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Showing posts with label VIP. Show all posts
Showing posts with label VIP. Show all posts

Saturday, March 22, 2008

MA WINS TAIWAN PRESIDENTIAL VOTE

Opposition Nationalist Party (KMT) is claiming that its candidate, Ma Ying-jeou, has won more than half the vote in the island's presidential election on Saturday.

This comes amid television reports that Ma has stormed to with an unassailable lead 17-point lead in the vote count.

Local TV stations say that with more than 90 percent of votes have been counted; Ma has a massive lead over Frank Hsieh of the pro-independence ruling Democratic Progressive Party.

His victory will end eight years of DPP presidency under Chen Shui-bian, who is stepping down after the maximum two terms, and which was marked by recurring tensions with China over his pro-independence policies.

Thursday, January 24, 2008

Prof. Shih Choon Fong appointed president of KAUST

No matter who you are, as long as you are the exceptional researchers, faculty and students from around the world, King Abdullah University of Science and Technology, Saudi Arabia will welcome you to fulfill the vision for the new institution as one of the world’s leading research institutions.


King Abdullah University of Science and Technology, Saudi Arabia
(KAUST) is a world-class graduate level science and technology research university which is anticipated US$10 billion, located on the Red Sea 50 miles north of Jeddah in Thuwal. Opening in September 2009, KAUST welcomes exceptional researchers, faculty and students from around the world.


KAUST aims to be a world-class graduate research university that will support scientific discovery and human advancement. King Abdullah bin Abdulaziz laid the foundation stone for the university in October 2007, and it is expected to open in September 2009.

Professor Shih Choon Fong, president of the National University of Singapore, has been appointed as the first president of King Abdullah University of Science and Technology (KAUST).


Custodian of the Two Holy Mosques King Abdullah bin Abdulaziz met with Professor Shih January 12 to congratulate him on the appointment. He is expected to assume his new duties in December 2008.


Shih received his PhD from
Harvard University in 1973. He led the Fracture Research Group at the US-based GE Corporate Research Lab before joining the prestigious Brown University in 1981.


A member of KAUST’s International Advisory Council, Shih is among the highly cited researchers in the world for engineering as compiled by the Institute for Scientific Information (ISI). He has served a consultant to the National Aeronautics Space Administration (NASA), Oak Ridge National Laboratory and the Nuclear Regulatory Commission.


Tuesday, October 30, 2007

Drug warlord Khun Sa dies at 73

Drug warlord Khun Sa, variously described as among the world’s most wanted men and a great liberation fighter, has died in Rangoon, Burma at the age of 73.

Khuensai Jaiyen, a former secretary of Khun Sa who works with ethnic Shan minority guerrilla groups, said his former boss died in Burma’s largest city Rangoon on October 26, 2007 according to his relatives.


The cause of death was
not immediately known, but Khun Sa had long suffered from diabetes, partial paralysis and high blood pressure.

A Burmese official in Rangoon confirmed the death. He was cremated Tuesday morning, the official said on condition of anonymity because he is not authorized to speak to the media.

The cause of death was not immediately known, but Khun Sa had long suffered from diabetes, partial paralysis and high blood pressure.


His body had been kept
since October 26 at a cemetery on the outskirts of Rangoon called Yay Way where the cremation took place, said a cemetery worker, who asked not to be named for the same reason.


K
hun Sa was born on Feb. 17, 1934, according to Bertil Lintner, a leading expert on Myanmar who interviewed him several times. His father was Chinese and his mother Shan; they lived in the northern Shan state. He changed his name from Chang Chi-fu, also spelled Chufu or Shee-fu, to his nom de guerre, Khun Sa, in the 1970s.


A historian of Southeast Asia, the late Michael
Leifer, described him as a “shiftless youth with a criminal disposition.”

Khun Sa had lived in seclusion in Rangoon since 1996, when he surrendered to the country’s ruling military junta who allowed him to run a string of businesses behind a veil of secrecy.


Khun Sa, portrayed
himself as a liberation fighter for the Shan, heading up the Shan United Army, later the Mong Tai Army, in Burma's northeastern Shan State.

Khun Sa, son of a Chinese father and a Shan mother, once was the leading drug lord in the so-called Golden Triangle where Myanmar, Laos, and Thailand meet.

At that time the USA offered a multi-million dollar award for his capture. Khun Sa claimed to be leading a liberation army on behalf of the oppressed ethnic Shan minority.


His father died when he
was young and his mother became the mistress of a local tax collector, according to Mr. Lintner. He received no formal education but had military training as a soldier with the Chinese Nationalists, who fled into Burma, which is now known as Myanmar, after the victory of Mao Zedong’s Communists in 1949.


