Crowdfunding is slowly gaining credibility, helped entrepreneurs achieve their dreams

This alternative source of funding has helped many entrepreneurs achieve their dreams.

Ng (right) handing over a mock cheque to Jamaliatul Shahriah bt Jamaluddin, the project creator for YAKEEN Honey Booster after a successful round of funding on the platform.

CROWDFUNDING has gained a strong following as an alternative funding option over the past few years. Small businesses that have not been able to secure conventional financing are looking more and more towards the practice as a source of financing.

However, the level of awareness and interest in crowdfunding in Malaysia is still at its infancy stage, noted Fundaztic.com chief executive officer Kristine Ng.

“Maybe about one in 20 people have heard of the concept and understand exactly how it works. There are currently just a handful of noted platforms in the market. Some local companies try to raise funds on international platforms such as Indiegogo.com.

“There is still a lot more which local players need to do to gain the credibility and recognition to grow further. And having the support from the local community would be a great boost for us,” she said.

Fundaztic, which rolled out in June this year, is among the handful of local crowdfunding players in the market. The platform was founded by a group of ex-bankers and a lawyer who have been following the development of financial technology (FinTech).

The potential of crowdfunding as an alternative funding platform is huge, said Ng, because access to funds has always been an issue, especially for new businesses and new business sectors that are viable but yet to have proven track-records.

Furthermore, Malaysians tend to be generally cautious when it comes to adopting new technology. Additionally, having to overcome the hurdle of building confidence in the credibility of the platforms would take a lot of time and effort for crowdfunding to be a significant part of the funding scene here.

Fundaztic has listed eight projects on its platform so far, with four projects currently in active funding stage.

But crowdfunding has taken the world by storm in the western countries and established strong platforms such as Kickstarter.com and Indiegogo.com that have helped many entrepreneurs bring their dreams and aspirations to life. Reports have even noted the possibility that the crowdfunding industry could account for more funding than venture capital (VC) in 2016.

A recent report by Massolution said global crowdfunding is set to raise US$34.4bil for 2015. In comparison, the VC industry invests an average of US$30bil each year.

“We truly believe that crowdfunding is a proven platform for like-minded people to support each other, and epitomises the meaning of ‘people power’ in an extremely positive manner,” Ng said. Fundaztic has listed eight projects on its platform so far, with four projects currently in active funding stage.

“We are happy that two of the projects are over-funded and have helped the project creators, who are both women and homegrown entrepreneurs, to grow their business in a risk free manner.

“This is the strongest benefit of crowdfunding. Entrepreneurs can leverage on the platform to gauge the level of public acceptance and support towards their products before having to splash out the funds on their own to commercialise a product or to stock up on inventory,” said Ng.

Funding on Fundaztic is through the concept of cornerstone funding whereby projects that are not able to meet its funding goal but have managed to generate at least 80% of the required funding, can get a maximum of 20% of the required funds from Fundaztic itself.

“Because we truly want all projects to be successful, we would be more than willing to hand-hold in the curation of the project so that the message will sink in well with the local community and thus, enjoy a higher degree of success,” Ng concluded. - The Starbiz

Entrepreneurs Slow to Market Via Equity Crowdfunding Platforms



Brian Gallagher, CEO of United Way Worldwide, talks about the rise of Giving Tuesday and the latest trend in charitable

Equity crowdfunding platforms are providing a new and innovative way to  raise money from angel investors that centralizes, streamlines, simplifies and shortens the fundraising process. Equity crowdfunding pools money from a group of investors via internet platforms, using social media and other types of marketing.

You might be surprised to learn that entrepreneurs, who are known for innovating in their products and services, are not innovating when it comes to the way they raise money. And  angel investors, who put money into innovations, are not innovating in the way they invest. Few entrepreneurs are marketing their securities offerings to angels online via crowdfunding.

That’s unfortunate, since angel investors provide about half as much financing as venture capitalists: $24 billion compared to $48 billion, according to the Center for Venture Research and MoneyTree, respectively. Angels, defined here as accredited investors who earn $200,000 annually (or $300,000 as a couple), or have a net worth, excluding their homes, in excess of $1 million, are more likely than VCs to focus on  seed and early-stage companies.

