Wednesday 6 May 2015

GOVERNMENT PROGRAMS IMPLEMENTED BY THE MINISTRY
Training
Various skills and entrepreneurship training program implemented to enable women to develop themselves and take a chance in the job market. A total of 3,000 women entrepreneurs benefit from the program, particularly recipient Diligent National Foundation (YTN). A similar program implemented under the Entrepreneurship Program Majlis Amanah Rakyat (MARA), which provides training to 8000 women.

Entrepreneurship Program
Under the YTN scheme of RM200 million had been disbursed to 46 thousand women to assist them in entrepreneurial activities. Under the Special Assistance Scheme for Women Entrepreneurs of RM18.5 million was approved to 185 women entrepreneurs. These loans help them engage in information technology-based services, designers and packaging, research and development and marketing. The training program was also implemented to assist women entrepreneurs to upgrade their business to small and medium-sized industrial enterprises (SMEs). Under the Agricultural Entrepreneurship Development Programme 154 training workshops were conducted benefiting 6,238 women. As a result of this program, women have joined the agri-food industry, which generates a turnover of RM94.1 million.

Nur Sejahtera program
It was introduced to educate women about the importance of regular medical examinations and adopt a healthy lifestyle. Health Line was introduced to provide comprehensive and integrated online information on non-communicable diseases such as cancer, diabetes and heart related diseases. The move underscores the centrality of health and early detection of cancer.

Establishment NIEW
The establishment of the Non-Aligned Movement (NAM) for the Empowerment of Women (NIEW) is an international institution that focuses on women's empowerment through a lifelong learning approach. NIEW also served as a catalyst for NAM countries through various training and research program to strengthen south-south co-operation of the State in the empowerment and advancement of women.

The establishment of the National Advisory Council for the Integration of Women in Development (NICIWID)
It was established by the Prime Minister in 1976, aims to translate the global action plan on women in developing countries. In addition, it advises the government on matters pertaining to women in State relations.

The establishment of the Secretariat Affairs (HAWA)
In 1983, HAWA has been established to monitor and evaluate services provided by public and private sector for the benefit of women. Apart from acting as key information on women's affairs, HAWA also serve as the secretariat to the NACIWID


Ministry of Entrepreneur and Cooperative Development Malaysia

Ministry of Entrepreneur and Cooperative Development of Malaysia (abbreviation, MECD) is a ministry under the government between 2004 and 2009, served as the lead agency for the development of Bumiputera entrepreneurs. The last minister Dato 'Noh bin Omar.

MECD role with government departments and agencies is essential to expand and accelerate Bumiputera participation in mainstream economic activity and thus help achieve the target of 30 per cent Bumiputera equity ownership in 2020. MECD and agencies under which the role is to plan, coordinate, implement and monitor entrepreneur development programs that include activities such as the following:
• Formulate policies and strategies and development programs;
• Implement, coordinate and monitor programs for entrepreneurship development at the Federal and State;
• Identify and develop business opportunities with the potential to be accompanied by an entrepreneur;
• To facilitate, guide and provide advice to entrepreneurs and aspiring entrepreneurs;
• Establish strategic partnerships and networks with government agencies, research institutions and the private sector to engage in R & D, quality, standards, management, technology transfer and marketing to develop entrepreneurs;
• Facilitating the development of the internal entrepreneurs (intrapreneurship) by agencies under MECD;
• Review the role and effectiveness of the cooperative movement as an entrepreneurial development strategy and generating economic development; and
• Formulate recommendations to ensure the establishment of SKM's financial position and operating systems are sturdy and safe society,  cooperative sector stability and promote the development of the cooperative sector are organized, transparent and sustainable.


KPNKKHEP
Ministry of Domestic Trade and Consumer Affairs (the ministry) is now known as the Ministry of Domestic Trade, Cooperatives and Consumer Affairs (Ministry) effective June 11, 2009.

KPDNHEP was originally established in October 1990 with the aim to promote the development of domestic trade ethically while protecting the interests of consumers.

Ministry's areas of responsibility include the regulation of domestic trade, the protection of consumer rights, intellectual property protection, and registration and supervision of business.

In carrying out this responsibility, the ministry formulating and reviewing policies on domestic trade, monitor prices of essential goods and conduct enforcement activities to foster an environment conducive to domestic trade.

The ministry is also responsible for coordinating policy; licensing, regulatory and safety-related activities for the petroleum, petrochemical and gas.

