suppliers, sellers, buyers, consumers, end users etc.. It becomes the most efficient supply chain I have ever seen myself.

In Malaysia, Halal; like Islamic Banking; has affect almost everyone's life - Muslim and Non-Muslim alike. The Halal Hub construction owned by Perbadanan Industri Halal Berhad stands as a living proof that Malaysia is really serious about Halal.

The only setback is to network more effectively with other Halal authorities to ensure whatever being imported are according to the Halal Standard (for Malaysia, it's MS 1500 (latest version recently issued) - combined with GMP dan where applicable HACCP) Two other issues need to be addressed is export and penetration to the global Islamic Market and the acceptance and recognition of FDA.

I'm aware of the Codex Alimentarius Commission thinks about Malaysia's Halal prospects.

Having Codex is a good thing but it's of not much use if everyone is having their very own standards and codes of practice especially such codes are customized according to the differents sects (Madzhab)

Thus, the Islamic World need to come out with a more comprehensive "Codex" that takes into account the circumstances of hukum based on native Islamic country which may have a certain "leeway and tolerance". If it is to be too stringent, then we may encounter a little bit of a problem of achieving the KPI of increasing the number of halal entrepreneurs. As in many cases, it's not about too many "tolerances or leeways", it is about enforcement.

What is recommended to be done besides giving the Halal certification, the most important is the authorities should have more men, not necessarily paid salary staff but even appointed from the general public. They need to be like "Rakan Cop" and report back to the authorities for further action. But first, they need to be properly trained. (perhaps such module can also be combined into short courses for handling food? - Health Inspectors? Municipal Councils? any takers?)

We shouldn't adopt the attitude wait for report to be lodged, wait for witness, wait for evidence of non-conformity etc, then we'll take action. Halal is not about firefighting, it's about adequate follow-up & surveillance.

I also notice the "Sharie Council" is focussed more on popular fast food chain rather than the slaughtering house. I recommend there should be at least one religious officer to control a certain zone of halal manufacturers from some sort like a kiosk or something like that.

The other challenge is about talking more on OTHER food products rather than focussing "too much on meat and slaughtering issue" I take an example, Artificial White Wine Non-Alchoholic Drink - many Muslims are having "was-was" about the product as well. The attitude need to be changed.

There is also a dire need for the global Halal Authorities to compare within such Codex (perhaps in the Annexure), the difference between Halal and Kosher as well - what can and what cannot be taken.

Despite this "Islamic Codex" may be a bit thicker but I'm sure judging by the success of Islamic Banking with all the thick "codes of practice", I'm confident that Halal can also dominate but playing a harmonic role with Kosher.



-----------------------
A bit about GMP from SGS

Good Manufacturing Practices Certification or GMP Certification provides independent verification and certification necessary for the implementation of an effective Hazard Analysis Critical Control Point (HACCP) food safety program.

GMP is a sanitary and processing requirement applicable to all food processing establishments. Many food industry companies have implemented the GMP certification scheme for food processing as the foundation upon which they have developed and implemented other food quality assurance systems and food safety management systems, such as HACCP, SQF 2000, ISO 9001 and ISO 22000.

Certifying your food management system against the GMP standard will bring the following benefits:

Enhancement of your food safety management system;
Demonstration of your commitment to producing and trading safe food;
Prepare you for HACCP certification;
Increase in consumer confidence in your products; and
Prepare you for inspection by regulatory authorities and other stakeholders (food processing regulation compliant).

*If you are required to have your management systems certified against a multiple international safety or quality standard, you can combine the parallel requirements with good manufacturing practices and cover them cost effectively with a single food audit.

GREEN OCEAN CORPORATION SDN. BHD. (GOCEAN) - GO GREEN, BE GREEN, SELL GREEN - PERSONAL VIEWS BY NIK ZAFRI


(Latest Development! 10.15am - 30/12/2010
STOP PRESS : Plantation related stocks up"

As forecasted - with news that CPO will go up from RM3k-3.5k/metric tonne, today - as I speak - around 9.30am, 30/12/2010 - till now, GOCEAN is experiencing major changes in its price. Congratulations GOCEAN.)



Disclaimer : I do not represent the corporation in this article. Whatever being expressed is solely the author's opinion. Please refer their official website for further information.

