Saturday, July 27, 2024

Which Type of Mask Shields Your Lungs From Wildfire Smoke the Best?

Senior sitting on a bench while looking at wildfire smoke in Vancouver, British Columbia, Canada
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The smoke from recent wildfires in the Western U.S. is not the first example of such pollution in 2024 — and it is unlikely to be the last. Wildfire smoke can be hazardous for those who have specific health conditions, and it really isn’t good for anyone. It contains particles small enough to get lodged deep in your lungs — which have been linked to health problems ranging from asthma attacks to…



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‘Especially Toxic for the Brain’: Wildfires Tied to Higher Dementia Risk

The Silverado wildfire in Orange County, California, in 2020
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Research has shown that air pollution is linked to increased dementia risk. Now, researchers have found two particular forms of pollution are linked to rising dementia rates over time. Emissions from wildfires as well as agricultural activities are “robustly associated with greater rates of dementia,” according to a study published in JAMA Internal Medicine, a journal of the American Medical…



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Friday, July 26, 2024

Can You Live Happily in Retirement With Just 66% of Your Work Income?

Older couple working on a budget
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Contrary to what many financial planners suggest, you can live on a lot less than 100% or even 80% of your pre-retirement income. In fact, a survey by T. Rowe Price of new retirees who have 401(k) account balances or rollover IRAs found that you can live comfortably on a lot less. The report suggests that nearly three years into retirement, the majority of retirees are living on just 66%



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Thursday, July 25, 2024

8 Common and Costly Home Shopping Myths, Debunked

Couple with a real estate agent
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Buying a home is a complicated financial transaction, so it’s no surprise that there are quite a few myths that surround homebuying. Unfortunately, these common beliefs can cost you money or prevent you from getting a home. Before starting house hunting, make sure you aren’t falling prey to the following misconceptions.



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Price index of cement higher in June: DoSM

PUTRAJAYA: The unit price index of cement recorded in June this year increased between 0.1% and 2.1% in Peninsular Malaysia, Sabah, and Sarawak.

The highest increase was in Selangor, Kuala Lumpur, Malacca, and Negri Sembilan (2.1%), followed by Pahang (1.6%) and Kuching (0.1%), according to a report entitled Special For Building And Structural Works released by the Department of Statistics Malaysia (DoSM).

In a statement, Chief Statistician Datuk Seri Dr Mohd Uzir Mahidin said the aggregates’ unit price index registered an increase between 0.4% and 0.6% for almost all areas in June 2024 compared to the previous month.

The highest increase was recorded in Penang, Kedah, Perlis and Kota Kinabalu (0.6% respectively).

Mohd Uzir also mentioned that the monthly comparison showed a slight increase in the unit price index of steel for several areas.

The highest increases were in Sibu (0.4%), Kota Kinabalu (0.2%), and Penang, Kedah, and Perlis (0.1%).

Meanwhile, the unit price index of materials decreased in Selangor, Kuala Lumpur, Malacca and Negri Sembilan (-0.8%), followed by Terengganu & Kelantan (-0.1%).

The monthly comparison of steel and metal sections showed that the unit price index remained unchanged in June 2024 in Peninsular Malaysia, Sabah, and Sarawak.

However, there was a slight decrease in these materials’ price index in Penang, Kedah and Perlis (-0.7%), followed by Kuching (-0.6%) and Kota Kinabalu (-0.2%).

An annual comparison for the period of June 2023 and June 2024 showed that the unit price index of cement increased between 0.4% and 4.7% for all areas in Peninsular Malaysia, Sabah and Sarawak.

The highest increase was recorded in Selangor, Kuala Lumpur, Malacca and Negri Sembilan (4.7%), followed by Tawau (2.2%), Penang, Kedah and Perlis (2%) and Pahang (1.6%).

An annual comparison of the average price per unit of steel decreased from -0.1% to -5.3% in June 2024 compared to the same month last year for almost all areas in Peninsular Malaysia, Sabah and Sarawak.

However, the material price index increased slightly in Kuching (0.5%) and Johor (0.7%).

Mohd Uzir elaborated that the average price of cement (Ordinary Portland) recorded a marginal increase (0.3%) with an average price of RM23.10 per 50kg bag as compared to May 2024 (RM23.04 per 50kg bag).

Meanwhile, the average price per unit of steel, consisting of mild steel round bars and Mycon 60 high tensile deformed bars, remained unchanged compared to May 2024, with an average price of RM3,730.49 per tonne.

In June 2024, the month-on-month BCI with steel bars for all building categories increased between 0.1% and 2% for almost all areas in Peninsular Malaysia.

The highest increase was in Selangor, Kuala Lumpur, Malacca and Negri Sembilan for the timber piling category (2%).

However, there was a slight decrease between -0.1% to -0.3% for BCI with steel bars for several building categories in Johor, Terengganu and Kelantan.

BCI with steel bars in Sabah also showed a slight increase of 0.1% for almost all building categories in Kota Kinabalu and Tawau.

Meanwhile, the index for almost all other building categories in Sandakan remained unchanged.

A monthly comparison of BCI with steel bars in Sarawak registered a slight decrease between -0.1% to -0.2% in June 2024 for almost all categories of buildings in Kuching.



Source: The Sun Daily

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Wednesday, July 24, 2024

4 Senior-Friendly Havens in Europe

Beach near Saint-Tropez, on white sandy beach of French Riviera, France
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American retirees looking to move overseas often wonder how they’ll be regarded in their new home abroad. I’ve recently earned senior status myself in many countries, and from my vast anecdotal understanding to my own newly acquired experience, I can assure you that you have nothing to worry about as a senior moving overseas. In fact, just the opposite. You’ll find that as a senior in many…



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10 Surprising Facts About Starting a Business Later in Life

Small business
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You might be surprised by the facts of being an entrepreneur after 50! Financial success later in life is FAR more common than you might think. Can you guess which of the following statements are fact and which are fiction?