The change was made due to a number of relevant agencies of cooperation that were previously placed under the Ministry of Entrepreneur and Cooperative Development (MECD), now under the Ministry for MeCD been repealed.

The ministry is also responsible for the agencies which were previously located under MeCD including National Corporation (PNS), the Cooperative Commission of Malaysia (SKM), the Cooperative College of Malaysia (CCM) and the related franchise and vendor development.

Wednesday 18 March 2015

Tan Sri Dato' Lim Kok Thay born 1951 is a prominent entrepreneur in Malaysia. He is the second son of Tan Lim Goh Tong, the founder of the Genting Group and Puan Lee Kim Fa. Tan Sri Lim Kok Thay is the chairman and Chief Executive of Genting Berhad, the holding company of the Genting Group, a conglomerate which is involved in leisure & hospitality, power generation, oil palm plantations, property development, biotechnology and oil & gas business activities.
He is the co-founder of Genting Hong Kong Limited, formerly known as Star Cruises Limited. Star Cruises, together with Norwegian Cruise Line is the third largest cruise operator in the world, with a combined fleet of 18 ships visiting over 200 destinations in the world, and providing about 35,000 lower berths. He holds a Bachelor of Science Degree in Civil Engineering from University of London, United Kingdom. He attended the advanced management programme of Harvard Business School, Harvard University, USA in 1979.
In 1976, he was appointed a director of Genting Berhad.[6] Under the founder's and Kok Thay's stewardship, the Genting Group grew from a single listed entity in 1971 to five listed entities (comprising Genting Berhad), Genting Malaysia Berhad[8] and Genting Plantations Berhad, which are listed on the main board of Bursa Malaysia; Genting Singapore Plc which is listed on the main board of Singapore Exchange and Genting Hong Kong, which is listed on the main board of the Hong Kong Stock Exchange.






 Yeoh Tiong Lay completed his secondary school education at Hin Hua High School in Klang, Malaysia. He is the father of Francis Yeoh, who is the eldest of his 7 children, all of whom are involved in the family business. He is one of the richest individuals in Malaysia; his family is estimated to have a net worth of US$ 2.8 billion, and he is ranked as the 421st richest person in the world according to Forbes in 2011. He was conferred the prestigious Order of the Rising Sun, Gold Rays with Neck Ribbon by the Emperor of Japan for his efforts in promoting bilateral relations between Malaysia and Japan on 19 January 2008. He is currently one of the Pro-Chancellors of Universiti Malaysia Sabah in Kota Kinabalu, Sabah with Datuk Seri Panglima Musa Hj. Aman, the Chief Minister of Sabah.





 Tan Sri Datuk Sir Hiew-king Tiong is the Malaysian Chinese founder and chairman of the Rimbunan Hijau Group, a timber company founded in 1975. Its overseas timber operations in Papua New Guinea is the largest in that country. He also has interests in logging operations in Russia.
Tan Sri Datuk Tiong resides in Sibu, a town in Sarawak, of Borneo island that is part of Malaysia. With a net worth of about US$1.8 billion, Tiong is ranked by Forbes as the 840th richest person in the world.







Tan Heng Chew's fortune fell by more than $300 million as a price war and an oversupply in the region's car market hurt the family's Tan Chong Motor Holdings. His company assembles cars, makes parts, sells heavy machinery and operates Nissan and Renault dealerships. Tan is the executive chairman and shares fortune with brothers Eng Soon and Eng Hwa and other relatives. His late father, Tan Yuet Foh, was one of a group of brothers who started distributing cars in 1957; son Anthony cofounded GrabTaxi.




 Tan Sri Dato' Seri Dr. Teh Hong Piow), the Chairman of Public Bank Berhad in Malaysia, was born in Singapore on 14 March 1930. He attended his formal primary and secondary education at the Anglo-Chinese School in Singapore. He has been married to Puan Sri Tay Sock Noy since 1956 and they have four children - three daughters and a son. He began his banking career in 1950 as a Bank Clerk in Overseas-Chinese Banking Corporation Ltd. and rose in rank to officer within five years. He joined Malayan Banking Berhad as Manager in 1960. Later in 1964, he was promoted to the position of General Manager at the young age of 34. Teh then left Malayan Banking in 1966 to set up Public Bank. One of Malaysia's wealthiest businessmen, Piow obtained three degrees at the unaccredited Pacific Western University and two PhDs at Clayton University (also unaccredited) and University Malaya. His net worth is estimated by Forbes to be US$4.7 billion, making him the 223rd richest person in the world and the 5th richest in Malaysia.







