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Saturday, 28 February 2015

Singapore Greatest leader, Lee Kuan Yew in 'stable' condition

SINGAPORE: Minister for Communications and Information Yaacob Ibrahim said he has been informed that former Prime Minister Lee Kuan Yew is in "stable" condition. 
In a post on Facebook on Friday evening (Feb 27), Dr Yaacob wrote: "I understand that many people are concerned and anxious about Mr Lee Kuan Yew's condition. I have been informed that he is stable and that the doctors are monitoring him closely. In the meantime, let us continue to give him our well wishes and keep him in our prayers.
Mr Lee has been at the Singapore General Hospital since Feb 5. He was admitted for severe pneumonia and is now in the Intensive Care Unit, breathing with the help of a mechanical ventilator. 

The Prime Minister's Office on Thursday said doctors have restarted him on antibiotics.

India's Budget 2015 at a Glance














India's new business-friendly budget to boost Investment

Indian PM Narendra Modi's government has unveiled a business-friendly budget aimed at attracting greater investment for the economy.
Finance Minister Arun Jaitley announced an unprecedented in corporate tax cut, in the government's first full budget.
But he also proposed major benefits for the poor, introducing a universal social security scheme.
India will grow at a rate of more than 8% during 2015-16, a key economic report said ahead of the budget.
The growth forecast follows the country's new way of calculating GDP which has caused some confusion.
Presenting the budget in parliament Mr Jaitley said the country was growing at a strong rate, inflation was down and foreign exchange reserves were high.
"We inherited a sentiment of doom and gloom. The investment community had almost written us off. We have come a long way since then," he said.
"We have turned around the economy, dramatically restoring macroeconomic stability and creating the conditions for sustainable poverty elimination, job creation, durable double digit economic growth."
Among the major announcements made by Mr Jaitley are:
  • Five "ultra mega" power projects of 4,000 megawatts (MW) will be built to ease the energy crisis
  • Spending on infrastructure will be raised by $11.3bn (£7.32bn) to boost growth
  • Creating an "universal social security" that would give poor Indians access to subsidised insurance and pensions
  • Implementation of a uniform countrywide goods and services tax (GST) by April 2016
  • Welfare money to be paid directly into people's bank accounts to eliminate corruption and wastage
  • Wealth tax to be abolished and replaced by a surcharge on the super rich
  • Corporate tax to be cut by 25% over next four years
Radhika Rao, an economist with DBS in Singapore told Reuters news agency that Saturday's budget was "pragmatic, wide-ranging and inclusive given the emphasis on social safety nets".
Analysts say the government's challenge will be to balance its spending with the need for fiscal restraint.
Mr Jaitley said the government would achieve its goal of cutting the fiscal deficit to 4.1% of gross domestic product (GDP) for 2014-15 from 4.5% the year before.

