Wednesday, July 15, 2009

Going Bankrupt ?


When you're afraid you might lose your job, triple-milled soap, $18 body lotion and aromatherapy spa treatments tend to become less of a priority. The domestic portion of Crabtree & Evelyn filed for Chapter 11 bankruptcy protection in July with between $10 million and $50 million in assets -- and just as much in debts.

The Woodstock, Conn., company was founded in 1973 and built its brand on natural products that feature herbs, fruits and fresh flowers. But as consumers watched Wall Street spiral lower, they reigned in spending on consumer luxuries. Crabtree & Evelyn's 126 stores, mostly sprinkled in malls throughout the country, have seen a sharp sales pullback.

The real-estate portfolio of the company will go under the microscope as part of its bankruptcy filing, but for now, the stores remain open. Crabtree & Evelyn also operates a Web site, which is unaffected by the filing, and distributes products to thousands of wholesalers.

Crabtree & Evelyn is owned by Kuala Lumpur Kepong Berhad, a Malaysian company that is publicly traded there and invests in a grab-bag of industries, including manufacturing, real estate and retail.

Source: CNNMoney.Com

Only today, did I know that Crabtree & Evelyn belongs to Kepong Bhd, a Malaysian registered and Public-Listed company.

All the while, I thought C&E is a brand name from some countries in Europe!

A pity, the economic crisis is having the "strangled-hold" over so many established companies and surely the smaller Companies will soon wind-up due to the effect and impact of the economy.


Comment made by: SDass

Monday, July 13, 2009

No place for top STPM scorer - The Star Monday July 13, 2009

KUALA LUMPUR: Chai Wei Xiong graduated as top STPM special needs student in 2008 and hopes to teach deaf and mute children. He is deaf and mute himself.

But after checking online, he discovered that his application to a local university to study special education had been rejected.

Chai has appealed but has not received any response so far.

He was told by officers in the Ministry of Higher Education that his application was rejected because he did not attend an interview. But Chai maintained he did not receive any notice to attend any interview.



Higher Education Deputy Minister Dr Hou Kok Chung and Transport Minister’s private secretary Woon Yong Teai have written to the Higher Education Ministry and the Department of Higher Education to help Chai.

Chai told The Star through writing that he was hopeful of getting a place in the university during the next intake. He has been giving home tuition to deaf and mute students in Malay, English, Mathematics, Science and History since April last year.

Chai has been deaf since he was three years old and started his special education at SKPK Jalan Peel.

He had his secondary education at SMK Dato Ibrahim Yaacob and did Form 6 at Methodist Boys School.

In Form Five, he studied in the United States for about 6 months at the Alabama School for Deaf and Blind as part of a cultural exchange programme.

Another sad episode. Who is really to blame or which Department when it comes to this, this boy lost his opportunity when the letter he was expecting didn't arrive at all. And he missed the interview because of that.

I won't point my finger at anyone but who is supposed to do the delivery service?
Or these days we have other agencies doing that now of which I'm not aware off?

I think this is more of our fellow Malaysians' attitude, the "tidak apa/itu dia punya hal" attitude.

I hope this boy be given another chance at the interview. We don't want to lose this kind of "gifted" person to our neighbouring country, do we?

We have lost quite a number of professionals, "smart" students down the years due to our attitude, if I may say that.


SDass AKA Merekah Fajar

Wednesday, July 8, 2009

About Bottled Water




Stricter labeling urged for bottled water
By EMILY FREDRIX, AP Food Industry Writer Emily Fredrix, Ap Food Industry Writer
Wed Jul 8, 7:41 pm ET

Consumers know less about the water they pay dearly for in bottles than what they can drink almost for free from the tap because the two are regulated differently, congressional investigators and nonprofit researchers say in new reports.

Both the Government Accountability Office and the Environmental Working Group, a nonprofit research and advocacy organization, recommend in reports released Wednesday that bottled water be labeled with the same level of information municipal water providers must disclose.

