Energy: Fuelling the Future Premierp I Lunchl H Seasons Continues on a Roll Producing Power to Keep the World Economy Growing

The Magazine of the British Malaysian Chamber of Commerce

May-June 2011 Issue 77 PP 11826/12/2010 (029183)

BMCC & Gleneagles Mark Women’s Day Energy: Fuelling The Future PremierP i LunchL h SeasonS Continues On A Roll Producing Power To Keep The World Economy Growing

BMCC-JPABMCCBMCC-JP JPAA Programme P Gets Into Full Swing

PLUS • A Right Royal Affair • Customer Service: Have You Got It Right?May-June 2011• Education: A’s Or IB?

06781_BMCC_May_June 2011.indd 3 6/14/11 2:46 PM 8:00 pm Transferring money to a branch in Kuala Lumpur. 8:05 pm Paying a supplier in Dubai. 8:10 pm Having a business dinner in Sandakan.

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06781_BMCC_May_June 2011.indd 4 6/14/11 2:24 PM First Lines

BMCC Board of Directors: Patrons: YBhg Tun Musa Hitam HE Simon Featherstone, British High Commissioner see from my review of the Chairman: last couple of months - and Jon Addis, HSBC Bank Malaysia Bhd from my waistline - that Deputy Chairman: we have had two Premier Dato’ Larry Gan, AMDB Bhd Lunches since our last issue. Directors: I willI have to have my suits let out at this Bob Olivier, Aspac Executive Search Sdn Bhd rate, especially as there are more evening Datuk Peter Wentworth, OBE, CEO Solutions Sdn Bhd events and dinners on the cards, of which Dato’ Justin Leong, Genting Bhd more later. Datuk Seri Michael Yam, Impetus Partnership Sdn Bhd Amanda Powell, KL Kudos Design Sdn Bhd Jon Addis The two lunches in question featured Bill Addington, Leolaris Sdn Bhd Chairman - BMCC Michael Bear, the Lord Mayor of London, Michael McIver, Plus Three Consultants Sdn Bhd and Nick Fry, the CEO of Mercedes Andrew Sill, The Royal Bank of Scotland Bhd Petronas GP. Both were entertaining and Prof. Sayed Azam-Ali, University of Nottingham engaging speakers and both enjoyed themselves as much as we did, thanks Andrew Diamond, Yakimbi Sdn Bhd largely to the quality of the questioning from “the fl oor”. Ex Ofi cio: Mandy Johnson, British Council By the time you read this, the 7th Charity Rugby Dinner will have raised a record Trevor Lewis, UK Trade & Investment sum hopefully for charity! Then we have the BMCC Speed Networking Night Dr Zainal Abidin Majid, Advisor To The Board sponsored by Singapore Formula 1 Grand Prix with special guest F1 commentator Steve Slater. On 27th June it will be our AGM followed by drinks and networking - BMCC Executive Offi ce: the new format worked well last time so we are keeping it for this year and we are 4th Floor, East Block, Wisma Selangor Dredging, delighted that BMCC member KL Convention Centre has come on board as our 142B Jalan Ampang, 50450 Kuala Lumpur. event sponsor. Come along and hear about the great progress the Chamber has made in the last 12 months and our upcoming plans. Tel: +60 3 2163 1784/2163 1786 Fax: +60 3 2163 1781 Our theme this edition is the highly topical one of “Energy”. How we are going to Email: [email protected] power global growth remains a hotly debated subject. A debate not made any Web: www.bmcc.org.my easier by the truly terrible events in Japan in recent months, demonstrating the Follow us on Twitter: BMCCMALAYSIA fragility of our existing solutions to the issue. Our thoughts, of course, remain with Molly Jagpal: Executive Director the Japanese people as they deal with the aftermath of the tsunami and I know Winnie Ng: Business Services Manager that many of our members have been generous in responding to the crisis. Nabisa Kassim: Manager - Commercial Activities Mary Anthony: Executive - Offi ce Support On a lighter note, I know many of you watched the recent Royal Wedding, Priscilla Anan: Executive - Accounts & Admin perhaps at the fi ne and very well-attended get-together organised by the High Commission here in KL. I must say that even though I tend to incline more to the BMCC Magazine: Roundhead (“Right but Repulsive”) than Cavalier (“Wrong but Wromantic”), I found Editor: Amanda Powell the whole thing rather uplifting and pride-making to be British. Editorial Committee: • George Aveling • Marcus Must go and lie down for a while! Osborne • Molly Jagpal • Matt Smith • Winnie Ng Production: KL Kudos Design Sdn Bhd Printing: Tinggi Press Sdn Bhd, Lot 6, Jalan Kuang Bulan, Taman Kepong, 52100 Kuala Lumpur.

BMCC 2011 ANNUAL SPONSORS

Platinum Sponsors: Berita BMCC is published bi- monthly in January, March, May, July, September and November for distribution to BMCC members and other members of the British The world’s local bank and Malaysian business community. The views and opinions expressed or implied herein are those of the Preferred Airline Partner: Preferred Travel Partner: Preferred Logistics Partner: authors or contributors and do not necessarily reﬂ ect those of the Chamber. May-June 2011

06781_BMCC_May_June 2011.indd 5 6/14/11 2:24 PM In This Issue

Powering Up: Contents How is the energy industry meeting the increasing May-June 2011 demands of the world’s growing regions and what measures are being taken to ensure energy security. Turn

Cover Story to Page 11 to ﬁ nd out.

■ First Lines ...... 3 Message From The Chairman

■ Hot Happenings ...... 4 Diary Dates Important Dates For Your Diary June ‘11 Sun 26th Standard Chartered KL Marathon ■ Report Back ...... 8 Join in the fun - all in aid of charity Premier Lunches: The Lord Mayor & Nick Fry www.kl-marathon.com Mon 27th BMCC Annual General Meeting & Drinks Event Sponsor: KL Convention Centre 3.30pm onwards - KL Convention Centre See Page 6 for Details Tues 28th MICCI CEO Debate 11.45am-2.30pm - Sheraton Imperial Hotel The CEOs of HSBC Bank Malaysia, ExxonMobil Malaysia, Tesco Stores Malaysia and Nestle Malaysia will take to the stage alongside YB Mustapa Mohamed, Minister of International Trade & Industry for this dynamic debate. ■ Service Matters ...... 10 Contact: +603 6201 7708 for bookings Has Your Company Got It Wrong?

■ Cover Story ...... 11 July ‘11 Fuelling The Future: Energy For Business Fri 1st Brit Night@The Elizabethan Club 6pm to 11pm - British High Commission, KL ■ Meet Our New Members ...... 20 BMCC Members - Free but must register Contact: [email protected] ■ Exclusive Member Offers ...... 21 Tel: +603-2170 2236 Sun 26th BMCC Golf Scramble ■ News from Our Members ...... 22 StafÀ eld Golf & Country Club See Page 6 for Details ■ Intellectually Streaking ...... 26 A Right Royal Affair - Datuk Paddy Bowie, OBE ■ Special Report ...... 27 September ‘11 A’ Level VS IB - Gilbard Honey-Jones, BSKL Fri 16th- BMCC UK Property Expo Sun 18th KL Convention Centre ■ TradeTalk ...... 29 Showcase event with the latest property offerings from the UK. Contact BMCC OfÀ ce. BMCC-JPA Programme Gets Into Full Swing

■ Weds 21st BMCC Premier Luncheon Save Social Scene ...... 30 Guest Speaker: Lord Digby Jones The Date! International Women’s Day @ Gleneagles KL Details to Be Advised Fri 23rd- Singapore Formula 1 Grand Prix Sun 25th One of the most accessible and exciting events on the social & sports calendar. Catch all the glamour of this one of a kind event! Visit www.singaporegp.sg for details & tickets

Check The BMCC Website for Updates & New Events www.bmcc.org.my

4 May-June 2011

06781_BMCC_May_June 2011.indd 6 6/14/11 2:24 PM One Menerung BRDB ADVERT STRIP IN

May-June 2011 5

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06781_BMCC_May_June 2011.indd 7 6/14/11 2:24 PM ReportBackHot Happenings

Monday 27th June 2011 BMCC AGM KL Convention Centre, KLCC Guest of Honour: HE Simon Featherstone, CMG, British High Commissioner & BMCC Co-Patron 3.30pm - Registration & High Tea 4.00pm - AGM followed by Drinks & Dinner

A must-attend event that mobilises the power of networking, allowing members of the chamber to plug into the latest developments, trends and issues that are important to our business community. Free to BMCC members but registration is essential - you may bring one complimentary guest (does not have to be a BMCC member). Book now! Tel +603 2161 1784 Email [email protected]

BMCC Golf Scramble Sunday 24th July 2011 Stafﬁ eld Golf & Country Club Registration & Lunch Followed by Golf Scramble & BBQ Supper

Sign up now for the BMCC Golf Scramble - a great day of fun with teams of four competing to win coveted prizes for overall champions, novelty holes and lucky draw. Green fees, buggy and BBQ supper all included.

Call the BMCC ofﬁ ce to book now! Tel +603 2161 1784 or email [email protected] UK Property Fri 23rd-Sun 25th September 2011 Expo Singapore Street Circuit

It’s fast, it’s furious, it’s fun! Fri 16th- Visit Singapore for a weekend of glamour, action and top Sun 18th Sept 2011 entertainment including Kuala Lumpur Convention Centre performances by Linkin Park Check out the best property investments in the UK at this NOTHING on Race Day, Book your special Expo. Organised by AIP, the event will feature a tickets now for one of the range of quality properties across a range of price bands ELSE best Formula 1 GP races of and locations with supporting representation from experts the season. For details and on mortgages, conveyancing and other related services. COMES group booking discounts log Call the BMCC ofﬁ ce for details. Tel +603 2161 1784 or on to: www.singaporegp.sg email [email protected] CLOSE

6 May-June 2011

06781_BMCC_May_June 2011.indd 8 6/14/11 2:24 PM Special Report

INT”L School ADVERT STRIP IN

May-June 2011 7

06781_BMCC_May_June 2011.indd 9 6/14/11 2:24 PM ReportBack LunchL With The Lord Mayor

he Lord Mayor of London Alderman Michael Bear is the ninth Lord Mayor to visit T Malaysia since 1982, highlighting the increasing levels of UK/Malaysia engagement. At a Premier Lunch for BMCC members and their guests, he emphasised the importance of Malaysia to the UK and the strong role still played by the City of London in the global economy.

