Friday, January 13, 2012

Happy Chinese New Year 2012

We want to wish you a

Happy and Prosperous Chinese New year 2012.

Gong Xi Fa Cai

2012 The Year of the Dragon

Thank you again for your continuous support and friendship. May the year of Dragon bring golden opportunities and fruitful rewards your way. We look forward to a prosperous Chinese new year as we go into the year of the 2012! The coming 2012 year of the water Dragon is just about the corner.

In contrast to European dragons which are considered evil, the Chinese dragon is a kindly creature that controls over water, rainfall & thunderstorms. It’s brought rains to the farmers but also punishes those who are disobedience to their parents.

In Chinese daily language, excellent and outstanding people are compared to the dragon while incapable people with no achievements are compared with other, disesteemed creatures, such as the worm. A number of Chinese idioms feature references to the dragon, for example: "Hoping one's son will become a dragon" (望子成龍, i.e. be as a dragon).

The Dragon symbol of the 2012 year is an potent intelligent and laborious worker who never puts aside work though sometimes this leads him to excesses. The water Dragon has enough courage to face challenges and easily finds weak points that stand on his way to success.

Note :
Since you cannot keep a dragon, maybe you can keep an arowana. The picture show an arowanas, in Chinese, is called "Kam Lung Yue", or Golden Dragon Fish. Arowanas are popular aquarium fish in Asia. It is a majestic fish that the Chinese believe will bring a steady flow of fortunes and success in business.

I believe that success and fortune is a result of our diligence and blessing from the Lord.
You can make many plans, but the LORD's purpose will prevail. (Proverb 19:21. NLT)

Thursday, January 12, 2012

Malaysian manufacturers to comply with new US law

KUALA LUMPUR: Malaysian manufacturers exporting to the US will have to ensure usage of licensed IT softwares in their business operations following the newly imposed Unfair Competition Act (UCA) in Washington and Louisiana states.

The two states have passed the bill in July last year, making it a violation for any business to carry out manufacturing and commercial activities using stolen or misappropriated IT infrastructure in its entire supply chain.

Open Computing Alliance regional representative Michael Mudd said that Malaysian companies that obey Malaysian law would already be compliant with the UCA.

“All they need is to get an audit certification from their external auditors to confirm that the software used is paid for. For this, I would imagine incremental cost to be low,” he said at a seminar at MATRADE Hall.

“I believe that Malaysia has an early bird advantage of about six to 12 months to comply with the UCA, in advance of larger economies,” he said, saying that China, for one, will need more time to shift to the compliance mainly because of the scale of its economy.

He added that smaller companies can act quicker because of faster decision-making and use its compliance as a competitive advantage.

Although the new civil law is still in a communicative period rather than enforcement already, Mudd said that it would be an inevitable as it is gaining traction across the US.

“The fact that the Attorneys General (representing 39 states and territories) wrote a letter to the US Federal Trade Commission asking for to enforce similar law across the country is indicative of (the law) moving forward very fast,” he said.

The US is the fourth largest trading partner and export market for Malaysia, accounting for RM51.19bil worth of Malaysian exports from January to October last year.

In 2010, the total trade between both countries were RM117.21bil or 10% of Malaysia's total trade volume.