   Longtime Malaysia resident Surin Upatkoon got his biggest break when he participated in the acquisition of a major stake in Multi-Purpose Holdings Bhd., which he later split into MPHB Capital, an insurance and real estate outfit. He increased his fortune through Thai telecom InTouch and sold a near 10% stake in 2013. He serves as managing director at gambling business Magnum and also owns a third of MPHB Capital. In 2014 he acquired prime seafront land in Johor. Upatkoon's eldest daughter, Ivevei, is MPHB's executive director. He's lived in Malaysia since 1965, when he arrived in Penang for school and stayed to work and then run his father's textile company.





 Tatparanandam Ananda Krishnan (born 1938) is a Malaysian businessman and philanthropist. Nicknamed A K, currently he is estimated to have a net worth of US$11.7 billion according to Forbes' latest annual list of wealthiest people, making him the second wealthiest in Southeast Asia behind Robert Kuok, and number 82 in the world. Ananda Krishnan shuns public exposure and is known to maintain a low profile for a person of his stature. Ananda Krishnan was born in 1938 in Brickfields, Kuala Lumpur's to Tamil parents, who were Sri Lankan origin. He studied at Vivekananda Tamil School in Brickfields, Kuala Lumpur and furthered his studies at Victoria Institution, Kuala Lumpur. Later, as a Colombo Plan scholar, he attended the University of Melbourne, Australia for his B.A. (Honours) degree majoring in political science. During that time he boarded in the Melbourne suburb of Hawthorn. Following that, Krishnan obtained Masters in Business Administration from Harvard Business School, graduating in 1964. Krishnan has 2 daughters and 1 son.
Krishnan's first entrepreneurial venture was a Malaysian consultancy MAI Holdings Sdn Bhd. He set up Exoil Trading, which went on to purchase oil drilling concessions in various countries. Later, he moved into gambling (in Malaysia). In the early part of the 1990s, he started diversifying into the multimedia arena.
Currently, he has business interests in media (Astro, Johnston Press Plc), satellite (MEASAT, SES), oil and gas (Bumi Armada, Pexco), telecommunications (Maxis, Aircel, Axis, Sri Lanka Telecom). He owns stakes in Tanjong Public Limited Company, an investment holding company with subsidiaries involved in power generation (Powertek), gaming (Pan Malaysian Pools), leisure (Tropical Islands, TGV Cinemas) and property (67% Maxis Tower etc.).




   Dr. Lip Keong Chen serves as the President of FACB Industries Inc. Bhd. Tan Sri Dr. Chen is the Founder of NagaCorp Ltd., and serves as its Chief Executive Officer. He is the Owner of TanSriChen Inc. Tan Sri Dr. Chen has been the President of Karambunai Corp. Bhd since August 1, 2007. He has been the President of Petaling Tin Berhad since August 1, 2007. He served as the Chief Executive Officer of Karambunai Corp. Bhd from December 22, 1992 to August 1, 2007. He served as the President of FACB Industries Inc. Bhd from August 3, 1994 to September 26, 2008 and as its Chief Executive Officer from August 3, 1994 to August 1, 2007. He served as the Chief Executive Officer of Petaling Tin Berhad from April 15, 1997 to August 1, 2007. He served as Chief Executive Officer of Composite Technology Research Malaysia Sdn Bhd from 1995 to 2002 and responsible for the development of the Malaysian aerospace industry from design, certification to manufacturing. He has more than 28 years of corporate, managerial and business experience since 1976. He was an Economic Advisor to Samdech Hun Sen, Prime Minister of the Cambodian Government since June 2001. Tan Sri Dr. Chen's had been with Resourceful Petroleum Ltd., has teamed up with PTTEP International Ltd of Thailand, Singapore Petroleum Company Ltd of Singapore and Cooper Energy Ltd of Australia to extract oil and gas in the Gulf of Siam. He served as the Chairman of the Board at FACB Industries Inc. Bhd from August 1, 2007 to September 2008. Tan Sri Dr. Chen served as an Executive Chairman of Petaling Tin Bhd from August 1, 2007 to September 2008. He serves as a Director of Ariston and NRCL. He serves as an Executive Director of NagaCorp Ltd. He serves as Non Independent Executive Director of FACB Industries Inc. Bhd since August 1, 2007. He serves as Non-Independent Executive Director of Karambunai Corp. Bhd He served as an Executive Director of Karambunai Corp. Bhd since January 31, 1991. He served as an Executive Director of Petaling Tin Berhad since April 15, 1997 until June 29th 2012. He has been conferred with various titles and awards including Darjah Indera Mahkota Pahang (which carries the title “Dato“), Darjah Sultan Salahuddin Aziz (which carries the title “Datuk“) and Panglima Setia Mahkota (which carries the title “Tan Sri“.). Tan Sri Dr. Chen holds a Bachelor of Medicine and Surgery from University of Malaya in 1973 (M.B.B.S. Malaya).