Malaysian's Opposition Leader,Lim Kit Siang questions foul play among judges

KUALA LUMPUR: Questionable dealings among judges were aired after a former judge resurrected a controversial 1995 dispute over company shares, prompting the DAP’s Lim Kit Siang to demand an explanation from the chief justice, Ariffin Zakaria.
Lim asked whether a vengeful former chief justice, Eusoffe Chin, had twice blocked the promotion of an appeal court judge who stood up to him.
In a statement today Lim demanded an explanation from the current chief justice, Ariffin Zakaria, who heads the Judicial Appointments Commission, which decides on appointments to the three superior courts.
Lim said Ariffin should explain whether the controversial Ayer Molek v Insas case of 1995 was one reason for Justice Mohd Hishamudin Mohd Yunus being twice by-passed and denied elevation to the Federal Court.
Lim wanted to know if Justice Hishamuddin’s promotions were thwarted by Eusoffe Chin exacting vengeance on the judge, who had declared as invalid a decision by a superior three-man federal court bench headed by Chin.
Justice Hishamudin had ruled that the bench of Chin, an appeal court judge, and a high court judge, was improperly set up because the third judge, Pajan Singh Gill, was not legally competent to sit on the federal court bench as he was only a high court judge at the time.
Lim also referred to an article by retired appeal judge Justice K.C. Vohrah last year that Chin had tried to influence an unnamed appeal court judge who was about to hear a shares dispute between the Ayer Molek Rubber Company and Insas Bhd in 1995.
In the article, published in a Court of Appeal 20th anniversary booklet last year, Justice Vohrah had stated that Eusoff had called the judge into his chambers before the appeal was heard and when the judge entered, the CJ pointed to a pile of files on his table. “He (Eusoff) said the papers were related to the Ayer Molek case and he (the CJ) indicated that the appeal had no merit,” Malaysiakini quoted Vohrah as saying.
Vohrah was on the bench that heard the Ayer Molek case, with appeal judge NH Chan and co-opted high court judge Siti Norma Yaakob, later the first woman chief judge of the high court of Malaya.
The three judges held that lawyers for Insas had abused the High Court process, creating grave injustices; the lawyers had “brought the administration of justice into disrepute” which might “give the impression that litigants can choose the judge before whom they wish to appear”, the appeal judges held.
Lim said the Ayer Molek case was one among other cases and events in the eighties and nineties which “marked the downfall of Malaysia’s reputation for judicial independence and just rule of law”, starting with Dr Mahathir Mohamad’s sacking of the head of the judiciary, Tun Salleh Abbas, and two Supreme Court judges in 1988.
Vohrah had written that Court of Appeal decision in the Ayer Molek case was overturned by the Federal Court bench one week later; the Malaysian Bar, aghast at the Federal Court decision, said the panel headed by Eusoff was illegally constituted because the third judge on the panel, Pajan Singh Gill, was not legally competent to sit on that bench as he was only a High Court judge then.
The matter was raised in a RM100 million libel suit brought by Insas lawyer VT Lingam over an article in a foreign business magazine about the Ayer Molek case.
When the Lingam libel case came up before Justice Mohamad Hishamudin, the judge dismissed Lingam’s suit; he “stood his ground saying the Federal Court panel by Eusoff was not legally constituted” and had upheld the earlier appeal court judgement by Chan, Siti Norma and Vohrah.
Lingam and Chin later gained notoriety after photographs were published showing the pair on holiday together, leading to a royal commision of inquiry when a video tape was published apparently showing Lingam arranging for judges’ appointments. The royal commission censured both Lingam and Chin and four others including Dr Mahathir Mohamad, but no action has been taken since.
Lim questioned whether Eusoffe Chin had extracted double vengeance on Justice Hishamudin by twice denying him promotion, first in September 2013 and again in the latest batch of judicial elevations this year.-February 28,2015. Free Malaysia Today.

Friday, 27 February 2015

$137bn boost for India Railway System

NEW DELHI—India plans to spend 8.5 trillion rupees ($137 billion) over the next five years to expand and modernize its vast railway network.
While the South Asian nation unveiled a long list of upgrades for its state-run railways network on Thursday, it said it wouldn’t be increasing train fares.
“We are directing our efforts to make travel on Indian railways a happy experience,” Railways Minister Suresh Prabhu said while presenting the national railway budget for the year starting April 1.
The railways will increase spending by 52% to one trillion rupees next fiscal year. The additional spending will be funded through a mix of cost savings and higher revenues at the railways, financial support from the government, and borrowing.
Mr. Prabhu said the railways would raise 177 billion rupees through internal resources, 348 billion rupees through borrowing, and 400 billion rupees from the government.
While the government kept passenger fares unchanged, it raised freight rates by up to 10% to boost revenue. The government said revenue from both passenger and freight traffic will rise 15% to 1.84 trillion rupees next fiscal year.
Overhauling India’s railways has proved to be a tough task in the past. Previous governments have been wary of raising passenger fares to generate the resources for fear of displeasing the millions of voters who rely on the relatively cheap mode of transportation. Some 23 million Indians take trains each day. Freight rates have been kept high to subsidize the passenger services.
Markets showed little reaction to the new railway budget, with the S&P BSE Sensex edging down 0.9% on Thursday. Stocks of companies manufacturing rail coaches and other railway related stocks fell between 3% and 5%, as investors feared the higher freight rates could hurt traffic.
Still, the government is trying to send a signal that it is serious about improving the country’s infrastructure. The “rail budget lays out a clear road map to make the railways the key driver of India’s economic growth and [play] a key role in India’s progress,” Prime Minister Narendra Modi said in post to his verified Twitter account.- The Wall Street Journal

