Turbine Light Illuminates Highways With Wind

turbines, highway lights, greener gadgets competition, tak

As more and more people across the world adopt cars as their primary mode of transportation, well-lit highways become increasingly important. But how can we sustainably power all those energy-sucking lights? TAK Studio addressed that question in their entry into this year’s Greener Gadgets competition to find the green technology solution of the future. Dubbed the Turbine Light, their design aims to illuminate our roadways using the power of the wind.


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Hotel China Town Inn (**) on Wed Feb 17, 2010 for €12.24

Economy Fan Ensuite. Excluding breakfast. Hotel ChinaTown Inn, with 4 different room types, is a highly rated budget hotel ideally located in the heart of Kuala Lumpur's Chinatown. This 2-star hotel offers cost-conscious travellers international standard accommodation and services at affordable prices. At the Hotel Inn, you are surrounded by an open air shopping paradise with a myriad of side-walk eateries and shop corners. Hotel ChinaTown Inn offers attractively furnished rooms which are fairly roomy and quiet with air-conditioning, carpet flooring and an attached bathroom. The Hotel is highly recommended in the Lonely Planet Travel Guide Book (Issue 2001) for "Far better value, and thoroughly recommended, with spotless hotel-quality rooms.

Hotel China Town Inn (**) on various dates for €11.01

Economy Fan Ensuite. Excluding breakfast. Hotel ChinaTown Inn, with 4 different room types, is a highly rated budget hotel ideally located in the heart of Kuala Lumpur's Chinatown. This 2-star hotel offers cost-conscious travellers international standard accommodation and services at affordable prices. At the Hotel Inn, you are surrounded by an open air shopping paradise with a myriad of side-walk eateries and shop corners. Hotel ChinaTown Inn offers attractively furnished rooms which are fairly roomy and quiet with air-conditioning, carpet flooring and an attached bathroom. The Hotel is highly recommended in the Lonely Planet Travel Guide Book (Issue 2001) for "Far better value, and thoroughly recommended, with spotless hotel-quality rooms.

2010 Greener Gadgets Competition Designs Unveiled!

sustainable design, green design, 2010 greener gadgets design competition, sustainable technology, clean tech, alternative energy, greener gadgets conference

Heads up gadget geeks!

Want to catch a glimpse into the future of green technology? Then check out the freshly unveiled finalists in the Greener Gadgets Design Competition! These 18 designs offer smart green solutions that range from creating energy-efficient households to supercharging our freeways with renewable power to rocking our way to clean energy. Don’t miss your chance to vote for your favorite – it could very well be the answer to unlocking a greener future!

The winners will receive $5000 dollars in prizes, so cast your vote today and don’t miss out on the exciting live judging which will take place at the Greener Gadgets Conference in New York on February 25th!

VOTE FOR YOUR FAVORITE GREENER GADGET HERE >


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Fountain View director, ex-remisier fined

THE Kuala Lumpur Sessions Court today convicted Datuk Chin Chan Leong and Hiew Yoke Lan for their involvement in the manipulation of Fountain View Development Bhd shares. In a statement, the Securities Commission (SC) said this was the second conviction for market manipulation which it has successfully prosecuted. The SC said Chin, 57, a former director of Fountain View, pleaded guilty to the offence under section 84(1) of the Securities Industry Act 1983 (SIA). It said Chin created a misleading appearance of active trading of Fountain View shares on Kuala Lumpur Stock Exchange (now known as Bursa Malaysia Securities Bhd) through at least 20 Central Depository System (CDS) accounts which were beneficially owned by him through the companies that he controlled. The SC said Hiew, 48, a former remisier, also pleaded guilty to abetting Chin in the above offence, thereby committed an offence under section 84(1) read together with section 122C(c) of the SIA. "Hiew was responsible for executing and relaying orders for the sale and purchase of the shares during the material time to various stockbroking firms. "The offences were committed between Nov 18, 2003 and Jan 20, 2004," it said. Chin was fined RM1.3 million (in default 13 months' imprisonment) as well as a one-day imprisonment under section 88B of the same Act while Hiew was fined RM1 million (in default 10 months' imprisonment), it said. The SC said it has been proactively pursuing this and other market misconduct cases (such as manipulation, market rigging and insider trading) because such activities severely undermined investor confidence and tarnished the reputation of the Malaysian capital market. "The SC will continue to be vigilant and take whatever action necessary to protect investors and to maintain a fair and orderly capital market," it said. - BERNAMA

