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Showing posts with label Malaysia. Show all posts
Showing posts with label Malaysia. Show all posts

Thursday 9 May 2024

Bracing for a maze of projects in Penang


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Schemes to ease future congestion causing traffic trouble in Penang

GEORGE TOWN: Traffic on Penang island is often monstrous, especially at peak hours, with narrow roads and many industrial areas.

With five major transportation projects taking off almost in tandem this year, the nightmare is going to get worse for Penangites – at least until the projects are completed.

The Bayan Lepas area – where most factories are, Air Itam – the most densely populated area on the island, and Jalan Utama – the main thoroughfare leading to the seaside areas of Tanjung Tokong, Tanjung Bungah and Telok Bahang, are especially notorious for their jams.

However, these are also the places where the projects, meant to ease the island’s perennial traffic woes, are being built.

The RM851mil Air Itam to Tun Dr Lim Chong Eu Expressway bypass project is almost 50% ready but is causing massive jams in the Bandar Baru Air Itam area.

The four other projects that are expected to clog up nearby roads are the land reclamation project of Silicon Island in Batu Maung, the RM1.5bil Penang International Airport expansion, the Federal Government-funded Mutiara Line Light Rail Transit (LRT) – all in the Bayan Baru-Bayan Lepas area – as well as the RM245mil Penang Hill cable car project at Jalan Kebun Bunga.

For the next few years, motorists will have to bear with not just worse jams but also the inconvenience, noise, dust and vibrations.

The jams in Air Itam are already a major headache which Penangites have never experienced before.

“It can take me about 30 minutes to pass the traffic light junction at peak hours, when it should take just five minutes,” said hotel manager M. Muniandy, who lives in Air Itam.

“Two lanes at the junction were taken away to build the elevated road and now cars are lined up for between 2km and 3km just waiting for the light to turn green.

“I’ve never had such a bad time driving before.”

Muniandy was referring to the junction at Lebuhraya Thean Teik and Jalan Angsana, the main thoroughfare of Bandar Baru Air Itam.

Once it is completed, the Air Itam bypass will allow residents to have an uninterrupted hillside route all the way to the expressway near the Penang Bridge without having to cut through the city.

This will reduce the current 40-minute drive between Bandar Baru Air Itam and the Tun Dr Lim Chong Eu Expressway to less than 10 minutes.

For now however, residents are dealing with intense bottlenecks and long queues at junctions.

Sahabat Alam Malaysia president Meenakshi Raman said that the traffic impact assessments of these mega projects were each created in “silos”.

“They are done piecemeal, in a disjointed manner. It is a town-planning nightmare.

“We face unprecedented traffic congestion because of the shortsighted planning for long-term projects, some of which we continually assert are unnecessary,” she said.

Other stakeholders argue that while these mega projects are good for Penang in the long run, state authorities need to plan them out more carefully.

GUH Holdings Bhd’s Datuk Seri Kenneth H’ng said that besides intolerable jams, the severe shortage of public parking space is another daily headache.

“A new factory in Bayan Lepas is under construction right next to ours and because of that, the local authority has removed the roadside parking lots.

“Employees now suffer from a severe lack of public parking. They end up being forced to park illegally where they are regularly fined,” lamented the chief executive officer of the electronics, properties and utilities group.

To help his employees, H’ng’s firm provides special allowances for them to park at a nearby shopping complex early in the morning and a shuttle bus to take them to and from the factory.

“Because one factory is being built, the shopping complex’s parking facility is under strain, our company must bear extra cost and our employees also have to come out with money for ehailing rides to get back to their cars if they miss the shuttle.

“Poor planning causes far-reaching inconveniences to many.

“We need the authorities to plan construction work with all due diligence because the jams and parking problems erode the quality of life in Penang,” H’ng said.

The state government, meanwhile, has appealed for public cooperation and patience while these projects are carried out.

“The government cannot do it alone. We need the people’s full cooperation,” said state infrastructure and transport committee chairman Zairil Khir Johari.

