The role of ICT in Business and Enterprise
A good way to think about ICT is to consider all the uses of digital technology that already exist to help individuals, businesses and organisations use information.
ICT covers any product that will store, retrieve, manipulate, transmit or receive information electronically in a digital form. For example, personal computers, digital television, email, robots.
So ICT is concerned with the storage, retrieval, manipulation, transmission or receipt of digital data. Importantly, it is also concerned with the way these different uses can work with each other.
In business, ICT is often categorised into two broad types of product: -
(1) The traditional computer-based technologies (things you can typically do on a personal computer or using computers at home or at work); and
(2) The more recent, and fast-growing range of digital communication technologies (which allow people and organisations to communicate and share information digitally)
When ever you hold a Business and Enterprise activity one of the first questions is how many ICT rooms we can use. Using computers and technology of all different levels and sources is integral to the success of your activity.
Whether preparing a presentation, finding information or recording your findings ICT is used at each stage of these processes.
We have held business competitions where students have put together a tender to host the staff dinner, for this they needed to source and price venue, food, drink and entertainment, they then did a presentation to their independent panel.
All of this was possible because of ICT.
lets we learn more about ICT... So, we can apply in our business in future successful.
http://www.barnwellschool.co.uk/business-enterprise/ict-in-business-and-enterprise/
http://en.mastersinleiden.nl/programmes/ict-in-business/en/introduction/
Thursday, 28 July 2011
Thursday, 7 July 2011
salam.....hello everyone....!!!!!
hello...watch out..
time is running out..
so...dont waste your time...please study smart...for your future...
and i will try my best for this semester to get success..
at last, this is for my parents and family...
love you all....salam...
time is running out..
so...dont waste your time...please study smart...for your future...
and i will try my best for this semester to get success..
at last, this is for my parents and family...
love you all....salam...
TM ANNOUNCES APPOINTMENT OF TM NET CEO
Telekom Malaysia Berhad (TM), Malaysia’s leading next generation communications provider and broadband champion, today announced the appointment of Mr. Jeremy Kung, as Chief Executive Officer (CEO), TM Net Sdn Bhd (TM Net) with effect from 20 May 2008.
Dato’ Zamzamzairani Mohd Isa, Group Chief Executive Officer, TM, commented, “We are fortunate to have Jeremy who has vast experience in the telecommunication industry to join us at this exciting time of our new era of development. He brings with him invaluable skills and knowledge from his years of exposure to the regional and global markets. As CEO of TM Net, he will be responsible to develop product online content, IPTV, e-commerce, applications and hosting service.”
Jeremy, 45, a Malaysian, has extensive experience in a variety of technical and management roles in IT systems development for media, telecommunications, and broadband. He spent more than a decade in PCCW Limited (PCCW), Hong Kong and its group of companies. Jeremy started his career in IT after graduating in sales programming and moved up through the ranks as a systems analyst and then Vice President of Information Systems. During his initial years in PCCW, he was involved in identifying business systems requirements for digital broadband services from the provider through to the end customer. He was then made the Senior Vice President (SVP) upon the successful launch of the Internet and Broadcast services in August 2000. As SVP, he handled PCCW’s new IP backbone business where he was required to provide Network Solutions, Business Management, Sales Management as well as monitoring of networks that PCCW builds. In January 2006, Jeremy was promoted to SVP Customer Advocacy and Information Technology of PCCW Global, a business unit of PCCW Limited which is in the business of selling bandwidth globally.
A person with strong technical background, Jeremy designed and built JWT’s Media Information Management System in the late 1980’s. The system is still in use until today. He replicated this accomplishment in a start-up situation at STAR-TV by building the entire Management and Customer Information System.
28 May 2008
Kuala Lumpur
www.tm.com.my/ap/about/media/newsarchive/Pages/080528.aspx
Dato’ Zamzamzairani Mohd Isa, Group Chief Executive Officer, TM, commented, “We are fortunate to have Jeremy who has vast experience in the telecommunication industry to join us at this exciting time of our new era of development. He brings with him invaluable skills and knowledge from his years of exposure to the regional and global markets. As CEO of TM Net, he will be responsible to develop product online content, IPTV, e-commerce, applications and hosting service.”
Jeremy, 45, a Malaysian, has extensive experience in a variety of technical and management roles in IT systems development for media, telecommunications, and broadband. He spent more than a decade in PCCW Limited (PCCW), Hong Kong and its group of companies. Jeremy started his career in IT after graduating in sales programming and moved up through the ranks as a systems analyst and then Vice President of Information Systems. During his initial years in PCCW, he was involved in identifying business systems requirements for digital broadband services from the provider through to the end customer. He was then made the Senior Vice President (SVP) upon the successful launch of the Internet and Broadcast services in August 2000. As SVP, he handled PCCW’s new IP backbone business where he was required to provide Network Solutions, Business Management, Sales Management as well as monitoring of networks that PCCW builds. In January 2006, Jeremy was promoted to SVP Customer Advocacy and Information Technology of PCCW Global, a business unit of PCCW Limited which is in the business of selling bandwidth globally.
A person with strong technical background, Jeremy designed and built JWT’s Media Information Management System in the late 1980’s. The system is still in use until today. He replicated this accomplishment in a start-up situation at STAR-TV by building the entire Management and Customer Information System.
28 May 2008
Kuala Lumpur
www.tm.com.my/ap/about/media/newsarchive/Pages/080528.aspx
WORKING TOWARDS A BROADBAND NATION YTL COMMUNICATIONS COLLABORATES WITH TM TO BRING 4G TECHNOLOGY TO MALAYSIA
YTL Communications Sdn Bhd (YTL Communications), which will soon deploy a nationwide 4G network service, today signed a Wholesale Ethernet Service and Master Tenancy for Infrastructure Sharing Agreement with Telekom Malaysia Berhad (TM), thus bringing the promise of a truly converged seamless broadband connectivity one step closer to reality.