  Dato' Seri Shahril bin Shamsuddin, aged 51, a Malaysian, was appointed to our Board as a Non-Independent Executive Director and President and Group CEO on 9 December 2011.
Dato' Seri Shahril bin Shamsuddin is also currently the Group President and CEO of the Sapura Group which is involved in the oil & gas services, secured communications technologies, property development and management, industrial and automotive component manufacturing, and education. 
Dato' Seri Shahril bin Shamsuddin joined the Sapura Group in 1985 and since then has assumed a number of senior positions within the Group, taking over the reign as President and CEO in 1997. He succesfully steered the Sapura Group during the restructuring of its businesses portfolio and its financials, where he made several key decisions that involved the acquisition of companies and technologies. He was also responsible for the strategic disposal of some assets and businesses in line with the Sapura Group strategy for business growth. 
Prior to the Merger, Dato' Seri Shahril bin Shamsuddin was appointed to the Board of SapuraCrest as a Non-Executive Director and Executive Vice-Chairman on 24 February 2003 and 25 July 2003 respectively. Subsequently on 18 May 2011, his designation was changed to Executive Vice-Chaiman and President. Dato' Seri Shahril bin Shamsuddin was also a member of SapuraCrest's Remuneration Committee.
Appointments held by Dato' Seri Shahril bin Shamsuddin at present include Deputy Chairman of Sapura Industrial Berhad, Non-Executive Director of SRB and President and CEO of Sapura Secured Technologies Sdn Bhd, a privately held division of the Sapura Group.
In addition to his positions within the Sapura Group, Dato' Seri Shahril bin Shamsuddin is also a member of the Board of Trustees of the Perdana Leadership Foundation.
Dato' Seri Shahril bin Shamsuddin received a Master of Science in Management of Technology from the MIT Sloan School of Management and a Bachelor of Science in Industrial Technology from California Polytechnic State University.






 Tan Sri Vincent Tan Chee Yioun (born 1952; 陳志遠, pinyin: Chén Zhìyuǎn), better known as Vincent Tan, is a Malaysian businessman. He is the owner and Chairman of Thera Sdn Bhd Berjaya Group. Forbes magazine listed him in the club's billionaire 9th Malaysia with assets of RM4.2 billion.
On February 23, 2012, he announced his retirement from belliau active corporate role in B-Corp, the leading company Berjaya Group of Companies. Chief Executive Officer (CEO) to his eldest son, Datuk Robin Tan Yeong Ching. He dominated the successful Wire Berhad from Broken Hill Proprietary Company Ltd originally, Australia and the National Iron & Steel Mills, Singapore. 17,000 employees work with this giant company.
Owned subsidiary, Berjaya Group doing business since 1984 as the newspaper The Sun. Conduct legitimate business through successful licensed gambling Sport Toto Berhad, Pan Malaysian Pools Sdn Bhd and Magnum Corporation Berhad.
Airlines Berjaya Air and Berjaya Hotel is a company engaged hospitality industry, resort and small aircraft. Among them is the Hotel Berjaya Tioman island. Brought tourists to the island of Tioman from Subang Airport with the company Berjaya Air. Berjaya Air comes from the Pacific Air Charter, which was established in 1989. Now the successful water carrying passengers to the island of Pangkor, Redang, Tioman, Seletar Airport, Singapore and Samui Airport at Koh Samui, Thailand.
Berjaya Hill Resort or Bukit Tinggi Resort is a holiday resort in Bukit Tinggi, Pahang, next to Genting Highland. An area of ​​16,000 acres located at the level of 2700 feet above sea level on the left Karak Highway. The background of this resort is the Titiwangsa Range with village theme and French architecture.
Tower Berjaya Times Square is located in the golden triangle Pudu - Bukit Bintang, Jalan Imbi and Jalan Tun Dr Ismail, Kuala Lumpur. Here lies the IMAX 3D cinema, Cosmos World, Border and supermarkets Metrojaya. Kuala Lumpur Monorail system to contact the tower in Imbi Station.
DiGi Telecommunication Company is the operator of the 3rd mobile phones in Malaysia is important because 21% of the cellular phone market.
Mitv a pay television company that tried to break the monopoly Astro in Malaysia and Southeast Asia. U Television Multimedia Super Corridor status by using the latest technology. However, these companies do not succeed. Mitv using transmission provided by Runcom Technologies Ltd - an Israeli company. U Television Networks Sdn Bhd operates in Subang Hi-Tech, Shah Alam, Selangor. Mitv chairman Datuk Rosman Troy.
Informatics Education Ltd provide space and opportunities for students to study at the certificate and diploma in computer science, languages, accounting and others. Established since 1983 has 113 branches in 22 countries. Its chairman Tan Sri Datuk Seri Panglima Dr. Abu Hassan Othman. [2]

