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Sunday, February 5, 2023

China reveals tailless concept for next-generation fighter jet

A concept model of a next-generation fighter jet was displayed at Airshow China 2022 held in Zhuhai, South China’s Guangdong Province in November 2022. Photo: Liu Xuanzun/GT

A promotional video released by the Chinese aviation industry on Tuesday featured computer generated images showing what analysts said on Wednesday could represent a concept of the country’s next-generation fighter jet, which reflects China’s determination to outpace the US in new warplane development.

The video, published in the WeChat video channel of the state-owned Aviation Industry Corporation of China (AVIC), introduced China’s airborne radar development and featured near its end a computer-generated clip showing three unknown aircraft flying in formation.

The aircraft looked like the J-20 stealth fighter jet, but with no canards, tails or fins, and the diamond-shaped wings appeared bigger than those of the J-20, giving it what seems to be a blended wing-body configuration, observers said, who also speculated that it might be China’s next-generation fighter jet.

At the Airshow China 2022 held in Zhuhai, South China’s Guangdong Province in November 2022, AVIC put on display a concept model of a next-generation fighter jet, which also had a tailless design like the aircraft shown in the latest video.

Other countries are also conducting research and development into next-generation fighter jets, and tailless designs similar to the one shown by China are some of the most popular concepts, Fu Qianshao, a Chinese military aviation expert, told the Global Times on Wednesday.

A tailless design will give the next-generation, or the sixth-generation, fighter jet superior stealth capability in all directions than current fifth-generation ones, and a blended wing body design will provide higher lift, longer range and lower fuel consumption. However, without vertical tails, the new aircraft will lose out on maneuverability if it does not use other designs or technologies to compensate, like thrust vectoring control-capable engines and split brake rudders, or other innovative approaches, analysts said.

With the project name Next Generation Air Dominance, the US’ next-generation fighter jet might also use a tailless design, according to a computer-generated rendering by US military warplane contractor Lockheed Martin, US news website Defense News reported in September 2022.

Based on the information available now, China has started research and development in terms of the next-generation fighter jet, and it is in a confident place to eventually outpace the US, Fu said.

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Substance over style/form: ‘Dress down’ to suit current times

https://schoolings.org/substance-over-form-concept-in-accounting-definition-how-to-identify-substance-over-form/

Substance over form concept - Accounting For Management

New style seen to project less bureaucracy

In a new dress-down era, Prime Minister Datuk Seri Anwar Ibrahim and his Cabinet are paving the way with their ‘tie-less’ approach, which highlights less bureaucracy and formality. There is no point having government leaders in designer suits if they lack emotional intelligence and are corrupt, say image experts.

Less formal: Anwar is setting a trend for workplace dress code.

PETALING JAYA: The “dress down” culture of the government is being well-accepted all around, with experts saying the new approach highlights less bureaucracy and formality.

The post-pandemic environment has ushered in a trend of informality in the workplace, according to professional image consultant Dolly Kee.

ALSO READ: One-year break from donning ties in Dewan Rakyat

She said Prime Minister Datuk Seri Anwar Ibrahim, who these days seldom wears a necktie, was conveying an image of a leader who wants to be seen as relatable, genuine, relaxed and approachable.

Anwar had opted for a pair of baju melayu and sandals when clocking in on his first day in office on Nov 25, 2022.

The PKR president chaired a no-tie Cabinet meeting on Dec 7, 2022. “It is definitely his deliberate choice which, when in the right environment and when he has confidence and stylish intention, can certainly work,” she said.

However, Anwar has been photographed wearing a complete suit and tie as well as songkok when having an audience with the Yang di-Pertuan Agong and other rulers, including the Sultan of Selangor, Sultan Sharafuddin Idris Shah, and the Sultan of Brunei, Sultan Hassanal Bolkiah.

“The suit-and-tie look is highly recommended as a complete set for most professional and formal events or occasions.

“This is especially true for events involving an audience with royalty and high-level meetings with country heads and senior foreign dignitaries, as well as while attending parliamentary sittings, where the highest degree of decorum is to be expected,” she said.

She pointed out that batik shirts and the baju melayu could be vibrant alternatives to the formal suit-and-tie look.

“We are blessed with our beautiful batik shirts and baju melayu for men. The quality of each of the dress choices, such as long-sleeved batik shirts, offers our senior top officials the classy-style equivalent of the suit and tie.

“Generally, be it in the civil service or the corporate sector, if your boss doesn’t wear a tie, jacket or blazer, any subordinate who does will inadvertently commit the faux pas of ‘outdressing the boss’,” said Kee.

Urbane Academy Sdn Bhd founder Georgianna Das said times had changed as far as the professional dress code was concerned.