The State of Private Companies Publicly Raising Financing

This new public-facing financing method became possible on September 23, 2013, when the SEC put into effect the rules and regulations that allow private companies to advertise their securities offerings to angel investors. Previously, public solicitation was prohibited. Entrepreneurs now can market their securities offerings through websites such as AngelList, CircleUp, Crowdfunder and Portfolia.

Yet surprisingly few companies choose to seek funding publicly. Last year, 382,000 companies sought to raise money from angels in the real world. Fewer than 100 companies were added to those already trying to do so in the online world between January 1 and June 30, 2015, according to Crowdnetic, which aggregates data from 18 equity crowdfunding platforms.

The reality is that concerns about a new way of doing business often hold back adoption. I tackle these concerns in 6 Common Misconceptions About Equity Crowdfunding. The good news is that entrepreneurs who are embracing public-facing financing are blazing the trail, and best practices are emerging. I’ve written about some of those practices in How to Ensure a Successful Crowdfunding Campaign and in Stand Out In the Crowd: How Women (and Men) Benefit From Equity Crowdfunding

Women Entrepreneurs and Equity Crowdfunding: A Gap and Great Potential

Raising money via equity crowdfunding platforms has the potential to level the playing field for anyone raising money, but its impact may be greatest on underrepresented groups—such as women—who lag even further in taking advantage of this new approach. Women entrepreneurs are twice as likely to seek money offline from angels (36%) than publicly online (18%), according to the Center for Venture Research and Crowdnetic.

The average amount raised via crowdfunding is rising for companies in general ($412,000 as of the end of 2014 to $432,000 as of June 30, 2015) and falling for women-led companies ($331,000 as of the end of 2014 to $323,000 as of June 30, 2015).

This gap highlights tremendous potential. “The Kauffman Foundation reports that women build capital-efficient companies, generating 12% more revenue on one third less capital,” according to Kay Koplovitz, chairman and co-founder of Springboard Enterprises, an accelerator for women-led businesses in technology, media and life sciences. “[Think] how much more productive they could be if they raised capital on a par with men!”

Types of Securities Used

You may wonder what types of securities other entrepreneurs use when raising money. A majority (58%) issue stock as their method of financing. Nearly one third of entrepreneurs choose  convertible note, which allows them not to set an equity valuation at the time of the investment or to simply pay back the money within a set period of time prior to taking in permanent equity capital.

There are other financing structure options, such as revenue sharing or royalty agreements, but these are far less likely to be used. Depending on your long-term goal for the company, a securities lawyer can  advise you on which is the right form for you..

Top Locations for Equity Crowdfunding

It’s no surprise that the top location for equity crowdfunding activity and deals is the San Francisco/Silicon Valley area, both for entrepreneurs in general and for women-led companies in particular.

Over the past few decades, this area has developed a strong culture of entrepreneurship. It takes a village to build a growth company and to provide the ancillary support that makes growth possible. San Francisco/Silicon Valley has a long tradition of assisting high-potential entrepreneurs, not just with capital but with expertise and connections to customers, talent and vendors.

New York City is in second place. Worth noting are the high performance of relatively small cities such as Austin and Las Vegas, which rank among the top ten cities for raising money publicly online.

Other Signs That Equity Crowdfunding Is Gaining Credibility

Venture capitalists recognize the potential of crowdfunding and have invested in these platforms to the tune of $250 million in 2014, according to Massolution’s 2015CF Crowdfunding Industry Report. Big-name companies such as Coca-Cola, Nike, General Mills and Chrysler use crowdfunding platforms not to raise money but to gain insights into consumers.

Source: http://quickbooks.intuit.com/


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Real estate crowdfunding in Malaysia

Penang Forum concerns over hill clearing and floods; the Declaration & Recommendation

Under fire over hill slope developments

Penangites upset with approval of high-rises on slopes...

GEORGE TOWN: The Penang government has come under fire for the clearing of hills and high number of high-rise buildings approved on slopes above the permitted 76m and 25-degree gradient.