After a very English menu of Shepherd’s Pie and The mark of a great city is its ability to compete Lemon Meringue Tart, Alderman Michael Bear on À ve core elements. Number One is ease of doing addressed the audience by À rst touching on his business, the availability of skilled people across background. all sectors. Number two is a business-friendly environment - lingua franca, common law and “Unlike my predecessors who mostly hail from the regulatory framework. Number three is the local À nancial sector, I am a civil engineer - I work in the infrastructure, surroundings that go towards construction sector. This gives me a unique insight improving the quality of life. into a very important segment of the economy. Number four is all about access- Building is in my bones ibility. The - my wife says it’s like City is a 24/7 talking to a brick wall location and sometimes ....! it means we are ‘open The City of London re- non stop for mains a truly global business’. À nancial centre, contributing as it does GBP42 Number À ve is billion to our trade bal- what is often re- ance. ferred to as the clusters - all the disciplines you will ever need for business all within easy reach of each other. For example to Á oat a company requires people from 18 different disciplines. All of them can be found within the square mile of the City of London.

Kuala Lumpur is certainly making the right moves with its new infrastructure development plans. One methodology which has seen considerable success in the delivery of such projects in the UK is Public Private Partnerships.

The UK and the City of London offers expertise in all aspects of Public Private Partnerships [PPP]: mobilising finance, planning, procuring, managing and delivering projects from roads to hospitals, prisons to street lighting. British companies are keen to share their world-class expertise and work with Malaysia on its major commercial projects - including the Klang Valley Mass Rail Transport project.” The event concluded with a lively Q&A.

8 May-JuneMay-June 20120111

06781_BMCC_May_June 2011.indd 10 6/14/11 2:24 PM ReportBack UK Trade Adding Value With Innovation

s one of the UKTI’s 20 ambassadors, Nick Fry, CEO of Mercedes GP Petronas was in town ahead of the Malaysian Formula 1 GP to A help enhance business links between the UK and Malaysia. At a BMCC Premier Luncheon sponsored by HSBC, he gave an engaging talk on the current trade environment followed by some interesting insights into the world of Formula 1.

“People keep saying that the UK doesn’t manufacture anything anymore. Well, frankly they are wrong. The sector is a lot bigger than people think. For example, we are the 6th largest manufacturer globally and 50 percent of our output is exported. The number of cars manufactured in the UK currently tops 1 million, of which 70 percent is exported. Some of the world’s most famous marques are produced in the UK: Aston Martin, Bentley, Jaguar, Lotus, Rolls-Royce, Nissan, Mini, to name a few.

You may question why tthishis is - it’s because we araree very good at auto- momotive engineering - a Crowne Plaza cocombination of value with ininnovation.n Two thirds of the cars on the F1 grgrid are engineered in ththe UK: MacLaren, Red BBull, Lotus, Renault are jjust some. This high pperformance engineer- iing also crosses over iinto other industries such as aerospace. For example, the UK has a technical partnership wtwthh CTRM ofof MalaysiaMalaysia forfor developingdev composites.

The innovation really comes into play when you look at the development cycles. For a road car it’s around three to À ve years. But for a Formula 1 car, which has 3,000 parts, they are all drawn, designed, engineered, tested and manufactured within six months. There’s also a long history of design education in the UK. There are 15 universities currently teaching motorsports education and all of them have strong links with business such as CranÀ eld with its MBA course.”

In the Q&A session that ffollowedo Nick answered ququestions on the architect of modern day Formula 1, BeBernie Ecclestone, Mich- aael Schumacher and the ggrowing number of night oor twilight races in the ccalendar. “Bernie is a vvery approachable and ddown to earth guy with a phenomenal memory. He has transformed the sport - it now attracts 600 million regular viewers - every race. That’s up there with the Olympics - but ththat only happens every four years. Michael was often cast as the villain of the piece but he is the best team player you can possibly imagine. As for the increase in night races, I think it’s important to have variety. It also reÁ ects the growing interest in this part of the world, which is absolutely great to see.”

Photography by Studioline May-June 2011 9

06781_BMCC_May_June 2011.indd 11 6/14/11 2:25 PM Service Matters Has Your Company Got It Wrong? The John Lewis Partnership is unique in that each of the 76,500 employees is an owner. The Secret To Success..... All shares are held in trust for the beneÀ t of Is Not Money! employees. The company’s stated purpose is to create happy employees which it deÀ nes as people who have satisfying jobs and who By George Aveling work in a successful company.

The John Lewis culture is based on shared have come to a conclusion: Many busi- responsibility for growth, the transparent nesses have got it wrong, and yours could sharing of information, a strong listening be one of them..... Talk about a ‘lead with I culture from management to employees and Trade the chin’ statement! Now that I have your shared profit. The key learning for other attention, please read on! On Show businesses is that employees feel motivated Upcoming Exhibitions in KL I have been on radio BFM89.9 over the last because they are involved, feel listened to and few weeks talking to Freda Liu, the BFM they are happy. Sounds too simple to be true? presenter, about successful customer service MEDICAL + HOSPITAL M’SIA The Ritz-Carlton has a very strong culture, companies. Our discussions have included 29th June-1st July based around its “Gold Standards”. These three organisations that have great service Malaysia International Exhibition & Standards are printed on credit card-sized cultures: Zappos.com a US À rm which started Convention Centre cards that every employee carries with them. out as an online shoe retailer in 1999; The Ritz- Medical and Pharmaceutical The company’s motto is “We are Ladies and Carlton and the John Lewis Partnership, which raw materials, supplies, related Gentlemen, serving Ladies and Gentlemen”, runs department stores and supermarkets in manufacturing, processing indicating that each plays an important part, the UK. and packaging equipment and no matter his or her role in the company. machinery industry Each of these companies is highly successful. The Gold Standards include the company’s So, what do they have in common? What are SME Solutions Expo 12 Service Values. Employees are recruited the “secrets” that other companies can use 30th June-2nd July for their ability to live the values and are to build amazing businesses, with hoards of Mid Valley Exhibition Centre rewarded for living the values, values which raving fans? If you think that the “secret” are spoken about during daily team meetings. Platform for Small and Medium is that their number one focus is on the The Ritz-Carlton in KL has once again won the Enterprises to interact, learn, bottom line, then you will be disappointed. award for Best Employer in its class. develop business relationships Rather, these companies place a heavy focus and explore new business on intangibles - culture and people the key I have barely scratched the surface here but opportunities. drivers of proÀ t. the message is: If your company’s focus is on proÀ t, you will aim to cut costs wherever Years ago, an article in the Harvard Business ARCHIDEX possible. A common way of cutting costs is to Review reported the Sears Employee-ProÀ t 30th June-3rd July cut employee numbers. The impact will be Kuala Lumpur Convention Centre Chain Model. In essence, this demonstrated stressed, overloaded employees who are less that happy people create happy customers, Showcase for products and than happy. They will not go the extra mile for which in turn creates happy À nancial results. services for the commercial and customers. You will reduce their “volunteer This principle holds just as true today as it did residential interior design market. spirit” their discretionary effort. www.archidex.com when the article was written in 1999. They will end up being at work for the money. Our three companies put their people À rst. ASEAN ELENEX That will be their purpose. Your customers will The thinking has evolved even further. Real 20th 23rd July get ordinary service, customer loyalty will success comes from giving people a sense of Kuala Lumpur Convention Centre be ordinary as will be your proÀ ts. You will purpose, a sense that they are contributing to under-perform without knowing why. So you Bi-annual event for Transmission something bigger than themselves. & Distribution and Electrical will engage in your next round of cost cuts Engineering hosted by Tenaga Zappos’ purpose has been to provide the and the spiral will continue. Nasional Berhad and supported very best customer service and to have Most companies cut costs and in so doing, by Energy Commission. the very best culture. The company has they cut the customer experience. Great Concurrent exhibition: Industrial 10 “committable” core values, which are companies focusing on growing the customer Automation (IA) 2011 very much alive in the organisation. They experience by focusing on and growing their www.aseanelenex.com are committable because people are hired, people and culture. Which type of company performance-managed and À red based on is yours? Until next edition! IGem them. Recruitment is based around getting 7th Sept-10th Sept the right people who can deliver happiness George Aveling is Group CEO of International Kuala Lumpur Convention Centre and who can live the company’s values. The Partner of TMI Consultancy Sdn Bhd, the The latest innovations in the company provides free food for lunch, free Service Transformation Company. Greentech & Eco Products sector. medical care and lots of fun. The company has www.igem.com.my moved to an even higher purpose of delivering Email: [email protected] happiness. www.tmimalaysia.com.my

10 May-June 2011

06781_BMCC_May_June 2011.indd 12 6/14/11 2:25 PM Cover Story

As the world strives to meet the growing demand for energy, once plentiful resources are depleting, greenhouse gases are increasing and costs are rising. Whether it’s oil, gas, coal, electricity or even water, the pressure is on to fi nd more effi cient, environmentally friendly or alternative ways to cater to the world’s massive energy needs. Will legislation be the fi nal driver to keep consumption in check or will businesses assume accountability for their energy requirements by adopting innovative processes and maintaining a true commitment to carbon reduction? Fuelling The Future

May-JuneMay-June 2011 11

06781_BMCC_May_June 2011.indd 13 6/14/11 2:25 PM Cover Story Securing Malaysia’s Future Energy Needs

