Jawatan Kosong National Key Result Areas (NKRA)

Written By Admin on Monday, July 19, 2010 | 8:56 AM

Currently, there are several vacancies in any of the 6 National Key Result Areas (NKRA):
1.Reducing Crime2.Eradicating Corruption3.Improving Rural Basic Infrastructure (RBI)4.Improving Urban Public Transport (UPT)5.Reducing Low Income Household (LIH)6.Improving Education
Available Positions:The NKRA team is currently looking to recruit 5 Analysts and Managers.
1. Analyst
Spesific Criteria:-This is entry level position.-Open to fresh graduate or those with 1-3 years working experience.-Fresh graduates who apply for this position must achieve a minimum 3.6 out of 4.0 for Cumulative Grade Point Average (CGPA), or equivalent.[If the applicants’ university result is below this 3.6 CGPA, the applications will not be considered. Official university result slip will be required if the applicant is called for an interview]
2. Manager
Spesific Criteria:-Minimum 4 years working experience.-Ideal working experience: project management, consultancy, corporate planning and strategy, and executive jobs related to analysis and implementation.-Applicants must achieve a minimum 3.6 out of 4.0 for Cumulative Grade Point Average (CGPA), or equivalent.[If the applicants’ university result is below this 3.6 CGPA, the applications will not be considered. Official university result slip will be required if the applicant is called for an interview]
GENERIC – Job Description1.Conduct analysis and identify problems.2.Formulate solution and recommendations, and also implementation plan with clear targets.3.Provide programme management support to ensure timely and effective delivery of targets.4.Track and monitor progress of implementation.5.Provide weekly/monthly report to CEO, directors and stakeholders in the Government.6.Engage stakeholders at operational level to obtain alignment and buy-in.
GENERIC – Ideal Attributes & Skills1.Excellent written and verbal communication skills in English and Bahasa Malaysia.2.High capacity: Strong analytical and problem solving skills. Proactively employ strategic and critical thinking in solving issues and challenges.3.Action oriented, independent, self motivated and driven to deliver results. Prepared to work long hours, under pressure and within tight deadlines.4.Good inter-personal skills5.Demonstration of strong interest in NKRAs or any developments related to improving the quality of life for Malaysians at large.
Performance Management & Delivery Unit (PEMANDU) offers competitive remuneration package in line with the private sector. Other benefits include medical insurance, travel allowance, etc.
If you are interested, we would like to invite you for an interview. Please send your CV to recruitment@pemandu.gov.my. Please include your name, telephone number and the position you are applying for when you submit your CV.
We will contact you if you are shortlisted for our screening interview. The interview will be in the form of a case study interview, which will take place at PEMANDU’s premises.
Closing Date: TBA
MORE INFO KERJA KERAJAAN 2010

How Forex Brokers Work

Like any other business in the history of business, your broker’s raison d’etre, is to make as big a profit as possible. There are about as many ways to go about this as there are brokers. For those who are in it for the long haul, however, it is generally best to adopt a set of practices which are deemed fair by their clients: certain boundaries are set, and operating beyond them can cost a brokerage its reputation, and along with it its clients. Straying outside these boundaries, therefore, is not considered as being in line with the long term goals of the business. How strictly these boundaries are enforced, especially when there is little chance of clients ever even becoming aware of any transgression, again varies from business to business. For the sake of simplicity, in this article we assume that everyone in the business is squeaky clean, as if every client could peek into the broker’s back office at any time and dissect every trade. This is obviously not the case, and many brokers do take advantage of this opaqueness, but the details of that are best left for another discussion.

So without further ado, let’s get into the details of how forex brokers function. Somewhat removed from the top-tier interbank market, retail forex brokers are there to provide a service that would otherwise not be available, that is, giving an investor with a $10,000 bankroll the chance to speculate in the up-until-recently very exclusive forex market. There are generally considered to be 2 types of brokers providing access at the retail level: Electronic Communications Networks (ECNs) and Market Makers. ECNs are generally somewhat more exclusive, requiring larger deposits to get started, but are seen as providing more direct access to the interbank market. As we will see, there are certainly advantages to this, but some disadvantages as well. Market makers, on the other hand are more often than not, the counter party to their clients’ trades, creating somewhat of a conflict of interest, whereas ECNs profit from commission fees charged directly to the clients, regardless of the result of any trade, they are seen as being completely impartial – an ECN has no incentive for a client to lose money. In fact, one could argue that an ECN stands to profit more if a client is successful, meaning that s/he will stay around longer and they will be able to collect more commission fees from them. A market maker, on the other hand, being the counterparty to a client’s trade, makes money if the client loses money, providing an incentive for some shady practices, particularly in an unregulated market. The extent to which this happens varies among individual brokers. There are also some benefits to trading with a market maker (see our ECNs vs. Market Makers article) Some brokers also provide a service that doesn’t quite fit into either category – they route different orders differently, depending on complex algorithms, or on a dealing desk, that analyze each order and attempt to fill it in the way that will be most beneficial to the broker’s bottom line. They can offset some client orders against one another, effectively creating an in-house market, they can choose to be the counterparty to a client’s trade (trade “against” the client), or they can offset their position with a hedge through a higher-tier counterparty. Note that the market maker is mainly concerned with managing its net exposure, and NOT with any single individual’s trades. They are NOT gunning for your stop losses specifically, but may be gunning for clusters of stops.

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