January 14, 2010

Malaysia: The PM Equalizer

Look at the intake of non-Malays in the Royal Military College (RMC)these days. The figures are just too dismal that you would have to say it in whispers. Only 5%? When did they started downsizing on the non-Malay intake, not yesterday?

So it has come to pass again. "The evil that men do, lives after them." says the Bard. Contextually, it is the same case here too.

So, what does it take to right the wrong? A Prime Minister-a prime minister that is willing to call a spade a spade. A prime minister who is willing to be an equaliser.

PM Najib has now ordered that 30 per cent of intake into the RMC must now on be reserved for non-Malays.

Now, even the Defence Minister Zahid Hamidi has jumped on the bandwagons to enlighteningly say that 30 per cent quota of non-Malays was to demonstrate that the RMC is a full-boarding school open to all races in the country. What a sea-change!

He is in full implementation mode.

“Even though the new campus located in Sungai Besi will be ready in 24 months but this year when the Penilaian Menengah Rendah (PMR) was announced, intake into Form Four and Five will begin as directed by the prime minister,” he assuaged.

He said presently the number of non-Malay students in the college was less than five per cent. He said based on the 1 Malaysia concept as espoused by Najib he was confident the intake of non-Malays would increase to 50 per cent.[This has now to include the pribumis from Sabah and Sarawak as well.]

Zahid said RMC graduates could make a choice to continue their education in university or join the military service.

“If they choose to join the military service they will be paid an allowance,” he said.

So, let us see more 1Malaysia being implemented,courtesy of a right-thinking PM.

Kudos to you, PM Najib!

Malaysia: They Dared to be Doctors

This is a letter from the Readers Write in the STAR today. I want to paste it here to caution parents that being a dcotor these days is no longer glamorous. Also, I wonder whether it justifies your RM1 million dollar investment.

So please read.

"Don’t work our doctors to death

DOCTORS hold one of the most noble jobs in the world but it is known that doctors in Malaysia are not treated well enough.

They need to work seven days a week and rarely get any public holiday.

When they are on call, they need to stay alert throughout the night. Can anyone imagine having to work through the night and continue working the next day?

Not even night shift workers work for 36 hours straight like some doctors do. The pay of a doctor is not as high as is expected as they only get between RM3,000 and RM4,000. Other than that, doctors are constantly yelled at by their seniors during their house-manship.

Although most doctors choose the profession to help the sick, the bad treatment they get often makes them neglect their duties.

All in all, Malaysia should truly appreciate their talented doctors and not work them to death.

Doctors should be given regular holidays as they have to work hard when they are on call. Those who do not know the real job of a doctor may think that it is easy. On the contrary, it is truly challenging.

YONG CHEE YUEN,
Kajang.

So there you have it.

Think twice. It is no longer the golden goose of an occupation.

Japan: IT or Bust!

Haraguchi Kazuhiro,Japanese Minister of Internal Affairs and Communications gave a dire warning today. The Business Times Singapore today quoted his fear for the nation and economy.

"Follow Singapore’s lead by prioritising the use of information technology or prepare to lose its status as an economic superpower within mere decades!

What is this warning premised upon?

"Japan risks falling to No. 8 by 2050 from its current ranking as the world’s second largest economy", he bluntly told the Foreign Correspondents Club of Japan yesterday.

Asked how Japan could achieve the “sustainable annual economic growth of around 3 per cent” that his ministry is targeting in about 10 years from now, Haraguchi replied that “the answer lies in Singapore”.

He acknowledged valuable help that he said he had received from academic friends in Singapore in formulating his ideas of how Japan could raise its lagging productivity trends.

Haraguchi cited what he called Singapore’s transition from a “concrete road” of industrial development to a “road of light” through the widespread use of fibre-optic and other forms of IT communications promoted by the Singapore government.

According to the Infocomm Development Authority of Singapore, Internet penetration among Singapore households in 2008 was at 76 per cent of the population.