By Viral Gathani, Head of Energy & Resources, Asia The Royal Bank of Scotland

alaysia has beneÀ ted immensely from Malaysia has insigniÀ cant amounts of domestic they will always À nd it much easier than a considerable endowment of natural proven coal reserves. In some ways, this may others to price such an environment into their M resources. However, with continuing be the price that providence extracted from valuations. economic growth Malaysia could experience Malaysia for her riches of oil and gas, because a change of focus in the coming years from the geographical location of the country, Focus on Non-Hydrocarbons being a net exporter of resource to becoming nestled right between the Indonesian coal Malaysia’s energy generation from non-fossil a net importer. nerve-centres of Sumatra and Kalimantan, fuels is insigniÀ cant, at only 3 percent from might have suggested otherwise to an hydro. The ability of a country to signiÀ cantly We believe that this evolution will alter uninitiated observer. increase hydro power is limited by its physical Malaysia’s strategic power and energy sector geography, and given most of Malaysia’s landscape and will raise new opportunities and That said, Malaysia’s proximity to Indonesia economic activity and population centres are challenges for those in this sector. and, relative to China, Japan, Korea and in the small, Á at peninsula, Malaysia’s ability Australia does confer some strategic to harness hydro will always be signiÀ cantly In terms of the overall framework, Malaysia’s advantage in the hunt for coal sources given less than say, India or China with their massive energy sector is highly dependent on oil and that the commodity is bulky and therefore Himalayan river systems. gas, particularly when comparisons are made heavily impacted by the price of sea freight. with other parts of Asia. Malaysia’s usage of Nuclear power is not currently part of Malay- primary energy grew at 5 percent per annum Therefore, we do expect to see Malaysian sia’s plan, and recent events in Japan have in recent years (1999-2008), in line with companies increasingly looking to coal-À red underlined the risk element of a nuclear the country’s continuing growth and rapid power, and consequently, looking to lock-in plant. However, there continues to be a development. This is set to continue at a rate sources of coal. The strategic agenda for coal strong argument that away from established of 3-4 percent over the next ten years. has in recent years been driven by Chinese and earthquake fault lines, nuclear power is Indian demand. ultimately going to be an important option In 2008, Malaysia’s overall primary energy for “clean” energy. needs were met by burning oil and gas (88 The fear that both China and India have as percent), and hydro (3 percent). By com- they rise to economic superpower status The winning over of the global consciousness parison, across Asia-PaciÀ c generally in 2008, is that the supply of key materials will to the merits of “clean” energy continues, only 41 percent of energy was generated by be increasingly tough to secure and that, and the advent of a pro-green US leadership burning oil and gas. therefore, the countries would beneÀ t from under President Obama has increased the owning such resource to provide security to likelihood of achieving global agreements that Important alternatives in the rest of Asia supply. address the emissions of fossil fuels. It is in this which do not currently factor signiÀ cantly in context that a certain increase in optionality Malaysia’s economic make-up include coal (51 This has led to a string of Chinese and Indian on alternatives is likely to be a feature of percent of energy in Asia), as well as nuclear acquisitions of equity stakes in coal companies Malaysian policy going forward. and hydro (8 percent). developing the largest key new basins such as the Bowen and Galilee (Queensland), Some countries have embraced nuclear pot- In North America and Europe, the contribution the Moatize (Mozambique) and the Gobi ential to a signiÀ cant degree, such as France of nuclear and hydro is about the twice the (Mongolia). Some of these transactions (39 percent of all primary energy). Germany level in Asia, and 4 to 5 times the level in have involved the acceptance of high equity (11 percent), Austria (25 percent), Sweden Malaysia, at 13-15 percent. valuations, or the pre-payment of 20-30 year (33 percent). offtake agreements, with the buyer taking a More Coal Less Gas Both India and China, whilst clearly asking Most forecasts predict that the prices of oil big risk on the execution of mining projects and related infrastructure in remote areas questions following the events in Japan, and gas relative to other energy sources, such do have a significant nuclear programme as coal, will continue to increase. One basic such as the Australian outback, the Mongolian steppes or the Mozambique jungle. at 6-7 percent of current primary energy reason for this is simple supply scarcity the consumption, with long-term plans to reach world has signiÀ cantly more coal than oil and As Malaysian companies increasingly play in over 20 percent. gas (19.8 zettajoule to 16.2 zettajoule at end this new global game of resource chess against 2009), but is using oil and gas at twice the the Indian and Chinese players, the greatest As Malaysia explores alternative options to rate it is using coal, compounding the effect. challenge will be matching the aggressiveness, fossil fuels, and in particular to oil and gas, the country will inevitably join the international The relative cost of producing power from in terms of valuation, 20 year outlook and preparedness to support infrastructure of scramble for key resources such as uranium, oil and gas relative to, say, coal, is likely to where many of the features of the coal chess increase, raising the question of whether, these players. Given that India and China are largely responsible for the great commodity game being played globally by China and despite the oil and gas reserves available, India, also apply. Malaysia should diversify into coal. super-cycle that we À nd ourselves in today,

12 May-June 2011

06781_BMCC_May_June 2011.indd 14 6/14/11 2:25 PM Cover Story Global Oil & Gas: Emerging Themes

May-June 2011 13

06781_BMCC_May_June 2011.indd 15 6/14/11 2:25 PM Cover Story Low-Carbon: The Missing Link

uch has been done in the past 10 Lack of reporting on indirect emissions is years to develop credible metho- holding back the development of a low carbon M dologies to measure and report greenhouse gas (GHG) emissions. However, there is economy. ACCA’s Rachel Jackson looks at how a noticeable exception to this progress Scope we can push it forward. 3 emissions.

These are, in effect, GHG emissions that are not being counted but which are nevertheless crucial to the development of a vibrant low- carbon economy.

Scope 1 emissions are direct GHG emissions A new ACCA paper, Delivering Value in the include innovations in materials, processes, from sources owned or controlled by a com- Low Carbon Economy by Dr Alan Knight, looks products and ways of doing business. at why Scope 3 reporting has been so slow pany. Scope 2 emissions result from the Finally, the ‘engaged approach’ brings an to develop and how this is holding back the generation of purchased electricity. Scope 3 understanding of Scope 3 emissions into all type of innovation demanded by a low-carbon emissions are all other indirect GHG emissions. business decision-making. Companies identify economy. None of the many regulatory or They could be generated by employee business opportunities for innovation not just within voluntary accounting and reporting pro- travel, external distribution and logistics, the their own operations and upstream, but down- grammes requires Scope 3 accounting and use and disposal of the company’s products stream too across the full value chain in the reporting. At best, they make it optional. The and services, or its supply chain. sectors in which they operate. Companies look reasons for this are understandable. Measuring Scope 3 emissions provides the not just at how their products are made, but information needed to understand climate- First, there is the fear of double counting, also how they are used and disposed of. related risks and opportunities generated with the possibility that the Scope 3 emissions of one organisation could be the Scope 1 TIMELY FOCUS upstream and downstream from operations, Guidance on a Scope 3 accounting and emissions of another. Second, what categories beyond operational boundaries and in products reporting standard is expected to appear of indirect emissions should be included? How and services developed and sold. this year. Developed by the World Business do you draw the boundaries? Should lifecycle Council for Sustainable Development and The information could challenge companies methodologies be adopted and, if so, which? the World Resources Institute, the standard to look at what they are doing, not just how Third, there are evidence-gathering and provides a comprehensive categorisation of they are doing it, and trigger development of quality difÀ culties. new products and services, rather than just Scope 3 emission types and guidance on how more efÀ cient ways of delivering existing If nobody is actually keeping this kind of to account and report on each category. data, where do you start? Are estimates ones. It could result in decisions to substitute More than 60 companies have road-tested the acceptable and, if so, what methodologies? carbon-intensive materials with ‘greener’ standard, and many believe that a Scope 3 Are proxy indicators acceptable? What level alternatives. inventory could be completed annually. With of uncertainty is reasonable? It could result in signiÀ cant changes in the political leadership on building a low-carbon supply chain, or investments in low-carbon THREE APPROACHES proving disappointing, businesses need to transport and waste management solutions. It ACCA’s paper identifies three types of embrace the new guidance and take the lead will almost certainly result in change. approach being taken to Scope 3 emissions in developing their emissions reporting. by companies, using case studies of, among By looking at the full value chain, Scope 3 Yet Scope 3 reporting is rare. In 2009, while others, ExxonMobil, Walmart and Bayer to provides a broader challenge to business. 409 (82 percent) of Global 500 companies bring the approaches to life. responded to the Carbon Disclosure Project’s Scope 3 reporting is an essential lever for request for GHG information, only 209 (42 First is the ‘control approach’, which focuses taking organisations beyond the mere drive percent) gave any information about their on operational efÀ ciency in areas over which for efÀ ciency to real business remodelling. a company has control, such as technological Scope 3 emissions. Just six of those companies Download Delivering Value in the Low Carbon innovation within operations. Some are going reported on all À ve classes of Scope 3 emis- Economy at www.accaglobal.com/scope3 sions. a step further and adopting what ACCA terms the ‘inÁ uence approach’. This acknowledges Rachel Jackson is ACCA’s head of sustainability, Yet carbon emissions have become an impor- the importance of Scope 3 information as a and champions ACCA’s global sustainability tant element of risk and opportunity analysis. guide to areas for improvement where the agenda on reporting and disclosure with speciÀ c reference to environmental, economic and social If accountants are to do their jobs properly, company has high levels of inÁ uence, such as issues. She represents ACCA on various technical then they need to understand the implications upstream in the supply chain. Improvements committees and working groups including FEE and of Scope 3 emissions. focus on technology and efficiency, but the EPC Climate Change Adaptation Task Force.

14 May-June 2011

06781_BMCC_May_June 2011.indd 16 6/14/11 2:25 PM Cover Story Improving Credentials With Energy Management

Reduction of energy consumption and carbon emissions impact should be high on every organisation’s agenda. Apart from huge potential savings in energy costs, companies can also enhance their reputation in the market place by minimising their carbon footprint and so increase market share.

&C Energy Group’s Energy and In another example, M&C Energy Group has Carbon Management Services Div- worked with global giant Unilever, initially at M ision has been helping companies for its European sites to identify areas of saving in a number of years establish the measurement the purchase of electricity and gas supplies. and then reduction of their energy consumption Later water and oil were added to the scope of and carbon footprinting. areas to be investigated. In the UK, a detailed In another example, mattress company Sweet energy survey for four of Unilever’s sites and Dream decided to voluntarily calculate the The À rst step is to identify innovative energy an auditing exercise identiÀ ed a considerable greenhouse gases (GHG) emissions of its oper- saving opportunities. Then specialist multi- refund opportunity on the Climate Change ations to determine whether these emissions disciplined teams implement recommendations Levy (CCL). have improved in recent years. Engaging the for reducing energy consumption which can services of M&C Energy Group, the carbon bring about true À nancial savings. A Survey carried out at one of the Unilever footprint of its operations as a result of energy Bestfoods sites identiÀ ed energy and water used were monitored from 2006 through to The Group also manages Greenhouse Gas savings amounting to a reduction of over 16 2008. The À ndings revealed that the carbon emissions on its clients’ behalf through renew- percent of these costs. Savings of around 8 intensity has consistently decreased each able energy management, carbon trading and percent on gas and electricity procurement reporting year, with a 46 percent reduction emissions reporting. costs were also identiÀ ed. over 2006 levels. The company provides a range of services Similarly, M&C Energy Group has also worked across all energy utilities including detailed In one year alone, the team with the Prince Hotel Kuala Lumpur. Over utility audits covering all aspects of purchasing has achieved 34 refunds and the course of a four year period, the hotel and consumption, followed by analysis of reduced its GHG emissions by 15.6 percent energy consumption, costing and payback of 39 cases of energy/utility per occupied room, even though occupancy optimised solutions. price savings, totalling increased in the period. The reduction has Project management of major works arising RM1.8 million. been achieved through better operating efÀ - out of recommendations is also part of the ciency of lighting, chillers and recycling. portfolio including, if appropriate, funding Responsible product labelling is another way of projects, performance monitoring and In Thailand, where Unilever manufactures in which companies can demonstrate their ongoing maintenance of plant by way of soap products and ice cream, energy savings carbon credentials. Companies, consumers Energy Performance Contracts. have been identiÀ ed with ongoing monitoring and targeting exercises in place. An electrical and other stakeholders are recognising the In one example, M&C Energy Group worked upgrade has been recommended with capital importance of embedded carbon in product with international cable manufacturer Draka funding being provided by way of an Energy supply chains. Increasingly therefore, com- of the Netherlands across 22 sites in Europe. Performance Contract. panies and brands are seeking to measure A detailed Energy Survey of Draka’s Optical carbon footprint while achieving independent Fibre production facility in Eindhoven was Woo Tiam Loong [pictured], Energy Analyst certiÀ cation of this work. carried out with potential areas identiÀ ed cum Team Leader of M&C Energy Malaysia’s Aside from demonstrating a commitment to where energy efÀ ciency could be improved Energy Services Team has been with the carbon measurement and reduction, certi- and costs reduced. company for seven years. From 2009 to 2010 alone, he has led his team to achieve 34 À cation provides the opportunity to identify The Survey had identiÀ ed that overall consum- refunds and 39 cases of energy/utility price hidden efÀ ciencies in the supply chain, based ption of steam in energy terms appeared savings for his clients, totalling around RM1.8 on robust, certified data, enabling bet- high in relation to the application. A test million. Among the companies that have ter planning for changes in legislation and mechanism was employed on site enabling seen the beneÀ ts of this work are Ire-tex eventual carbon pricing. With certiÀ cation sufÀ cient data to be gathered to bring a case Malaysia, GP Autobat, Upha Pharmaceutical also comes entitlement to use the Carbon to the supplier and commence negotiations on Manufacturing, Medilaund, Continental Reduction Label, an important endorsement behalf of Draka. The refund secured to date Automotive Components, DHL Supply Chain and key differentiator. is EUR380,000 with further savings expected. Malaysia and Upeca Technologies. www.mcenergygroup.com