Malaysian's Prime Minister approval rating slips to 44% :Merdeka Center

Prime Minister Datuk Seri Najib Razak's approval rating dropped to 44% last January from 48% in October 2014 as more people felt his government was headed in the wrong direction in economic issuez, according to the latest Merdeka Center poll.
The independent pollster said Najib's Barisan Nasional (BN) coalition's approval rating remains at 38% in January, the same as the last poll done last October. – February 27, 2015.The Malaysian Insider

Wednesday, 25 February 2015

Price Of RON95 Petrol in Malaysia To Go Up!!

Kuala Lumpur- As the price of crude oil has risen to US$60 (RM216.50) from the previous price of US$48 last month, the price of petrol in Malaysia will likely reflect the higher price in the coming month. 
The current price for RON95 petrol stands at RM1.70 a litre, RON97 petrol at RM2.00 a litre and diesel sharing the samce price as RON95.
With the new hike in prices, it is estimated that the price of RON95 will likely climb higher, as the price is now derived from a managed float system that is reviewed on a monthly basis. 
This comes as the government slashed fuel subsidies two months ago, which peaked at RM20 billion ringgit per annum when the price of crude oil was high.
However, with the US producing oil at a higher rate, demand has slowed and with OPEC, the cartel of major global oil producers, having decided not to cut out the supply of crude oil produced daily, prices have dropped sharply since June last year. 
Despite the increase in price, a report by the BBC estimated that the price will recover slowly to around US$70 by 2019 market experts forecasting a price range of US$40 - US$80 in the next few years.  
Malaysian Digest 

Sunday, 22 February 2015

Malaysian State,Penang, to roll out RM27b transport master plan in 2017

Georgetown :The RM27 billion Penang Transport Master Plan will be rolled out in stages beginning 2017, the state government said.
Penang traffic management exco Chow Kon Yeow announced today that the state government had received proposals from six bidders to be project delivery partners (PDP) of the master plan.
Of the six, two are foreign consortiums and three are local public-listed construction giants, he said, without revealing the companies.
The state has appointed consultancy firm KPMG to lead the evaluation of the bids.
“By May, we should be able to decide which firm to pick and sign an agreement with.
“After that, there will still be work to refine the plans before tenders can be called to appoint companies to start the physical work. They will need to take a couple years to finalise engineering plans before rolling out the projects.
“We expect that the first project from the master plan will be able to roll out in 2017,” he said at a press conference at his Komtar office.
The closing date for bidders to submit their proposals was yesterday.
The Penang Transport Master Plan, completed in 2012, aims to resolve traffic woes in the state, especially on the island.
It involves massive infrastructure works and a comprehensive public transport system incorporating light rail transit (LRT), trams, buses and catamarans, expanding roads and building new highways.
It also includes an ambitious undersea tunnel linking George Town and Butterworth.
Instead of appointing only one PDP as initially planned, Chow said due to the size of the master plan and the many projects and packages involved, two PDPs may be appointed and split up the projects for better management.
Bidders must propose implementation plans as well as financing for the projects, he said, adding that this may include land swaps and land reclamation rights.
“This is the method used by Konsortium Zenith BUCG Sdn Bhd, which is undertaking the undersea tunnel project.
“We will have to study the proposals by the bidders first to see what funding method is viable,” Chow said.
Konsortium Zenith BUCG was awarded a 30-year concession on the tunnel. The company will also get 44.5ha of reclaimed land from the Penang government for building the tunnel.
The feasibility study for the 6.5km undersea tunnel reportedly started last month and work on the multi-billion ringgit project could begin next year.- TheEdgeMarkets.com