One short-term solution the authorities are hoping will help is to station traffic policemen at critical junctions affected by these projects during peak hours.

Zairil said each of those projects has a detailed traffic management plan to reduce the impact of construction work on motorists.

“Every project will have a traffic management plan, but there will still be inconveniences. So we must all be patient and plan our commutes because the public infrastructure being constructed will eventually solve the traffic problems.

“Whenever there is major construction anywhere in the world, there will be short-term traffic consequences,” he said.

He said a new committee on road congestion and safety has been formed by the federal Cabinet and its first meeting will be held early next month with Penang traffic being on the agenda.It will be chaired by the secretary-general of the Transport Ministry, he added.

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Penang LRT Mutiara Line project has been officially taken over by the Federal Government, to begin in Q4

Penang-LRT-pic

The construction of Penang’s first light rail transit (LRT) project will begin by the fourth quarter of this year, says Anthony Loke.

The Transport Minister added that the Penang LRT Mutiara Line project has been officially taken over by the Federal Government and is estimated to take six years, with completion slated for by 2030.

“We hope that within six months, the negotiations with SRS Consortium Sdn Bhd can be concluded.

“Following that, we expect physical works can start at least by the fourth quarter this year,” he told reporters at the ministry’s office on Friday (March 29).

The contracts for the LRT project have been divided into three main components – Silicon Island to Komtar contract (Segment 1), Komtar to Penang Sentral contract (Segment 2) and turn-key systems and rolling stocks contract.

Loke said SRS Consortium Sdn Bhd has been offered the Segment 1 contract based on the Single Sourcing Request for Proposal mechanism.

Meanwhile, the other two remaining contracts will be offered on an open tender basis.

“The offer (to SRS Consortium) was made based on the request by Penang state government which had appointed SRS as the Project Delivery Partner of the Penang Transportation Master Plan, which comprises the Penang LRT Mutiara Line, through an open tender in August 2015.

“SRS has also studied the technical early designs while acquiring approvals for the Environmental Impact Assessment, Social Impact Assessment and conditional Skim Kereta Api,” he said, adding that the costs were also borne out by SRS.

Loke added that the Cabinet has agreed to appoint MRT Corp as the developer and asset owner of the new train line.

He said that the rolling stock operations depot and transit-oriented development projects will be conducted by MRT Corp together with the state government.

“The new strategy aims to generate extra non-fare revenue to be reinvested for train maintenance in the future,” he added.

Stretching about 29km, Penang LRT Mutiara Line, will be equipped with 20 stations which include two interchange stations in Komtar and Penang Sentral.

Source: TheStar.com.my

Penang LRT project on track despite minor amendment

mrt-corp

The construction of Mutiara Line, Penang’s first light rail transit (LRT) project, will be according to schedule despite a minor amendment to the original plan.

Mass Rapid Transit (MRT) Corp chief executive officer Datuk Mohd Zarif Hashim said everything would be carried out on time, adding that there is no need for the resubmission of the environmental impact assessment (EIA).

“The slight amendment to the track is meant to accommodate the line extended to Penang Sentral on the mainland from Penang island via an elevated track above the sea.

“Once we have updated the data on the LRT alignment, we will need to engage all the relevant agencies through workshops.

“The amended alignment, once finalised, will then be provided as an addendum meant for the necessary approval.

“All these will be done in the next three months. The main component of the alignment is still intact,” he said after giving Bayan Baru MP Sim Tze Tzin a briefing on the RM10bil project during the North Zone Madani Rakyat programme at the Sungai Nibong Pesta site in Penang.

It was earlier reported that the Penang government had planned to hold a workshop with stakeholders to finalise the Penang LRT Mutiara Line project following minor amendments to the original plan.

Chief Minister Chow Kon Yeow was quoted as saying that the workshop was expected to be held within a week or two so that further work involving the transformative infrastructure project could be carried out.

In the latest report released by MRT Corp, the alignment will begin from Penang Sentral on Penang mainland to the proposed first station on Penang island – Macallum.

