Plantation sector got the gut to say we don't care.

Every big nation plays foul la. You think they are God here fulfilling our needs. They are the rules setters.

Don't play play with the forced labour issues in Technology and Glove sector.

Plantation industry can simply ignore the forced labour issue since their products are targeting to India and China consumers. The price of CPO is trailing soy oil movement. The consequences would be low valuation in share price due to ESG. Plantation companies still able to enjoy decent profits.

Jangan bangun sebab tidur mimpi syok nia. Forced labour tu small case. Jangan risau. Kita jangan peduli... Tidur lah.

Apa economics la. Orang kasi hantam forced labour kau kau pun tak boleh bangun keh. Nak tidur syok syok lagi..tidur lor jangan bangun. Well done!

Cakap banyak pun tarak guna. Kasi customer hantam forced labour kau kau la. You tarak syok you punya pasal. Meraka hantam saja.

Tak payah automation la. Kasi orang customers hantam forced labour kau kau. Makan sendiri la. Sedap nia.

Many businesses are thinking of how to improve productivity through automation to move up the value chain. Our guy here wanted us to draw salary 20 years ago for Malaysia to remain competitive. wakaka

Competitive in what senses? Drawing peanut salary 20 years ago for Malaysia to remain competitive ? Many gullible folks in Malaysia.

Don't bullshit of cheap labor at the expense of local people salary. Salary won't have much different between 20 years ago. Go for automation and hiking productivity value chain.

'lower costs', a fairy tale story again. Put in a reality term to local people is 'exploiting'.

We need Bangla to exploit local people salary. Period!

No good profit so no forced labor issues

Wanna fight with the customers to prove they are wrong? Are you thinking as a businessman or normal folks? People don’t accept fairy tale stories when a big company is enjoying good profit and their employees living conditions suck, debt bondages, pay lower than local employees…..

One word. If a manufacturer is unable to invest in automation then move out the factories to low labor costs countries lor. It’s so simple.

No forced labor issue when a company makes good profit and at the same time their foreign employees is enjoying in 3 stars apartment, pay same with the local, comfortable working conditions , no passport withholding by the employers and no debt bondages at their home country….in overall, it’s equivalent to the local employees treatment standard la.

What is grateful definition to the foreign workers? Foreign workers would say we use our sweat and blood to help you manufacturers doing the dongkey jobs that the local people don’t like to do so…the manufacturers making good profits should be grateful to us and help us to solve our debt bondage in the home country.

OSAT would be trailing the fate of EMS. Back-up stabilizer to the Technology index ie Vitrox, UWC, D&O and Greater. Price is easy to manipulate due to low liquidity.

Labour intensive technology companies are encouraged to move out of Malaysia and maintain their listing status in Bursa. Malaysian investors are number 1 darling of the technology companies. The share price can fetch PER top in the world.

Vitrox is champion, it is even more expensive than ASML (monopoly in supplying EUV machines ) in term of PER.

At least, TG management knows the way out temporary.

Posted by PureBULL ... > Dec 3, 2021 11:44 AM | Report Abuse

ONLY andy.hall n konsultan r experts at writing thesis to US authority to ban exporters to the US.

the best n cheapest way is to employ these pure kwailors as auditors.
tg did..

As a businessman, how are they going to react to keep their business ongoing? Normal folks can talk this and that up to their mouth la.

We know ESG is their scheme. So how are we going to do? Counter attack them directly?

I heard Kim said that he has concurred the whole world. we are under his controlled now. hahaha

You can do it in other country but here is Malaysia. Hahaha

Kick all western customers out and boycott all western products and live independent from the western world?

IBs and funds managers played fool with gloves holders in ESG issues for the past 12 months. karma

Look at the facts you would know. Compare our salary with 20 years ago.

Nowadays, it's very easy into stuck into ESG swamp. No more like before 2020.

It's time for retailers to let funds managers to carry their bags.

Once the foreign workers get the citizenship, they demand the treatment similar with the original local people. This is what had happened to the migration from Indonesia. Get another million foreign workers again?

Funds managers are suddenly waking up from the limbo. They did not expect the forced labour issue started spreading from Ataims. They have pumped so much money into the Technology sector. Now, they found Bursa Technology sector is stucked in ESG swamp...you know what they are going to do la.

Normally, foreign workers comes to work with debt bondages. How to monitor?

Definition of forced Labour from ILO

The forced labour definition encompasses:
“traditional practices of forced labour, such as vestiges of slavery or slave-like practices, and various forms of debt bondage, as well as new forms of forced labour that have emerged in recent decades, such as human trafficking.”1 also called “modern-slavery” to shed light on working and living conditions contrary to human dignity.

Out of million of workers , 100% sure some foreign workers would make a complain to Andy Hall. By the time they look into the allegations, share price of listed companies employing foreign (forced) labor workers sure diarrhea one.

Put in a realistic actions. How? Build 3 stars apartments for them? Make sure the foreign workers don’t borrow huge money from the agent or signing unfavorable agreement before coming to Malaysia?

Forced foreign workers won’t easy to solve since the agents of the workers are out of our government control. It keeps haunting the industries making decent profits. What to do? Ditch all western customers?

Another no solution seeker addicted with foreign workers.

The government can simply stop issuing foreign worker permit and non renewal permit. Kau tim lor. It’s so easy.

Funds managers are likely being forced migrating back to Banking and consumer again. Plantation kena ESG too.

Posted by pang72 > Dec 2, 2021 5:21 PM | Report Abuse

Buy OSAT, ems - force labour accusations
Buy contruction/ steel - covid and cancel mega construction job, MRT, hsr because politic
Buy bank - cukai makmur and Memorandum
Buy glove - force labour too

No more future when an industry is clouded with forced labor issue (ESG). Fund managers will cut their stakes in Bursa technology companies.

Fund managers are not encouraged to invest in ESG problem industry like Plantation. It is now Technology turn.

How to goreng Technology sector when the entire industry is clouded with forced labor issues? Fund managers are also forced to abandon ships due to ESG.

What a joke! Most Malaysia companies are addicted in recruiting foreign workers. They simply complain local workers this and that nonsenses and refuse to pay higher.

EMS and OSAT players are forced to employ local workers or relocate their factories to low labour costs countries.

Easy to cure forced labour covid. simply get rid of foreign workers and replace with local people at higher pay.

Forced labor covid spreading.

EMS players doesn't need high skill workers or technology...here bankrupt and another place born again.

Worst scenario is to pay higher to employ local people working for them.

EMS sector first and OSAT will be the next.