I've been looking into some 'sleeping giants' for a long time.



And today I wish to speak on a corporation that attracts my attention for the last 2 weeks of trading. I hope everyone will share my enthusiasm.

(Please don't base your views on their current performance of shares...just read on)

The company was formerly known as Online One Corporation Berhad and changed its name to Green Ocean Corporation Berhad in April 2009. Green Ocean Corporation was incorporated in 2003 and is based in Petaling Jaya, Malaysia.

Green Ocean Corporation Berhad (GOCEAN), an investment holding company, engages in the development of biotechnology products in Malaysia.

As we all know, GREEN is now associated with almost all industries in this world. We have LEEDS Certification (Green Building), EMS ISO 14000, Sustainability, Big Campaigns and various environmental awards for corporations practicing GREEN as part of their corporate responsibility. GOCEAN is definitely one of them - with its strong motto - BUY GREEN, BE GREEN, SELL GREEN.

So to all GREEN lovers out there (yes I'm one of them), here's your chance to save the EARTH!

The company involves in crushing palm kernel, refining palm oil and palm kernel oil, and producing palm kernel expellers and cooking oil.

Despite some quarters felt that maintaining the neutral call on the Malaysian palm oil sector due to current 2 year old palm oil price upcycle, and that Malaysia is continuing with a plan to mandate a 5% palm-oil-based methyl ester blend in conventional diesel by June 2011 (next year), I still somehow notice significant changes in Bursa Malaysia Derivatives’ star product, the Crude Palm Oil Futures contract, or better known by all of us as the FCPO contract which has been cited as the MOST actively traded derivatives contracts and has been the GLOBALLY PREFERRED BENCHMARK FOR THE PRICING OF CPO.

If this is the case, then, GOCEAN and their counterparts will definitely see some significant changes next year. Let's say it's June, 2011, at least they can still prepare themselves for the changes.

GOCEAN also provides information communication technology solutions, including software, and third party hardware and software; implementation and integration services; business continuity outsourcing solutions; and business intelligence solutions.

Being a self-ICT-literate person myself, GOCEAN has definitely invested on the right product. The setback however is unexpected - perhaps GOCEAN is too ahead of time with this plan. Unless the corporation has something to do with government contracts (which I think they will be heading towards that direction) and in the future, taking in many ICT professionals in the field (during expansion), then I know in my heart that ICT is a GOOD Investment. Who knows, GOCEAN might hit the jackpot.

Apart from the abovementioned, GOCEAN offers financial services solutions, infrastructure services, business service management, and information security solutions.

Further, it engages in the research and development of palm oil related industries; and sales, marketing, and distribution of enzyme, conjugated linoleic acid, and direct fed microbials, as well as the marketing and distribution of storage solutions.

Now, can anyone tell me that GOCEAN has no potentials in 2011? I have also noticed some 'reengineering' are being actively done in the company - so someone inside GOCEAN is smart enough to prepare itself for 2011 - for the BEST. We can expect the Q3 2011 results next February. (aah you need tips : Look at the 'expected book value' and 'the future market value' based on my article herein - also look into debt/equity ratio...do some homework 'lah')

Figures might not look so interesting but it's the indicators in the figures that will tell investors what is the future for them. (I've read their past annual reports - I personally think that it's a highly potential company to invest in the long run)

I like to quote Yang Amat Berbahagia Tun Mohamed Dzaiddin Abdullah, Chairman of Bursa Malaysia in the recent 21st Palm & Lauric Oils Conference

"Whether it is for the physical or futures markets, in managing volatility, mitigating risk factors and ultimately ensuring that the industry remains vibrant, price trends are important for palm oil players."

MALAYSIA is a melting pot. A lot of people still do not realize it yet

SHORT NOTE : COMMODITY PRICE CORRELATION TO OIL, GOLD AND CURRENCY - BY NIK ZAFRI



What is the next move?

This is one of the most important question being asked to me by traders as everyone wants to make money.

"I've attended wealth seminars and attempted my level best to follow everything that has being taught. It works to a certain level but after a while, it's already too late for me to turn back. I made losses later"


I told the traders that making money is easier said than done.