In contrast, only around 30 per cent of households in Japan are linked to the Internet, Haraguchi said. Japan needs to catch up on the use of IT in education, government and business in order to boost productivity, he stressed.

Haraguchi also suggested that Japanese society is suffering from an “excess of government paternalism” that is stifling individual effort and innovation.

While the most competitive and export-oriented industries have achieved high productivity through competition and cost cutting, a “second layer” of manufacturing and service sectors suffer from low productivity and high costs, he added.

If these industries continue in this low-growth mode, the country’s economic growth rate could be dragged down to around one per cent annually over coming decades, the minister warned.

"Better use of IT communications could help make such laggard sectors more competitive and raise their productivity dramatically, he suggested.

Likewise, an easing of central government regulation that stifles such innovation is needed if Japan is to retain its high ranking as a global economic power, the minister said.

Prime Minister Yukio Hatoyama’s Democratic Party of Japan-led coalition government is dedicated to improving the autonomy of local governments in order to help unleash the currently untapped power of the people, Haraguchi added.

Malaysia: The Literati and the Illuminati in Singapore

Lee Mun Fah's article in mysinchew.com today is interesting. It tells about the Malaysian bright minds studying in Singapore and those who are gainfully driving the economy of Singapore.

Let us read the translation.

"When the Singapore-Cambridge General Certificate of Education (Ordinary Level) Examination results were released last year, the country’s leading Chinese-language newspaper Lianhe Zaobao used the headline: Top O-Level student again a Malaysian”.

I was attracted by the word “again”.

Her name is Lai Kai Rou and same as top student last year Haw Sue Hern, she studied in SRJK (C) Lick Hung before going to study in Singapore.

The report stressed that in SRJK (C) Lick Hung, everything is taught in Chinese except for English subject. I would like to add that SRJK (C) Lick Hung is a Chinese primary school.

Lai, who has again won glory for the country, is one of the 17 foreign students among the 43 top O-Level scorers.

I must mention here that among the above-mentioned 17 foreign students, 11 of them are from China and six of them are Malaysians. The number is equal to 40 per cent of the 43 top scorers.

Singaporeans exclaimed in surprise. They wondered why there were so many foreigners among the top scorers.

“In fact, leaving home is no longer about the pain of ‘homesick’ but the freedom without fear!” At the same time, we also exclaimed in surprise. We wondered why so many top students have gone to Singapore.

Singaporeans were wondering why the top O-Level student was not a Singaporean and why Singaporean students were lack of spirit compared to foreign students.

Meanwhile, we were wondering why we always lose talents.

Lai said: “I like the freedom given by the peaceful Singapore, it allows me to move around without worry.”

In fact, leaving home is no longer about the pain of “homesick” but the freedom without fear!

Of course, a little girl’s way of thinking is relatively simple. For her parents (both graduates of the University of Malaya), studying in Singapore allows her to enjoy other freedoms. For example, the freedom of choosing a university, the freedom of choosing a major and the freedom of getting a scholarship based on academic results without the so-called quota system and colour distinction.

How many Malaysian students, like Lai and her younger brother, have been flocking to further their studies in Singapore right after they have completed their primary schools with the scholarship provided by Singapore every year?

And how many Malaysian students from Chinese independent high schools (second-class students and copycats for Singapore Minister Mentor Lee Kuan Yew and historian and academician Prof Emeritus Tan Sri Khoo Kay Kim) have been enrolled into prestigious universities of the Lion City every year and end up settling down while contributing to the prosperity of the country?

There are many shining stars who are originated from Malaysia in Singapore. For example, founder, Group Chief Executive Officer, and President of the Singapore-based Hyflux Group Olivia Lum used to be an orphan from Perak; and Chief Executive Officer of Jetstar Asia Chong Phit Lian was just a little girl selling pineapples at her own doorstep in Kulai, Johor when she was six.

The current Health Minister of Singapore Khaw Boon Wan is also originated from Malaysia. He used to study in the Penang Chung Ling High School.

