Koon Yew Yin's Blog

Why the Migration Business is Booming - Koon Yew Yin

Koon Yew Yin
Publish date: Fri, 11 Jul 2014, 05:16 PM
Koon Yew Yin
0 1,450
An official blog in i3investor to publish sharing by Mr. Koon Yew Yin.

All materials published here are prepared by Mr. Koon Yew Yin

Koon Yew Yin

One of the better media outlets in this country is the Business Radio Station or popularly known as BFM radio. According to its mission statement, BFM is

·                     Malaysia's only independent radio station, focused on business news and current affairs.

·                     BFM's purpose is to build a better Malaysia by championing rational, evidence-based discourse as a key element of good policy decisions.

·                     BFM applies its discourse-based approach to other programming areas such as entrepreneurship, health, fashion, the arts, sports and music, as well as to its executive education initiative.

A short while ago, I was alerted about a BFM programme in which the director of a migration service which has been in business for over ten years appeared to talk about the business of migration.

Since I have written quite a bit about the wastage in talent and human resources in this country and how this constraint can prevent Malaysia from attaining Vision 2020 and reaching our goal of an advanced country, I was naturally interested.  

Fortunately, although BFM can be heard only on frequency 89.9 MHz in Wilayah Persekutuan, Selangor, and parts of Negeri Sembilan and Melaka so that listeners in the north where I am cannot receive it, the station has a website where podcasts of its daily programmes are posted and can be heard.

Hence I was able to access the programme through the internet. Readers interested can hear the interview for themselves at http://www.bfm.my/breakfast-grille-rayford-migration.html.

I should also point out that I have been the subject of a BFM interview on two separate occasions. One was when I spoke about the importance of an open tender system and why it is unproductive to pursue affirmative action because the results show that such a system does not create competitive individuals (http://www.bfm.my/breakfast-grille-050410-koon-yew-yin.html). The second was when I was interviewed by Melissa Idris on political change and corruption in the country. (http://www.youtube.com/watch?v=bdnz6C989Ag)

Why Malaysians Are Migrating

There are several points raised during the programme which it is important for the Prime Minister and other BN leaders to note. One is that the migration business has been growing steadily during the past ten years that the business has been in existence. This means that rather than declining after the uncertainty of the 2013 elections, Malaysians are continuing to lose confidence in the government. The interviewee confidently predicted that his business will grow even more in the coming years as more Malaysians look for a brighter future elsewhere.

The second is that we are losing highly talented human resources to countries such as Australia, Canada, New Zealand and the United States. These are people in engineering, IT, management and other key sectors whose skills are sought after world wide and which we can ill afford to lose.

The third is the expectation that the highly publicised programme to attract talented Malaysians living abroad to return to Malaysia will not be able to produce much positive results.

Though the radio respondent and interviewer were politically correct throughout the interview and avoided any direct mention of politics, it is clear that Malaysians are leaving the country not simply because they are in search of a “better lifestyle” and “work opportunities” but also in response to the low standard of our politics and politicians, and the misgovernance found in the country.  

It is significant that the migration service director noted that there was a big spike in the calls his company receives from interested clients every time one of the government leaders makes stupid or careless comments.  Although no names were mentioned in the interview, it is clear that both interviewer and interviewee had in mind the tweet of Bung Moktar Radin, the Kinabatangan MP, who twitted  

“Well done...Bravo...Long live Hitler,” all in capital letters, via his Twitter handle @mykinabatangan, following Germany’s shocking 7-1 defeat of Brazil.

As the interview noted, people in the migration business need to send leaders such as Bung Moktar “thank you” cards everytime they open their mouths or their twitter accounts without thinking.

Many Malaysians have written to express their shame and anger over this faux pas. However, instead of apologizing to Malaysians, the people of Germany and all nations and people, especially the Jews who experienced war, suffering and atrocities as a result of a demented and power crazy fascist politician, Bung Moktar is unrepentent.  

