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This is the second part of the article on leadership programmes in Malaysia. The first part was published on April 3, 2005.
When a 6.8-magnitude earthquake jarred Sanyo Electric Co.'s chip-making plant in northern Japan last October, reversing the company's profit forecast to a massive loss, it was a crowning blow to an electronics giant already rattled by plunging prices and sinking stock.
Rubber bearings as the base of a building can help prevent its destruction during an earthquake, said Malaysian Rubber Board Engineering Products and Design Unit head Dr Kamarudin Ab Malek.
Malaysian companies have had a mixed reaction to the after-effects of the 7.1 Richter Scale earthquake in Taiwan that damaged a major submarine cable system and disrupted international Internet communications on Wednesday.
Asian markets and currencies finished mostly higher on Wednesday, shrugging off concerns that the series of earthquakes that shook Taiwan and disrupted phone and Internet services could rattle the region.
Seventeen major tlecommunications companies signed a pact Friday to build a US$500 million (euro360 million) undersea fiber optic cable between Southeast Asia and the United States they claim will be relatively safe from earthquakes and tsunamis.
Telekom Malaysia Bhd (TM) is leading a consortium of 17 international telcos to set up the US$500mil Asia-America Gateway (AAG), the first submarine cable system linking South-East Asia directly with the US.
Tokyo Electric Power Co yesterday lost another US$2bil in market value on concern that the shutdown of the world's biggest nuclear power plant after a strong earthquake on Monday could last for months.
Hong Leong Bank Bhd (HLB) joins the international community in sending aid to earthquake victims in Sichuan province in China with a US$100,000 donation made to Chengdu Charity Federation.
OCBC Bank will donate RMB1mil to victims of the Sichuan earthquake.