Environmentalist and scientist Dr Kam Suan Pheng claimed that massive hill clearing from 2008 to 2015 at Pantai Acheh and Teluk Bahang endangered the lush hills at the Penang National Park boundary where the Teluk Bahang Dam is situated.

She also said the state government claims to listen to the people but went ahead and redesignated Bukit Relau, infamously known as Botak Hill, as a residential zone in 2012 amidst massive protest against the development of the hill.

She also decried the big number of projects approved on slopes above 76m and 25-degree gradient when the Penang Structure Plan clearly stated that there could be no development on such slopes.

Dr Kam was delivering a talk titled, ‘What is happening to our hills’ at the Save The Hills of Penang public forum at Dewan Sri Pinang here yesterday.

A handout distributed to the 300-odd participants of the event claimed that 30 blocks of high-rise buildings were approved on such slopes in Paya Terubong, 15 blocks in Bayan Lepas, 14 blocks in the Tanjung Bungah/Batu Ferringhi belt and nine blocks in Teluk Kumbar/Balik Pulau.

Universiti Sains Malaysia deputy vice-chancellor Dr Sharom Ahmat said hill development above 76m could be approved under ‘special projects’ if it benefits the masses but added that “bungalows costing RM4mil to RM5mil are barely for the people.”

In his talk titled, ‘Why are we here today?’, he claimed that public hearings seemed to be more of a formality as decisions were made before such hearings.

Environmentalist and engineer K.K. Lim, in his presentation ‘Are our hills protected by the government’, said the rampant development on the hills could see a repeat of the Highland Towers tragedy in 1993.

He said soil erosion due to rain and the lack of water retention because of hill clearing could bring a major disaster in the event of a landslide.

In her talk ‘Hill Offenders: Fine? Jail? Nothing?’, lawyer Datuk Agatha Foo said the RM500,000 and RM50,000 fines for violations under the Town and Country Planning Act and State Drainage and Building Act respectively were not a deterrent.

“It is merely a slap on the wrist,” she said, claiming that developers pay the fine as part of their development expenditure.

A declaration was made at the end of the half-day forum. It among others, urged the state government to comply with its own policy of prohibiting development on hill land above 76m or greater than 25-degree gradient and not to include ordinary residential buildings as special projects.

It also called upon the state government and Penang Island City Council to prosecute violators to the full extent of the law, including imposing jail sentences and to blacklist all offenders for future development projects.

Two PKR elected representatives were among those who attended the event organised by the Penang Forum which is a loose coalition of public-interest civil society groups. They were Bayan Baru MP Sim Tze Tzin and Batu Uban assemblyman Dr T. Jayabalan.

By Sekaran The Star

Forum Declaration & Recommendation:

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 Penang has confirmed the illegal hill clearing cases reported by Penang Forum

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Save Penang Hill from the greedy

Uphill battle: A hiker passing by a vegetable farm on Penang Hill overlooking Air Itam. penangforum.net Treasured heritage seems t...

• 

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   Errant hill clearing by developers causes of floods, sinkholes, seepages damaged houses!
  

  • Errant hill clearing by developers causes of flood, sinkholes, seepages, damaged houses.

Cars are more expensive than houses? A house can buy how many cars?

IN about 3 weeks' time, we will be celebrating the New Year.

Each New Year comes with new resolutions and new goals. Some would plan to own big ticket items such as a house or a car as part of their resolution. If your plan is to own a new car, finish reading this article before nailing down that resolution.

Owning a car in Malaysia is expensive. In one of my previous articles, I highlighted that Malaysia was ranked second in the world where owning a car is expensive.

But what many do not know is by how much, relative to homes. Yes, homes in Malaysia are expensive too, but relative to Australian homes and cars, our cars are 10 times more expensive than those sold in Australia compared to homes. Let's do some simple math together.

Khazanah Research Institute (KRI) reported that the median house price in Malaysia is about RM250,000. This is the cost of two Honda Civics (priced at RM110,000 per car).

In Australia, the median house price is A$660,000, while a Honda Civic costs about A$30,000. This means, a median-priced Australian house of A$660,000 can buy 22 Honda Civics, versus a median-priced Malaysian house of RM250,000 which can only buy two cars of the same model. Yes, our homes may not be cheap but our cars are more expensive in comparison.