The 15-year agreement inked by two of Malaysia’s most recognisable brands will enable YTL Communications to leverage on TM’s nationwide Wholesale Ethernet service, while riding on the High Speed Broadband (“HSBB”) infrastructure, and TM’s other telecommunications facilities, to deliver 4G services nationwide by 2010.
The partnership agreements were signed by Tan Sri Dato’ (Dr) Francis Yeoh, YTL Group Managing Director and Wing K. Lee, Chief Executive Officer of YTL Communications, while TM was represented by Group Chief Executive Officer, Dato’ Zamzamzairani Mohd Isa, and Executive Vice President, Wholesale Business, Rafaai Samsi.
Tan Sri Dato’ (Dr) Francis Yeoh Sock Ping hailed the collaboration between YTL Communications and TM as a pivotal and strategic move that will help Malaysia achieve its vision of being a broadband nation and to have a complete eco-system that provides for a truly converged nationwide mobile internet service using 4G technology.
Tan Sri Dato’ (Dr) Francis Yeoh Sock Ping hailed the collaboration between YTL Communications and TM as a pivotal and strategic move that will help Malaysia achieve its vision of being a broadband nation and to have a complete eco-system that provides for a truly converged nationwide mobile internet service using 4G technology.
“We are extremely delighted with this collaboration with TM as both parties share a common goal to accelerate nationwide broadband penetration in Malaysia and bridge the digital divide in the country between the urban and rural populations.”
“Furthermore, YTL Communications’ nationwide 4G services will help Malaysia’s economy be truly innovation-led and will enable the country to be a centre of excellence for mobile internet technology,” Tan Sri Francis Yeoh declared while adding that YTL’s mission is to provide affordable, world-class quality products and services that improve the way people in Malaysia learn, work and play.
Tan Sri Francis Yeoh said YTL Communications will help change the way people access the Internet and provide new opportunities for business and consumer applications and solutions, and bring seamless converged mobile internet service to Malaysians.
“Furthermore, YTL Communications’ nationwide 4G services will help Malaysia’s economy be truly innovation-led and will enable the country to be a centre of excellence for mobile internet technology,” Tan Sri Francis Yeoh declared while adding that YTL’s mission is to provide affordable, world-class quality products and services that improve the way people in Malaysia learn, work and play.
Tan Sri Francis Yeoh said YTL Communications will help change the way people access the Internet and provide new opportunities for business and consumer applications and solutions, and bring seamless converged mobile internet service to Malaysians.
YTL Communications has obtained approval from the Malaysian Communications and Multimedia Commission (MCMC) to operate a 2.3 GHz WiMAX wireless broadband network in Malaysia and is using this privilege to provide, in the near future, state-of-the-art mobile connectivity with some of the biggest global technology pioneers such as Cisco, Clearwire, GCT Semiconductor and Samsung.
According to Dato’ Zamzamzairani, the signing ceremony between TM and YTL Communications is a testament to TM’s strength in its core networks and infrastructure.
According to Dato’ Zamzamzairani, the signing ceremony between TM and YTL Communications is a testament to TM’s strength in its core networks and infrastructure.
“TM is committed to supporting the wireless broadband service operators in the country through its wholesale business arm. This signing ceremony will see TM become a key service provider to YTL Communications in the setting-up of its network and coverage, and will be the enabler in driving it towards realising its vision of delivering a nationwide wireless broadband service to Malaysians.”
“By making the network infrastructure open to all licensed access seekers such as YTL Communications, TM is keeping its promises for open access and continuing its support for the government’s initiative to provide Information and Communications Technology (ICT) accessibility to all, while increasing the broadband penetration rate to 50% by end 2010. We see this collaboration as our contribution to the nation’s aspirations for higher broadband penetration in the country,” Dato’ Zamzamzairani added.
With TM’s Wholesale Ethernet infrastructure, YTL Communications can gain from the scalability of bandwidth through TM’s integrated solutions and can also leverage on the sustained and reliable bandwidth of TM’s Wholesale Ethernet to access large volumes of data and utilize bandwidth intensive applications. Through these agreements as well, YTL Communications will tap on to more than 200 TM telecommunications towers across the country to facilitate the roll-out and installation of its 4G network radios.
With TM’s Wholesale Ethernet infrastructure, YTL Communications can gain from the scalability of bandwidth through TM’s integrated solutions and can also leverage on the sustained and reliable bandwidth of TM’s Wholesale Ethernet to access large volumes of data and utilize bandwidth intensive applications. Through these agreements as well, YTL Communications will tap on to more than 200 TM telecommunications towers across the country to facilitate the roll-out and installation of its 4G network radios.
18 November 2009
Kuala Lumpur
www.tm.com.my/ap/about/media/press/Pages/WORKING-TOWARDS-A-BROADBAND-NATION.aspx
Single Largest Investor with Total investment of over Rs 90 Billion
Dialog Telekom - Sri Lanka's largest mobile communications operator, and one of the largest infrastructure investors in Sri Lanka, announced on Thursday 7th June, the signing of a landmark investment agreement with the Board of Investment of Sri Lanka (BoI) to invest a further Rs. 33 Billion (USD 300 Million) in the country's Telecommunications and Media sectors within the next 2 years.
The investment agreements were entered in to at a ceremony held under the distinguished patronage of the Hon Minister of Enterprise Development and Investment Promotion, Dr. Sarath Amunugama. The Investment agreements were signed by Chairman of Dialog Telekom Ltd (and Telekom Malaysia Bhd), Tan Sri Dato' Ir Muhammad Radzi bin Haji Mansor and Chairman/Director General of the Board of Investment of Sri Lanka, Mr.Dhammika Perera.