He entered the
opium business in 1963, when the Burmese government authorized him and others to form militias allied with the central government as a way of outsourcing the job of fighting rebel groups. Within a year he broke his ties with the Burmese army and established an independent fief in the northernmost reaches of Burma, near the border with China.


His early career was marked by
failure. He challenged the dominance of the Nationalists in the Golden Triangle drug trade, but lost in battle. He was captured by the Burmese central government and imprisoned from 1969 to 1974.

Soon after his release, he rejoined his supporters in the northeast and set up a base in Baan Hin Taek, along the mountainous border near the Thai city of Chiang Rai. His drug network grew and soon came to dominate the Burmese heroin trade.


In the 1980s and 1990s much of the drugs that passed through his network were shipped to the United States. In 1990, the Drug Enforcement Administration calculated that 45 percent of all heroins that reached the United States came from the Golden Triangle. Historians have differed on his power.


He was illiterate and a
front-man for an organization dominated by ethnic Chinese from Yunnan Province that still operates. He was basically a country bumpkin. He was a peasant and never the brains behind the organization.


But Alfred McCoy, who chronicled the rise of the
Golden Triangle in “The Politics of Heroin,” described Mr. Khun Sa as “the only Shan warlord who ran a truly professional smuggling organization capable of transporting large quantities of opium,” and was “the first of the Golden Triangle warlords to be worthy of his media crown as ‘kingpin.’ ”


Khun Sa enjoyed cultivating that image. In an interview with the
now-defunct Bangkok World newspaper, he called himself the “King of the Golden Triangle.”


Embarrassed and under strong pressure from the United States, Thai authorities sought to banish Mr. Khun Sa from Thailand.


In 1980, the Thai prime
minister, Prem Tinsulanonda, ordered the air force to bomb his base but failed to dislodge him. In 1982 the Thai army led by Gen. Chavalit Yongchaiyut, who was later to become prime minister, launched a large-scale assault. Mr. Khun Sa lost 130 men in the ensuing battle and retreated into Myanmar, where he continued to run his heroin business.

Little is known about his life in Yangon after his surrender to the Myanmar authorities. Mr. Kon Jern, the Shan commander, said Khun Sa was held under house arrest. Other reports have said he lived comfortably if not lavishly. He had three daughters and five sons, according to Mr. Lintner, all of them educated abroad.


At the height of his notoriety,
Khun Sa presided over a veritable narcotics kingdom, carved out of jungle valleys and complete with satellite television, schools and surface-to-air missiles in the drug-producing Golden Triangle region where Burma, Thailand and Laos meet.

But his surrender to the Burmese authorities in 1996 led to dramatic declines in cultivation of opium poppies in the Golden Triangle and foreshadowed the region’s eclipse. Although this year’s opium harvest in Myanmar increased by about 30 percent over last year, the Golden Triangle produces only 5 percent of the world’s opium, down from 70 percent three decades ago. Afghanistan is now the world’s largest producer.


At the height of his power, in the 1980s, he controlled an
estimated 70 percent of the country’s heroin business, which enabled him to finance an army of tens of thousands of soldiers and large-scale heroin laboratories.


For nearly four decades the charismatic warlord claimed to be fighting for autonomy for the Shan, one of
many ethnic minorities who have battled Burma’s central government for decades.

But narcotics agents around the world used terms like the “Prince of Death” to describe him and the United States offered a US $2 million reward for his arrest.


“They say I have horns and fangs. Actually, I am a king
without a crown,” he told this reporter who visited his remote headquarters of Ho Mong in 1990 after an 11-hour mule ride.


The wily operator sought a less hostile
environment in Thailand, setting up a hilltop base protected by his sizable Shan United Army. But when the Thais got too embarrassed by having a drug kingpin on their soil, he was driven out in 1982 and lodged himself in Ho Mong, an idyllic valley near the Thai frontier inside Burma.


There, the chain-smoking warlord entertained visitors with Taiwanese pop songs, grew orchids and strawberries, and directed a flow of heroin to addicts around the world. At one point, Washington estimated that up to 60 percent of the heroin in the United States was refined from opium in his area.


Khun Sa claimed he only used
the drug trade to finance his Shan struggle. Peter Bourne, an adviser to former US President Jimmy Carter, called him “one of the most impressive national leaders I have met.”

Khun Sa argued that only economic development in the impoverished Shan State, still one of the major sources of the world’s heroin, could stop opium growing and its smuggling to the “drug-crazed West.” “My people grow opium. And they are not doing it for fun. They do it because they need to buy rice to eat and clothes to wear,” he once said.


He carried out a one-way
correspondence with US presidents, offering to sell Washington the entire crop of opium in exchange for funds to implement his development plans for the Shan.


But in 1989, he was indicted for heroin trafficking by the US District Court in New York and his extradition to the United
States was requested.