EPL Results Week 26

Liverpool : Manchester City's hunt to retain the Premier League title took a turn for the better on Saturday after Manuel Pellegrini's men battered Newcastle United following Chelsea's draw at home to relegation-threatenedBurnley.
The Citizens were unrelenting in a 5-0 victory against the struggling Magpies while Manchester United slipped to a 2-1 defeat at the Liberty Stadium to hand Swansea City their first league double over the Red Devils.
Arsenal found themselves on the winning side of a 2-1 result after travelling toSelhurst Park on Saturday, where DannyWelbeck played an important role in their victory over Crystal Palace.
Hull City and Stoke City each claimed 2-1 victories of their own, beating QPR and Aston Villa, respectively
Southampton and Liverpool will clash on Sunday in what should prove to be a crucial fixture for two teams looking to solidify form in their pursuits of European football next season.

Saturday, 21 February 2015

Deadly Swine flu outbreak in India

New Delhi-Indian health officials are struggling to contain a swine flu outbreak that has killed more than 700 people since it took hold in mid-December.

The number of cases has doubled since last week to more than 11,000.

Critics have accused the government of failing to distribute medicines, but officials insisted the situation was under control.

This year's outbreak of the H1N1 virus, which causes swine flu, is the deadliest in India since 2010.

The virus first appeared in Mexico in 2009 and rapidly spread around the world.

The northern state of Rajasthan has been worst affected.

Health authorities across India have launched TV and radio campaigns to tell people about precautions they can take to avoid the flu.

Health Minister JP Nadda attempted to rebuff reports of drug shortages.

"If any medicine store refuses to give medicines after showing a medical prescription, it should be reported to the authorities and action will be taken," he said.

He said there was no need to panic, and insisted the government was monitoring the situation closely.

Experts investigating the cause of the outbreak say low winter temperatures are to blame.

Friday, 20 February 2015

Thailand bans foreigner surrogacy

Thailand has passed a law banning foreigners from paying Thai women to be surrogates, after two high-profile cases sparked debate last year.

The legislation also bans the use of agents, or any promotion of women willing to carry babies for others.

Last year the case of a little boy born with Down's syndrome put Thailand's surrogacy industry in the spotlight.

His Thai surrogate mother said his Australian parents abandoned the boy but took his healthy twin sister home.

Under the new law, only married Thai couples or couples with one Thai partner who have been married at least three years can seek surrogacy, and commercial surrogacy is banned.

Anyone caught hiring a surrogate mother faces a maximum jail sentence of 10 years.

Agents touting surrogate mothers would also face imprisonment if caught.

'Baby factory'

The case of the Australian boy - named "baby Gammy" - made headlines around the world after his Australian parents took his healthy twin sister home and left him in Thailand.

He remained with surrogate mother Pattaramon Chanbua, 21, and was later granted Australian citizenship so he can have access to medical care.

Concern about the industry worsened when a Japanese man was found to have fathered more than a dozen babies by different Thai surrogates, a case later dubbed "the baby factory".

Commercial surrogacy was supposedly banned by Thailand's Medical Council in 1997.

Nevertheless a booming surrogacy industry has sprung up, attracting many foreigners.

The exact numbers of couples seeking surrogacy in Thailand from around the world is unknown, but Australia's Department of Foreign Affairs and Trade (Dfat) said last year that up to 150 Australian couples were expecting a child by a Thai surrogate mother in 2015.

Families Through Surrogacy, an international non-profit surrogacy organisation, has estimated that parents travelling to Thailand pay approximately 1.7 million Thai Baht ($52,000; £34,000), comparable to estimated costs in the US, Mexico and India.

Lawmaker Wanlop Tangkananurak said the law - which was first read in parliament in November - aimed to prevent Thailand from being "the womb of the world".