The investment will be targeted at large scale expansion of services across all regions of Sri Lanka. Associated infrastructure investments would include expansion of the company's GSM and 3G mobile networks, introduction of state of the art Value Added Services and the establishment of Broadband transmission networks across the island based on Fibre Optic and Microwave transmission technologies. The Company will also make substantial investments in the provision of International Bandwidth to Sri Lanka's ICT sector via the SeMeWe4 submarine cable. Dialog will also make investments in Customer Service and other support infrastructures with a view to expanding its network of support centres across Sri Lanka.
A substantial portion of the total investment pledged by the Dialog Group will be directed at fixed line Telephony and Broadband services via Dialog Broadband Networks (Pvt) Ltd. (DBN), and Digital Television Broadcast services via Asset Media (Pvt) Ltd., respectively. The investments in DBN will be directed towards the growth of CDMA based Rural Fixed Telecommunications Infrastructure, Wi Max based wireless broadband infrastructure and for the deployment of a National Fibre Optic backbone. Investments in Asset Media will be targeted at expansion of its Digital Satellite TV services and for the deployment of Terrestrial Digital Video Broadcasting (DVB) infrastructure in Sri Lanka.
Expressing his thoughts on the investment, Tan Sri Dato' Ir Muhammad Radzi said "This investment brings Dialog's total commitment to the Telco sector in Sri Lanka to over USD 800 Million, and emphasizes our commitment to, and confidence in, the Sri Lankan market. We are grateful to the investor friendly policies of the Sri Lankan Government, and consider Sri Lanka to be one of our most compelling success stories outside Malaysia. As South Asia's first quadruple player, Dialog Telekom has already delivered impressive results, and with this additional investment we intend to fulfill our objective of playing an even bigger role in not just the country's telecommunication landscape, but also in terms of the delivery of state of the art ICT (Information and Communications Technology) and Digital TV services".
Dialog GSM has spearheaded the mobile industry in Sri Lanka since the late 90's propelling it to a level of technology on par with the developed world. Dialog GSM is the country's largest cellular network providing services to over 3.5Mn customers across all provinces of the island, accounting for approx 60% share of the countries mobile sector and 45% of total telecommunications subscribers. The Company has also established itself as the largest Company on the Colombo Stock Exchange in terms of Market Capitalisation.
Dialog Chief Executive Dr. Hans Wijayasuriya said "Today, Dialog Telekom reiterates and reinforces its commitment to the Sri Lankan consumer. We will focus on developing Sri Lanka's ICT infrastructure spanning Mobile and Fixed Telecommunications, Broadband and Digital Television services to world class standards. We are continuously encouraged by our customers and we are confident that we will be able, as in the past, to deliver substantial social dividends to consumers and communities across Sri Lanka, and healthy returns to the shareholding public. Dialog is particularly proud of its capacity to implement and deliver on its promises - we fulfilled the investment commitments we made in 2006, one year ahead of schedule, and we foresee similar progress in relation to the investments we have pledged today. This has been made possible through the dedication and commitment of the Dialog Team, the consistent support of our principal investor Telekom Malaysia Bhd., and the encouragement and guidance of the TRCSL and other agencies of the Government of Sri Lanka for which we are extremely grateful."www.axiata.com/node/26
Government to rethink online services
PUTRAJAYA: Although the Government has successfully operated online services, it has to rethink whether they are still relevant, Chief Secretary to the Government Tan Sri Sidek Hassan said Thursday.
"I recognise that we have implemented many e-Government applications nationwide over the years. (But) just because it is e-something, it doesn't make it relevant for all time," he said when delivering a key note address entitled 'Waking Up With Tomorrow's Mind' at the National ICT Conference 2011 here.
Sidek said the myGovernment portal now offered 1,247 online services.
He also commented on the successes achieved by the Multimedia Supercorridor since its implementation in 1996, including the creation of 111,367 jobs up to 2010.
"But we need to ask ourselves if the companies and services registered thus far will catapult Malaysia to compete in a world of seven billion people," Sidek said.
"Our ring of competition is no longer confined to the 28 million population here," he added. - Bernama
"I recognise that we have implemented many e-Government applications nationwide over the years. (But) just because it is e-something, it doesn't make it relevant for all time," he said when delivering a key note address entitled 'Waking Up With Tomorrow's Mind' at the National ICT Conference 2011 here.
Sidek said the myGovernment portal now offered 1,247 online services.
He also commented on the successes achieved by the Multimedia Supercorridor since its implementation in 1996, including the creation of 111,367 jobs up to 2010.
"But we need to ask ourselves if the companies and services registered thus far will catapult Malaysia to compete in a world of seven billion people," Sidek said.
"Our ring of competition is no longer confined to the 28 million population here," he added. - Bernama
Published: Thursday July 7, 2011 MYT 8:34:00 PM
http://thestar.com.my/news/story.asp?file=/2011/7/7/nation/20110707204603&sec=nation
Using ICT to compete in the global economy
KUALA LUMPUR: Local businesses must make use of the latest information and communication technology (ICT) solutions to enhance their productivity and to compete in the global economy, said SME Corp Malaysia CEO Datuk Hafsah Hashim.
She said one of the criteria for developed countries was that small and medium enterprises (SMEs) should contribute to at least 40% of the gross domestic product (GDP), but local SMEs currently contributed 31% to GDP.
“This means that SMEs have to grow 1% or more per annum to reach the desired 40% by 2020 (the year Malaysia aims to achieve a developed-nation status). We need a leapfrog growth driven by innovation and productivity,” she said at the launch of Microsoft's Office 365 cloud computing service.