Hyundai Corp Bhd factory install Hyundai vehicles from South Korea. Among the models produced were Lorimas Hyundai, Chevrolet Aveo, Hyundai Accent, Hyundai Accent and Hyundai Santa Fe.






YBhg Tan Sri Quek Leng Chan, born 1941, Singapore) is a Malaysian tycoon who co-founded Hong Leong Group Malaysia. He is one of the richest men in Malaysia with an estimated net worth of US$2.9 billion according to Forbes in 2007.
YBhg Tan Sri Quek Leng Chan studied in Victoria School in Singapore and is qualified as a Barrister-at-Law from Middle Temple, United Kingdom. He has extensive business experience in various sectors, including financial services, manufacturing and real estate. He is the Chairman & Chief Executive Officer of Hong Leong Company (Malaysia) Berhad (“HLCM”), Executive Chairman of Hong Leong Industries Berhad (“HLI”), Hume Industries (Malaysia) Berhad (“HIMB”), Hong Leong Financial Group Berhad, GuocoLand (Malaysia) Berhad, Camerlin Group Berhad and Chairman of Hong Leong Bank Berhad, HLG Capital Berhad (“HLG”), Hong Leong Assurance Berhad, Hong Leong Islamic Bank Berhad and Hong Leong Foundation (“HLF”). Quek oversees the Malaysian operations of the Hong Leong Group while his cousin and fellow billionaire Kwek Leng Beng oversees the Singapore operations






Robert Kuok Hock Nien, born 6 October 1923), is a Malaysian Chinese billionaire businessman. According to Forbes his net worth is estimated at $10.5 billion on Feb 2012, making him the richest person in Malaysia and second richest in Southeast Asia after Dhanin Chearavanont of Thailand, according to Forbe's List of World Billionaires 2013 which Robert Kuok was placed 76th. As of December 2012, According to the Bloomberg Billionaires Index, Kuok has an estimated net worth of 17.3 billion making him the 40th richest person in the world.
Kuok is media-shy; most of his businesses are privately held by him or his family. Apart from a multitude of businesses in Malaysia, his companies have investments in many countries throughout Asia. His business interests range from sugarcane plantations (Perlis Plantations Bhd), sugar refineries, flour milling, animal feed, oil, mining, finance, hotels, properties, trading, freight and publishing. Biggest source of wealth is stake in Wilmar International, the world's largest listed palm oil company. He was a student from Raffles Institution and English College Johore Bahru English collegian. Robert Kuok's son, Kuok Khoon Ean born in 1955 married Kuok Cheng Sui and holds Bachelor of Arts (Honours) Degree in Economics from University of Nottingham, England. His other son, Kuok Khoon Ho is the Chairman of the Kuok Brothers, born in 1951 and holds Bachelor of Commerce degree, from McGill University, Canada.

Robert Kuok's brother, Tan Sri Dato' Philip Kuok Hock Khee a Malaysian Ambassador to Bonn, Federal Republic of Germany, Yugoslavia, Netherlands, Belgium, Luxembourg and Denmark was born on 18 May 1921 and attended with Robert Kuok to English College Johore Bahru before going to the College of Agriculture, Serdang and later to the University of Malaya with a degree in Economics.

