New 料 (ingredient) in the soup.

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Someone told me that the cook has added new ingredient into the bowl of soup. This ingredients shares the same origin as the empurau and is known to be a kind of its own. However. this guy is unsure how spicy the bowl of soup will be after the ingredient is been added.

With such induction, the junior league might changed in sense to pave ways to this new induction and we shall see some changes in the liquor intake very soon. Some people may think that this bowl of soup is now inedible.

The junior leagues change in progressssssssss…..

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ok, this is just in. There are now 5 confirmed contenders for the junior league… So, good luck to all of them. Although I am wondering if this bowl of Chinese broth indeed a edible by the end of this race. It is however, Chinese junior league. Let’s hoped that the hot potatoes is not going to melt the whole broth.

On the senior league, I think it will be a 3-corner penalty kick! We shall see tomorrow… who is the fairest of them all…..

The accidental winner

Posted by Pierce in business, Reality, Technology Rant | Comments Off

The Digi Challenge for Change came as a last moment thing when I got a call from wackybecky who wanted to give my contact to cerventus. This brings in a phone call from Emily!

Knowing that there were that many start up weekend coming to Malaysia, this is a rare opportunity. I pushed myself into the part of the campus which I seldom go to. As I was coming up to the fateful day, I managed to clear my schedule for the event.

Going through each of the teams, I know, handing out my name cards pisses off one of the other mentors during Friday night. I believed this team was the first one which I gave my name card to. It came close to one of my students’ paper back in 2007.

The weekender, some came for credit hour, some came for other programs, some thinking that this is a lecture and thinking back to my post-grad day, free food! Campus economy at play. One of the winner was there for it and going back with media coverage, RM 1k startup money, a new project and of course, free food!

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Junior league in boiling soup

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It is expected that the premier league is getting on the temperature. Whose butt is going to get kicked is all up to the “members” and with all the revolts and fishes and prawns been in the net, all that is to wait is for the magic moment when the goal was not guarded properly to kick a goal.

We can expect a penalty kick coming very soon and I think not being a footie does have the advantage to skid and slides the balls off the player’s feet.

With that much adrenalin pumping one must not forget that other than the premier league, there is also the junior league which would require some more pumping, kicking and squeezing before things starts to fall into place. We shall see that some of the players marked for the premier still trying their luck in the junior league though their age does not even qualify them to be anything but senior’s junior.

Will they have the time to go back to their own turf?

What do we get from them ‘oyl’?

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When we stare at the Petroleum Development Act and also the financial reports of Petronas, Shell, et al, we couldn’t help but to wonder, where did all those money have gone to?

I won’t be caring about what’s going back to the company but I would be intrigued by what is going back to the societies at large. Being grand at its scale, O&G profits are huge sum. It took only 5 years of Petronas Profit to finance the Petronas Twin Towers. Without which, KL will not have KLCC and it complexes.

Let’s look at a fishing village called Bintulu! Yes, Bintulu was a fishing village. It is wasn’t for one of the biggest Natural Gas pocket sighted in 1969 and in 1975, Bintulu will not be in this shape today. Now Bintulu is a ever growing town with the O&G whereby 7% of the country’s GDP came from.

Another fishing village started off with the which also spun off into a City is Miri! this City started it’s O&G in 1910 and now contributed to another 7% of the country’s GDP. That is USD 11.88b of which USD 594m is used yearly to develop the state. Based on per capita wise, Sarawak still have the highest per capita allocation of country’s profit from the O&G sector.

Attributing to this, the O&G is contributing to the social economics in Sarawak. Much of which came from those wages earners in the O&G which is still having the highest job grade in the countries industry-wise. This made Sarawakian’s purchase power among one of the top in the country.

On social infrastructure front, Most of the demand from the O&G sectors has driven the development plan of industrial infrastructures in Sarawak. This is made to meet the demands of the O&G which also benefits other industries.

The Bintulu Port, for instance, is one example whereby it was built for transporting LPG to oversea. However, The same deep sea port sees VLCC carrying other loads of goods to the state. And due to the contribution by O&G sector to the working of the port operation, the port is one of the lowest in the countries in terms of handling fee. This is attribute to operation management of the port as point of transit and import to the state and country.

The same O&G sector has spun off other industries which includes some of the supporting industries. This contributed to the social economic of the people by generating business opportunity and loads of other job opportunities for the people in Sarawak.

What is in the fear now is that with the oil reserve running closer to depletion, Will the same social economic balance be maintained? No one know for now how it will turn out. Meanwhile it is time for the O&G to channel their profits into more social development before their ability of contribution is supercede by time.