The launch marked the beginning of a private-public partnership between SME Corp and Microsoft Malaysia to enhance the take-up of cloud computing among Malaysian businesses.
Office 365 is Microsoft's newest ICT solution that utilises cloud computing to integrate business function over four primary products - office, sharepoint online, exchange online, and lync online.
“SME Corp and Microsoft will also promote the cloud service through joint roadshows as well as a Microsoft booth in SME Corp's new one-stop referral centre in KL Sentral,” Microsoft Malaysia managing director Ananth Lazarus told StarBiz.
Hafsah also said SME Corp would use the SME Competitiveness Rating for Enhancement (Score) programme to evaluate the ICT effectiveness of SMEs. SME Corp will take the lead in adopting cloud computing by using Office 365 in their KL Sentral office.
By JOHN LOH
http://biz.thestar.com.my/news/story.asp?file=/2011/7/8/business/9058913&sec=business
She said one of the criteria for developed countries was that small and medium enterprises (SMEs) should contribute to at least 40% of the gross domestic product (GDP), but local SMEs currently contributed 31% to GDP.
“This means that SMEs have to grow 1% or more per annum to reach the desired 40% by 2020 (the year Malaysia aims to achieve a developed-nation status). We need a leapfrog growth driven by innovation and productivity,” she said at the launch of Microsoft's Office 365 cloud computing service.
The launch marked the beginning of a private-public partnership between SME Corp and Microsoft Malaysia to enhance the take-up of cloud computing among Malaysian businesses.
Office 365 is Microsoft's newest ICT solution that utilises cloud computing to integrate business function over four primary products - office, sharepoint online, exchange online, and lync online.
“SME Corp and Microsoft will also promote the cloud service through joint roadshows as well as a Microsoft booth in SME Corp's new one-stop referral centre in KL Sentral,” Microsoft Malaysia managing director Ananth Lazarus told StarBiz.
Hafsah also said SME Corp would use the SME Competitiveness Rating for Enhancement (Score) programme to evaluate the ICT effectiveness of SMEs. SME Corp will take the lead in adopting cloud computing by using Office 365 in their KL Sentral office.
By JOHN LOH
johnloh@thestar.com.my
http://biz.thestar.com.my/news/story.asp?file=/2011/7/8/business/9058913&sec=business
The World Bank has worked extensively with other partners in the ICT sector
On ICT as an enabler of transformation, the Bank is collaborating with AfDB and the African Union on a flagship effort, Trans-formation-Ready: The strategic application of information and communication technologies in Africa, which studies the transformational im-pact of ICTs in a wide range of sectors as well as on trade and integration. In addition, in 2011 the World Bank is launching the “ICT Innovations for Improved Service Delivery and Accountability” Knowledge Platform to mobi-lize practitioners, innovators, technology companies, and civil society on improving the accountability, quality and delivery of public ser-vices. Memoranda of Understanding have been signed with Government of Korea, Govern-ment of Singapore, Microsoft, IBM, Intel, L1, Gemalto and Pfizer. Pfizer is collaborating on two e-Health pilot projects
On facilitating project development, the Korean Government has made available a US$15 million Korean Trust Fund on ICTs focusing on project development for investment and lending, and innovative analytical work related to ICT as an enabler of transformation. The Finnish Government is providing infoDev with approximately US$16 million to support grass-roots innovation and entrepreneurship and to scale up mobile applications to address local challenges with global relevance.
http://siteresources.worldbank.org/NEWS/Resources/Results2011-SDN-SB-update-ICT.pdf
On facilitating project development, the Korean Government has made available a US$15 million Korean Trust Fund on ICTs focusing on project development for investment and lending, and innovative analytical work related to ICT as an enabler of transformation. The Finnish Government is providing infoDev with approximately US$16 million to support grass-roots innovation and entrepreneurship and to scale up mobile applications to address local challenges with global relevance.
http://siteresources.worldbank.org/NEWS/Resources/Results2011-SDN-SB-update-ICT.pdf
Mexico: Skills development for improved employability in the IT-eS Industry.
Through the Mexico IT Industry Development Project (FY09-FY13, US$80 million, IBRD), the World Bank has assisted the Government of Mexico in the creation of MexicoFIRST, an institution aimed at closing the gap between demand and supply of skilled workers in the ever-changing IT industry. Through partnerships with global com-panies and strong links to local IT clusters, aca-demy, and industry associations, MexicoFIRST pro-vides certification programs that increase the quality of the Mexican labor pool. Students end up paying between 10 and 40 percent of the certification prices, making it more affordable. As of 2010, more than 6,000 people have been trained and certified in skills that will qualify them for employment with higher salaries. It is expected that more than 30,000 people will be certified by the end of the project. The certification gives the Mexican labor pool the currency to qualify for jobs higher in the value chain.
http://siteresources.worldbank.org/NEWS/Resources/Results2011-SDN-SB-update-ICT.pdf
http://siteresources.worldbank.org/NEWS/Resources/Results2011-SDN-SB-update-ICT.pdf
Rwanda: Enabling women through access to ICT training
The recently-closed eRwanda Project (FY07-FY11) financed 18 telecenters for rural populations and equipped 12 district offices with computers and office software, allowing the local government offices to be connected to Kigali’s central govern-ment. The project also financed four ICT buses that have been roaming among Rwanda’s district offices, teaching youths, civil servants, farmers, politicians and private sector entrepreneurs on ICT skills. Throughout the project, 2,822 citizens were trained on ICT subjects, helping them gain skills that will serve them throughout their lifetimes as employees, entrepreneurs, and local leaders, including 760 dist-rict office staff. eRwanda also had a strong gender focus. Among the trainees were 685 council women in rural areas, who learned how to access infor-mation and run relevant applications for their farms or cooperatives.
