Malaysia still far from being out of the woods, says Daim KUALA LUMPUR (Aug 5): Malaysia is still far from reaching the status of a developed country with unified citizens that is ready to face the industrial challenges of the future, says Council of Eminent Persons (CEP) chairman Tun Daim Zainuddin. Daim said Malaysia is still playing catch up with the fourth industrial revolution when other countries are already gearing for the supposed fifth industrial revolution. "Let us not be under any illusions. We are still far from being out of the woods. We are far from being ready for the changes happening around us. "We are far from being a united people. We are far from being able to compete at the global level. We are far from being able to embrace differences and changes. "And underpinning all of this unpreparedness is education," he said at the launch of the International Conference on Emerging Issues in Public Policy at Universiti Malaya's Institute of Public Policy and Management. The former finance minister pointed out that education is the key to prepare the youth for the future. However, he said the education ministry has failed to prioritise the right issues to tackle, which has hindered the progress of reforms within the national education policy. "We are still arguing over whether we should teach Maths and Science in English, when the rest of the world has embarked on advanced curriculums that focus on Industrial Revolution 4.0 (IR4) so as to make their youth more competitive and relevant in a world that is going to be dominated by artificial intelligence and robotics," he said. "To participate in IR4, we must go through a knowledge-based economy and here Malaysia has failed because the government, through the Ministry of Education, has not got its priorities right. The Education Ministry must not fail our nation. "While we are still mired in the political rhetoric of languages, others around us have moved beyond English or Mandarin or Bahasa Malaysia into the language of programming and coding. When will we realise just how far behind we are and lacking?" Daim added. In facing the rise of technology in industrialisation, Daim said the government should implement policies that create an environment where people are allowed to maximise their potential and pursue creative pursuits that are complemented by technology, not replaced by it. The reality is, he said, technology will have the most impact on future employment as robots replace humans in menial tasks. But where one window closes, another opens, he added. "Fields such as Artificial Intelligence, Big Data, Robotics, Supply Chain Logistics, and Smart Manufacturing need skilled workers and indeed, the World Economic Forum has estimated that 133 million jobs will emerge as technology advances," he said. At the same time, Daim stressed that education is not just for skills development, but it is also for the soul. He said the values that are instilled in the youth at home and at the school level will greatly impact the type of adults they evolve into. "We must empower them with the ability to think critically, logically, wisely and to make their own informed decisions, no matter the situation. We must raise a new generation of leaders and great thinkers, not of sheep and cowards," he said.
those who buy & keep Tawin-WA is stupid...exercise price is 20sen, market price now same as Tawin-PA at 5sen....total WA at 92% premium, it will not sustain in long run.
on the other hand, Tawin-PA conversion price at 7.5sen plus market price at 5sen is only worth 12.5sen compared to Tawin mother 13sen.
In summary, the value of Tawin-PA is at discount price right now. It's better to keep Tawin-PA than keeping Tawin-WA.
Big shareholders can make $ through “sell high first, buy low later” strategy..in this bad market sentiment the price easily go lower and lower and most of the retailers will fall into trap “buy high and finally sell low”. The big shareholders finally “ cash-out” big sum of $ and still control the company or can increase the shareholding without paying more..example; sell 18sen buy back til 16-17 sen (buy big vol to attract retailers who think the price will move higher), when retailers jump in, sell from 17-16sen until 14sen, buy big vol till 14.5 sen and retailers jump in and hope will move higher and sell again until 12 sen, buy in big vol til 13 sen..can repeat buy until 14sen maybe then sell until 10 sen.. the PA and WA can be sold with huge vol at around 4.5-5.5 sen and by the time mother only 8-10 sen, they can buy back half the price and profit millions of dollars.. this may not be true, only my observation and opinion
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Posted by patrickong > 2019-07-23 21:28 | Report Abuse
Ok Thanks