Mediglove unit in Indonesian oil palm JV

MEDIGLOVE Sdn Bhd's wholly-owned subsidiary, Sanggau Holdings Pte Ltd, has entered into a joint-venture agreement with Palma Citra Investama Pte Ltd and PT Sawit Mandira to develop an oil palm plantation in Indonesia. The joint venture would be undertaken by PT Surya Agro Palma. Mediglove is a wholly-owned subsidiary of Genting Plantations Bhd. Financing for the joint venture will be from internally-generated funds or external borrowings of Genting Plantations. The joint venture is expected to be completed by Dec 31, 2012. -- BERNAMA

Global markets rout hits Asia

HONG KONG: Mounting fears about tattered government finances in Europe drove the euro down and hammered stock markets across Asia on Friday following New York's worst finish since November. The European currency sank to an eight-month low with risk-averse investors bolting for the safe-haven dollar, despite concern that US jobs data out later in the day would flag enduring weakness in the world's largest economy. "What we're seeing is a wave of panic selling," said Francis Lun, general manager of Fulbright Securities in Hong Kong, where the Hang Seng index tumbled below the key 20,000 level in early trade for the first time in five months. The euro dropped to US$1.3670 at one point in Tokyo, the lowest level since late May 2009. In Tokyo afternoon trade it stood at US$1.3707, from US$1.3726 in New York late on Thursday. It was hovering around US$1.3650 in London early on. "European debt concerns have strengthened the US dollar and this has stoked concerns that... risk aversion may heighten further," Min Sang-Il of E*Trade Securities in South Korea told Dow Jones Newswires. The Hang Seng ended 3.33 per cent, or 676.56 points, lower at 19,665.08. "With the sell-off on Wall Street, traders should enter today's market with a good crash helmet," CIMB analysts in Singapore said. Tokyo plummeted 2.89 per cent, or 298.89 points, to end at 10,057.09. The Nikkei's dive came despite a 1.06 per cent rise in Toyota shares after the recall-plagued carmaker lifted its earnings forecast. Seoul ended 3.05 per cent, or 49.30 points, down at 1,567.12. In Australia, the SandP/ASX200 plunged 2.32 per cent to end at 4,514.3. Miner BHP Billiton fell 3.5 per cent to A$39.55 and ANZ Bank was down 2.4 per cent at 20.90. The European currency was hit by increased fears that crisis-hit EU members such as Spain and Portugal could face the same troubles as debt-ridden Greece. It was also weighed by the European Central Bank's decision to maintain record-low interest rates. "A spike in risk aversion following renewed concerns about the health of European sovereigns saw equity markets pummelled," NAB Capital analysts wrote in a note to clients. Stocks in Spain and Portugal were hammered, while London's benchmark FTSE 100 index plunged 2.17 per cent to close at 5,139.31 points. Markets across Europe all opened lower on Friday, with Spain and Portugal hardest-hit. "It's very bad sentiment for the euro, it's a sell-off for the euro definitely," said Lee Sue Ann, a treasury economist with Singapore's United Overseas Bank. And Ben Potter, IG Markets strategist in Australia, said: "It seems the problems in Europe are only deepening." The shockwaves across Asia came after Wall Street's Dow Jones index dived 2.61 per cent to end at 10,002.18, its lowest since November, after a brief dip below 10,000. In advance of Friday's Labor Department survey of non-farm payrolls, weak data on US jobless claims combined with heightened fears of debt problems in European Union countries to drive investors away from equities. Shanghai ended 1.87 per cent, or 55.91 points, at 2,939.40. Banks led the decline after recent moves by Chinese authorities to rein in lending, while miners were also down with lower commodity prices worldwide. and#8212; Taipei tumbled 4.30 per cent, or 324.21 points, to 7,217.83. Cathay Financial fell 6.39 percent to NT$49.80 and Prince Housing shed 6.59 percent to 12.75. Taiwan Semiconductor Manufacturing Co fell 3.21 per cent to 57.20 and United Microelectronics Corp lost 4.85 per cent to 15.70. and#8212; Jakarta lost 2.86 percent, or 74.25 points, to 2,518.97. Coal miner Indo Tambangraya Megah plunged 6.1 per cent to 30,100 rupiah, while rival Bumi Resources shed 4.9 per cent to 2,425 rupiah. and#8212; Kuala Lumpur 1.35 per cent, or 17.13 points, to 1,247.90. Leading bank CIMB was down 2.2 per cent to RM12.42 while builder IJM lost 5.70 per cent to RM4.31. and#8212; Wellington ended 1.40, or 43.95 points, down at 3,104.99. Fletcher Building closed down 2.3 per cent at NZ$7.52, Telecom lost 4.1 per cent to NZ$2.31 and Contact Energy fell 0.5 per cent to NZ$5.81. and#8212; Manila shed 2.03 per cent, or 59.23 points, to close at 2,855.64. Philippine Long Distance Telephone was off 1.7 per cent at 2,535 pesos and Ayala Land was off 2.4 per cent at 10.25. and#8212; Bangkok lost 11.11 points or 1.58 per cent to close at 691.41. Banpu fell 18.00 baht to 540.00 baht and PTT Plc dropped 4.00 baht to 218.00 baht. and#8212; Mumbai fell 2.68 per cent, or 434.02 points, to 15,790.93, a three-month low. Aluminium producer Hindalco fell 5.51 per cent to 138.1 rupees and Tata Steel tumbled 4.65 per cent to 550.45. -- AFP