Bank Contributio.
http://siteresources.worldbank.org/NEWS/Resources/Results2011-SDN-SB-update-ICT.pdf
Bank Contributio.
http://siteresources.worldbank.org/NEWS/Resources/Results2011-SDN-SB-update-ICT.pdf
Using ICT to improve the delivery of public services
The World Bank is supporting US$7.3 billion of ICT components in projects across other sectors, such as education, health and public sector management, as determined by a study in 2006. Components include integrated financial management information systems, computers in schools and universities, digitiza-tion of high court proceedings, and electronic land titling. This assessment covered 1,700 projects under implementation or preparation across the Bank portfolio and through stand-alone projects such as the eGhana (US$84.7 million), eRwanda (US$10 million), eBenin (US$15 million) and eArmenia (US$24 million) projects.
http://siteresources.worldbank.org/NEWS/Resources/Results2011-SDN-SB-update-ICT.pdf
http://siteresources.worldbank.org/NEWS/Resources/Results2011-SDN-SB-update-ICT.pdf
TUNISIA: PROVIDING ACCESS TO DISABLED CHILDREN THROUGH ICT PROJECT
A $13 million World Bank loan is helping to develop Tunisia’s ICT sector. The project includes support to institutional and sector reforms; improving e-security mechanisms; developing e-government applications such as e-Justice and e-Culture portals; and promoting the participation of the private sector in ICT development. As one component of the loan, the Tunisian e-Disabled project is enabling 8,000 disabled children to access primary education enabled by ICTs. Special education centers across the country are receiving computer laboratories that are equipped with accessible hardware and software such as Braille keyboards, touch-screens, and software with sign language translation. By September 2010, the total population of disabled school children, some 15,000 children, will be covered. The project also funds 24 Internet centers across the country (two per Governorate) with accessible hardware and software equipment.
http://web.worldbank.org/WBSITE/EXTERNAL/TOPICS/EXTINFORMATIONANDCOMMUNICATIONANDTECHNOLOGIES/0,,contentMDK:21777757
http://web.worldbank.org/WBSITE/EXTERNAL/TOPICS/EXTINFORMATIONANDCOMMUNICATIONANDTECHNOLOGIES/0,,contentMDK:21777757
KUB eyes RM2b revenue with growth plans
Kuala Lumpur: KUB Malaysia Bhd, a diversified group, plans to more than double its revenue to RM2 billion by expanding its liquefied petroleum gas (LPG) business, bidding for more construction jobs and growing its plantations.
It is also keen to have a private equity partner for its fast food business under the A&W brand, which is nearing its turnaround point with the opening of new stores.
The group, 22.55 per cent held by the Minister of Finance Inc, made a net profit of RM11.5 million on revenue of RM796.2 million for the year to December 31 2010.
KUB group managing director Datuk Mohd Nazar Samad is confident of winning a bid for Shell's LPG business, a move that will almost triple its market share in the industry.
"We think that Shell would want to finish (the sale) this year," he told reporters at a briefing yesterday.
KUB now produces about 130,000-140,000 tonnes of LPG but having Shell's business, reportedly worth RM500 million, would double its capacity and raise its market share to 32 per cent from 12 per cent now.
Under its property, engineering and construction division, it is partnering IJM Corp Bhd to build a 243-bed specialist children's hospital in Cheras. On its own, it has bid for a RM350 million job to build a runway and taxiways for the new low-cost carrier terminal in Sepang, Selangor.
KUB also holds 40 per cent of a venture with Malaysia Steel Works (KL) Bhd to build a RM1.2 billion inter-city rail system in Iskandar, Johor. The 20-year project has been endorsed by the state government and is awaiting approval from the Economic Council.
"Our play in this is handling the construction and there is also some 200 acres for property development in Kempas," Mohd Nazar said.
The rail project is scheduled to start in 2013.
KUB will also expand its oil palm plantations from an area of about 9,000 hectares to about 25,000ha.
Another core business is the offering of information and communications technology (ICT). The group is hopeful of winning contracts under the government's plan to offer digital television, starting from 2015.
Last year, the bulk of KUB's operating profits came from its construction business, followed by plantations and ICT. Its LPG business provided some RM3 million in operating profit and A&W lost some RM13 million.
Although A&W is not profitable yet, KUB intends to keep it as it needs to open about 20 more stores to achieve critical mass at some 60 outlets. This is one reason why it is keen on having a partner to grow the business further.
"We're looking at partners to accelerate our plans. We're willing to share," Mohd Nazar said.
It is also keen to have a private equity partner for its fast food business under the A&W brand, which is nearing its turnaround point with the opening of new stores.
The group, 22.55 per cent held by the Minister of Finance Inc, made a net profit of RM11.5 million on revenue of RM796.2 million for the year to December 31 2010.
KUB group managing director Datuk Mohd Nazar Samad is confident of winning a bid for Shell's LPG business, a move that will almost triple its market share in the industry.
"We think that Shell would want to finish (the sale) this year," he told reporters at a briefing yesterday.
KUB now produces about 130,000-140,000 tonnes of LPG but having Shell's business, reportedly worth RM500 million, would double its capacity and raise its market share to 32 per cent from 12 per cent now.
Under its property, engineering and construction division, it is partnering IJM Corp Bhd to build a 243-bed specialist children's hospital in Cheras. On its own, it has bid for a RM350 million job to build a runway and taxiways for the new low-cost carrier terminal in Sepang, Selangor.