May-June 2011 15

06781_BMCC_May_June 2011.indd 17 6/16/11 10:17 AM Cover Story Expanding In Energy

ver the last 12 months, global power Tony Ruegger, Rolls- systems company Rolls-Royce has Royce, Executive Vice- O won contracts in the energy sector val- President Oil & Gas, ued at over US$375 million. These contracts says, “The nineteen will see the delivery of power generation and RB211 packages cur- pipeline transmission products and services rently operating in China for projects in Asia, Europe, Africa, India and have been in service the Middle East. for nearly half-a-million hours, with the longest The most recent award, from PetroChina, running engine achieving the largest oil and gas producer in China, and over 34,000 hours. Using valued at US$65 million, is for six Rolls-Royce Rolls-Royce aero engine RB211 gas turbine compressor packages to be technology, these gas installed on one of China’s most important turbine packages con- and expensive energy projects, the West-East tinue to provide very high Pipeline Project (WEPP) Line 2. levels of performance Other orders worth over US$200 million WEPP is the world’s longest natural gas and reliability.” for electrical power generation equipment pipeline and this latest order takes the number WEPP Line 2 will have a total length of 8,859 have been secured from customers in Aust- of RB211 gas turbine compressor packages km made up of one main trunk line of 4,859 ralia, Bangladesh, Spain, Venezuela and installed on the WEPP to 45. The gas turbine km and eight sub-lines. It will transport 30 Yemen. The orders consist of 25 Bergen diesel units will be installed at two new compressor billion cubic metres of natural gas every engines, À ve Bergen gas engines and six Trent stations along the 2,400 km Eastern section of year from reserves in Central Asia, across 15 60 gas turbines, which in total are capable of the line and will join six RB211 units currently provinces to major regions such as Zhejiang, producing over 560MW of electrical energy for being installed along the 2,450 km Western Shanghai, Guangdong and Hong Kong. the À ve new customers. section and 19 RB211 compressor setsVelassaru. already Be at one with nature. in service on WEPP Line 1. This country-wide distribution of gas will The largest contract, valued at $75 million, help boost China’s clean is from Bangladesh’s largest EPC Company, energy consumption, Energypac Power Generation Limited for 24 saving an expected 11 Rolls-Royce Bergen diesel engines to be owned million tonnes of coal by the Bangladesh Power Development Board. usage every year and Sixteen of these engines will provide 100MW thereby reducing harmful of power at the Gopalgunj power station and emissions. eight will provide 50MW of power at Faridpur.

All of the equipment for All the engines will run on heavy fuel oil the WEPP Line 2 Eastern and will supply electricity to the country at section is scheduled for times of peak demand as part of a signiÀ cant delivery by the fourth power development programme initiated by quarter of 2011. the country’s Prime Minister Sheikh Hasina.

May-June 2011

06781_BMCC_May_June 2011.indd 18 6/14/11 2:25 PM Cover Story Ensuring Integrity In Offshore Assets

In Darwin, Australia, the Power & Water il and gas companies today are under or the impact on the environment. An AIM Corporation has selected two Trent 60 packages increasing scrutiny to ensure the integ- approach also ensures that the people, to deliver 116MW at its Channel Island power rity and safe and efÀ cient operation systems, processes and resources that help to station, helping provide electricity to a region O of their offshore production assets. Whilst deliver this integrity are in place, in use and where power demand is increasing by four per recent focus may have been on drilling rigs will perform when required over the whole cent per year. The two Trent units will increase in the Gulf of Mexico, this issue affects all lifecycle of the asset. the generation capacity by about 25 per cent. offshore assets and it’s an area where there As well as reducing the risk of major accidents, A new oil processing installation at a remote is no room for error. adopting an Asset Integrity Management (AIM) desert location in Yemen will use a combination Increasingly, as exploration moves into smaller system also yields an improved knowledge of of Rolls-Royce gas and diesel engines to and more marginal À elds, the industry has the asset condition, reducing the number of provide 16MW of base load electrical power. turned to Floating Production, Storage and ‘nasty surprises’ for management from both Kentz Overseas Limited has ordered three Operations (FPSOs) vessels as the solution. a technical and À nancial perspective. It is Bergen gas fuelled engines, along with a Whilst these vessels offer the industry signi- also improving the contractor management single 12 cylinder Bergen diesel engine, in À cant beneÀ ts, they also present complex process, as it helps to provide clear lines of a contract valued at US$14 million. The gas challenges to the Asset Integrity Manager. Part responsibility which in turn drives up con- for the B35:40 engines will be associated gas ship, part oil platform and typically managed tractor performance and productivity. which is currently being Á ared. through a structure of owner, operator, con- As the FPSO business grows, AIM systems Elsewhere, two RB211 gas turbine power tractor and sub-contractors, it is clear to see will provide a framework to structure future generation packages have been ordered by why FPSO’s are more complicated to operate. operations & maintenance to best suit the the Total Oil Company to provide power to Currently there are 250 units in service, with owner’s and the end client (operator’s) needs an oil facility in the Middle East, which will 100 more scheduled to be installed over and business drivers. utilise gas fuel that would otherwise have been the next four years at an estimated capital burned off, thereby increasing the efÀ ciency expenditure cost of US$45 billion. It will be Recent EC Harris projects have included setting of the operation. vitally important to ensure that the Asset up a corporate Asset Integrity Management system for one of the region’s largest owners In South Korea, Rolls-Royce has recently signed Integrity is effectively managed for all of and operators of FPSO platforms, as well as an agreement with STX Engine Co. Ltd as a these assets, and with nearly a quarter of all supporting the implementation of the Asset packager of Rolls-Royce industrial gas turbine new FPSOs expected to be located in the Asia Integrity Framework on its Á eet of FPSOs. generating sets in the Asia PaciÀ c region. PaciÀ c region, Malaysia is well-positioned to take advantage of this growth area within Contact: Ian Kennedy The agreement provides an enhanced route the industry. Email: [email protected] to market for the latest Rolls-Royce industrial Tel: +6013 350 0038 gas turbine, the RB211-H63, as well as the Malaysia is already home to some of the most powerful engine in its range, the Trent world’s leading FPSO owners and operators. 60 gas turbine. As more FPSOs come online between now and 2015, there is an opportunity for the country With this agreement STX will have the capa- to develop technical and commercial expertise bility to market, package and install two which it could then look to export. of the world’s most efÀ cient industrial gas turbines in a power range from 27MW to 64MW Helping to Drive Greater EfÀ ciency in countries such as Bangladesh, Philippines, The performance of oil & gas companies’ Taiwan, Vietnam and also Korea. assets generally stems from the efÀ ciency of their core operational and business processes. In addition to providing increased exposure in Given the complexity of the work that they Asia, under the agreement, STX will also join perform on offshore and onshore facilities, with Rolls-Royce in the development of the inefficient processes can easily develop. package design. For example, it is not unusual to À nd real Rolls-Royce will supply the RB211-H63 gas maintenance cost efÀ ciency rates of 30-40 generator, its RT63 power turbine and the percent. EC Harris works with clients to Trent gas generator from its facilities in the identify areas where potential efficiency USA and Canada, and will also be responsible improvements can be made. for supporting the engines in the À eld. Both Asset Integrity Management (AIM) ensures types of packages will be assembled by STX that the organisation’s assets perform their at its Changwon engine facility. required functions effectively and efÀ ciently www.rolls-royce.com without compromising on health, safety

May-June 2011 17

06781_BMCC_May_June 2011.indd 19 6/14/11 2:25 PM Cover Story A Greener Way Towards Energy Independence