Those who are involved in currency trading need to take into account a lot of things rather than be "sitting at your pc, laptop or any other gadgets and look at the charts" (and 'look like a professional' and hope that passers by looking at you would deem highly of you while you're sitting at Starbucks or some 5 Star Hotel Lobby wearing smartly using free wi-fi facility without buying any refreshments)

Economy still and will play an important role - all rules apply - export, demand and supply, growth, interest rates, GDP etc. Without all these (FX + Economy), then the next step would probably be is - to justify how politics play a role in what we termed as "sentiment".

All sentiments have a justification. Without justification - the sentiment is equivalent to a rumour or turned against you as speculation and irrational hedging.

Understand that commodity can play a big role in the market.

Once you see that a certain currency has a weaker correlation (with commodity price), then put them aside immediately. Don't take any further risk. (in short - don't try to be a hero)

What about Oil and Gold?

Yes, two of the most popular benchmark. Here's the deal :

Fluctuation of Commodity Price = Sudden surge of oil price

Sudden Surge of Oil Price is most likely TEMPORARY (trust me) - yes, at least a year or so, it will plummet back.

Gold hit a high price (again TEMPORARY) = and again hit a low price also in a year or so (every year I see this trend)

Once again the price of commodity; taking into account - global recession; plays a role in understanding the bearish and the bullish situation.

USD and oil are closely related but the correlation tends to break on daily basis - but it becomes stronger in the long run. This however requires patience and no panicking. USD is an inverse trading instrument thus making the 'strangest' thing happening - USD go down, oil price goes up - vice versa.


(Japan)

(I need to point out that whenever oil price skyrocketted will make some countries suffer for example Japan. A fully industrialized nation but depending on the imports for primary energy. Just look at the trading history of USD against Yen - it's important that that oil price 'to fall' to ensure break a certain level to hit lower)


Which Currency correlated with Gold in a harmonious way?



You don't need 3 guesses for that - it's definitely Australian Dollar. (it's not surprising that they are the top 3 gold producers) Australian dollar appreciates as much as the rising of gold prices. New Zealand is getting advantage out of Australia's prosperity and NZ never had much problem exporting its goods. Again seeing the fine commodity trend in Australia, I'm not a bit surprised that they will always be the FIRST to be out of the recession. So again, commodity!


Political Sentiment?

Neutrality and Uncertainty of Politics do play a big role in correlating gold prices and the currency.

Here's my simple formula :

1) A healthy politics (in the eyes of the traders) will usually turn gold as a support a certain currency

2) Unhealthy politics will usually switch the trading of that particular currency to another currency which is backed up by gold during 'healthy politics'.

The only thing that can break this relationship is decoupling (refer 09/2005 when USD decoupled from gold price movements)

Closing

Smart experienced traders tend to switch commodity and currency or vice versa. The earn interest with high margin but taking into account countries having interest rates. Again, I didn't say that there is no risk.

e.g.

3% from e.g. Central Bank
= amount earned subtract 0% rates paid (shorting USD for e.g.)
= 10X leverage (underleveraged rates).
= surge of interest income whenever net of exchange rate changes.

But don't count on this - you will see how dangerous this situation to you when the trade turns against you.



Play safe : Although the effects are slow, commodity prices can still be used as a benchmark on gold, oil and currency market.

WHAT'S DRIVING GOLD?

(A)

Cause :

Growth in World Money Supply

Years of easy monetary policies by central banks and now the trillions of dollars in economic stimulus to fight the global recession

Effect :

Inflationary Pressures

Excess cash in marketplace eventually tends to bid up prices for goods and services

Possible Ramifications

Declining Confidence in Paper Money

The prospect of inflation lowers confidence in Paper money a a store of value leading may investors to buy gold to preserve their wealth

(B)

Cause :

Volatile Stocks and Oil Prices

After several bull market years, stock and commodity markets turned down dramatically in 200 as the global economy slid into recession. While markets have partially recovered from their low, they remain volatile and many investors remain focused on capital preservation

Effect

Safe Haven Appeal

With other hard assets like real estate and commodities losing value, there was a revived appreciation of gold as a safe haven for investors seeking to protect themselves during difficult times.