KUB also holds 40 per cent of a venture with Malaysia Steel Works (KL) Bhd to build a RM1.2 billion inter-city rail system in Iskandar, Johor. The 20-year project has been endorsed by the state government and is awaiting approval from the Economic Council.
"Our play in this is handling the construction and there is also some 200 acres for property development in Kempas," Mohd Nazar said.
The rail project is scheduled to start in 2013.
KUB will also expand its oil palm plantations from an area of about 9,000 hectares to about 25,000ha.
Another core business is the offering of information and communications technology (ICT). The group is hopeful of winning contracts under the government's plan to offer digital television, starting from 2015.
Last year, the bulk of KUB's operating profits came from its construction business, followed by plantations and ICT. Its LPG business provided some RM3 million in operating profit and A&W lost some RM13 million.
Although A&W is not profitable yet, KUB intends to keep it as it needs to open about 20 more stores to achieve critical mass at some 60 outlets. This is one reason why it is keen on having a partner to grow the business further.
"We're looking at partners to accelerate our plans. We're willing to share," Mohd Nazar said.
By : Shahriman Johari
Source : Business Times
Date Published : 15 June 2011
http://properties.emedia.com.my/review.php?id=2791
ICT to contribute RM42b by end-2015
KUALA LUMPUR: Malaysia's 2,088 information, communications and technology (ICT) companies are
forecast to contribute RM42 billion to the country's gross domestic product (GDP) by end-2015 under the
third and final phase (2011-2020) of Malaysia's Multimedia Super Corridor (MSC) plan. The RM42 billion is
a 22 per cent increase from RM34.5 billion contributed under the second phase (2004-2010). MSC Malaysia
is the national ICT initiative to position the country as one of the world's ICT hubs by attracting local and
international companies from various ICT disciplines under the care of the government-owned Multimedia
Development Corp (MDeC). MDeC chief executive officer Datuk Badlisham Ghazali said under Phase Three,
ICT companies are expected to swell fivefold to over 10,000 companies, revenue to increase by 37 per cent to
RM142 billion, exports to rise 75 per cent to RM58 billion and job creation to grow to 47 per cent to 160,000.
Badlisham said based on its first two phases, MSC Malaysia will see even bigger success under Phase Three
due to the numerous opportunities which the digital world willl offer. "The ICT sector will be one of the many
key enablers in championing the development of Malaysia's high-value economy. "The sector will accelerate
Malaysia's transformation into a high income and high-value economy," Badlisham told reporters at a media
briefing here yesterday. He said other core initiatives under Phase Three include the establishment of two new
Cybercities each year and complementing the innovative digital framework by the second half of this year.
Currently, there are 12 fully operational cybercities and cybercentres in the Klang Valley and seven fully
operational cybercities and cybercentres in the states. Out of the 2,088 ICT companies, 1,605 are local, 424
foreign-owned and 59 joint ventures. Some of the new key initiatives include new focus on market access,
development of a strong ecosystem for intellectual property creation and commercialisation and the rollout of
more e-government value-added services. There will also be great focus on the infusion of ICT across all
sectors of the economy, especially among SMEs (small and medium enterprises) agriculture and retail, which
have yet to fully tap onto the potential of the advantages which ICT brings.
By Zaidi Isham Ismail
xydee@nstp.com.my
2011/04/21
http://www.btimes.com.my/Current_News/BTIMES/articles/MDETHI/MDETHI.pdf
forecast to contribute RM42 billion to the country's gross domestic product (GDP) by end-2015 under the
third and final phase (2011-2020) of Malaysia's Multimedia Super Corridor (MSC) plan. The RM42 billion is
a 22 per cent increase from RM34.5 billion contributed under the second phase (2004-2010). MSC Malaysia
is the national ICT initiative to position the country as one of the world's ICT hubs by attracting local and
international companies from various ICT disciplines under the care of the government-owned Multimedia
Development Corp (MDeC). MDeC chief executive officer Datuk Badlisham Ghazali said under Phase Three,
ICT companies are expected to swell fivefold to over 10,000 companies, revenue to increase by 37 per cent to
RM142 billion, exports to rise 75 per cent to RM58 billion and job creation to grow to 47 per cent to 160,000.
Badlisham said based on its first two phases, MSC Malaysia will see even bigger success under Phase Three
due to the numerous opportunities which the digital world willl offer. "The ICT sector will be one of the many
key enablers in championing the development of Malaysia's high-value economy. "The sector will accelerate
Malaysia's transformation into a high income and high-value economy," Badlisham told reporters at a media
briefing here yesterday. He said other core initiatives under Phase Three include the establishment of two new
Cybercities each year and complementing the innovative digital framework by the second half of this year.
Currently, there are 12 fully operational cybercities and cybercentres in the Klang Valley and seven fully
operational cybercities and cybercentres in the states. Out of the 2,088 ICT companies, 1,605 are local, 424
foreign-owned and 59 joint ventures. Some of the new key initiatives include new focus on market access,
development of a strong ecosystem for intellectual property creation and commercialisation and the rollout of
more e-government value-added services. There will also be great focus on the infusion of ICT across all
sectors of the economy, especially among SMEs (small and medium enterprises) agriculture and retail, which
have yet to fully tap onto the potential of the advantages which ICT brings.
By Zaidi Isham Ismail
xydee@nstp.com.my
2011/04/21
http://www.btimes.com.my/Current_News/BTIMES/articles/MDETHI/MDETHI.pdf
CapSquare Centre to be aspires World-Class ICT mall
The mall, located in the heart of town in Jalan Ampang, which has been in operation over the last three years,
enjoys some 70 per cent occupancy rate and attract mostly weekday crowds from surround ing office areas.
"CapSquare is vibrant during the weekday but it is very quiet over the weekend because we rely on office
workers," said head group retail operations John Sironic during a media briefing in Kuala Lumpur yesterday.