Bung Moktar and His Power Base

Bung Moktar, the Deputy Prime Minister of 'another May 13' and 'I am a Malay first' fame, and  leaders like them who make stupid or inflammatory speeches and comments, are one of the main reasons why Malaysians are giving up on our country and migrating.

But why are Bung Moktar and his type so arrogant and unapologetic? This is because the MP thinks he is no ordinary politician. His ego and powers have been considerably enlarged by the rewards provided by UMNO for his 'leadership' qualities. One of these rewards is the Chairmanship of Felcra, one of the largest government linked companies (GLCs).

And how has Felcra been performing under the leadership of this eminent UMNO leader? Recently the Public Accounts Committee (PAC) urged the government to review the relevance of under performing GLCs. According to Chairman Datuk Nur Jazlan Mohamed there are GLC’s which are no longer relevant to the changing times, not properly managed and no longer fullfilling the objectives of their formation. These GLC’s which receive federal funding should be providing better returns and meeting the objective of their formation”.

Among the prominent GLC's which has come under scrutiny for management issues which have been in conflict with financial procedures and procurement is Felcra. In more forthright language GLC's such as Felcra have weaknesses arising from leakages, corruption and abuse of power. These leakages, corruption and abuse of power throughout our national system – not mentioned in the BFM programme – are also at the heart of why Malaysians are migrating.

My advice

Finally, I should emphasize that when young people ask me for advice on whether they should pursue opportunities abroad, I make it a point to tell them about the great potential that is found in our country and urge them to make their future here rather than in some other country.  I am beginning to see that there are more people like me who are criticizing the BN Government openly for all their wrong doings and at the same time putting their faith in the country..

The result of the last general election shows that the opposition, Pakatan Rakyat won more votes than Barisan National although they did not win the control of the Government. Since then more people including BN supporters are beginning to appreciate Pakatan Rakyat’s good management of Selangor and Penang.

We must not migrate because, in my view, Pakatan Rakyat will likely win in the next general election and we need everyone to improve the country. Even if BN wins, that is no reason to leave the country since they will have to change for the better or be thrown out of power eventually.

More articles on Koon Yew Yin's Blog
What is Bipolar Disorder? - Koon Yew Yin

Created by Koon Yew Yin | Nov 25, 2024

My younger brother who was a dentist had bipolar disorder. Unfortunately, he committed suicide about 12 years ago.

CPO price is rising rapidly as shown by chart below - Koon Yew Yin

Created by Koon Yew Yin | Nov 22, 2024

All plantation companies are reporting better profit for the quarter ending September when CPO price was about RM 3,800 per ton.

MHC Reported Increased Profit - Koon Yew Yin

Created by Koon Yew Yin | Nov 21, 2024

Indonesia is the biggest palm oil producer in the world. Indonesia plans to implement biodiesel with a mandatory 40% blend of palm oil-based fuel from Jan. 1 next year, a senior energy ministry offici

Why all plantation companies will continue to report more profit - Koon Yew Yin

Created by Koon Yew Yin | Nov 20, 2024

Indonesia plans to implement biodiesel with a mandatory 40% blend of palm oil-based fuel from Jan. 1 next year, a senior energy ministry official said recently, lifting prices of the vegetable oil...

Who will win the Presidential Election? - Koon Yew Yin

Created by Koon Yew Yin | Oct 30, 2024

Latest poll on 30th Oct 2024

Who will win the Presidential Election? - Koon Yew Yin

Created by Koon Yew Yin | Oct 30, 2024

Latest poll on 30th Oct 2024

Wasco expects better profits in coming quarters with robust order book - Koon Yew Yin

Created by Koon Yew Yin | Oct 25, 2024

The group is expected to deliver better profits and revenue from its pipe coating, engineering, and bioenergy segments.

Malaysian Communist Party - Koon Yew Yin

Created by Koon Yew Yin | Oct 14, 2024

Today I read the article by Murray Hunter titled “A Visit to the Malaysian Communist Party tunnels in Betong, Thailand”, which is an important part of Malaysia’s history.