Khun Sa continued to war with the central government and rival ethnic guerrilla groups like the Wa until 1996 when the junta, which had once threatened to hang him, offered him amnesty. He disbanded his Mong Tai Army of about 10,000 fighters and moved to Rangoon.


Although difficult to confirm, reports said he lived a life of luxury in a secluded compound, having been awarded concessions to operate a transport company and a ruby mine along with other businesses.

There was speculation that he was still involved in the narcotics
trade, which was largely taken over by his former enemies, the Wa.

Monday, October 29, 2007

Farewell to Lim Goh Tong

Genting Group Bhd founder Tan Sri Lim Goh Tong, who died last Tuesday, was laid to rest at the Gohtong Memorial Park here yesterday.

A 10,000-strong crowd accompanied Goh Tong's family members on his final journey from Gohtong Villa, which was a hive of activity from as early as 7am. About 5,000 representatives from various invited non-profit organisations, schools and employees of the Genting Group joined the procession.

These included Genting Group, Genting International, eGenting, Asiatic Land Development Sdn Bhd, Beautiful Gate, Utar, and SJK (C) Bukit Tinggi.The procession was led by several musical bands, a group of Taoist priests and Buddhist monks who played traditional Chinese musical instruments while chanting prayers.

The hearse displayed a large photo of the deceased, the frame decorated with white roses. Four of Goh Tong's grandsons carried a paper sedan chair, which according to Chinese custom, serves as transport for the soul of the deceased.

Goh Tong's three sons – Tee Keong, Kok Thay and Chee Wah – walked behind, their hands placed on the hearse. The other children and grandchildren, as well as relatives, followed closely behind.

Goh Tong's widow, Puan Sri Lee Kim Hua, 79, joined in the procession in a buggy. Hanif walked beside her buggy. Members of the public lined the road.

The hearse arrived at the Gohtong Memorial Park at 11.25am, where the family members briefly prayed, and proceeded to Genting Hotel after a short stop at Chin Swee Caves Temple. The rain and misty atmosphere did not prevent scores of Genting staff, who wore black armbands, and visitors from coming out to pay their respects to Goh Tong in front of the hotel.

The procession returned to the memorial park where the family gathered for a private burial at 1.18pm.

Tuesday, October 23, 2007

Casino King Lim Goh Tong dies Age 90

Oct 23, 07 - Casino King Lim Goh Tong, who turned a jungle hilltop into one of the world's most successful casino resorts, died today, the firm he founded said. He was 90.

Lim developed the hilltop Genting Highlands casino resort in the 1960s and founded the Genting group, which grew into a conglomerate comprising listed companies on the Malaysian, Singaporean and Hong Kong bourses.

He was ranked 204th on the Forbes 2007 list of billionaires worldwide, with his family's assets valued at 4.2 billion dollars.

Besides gaming operations in Malaysia and Britain, as well as one planned for Singapore, Genting has interests in the leisure, power, oil and gas, property and plantation sectors.

Its Hong Kong-listed unit, Star Cruises, is the third-largest cruise operator in the world. Another subsidiary, Genting International, owns Stanley Leisure, the United Kingdom's largest casino operator.

"If there were more entrepreneurs like him, Malaysia would have achieved more in its economic development," former premier Mahathir Mohamad has said. "His struggle can be considered part and parcel of Malaysian development."

Born in 1918 in China's Fujian province, Lim was 19 when he moved as a poor immigrant to Malaya, as Malaysia was then known. Lim made his first fortune in heavy machinery trading after the Second World War.

He was almost 50 and a prosperous contractor when the idea to develop a hilltop resort in central Pahang state, close to Kuala Lumpur, came to him.

His vision for developing Pahang's Genting Highlands hinged on building a road to the resort site 1,800m above sea level. He began work in 1965.

Recounting a landslide that almost swept him away, he wrote in his 2004 autobiography: "Back home that night, I said to my wife that I had gone to hell but was told to turn back and continue with my work."

Lim completed the road and opened the casino in 1971. It became the flagship of the Genting group, which took its name from the Genting Highlands resort. His second son, Kok Thay, who now heads Genting, has lauded his father's work ethic.

"My father has often reminded me that there is no shortcut to success," Kok Thay said at Lim's 2007 birthday celebrations.

Lim was married to Lee Kim Hua, with whom he had six children. - AFP

Thursday, October 18, 2007

Five Malaysian on Asiamoney list of influential businessmen

Malaysia took five places in Asiamoney’s 2007 annual list of the 100 most influential people in business and finance across Asia-Pacific. The rankings and standings are as follows:

36. Mohamad Hassan Marican, Chairman of Petronas
He is well-respected and considered a crucial voice in energy policy-making, having headed Malaysia's biggest company and overseen the country's oil and gas reserves for over a decade. It constitutes a vital role in the country, helping to keep oil prices affordable and sourcing more discoveries of oil and gas for the country. He plays a vital role in ensuring that the company keeps its huge cash reserves for its own use.