“Everyone should be comfortable wearing what they want to, as long as it’s not garish, vulgar or jarring to anyone. Malaysians would want leaders who have integrity and put the welfare of all citizens in the country first.

“There is no point having government leaders in designer business suits if they lack emotional intelligence and practise corruption, nepotism or cronyism,” said Das.

Deputy Health Minister Lukanisman Awang Sauni said most of the ministers and senior officers opted for the no-tie look as they wanted to display the same image as the prime minister.

“It’s a matter of individual choice and style whether to wear a tie or otherwise when attending official programmes,” he said.

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An elementary school math teacher is challenged by parents, the principal, and even the mayor, when she tells a student that “2+2=4”.

Thursday, February 2, 2023

MNC spending a boon for Penang developers

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Demand for residential, commercial properties to grow

KUALA LUMPUR: Property developers in Penang are set to benefit from the opening of new factories by both local and multinational corporations (MNC) as well as state government projects and population growth.

In a sector report, Maybank Investment Bank Research (Maybank IB) identified S P Setia Bhd, Tambun Indah Land Bhd

, IJM Corp Bhd

and Eco World Development Group Bhd

(EcoWorld) to be among the main beneficiaries from the growing Penang property market.

“More job opportunities have been created with the opening of more local and MNC factories and this has drawn demand for new residential and commercial properties, the former due to housing needs of the rising population base.”

The research house also pointed out that the Baru Kawan area could benefit from the Penang state government’s intention to develop a medical hub there as well as 1,156 acres within the Batu Kawan Industrial Park (BKIP) 2 in Byram, Nibong Tebal.

“These projects augur well for population growth and should continue to boost the demand for properties,” the research house noted in the report.

It added that Penang’s residential property sales rebounded strongly by 50% year-on-year in the third quarter of 2022, due to the economic recovery and despite the three overnight policy rate hikes since May 2022.

Maybank IB said S P Setia’s Setia Fontaines project in Bertam

, on the Penang mainland, offers a similar eco theme as Setia Eco Park, but is more affordably priced like Setia Alam (both of which are in Shah Alam, Selangor).

“The project, which mostly offers landed properties, is expected to have a remaining development period of at least 25 to 30 years.”

Since the launch of Setia Fontaines in 2018, Maybank IB said the project has generated stable and growing sales for S P Setia.

“In 2021, Setia Fontaines contributed RM157mil sales or 4% of S P Setia’s Malaysian property sales.

“Catalysts to the project include an industrial park (850 acres) nearby, which could offer employment opportunities and attract new population to the area over the longer term.”

Separately, the research house said EcoWorld’s Eco Horizon project is strategically located in the heart of the Batu Kawan commercial area and is riding on booming job opportunities and commercial activities there.

“The property development projects in Batu Kawan have become more mature.”

Maybank IB noted that the completion of Penang’s second bridge in 2014 and the new BKIP are the game changers for the Batu Kawan area.

“Apart from its prime location, we attribute the success of Eco Horizon to right product offerings, namely landed properties versus its peers that are mostly involved in high-rise.”

“In its financial year 2022 (FY22), Eco Horizon contributed 12% to EcoWorld’s total sales,” Maybank IB noted.

Meanwhile, Maybank IB said IJM’s The Light City project in Gelugor, Penang, will be a mega integrated waterfront project comprising two towers of premium condominium units, a retail mall, offices, a convention centre and a hotel.

“The retail mall, offices, hotel rooms and convention centre are slated for completion by 2025.

“By then, we believe The Light City would reshape the commercial market of Penang island as the major commercial spaces are currently located at the north of Penang island,” it said.

It added that IJM is in advanced stages of negotiations with a hotel operator from China but is making no changes to its earnings forecasts for the group, at the moment.

Separately, Maybank IB said Tambun Indah’s Pearl City project in Simpang Ampat is a good proxy to the booming Batu Kawan area.

“Tambun Indah has been careful in launching new projects and has focused on clearing unsold stocks over the last few years.

“Its average take-up rate continued to improve to 81% as at September 2022 (from 79% as at June 2022).”

Maybank IB noted that Tambun Indah’s main products are generally affordable, landed properties. In the third quarter of this year, the company will be launching Dahlia Garden in Pearl City.

“Dahlia Garden, which has an estimated gross development value of RM107mil, will comprise residential terraces (185 units) and semi-detached houses (24 units) priced between RM470,000 to RM650,000 per unit.”

For the nine-month period of Tambun Indah’s FY22, Maybank IB estimated the developer’s locked-in property sales stood at RM133.2mil, which is 2.3% above its FY22 sales target of RM130mil.

“Tambun Indah usually has relatively lower unbilled sales (RM90mil as at end-September 2022) than its peers, as it only launches a new project when the project is 20% to 30% completed, hence it will hasten revenue recognition.”

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