Property Developers comparison - Koon Yew Yin

Created by Koon Yew Yin | Oct 04, 2024

KSL is still the cheapest based on a 4.4 PE ratio, which means its share price should continue to go up. Unfortunately, there are a few small investors who always queue to sell at cheaper prices...

Property Developers comparison - Koon Yew Yin

Created by Koon Yew Yin | Oct 04, 2024

KSL is still the cheapest based on a 4.4 PE ratio, which means its share price should continue to go up. Unfortunately, there are a few small investors who always queue to sell at cheaper prices...

Discussions
10 people like this. Showing 26 of 26 comments

Ricky Kiat

just wait another 4 year, 2018 will be malaysia new hope.

2014-07-11 17:40

RonnieKimLondon

Dear Mr Koon,

There are many Singaporeans, Thais, Filipinos, Chinese, etc who have emigrated in addition to Malaysians.

But you are right in stating that Malaysia has tremendous potential.

2014-07-11 17:59

Pitochu

Uncle Koon is so funny but write nice

2014-07-11 18:03

saynotoracistdap

Post removed.Why?

2014-07-11 19:05

Koon Yew Yin

saynotoracistdap sounds like Hitler Bung Moktar Radin

2014-07-11 19:10

saynotoracistdap

Post removed.Why?

2014-07-11 19:13

saynotoracistdap

With Secretary of State John Kerry and other U.S. officials in the midst of two days of meetings with their Chinese counterparts, human rights activists are urging them to elevate a topic that President Xi Jinping would rather dodge: his government’s increasingly harsh treatment of critics and civic activists.

Since Xi assumed his post last year, China has stepped up detentions and imprisonments of prominent lawyers, religious leaders, advocates for ethnic groups and those seeking to remember the 25th anniversary of Tiananmen Square last month

Read more here: http://www.miamiherald.com/2014/07/09/4226802/as-china-cracks-down-on-dissent.html#storylink=cpy

2014-07-11 20:11

andychucky28

Post removed.Why?

2014-07-11 20:33

Heng611

Malaysia problem high inflation, flat salary for the last ten year.

How to survive? go other country is the only way to survive.

I eat Mix rice here RM 4 to 6. S$2 to 3 in spore. I earn RM1 here, $1.5 to 3 in spore.

2014-07-12 02:18

andychucky28

In this Bolehland, now i am even being ask to get out from a parking lot by Myanmar muslim people just because blocking their business.

Also eating Bangladesh kuih and curry 'rendang' because they taste more delicious than the local mamaks, especially during raya haji.

Most of them come here and able to speak malay in just three months. In the near future, you cannot differentiate who are the real malay.

2014-07-12 10:47

lohman

Yes, PR can win more parliamentary seats in GE 14 but may not form the next government. Do you think BN will step aside in a gentlemanly manner? I think not. In addition, can the PR coalition survive its own internal divisions even if it forms the next government? There are so many obstacles to a happy and peaceful Malaysia. What troubles me is that there are no farsighted leaders in the country who can unite a troubled nation ridden by numerous, so far insurmountable, differences. We are all in for a rough ride. Hang tough if you are going to stay.

2014-07-12 10:50

andychucky28

You are right Lohman. The election system made now is to make sure that there is only one winner, the BN. Anyway, some of the PR members are those who cannot find money in BN and then come across. There are same people with the same thinking brain. Money only.

2014-07-12 11:07

RonnieKimLondon

Heng 611 is right. We cannot continue to have a low cost (and salary) structure.

Malaysia is attracting the wrong mix of businesses. Low value added contract manufacturing.

We must reduce the flow of lowly paid foreign workers. Improve our education system.

2014-07-12 22:55

speakup

thanks to BN, all the talent is leaving Malaysia, all the untalented is entering Malaysia.