A lawmaker told Reuters news agency that all surrogates would have to be over 25.

5 man in India arrested for stealing oil Ministry document

New Delhi-Delhi Police Crime Branch suspects that the five men arrested while stealing important documents from the Ministry of Petroleum and Natural Gas (MoPNG), could have already passed off some documents to those who hired them.
A senior police officer said several petroleum companies in the private sector were involved.
Lalta and Rakesh, two brothers arrested in connection with the case, had worked as multi-tasking staff members on a temporary basis till 2012.
Their father Asharam, another person to be arrested, is still serving as a multi-tasking staff member.
“The two brothers told us that during their stint at Shastri Bhawan, they realised that they could easily access official documents,” said a senior police officer.
The police have impounded the car used in the commission of crime which declared it to be a Government of India vehicle. CCTV footage revealed that Lalta and Rakesh were allowed inside the Shastri Bhavan at night, said sources. The information was subsequently passed off to the Delhi Police.
Investigations further revealed that the stolen documents were being sold to some individual of private energy consultancy companies as well as to those in the petrochemical/energy industry.
The brothers would charge variable amounts, running into thousands, depending on whether the sold document was classified or non-classified.-The Hindu

India Eastern City, Kolkata the fastest growing market after US for Uber

KOLKATA: Kolkata has become the fastest growing market for taxi-hailing service Uber, after the US, a top official of the company said today. 

"Kolkata is the fastest market for us globally after America. The volume of business growth is unprecedented for us. It is the most important market for us," Neeraj Singhal, Head of Expansion (India) at Uber, told reporters here. 

He said their business in terms of the number of trips has been growing at a phenomenal rate ever since the service was launched here in last September. 

"This means the Kolkata market is growing faster than even London," he said, adding, while the India market for Uber has been growing by over 40 per cent, the Kolkata market has been doing better than the national average. 

Mumbai comes second out of the 11 cities in the country in which the company is operating. 

Founded in 2009, the San Francisco-based taxi aggregator operates in over 200 cities across the globe. 

When asked, Singhal said the limited transportation infrastructure in Kolkata has been a boon for them. 

"The existing transportation infrastructure in the city is not satisfactory and has provided us with a big opportunity in the market," he said. 

The official, however, refused to share any figure on the number of cabs they have tied up with in the city. 

Providing an app-based taxi service, Uber doesn't own any cars nor employs drivers. 

"We are not radio taxi. We only provide a free market for entrepreneurs using a technology platform," Singhal said. 

According to him, the average waiting time to get a cab is six minutes in Kolkata. 

The company is also looking at expanding its services in nearby areas of Kolkata and other cities of West Bengal. 

"We are also providing tens of thousands of jobs to entrepreneurs in Kolkata through our model," Singhal said.- The Economy Times