I further compared Malaysia against the United States and United Kingdom. A median-priced house in US and UK can buy 12 and 16 Honda Civics respectively, which is still more affordable compared to the two which can be bought with a median-priced Malaysian house.

The story does not end here. In addition to the cost of purchasing a car, there are many other financial commitments that comes along with owning a car. These include petrol, parking, toll charges, maintenance, and repair costs. Then, there is the cost of depreciation which ranges from 10 per cent to 20 per cent per year. It does not help that most of these supplementary expenses are frequently being increased. Our cars are indeed costing us a lot.

It is undeniable that a car is a necessity to those who have limited access to public transportation. Until our public transportation system is good enough, people will still need private vehicles to move from one place to another.

Unfortunately our cars are so expensive that the rakyat, especially the younger generation, are forced to put off buying a home until they can afford it. In the meantime, that "wait" causes house prices to appreciate, thus making it even more unaffordable for these people to own a home. This vicious cycle will continue until the government has a permanent solution to address both public transportation and affordable housing.

Perhaps, it is also timely to revisit the rationale behind our National Car Project which was introduced in 1982 to bring a higher level of industrialisation in Malaysia. Since its inception, the price of national and non-national cars have progressively increased through increase in car taxes and excise duties.

The price of non-national cars in Malaysia generally cost 50 per cent to 100 per cent more than the price of the similar make of car in other countries. On the other hand, one of my managers came back from his Aussie trip and shared that a Proton Preve in Australia is RM11,000 cheaper than one that is acquired in Malaysia.

Originally, the National Car Project was a form of protectionism for the national car industry. After more than 30 years since its inception, it has now become a burden to the rakyat, by eating more and more into our disposable income. The National Car Project has served its original purpose, and it is time that we review it.

So now, instead of jotting down my resolution, my wish list for 2016 is for the Government to rationalise and reduce the taxes imposed on cars. This will put more money back into the rakyat's pockets to start their home ownership journey much earlier. Concurrently, the Government can continue to channel and reinvest some of these funds to build a comprehensive and effective public transportation system in Malaysia which will greatly reduce the rakyat's dependency on private vehicles.

And for those who still wish to buy a car, think twice as owning a car is too expensive and unaffordable - it may also cost you your home.

By Datuk Alan Tong Food for Thought

Food for thought  By DATUK ALAN TONG

> FIABCI Asia Pacific chairman Datuk Alan Tong has over 50 years of experience in property development. He was FIABCI World president in 2005/06 and was named Property Man of The Year 2010. He is also the group chairman of Bukit Kiara Properties. (email atfeedback@bukitkiara.com) 


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Save Penang Hill from the greedy

Uphill battle: A hiker passing by a vegetable farm on Penang Hill overlooking Air Itam.

penangforum.net

Treasured heritage seems to be losing its charm to illegal farms and development

THE stall at the Air Itam market in Penang is said to offer the best asam laksa in Malaysia.

Rain or shine, it pulls in the crowd.

The ingredients for the dish such as ginger bud (bunga kantan), mint leaves (daun pudina), laksa leaves (daun kesum) and kalamansi limes (limau kasturi) come from Penang Hill, which is less than 200m away.

Farmers who cultivate the land at the hillslope sell their produce at the wet markets on the island.

The fertile hillslope from Air Itam to Paya Terubong is cultivated with vegetables and fruits.

Demand for the produce is so great that farmers are illegally clearing the hillslope to expand their farms.

About 2km from the market along Jalan Paya Terubong, there is a trail leading to a hillslope.

Lately, hikers and mountain bike enthusiasts have been using the trail to reach the 135-year-old Cheng Kon Tse Temple, nestled on the slope of the hill.

Travellers can see vegetable farms and fruit trees on both sides of the trail.

There are nutmeg trees, kalamansi lime trees, papaya and banana trees.

The vegetables include lemon grass, lady fingers and sweet potato.

As one continues walking up, a large swathe of hillslope which had been cleared near the telecommunication towers comes into view.

The bald patch can be seen from the Paya Terubong road below.

The slopes on Penang Hill have been cleared by farmers over the past few decades.