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Naico Malaysia in tie-up with Dassault Systemes Singapore and Feiran Technology

PETALING JAYA: National Aerospace Industry Corporation Malaysia (Naico Malaysia), Dassault Systemes Singapore Pte Ltd (DSSE) and Feiran Technology Sdn Bhd have signed a memorandum of understanding (MoU) during the Farnborough Airshow in the United Kingdom.

The partnership aims to drive innovation and transformation within the Malaysian aerospace industry through the implementation of state of-the-art digital solutions.

The MoU outlines a comprehensive collaboration between Naico Malaysia, DSSE, and Feiran Technology Sdn Bhd, focusing on several key initiatives designed to enhance the competitiveness and capabilities of Malaysia’s aerospace sector.

Among these initiatives is the development of the Aerospace Laboratory ‘3D Visualisation Lab’, which will serve as a cornerstone for the National Aerospace Centre of Excellence Project. This lab will leverage cutting-edge technologies such as robotics, automation, and virtual-augmented-mixed reality to foster a globally competitive aerospace industry in Malaysia.

Another significant component of the collaboration is the Malaysia Aerospace Digital System (MADS), an ambitious project aimed at digitising the local aerospace ecosystem. MADS will facilitate the transformation of the supply chain, MRO operators, and meet OEM requirements through a robust digital framework incorporating machine learning, cybersecurity, and seamless ERP integration.

This MoU marks an important milestone for Dassault Systèmes in its support towards the Malaysian aerospace industry and government officials. The 3DEXPERIENCE platform provides organisations with a holistic and real-time vision of their business activity and ecosystem.

Endorsed by the world’s largest plane manufacturers, Naico Malaysia is convinced that the 3DEXPERIENCE platform will significantly benefit local companies with the tools for design, engineering and simulation, together with the necessary training of its workforce. These companies will be able to find out how key stakeholders across the aerospace value chain can use the 3DEXPERIENCE platform to collaborate better and optimise their supply chains.

“We are excited to be a part of this journey with Naico Malaysia as they take a significant step towards positioning Malaysia on the global stage. Given the capabilities of our 3DEXPERIENCE platform, we are confident it will serve as an important link between the industry players, government agencies and academia in strengthening the capabilities of

Malaysian aerospace companies,” said Dassault Systèmes executive vice resident, Asia Samson Khaou.

Naico Malaysia CEO Shamsul Kamar Abu Samah said the MoU marks a pivotal step in their journey to position Malaysia as a regional aerospace hub.

“Through our collaboration with Dassault Systemes and Feiran Technology, we are committed to harnessing digital innovations to elevate our aerospace industry to new heights. We are confident that these initiatives will significantly contribute to our goals outlined in the Malaysian Aerospace Industry Blueprint 2030 and the 12th Malaysia Plan,” he added.

The MoU includes the establishment of the Naico Industry Training Centre, which will position Naico Malaysia as a certified training hub for Dassault Systemes’ 3DEXPERIENCE Platform. This centre aims to foster innovation and training excellence within the Malaysian rapidly evolving industry.

The signing ceremony during the Farnborough Airshow underscores the global significance of this partnership and the shared vision of Naico Malaysia, DSSE and Feiran Technology Sdn Bhd to advance the aerospace industry through digital transformation and innovation.

Naico Malaysia is an agency under the Malaysian Ministry of Investment, Trade and Industry, with a mandate to develop and position Malaysia as the preferred aerospace economy in Southeast Asia, and an integral part of the global aerospace value chain by 2030.



Source: The Sun Daily

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Nefab expands, opens packaging manufacturing facility in Penang

PETALING JAYA: Nefab, a sustainable packaging and logistics solutions company, opened a packaging manufacturing plant in Batu Kawan, Penang, to revolutionise the semiconductor equipment industry with innovative, safe, and environmentally conscious packaging solutions.

The new 25,500 sq ft facility is anticipated to generate up to 50 new jobs, including opportunities for highly skilled engineers.

The Batu Kawan plant offers a wide range of services tailored to meet the semiconductor sector's rising demands. A dedicated cleanroom facility within the site will enable the production of high-quality cleanroom films and bags.

The facility also includes an engineering design centere and an International Safe Transit Association-certified laboratory equipped with the region's most advanced packaging testing capabilities. The cleanroom facility and testing labs are scheduled to become fully operational in 2025.

Nefab Asia-Pacific executive vice-president Fred Hapiak said the expansion in Malaysia not only highlights their strategic importance in the Asia-Pacific region but also demonstrates their deep understanding and commitment to the growing demands of the semiconductor industry in this area.

“By integrating global resources and local expertise, we are dedicated to providing our customers with the most advanced packaging solutions while ensuring environmental sustainability,” he added.

Nefab’s new site is set to significantly boost the manufacturing of sustainable packaging, including customisable export-compliant wooden crates and foldable nail-less plywood boxes. The Batu Kawan facility complements the fully automated thermoforming production setup at its Perai site, which manufactures thermoformed trays and cushioning applications made primarily from recycled plastics and 100% recyclable materials.

Nefab Southeast Asia vice-president Dennis Cheong said,“ As a global company, we collaborate with our offices worldwide not only to ensure consistent service quality but also to transfer technological expertise to our design and testing center. Our investment in engineered packaging designs allows us to innovate and create safe and environmentally conscious solutions that optimise supply chains.”

The new site represents a significant expansion in Asia-Pacific region, adding to Nefab's presence in two locations in Malaysia, and in Singapore, Thailand, the Philippines, and with future business investment into Indonesia.



Source: The Sun Daily

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