he world’s energy sources are being One of the key factors which differentiates What are the challenges that you depleted. The political and social us is our technology, designed by us and face and what does the future hold? T unrest in the Middle East has impacted jointly owned with our Korean partners. It One of the main challenges is access to oil prices which hit a two year high at is underpinned by our extensive knowledge capital. We are pioneering in our solutions US$100 a barrel in April 2011. Just as the of processes and business issues required to and investment in R&D is hefty. This impacts global economy is reverting to growth, the achieve competitive advantage. We are in the our growth strategy and constrains the pace earthquake in Japan sent jitters across À nan- process of achieving a major breakthrough in at which we grow along with our decisions cial markets as the world’s third largest the global lighting market. for market selection. We have had to select economy, worth US$5.47 trillion at the end Firms have become cost-conscious and many markets which are ‘psychically close’ due to of 2010, faces obstacles in managing a major limited resources and to minimise our risk. catastrophe. This combined with the nuclear Asian companies expect discounts, so we fallout at Fukushima has placed alternative have devised a business model which requires When it comes to talent and people, our and sustainable energy sources high on the minimal investment from the client. We get attrition rate is low, and we believe this is agenda for many countries. paid when our clients save money which likely to be as a result of our ongoing training, contributes to their bottom line. development and investment in rewards and However, there are a number of challenges Overall, we have a À rst mover advantage remuneration. We have built a culture of in the successful innovation, design, and innovation and loyalty. implementation of alternative energy sol- across much of Asia, and although it has been utions. Is the green agenda really “An Inconv- a tough journey over the last decade, we are One of our biggest challenges in Malaysia enient Truth” as highlighted by Al Gore, or is starting to see the fruits of our labour. remains the supply of oil palm empty fruit it the plain inability to change the way we How adequate are the Government’s bunches as a fuel; it needs to be a level playing live in today’s globalised environment where policies in supporting companies À eld to ensure a long term supply. Other the future is being inÁ uenced by Generation to succeed in domestic and foreign challenges include the lack of awareness of Y; ‘socially aware’, yet motivated by branded markets? what renewable energy and the beneÀ ts to an lifestyles underpinned by capitalism. organisation’s bottom line as well as a nation’s The Malaysian Government is on a drive to sustainability. Amita Krishna talks to Dato’ Seri achieve developed nation status by 2020. This Accordingly, we intend to accelerate our Caren Teoh, Chairman and Dr. Dixon is supported by many of the socio-economic reforms announced last year including the plans for domestic and international growth. Chai, CEO, of the Vesta Group about Government Transformation Plan which place Our investments to date have enabled us to the challenges. emphasis on the green agenda. This follows on present an opportunistic business model for from the 8th Malaysia plan where renewable clients which is sometimes perceived to be There are many À rms jumping on the energy was added as the À fth fuel as part of ‘too good to be true’, so we say, try it and ‘Green’ Bandwagon. How are Vesta’s the energy supply mix and evolved in the 9th see. If you don’t save money, we don’t make solutions any different? and 10th Plans. money! It’s a win-win. The Vesta Group was formed in 2001 to address the global market need for alternative The Ministry of Energy, Green Technology & We are in an industry which is set to boom in energy solutions. From the outset our philo- Water (KeTTHA) has embarked on a number Asia and across the world. Imagine life without sophy and values have driven us to innovate of strategic initiatives towards sustainable and your mobile phone and the internet. One day and deliver solutions which cause minimal renewable energy. These include: The Small our children will try and imagine life without impact to the environment. We are pioneering Renewable Energy Power Programme (SREP), green energy... fuel cells, energy efÀ ciency programmes, and in total energy conservation and resource We envisage the future to be a bright one for renewable energy including biomass, hydro management offering solutions to address the Vesta Group and we know we can change and solar. both demand and supply generation. the landscape of renewable energy through On the demand side, we focus on Power Other initiatives include the Feed in Tariff our ongoing commitment to innovative, Management, Waste Heat Management, (FiT) for renewable energy to enable users sustainable solutions without harm to the Steam Management and Water management. to sell excess power to the power grid as a environment. On the supply side we utilise solar and wind way to encourage people to use renewable technologies along with waste streams inclu- energy including solar, biomass or wind. FiT is Amita Krishna is Managing Director a tried and tested method in many developed ding biomass as fuels to create cleaner and of KrisTEL, an International sustainable energy. countries. business and strategic marketing We work with industrial enterprises to achieve The Green Technology Policy was launched consultancy. cost efÀ ciencies through energy conservation in 2009 to promote sustainable development Email: [email protected] resulting in greater returns and ultimately through renewable energy along with subsidies Vesta Group: www.vestagroups.com proÀ tability. and tax incentives and grants.

18 May-June 2011

06781_BMCC_May_June 2011.indd 20 6/14/11 2:25 PM Cover Story Money From Energy

t’s been a disappointing quarter for the 2008 crash too hastily. “Record prices investors in the UK’s big oil compa- at the pumps had put [US] consumer I nies. BP and Shell both posted disapp- conÀ dence and spending into a tailspin ointing results, with neither company several months before [Lehman Brothers quite meeting analysts’ expectations. collapsed]… Americans took one look at TREATING DRILLING Despite that, the oil sector has made the price of À lling up, and decided to plenty of money, particularly in the last six stop spending.” WASTE WATER months. And little wonder, with oil prices above US$100 a barrel. The best play in the energy ith legislation becoming more strin- sector gent, the demand to treat all waste But how long can this last without hurting If you’re looking to get into the energy Wstreams is increasing in the oil and the global economy? And is there a better sector right now, consider playing an gas industry. Although waste water is one of way to play the energy sector? energy source that looks cheap and at the the largest waste streams, there are various moment, that’s not oil. It’s natural gas. challenges facing its treatment such as variations Royal Dutch Shell saw its share price slide Volatile and depressed, it presents a good in oil, water and solids feed, bulky equipment, in March as investors were disappointed buying opportunity. Lots of big oil stocks labour intensive processes and high consumption in its fourth-quarter earnings, which have interests in natural gas. of consumables. missed City expectations, mainly due to weak reÀ ning margins. Shell was also If you’re looking for a purer play, one Scomi Oiltools provides solutions to control, impacted by the knock-on effects of BP’s company to invest into for the longer term contain, treat and dispose of drilling waste Gulf of Mexico disaster and had to put its is Chesapeake Energy, the largest producer water. ImmaPure is a water treatment system own plans for drilling in Alaska on hold. of natural Gas in the US, which has huge that separates dispersed oil and suspended solids That said, the company is hardly in the reserves of natural gas. Chesapeake’s in waste water. It removes heavy metals and poorhouse. Quarterly proÀ ts rose from share price is near its 52-week high. But reduces the total organic carbon (TOC) content US$2.8bn a year ago, to US$4.1bn with prospects for the stock still look bright. It of the water to less than 5ppm, exceeding the annual proÀ ts up 90 percent to US$18.6bn. has just done a deal with China’s CNOOC, regulations set by international conventions on which gives it great exposure to the hydrocarbon discharge. The FT reports that as a sector, S&P 500 Chinese market. If natural gas prices rise, energy stocks have outperformed the the company is sure to beneÀ t. The system is able to handle diverse slop water, market sharply since August, as the price has a small footprint, is automated to reduce of crude has shot up. However, energy DiversiÀ cation manpower requirements, is low on maintenance stocks can become victims of their own Rather than put all your eggs into one and on consumption of consumables. ImmaPure success. If the price of oil goes too high, ‘resource basket’, look at diversifying is proven technology, working in one of the most too fast, it can hurt the economy. into several sectors ie Gold, diamonds and environmentally demanding locations, namely precious metals, base metal (copper, zinc, Norway. Ten years ago, if anyone had suggested the nickel and lead) plus energy. oil price would hit US$100 a barrel, most The ImmaPure system consists of three distinct of us would have envisioned a world of As an example, if you had just invested modular components: ImmaPure-SW for treat- petrol queues and fuel riots. Yet now, most in crude oil and natural gas three years ment of slop water; ImmaPure-PW for treatment mainstream pundits argue that the world ago, you would have lost 51 percent and of produced water and ImmaPure-NF for puri- economy has been surprisingly resilient to 84 percent respectively. However silver À cation of waste water and reduction of TOC high oil prices in recent years. The FT’s Lex and gold would have returned you 168 content.The ImmaPure systems for slop water column notes that “record highs barely percent and 94 percent over the same and produced water have high processing earned a cameo as a villain in the recent period. Investing 25 percent into each of capacities averaging 145m3/day and 3600m3/ recession, while they played a starring role these four commodities would have turned day respectively. in ‘73-’74, ‘80-’81 and ‘90-91”. your losses into healthy proÀ ts over the same period. The system incorporates membrane technology Meanwhile, Jim Paulsen of Wells Capital using non-organic ceramic membranes for their Management points out that oil is in fact The best way to achieve this is through tolerance to variable feeds of oil, water and solids cheap relative to other commodities. If using the expertise of a fund manager as well as its resistance to solvents, oxidants and the price of oil had kept up with its peers such as the JPM Global Natural Resources pH. Particulates and macro-molecules too large this year, it would be at US$120 a barrel. fund that has 35 percent invested in Gold, to pass through the membrane pores will be Diamonds and other Precious metals, 34 carried through the system by the Á ow preventing No one can accurately predict where percent in base metals and 26 percent in accumulation on the membrane surface to cause the oil price is going. Despite the global energy investments. plugging. economy’s apparent acceptance of US$100 oil, as Jeremy Warner in The Telegraph Richard Hull Director/Principal OfÀ cer Designed for continuous operation and fully notes, “in the US, all post-war recessions RH Investment Services Labuan Ltd automated, the system monitors/maintains have been preceded by an oil price spike.” Tel: +603 2168 4261 optimum feed quantity and monitors switching And it’s a mistake to dismiss its role in E: [email protected] to cleansing/cleaning/stop modes.

More details via email from: This article is for information purposes only. The contents do not constitute À nancial advice and should not be regarded as a substitute for detailed À nancial advice in individual cases. [email protected]

May-June 2011 19

06781_BMCC_May_June 2011.indd 21 6/14/11 2:25 PM New Members

Cuscapi Berhad Providing new and innovative business management solutions with established credentials in the F&B, retail, hospitality, automotive, telecommunication, ﬁ nancial services, and public service industries. Established in 1978, Cuscapi has 12 service centres nationwide and supports over 700 clients at over 7,000 installed sites in 29 other countries, spanning Asia and the Middle East. Level 1, Block B, Peremba Square, Saujana Resort, Seksyen U2, 40150 Shah Alam, Selangor, Malaysia. Tel: +603 7623 7791 Fax: +603 7622 1999 Email: [email protected] Web: www.cuscapi.com Her Chor Siong - Chief Executive Ofﬁ cer

EC Harris International Built Asset Consultancy, advising clients in the planning and execution of strategies that deliver the best results from money spent on their built assets. The fi rm has 40 offi ces in 28 countries employing over 3,000 people worldwide. Group revenue in 2009/10 was US$432 million. In Asia Pacifi c, EC Harris has over 500 highly-trained professionals based in the region, and has operations across the region in markets including China, Hong Kong, Australia, South Korea, Macau, India, Malaysia, Singapore, Taiwan, and Vietnam. Tel: +6013 350 0038 Email: [email protected] Web: www.echarris.com Ian Kennedy - Director

Epsom College in Malaysia Premier British co-educational day and boarding school situated in Bandar Enstek, Negeri Sembilan (about 10 minutes from KLIA), offering British education syllabus. Catering for boys and girls from age 4 to 11 in a day- Preparatory School (to be located at a different site near to KL city centre) and 12 to 18 in full-boarding Senior School (at Bandar Enstek). Due to open in September 2012. No. 65, Jalan Timur 2/2B, Timur@Enstek, 71760 Bandar Enstek, Negeri Sembilan. Tel: +606 794 0305 Fax: +606 794 0142 Email: [email protected] Web: www.epsomcollege.edu.my Gareth Eynon - Headmaster

RH Investment Services Independent Financial Advice specialising in retirement planning, school fees & savings for any event. Access to over 7,000 funds and qualiﬁ ed as Stock brokers, Financial Advisers & Portfolio Managers. Initial review of existing portfolios carried out free of charge. Level 40 Tower 2, PETRONAS Twin Towers, Kuala Lumpur City Centre, 50088 Kuala Lumpur. Tel: +603 2168 4261 Fax: +603 2168 4201 Email: [email protected] Web: www.rhinvestmentservices.com Richard Hull - Director/Principal Ofﬁ cer