Tan Sri Philip married Eileen Kuok and had two sons and two daughters, he died on 16 December 2003 and was awarded with Netherlands award of the Grand Cross of the Order of Orange Nassau, and decorated with Dato' Sri Paduka Mahkota Johor (SPMJ), Dato' Paduka Mahkota Johor (DPMJ) and Panglima Setia Mahkota (PSM). Kuok has married twice and has eight children. Kuok officially retired from the Kerry Group on 1 April 1993. One of his sons, Kuok Khoon Ean, now handles most of the day-to-day operations of his businesses. He currently resides in Hong Kong.









 Dato’ Mokhzani Mahathir (born January 1961) is the second son of Former Prime Minister of Malaysia Tun Dr. Mahathir Mohamadand Tun Dr. Siti Hasmah. In 2012 Mokhzani Mahathir merged his Kencana Petroleum with SapuraCrest, run by childhood friend Shahril Shamsuddin. He stepped down from an executive role in January 2014 to concentrate on his other investments. The following month he trimmed his stake in SapuraKencana, the country's largest oil-and-gas services provider, to just over 10%, selling $248 million worth of shares. He sits on the board of not only Sapura Kencana but also telecom giant Maxis and fiber-optics cable company Opcom Holdings. He's a cornerstone investor in IHH Healthcare and Astro Malaysia Holdings. But he focuses on the sector he knows best, oil and gas, where he cut his teeth as a petroleum engineer out of college. In July 2013, when news of his investment in another oil-services company, Yinson Holdings, surfaced, its stock went on a tear. He is also the chairman of the Sepang Circuit, which hosts the Formula 1 World Championship in Malaysia.
Mokhzani Mahathir falls out of the billionaire ranks, a victim of the global oil-price collapse that cost him $500 million. Son of former Prime Minister Mahathir started as an engineer for Shell and later built oil-and-gas equipment-fabricating company Kencana Petroleum. It merged with an offshore oil-and-gas services provider and his stake in the new company, Sapura Kencana Petroleum, makes up the bulk of his fortune. A car racing enthusiast, he hosts Malaysia's Formula One race, to be held on March 29 this year.








Syed Mokhtar and Zainal started his business in Kedah in the 1990s dealing in rice. More success followed and he moved to rice trading business. He worked even harder after he was awarded the rice trading license from Lembaga Padi Negara, and was later awarded successions of supplier contract government-linked corporations as partner with Zainal Hatim Hj Ambia Bukhary.
As his determination starting to skyrocket, he quickly moved to expand into diversification of other businesses. His next big move was in the logistics business, with initial goal to transport their trading materials. Today, his business empire has grown into areas such as plantation, property development, construction, engineering, power generation, infrastructure and ports.

He owns 51.8% share in Malaysian Mining Corporation via his wholly owned company, Syarikat seaport terminal (johore) sdn bhd,a subsidiary company Syarikat Indra Cita Sdn. Bhd. Tan Sri Syed Mokhtar and Zainal Hatim personally owns SKS Ventures, which was awarded the task of building the site for 2100MW coal-fired power station at Tanjung Bin, Johor. Tan Sri Syed Mohktar has a 32% share in PERNAS through his own company, Syarikat Ratu Jernih. Syarikat Perdana Padu Sdn. Bhd. and Corak Kukuh Sdn. Bhd. Tan Sri Syed Mokhtar and Zainal are board members of Syarikat Bina Puri Holdings Berhad, whereby, on his own, he has 7.34% share. Apart from these, Tan Sri Syed Mokhtar and Zainal has varied interest in a number of companies, both in Malaysia as well as abroad.