Such illegal hillslope clearing has been raised by environmental groups but there has been no firm action from the authorities.

A former Penang Island City Councillor claimed that he had provided pictures of the clearings to state leaders and that he had also raised the matter with the Consumers Association of Penang and Malaysian Nature Society.

“The press should continue to highlight the issue so that something is done finally,” said the former councillor who did not want to be identified for fear that the farmers might go after him.

“Penang Hill is our heritage. But no one seems to bother,” he said.

Besides Penang Hill, bald patches are also appearing on hills in several parts of the island.

Bukit Relau in Jalan Bukit Gambier has been dubbed “botak hill”.

There is also hill clearance in Bukit Kukus in Paya Terubong and Bukit Laksamana, a water catchment for the Teluk Bahang Dam.

More and more hillslopes are going bald because of developers and contractors who cleared the land without the authorities’ approval.

The clearings are done on weekends and smoke can be seen from far when the trees are burnt.

A large swathe of land has also been cleared at a place referred by hikers as level 45 station.

It should not be difficult to nab the culprits since there are cemented trails all over the hillslopes in Air Itam and Paya Terubong.

When The Star reported on Feb 14 last year that more bald spots could be seen, a state exco member said they had pictures of the illegal activity and that action would be taken against the culprits but till now, no one knows what the action is.

It is troubling that all this is happening under a state government which emphasises on Competency, Accountability and Transparency.

Penang Hill seems to be losing its charm.

Yet, the state government seems to be focused on mega projects and land reclamation.

At a state assembly sitting last month, Chief Minister Lim Guan Eng said the Penang Island City Council was using drones to check on illegal hill clearing and CCTVs would be installed next year to monitor illegal earthworks.

The spate of hill clearings has prompted the Penang Forum, a coalition of public interest NGOs, to hold a forum on Save the Hills of Penang tomorrow.

Hopefully, the outcome from the event will reach the right ears.

There is a compelling need to save the hills from greedy farmers and developers.

Comment by K. Suthakdar

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Errant hill clearing by developers causes of floods, sinkholes, seepages damaged houses!

• Errant hill clearing by developers causes of flood, sinkholes, seepages, damaged houses.

World Internet Conference to be held Dec 16~18 2015 Wuzhen China

Chinese President Xi Jinping will attend the upcoming Second World Internet Conference (WIC) in the river town of Wuzhen in east China's Zhejiang Province, an official announced on Wednesday.

Xi is expected to deliver a keynote speech at the opening ceremony of the conference, which is scheduled to be held between Dec. 16 and 18, said Lu Wei, minister in charge of the Cyberspace Administration of China (CAC), at a press conference.

More than 2,000 attendees from over 120 countries and regions will participate in the conference, with foreign guests accounting for roughly half, Lu said.

Conference participants include representatives of governments, international organizations, Internet companies, academics, experts, think tanks and foreign and domestic college students.

The representatives also include the prime ministers of Russia, Pakistan, Kazakhstan, Kyrgyzstan and Tajikistan, as well as senior officials from the United Nations, Internet Corporation for Assigned Names and Numbers, Apple, Microsoft, Nokia, Lenovo, Alibaba, Baidu and Tencent.

The conference will cover 22 topics, including Internet cultural transmission, Internet innovation and development, digital economy cooperation, Internet technology standards and cyber space management.

Ten sub-forums will be held during the conference on topics such as the "Internet Plus" strategy, digital China and Internet innovation.

An expo and more than 80 press conferences will be held during the second WIC, showcasing cutting-edge technology and the latest achievements from about 260 enterprises from all over the world.

Local officials from Zhejiang Province praised the changes the WIC has brought to Wuzhen and provincial economic development. They vowed to provide high-quality services for the conference.

Lu also defended the CAC's role in Internet management when responding to questions about access to some foreign websites, saying their business activities should abide by China's laws and regulations.

"China adheres to reform and opening up to the outside world," said Lu, adding that "for those foreign firms that want to enter China, there is a basic rule: they must abide by Chinese laws and regulations."

Lu proposed joint efforts to build a "peaceful, safe and transparent" Internet for the welfare of people worldwide.