"We realize we need to be specific and attract a continuous crowd to the mall. PIKOM approached us at the
right time. We aspire to be a world class ICT mall and has benchmarked ourselves to the likes of the famous
Funan ICT mall in Singapore," he adds.
"ICT is a growing and vibrant market. Consumers can come and see new genuine products while at the same
time enjoy the many food and beverage outlets available at CapSquare," said Sironic.
Fifty tenants including Apple, Acer, Garmin, HP, Celcom and Digi have confirmed to come on board at the
four-storey mall which is scheduled to open on September 15. There will be 80,219 sq ft of retail area and
4,080 sq ft of kiosk area dedicated to PIKOM ICT mall.
PIKOM president Shaifubahrim Saleh hopes to sign- up about 300 tenants over the next two months. Rental
offered for PIKOM retailers is between RM2.50 and RM7.70 per sq ft, depending on the floor.
Potential retailers can also take advantage of the growing catchment area within the integrated development
with both commercial buildings like Menara Multi-Purpose, the upcoming CapSquare office tower and
CapSquare residences coming into place.
"This is the first PIKOM mall that will provide genuine and quality ICT products to consumers. Due to the
location, we aim to attract tourist as well. In future, we hope to have PIKOM mall nationwide," he said.
The mall will hold events like new product launches, product preview, product trainings and seminar plus
special appearance by brand ambassadors as part of its promotional activities. CapSquare has also allocated
RM1 million in advertising and pro motion budget to help promote PIKOM ICT mall for the first year.
By Zurinna Raja Adam
bt@nstp.com.my
2011/06/09
http://www.btimes.com.my/Current_News/BTIMES/articles/20110608224557/20110608224557.pdf
enjoys some 70 per cent occupancy rate and attract mostly weekday crowds from surround ing office areas.
"CapSquare is vibrant during the weekday but it is very quiet over the weekend because we rely on office
workers," said head group retail operations John Sironic during a media briefing in Kuala Lumpur yesterday.
"We realize we need to be specific and attract a continuous crowd to the mall. PIKOM approached us at the
right time. We aspire to be a world class ICT mall and has benchmarked ourselves to the likes of the famous
Funan ICT mall in Singapore," he adds.
"ICT is a growing and vibrant market. Consumers can come and see new genuine products while at the same
time enjoy the many food and beverage outlets available at CapSquare," said Sironic.
Fifty tenants including Apple, Acer, Garmin, HP, Celcom and Digi have confirmed to come on board at the
four-storey mall which is scheduled to open on September 15. There will be 80,219 sq ft of retail area and
4,080 sq ft of kiosk area dedicated to PIKOM ICT mall.
PIKOM president Shaifubahrim Saleh hopes to sign- up about 300 tenants over the next two months. Rental
offered for PIKOM retailers is between RM2.50 and RM7.70 per sq ft, depending on the floor.
Potential retailers can also take advantage of the growing catchment area within the integrated development
with both commercial buildings like Menara Multi-Purpose, the upcoming CapSquare office tower and
CapSquare residences coming into place.
"This is the first PIKOM mall that will provide genuine and quality ICT products to consumers. Due to the
location, we aim to attract tourist as well. In future, we hope to have PIKOM mall nationwide," he said.
The mall will hold events like new product launches, product preview, product trainings and seminar plus
special appearance by brand ambassadors as part of its promotional activities. CapSquare has also allocated
RM1 million in advertising and pro motion budget to help promote PIKOM ICT mall for the first year.
By Zurinna Raja Adam
bt@nstp.com.my
2011/06/09
http://www.btimes.com.my/Current_News/BTIMES/articles/20110608224557/20110608224557.pdf
ICT Zone offers investment scheme
KUALA LUMPUR: ICT Zone Ventures Bhd is looking for investors from all walks of life to invest in its rental business of electronic equipment such as personal computers, notebooks and projectors, services and software solutions to offices and government institutions.
Its chief executive officer Lim Kok Kwang said the company is offering 22,000 units equivalent to RM110 million of shares up for grabs to anyone who is above 18 years old including foreigners.
"Each unit is RM5,000 and this investment maturity date ends on March 27 2020. When they invest with us under this ICT scheme they will get a return of 8 per cent per annum for the next nine years until the scheme ends," Lim told Business Times in an interview, recently.
Lim said once the scheme reached its maturity date in 2020, only then can investors recoup their entire investment with the company.
"In the meantime, investors who invest with us can check our financial records with the Companies Commission of Malaysia (SSM) which will be renewed every six months," he said.
He also said that investors' capital is protected within the cumulative nine-year redemption reserve fund, which is managed by a trustee called My Premier Trustee (Malaysia) Bhd that is approved by Bank Negara Malaysia and SSM.
An independent consultant Pannell Kerr Forster (PKF) accountants will audit the interest scheme every six months to validate its governance.
He said the scheme, which comes under the Companies Act 1965, is another type of scheme which allows small and medium enterprises to raise funds if they are not qualified yet to go for listing.
"We are the first ICT company approved by SSM to be qualified for this scheme. Prior to this only three companies have been approved to raise money from this scheme and they are all from the agricultural sector," Lim said.
He said the company had been approved to collect funds under this scheme on March 28 this year and would launch the fund on a bigger scale sometime in mid July.
According to Lim, the company has over RM50 million worth of electronic equipment and plans to invest another RM10 million this year to purchase more personal computers and other office equipment which can be rented out to its clients.
On the company's performance, Lim said he expects the company to do well this year with a growth of at least 30 per cent by year end.
"Since our establishment in 2001, we have been growing year on year basis on a 30 per cent rate. That is normal for us. However, I hope our growth can surpass the 30 per cent mark this year," he said, adding that the company made a net profit or RM1 million last year.