International School @ ParkCity Located in the exclusive residential area of Desa Park City. The School will broadly follow the UK National Curriculum. All teachers are fully qualiﬁ ed and highly experienced expatriates. Students will use state-of-the-art teaching, learning and sports amenities to nurture their mental and physical wellbeing. No.1, Jalan Intisari, Desa ParkCity, 52200 Kuala Lumpur. Tel: +603 6280 7086 Fax: +603 6280 8749 Email : [email protected] Web: www.isp.edu.my Andrew Dalton-Principal

G-Tower Hotel Asia’s First All Club Rooms Hotel designed for business travel. Featuring personalised service, full business facilities, private ‘Member’s Only’ Club and high speed connectivity, it is also the First Fully certiﬁ ed Green (Singapore BCA Green Mark Gold) and Smart (MSC Malaysia CyberCentre Status) hotel property. 199 Jalan Tun Razak, 50400 Kuala Lumpur. Tel: +603 2168 1919 Fax: +603 2168 1833 Email: [email protected] Web: www.gtowerhotel.com 23 Ms Goh Chui Lang - Chief Operating Ofﬁ cer

20 May-June 2011

06781_BMCC_May_June 2011.indd 22 6/15/11 11:36 AM Exclusive Member Offers BMCC Membership Exclusive BeneÀ ts BMCC’s “Preferred Airline Partner” Etihad privileges for BMCC corporate members and their employees including: • Year round promotional advantages • CREDIBILITY: BMCC members are recognised as leaders in the business community • 10 percent discount on regular fares to selected destinations whole year round • ATTRACTIVE DISCOUNTS via vetted partners • Opportunity for your organisation to become a • EXPOSURE: via www.bmcc.org.my, Facebook and corporate partner with Etihad Airways to enjoy Twitter further privileges, in their proprietary corporate • NETWORKING: Multi-level Chamber events allowing you programme, such as: to meet other business leaders • Frequent Flier Matching Status • COMMUNICATE: BMCC Berita Magazine, our B2B • Negotiated rates for your corporate travel bi-monthly magazine is circulated to 2,500 business or home leave tickets leaders Call Su-Ann Lee on +603 2687 2211 • PROFILING: Promote your business by advertising in for a no obligation discussion on how Etihad BMCC Berita Magazine and on the BMCC website Airways can help save on your travel spend. • FREE REFERRALS: When potential customers contact the Chamber, we refer them only to Chamber members that provide the services being requested • ENHANCE YOUR BOTTOM LINE: Reduce costs, expand markets, access expertise and ﬁ nd new customers • ONLINE LISTING: Search engine optimised listing that BMCC’s “Ofﬁ cial Well-Being Partner” can be found easily on Google, Yahoo and others and can serve as a member’s web page. Malaysia’s leading internationally accredited medical facility. Located in the heart of Kuala • MEETING FACILITIES: Available to members for off-site meetings Lumpur and with over 150 medical experts under one roof, as a BMCC Member you are entitled to:. • TOUCH-DOWN SERVICE: Free for members of sister BiSEA [Britain in South East Asia] Chambers visiting KL Up to 30 percent discount on health screening packages and exclusive room upgrades

Not a member yet? Call Claire Sondaz Contact Winnie Ng on +603 2163 1784 on +603 4141 3000 ext 3061 or email [email protected] or email [email protected] to discuss the best package for you and your company

BMCC’s “Preferred Travel Partner” BMCC members can expect periodic promotional offers and exclusive year-long travel beneﬁ ts. Look out for deals to UK, Europe, US, Australia, New Zealand and South East Asia with discounts of up BMCC to 10 percent off rack rates (e.g. Trafalgar, Contiki, NETWORKING: Kiwiway, Princess Cruises etc). Multi-level Chamber events allowing you to Call the BMCC Member Travel Desk meet other business on Tel/Fax:+603 6286 6139 leaders Email: [email protected]

May-June 2011 21

06781_BMCC_May_June 2011.indd 23 6/14/11 2:25 PM Member News Sidhu Brothers Secures MPOB Licence For Transport of Palm Oil

Rawang based palm oil haulage company Sidhu Brothers has been awarded with the Malaysian Palm Oil Board licence to transport palm oil. Among the À rst À ve companies in the country to receive the licence, Sidhu Brothers operates a Á eet of over 120 palm oil and cement bulk tankers and has four depots across Peninsular Malaysia. The company also recently achieved ISO 9008 status. Sidhu Brothers key clients include; Sime Darby Plantations, Bell Group, United Plantations, Platinum Energy, Felda Iffco, Raub Oil Mill, Prosper Group and Holcim Malaysia.

StanChart KL Marathon To Raise Funds Crowne Plaza Wins Award For Six Local Charities As Best Employer In Malaysia This year’s Standard Chartered KL Marathon “Run For a Cause” Crowne Plaza Mutiara Kuala Lumpur has been awarded as a charity programme will channel funds raised to six organisations. top 10 winner in the Aon Hewitt Best Employers in Malaysia The National Autism Society of Malaysia; Yayasan Anak Warisan 2011 Awards. Receiving the accolade at a recent ceremony, Alam (YAWA); Malaysian AIDS Foundation; The Malaysian Association Charles Marshall, Area General Manager for IHG Malaysia for the Blind; National Cancer Society of Malaysia; and Standard and General Manager of Crowne Plaza Mutiara Kuala Lumpur Chartered Trust Fund will all beneÀ t with additional support from said, “These awards represent an excellent opportunity to a number of celebrities who will take part. celebrate our people practices and benchmark them against other great companies. The awards also reinforce our strong Aishah Sinclair, actress and television host, representing YAWA says, culture of employee engagement and the opportunities our “All proceeds from Run For a Cause will be channelled towards people have to “grow” in the right environment and deliver YAWA’s Greening the Future Forest Education project which helps our core purpose of Great Hotels Guests’ Love.” children understand the life-cycle of trees.”

Thanuja Ananthan, Miss World Malaysia 2009, representing the National Cancer Society of Malaysia, says, “For the second year running, I am dedicating my training and race participation to help À ght cancer and save lives.” www.kl-marathon.com

Sheraton Imperial Unveils New Meeting Level As Best Employer In Malaysia

CIMB Secures BSI Certiﬁ cate The Sheraton Imperial Kuala Lumpur Hotel has unveiled its latest meeting facility, For Continuity Management @M. Located on the mezzanine Á oor, the newly renovated meeting level comprises a spacious, casual lounge area with a central showcase buffet area, and three other informal seating and breakout areas. Four individual meeting rooms accessible CIMB Group has received the first British from the central lounge area, all fully equipped with the latest AV and internet Standards CertiÀ cation to be awarded in South facilities, plus an outdoor terrace complete the picture. East Asia for its treasury business continuity management. The BS 25999 certiÀ cation was The decor features conferred by the British Standards Institution soft natural timber and acknowledges the robust and systematic tones, colourful soft processes that the Group has put in place to furnishings and mood keep its treasury operations operating in times lighting to create a of emergency or unexpected circumstances. warm, inviting space. Dato’ Lee Kok Kwan, Deputy CEO of CIMB Natural light is a feature Group Treasury & Investments, said, “The during the day with Group Treasury Division is one of the most accent lighting and critical functions in any À nancial institution, chandeliers to create hence it is paramount to ensure that our an elegant ambience operations structure is resilient.” at night.

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06781_BMCC_May_June 2011.indd 24 6/14/11 2:25 PM Member News

Football Focus Spurs Tie-Up Masters Returns to Malaysia Football Focus has signed a four-year regional partnership deal with Tottenham Hotspur Training Development that will help develop Asia’s young football talent. The deal will see Tottenham’s Academy staff committed to travel to Asia as well as young talent getting the chance to train at the Tottenham Academy. Gavin O’Luanaigh, Chief Marketing OfÀ cer of Football Focus Asia said, “This will really open up a route for Asian talent to go to England and train with a top team.” In other news, the 2011 Masters Football Malaysia Cup Prudential Achieves Record Results saw a crowd of 7,000 fans experience an action-packed tournament Through High Productivity and Innovation with Liverpool Masters, Man Utd Masters, EPL All-Stars and for the À rst time in Masters’ history a Malaysian Masters team. The EPL All-Stars emerging as À nal champions sinking Man Utd Masters 3-2. Prudential Assurance Malaysia, part of insurance giant Prudential plc, achieved record results for 2010 with new For details on the Spurs Academy visit www.footballfocusasia.com business sales exceeding RM1 billion, an increase of 24 percent. CEO Charlie Oropeza said, “The high productivity of our agency force was a key factor in achieving this outstanding growth.” As of 2010, Prudential had more than 12,000 Wealth Planners and agents in Malaysia to support its business and to serve the needs of more than one million customers nationwide

The launch of new products, such as PRUmy child and PRUlink one, were also core to driving Prudential’s growth and accounted for 35 percent of total investment- linked insurance policy sales in 2010. Looking to 2011, Oropeza said the company would maintain its momentum by continuing to focus on enhancing its agency and partnership distribution channels, as well as extending the geographic reach of its distribution team.

HSBC Extends Branch Network Launches Asian 5Nations Coaching Tour

HSBC Bank recently opened its 42nd conventional branch, located in Mont Kiara, expanding the its network to 50 branches nationwide.

The Bank also recently launched its latest Premier Top Commercial Properties Centre at its Klang branch Opt For Flowcrete Deck-Coating to cater to the growing numbers of afÁ uent indivi- Several of KL’s newest commercial property dev- duals in the area. elopments have been given an upmarket À nish In other news, Team Ecovision of Taylor’s University College scooped the with Flowcrete’s seamless deck-coating system, Gold Award at the Malaysian À nals of the HSBC Young Entrepreneur Awards Deckshield. The refurbished car-park at the 2010-11. The Team developed a commercially viable proposal to produce eco- Intermark, home of the DoubleTree by Hilton, friendly softshell crabs which uses minimal land, ensures water hygiene and and the recently launched One KLCC are among a continuous supply of young crabs. the properties to beneÀ t from the hard-wearing system. The polyurethane resin formulation stands Elsewhere, the HSBC ARFU Rugby up well to the heavy wear and tear and dynamic Coaching Tour is fully underway, movement typically encountered in multi-storey engaging thousands of children car-parks, and to the harsh tropical conditions. across Asia to introduce them to CertiÀ ed with the Singapore Green Label in the rugby. HSBC is providing coach, Environmentally Friendly/Low VOC Paint category, education, kit and equipment to Deckshield is watertight, helping to protect ensure a sustainable legacy in the the fabric of the building. The light-reÁ ective community. The Coaching Tour will properties create a pleasant ambience while visit Malaysia in September. reducing energy consumption.