2014-07-12 23:03

coolwater

There are few JPA and GLC scholarship holders (non-bumi) could not secure a job by JPA and GLC after their graduation. The serving contract was then terminated and they are taken by foreign countries to work abroad. These talented experts are very highly paid by foreign companies such as goggle, apples and others.Some even got their PR status abroad.

2014-07-12 23:26

Heng611

Many ppl can't afford a low cost house in Malaysia, went goto S'pore work 3 to 4 year, Buy a HDb Flat for S$400k (about RM1mil). Not just you earn more but the system.

2014-07-13 01:10

arv18

remember folks. lower IQ is a big PLUS when applying for Govt jobs and Political positions in Malaysia! Don't THINK to hard, Please! You won't be perceived as a threat.

As M.Taib says "one eyed man is King in the land of the blind"

2014-07-13 07:14

andychucky28

Ya rot more with Johor Baharu sold behind their back to the Singaporeons and the China people. Buy one property in China is given one free property in JB. All at the goreng prices.

Let them become “itik kehausan dalam air” dan “ayam mati dalam kepuk padi”. - See more at: http://www.themalaysianinsider.com/rencana/article/dulu-melayu-tidak-akan-hilang-di-dunia-sekarang-melayu-akan-hilang-dunianya#sthash.2rKFL318.dpuf

The longer they sleep the better.

2014-07-13 08:39

optimustrex

Post removed.Why?

2014-07-13 16:56

cschua

Even Pakatan win next election, there will no change to races policy. If our society continue to use races policy, there will be no progress in future. This group of people needs to wake up and the society needs to change to a performace based fair system. I think we are very far away. The migration business is going to boom further.

2014-07-15 16:16

westdeap12

the only "business" model as national model is - import indian and china people into malaysia to maintain the ratio of MALAYSIAN:25% , 10% and 65% as Chinese, Indian, Malay. this method is crucial instead of asking MALAYSIAN CHINESE OR INDIAN to BREED more ,which i think it is impossible in the era of high living cost now. REstore cheap and highly skilled people in malaysia.

Ask Dr. Ng Yen Yen to shut her mouth up upon importing china people as interrupting family man life here! no choice in order to maintain the ratio!

Mr Koon, i met you in investment seminar and was one of the committee in Kiwanis centre.

Kindly inform your political party buddies about this method.

2014-07-29 21:43

alenac

Yes, agreed Malaysia is very far from embracing an anti race based policy as the constitution is race biased and the power that be manipulated it to the maximum advantage to enriched themselves and their cronies. So the road of doom will be reached when resources and money from their exploitation start to dry up and when total loans become unbearable and imminent default lies ahead. That is when IMF will step in and force a social economic restructuring of the Malaysia society. To prevent this from happening the current regime will have to again use Petronas as the lender of last resort to pare down its national debts. But the question is when the time comes can Petronas sustain such an onslaught or will it collapse under the assigned debts heavy burden.

2014-07-29 22:58

yfchong

Find more oil rigs n oil fields......

2014-07-29 23:13

yfchong

Debt still low mah only 5.7k not sure in. Rm or usd.........,

2014-07-29 23:19

SK Lee

With the rate things are worsening, it's better to have Plan B if you have the opportunity or means to do so. This has nothing to do with nationalism as all of us non bumi will have to think of our children's future and I am not convinced they will enjoy a equitable life here in Malaysia going forward despite being a loyal citizen. Our grandfather and father's days may be better as then they live more harmoniously in a multicultural nation. Now, due to the govt's policy of divide and rule, none of us feel secure of our future here in Malaysia anymore despite contributing our effort to make this country successful. At the end of the day, we are blamed for squandering the country's wealth and marginalising the others.

And as a responsible parent, we will withdraw all our EPF, sell all our properties, shares and unit trust, convert all insurance value etc to migrate overseas in order to safeguard the interest of our children. Selfish? Depend on how you look at it.

2014-07-29 23:48

speakup

malaysia is the only govt that doesn't appreciate talent.
malaysia appreciates non-talent, that is why u see non-talent everywhere in malaysia.

2014-07-30 07:41

Post a Comment