From Macallum, it will pass through Komtar, Jalan Gurdwara, Solok Sungai Pinang, Sungai Pinang, Jelutong Timur, all the way to Silicon Island.

Two proposed stations – Bandar Sri Pinang and Sky Cab – along Tun Dr Lim Chong Eu Expressway, which were seen in the original plan, have since been taken out of the picture.

On March 29, Transport Minister Anthony Loke announced that the Federal Government officially took over the Penang LRT Mutiara Line project from the state government, with MRT Corporation appointed as the developer and asset owner.

The procurement of the project is divided into three main components, which are civil construction works for Segment 1 which is the alignment of Silicon Island to Komtar; works for civil construction for Segment 2 which is the line from Komtar to Penang Sentral and a “turnkey contract” for system and carriage (coach) works.

Also present at the briefing were Batu Uban assemblyman A. Kumaresan and Kebun Bunga assemblyman Lee Boon Heng.

Source: TheStar.com.my

https://images.app.goo.gl/eN8uo1EZtXPxYzPo7 

Bayan Lepas LRT

Station names are provisional and subject to confirmation.

Moving Towards a Modern Penang

The proposed BL LRT line will cover a distance of 29.9 km, forming the main North-South rail backbone on the island. As the first LRT system in Penang, the BL LRT line will provide direct airport transit from Penang International Airport to major destinations on the island. The line will begin at Komtar and ends at the upcoming Penang South Reclamation (PSR) Smart City.

  • 29.9km in length;
  • 27 stations;
  • First LRT line in Penang;
  • Passes through high-demand areas like Komtar, Macallum, Jelutong, LCC Terminal and Bayan Lepas FIZ.

THROUGH BL LRT, WE CAN:

  • Travel efficiently without getting into traffic congestion
  • Travel safely and be more cost effective
  • Increase productivity and personal time. Less time on the road means more time for family, work and leisure
  • Move towards greener Earth. Light rail consumes less energy per passenger than cars and thus, less carbon footprint


Playing their part to beat the monstrous jams

Friday 26 April 2024

Fund-of-Funds to fuel local firms

Fund RM1BIL set aside to invest in innovative highi-growth start-ups, says PM 



KUALA LUMPUR: A sum of RM1bil for the “National Fund-of-Funds” will be set up to invest in innovative high-growth Malaysian companies, says Datuk Seri Anwar Ibrahim.

“I am pleased to share that Khazanah Nasional Bhd will launch a ‘National Fund-of-Funds’ with an initial RM1bil allocation,” the Prime Minister said when delivering his keynote address at the launch of the inaugural KL20 Summit here yesterday.

He said the setting up of the fund represented the government’s continued commitment to assisting local companies such as those run by bumiputra entrepreneurs, as well as startups and small and medium enterprises (SMEs), in line with Budget 2024 allocations.

ALSO READ: Policy advisory panel to focus on growth and economy

He said the government acknowledged the growing importance of startups in driving technological advancements in the country.

As such, he said the KL20 Summit provided an ideal launchpad for innovative ideas.

“KL20 does not simply represent a single-event summit but marks a clear break from the past, which is a comprehensive effort to catalyse the technology ecosystem,” he said

He added that KL20 would fit strategically into the central governing economic philosophy of the Madani Economic Framework, which is underscored by the principle that economic growth and compatible distribution are in harmony with market forces.

ALSO READ: Elevating the country to be a leading startup destination

“The government is also aiming to centralise investment agencies such as Malaysia Venture Capital Management Bhd (Mavcap) and Penjana Kapital under Khazanah Nasional,” he said.

Anwar also announced the signing of agreements involving 25 entities from various sectors of the startup ecosystem to help create cutting-edge technology ventures in Malaysia.

Among them was the Asean Investment Initiative between Khazanah Nasional, Kumpulan Wang Persaraan (KWAP) and Blue Chip Venture Capital that will invest RM3bil in the South-East Asian and Malaysian ecosystems.