At present, its cliental includes University Teknologi Mara, The Education Ministry, Kuala Lumpur Convention Centre and Popular bookstore to name a few.
By June Ramlee
Published: 2011/06/13
Its chief executive officer Lim Kok Kwang said the company is offering 22,000 units equivalent to RM110 million of shares up for grabs to anyone who is above 18 years old including foreigners.
"Each unit is RM5,000 and this investment maturity date ends on March 27 2020. When they invest with us under this ICT scheme they will get a return of 8 per cent per annum for the next nine years until the scheme ends," Lim told Business Times in an interview, recently.
Lim said once the scheme reached its maturity date in 2020, only then can investors recoup their entire investment with the company.
He also said that investors' capital is protected within the cumulative nine-year redemption reserve fund, which is managed by a trustee called My Premier Trustee (Malaysia) Bhd that is approved by Bank Negara Malaysia and SSM.
An independent consultant Pannell Kerr Forster (PKF) accountants will audit the interest scheme every six months to validate its governance.
He said the scheme, which comes under the Companies Act 1965, is another type of scheme which allows small and medium enterprises to raise funds if they are not qualified yet to go for listing.
"We are the first ICT company approved by SSM to be qualified for this scheme. Prior to this only three companies have been approved to raise money from this scheme and they are all from the agricultural sector," Lim said.
He said the company had been approved to collect funds under this scheme on March 28 this year and would launch the fund on a bigger scale sometime in mid July.
According to Lim, the company has over RM50 million worth of electronic equipment and plans to invest another RM10 million this year to purchase more personal computers and other office equipment which can be rented out to its clients.
On the company's performance, Lim said he expects the company to do well this year with a growth of at least 30 per cent by year end.
"Since our establishment in 2001, we have been growing year on year basis on a 30 per cent rate. That is normal for us. However, I hope our growth can surpass the 30 per cent mark this year," he said, adding that the company made a net profit or RM1 million last year.
At present, its cliental includes University Teknologi Mara, The Education Ministry, Kuala Lumpur Convention Centre and Popular bookstore to name a few.
Published: 2011/06/13
ICT to be prime mover in teaching process
PUTRAJAYA: Deputy Prime Minister Tan Sri Muhyiddin Yassin yesterday launched the Information, Technology and Communications in Education Policy which aims to make ICT the prime mover in the teaching and learning process.
He said the policy would be carried out through a centralised management programme to co-ordinate all ICT in education initiatives.
In ensuring its effectiveness, Muhyiddin said the new policy would be supported by four components, which include Third Party Outsourcing, Public-Private Partnership, the involvement of Communities of Practice as well as Extended Communities.
The policy is already in place in many developed countries and their benchmarking tool would also focus on eight main areas of education.
"These practices, which will be used as benchmarks, will ensure that all components of ICT in Malaysia's education system meet international standards.
"This policy, which is a continuation of the Smart School initia-tive, emphasises the use of technology as the tool to promote creati-vity, learning through cooperation, critical thinking and problem solving.
"It will merge and coordinate with all existing ICT initiatives, such as the SchoolNet, the Computer Laboratory, the EduWebTV, Access Centre and also other ICT initiatives which would be implemented in future with the aim of raising the performance of the students," said Muhyiddin, who is also Education Minister, after launching the policy here, yesterday.
Muhyiddin added that by using the policy as a source of reference and guidance, the implementation of all ICT programmes in the ministry would move towards a common goal, which was to raise student performance and ensure that every student had access to quality education.
"With the introduction of the policy, no ICT initiative under the ministry would be enforced separately from other initiatives, thus raising the efficiency of resource management and economy."
Also present were Education director-general Tan Sri Alimuddin Mohd Dom, deputy secretary-general (management) Dr Rosli Mohamad and Multimedia Development Corporation Chief Executive Officer Datuk Badlisham Ghazali.
2010/10/13
By Farrah Naz Karim
farrah@nst.com.my
http://www.nst.com.my/nst/articles/03bas/Article/
He said the policy would be carried out through a centralised management programme to co-ordinate all ICT in education initiatives.
In ensuring its effectiveness, Muhyiddin said the new policy would be supported by four components, which include Third Party Outsourcing, Public-Private Partnership, the involvement of Communities of Practice as well as Extended Communities.
The policy is already in place in many developed countries and their benchmarking tool would also focus on eight main areas of education.
"These practices, which will be used as benchmarks, will ensure that all components of ICT in Malaysia's education system meet international standards.
"This policy, which is a continuation of the Smart School initia-tive, emphasises the use of technology as the tool to promote creati-vity, learning through cooperation, critical thinking and problem solving.
"It will merge and coordinate with all existing ICT initiatives, such as the SchoolNet, the Computer Laboratory, the EduWebTV, Access Centre and also other ICT initiatives which would be implemented in future with the aim of raising the performance of the students," said Muhyiddin, who is also Education Minister, after launching the policy here, yesterday.
Muhyiddin added that by using the policy as a source of reference and guidance, the implementation of all ICT programmes in the ministry would move towards a common goal, which was to raise student performance and ensure that every student had access to quality education.
"With the introduction of the policy, no ICT initiative under the ministry would be enforced separately from other initiatives, thus raising the efficiency of resource management and economy."
Also present were Education director-general Tan Sri Alimuddin Mohd Dom, deputy secretary-general (management) Dr Rosli Mohamad and Multimedia Development Corporation Chief Executive Officer Datuk Badlisham Ghazali.
2010/10/13
By Farrah Naz Karim
farrah@nst.com.my
http://www.nst.com.my/nst/articles/03bas/Article/
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