The richest men in China

Forbes: The Year of the Rat has been a rough one for China's richest, with fortunes being dragged down amid a 60% plunge in mainland stocks and a 50% drop in Hong Kong shares in 2008.

The combined net worth of the 400 richest dropped to $173 billion from $288 billion. The top 40 lost $68 billion, or 57%. The minimum net worth slipped $20 million to $180 million. We found 24 billionaires, down from a record 66 in 2007. These losses would have been greater had it not been for the renminbi's 10% appreciation against the dollar.

Last year's wealthiest person, real estate heiress Yang Huiyan, is this year's biggest loser. Her net worth dropped $14 billion to $2.2 billion, still enough to rank third. There were plenty of other notable losers. The head of Nine Dragons Paper, Yan Cheung, who was China's richest person in March 2007 and one of just 10 self-made billionaire women in the world, is now worth $265 million.

Meanwhile, Larry Yung, a member of one of the country's most celebrated business families (his late father Rong Yiren was the nation's vice president), lost more than half a billion dollars in one day recently after his Citic Pacific conglomerate announced $2 billion in losses from unauthorized currency bets.

Cheung Chung Kiu, the boss of C.C. Land, a developer focused on Chongqing, has lost 98% of his fortune. Ranked No. 26 last year, he is off our list of the richest Chinese entirely. "You can't really believe it," says fellow property developer Zhang Xin of the upheaval. Zhang, who runs Soho China, is ranked 19th this year, worth $1.2 billion, one-third as much as she was in 2007.
Below are the top 10 richest people in China for the 2008 survey. Although their fortune is considered average compared to the rich guys in the US and the fact that net worth has taken a beating, they have "time" on their side. They are all so young.

1) Liu Yongxing (age 60) USD3b - East Hope Group

2) Wong Kwong Yu (39) USD2.7b - Gome Electrical Appliances

3) Yang Huiyan (27) USD2.22b - Country Gardens

4) Liu Yong ha (57) USD2.2b - New Hope Group

5) Zhou Chengjian and family (43) USD2b - Metersbonwe

6) Zhang Jindong (45) USD1.8b - Suning Appliances

7) Robin Li (40) USD1.7b - Baidu.com

8) Du Shuanghua (43) USD1.6b - Rizhao Steel

9) Ma Huateng (37) USD1.58b - Tencent

10) Zhou Furen and family (57) USD1.55b - Xiyang Group

Refer here for the list of richest men in China.

Source Blog

Church holds gotong- royong to clean up Pudu

Proud of You Guys :)


INSTEAD of going away for the long weekend holiday, members of the First Assembly of God Church in Kuala Lumpur decided to hold a gotong-royong yesterday to clean up the Pudu area.

The event was in collaboration with the Bukit Bintang DAP office and the Kuala Lumpur City Hall (DBKL).

The enthusiastic participants gathered at the church area on Jalan Sayor as early as 8am for the big clean-up. The DBKL provided the equipment and trucks to collect the garbage.

About 150 church members, both old and young, were divided into groups to clean up various segments of Pudu, accompanied by some 50 DBKL workers.

Pick up: Members of the First Assembly of God Church taking part in the gotong-royong to clean up the Pudu area on yesterday

The areas involved were from Jalan Pasar to Changkat Thamby Dollah.

According to a church leader, the joint effort was part of the Pudu renewal project to make the area a better place for quality living and to enhance its image.

“Pudu is located in the heart of the city and plays an important role in the overall image of Kuala Lumpur as the capital city,” he said.

“At the same time, the project also trains our young people to be conscious and caring of their community,” he said.

Bukit Bintang MP Fong Kui Lun, who was also present, said that a memorandum signed by 300 people urging the local authorities to retain the name of the place would be submitted to the Kuala Lumpur mayor.

He said that the Pudu people felt uncomfortable and worried following the DBKL decision to rename Jalan Alor to Jalan Kejora, although the move had since been vetoed by the Federal Territories Ministry.

Fong, together with Cheras MP Tan Kok Wai, Seputeh MP Teresa Kok and Segambut MP Lim Lip Eng will submit the memo at the DBKL office today.

“Jalan Alor is a popular name known to many tourists and locals. It’s like a brand name in the eyes of these people and that is why the locals want the name unchanged,” Fong said.


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Payment In Processing-Matched.co.uk

Received an email from Matched.co.uk informing me that my payment is in process. :) . I am going to receive £8 which is around RM49.00, withind next 7 working days. Enough for a simple lunch. Wakaka.

Earning from Matched.co.uk is very simple, just visit Matched.co.uk, and sign up (it is free) and wait for them to approve your site and notify you if they have matched you with an advertiser.

Matched.co.uk is giving £5 as sign up bonus. That is RM30 just to fill up a form.

Why not? Just give it a try.

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Cambodian couple saw house in half in divorce

This must be one of the weirdest story I ever heard. A couple, split everything, including their house....serious.
PHNOM PENH, Cambodia - A couple in rural Cambodia has terminated their 18-year marriage with a divorce settlement that entailed sawing in two the wooden house they once shared, villagers said Friday. The husband, 42-year-old Moeun Sarim, has taken away with him all the bits and pieces of his half a house, said his 35-year-old wife, Vat Navy.