Possible Ramifications

Increased Demand for Gold

The recession of 2008 created a large new class of gold investors. The strong demand exerted by this group, along with traditional gold buyers, drained the global inventory of gold coins and gold bars, thus driving up the price of bullion at a time of shrinking worldwide production.

(C)

Cause :

China

Gold has long been prized in China, which is one of the world's largest producers and consumers. Increasingly China's gold market has become more liberalized

Effect :



Trade Surplus

China has a huge trade surplus with the U.S. and Europe that generates vast quantitites of foreign currency. China also has one of the world's highest savings rates.

Possible Ramifications

China buys a considerable amount of U.S. Government debt, but it is diversifying its reserves by increasing its holdings of gold. In addition, China is pursuing investments to recycle its dollars into natural resource projects.

(D)

Cause :

Low Gold Price in 90s

After climbing as high as $850 an ounce in 1980, gold dropped as low as $252 an ounce in 1999.

Effect :

Cuts in Exploration

Low prices and environmental controls discouraged mining companies from spending the money to find new supplies of gold

Possible Ramifications

Falling Production

The lack of investment during the low-price years means new supplies of gold have not kept pace with gold demand

(E)

Cause :

Low Interest Rate

When real interest rates are low many investors turn away from paper assets with declining value and instead turn towar assets with real value, like gold.

Effect :

Hedging Curtailed

When interest rates are low, there is little incentive for hedging. As a result, gold is removed from the market.

Possible Ramifications

A decline in hedging shrinks short-term gold supply, creating a market imbalance during a time of escalating demand.

(F)

Cause :


Credit Crisis

The U.S. economy has been hurt by tighter liquidity associated with heavy losses in the key housing and financial sectors

Effect :

Interest Rate Cuts by Fed

The Federal Reserve has cut interest rates effectively to zero in an effort to lift the economy out of recession

Possible Ramifications

Weaker U.S. Dollar

Rate cuts drive down returns for currency investors. Many of those investors will buy gold as an alternative reserve asset, thus driving up demand.

World economic growth in year 2011



According to the information contained in the new report by the IMF’s World Economic Outlook, the world’s GDP at the end of 2010 could grow by 4,2% (January forecast reported 3.9% growth). With regard to this indicator for 2011, compared to January, it has not changed and remains at 4.3%. According to IMF chief economist Olivier Blanchard, a global recession has been avoided, so that a gradual recovery of world economy is present.

Due to the fact that the world economy recovers faster than planned, evaluation of losses of the global financial sector during the crisis was reduced by 533 billion dollars. Initially it was assumed that the cancellation of bank assets amount to about 2.8 trillion, however, economic recovery has reduced that figure to $ 2.28 trillion. Losses of the U.S. banking system decreased from 1.03 trillion to 885 billion dollars. The total score of bank loan losses decreased by 13%.

For developing countries, where the formation of the market only occurs, they have restored after the world crisis quicker. The highest rate of growth is in Asia, where they make up 8.7% in 2010. The highest recovery rate – China, India, Brazil and Mexico. The growth of Chinese economy in 2010 will amount to 10% and in 2011 – 9.9%. The Indian economy will grow in 2010 by 8.8% in 2011 – by 8,4%. Brazil show 5.5% growth in 2010 and 4,1% 0 in 2011, while Mexican GDP will grow by 4.2% in 2010 to 4.5% – in 2011.



The Russian economy will recover faster than expected. Specifically, in 2010 an increase of 4% instead of the planned 3.6% in January. GDP growth in 2011 somewhat slowed down to 3.3% (in January was a figure of 3.4%). However, qualitative growth of the Russian economy will be small – it has been forecasted before.

The U.S. economy compared to European and Japanese will develop more dynamically. In 2010 the U.S. GDP will grow by 3.1% in 2011 – 2.6%. Japan also will add to its GDP 1.9% in 2010, and in 2011 – 2.0%. As for the euro zone, where the pace of economic development leaves much to be desired, not exceeding in 2010 of 1%. Thus, the strongest European economy – German – to grow as a result in 2010 only 1,2%, and in 2011 – by 1.7%. Somewhat better position in the UK from outside the eurozone. They GDP in 2010 could grow by 1.3%, and in 2011 – even at 2.5%.

Source: abforex.ru