The researchers urged Americans to make bottled water "a distant second choice" to filtered tap water because there isn't enough information about bottled water. The working group recommends purifying tap water with a commercial filter, however.

Both reports were released at a congressional subcommittee Wednesday morning.

Bottled water — an industry worth about $16 billion in sales last year — has been suffering lately as colleges, communities and some governments take measures to limit or ban its consumption. As employers, they are motivated by cost savings and environmental concern because the bottles often are not recycled.

Bottled water sales were growing by double-digit percentages for years and were helping buoy the U.S. beverage industry overall. But they were flat last year, according to trade publication Beverage Digest.

Beverage Digest editor John Sicher said some consumers are turning on the tap during the recession simply because it's cheaper.

From 1997 to 2007, the amount of bottled water consumed per person in the U.S. more than doubled, from 13.4 gallons to 29.3 gallons, the GAO report said.

The issue before a subcommittee of the Energy and Commerce Committee was less about waste and water quality concerns and more about the mechanics of regulating bottled water.

As a food product, bottled water is regulated by the Food and Drug Administration and required to show nutrition information and ingredients on its labels. Municipal water is under the control of the Environmental Protection Agency.

The two agencies have similar standards for water quality, but the FDA has less authority to enforce them, the GAO said, and the environmental agency requires much more testing.

Subcommittee chairman Rep. Bart Stupak, D-Mich., said the subcommittee was requesting information Wednesday from a dozen bottled water companies on their water sources, treatment methods and two years' results of contaminant testing. It was not immediately clear which companies were being contacted.

"Consumers may not realize that many regulations that apply to municipalities responsible for tap water do not apply to companies that produce bottled water," he said in statements opening the hearing.

The GAO noted the FDA has yet to set standards for DEHP, one of several chemicals known as phthalates that are found in many household products, while the EPA limits the presence of phthalates in tap water.

In a survey of officials in all 50 states and the District of Columbia, the GAO found they think consumers are misinformed about bottled water.

"Many replied that consumers often believe that bottled water is safer or healthier than tap water," according to the GAO report.

The Washington, D.C.-based Environmental Working Group said in its report that consumers do not get enough information to determine which water is best for them.

Both groups said some bottled water brands include the same information required of tap water providers on either labels or company Web sites.

The GAO called for more research but said the FDA should start by requiring that bottled water labels tell consumers where to find out more.

Community water systems must distribute annual reports about their water's source, contaminants and possible health concerns.

Consumers should know where all their water comes from, how it is treated and what is found in it, said Richard Wiles, senior vice president for policy and communications for the Environmental Working Group.

"If the municipal tap water systems can tell their customers this information, you would think that bottled water companies that charge 1,000 times more for this water could also let consumers know the same thing," he told The Associated Press.

The bottled water industry's trade group, the International Bottled Water Association, planned to testify Wednesday that the product, — subject to the same regulation as other soft drinks, teas, juices and other beverages — is safe. Additional standards apply for bottled water products labeled as "purified water" or "spring water," among other labels, because they must prove a connection to those sources, according to planned testimony from Joseph Doss, president and chief executive of the International Bottled Water Association.

Doss said consumers can learn about bottled water by contacting the company, reading its Web site and visiting sites run by state governments.

State safeguards for bottled water often exceed the federal, though they are less stringent than for tap water, the GAO wrote.

The trade group declined to comment on the reports before they are released.

Thursday, July 2, 2009

House Trade-In?



I saw this Ad during my maiden trip to Bintulu 30th of June.

It sort of "caught my eye" as I didn't know that these days this arrangement can actually be done.

I kept thinking and wondering how they do it, because I'm doing car trading since the last 5 years.

Well folks, if you're not happy with your "dream" home, think about that offer.

I heard somebody say it many months back, "rumah ku, syurga ku" and I agree, it can be very hellish if you had a bad experience staying in one?

Cheerio.