First Issue of PETSOC PRESS

screenie-pp-1On behalf of core editorial board of PETSOC PRESS, I would like to announce our first issue of PETSOC PRESS, a newsletter from Petsoc members to Petsoc members and its surroundings. Download is available for public in our Download section or direct link PETSOC Press page.

 

 

Mohd Faiz Hasim
Chief Editor

Best Study Strategy For Optimum Performance 2009

Wah, the title is already quite heavy.

But,yeah, since the uni term already started, I feel obliged to share with you guys what I’ve read in Evelyn Wood’s 7 day speed reading and learning program.

It is actually longer than what I wrote for you guys in this subpage I made under the Academic section of this blog, but I’ll do my best to share the gist of the lessons thought in this e-book.

Here it is. How to study for optimum performance in 2009.

https://petsoc.wordpress.com/academic/how-to-study-effectively-for-optimum-performance-in-2009/

Thanks for reading. Feel free to comment about it.

“Quality, Professionalism, Unity”

Academic Department, PETSOC 2009

Economic Advice from ex-Prime Minister of Malaysia

Hi Everyone,

Happy New Year 2009.


Tomorrow is our first day of lecture for this year. So I hope everyone is ready for it. Get your pen and papers ready. Know your timetables and learn it by heart. Haha. Don’t miss your first lecture yaaaa.

Okay, for those of you who studied economics before or have some knowledge on how the monetary system in this world works, here is an excerpt from The Star today that you might be interested to read about. Feel free to comment below.

Dr M: Stop banks from making money out of thin air

LONDON: Tun Dr Mahathir Mohamad has called for a ban on the manipulation of “money to make money” to help resolve the global financial crisis.

The former Prime Minister said the main problem was that banks were empowered to create money out of thin air and lend money which they did not have.

He suggested that everyone should go back to producing goods and services although the profits would not be that massive.

“But the wealth from these activities will be real and the economy will be more sound,” he said in his talk at the “Leadership in Times of Crisis” seminar at the British Institute of Technology and E-Commerce here on Friday.

Dr Mahathir also expressed doubts of a recovery despite the US government talking of a trillion-dollar plan to save the economy.

He said there would come a time when the government would have to admit that the whole system had failed.

What was needed, he said, was a total write-off of the monies lost and the need to reduce the lavish lifestyles and per capita income in rich countries.

“The rich will have to sell their yachts and private planes as well as their holiday and palatial homes while the poor will become poorer,” he said.

If there is to be recovery, the world must accept that everyone – the rich and the poor – must take part in formulating a change in the system, he added.

Dr Mahathir said the most important reform was to ensure that money was created by governments and not by banks.

“Governments need to come back and supervise the banks. If the executives go beyond something, they’ll be punished,” he said.

He described as ridiculous the present system where executives were paid bonuses if they could show figures to their directors even if the banks lose money.

Describing the scenario as frightening, he said: “We have no control over money and we don’t know how much of it is in circulation.”

Dr Mahathir said when Malaysia was hit by currency speculators in 1997-1998, it was told that the trade in currencies was 20 times bigger than the total world trade.

“That’s a huge sum of money. But where does it come from?” he said, adding it was important to get rid of those who were playing tricks.

He also said government bailouts, which were effectively nationalisation, would not enable businesses to recover when the economy was in recession.

“We see governments furiously bailing out financial institutions and businesses but we have yet to see any results,” he added.

He also said the formulation of any new system must involve both the rich and poor countries as well as elements of Islamic banking principles.


PETSOC 2009

“Quality, Professionalism, Unity”

What do you think about it? Can the government actually solve the economic recession crisis? Feel free to comment below.

Pet Talk 1

Pet Talk First Session Report

On the 17th of November 2008, PETSOC have organized the first ever Pet Talk, an easy relaxing yet full of knowledge and interesting facts session of talks and discussions. This activity is aimed to equip scholars with interesting and important general facts and keep them up to date with recent global event. More than 20 members joined the discussion including our beloved student advisor, En Ezidy Abdul Aziz.

As planned the first Pet Talk are more focused on Oil and Gas issue. Many interesting issues regarding Oil and Gas are touched during the discussion. Abdul Rahim Ibrahim, our hardworking Academic Officer was first to talk on economic aspect of Oil and Gas. Among the points are how oil price are determined and how oil price influence the daily lifestyle of the earth population.

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Discussions then continued with the argument bring by Amir Syakireen under an important keyword Petrodollar Warfare. He explained the term petrodollar and how US used it to make a profit for them. The topic becomes more interesting when he started to relate global events such as Iraq war and Iran economy blockade to Petrodollar. There are supporting points from Lam Ka Mun adding to complete our understanding for the topic later on the discussion.

Some also touched on the technical part regarding Oil and Gas. Alia Haryati, our final year Chemical Engineering student shared on processes on how we turn crude oil to its usable form. It is very interesting for all to know about the detail of process like oil desulphurization process. Here we learned that this process is very significant as this is where oil and its sulphur content are separated.

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There are also question and answer session where exciting questions from scholars are answered by those who know. There are also some questions remain unanswered such as question on how an Oilrig is constructed far offshore as there are only one civil engineering student in Petsoc community. En Ezidy gave an astonishing closing where he touched a bit of all aspect on Oil and Gas before commented on the session and praised Petsoc for organizing this activity.

We hope in future more and more knowledge can be shared trough this activity. Petsoc aimed to open this activity to all University of Canterbury students as a platform for them to deliver their knowledge and ideas publicly. As it also support public speaking and leadership development for scholars, Petsoc hope that every party will give their support and contribution to further improve this informative and useful activity.


“Quality, Professionalism, Unity”

Amir Syakireen Ramli