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06781_BMCC_May_June 2011.indd 25 6/14/11 2:25 PM Member News

Valiram Adds New Label With Michael Kors Store in KL

The Valiram Group will add the iconic Michael Kors label to its stable of luxury brands with a dedicated store scheduled to open at Pavilion KL in the 3rd quarter of 2011. Recognised worldwide as a pre-eminent designer for luxury accessories and ready to wear collections, Michael Kors EpsomHotel Istana College Unveils To Open Refurbished In Malaysia Ballroom stores are located in some of the Adding To Upgraded Facilities most prestigious cities in the world With Prep & Senior Schools including New York, Beverly Hills, Palm Beach, Chicago, London, Milan, Paris, Munich, Tokyo, Seoul, and Dubai. Epsom College in Malaysia, a premier British co-educational day school and boarding school, will be opening its doors on a 70-acre site at the Kuala Lumpur Education City in Bandar Enstek, Negeri Sembilan in September 2012. Offering the British education syllabus to its students, it caters for boys and girls from age 4 to 11 in a day-Preparatory School (to be located at a different site nearby to city centre KL) and 12 to 18 in the full-boarding Senior School up to Sixth Form (located at the campus in Bandar Enstek).

Gareth Eynon, Headmaster of Epsom College in Malaysia, says, “Epsom College prides itself on delivering an all-round education and learning experience, where students can expect to thrive in an environment of intellectual energy and achievements, balanced by a full spectrum of extra-curricular programmes in sport, art and design, music and drama.” www.epsomcollege.edu.my

FINNEGAN’s Charity Fund-Raiser Ey_BClass_BMCC_210x148_V3.ai 1 26/04/2011 12:04 Helps Haemodialysis Patients

FINNEGAN’S Irish Pubs & Restaurants ran its annual charity programme recently at all outlets in Kuala Lumpur and the newly opened Straits Quay, Penang.

With SSL Haemodialysis Centre as the elected beneÀ ciary of monies raised, the programme titled “FUNdraising with FINNEGAN’S” set the target of raising RM10,000 in donations through the sales of Fish & Chips meals nationwide.

SSL Haemodialysis Centre provides subsidised dialysis treatments to poor and underprivi- leged patients. It is reliant on government subsidies and public donations to operate its two centres located in Petaling Jaya and Puchong, Selangor.

Shell Donates RM1 Million For Road Safety Santa Fe To Acquire Interdean Programme Extending Global Network & Portfolio

Shell Malaysia marked Santa Fe has entered into an agreement to acquire Interdean, its contribution to Europe’s leading moving and relocation services company. national road safety With headquarters in London, Interdean offers relocation efforts in Malaysia and move management services from 48 ofÀ ces with 1,200 with the symbolic employees in 35 countries across Western/Eastern Europe, handover of RM1 Russia and Central Asia. million to the Deputy Minister of Transport. The cheque presentation The collective company will offer professional moving, ceremony was part of a major Road Safety Dialogue event with key relocation and records management services through 120 stakeholders. ofÀ ces in 50 countries. Combining Interdean’s extensive The RM1 million goes towards running the Shell TrafÀ c Games in network with the existing Santa Fe and Wridgways networks Peninsular Malaysia, Sarawak and Sabah. Now in its 54th year, throughout Asia-PaciÀ c and the Middle East will provide the iconic event is one of Shell’s longest running corporate social a single source solution to customers and partners across responsibility programmes with 40,000 students expected to take three continents. Santa Fe CEO Lars Lykke Iversen said the part. Teams from schools compete against each other in a series of two companies have been close partners for several years practical and theoretical sessions. and the merger is therefore a natural À t.

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06781_BMCC_May_June 2011.indd 26 6/14/11 2:25 PM Member News

New Consultant Joins Plus Three Team Lee Jo Hsen has joined Plus Three in Malaysia as a Consultant. Graduating with a Master’s Degree from Imperial College London, Lee spent À ve years in the Middle East on the construction of the New Doha International Airport, where his technical knowledge of M&E works was deployed in contract risk management, planning, claims justiÀ cation and defence. His construction experience includes work with owners/developers and contractors on industrial, medical & commercial facilities. CIMA & Tesco Sign Partnership For Finance Graduate Trainee Programme Pentasoft Rebrands As Aetins Launches New Logo RM1 million has been earmarked by Tesco Stores Software company Pentasoft Malaysia Sdn Bhd has rebranded under a new Malaysia for its Finance Graduate Trainee Programme name - AETINS Sdn Bhd. An MSC Malaysia status company, AETINS is an as part of the Tesco and CIMA partnership to develop Insurance Software Solution Provider with a core focus on the Insurance local talent through training and development. (Conventional) and Islamic Insurance (Takaful) industry. Headquartered CIMA and Tesco signed a Memorandum of Understanding in Petaling Jaya, Malaysia, AETINS also operates in Shah Alam I-City and recently to formalise the collaboration and to date Hyderabad, India. over 20 Tesco staff are pursuing the CIMA programme. The decision to rebrand was prompted by considerable regional growth in According to Sean Wilkins FCMA, Tesco Malaysia recent years and the desire to fully utilise its resources and capabilities Finance Director, “We offer excellent development more effectively. Mr. Kuppusamy, CEO and Foun- opportunities which include extensive training so that der of AETINS said, “Our mission is to educate our staff may progress to take on greater roles. It’s people on the need to insure and help insurance all part of a wider vision to elevate À nance from a companies continuously innovate to reach and control function to become leaders of the business.” insure more people.” Helping to Insure

Ey_BClass_BMCC_210x148_V3.ai 1 26/04/2011 12:04

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06781_BMCC_May_June 2011.indd 27 6/14/11 2:25 PM Intellectually Streaking A Right Royal Affair

By Datuk Paddy Bowie, OBE

e are forcibly reminded by the History of Art Class. They À rst started stepping half the royalty of the modern world. Britain recent Royal Wedding of the special out together openly in 2003. Inevitably they provided the role model and the precedent Wrelationship that still unites Britain attracted media attention being À rst pictured Malaysia the innovation with our charming and Malaysia both countries have and rejoice together on the ski slopes of Klosters in March custom of À ve-year kings a unique system in a system of monarchy. The media frenzy in 2004. of rotation. the weeks and days leading up to and following the big event was unparalleled even the It began to be ofÀ cial when Kate’s parents Today there are 44 nations with royalty 16 of Malaysian media caught the ‘bug’ with Astro were invited to a private shooting party at which are Commonwealth countries. Some are airing numerous exposés on hitherto unknown Balmoral. Shortly after this, Prince William absolute monarchies like nearby Brunei. The corners of British royal circles! formally proposed on a romantic safari holiday ruler is variously called “King” (or “Queen”); in Kenya. To pop the question, he chose a “Emperor” as in Japan, and addressed as “Your The ceremony - watched my millions around remote log cabin accessible only by helicopter. Majesty” or “His - or Her - Royal Highness”. the world - took place in Westminster Abbey There by the “warm À res and candlelight” with its 1,000 year history, bringing the to quote the visitors’ book, he placed on Women can be Queen Regnant in their own number of royal weddings held there to 39. her À nger his late mother’s ring, a dazzling right or Queen Consort as the wife of a ruler. However, this was one with a difference. oval 18-carat sapphire ring surrounded by The position is hereditary and continuity Prince William has married a commoner Kate diamonds that Prince Charles had bestowed is assured as in the popular phrase “The Middleton now being increasingly dropped by on Diana in 1986. It must have been a very King is dead Long live the King or Queen”. royal-watchers in favour of the more formal poignant moment. Their power is sometimes backed by military and ‘proper’ Catherine. might as in Thailand, Saudi Arabia and As a very modern engagement, there are many Japan. Although at present we are seeing the facets in contemporary mode. William had autocratic rulers, including the royal ones in “There is still a deep two stag nights. A lavish bash in London and the Middle East, under threat. respect and reverence in a risqué night out in South Africa’s burlesque club the latter, a celebrity haunt named the Royalty is protected by the widely accepted both our countries for the Pig’s Ear, one of William’s favorite drinking “Divine Right of Kings”. In countries like Japan, the Emperor is seen as the living God. institution of monarchy holes. Before this, he had met up with his best pals from the RAF and the Polo Club at the Napoleon declared himself the Emperor of the and between us, we Mahiki nightclub in Mayfair, then off to Cape French after seizing power. In Britain, the King or Queen is the “Defender of the Faith”. In represent some of the most Town. His sojourn there included an evening at the risqué Vaudeville Club featuring corset Malaysia, the Rulers are the Head of Islam in outstanding examples of attired chorus girls with Á ame throwers and their respective state. royalty.” acrobatics! However, many countries have abolished We seem to have come a long way from the their monarchies. The American Revolution in 1776 threw out the concept of royalty. There were also other modern touches. The formal constraints on members of the royal family in bygone days. The French Revolution sent its King and the bride and her father arrived by car - not aristocracy to the guillotine. And we nearly the traditional coach and horses. There There is still however a deep respect and lost the monarchy in England when Charles I were trees in Westminster Abbey! After the reverence in both our countries for the was executed by Cromwell in 1649. ceremony, the happy couple travelled in an institution of monarchy - as we shall be open carriage procession through Parliament reminded here shortly with the Agong’s Only three elective monarchies exist in Square, Whitechapel, Horse Guards Parade birthday coming up. Between us, we represent today’s world and Malaysia is one of them. and the Mall. A time honoured route. some of the most outstanding examples of The Conference of Rulers meets in secret royalty. Queen Elizabeth is Head of State not conclave like electing the Pope and chooses “Waity Katy” became the nickname for the Yang di Pertuan Agong - “he who is the bride since it took eight years to reach just of the UK but of all the countries in the Commonwealth. supreme amongst us”. The custom was taken this formal solemnisation of the couple’s from Negeri Sembilan where the ruler is the relationship. They were college sweethearts Malaysia on the other hand has the largest Yang di Pertuan Besar, selected by the Undangs who met at St. Andrew’s University in number of kings, one in nine States plus an or ruling Chieftains. September 2001, when they were both in the overall Agong, representing between them Continued on Page 30

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06781_BMCC_May_June 2011.indd 28 6/14/11 2:25 PM Special Report IB vs A-Level:

appreciate breadth, some like contact time in Which will help lessons, some are more indecisive than others. Some students might be better served by your child shine? A-levels in order to get into their chosen university on their chosen course. It’s important to bear in mind that a genuine Gilbard Honey-Jones, Headmaster Oxbridge prospect will have a better chance of ‘making the grades’ at A-level but a better The British School of Kuala Lumpur chance of proving their worth at IB.