Northeast Australia to be hit by 'Terrifying' storm

SYDNEY: Tens of thousands of residents in northeastern Australia were warned on Friday to take shelter wherever they could after a huge storm unexpectedly intensified into a cyclone before it made landfall, cutting rail links and closing ports.Cyclone Marcia was upgraded overnight to a category 5 system, the highest storm rating. It crossed land with wind speeds of up to 285 kph (177 mph), according to the Australian Bureau of Meteorology.Emergency services rushed to evacuate almost 1,000 homes in Marcia's path in tropical Queensland state but told others it was too late and urged them to hunker down in the safest places they could find.
"Over the next 24 hours, Queenslanders are about to go through a harrowing and terrifying experience," Queensland Premier Annastacia Palaszczuk told a news conference. "We are now very concerned with people's safety."
Rail lines to coastal ports, an essential part of Queensland's AUS$280 billion (141 billion pounds) commodities export-driven economy, have been brought to a standstill. Staff were evacuated or sought refuge in shelters purpose-built to withstand cyclones.
More than 10 percent of Australia's sugar crop is at risk from Marcia, an industry body warned. The world's No. 3 exporter of raw sugar is set to produce 4.6 million tonnes of the commodity in 2015.
"YOU MUST FIND SHELTER"
Emergency services handed out thousands of sandbags to protect homes and businesses from massive tidal surges and opened inland evacuation shelters, but said there was little more they could do until the storm passed.
"Our primary focus from this point on ... is the safety of all human life," Queensland Police Commissioner Ian Stewart told reporters. "You must find shelter."
Hundreds of residents were taking refuge in the small Queensland town of Yeppoon, which braced overnight for a direct hit from what meteorologists warned could be among the most powerful cyclones on record for Australia.
Meteorologists said the worst of the winds should ease by Friday afternoon but warned that heavy rains and flooding were likely to continue for several days and extend inland.
On Friday, BHP Billiton suspended rail lines hauling coal from its inland collieries to the massive Hay Point shipping terminal until further notice.
Marcia's forecast trajectory indicated the impact on coal mining was expected to be less severe than in 2011, when Queensland missed its overall annual coal export target by 40 million tonnes after storms dumped unprecedented amounts of rain into coal pits.
Data supplied by the Bureau of Meteorology showed Marcia
making landfall roughly 125 km (75 miles) north of Boyne
Island in Queensland, where Rio Tinto operates
Australia's largest aluminium smelter.
At the Curtis Island liquefied natural gas hub, engineering group Bechtel said employees had been taken to their homes on the mainland.
It was also looming as a gloomy weekend for sports fans, with torrential rains from Marcia likely to force a halt to Australia's second World Cup cricket match against Bangladesh scheduled to be played in the Queensland capital on Saturday.-Reuters  

UEFA Europe League Result


Thursday, 19 February 2015

Another victim of Sedition Act in Malaysia

KUALA LUMPUR: Ten policemen descended on Parti Sosialis Malaysia (PSM,Socialist Party of Malaysia) secretary-general S. Arutchelvan’s house on Thursday night and held him under Section 4(1)(c) of the Sedition Act reportedly for a statement he issued on Feb 10 following Opposition Leader Anwar Ibrahim’s conviction on a sodomy charge, according to malaysiakini.
The police also seized his computer, mobile phone and modem.
Under the section, anyone who prints, publishes, sells, offers for sale, distributes or reproduces any seditious publication shall be guilty of an offence and is liable to a fine of up to RM5,000 or jail up to three years, or both.
PSM’s Feb 10 statement:
Parti Sosialis Malaysia (PSM) is appalled with the disgraceful Judgment by the highest court in the nation on Anwar’s sodomy II case. Any person following the trial in the Federal Court would have made a overwhelming foregone conclusion that Anwar is innocent and he will be free man today. This hope was dashed and now in shambles.
The Judgment today further deepens our conviction that the courts are not independent and are politically driven. The Prime Minister department in normal circumstances responds late to any issues but on this issue has already issued a statement very promptly and efficiently. Was this statement already ready before the judgment? One would not need a genius to answer this.
The highest court has unanimously put to shame our criminal justice system and Judiciary beyond repair. It is time people wake up that something is seriously wrong.
The decision today besides creating a political crisis as well as leadership crisis in PR; will also derail real issues faced by the normal rakyat such as the serious increase in prices of goods, the Floods, the dengue epidemic, the implementation of the GST and other real issues. The decision is designed to keep us away from addressing the real issues while the culprits continue to reap huge profit and immense huge power.
It is time to unite against this corrupt system. We stand in unity with PR and Anwar’s family on this.
When injustice becomes law, resistance becomes a duty!