ALSO READ: KL20 Summit 2024 to attract high-quality investments - PM

He also said that 12 international venture capital firms would be setting up offices in Kuala Lumpur, which will help Malaysian startups be discovered and nurtured to be globally successful.

On semiconductors, he said the nation’s substantial hold on the backend had made it conducive to pursue high-value front-end work, primarily in the integrated circuit (IC) design category.

“I am pleased to announce the largest IC Design Park in South-East Asia, which will house world-class anchor tenants and collaborate with global companies such as Arm.

“This is done with the backing of the Selangor Information Technology and Digital Economy Corporation (Sidec), with the Selangor state government, and this is proof that momentum is already being built on the ground,” he said.

ALSO READ: Making the Malaysian startup pitch

He added that the country was positioning itself as one of the leaders in semiconductors, clean energy, agritech and Islamic fintech.

To make Malaysia a true gateway to major economies, Anwar said a city-to-city connection between Kuala Lumpur and Hangzhou would be established so that capital, talent and market access would no longer be a barrier.

Earlier in his speech, Economy Minister Rafizi Ramli said the goal of the KL20 Action Plan was to bring the top 20 startups in the world into the country.

This, he said, would be done through the immediate introduction of several measures.

He said the move was aimed at accelerating the critical areas of a startup ecosystem here.

“The ambition is for Malaysia to be the choice destination for early-stage and growth capital and to be the centre for world-class entrepreneurs and skilled talent,” said Rafizi.

He added that it was also the goal for the nation to be the home for leading startups in the world.

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Policy advisory panel to focus on growth and economy

Elevating the country to be a leading startup destination

Enhancing the venture capital ecosystem

Making the Malaysian startup pitch

KL20 Summit 2024 to attract high-quality investments - PM

RM1bil for 'Fund-of-Funds' to invest in high-growth firms

Timely focus on startups

Saturday 20 April 2024

Kuala Lumpur ranked 22 in list of 100 best cities for remote work

 


KL ranked 22nd for remote work - The Star

The city to be in: Malaysia is a prime destination for employers looking for quality team members, and for many businesses to establish an Asian hub in Kuala Lumpur. — IZZRAFIQ ALIAS/The Star

KUALA LUMPUR: Kuala Lumpur made a significant leap to the 22nd position, a significant climb from its 84th place in the 2022 rankings, cementing its status as one of the premier global destinations for remote work.

This upward trajectory is mirrored by other Southeast Asian cities like Taipei, securing the 8th spot, and Bangkok, ranking 18th, according to Remote, a prominent global HR platform.

Published by Remote, the list of the top 100 global destinations for remote work showcases cities such as Madrid (Spain), Madeira (Portugal), Toronto (Canada), Auckland (New Zealand), and Tokyo (Japan) among the top 10 choices.

Factors such as quality of life, safety, internet infrastructure, cost of living, inflation, attractiveness, openness, and incentives for remote workers were meticulously considered in the analysis.

Utilising the latest data, the list aims to guide digital nomads and remote professionals in making informed decisions aligned with their personal preferences and career goals. Kuala Lumpur particularly stands out, ranking in the top five for its favourable remote work visa and incentive programs.

Remote underscores the increasing significance of selecting the right destination as remote work evolves into a lifestyle choice.

It highlighted Kuala Lumpur's appeal as a magnet for remote workers, reflecting the proactive stance of the Malaysian government in positioning itself as a prime destination for digital nomads within the ASEAN region.

The allure of Kuala Lumpur lies in its blend of a relatively low cost of living, attractive incentives for digital nomads, and the availability of fast and reliable internet services. Nonetheless, factors such as quality of life and openness have also played a pivotal role in shaping its overall ranking, it said.

Job van der Voort, co-founder and chief executive officer of Remote, highlighted the transformative nature of remote work, enabling professionals to sustain careers in environments that inspire productivity and balance.

This year's list reflects not only the best places for remote living and working but also the evolving needs of remote professionals in a post-pandemic world, he said.