Guo Weimin, deputy head of the State Council Information Office (SCIO), said the SCIO will provide on-the-spot press release service during the second WIC.

The conference will be co-hosted by the CAC and Zhejiang provincial government.

The first WIC was held in Wuzhen in November last year.

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Being constantly connected online has bad consequences: harming memory, make you stupid

How much is too much?: Studies have found that Internet is harming our memory, especially short-term or working memory

How Smart Phones Make You Stupid - Consumer Association of Penang (CAP)

Being constantly connected to the digital world has its consequences - setting the rules with social media

In order to have a more harmonious marriage, H and I have decided that we need some rules.

Recently, we came up with Rule No. 1: You can only repeat something once.

It’s been really helpful in keeping the nagging level of our marriage down. In the past, we would nag at each other quite a bit.

It has worked so well, we thought we should introduce more rules.

A few weeks back, he suggested Rule No. 2: No Googling and checking of e-mail at the dining table and just before we sleep.

I baulked.

What a ridiculous rule, I said. It’ll be impossible for me to agree to it and it’s not fair because it’s targeted at me.

How can I not be checking my e-mail all the time, I continued. I am a journalist. I must know what’s happening and I must be contactable 24/7. What if a story breaks? I need to know at once. I was, of course, exaggerating my own importance.

The world and the newsroom chug along just fine whether or not I am online. My bosses don’t expect me to be constantly connected (I think).

I was using work as an excuse. An excuse for an affliction I am finally coming around to acknowledging, but which H has noticed for some time: I have an addiction.

I have an addiction to Googling, to my smartphone, to my iPad, to being connected to the digital world.

My phone follows me everywhere I go. I sleep with it inches away from my pillow and my nights (as well as his) are punctuated with beeps, blips and pings from the many message notifications streaming in.

I check my phone goodness knows how many times a day, to look at my e-mail, WhatsApp, Telegram, Twitter, Facebook, Vine, Instagram and a few other apps.

When I’m at the cinema, I’m one of those irritating people whose phone screen lights up during a movie because I’m checking it.

I literally break out in a cold sweat when I misplace my phone.

At home, I walk around not only with my phone, but also my tablet.

I am addicted to Googling on my iPad. I can spend an entire day in bed just Googling (oh, bliss). Sometimes, when the Wi-Fi speed is acting up, I Google on both my phone and tablet at the same time, just in case one gets to the information I want quicker.

“You’re addicted,” H says.

“I’m not,” I say. “It’s my job. I am not addicted. I know when to stop.”

To prove my point, I went onto Google (of course) to try out some are-you-an-Internet-addict tests.

The most helpful article I came across was in Yahoo by Dr James Roberts, a professor of marketing at Baylor University in Texas in the United States.

He explained that anything that can produce pleasure in our brain has the potential of becoming addictive and what makes something an addiction is when we lose control.

Research, he said, has identified “six signs” of any type of substance or behavioural addiction.

These signs relate to issues connected to salience, mood modification, tolerance, withdrawal, conflict and relapse. I have a problem. But the situation isn’t that dire, I’d like to think.

Still, I shouldn’t be complacent. It can’t be pleasant living with someone who doesn’t give you her full attention because her nose is always stuck in a screen. It is also rude.

At work, I have got into the bad habit of not looking at colleagues I’m talking to because I’m also typing away on my phone or computer.

At meetings when I’m just the slightest bit bored, I find it hard to resist reaching for my phone and checking my e-mail, which is impolite to the person who’s speaking.

My attachment to my devices can be dangerous – I walk and text a lot. The intense and constant staring at screens is causing eye strain.

Studies have also found that the Internet is harming our memory, especially short-term or working memory.

Information overload and distractions – hallmarks of Internet surfing – make it harder to retain information in our brains.

When we know a digital device holds information for us, we are also less likely to remember it ourselves. It has been years since I memorised anyone’s telephone number. I’m not even sure I can do it now.

Having so much information at my fingertips has made my brain lazy and mushy.Google makes you feel clever when you really aren’t.

Also, while social media like Facebook have been praised for bringing people closer, they can in fact isolate us when we use them in place of face-to-face interactions.