Nein! Greece Loan Request Rejected By Germany

Germany has rejected Greece's plan for a crucial loan extension, calling it "no substantial proposal for a solution".
The office of the German finance minister Wolfgang Schaeuble issued the terse response, just hours after Greece formally lodged its bid for a six-month deal to effectively replace its bailout, due to expire at the end of the month.
German finance ministry spokesman Martin Jaeger added that it amounted to a request "for bridge financing without fulfilling the demands of the (bailout) programme".
The country's new anti-austerity government is seeking a compromise to break the deadlock with European creditors, especially Germany, as it runs the risk of running out of cash and defaulting on its debts without agreement.
It has ruled out the prospect of any deal under the terms of its previous rescue because of its mandate from the Greek people who swept the anti-austerity Syriza party to power last month.
The details of the Greek request were not made public but the Reuters news agency said it had seen a document which suggested Greece had watered down its previous demands.
The letter, purportedly written by Greek finance minister Yanis Varoufakis, pledged  to honour all Greek debts and not take unilateral action that would undermine agreed fiscal targets.
The government of Alexis Tsipras blames the conditions attached to its bailout of hampering the country's recovery and leading to a deterioration of living standards.
Unemployment remains at more than 25%.
On Monday, the government rejected a plan to extend its current €240bn (£178bn) bailout deal, describing it as absurd.
Eurozone finance ministers had given Greece until Friday to request an extension of its current austerity and reform programme.
Germany has been particularly vocal in insisting the country sticks to the terms of its commitments.
The formal Greek request was made in a letter to Jeroen Dijsselbloem, head of the eurogroup of finance ministers.
The document was submitted after the European Central Bank (ECB) agreed to increase its emergency funding to Greek banks amid a capital flight from the country.
Depositors are fearful the lack of a deal will force Greece from the single currency and back to the drachma, representing a significant devaluation.
A source told the AFP news agency the ceiling for emergency liquidity assistance - or ELA - to the banks was raised by the ECB from €65bn to €68.3bn (£50.3bn).
According to the source, the Greek central bank had requested an extension of roughly €10bn.
Minutes of the last ECB governing council meeting, released on Thursday, also confirmed that a Greek exit from its bailout commitments would prevent the ECB buying the country's bonds under its €1.1tn quantitative easing scheme.
The eurozone economic stimulus, due to begin next month, was not backed by each member of the council - widely believed to be its two German members.
The minutes said: "In the view of some members there appeared to be no urgent need for monetary policy action."-SkyNews. February 19,2015

Thailand files charges against ex-head Yingluck

Bangkok-Thailand's attorney general filed charges against deposed prime minister Yingluck Shinawatra on Thursday, in a case that could result in a 10-year jail term if she is found guilty.
Yingluck, Thailand's first woman prime minister, was charged with negligence for her role in a rice subsidy scheme that has cost the state billions of dollars. She denies wrongdoing.
The Supreme Court would decide by March 19 whether or not to pursue the case, court secretary Theerathai Charoenwong said.
Yingluck was forced from office last May over a separate legal challenge days before her government was ousted in a military coup. The coup ended months of protests organised by supporters of the establishment opposed to her government's populist polices including the rice subsidy.
Yingluck was not obliged to appear on Thursday but would be ready to report to the court if the case proceeds, her lawyer, Norawit Laleng, said. The government denied Yingluck permission to travel to Hong Kong this month to ensure she was in the country to face charges.
The prosecutor submitted 20 boxes of documents related to the case in the court, Kosonwat Inthujanyong, deputy spokesman for the Office of the Attorney General, told reporters.
Yingluck is the younger sister of former Prime Minister Thaksin Shinawatra, a telecommunications tycoon who shook up the political system with policies favouring the rural poor when he became prime minister for the first time in 2001.
The charges against Yingluck represent the latest stage in a 10-year struggle between Thaksin, who was overthrown in a 2006 coup and has lived abroad since 2008 to avoid jail for a graft conviction he says was politically motivated, and the royalist-military establishment.
He or his allies, including Yingluck, have won every election since 2001, to the dismay of the establishment which sees him as threat, although pro-Thaksin governments have only served one full term because of court decisions or military intervention.
A military-stacked legislature in January found Yingluck guilty of dereliction of duty in relation to the rice scheme, in a retroactive impeachment that carries a five-year ban from office.
The Office of the Attorney General on the same day announced it planned to file charges against her.
Yingluck's critics say the rice scheme was an effort to buy votes.
Supporters of the Shinawatras say the charges against her are aimed at ending Thaksin's influence.
Army rule has brought stability but the junta's national reconciliation plan has failed to narrow political divisions. An election will be held early next year, the government says. – Reuters, February 19, 2015.