Tan Sri Dato' Lee Shin Cheng (born 3 June 1939) is a Malaysian Chinese business magnate who is heavily involved in the plantation industry. Tan Sri Dato' Lee Shin Cheng heads IOI Corporation Berhad (or better known as IOI Group) as its executive chairman. IOI Group was by Forbes in 2012 a palm oil and real estate development giant. It owned refineries in the US and the Netherlands and won a $322 million bid for a 6-acre plot in downtown Singapore for the residential buildings. IOI, which is listed in Bursa Malaysia, is one of the world's leading conglomerate managing oil palm plantations, speciality fats, oleo chemicals and property development activities in Malaysia, Indonesia, United States, and Europe. IOI refinery in Rotterdam, the Netherlands is the largest palm oil refinery in Europe. IOI's oil palm plantations in Malaysia and Indonesia produce palm oil and palm kernel oil. These oils are made into speciality oils, metallic stearates and fats that are used in soaps, detergents, cosmetics and food additives. IOI Group is also a leading real estate developer in Malaysia: projects include townships, shopping malls, condominiums, office towers and resorts. Lee grew up northeast of Kuala Lumpur on a rubber plantation, where his father ran a small Chinese food shop. He left school at the age of 11 to help support his family, selling ice cream on a bicycle for four years before returning to finish high school. He sought work with one oil palm plantation company for a supervisory job, but was turned down. The reason given he didn't speak fluent English,important then because Europeans still own most of the plantations. Lee, who was then only 22, was undeterred with Dunlop Estate's rejection. He went on to apply and got a field supervisor job with at another palm oil company

      Sheldon Gary Adelson was born August 4, 1933) is an American business magnate, investor, and philanthropist. He is the chairman and chief executive officer of Las Vegas Sands Corporation, which owns Marina Bay Sands in Singapore and is the parent company of Venetian Macao Limited which operates The Venetian Resort Hotel Casino and the Sands Expo and Convention Center. He also has a daily newspaper Israel Hayom Israel. Adelson, a lifelong donors and philanthropists for various reasons, founded with his wife initiatives Adelson Foundation. Until July 2014, Adelson was listed by Forbes as having a fortune of $ 36.4 billion, and as the 8th richest person in the world. Adelson is also a major contributor to the Republican Party candidate, which has led to ever greater influence in his party.





 Jim Walton (sometimes James Carr,[1] born June 7, 1948)[5] is the youngest son of Sam Walton, the founder of world's largest retailer Wal-Mart. On the 2015 Forbes list of world billionaires, Jim Walton is ranked at #9 with a net worth of $40.6 billion. On September 28, 2005, Walton replaced his deceased brother, John, on the Wal-Mart Board of Directors. He is currently on the Strategic Planning and Finance committees. He is also CEO of his family owned Arvest Bank and chairman of newspaper firm Community Publishers Inc. (CPI) owned by Jim Walton himself but founded by his father Sam Walton after acquiring the local newspaper the Benton County Daily Record, both operating in Arkansas, Missouri, and Oklahoma. He has pledged about $2 billion to the Walton Family Foundation along with his siblings from 2008 to 2013. He is currently ranked at #10 on the 2014 Forbes list of billionaires with a net worth of $34.7 billion that has increased by $3 billion. On the 2013 Forbes 400 list of the richest people in America he is ranked at #7.








          Carlos Slim Helu was born January 2, 1940) is a Mexican business magnate, investor, and philanthropist. From 2010 to 2013, Slim was ranked as the richest man in the world. Known as the "Warren Buffett Mexico", .Slim has extensive holdings in a large number of Mexican companies through his conglomerate, Grupo Carso, SA de CV, has garnered interest in the field of communications, real estate, airlines, media, technology, retail, and financial. At this time, Slim is chairman and chief executive of telecommunications companies Telmex and America Movil. America Movil, which is the largest mobile phone carrier in Latin America in 2010. The Wealth Slim in March 2015 is estimated at US $ 71.2 billion






Warren Edward Buffett was born August 30, 1930) is an American business magnate, investor and philanthropist. He is the most successful investor of the 20th century. Buffett is the chairman, CEO and largest shareholder of Berkshire Hathaway, and is consistently ranked among the world's richest man. He was ranked as the richest man in the world in 2008] and as the third richest in 2011. In 2012 Time named Buffett one of the most influential people in the world.

Buffett called "Wizard of Omaha" or the "Oracle of Omaha",] or the "Sage of Omaha" and is famous for its adherence to the value investing and for his personal frugality despite his immense wealth.] Buffett is famous philanthropist, has pledged to give 99 percent of his fortune to philanthropic causes, primarily via the Gates Foundation. On 11 April, 2012, he was diagnosed with cancer which he successfully completed treatment in September 2012.