"Very strange, but this is what my husband wanted," she said by phone from a village about 62 miles east of Cambodia's capital, Phnom Penh. She said they ended their marriage last month.

"He brought his relatives and used saws to cut the house in half," she said, adding that she now owns the other half that is still standing. The house is made from wood with a tile roof and propped up on wooden pillars, a typical style for a Cambodian country home.

She said her estranged husband and his relatives, after ripping apart half of the house, carried all the debris to his parents' house nearby.

She said the divorce was prompted by her husband's jealousy about her alleged relationship with a policeman in the village. She denied having an extramarital affair.

"He wanted a divorce, and I said, `Let's divorce,'" she said.

The husband could not be reached for comment.

Bou Bout, a village chief, said local officials and police were present as witnesses the day the couple split their 20-by-24 1/2 foot house into half.

"Local officials tried three times to get them to mend their differences, but the husband would not budge," Bou Bout said by phone.

Source
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Shah Rukh Khan To Receive Datukship

In this Bolehland, we can give Datukship to Bollywood actor. Wakaka, Shah Rukh Khan akan jadi Datuk!

The reasons given:

1. Shah Rukh was awarded the title for his contribution to the entertainment industry at international level. If this is the reason, maybe we should give datukship to Tom Cruise, and such.

2. Shah Rukh Khan has also contributed to our tourism industry when he acted in a movie filmed in Malaysia. Ehmmmm....Datuk Catherine Zeta Jones, Datuk Sean Connery?




MELAKA, Oct 11 (Bernama) -- Bollywood leading actor Shah Rukh Khan will receive a datukship from the Melaka Yang Dipertua Negeri, in conjunction with his 70th birthday Saturday.

Melaka Chief Minister's political secretary Saadon Basirun said the actor would be awarded the Darjah Mulia Seri Melaka (DMSM).

He said the investiture ceremony will involve 758 recipients of titles, appointments, stars and medals from Melaka and would be held at the Seri Negeri Hall, Ayer Keroh here Saturday and on Sunday.

"Shah Rukh will receive his title in another ceremony at a later date," Saadon told reporters here.

The actor is among 77 recipients awarded the DMSM.

Saadon said Shah Rukh was awarded the title for his contribution to the entertainment industry at international level.

"Shah Rukh Khan has also contributed to our tourism industry when he acted in a movie filmed in Malaysia," he said.

He said local artists awarded the Darjah Seri Melaka (DSM) without a title were traditional Malay song singer Goh Eng Boon, popularly known as Andre Goh, comedian Jantan Osman also known as Ali Mamak and 60's singer Mariam Ahmad.

Meanwhile, Melaka Chief Minister's press secretary Daud Awang and Nanyang Siang Pau manager were also awarded the DSM.

Melaka Hari Ini (MHI) part-time journalist Jaafar Neemat will receive the Jaksa Pendamai (JP) while Melaka Mass Media Club Yang Dipertua Sha'rin Sahad,

The Star chief reporter R. Letchumanan and TV9 newsroom manager Mohd Lokman Hamidi will be awarded the Bintang Cemerlang Melaka (BCM).

MHI editor Md Yusof Mohamed will receive the Bintang Khidmat Terpuji (BKT) while The Star photographer A Malek Yahya, TV9 journalist Mohamed Raffi Bachik and China Press journalist Monica Tay Sookeen will be awarded the Pingat Jaksa Pendamai (PJK).

-- BERNAMA

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NYC National Debt Clock runs out of digits

NEW YORK - In a sign of the times, the National Debt Clock in New York City has run out of digits to record the growing figure.

As a short-term fix, the digital dollar sign on the billboard-style clock near Times Square has been switched to a figure — the "1" in $10 trillion. It's marking the federal government's current debt at about $10.2 trillion.

The Durst Organization says it plans to update the sign next year by adding two digits. That will make it capable of tracking debt up to a quadrillion dollars.

The late Manhattan real estate developer Seymour Durst put the sign up in 1989 to call attention to what was then a $2.7 trillion debt.

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Some Advertising Literally Busts Through the Clutter

By looking at the photo below, can you tell what are they advertising? Boob job? Or something else? Please read on......

Hi there. You see, up there? Those are two new ads for a certain good or service that consumers will soon be staring at. You might be wondering what the ads are for. This is a difficult thing to surmise because, thanks to our cropping, you cannot see the name of the brand or company these ads hope to promote.

Also: It's hard to tell because the only thing you really see here is a pair of busty women nearly popping out of their shirts. So, take a guess what the ads are for.

Hint: It is not for breast enlargement surgery.

Hint 2: It's is not for Levi's, 'cause you know how those guys love to advertise their product by barely showing it.

And now you see: The (Spanish language) ads are for Pantene, a shampoo targeted almost exclusive (entirely exclusively?) toward women. You know women, right? That demographic who supposedly values positive body images?

Pantene would be hard pressed to believe that, however, since the only thing you're not focusing on in either of the spots is the women's hair. Instead, you're looking to see whether you can spot any nipple popping through. (You can; the purple girl's right one is visible.)

Or maybe they're just trying to get women to believe that "Pantene con pro vitaminas," as it reads in the lower right corner, will leave you with this rack.

Copy n Paste from Jossip

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