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Tuesday, March 11, 2014
Missing Malaysia plane last seen at Strait of Malacca: Source
Missing Malaysia plane last seen at Strait of Malacca: Source
The plane is believed to have flown for more than an hour after vanishing from air traffic control screens, says senior military source
PUBLISHED: MARCH 11, 6:53 PM UPDATED: MARCH 11, 7:49 PM (PAGE 1 OF 1) - PAGINATE
KUALA LUMPUR — The Malaysian military believes an airliner missing for almost four days with 239 people on board flew for more than an hour after vanishing from air traffic control screens, changing course and travelling west over the Strait of Malacca, a senior military source said.
Malaysian authorities have previously said flight MH370 disappeared about an hour after it took off from Kuala Lumpur for the Chinese capital Beijing.
At the time it was roughly midway between Malaysia’s east coast town of Kota Bharu and the southern tip of Vietnam, flying at 35,000 ft (10,670m).
“It changed course after Kota Bharu and took a lower altitude. It made it into the Malacca Strait,” the military official, who has been briefed on investigations, told Reuters.
The Strait of Malacca, one of the world’s busiest shipping channels, runs along Malaysia’s west coast.
Earlier today (March 11), Malaysia’s Berita Harian newspaper quoted air force chief Rodzali Daud as saying the Malaysia Airlines plane was last detected by military radar at 2.40am on Saturday, near the island of Pulau Perak at the northern end of the Strait of Malacca. It was flying at a height of about 9,000m, he was quoted as saying.
“The last time the flight was detected close to Pulau Perak, in the Melaka Straits, at 2.40 am by the control tower before the signal was lost,” the paper quoted Mr Rodzali as saying.
A non-military source familiar with the investigations said the report was being checked.
“This report is being investigated by the DCA (Department of Civil Aviation) and the search and rescue team,” the source said. “There are a lot of such reports.”
The time given by Mr Rodzali was an hour and 10 minutes after the plane vanished from air traffic control screens over Igari waypoint, midway between Malaysia and Vietnam.
There was no word on what happened to the plane thereafter.
If the reports from the military are verified, it would mean the plane was able to maintain a cruising altitude and flew for about 500km with its transponder and other tracking systems apparently switched off.
Malaysia has extended the massive search operation for the plane to the Malacca Strait after initially focusing on the South China Sea.
REUTERS
- wong chee tat :)
The plane is believed to have flown for more than an hour after vanishing from air traffic control screens, says senior military source
PUBLISHED: MARCH 11, 6:53 PM UPDATED: MARCH 11, 7:49 PM (PAGE 1 OF 1) - PAGINATE
KUALA LUMPUR — The Malaysian military believes an airliner missing for almost four days with 239 people on board flew for more than an hour after vanishing from air traffic control screens, changing course and travelling west over the Strait of Malacca, a senior military source said.
Malaysian authorities have previously said flight MH370 disappeared about an hour after it took off from Kuala Lumpur for the Chinese capital Beijing.
At the time it was roughly midway between Malaysia’s east coast town of Kota Bharu and the southern tip of Vietnam, flying at 35,000 ft (10,670m).
“It changed course after Kota Bharu and took a lower altitude. It made it into the Malacca Strait,” the military official, who has been briefed on investigations, told Reuters.
The Strait of Malacca, one of the world’s busiest shipping channels, runs along Malaysia’s west coast.
Earlier today (March 11), Malaysia’s Berita Harian newspaper quoted air force chief Rodzali Daud as saying the Malaysia Airlines plane was last detected by military radar at 2.40am on Saturday, near the island of Pulau Perak at the northern end of the Strait of Malacca. It was flying at a height of about 9,000m, he was quoted as saying.
“The last time the flight was detected close to Pulau Perak, in the Melaka Straits, at 2.40 am by the control tower before the signal was lost,” the paper quoted Mr Rodzali as saying.
A non-military source familiar with the investigations said the report was being checked.
“This report is being investigated by the DCA (Department of Civil Aviation) and the search and rescue team,” the source said. “There are a lot of such reports.”
The time given by Mr Rodzali was an hour and 10 minutes after the plane vanished from air traffic control screens over Igari waypoint, midway between Malaysia and Vietnam.
There was no word on what happened to the plane thereafter.
If the reports from the military are verified, it would mean the plane was able to maintain a cruising altitude and flew for about 500km with its transponder and other tracking systems apparently switched off.
Malaysia has extended the massive search operation for the plane to the Malacca Strait after initially focusing on the South China Sea.
REUTERS
- wong chee tat :)
UOB TO CHARGE FOR CASH DEPOSIT
UOB TO CHARGE FOR CASH DEPOSIT
10 March, 2014
by Donavan Lim
From 1 April 2014, United Overseas Bank (UOB) depositors making the sixth over-the-counter (OTC) cash deposit/withdrawal transaction of S$3000 and below will have to pay a flat fee of S5 per transaction.
“I will not be inconvenienced by the new rules as I do not made cash deposit in person, however, I think small-time business could be affected,” said Business Executive Mr Lai.
For immediate counting of bulk cash deposit with regard to current accounts, the fee for the first S$25,000 will be waived.
A charge of 0.1 per cent, (subject to minimum S$10) with be charged for subsequent amount above S$25,000.
Previously, a flat fee of S$50 was levied for bulk cash deposit into current account.
Similarly, for deferred counting of bulk cash deposit into current account, the fee for the first S$25,000 will be waived.
However, a charge of 0.05 per cent, (subject to minimum S$5) with be charged for subsequent amount above S$25,000.
The OTC fees are designed to encourage more customers to use the many fee-free self-service options available and shorten the waiting times for customers who use the branch services, says UOB.
- wong chee tat :)
10 March, 2014
by Donavan Lim
From 1 April 2014, United Overseas Bank (UOB) depositors making the sixth over-the-counter (OTC) cash deposit/withdrawal transaction of S$3000 and below will have to pay a flat fee of S5 per transaction.
“I will not be inconvenienced by the new rules as I do not made cash deposit in person, however, I think small-time business could be affected,” said Business Executive Mr Lai.
For immediate counting of bulk cash deposit with regard to current accounts, the fee for the first S$25,000 will be waived.
A charge of 0.1 per cent, (subject to minimum S$10) with be charged for subsequent amount above S$25,000.
Previously, a flat fee of S$50 was levied for bulk cash deposit into current account.
Similarly, for deferred counting of bulk cash deposit into current account, the fee for the first S$25,000 will be waived.
However, a charge of 0.05 per cent, (subject to minimum S$5) with be charged for subsequent amount above S$25,000.
The OTC fees are designed to encourage more customers to use the many fee-free self-service options available and shorten the waiting times for customers who use the branch services, says UOB.
- wong chee tat :)
Reverse Mortgage
Definition of 'Reverse Mortgage'
A type of mortgage in which a homeowner can borrow money against the value of his or her home. No repayment of the mortgage (principal or interest) is required until the borrower dies or the home is sold. After accounting for the initial mortgage amount, the rate at which interest accrues, the length of the loan and rate of home price appreciation, the transaction is structured so that the loan amount will not exceed the value of the home over the life of the loan.
Often, the lender will require that there can be no other liens against the home. Any existing liens must be paid off with the proceeds of the reverse mortgage.
Often, the lender will require that there can be no other liens against the home. Any existing liens must be paid off with the proceeds of the reverse mortgage.
- wong chee tat :)
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