           Amancio Ortega Gaona was born March 28, 1936) is a Spanish fashion executive and founding chairman of the fashion group Inditex, best known for clothing and accessories chain grocery store Zara. In March 2015, he was listed as the fourth richest person in the world by Forbes, with a net worth of USD $ 62600000000. Bloomberg Billionaire Index in March 2014 Amancio Ortega Gaona listed as the fourth richest person in the world with reported assets of USD $ 57000000000.] He was listed as the third richest person in the world by Hurun Report in February 2014, with a net worth of USD $ 62000000000. He lives with his second wife in an apartment building in Galicia, Spain








                     Charles de Ganahl Koch (/ koʊk /; born November 1, 1935) is an American businessman and philanthropist. He is the co-owner, board chairman and chief executive officer of Koch Industries, while his brother David H. Koch served as Executive Vice President. Charles and David each own 42% of the conglomerate. . Brothers inherited the business from their father, Fred C. Koch, then grow the business [4] Originally engaged exclusively in oil refining and chemicals, Koch Industries now includes process and pollution control equipment and technologies; polymers and fibers; mineral; steel; commodity trading and services; forest and consumer products; and livestock. Business that produces a variety of well-known brands, such as Stainmaster carpet, Lycra brand spandex fiber, Quilted Northern tissue and Dixie Cup.







Christy Ruth Walton (born 1955) is an American philanthropist. She is the widow of John T. Walton, one of the sons of Sam Walton, the founder of Walmart. After John's death in June 2005, she inherited his fortune of US$18.2 billion. Profiled by Condé Nast Portfolio magazine in The Giving Index, she is ranked as the highest female philanthropist according to the amount she gives as a percentage of her wealth. At a then estimated $16.3 billion net worth, she contributed a total of $3.5 million cumulatively between 2002 and 2006. Non-profit organizations in which Walton is actively serving include the national association of trustees and staff, corporate giving officers, and individual donors of The Philanthropy Roundtable. The San Diego Natural History Museum, where she is a board member, as well as the San Diego Zoological Society and the Mingei International Museum are also institutions to which she makes donations.







Lawrence Joseph "Larry" Ellison (born August 17, 1944) is an American programmer, internet entrepreneur, traveler, businessman and philanthropist. He was the CEO of software company Oracle Corporation between base in 1977 and 2014. In 2014, he was listed by Forbes as the third richest person in America, and as the fifth richest person in the world, with a fortune of $ 56.2 billion.
       Ellison was born in New York City but grew up in Chicago. He studied at the University of Illinois at Urbana-Champaign and University of Chicago without graduating before moving to California in 1966. While working at Ampex Corporation in the early 1970s, he was influenced by Edgar F. Codd research on the design of a relational database, which in 1977 led to the formation of what became Oracle. Oracle database vendors and managed to mid-low range system, competing with Sybase and Microsoft SQL Server, which led to Ellison listed by Forbes as the richest California in 2006.
       Ellison has donated up to 1% of their wealth to charity and has signed the Giving Pledge. In addition to his work at Oracle, Ellison had success in yachting, with BMW Oracle Racing, and is a licensed pilot who has two military jets.









David Hamilton Koch was born May 3, 1940) is an American businessman, philanthropist, and political activist, and chemical engineers. He joined the family business Koch Industries, a conglomerate which is the second largest privately owned company in the United States, in 1970. He became president of a subsidiary of Koch Engineering in 1979, and became co-owners of Koch Industries, the older brother of Charles, on 1983. He is currently the Executive Vice President.



Friday 13 March 2015

Definition of Entrepreneurship

Entrepreneurship is the process of starting a business or other organization. The entrepreneur develops a business model, acquires the human and other required resources, and is fully responsible for its success or failure.Entrepreneurship operates within an entrepreneurship ecosystem

Entrepreneur is a loanword from French. It is defined as an individual who organizes or operates a business or businesses. Credit for coining the termentrepreneur generally goes to the French economist Jean-Baptiste Say, but in fact the Irish-French economist Richard Cantillon defined it first in his Essai sur la Nature du Commerce en Général, or Essay on theNature of Trade in General, a book William Stanley Jevons considered the "cradle of political economy" Cantillon used the term differently. Biographer Anthony Breer noted that Cantillon saw the entrepreneur as a risk-taker while Say considered the entrepreneur a "planner".

Cantillon defined the term as a person who pays a certain price for a product and resells it at an uncertain price: "making decisions about obtaining and using the resources while consequently admitting the risk of enterprise." The word first appeared in the French dictionary entitled "Dictionnaire Universel de Commerce" compiled by Jacques des Bruslons and published in 1723.
Successful entrepreneurs have the ability to lead a business in a positive direction by proper planning, to adapt to changing environments and understand their own strengths and weakness