#fakap community speaks

MSC MALAYSIA Bill of Guarantees
As part of its commitment to ensure the success of MSC Malaysia Status companies, the Malaysian Government promises to fulfill the following Bill of Guarantees:


1. Provide a world-class physical and information infrastructure.

2. Allow unrestricted employment of local and foreign knowledge workers.

3. Ensure freedom of ownership by exempting companies with MSC Malaysia Status from local ownership requirements.

4. Give the freedom to source capital globally for MSC Malaysia infrastructure, and the right to borrow funds globally.

5. Provide competitive financial incentives, including no income tax for up to 10 years or an investment tax allowance, and no duties on import of multimedia equipment.

6. Become a regional leader in intellectual property protection and cyberlaws.

7. Ensure no Internet censorship.

8. Provide globally competitive telecommunications tariffs.

9. Tender key MSC Malaysia infrastructure contracts to leading companies willing to use the MSC Malaysia as their regional hub.

10. Provide an effective one-stop agency – the Multimedia Development.

11 sites shut down by MCMC

KUALA LUMPUR: A total of 11 websites, including those created by bloggers, have been shut down by the Malaysian Communications and Multimedia Commission (MCMC) this year for contravening rules and regulations concerning the publication of information on the Internet.

Energy, Water and Communications Deputy Minister Datuk Shaziman Abu Mansor said two cases have also been brought to the Attorney-General's Chambers for action.

He added the Government could take action under Section 211 and 233 of the Communications and Multimedia Act 1998 against owners, operators or writers of websites who misused the Internet to spread slanderous comments, insulting the country's leaders, religious sensitivities and race.

Those who broke the law could be slapped with a RM50,000 fine, one year's jail or both, he said.

Labels: blocked, blog, fail, fakap, lulz, MCMC, MSC Malaysia