As for H and me, I think I should agree to some version of Rule No. 2 if I want a happier marriage.

Totally no Googling and checking of e-mail at the dining table and just before we sleep might not be doable.

But I can live with “less” Googling and checking of e-mail. One step at a time

By Sumiko Tan The Straits Times/Asia News Network

Nabbed Briton in Malaysia among five terror suspects, married 12 times

KUALA LUMPUR: A part-time English teacher from Britain who fought as an al-Qaeda militant in Afghanistan and Bosnia, is among the latest group of five men arrested for being involved in Islamic State (IS) and other terror groups.

Bukit Aman Special Branch Counter Terrorism Division nabbed the 44-year-old Briton together with a 25-year-old Bangladeshi, a 29-year-old Nigerian, a 31-year-old Indonesian and a 59-year-old Malaysian, who is also a Rela member, in a series of raids in Selangor, Kelantan, Johor and here between Nov 16 and Dec 1.

Inspector-General of Police Tan Sri Khalid Abu Bakar said the British national, a Muslim convert who had been under surveillance for some time, was arrested in Jalan Duta on Nov 16.

“He fought in Afghanistan and Bosnia after joining al-Qaeda. He was working as a part-time English teacher in Penang and we have been monitoring him closely,” the IGP said.

The Nigerian, who had been using his guise as a student in a private college in Petaling Jaya for his terrorism-related activities, was arrested a day later.

Investigators believe that he is actively connected to terror groups in Africa.

Both the Briton and Nigerian have since been deported.

The three other suspects, an Indonesian, a Bangladeshi and a Malaysian, are believed to have links to the IS.

The Indonesian, identified as the leader of the cell, was nabbed on Dec 1 in Benut, Pontian, where he was working as a mechanic.

The IGP said the man had performed the bai’ah (pledge of loyalty) to IS’ “Caliph” Abu Bakr Al-Baghdadi via Facebook in mid 2014.

“We also believe that he is one of the main persons recruiting and sending trained militants to Syria. We suspect that he has been arranging travels for IS followers in Malaysia and other South-East Asian countries,” he added.

It was learnt that the Indonesian had direct connections with known Malaysian militants, including former “The Ukays” band drummer Akil Zainal.

Akil, a Universiti Teknologi Mara graduate, was among the first batch of Malaysians who went to Syria and publicly declared support for militant groups.

The two other cell members, the Malaysian and the Bangladeshi, were arrested in Kota Baru and Klang respectively.

At a separate event, the IGP said Bukit Aman would always be on the alert with threats from the IS and other terror groups.

“We will not compromise when it comes to security. Every action will be taken to prevent bad things from happening in this country,” he said.

The IGP said terror groups, including the IS would not be allowed to gain a foothold in Malaysia, he added.

Asked whether any of the suspects had been planning to launch attacks in Malaysia, he said that was their main agenda.

Nabbed Terrorist Married 12 Times

KUALA LUMPUR: The British national nabbed along with four others for involvement in terrorism activities has a reputation of being a Casanova besides his militant tendencies.

The man has so far married 12 women, including five from Malaysia.

His other past and present wives are from the United Kingdom, Bosnia, Germany, Philippines and Indonesia.

“You could call him a Casanova terrorist,” a source told The Star.

“We have not come across a terrorist who has married so many women. He has been busy on the terror front but his love life is interesting as well.”

Apparently, his modus operandi has been to marry the women and divorce them after a few years.

“He is also suspected of duping the women into marriage for their money,” the source said.

It was learnt that a general manager of a bank was among his former Malaysian wives.

The man, who worked as a part-time English teacher in Penang, had been travelling in and out of Malaysia since 1998.

The authorities suspect that the Briton, who had been interacting with students, could be the head of a sleeper cell for the al-Qaeda in the country.

Source: The Star/Asia News Network

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‘Spin doctors’, public relation gurus in today's political world - an uneasy with online news

Uneasy with the age of spin

The old guard feel uncomfortable with the instant availability of online news and views that might be critical of them or their allies.

UMNO is probably one of the largest political parties in the world relative to the country’s population – with three million members in a country of around 30 million, its members account for almost 10% of the population.