The IB’s popularity with some uni- s one who has witnessed students versities is the result of several fact- struggle through the International Bacca- ors: it suffers less grade inÁ ation than A laureate - the IB - and watched others A-levels and prepares students well enjoy the same syllabus, I have mixed views for university. IB students who have on the argument. Is there really a superior gone on to university tell me that they choice between A-levels and the IB? Is the are better prepared and do not À nd IB, as some schools and heads of sixth form it as difÀ cult to adjust as their new would have us believe, the “new black” in friends with A-levels. education? Are A-levels really a near-obsolete route to university? My own daughter did A-levels and her timetable required a dedicated focus Universities apparently love the IB: the new to very mature levels - the IB allows gold standard to guaranteed entry, which less timetable space than A-levels, seems appealing when you remember the rush by about À ve lessons a week. The for clearing places. Contrary to what people curriculum, with its extended essay, that he should have moved school to take think, when it comes to applying to university, world literature and theory of knowledge A-levels, where he could have concentrated there is not much difference between the IB components, means that she handles an on pursuing engineering, which is what he and A-level programmes. enormous amount of research across a broad knew he wanted to do. spectrum. In light of the conÁ icting views, supporting His sister, an all-rounder, coped competently a child through their choice can be very Dr Geoff Parks, Director of Admissions at with Spanish, Biology, Maths, English, Art and confusing. I know of one case which put Cambridge, commented last year that when it Anthropology. She had no idea what she wants a family in conflict. The son went to an came to tutors making decisions on borderline to do: teach English? Become an art critic? international school where there was no applicants, students taking the IB stood a An archaeologist, or an aid worker in South choice but to do the IB, which was sold as better chance than their A-level counterparts America? So left her options wide open, as the “best choice”. In hindsight, the family “because the IB differentiates better than reÁ ected in her IB choice. thinks it was a mistake. An IB student A-level; if we are hesitating about making takes six subjects: three at higher level The IB is more about an ethos of an educational an offer at all, we would be more likely and three at standard, which must include style, while A-levels place more emphasis on to make an offer to an IB student than an maths, a science, English, and at least one individual subject knowledge. This is not to A-level student,” he explained. But the recent foreign language. The Theory of Knowledge say that the IB lacks academic rigour. The introduction of the A* grade at A-level “has component is also added. three higher-level subjects will be demanding, given us a mechanism by which we can resolve and will take the pupil to a high level of doubt in the same way we have always been Words were not the boy’s strength but science knowledge. able to do for IB students.” and maths were. The language component (including the obligatory 4,000-word extended Top universities making offers to IB students The Times Educational Supplement had essay) pulled his À nal mark down. He believed place emphasis on the overall score, and the following to say: “A new points tariff on the scores attained at HL (higher level). announced by UCAS made a relatively modest However, if the IB really hasn’t worked for IB score of 35 points (out of a maximum of a student, his or her overall score might be 45) equivalent to four and a half A grades seriously compromised by low grades in one at A-level. An IB score of 38 was deemed to subject that drag down the whole result. be equivalent to À ve As at A-level. Oxford There needs to be an acknowledgement that and Cambridge typically ask for 40 points, pupils aiming for degrees in the sciences, equivalent to À ve and a half A grades. Even maths, or subjects with a high science 30 IB points is judged equivalent to three and content, such as engineering or medicine, are a half A’s at A-level, sufÀ cient to secure.” better off doing A-levels. (Times Educational Supplement March 2009.)

How does one advise a student, when faced These statistics would seem to sustain the with the arguments that one route is deÀ nitely argument that, schools that acknowledge and the safer to a coveted university place? Is support different sorts of children through one choice better for some children than different syllabuses end up doing what pupils others? Yes and for many reasons. Some pupils need: help them secure a place at university.

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06781_BMCC_May_June 2011.indd 29 6/14/11 2:25 PM editorial_F.ai 1 6/14/11 9:02 AM

Pioneers In Healthcare Gleneagles Kuala Lumpur has been at the forefront of healthcare growth both in Malaysia and the region, and specialises in service to patients

On the subject of facilities, ever since its establishment in 1996, the management of alaysia is today regarded as one Gleneagles Kuala Lumpur has operated a strict Mof the world’s most progressive nations in the policy which demands that state-of-art development and growth of health tourism.And equipment, technology and related facilities are from the beginning, Gleneagles Kuala Lumpur standard at all times. has been at the forefront of this development, This, together with its pioneering healthcare especially in pioneering healthcare services programmes and patient services, has resulted and programmes designed to meet the special in Gleneagles Kuala Lumpur being very much needs and requirements of foreign patients. the first-choice health and medical institution in This programme takes into account much more the region. than just the medical treatment involved - for Gleneagles Kuala Lumpur is dedicated to which Gleneagles Kuala Lumpur has a providing high-quality healthcare from its friendly long-established and internationally respected and professional staff. They meet that standard reputation. through changes in advanced procedures and It begins with a warm, smiling welcome which upgrading technology using state-of-the-art arises naturally from the Gleneagles’ philoso- medical equipment to produce results that are of phy that the patient comes first at all times. high accuracy. Attention is paid to every detail including the They have invested in high-end cutting edge varied social, language and culinary aspects. equipment to provide the safest care for its Gleneagles Kuala Lumpur is situated in a quiet patients. Gleneagles Kuala Lumpur has also ‘In the arms of one who cares’ but prime location just minutes from the Kuala gained international acclaim through its Six Lumpur City Centre (and its world famous Twin Centres of Excellence i.e. Urology Centre, Towers). This offers easy access to a wide Women & Children Centre (Obstetrics & Gynae- choice of internationally renowned hotels, and cology), Neurosurgery Centre (Brain & Spine), means that family and friends can be nearby, Cardiac Centre (with cardio-paediatric Where: 286, Jalan Ampang able to enjoy unbeatable accommodation sub-specialties), Trauma, Joint Replacement & 50450 Kuala Lumpur prices, and all the wonderful facilities and Spine sub-specialties Centre and Orthodontic, Tel: 603-4141 3000 amenities that this truly global city offers. Oral & Maxillofacial Centre. Web: www.gleneagleskl.com.my

For the publication of BERITA BMCC only

28 May-June 2011

06781_BMCC_May_June 2011.indd 30 6/14/11 2:25 PM Trade Talk 19th BMCC-JPA Programme Gets Into Full Swing

module led by The University of Nottingham (Malaysia Campus). Themed “Creativity and Innovative Work Culture A Catalyst to Performance Excellence”, the module looked at building a strategic mindset of he 19th JPA-BMCC Management Devel- performance excellence in organisations. opment Programme swung into gear Sessions included understanding consumers Twith an ofÀ cial launch in March 2011 Following their graduation from the business where 13 senior civil servants from various module, the participants left for a three week government departments met with their overseas attachment in the UK to be followed respective reporting managers from the BMCC by further attachments at their host company member companies taking part. in Malaysia.

Among the companies involved are Standard The participants will prepare a project Chartered Bank Malaysia, The University of presentation based on their secondment, Nottingham (Malaysia Campus), HSBC Bank highlighting the key factors that make those Malaysia, BP Asia PaciÀ c, TESCO Stores, BAE companies successful in Malaysia. Systems, Plus Three Consultants and Accenture The main findings of these projects are Management Consulting. As highlighted by expected to form a brieÀ ng document to several of these companies, the Programme the Malaysian government on what Inward provides a unique opportunity for senior investors look for when evaluating investment civil servants to gain a perspective on the destinations. international private sector from the inside. and managing the service environment, Following the one-week preparatory course learning organisations and empowerment at INTAN, the participants began their À rst for an innovative work culture; creativity attachment module of four weeks as a in thinking & communication, strategies for secondee at their host company. This was innovation and organisational culture for followed by a two week business management creativity and innovation.

May-June 2011 29

06781_BMCC_May_June 2011.indd 31 6/14/11 2:25 PM Social Scene Celebrating Women MCC teamed up with Official Well- As if that wasn’t enough, Being Partner Gleneagles Kuala Lumpur the highlight of the after- Bto hold a very special event for women noon was the official marking the Centenary Year of International launch of the event by Women’s Day. Held at Gleneagles KL and Malaysian pop princess themed in the colour purple, a group of Datuk Siti Nurhaliza, also a successful business extraordinary women from KL’s community woman in her own right. gathered for a high-tea afternoon to hear from three ladies who have excelled in their À eld.

Datuk Beatrice Nirmala Adaikalaraj, Editor-In-Chief, International Business Review & Passions Magazines, who wowed the crowd with her glamour and style; Datuk Paddy Bowie OBE, well-known political analyst, writer & MD of Paddy Schubert, whose witty anecdotes had everyone in fits of laughter; and Dr. Nor Hamidah Mohd Salleh, Malaysia’s leading Psychiatrist Gleneagles also announced its of Gleneagles KL who spoke with series of ‘Wellbeing Tea-Talks’ candour about how to tackle issues that will be led by women to that many women face. support and enrich women’s lives.

Log on to www.bmcc.org.my for details NEWSFrom The British Malaysian Society Continued from Page 26 A Right Royal Affair But in the gracious Malay culture they share s the long running tide of obsession of the Chambers and not with a handful of power.The Agong steps down after À ve years with the EU beginning to turn? A note hypocritical À nger-wagging bureaucrats. to give other rulers a turn. from an MEP in Brussels indicates that I The BMS is involved in so much of late that perhaps it is. “The most enjoyable meeting Women of royal lineage have been eligible a special newsletter was issued recently I attended was that of the Commonwealth for the throne from the days of ancient listing the various upcoming events. Two Parliamentary Association. There were 31 Egypt, over 3,000 years ago. Europe provides of these stand out. Commonwealth nations represented, four the up-to-date role model. Sweden was more than from the EU, from Anguilla, (pop Firstly, the Malaysia/UK Partnership Dia- the À rst European Monarchy to grant equal 13,500) to India (pop 1.2 billion). logue, this year due to take place in London primogeniture to the daughter as well as the in mid-July, and secondly The Royal Weaves son in 1980, the Netherlands in 1983, Norway “Yet not one translator was needed as we Project. in 1990 and Belgium in 1991. share the same language as well as the same parliamentary, constitutional, legal This extraordinary exhibition of kain The world’s longest reigning monarch is King and other traditions. It made me even songket of Terengganu, kain tenun di Bhumibol Adulyadej of Thailand who has been more determined to get the UK out of the raja of Pahang, and tekat embroidery of on the throne since 9th June 1946. Most of EU and back into the real world, AND save Perak, is taking place this June in London the power today is exercised by an elected the treasury £46 million a day.” at the Prince’s School of Traditional Arts. Government but the monarch retains the prerogative of royal assent and the power On the same bureaucratic theme, there has There is also a talk at Asia House, and a of pardon. been much hufÀ ng and pufÀ ng recently on charity dinner at the Draper’s Hall. the role of HRH the Duke of York as Britain’s For more about the BMS, contact: I’d like to end with a tribute to the English Special Trade Representative. Trade monarchy. They are good people they don’t KL: Roselyn Chuah Cheng Hong Missions of which HRH is a strong supporter go chopping people’s heads off. In fact during Tel: +603 7728 2249 are organised mainly by Chambers of the Blitz in the World War II, when the King Commerce so let us hope that any decisions UK: Dato’ Neville Green stayed with his people in London during the on such matters remain under the purview Tel: +44 20 7930 9118 bombing, someone once shouted to him: “You www.thebritishmalaysiansociety.org are a bloody good King”. His response? “You are a bloody good people”!

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