AllBlack captain hint retirement after World Cup

All Blacks skipper Richie McCaw has dropped the strongest hint yet he will retire after this year's World Cup in England and says he is not looking for a move to France.


The 34-year-old captain of New Zealand, the reigning world champions, admitted he was considering hanging up his boots but was not yet ready to make a definitive announcement, preferring to focus on the ongoing Super 15 season with the Canterbury Crusaders.
"Honestly, I haven't made any final decision but probably the likelihood is I'm not going to be playing next year," McCaw said at a Crusaders training session, in comments published on New Zealand Rugby's official website.
"But I don't want to be getting carried away now talking about those sorts of things when I am focusing about playing.
"I want to really enjoy this year but, as I say, that's the likelihood and I don't want to make any big announcements because I don't think that would be right going into a season."
McCaw currently has 137 Test caps and is set to become rugby's most-capped international later this year, overtaking Australia's George Gregan (139) and Ireland's Brian O'Driscoll (141) and
However, the openside flanker is renowned as the ultimate team man and helping the All Blacks become the first side to win back-to-back World Cups would rank higher for him than any individual accolade.
McCaw could earn huge money with a French or Japanese club if he decided to retire from international rugby and continue playing at a lesser level.
But unlike many All Blacks, including Racing Metro-bound Dan Carter, he has never shown any interest in playing outside New Zealand and insisted that money was not a driving force.
"Everyone is motivated a bit differently and I've always said that is not the number one motivation," he said.
"Obviously, it is nice to play and get well looked after because of that but I've always said that if I was enjoying it and wanted to carry on playing then I would play here.
"If I'm not enjoying it and decide I've got to go off just play to earn some cash I think that would be pretty tough."
McCaw made his New Zealand debut against Ireland in 2001 and took over as skipper in 2006, becoming the first player to captain an international side for 100 Tests late last year.
He has been named world player of the year a record three times and, on home soil, led the All Blacks to their first World Cup title for 24 years in 2011, playing the entire tournament with a painful foot injury.

The All Blacks have won 87 per cent of their matches under his leadership and fitting finale would be to lead New Zealand to win their first World Cup abroad in England later this yea

Malaysia's Inspector-General of Police Warned Pro Anwar Protester

Kuala Lumpur- Malaysia's Inspector-General of Police Khalid Abu Bakar has warned that action will be taken against the organisers of the “Kita Lawan” (We Fight) rally being planned for next month.
The rally is being planned in support of opposition leader Anwar Ibrahim who was sent to jail for five years last week, the Malaysian Insider reported.
Several peaceful protests were held in Kuala Lumpur after the Federal Court upheld Anwar’s sodomy conviction.
“We have laws in this country… if the law is not being observed, be prepared to face police action,” said Khalid after launching a road safety campaign in Kuala Lumpur yesterday.
“I want to remind those who try to hold gatherings or rally we will not stay silent, we will take action.
Khalid Abu Bakar widely criticize by Malaysian and law maker for his pro-government action. Until now, there are many opposition MP were arrested under the Sedition act.    

Farm price index rises slightly in Thailand

The Office of Agricultural Economics of Thailand (OAE) said  the farm price index increased slightly in January from the figure in December last year.
It said the government’s support to rubber price and a higher price of palm oil contributed to a 0.1% increase in the  price index.
But it said prices of cassava and pork have declined due to oversupply in the markets.
It said  farm index is expected to remain the same throughout the month of February.
However it said if compared with January last year, the farm price index dropped  11.12% as most products, except for cassava and palm oil, were cheaper.
Global demand and drought pushed up the prices of both items in January last year, it added.