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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Good123
26,310 posts
Posted by Good123 > 2023-12-23 08:17 | Report Abuse
Menurut koh, sultan juga ada peranannya. An interesting article :)
Author: Koh Chin Siong
What makes Singapore able to surpass Malaysia in the fields of economy and technology?
Surpass? When was Malaysia ever in the lead?
The short answer: Singapore needed multipliers to survive. Malaysia didn’t.
First, a little detour.
Anyone recognize this man?
Clue. This was taken in the 1920s.
Perhaps a more recent shot will help.
Deng Xiaoping was one of the student-workers sent to study Western culture and science in France. The hope was they will bring their learning and experience back to China and remake the nation to catch up with the West.
What was the backdrop? In the 1920s, China was still in civil war. There was a nominal central government but the nation was in chaos until re
A good government who plans ahead, and is uncorrupted by racial or money politics.
Also, because it’s only one city and lifestyles of citizens are pretty much the same from jurong to pasir ris, it can allow for a strong party to form majority that can cater for the same set of values and priorities.
In contrast, BN and Pakatan Harapan are not parties, they are coalition of parties with different ideologies that have to work together.
So there’s a lot more politics going on that need careful balancing of interests and conflicts.
East and West Malaysia, in particular, have very different priorities.
Sabah and Sarawak have historically felt they got the tail end of the bargain with federal government, with west malaysia feeding off east malaysia’s rich resources.
So this creates a very protectionist attitude and feeling that they’re on their own.
In addition, with more natural resources, the industries around these resources have strong interests that keep conflicting.
The timber, mining, oil and palm industries all have different economic blocs and foreign interests vying for a say in governance.
The income gap between the rich urbans and poor kampungs is also getting wider, so much so their priorities are getting more different every year.
In cities, it’s about how to get better jobs for educated graduates. Because media is focusing on cities, that’s where the majority of attention is.
However, the rural poor are the ones who really need some uplifting, but it’s difficult because the bumiputera policies instilled in them learned helplessness.
So they themselves don’t have the motivation to move up in life, despite so many schemes to help them.
That’s further complicated by the religious inclinations of malays who are devout muslims and the parties who cater to them e.g. PAS.
When their life is not good, they can always escape to religion which gives them spiritual comfort even if material comforts are lacking.
Looking as an outsider, I don’t really see parties like PAS sincerely want to help Malays improve their material standard of living in life.
They just want them to be more religious and spiritual, and indirectly more dependent on the party.
In fact, in all my time in Malaysia, I only met 2 bumi-puteras who really made full use of these policies, and both are exceptional talents even by international standards. They are exceptions, not the norm.
Finally, the seed of racial and money politics has escalated into a full blown disaster for the country.
Politicians are sitting on constituencies and not even pushing things like road repairs and street lights, basic fundamental infrastructure for their villages and towns to function properly.
Meanwhile they pocket whatever they receive from upstairs and distribute it as cash only during elections.
Create false enemies out of other races to distract their people from the real cause of their misery, driving fears that they might lose what little they have.
BN era tactics of buying off the poor and playing the race card is an evil that must be changed for country to progress.
The Malay sultans themselves are a political force, who are strong players behind the scenes. They are officially above politics, but somehow always seem to be in the middle of it.
Unfortunately, 60 years of money politics takes its toll. For better or worse, there is a lot of money and business interests at stake in their decisions.
It is sad to see politics hampering this country, because Malaysia really has better talents.
They are more resilient, more risk-taking, more hard-working, less entitled.
But they are made this way by their environment.
I hope to see in my lifetime a Malaysia that can truly live up to the greatness of its people.