In fact, there are too many similar stories to tell."

For many, Singapore is the proverbial launching pad to excel in studies so as to be able to enter the great universities of the world. It is also the metaphoric ''Garden of Eden' where careers thrive on merit and performance.

Malaysia: The Brain Drain


We have one great James Bond movie. It's called 'From Russia with Love".

Now, that our DPM is in London, will we have some great stories titled,"From London with Love" on his return?

Sure, he got to meet the many Malaysian students studying in London. The pictures of him mingling with a multi-racial crowd was nothing short of comforting.

Bringing back top Malaysian brains is nothing new. The Ministry of Science had been doing that for decades without success, shying away from the issue of the impermanence of returnees.Scientists that returned felt short-changed. They felt like laboratory mice and went back to their foreign employers, by and by. Why, the conditions were less than what was previously represented.


Like smart money, best brains stay away from low income areas. Malaysia is in the backwaters as far as paying good salaries is concerned.Perks are few and there is hardly any motivation for the returnee nor his family to stay on.

Until the country start to be more serious and have a long term plan to retain returning knowledge workers, irrespective of race, religion, creed and political correctness, there will be outflow year after year. Even 'bumiputras' are not returning and are prepared to slug it out in their adopted countries without affirmative crutches.

I am worried this 'touch and go' approach of sending a politician-cum-salesmen to London is good for optics and is but a successful public relations job. As usual, I tip my hat and say 'Bravo' to Wisma Putra for its politically correct 'coups and success stories'.

Most of the brain-drain is to neighboring Singapore and to Australia. In fact, from Singapore, many Malaysians are now working in China. And believe me, with the current back pedaling of using BM instead of English for Science and Mathematics come 2012, get ready for the exodus of the younger set of brain drain exiting at the secondary school level for Singapore.

So, when will this nation be addressing this serious brain drain issue to Singapore? It should be an NKRA area, shouldn't it?

PKRZ-Government Invested;Shark Infested?

Be patient, implored the Attorney-General.

To date they have charged only three minnows. Where are the great oaks, you may ask.

The usual answer-coming soon as seen on old cinema posters of halcyon days.

Why so? Too much intricacies and we need to build a solid case beyond reasonable doubt. This I believe so, Mr. AG.In fact, this you must do as many high profiled cases are just 'gone with the wind'! The DPPs could not even cooked out a prima facie case.

In a season where the public are crying for the 'big fishes' and not the willowy 'sardines', can we put more experts on the case?

"We’ve also engaged a group of consultants, accountants sitting down and going through the documents," so says the AG.

"They have outlined certain things but cannot get me certain evidence yet," he said, adding that investigators need to follow the money trail, following which many people will have to answer for.

On the question of catching bigger fish, he said: "You don’t swindle that kind of money if you’re not a big fish. So let’s get this straight first then we go to the next one." Well said, my good AG.

"There are so many aspects. There are civil litigation aspect, there is the criminal aspect, there is recovery – there are so many aspects that we the task force is looking at." Point taken,my good man.

The Man Who Would Be Sultan

I like this news article on and about the current Sultan of Negeri Sembilan in a state of Malaysia.It was written by Dina Zaman and published in the Malaysian Insider on-line news portal today (15 January 2010). The interview with Tunku Zain Al-’Abidin ibni Tuanku Muhriz, his second son, was eye-opening.

I would do some abridging to the article to make it succinct.


"This is the heartening and inspirational story about a man and his family living under extraordinary circumstances.

Living a typical middle-class life — with a wife and three sons, one of whom is severely disabled — the man ploughed all his earnings into a stellar education for the two older sons, and medical and physical care for his youngest.

Then one day he receives the news that he is to be the new Yamtuan of Negeri Sembilan.

The installation of the Yang di-Pertuan Besar of Negeri Sembilan Tuanku Muhriz ibni Almarhum Tuanku Munawir on Oct 26, 2009 was regally austere and yet filled with ceremony.