So it came as a surprise that the party’s secretary-general announced that media would not be invited to cover this year’s party general assembly unless they “behaved” themselves.

He has since rescinded this order, but the permanent gripe that the Umno establishment has against some online news portals is that the portals allegedly like to “spin” stories and statements made by senior party-members and ministers, much to the chagrin of the nation’s top leaders.

So what is “spin”?

Spin is a weapon generally employed on a daily basis by politicians, opinion-makers and large corporations with the help of public relations gurus (“spin doctors”) who put out the desired image or message in such a way that the client will be favourably received by the public.

Edward Bernays is called the “father of public relations” for his success at presenting smoking and drinking as acceptable social behaviour in the early part of the 20th century, and he was in fact a spin doctor par excellence who openly talked of manipulating the public mind.

Spin doctoring is readily apparent in the United States political scene where debates are held by competing presidential candidates: both sides will claim victory and their spin doctors will go full throttle to selectively present the respective candidate’s winning points.

It’s also spin if the desired result of the exercise is to paint a negative picture of one’s target; either way, spin is usually associated with deceptive or manipulative tactics, but this is not always the case.

Spin can be disingenuous but not necessarily false: selectively presenting facts and quotes that support one’s position is spin, and it is the same as putting large photographs of certain leaders on the front pages of national newspapers to project a positive image.

Everyone engages in spin – some crudely – while others do so with more finesse, but everyone is actively spinning these days.

My wife’s constant complaint is that Malaysiakini uses a picture of me showing me in an angry mood, gesticulating about something, which she feels does not truly represent my persona.

Here, Malaysiakini could either be unconcerned about how I look (and why should it be?) or it might want to portray me as an angry man without a cause. If it is the latter, then it’s spin.

That said, spin is less effective in the age of the Internet than it was in the old days when a political party had a monopoly over the media. Back then, it was an arduous task for dissenters to make themselves heard, simply because they had no platform to do so.

Now, in the era of social media, the old order feels uncomfortable with the instant availability of online news and views that might be critical of them or their allies.

The old guard do not know how to deal with this new phenomenon, which is why they complain incessantly about the Opposition’s “spin”.

The truth is that every political organisation, large or small, uses spin to maximise its impact on the voting public.

Spin is par for the course in today’s political world and it’s not something we should complain about.

If the level of news reporting and journalistic integrity has stooped too low – if fair reporting has suffered because journalists resort to unethical practices such as plagiarism or manufacturing stories – then the solution would be to set up a Press Council to guarantee that minimum standards of professional excellence are maintained.

News organisations that flout the rules of such a council could be fined, while other measures can be taken to improve news reporting – that is, positive measures – because the unending threats to sue newspapers and online portals for incorrect statements and negative reporting is a waste of the court’s time.

Also, banning newspapers and online media from attending any political assembly is not the answer.

Instead, politicians should learn to be a little thick-skinned: after all, it’s part of the business to be attacked and made fun of, and to be misquoted or selectively quoted in a deceptive way.

If we are going to sue and issue threats every time an opponent opens his or her mouth, no work of serving the people and formulating good policies will ever be done.

Our politicians will be quarrelling and threatening one another for every small mistake, deliberate or otherwise, and if this is allowed to continue, the public will be disenchanted even more by the lack of quality leadership in Malaysia.

A serious change in attitude – a paradigm shift, of sorts – is necessary on the part of our political leaders to avoid this endless bickering and name-calling.

Politicians should learn to regard their opponents as a vital and necessary part of the democratic system that they all claim to uphold, and they should learn to live in harmony with one another as far as possible so that real work can get done.

There is no point taking the hard line over trivialities unless we want to dispense with democracy altogether: running a democracy is never as easy or comfortable as ruling with an iron fist.

It’s so much easier to rule North Korea or Saudi Arabia if you are the top dog there, but if you want democracy to continue, then a little discomfort – a little spin here and there – is a necessary part of political life which really shouldn’t bother anyone too much.

By Zaid Ibrahim All kinds of everything The Star/Asia News Network

Former de facto Law Minister Datuk Zaid Ibrahim (carbofree@gmail.com) is now a legal consultant. The views expressed here are entirely his own


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