57. Zeti Akhtar Aziz, Governor of Bank Negara Malaysia
Appointed acting governor during the height of the Asian financial crisis, she oversaw the introduction of Malaysia's then controversial, but successful exchange rate controls. Officially made governor in 2000, the 60-year-old is respected for her calm yet assertive rule. She has been involved in the consolidation process for Malaysia's banking system and the development of Islamic finance domestically and internationally. She has also been instrumental in establishing common standards for Shariah (Islamic law) compliance.

73. Nazir Razak, CEO of CIMB Group
Malaysia's top investment banker has helped CIMB to grow into the country's second largest financial services conglomerate. In 2005, CIMB acquired Bumiputra-Commerce Bank, which has been merged with Southern Bank. The 41-year old, whose father was Malaysia's second prime minister, admits his family name has opened doors but says it's what you do after the door is opened that counts. His challenge is to instill CIMB's performance culture across the whole group


79. Ananda Krishnan, Founder of Maxis Communications
The 69-year-old has built an empire ranging from entertainment, mobile telecoms, oil, power and shipping to property. Forbes estimated his worth at US$7.4 billion this year. He and a group of shareholders bought the remaining 41% in his flagship Maxis Communications for RM17 billion (US$4.85 billion) this year to take the company private. But Saudi Telecom spent US$3 billion to become a quarter shareholders soon after, leaving observers wondering what's next for Krishnan.

89. Tony Fernandes, Founder and CEO of AirAsia
In just five years he has built his no-frills airline into a global brand. A British-trained accountant, he is admired by peers for succeeding without government connections or family wealth. AirAsia carried an estimated 18 million passengers this year. Now he is set to launch long-haul budget carrier AirAsia X. He is also aiming to expand into budget hotels, a low-cost mobile phone operation and no-frills financial products service.

In compiling the list, Asiamoney conducted extensive research and sought the opinions of leading bankers, analysts and market observers across Asia. To be considered, candidates have to be predominantly based in Asia and politicians are banished, but several regulators and central bank governors remain. Rankings are based on the following weighted criteria: the ability to impact directly financial markets across Asia and the world; the power to influence domestic markets; innovation and the ability to break new ground; and personality and potential as a role model.

This year the poll reflects the rise of India; Ratan Tata top the list and Mukesh Ambani, who came fourth.

China remains the best represented nation, with 15, down one from last year. It is now Jiang Jiemin, who in May took over as head of China National Petroleum Corp., who is highest placed at seven, with central bank governor Zhou Xiaochuan falling to 14. The country's best new entry at 12 is Lou Jiwei, who is tasked with running China Investment Corp. and on whose shoulders a deal of national prestige rests.
As the world's second
largest economy, Japan enjoys 13 representatives for 2007, same as last year. But Bank of Japan governor Toshihiko Fukui has fallen 10 places to 13, largely due to his likely retirement in March.

One again, only three women make the grade, and they are unchanged: Ho Ching, head of Singapore's state investment agency Temasek, drops one to number three; Hu Xiaolian, of the State Administration of Foreign Exchange, rises two to 15; and Malaysian central bank governor Zeti Akhtar Aziz falls 21 places to 57, not so much because of waning influence but rather the emergence of more prominent players.

Australia figures strongly with 12 names headed by Allan Moss of Macquarie Bank. He raises an impressive 26 places to number two as the bank's business model continues to vex rivals.

Hong Kong also has 11 representatives and sees last year's winner, billionaire Li Ka-shing, shunted down to fifth place overall.

Singapore, boasts eight entrants, while South Korea has seven and Taiwan's top tycoons and bankers bagged six spots. The Philippines took three places, Indonesia had two, Thailand received one following a year to forget and Macau gained another, where Lawrence Ho supplants his father Stanley. Notably, Pakistan and Vietnam are represented for the first time, with one apiece. The ranking are as follows:

1. Ratan Tata
Chairman of Tata Group
2. Allan Moss
Chairman of Macquarie Bank
3. Ho Ching
CEO of Temasek

4. Mukesh Ambani
Chairman of Reliance Industries

5. Li Ka-shing Nicknamed 'Superman' in Hong Kong
Chairman of Cheung Kong Holdings

6. Lee Shau Kee
Chairman of Henderson Land Development
Also chairman of Hong Kong and China Gas Company




7. Jiang Jiemin
Chairman of China National Petroleum Corp.




8. Lee Kun hee
Chairman of Samsung Group






9. Chen Yuan
Governor of China Development Bank

10. Yaga Venugopal Reddy
Governor of Reserve Bank of India (RBI)

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