Intel to shut facilities in Penang

-
INTEL, the giant computer chip maker said it will close two assembly test facilities in Penang between now and the end of 2009.

It was also learned that their other facilities in the Philippines and the United States will also be shut down due to the current economic uncertainties and the continuous loss in net profit which Intel is unable to coop with.

With the closure of the Penang, the Philippines and the United States facilities, it is expected to lay off about 5000 over employees.

Popular posts from this blog

All DAP supporters are 'bangsat', says an Umno breed dog

-
Image
In the Umno youth general assembly this morning, a voice has been heard as saying, 'Sesiapa yang sokong DAP, mereka dari bangsa bangsat,' it is from Shaik Hussin an Umno youth delegate from Penang. If those who had supported DAP were from the bangsat race, what is he then? Should we say this political animal is from the dog's race? Yes we ought to say that because he is not even a human in the first place. He is showering hatred and we supposed he hated the Chinese and Indians so much to an extend that he losses his humanity and started behaving like an animal from the dog's race. We wish to challenge him to repeat his words one by one, in open in the middle of Georgetown City once he return after his party's annual meet.
Read more

Unions see no reason for low EPF dividends

-
The unusual low dividend of 4.5% expected to be declared by the Employees Provident Fund (EPF) has incurred the wrath of worker unions in the country. "EPF is a cash rich entity. There is something wrong if there are no reasonable and acceptable dividends being paid out to workers," said National Union of Bank Employees (NUBE) secretary-general J.Solomon. "This has been going on for years.... where money from EPF have been used to fund government projects and to bail out ailing companies which later rake in huge profits with CEO and managements enjoying fat bonuses of between 20 to 30 months," he said. "But what about the poor workers in the private sector whose money were used for these bailouts, what are they getting?" he asked, adding that their civil service counterparts are getting a better deal with Cost of Living Allowances (COLA) and other perks. "We have also, time and agains, questioned EPF's investment decisions in certain companies. Th...
Read more

Stop manipulating the electoral list, EC told

-
Image
We wish to urge the Elections Commission (EC) to stop manipulating the electoral list for the upcoming Hulu Selangor parliamentary by-election. EC knew that why are they being often condemned all these years. Because the EC did not act professionally. Names of voters in the electoral lists all over the nation were often manipulated in order to favour the ruling Umno-led BN federal government, in order for them to maintain their two-thirds majority and to disqualify opposition candidates as well. EC is not accountable to the parliament, because EC has been structured under the jurisdiction of the prime minister's department. So do we see EC as a neutral organization that conducts free and fair elections? When an Umno minister complained that the Malaysian for Free and Fair Election (Mafrel), an independent elections watch group was a tool of Pakatan Rakyat, EC immediately terminated Mafrel's role from its list of NGO-based election watch groups. If Mafrel is a Pakatan's tool...
Read more