RM500 million Aeon Melaka now open

MELAKA'S biggest shopping centre, the RM500 million AEON Bandaraya Melaka, opened its doors today. The soft opening was officiated by Chief Minister Datuk Seri Mohd Ali Rustam. The shopping complex, spread over approximately 126,162 sq m (1,358,000 sq ft), was originally scheduled for opening on Dec 17 last year. The opening was rescheduled due to a gas explosion mishap at its food court area, three days before the opening, which killed two workers and injured 20 others. AEON Co (M) Bhd has since taken the necessary measures to upgrade work at the affected food court section and this is due for completion by next month. "We are ready to commence business by providing shopping comfort and convenience," the company said a media statement. Its Chairman, Datuk Abdullah Mohd Yusof, has targeted an annual turnover of between RM150 million to RM200 million for the shopping complex. Meanwhile, Mohd Ali said AEON Bandaraya Melaka would help boost the number of tourists to the historical city, which recorded more than eight million visitors last year. "With AEON Bandaraya, it is hoped visitors will spend more time, including their nights here, just to do shop," he added. The complex has ample parking space with over 2,200 bays. Free parking is available from today until March 7. - BERNAMA

Malaysia Airports wins two awards

MALAYSIA AIRPORTS swooped two accolades in the 2010 Frost and Sullivan Asia Pacific Aerospace and Defence Awards when it received the Airport Investment Company of the Year and Asia Pacific Airport of the Year (Above 15 Million Annual Passengers) awards. Malaysia Airports was the recipient of Airport Investment Company of the Year while KL International Airport (KLIA) received the Asia Pacific Airport of the Year (Above 15 Million Annual Passengers). Duk Abdul Hamid Mohd Ali, Chief Operating Officer of Malaysia Airports, received the award at a ceremony in Singapore. "Malaysia Airports is very delighted to receive these first two awards in 2010, and certainly this will spur us to scale greater heights. The award signifies that that we have performed well last year despite the adverse economic situation, which impacted the aviation industry all over the world," he said in his speech. Bernama

MARC downgrades DutaLand RULS

MALAYSIAN RATING CORPORATION BHD has downgraded the rating of DutaLand Bhd's outstanding RM50.666 million Redeemable Unsecured Loan Stocks (RULS) to B from BB-. The outlook on the rating is posted as negative. - BERNAMA
 
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