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Wednesday 10 April 2024

Malaysia, a magnet for international students

 

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PETALING JAYA: Malaysia has the potential to attract more international students due to its quality education and affordable cost of living.

Malaysian Association of Private Colleges and Universities (Mapcu) president Datuk Parmjit Singh said factors that encourage students to study in Malaysia include the availability of high quality education programmes system delivered by universities with a strong international outlook and well-developed campuses and facilities.

“Tuition fees are relatively lower... (The same goes for the) living cost in Malaysia,” he said, adding that Malaysia also offers a student-friendly social ecosystem to provide the sort of lifestyle sought by international students.

“The tightening of regulations for international students is happening in a few countries, with some mainly due to shortages of accommodation in these countries.

ALSO READ: Growing worry over rising cost of studying overseas

“This does present opportunities for Malaysia to attract those students who are now unable to study in countries such as Australia, the United Kingdom and Canada.

“However, factors such as opportunities to work while studying and more inclusive post-study work opportunities – all of which are available to international students in those countries – may need to be enhanced in order to encourage these students to select Malaysia as a preferred alternative destination,” said Parmjit, who is also Asia Pacific University of Technology & Innovation (APU)chief executive officer (CEO).

Vice-Chancellors’ Council for Private Universities chairman Prof Mushtak Al-Atabi said in order to attract international students to our shores, Malaysia should make itself a more accessible destination.

“There are multiple countries in the region that are competing with Malaysia to be the regional education hub,” said Prof Mushtak, who is also Heriot-Watt University Malaysia provost and CEO.

National Association of Private Educational Institutions secretary-general Dr Teh Choon Jin said it is important for Malaysia to maintain a good reputation in terms of treatment of international students or foreigners in order to entice students to come here.

ALSO READ: INTERACTIVE: How the jobs mismatch may derail Malaysia’s drive to become a high-income nation

“If there is any negative report of ill treatment of foreigners, it may discourage potential international students from pursuing their studies in Malaysia,” he said.

Dr Teh also said these students may face challenges in finding employment opportunities in Malaysia after graduation as there are limited numbers for international graduates, compared to those in countries with more robust job markets.

On the plus side, Malaysia offers great cost savings due to the ringgit’s exchange rate being low compared with countries such as the UK, Australia, Canada and the United States, he added.

Malaysia’s location in South-East Asia with good connectivity to other countries within the region and those beyond the region also makes it an attractive destination to experience Asia, Dr Teh said.

He added that the nation is perceived as a safe country, Muslim-friendly and has a wide variety of food catering to different needs.

“Malaysia has relatively straightforward visa regulations compared to some other countries, making it easier for students to obtain study visas,” said Teh, who is also APU registrar.

Education Malaysia Global Services (EMGS) CEO Novie Tajuddin said the number of international students coming to Malaysia has been increasing over the years.

He said the principal body that manages the movement of international students in Malaysia, including facilitating visa processing, had received 65,207 applications by the end of 2023.

This is a huge increase compared with 10,453 applications in 2020.

“Malaysia is attractive to international students as (the living cost in the country) is affordable... The people are (also) friendly, and we are advanced in terms of transnational education,” he said when contacted.

“EMGS continues to promote our education, opening the door for new areas, looking into existing policy and working closely with the Higher Education Ministry and to work with other relevant ministries,”

Novie stressed.He also posited that the country could benefit from the tightening of regulations governing international students in other countries such as Canada, Australia and the UK.

Novie highlighted that Malaysia offers a graduate pass for students from 25 countries, including Brunei, Singapore, South Korea, Japan and Australia.

This year, he said, China and India were added to the list of countries that offer the pass.

“The graduate pass allows international students to stay for a year after completing their study.

“In this time, they can go on vacation, progress to the next study level or work in Malaysia,” he added.

The graduate pass is a long-term social visit pass that allows holders to gain multiple entries into the country.

The said pass is offered to international graduates who have completed their degree programmes at local universities and other higher education institutes

Source link:.https://www.thestar.com.my/news/nation/2024/04/10/a-magnet-for-international-students

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