The installation itself was unusual, owing to its emphasis on the Adat Perpatih as there are many customs unique to Negri Sembilan. Regents, ministers and other dignitaries attended the installation of the ruler who was elected by the Undangs (four of the Ruling Chiefs of Negeri Sembilan) in December 2008.

So, how has the family dealt with the changes? Tunku Zain Al-’Abidin ibni Tuanku Muhriz (TZM), the second son of the Yamtuan, is the founder and president of a think tank, a columnist with an English daily, and a research fellow at the National University of Singapore. He speaks about this sudden change in his family’s life.

Let us read a Q and A Session between the Malaysian Insider and TZM.

Q: Did your family ever think that this (installation) would ever happen? Or was it just a dream that the family accepted might never happen?

A:There was a point in my childhood when I realised that my father, Tuanku, might one day be a ruler — I remember my classmates asking me about it at school and I didn’t really know what it was all about! We were like many other families in Malaysia trying to realise the Malaysian dream. We were lucky to attend excellent schools, but that’s because Tuanku believed in a good education. All my parents’ savings went to that: our schooling, so that we’d have careers and make something of ourselves.

What set our family apart was my younger brother Alif, who is severely handicapped and underwent a special programme that involved many members of the extended family and friends. My father was a businessman, and my mother had an active KL life: the Speakers’ Club, the Inner Wheel, her numerous hobbies and passions… although family life always was and will be her first priority.

The most visible evidence of our royal status was when we went back to Negri Sembilan during Hari Raya, or when my paternal grandmother (Tuanku Durah binte Tunku Besar Burhanuddin, the widow of Tuanku Munawir) came to visit. I remember being very confused about the different ways to salam and sembah. Once, I angkat tangan to my maternal grandmother (To’ Puan Zainun binte Haji Su Mahmud) and she scolded me!

Q: Has your life changed since your father’s proclamation?

A: When Tuanku Ja’afar passed away, and this was even before the Undangs met to decide, it struck me that as a family, we had never even discussed the possibility of our father becoming the Yamtuan. Of course I was happy when the Undangs elected my father to succeed Almarhum Tuanku Ja’afar, who was a highly respected Ruler who oversaw massive development in Negeri Sembilan.

My own life has not really changed since I continue to pursue my career and my hobbies; it’s just that the calendar is now punctuated by numerous functions and ceremonies. The past few months have been particularly busy because we were working towards the installation in October. Many members of the extended family devoted much time and energy towards it, in addition to the resources committed by the government.

At first I was advised by many friends to be wary of people, and I didn’t realise why this was necessary, since I’m quite laid-back by nature. But then a few weeks after my father was elected, some group was claiming that I had agreed to be patron of a badminton tournament which I had never heard of!

Q: How is the monarchy relevant in this day and age?

A: Our monarchy plays many roles in the well-being of our nation: historical, cultural, constitutional. I have argued before that our monarchy is an important check and balance institution in our democracy — much like many other institutions created by the Federal and State Constitutions. The experience of several other countries proves that constitutional monarchs can be an effective part of a healthy democracy — in fact, most of the world’s most advanced democracies are constitutional monarchies.

Still, the reputation of many of our public institutions have received a battering in recent times, so our challenge is to convince the people that our actions are in the interests of the people. I would add that many Malaysian royals are far more middle class than many Malaysians realise. There are rich royals and poor royals, unemployed royals and professional royals, who work as executives, teachers, lawyers, small business owners — they share the same interests as many other Malaysians.

We’ve also just established a new foundation called Yayasan Munarah, which will focus on education and the creation of new opportunities for individuals and communities which have been left behind. Negri Sembilan, as Tuanku mentioned in his installation speech, has long been a place where people come to look for new opportunities. The Minangkabau migrations that occurred from the fourteenth century were followed by settlers from all over the region and the world. We hope that this openness and attractiveness continues.

After Tuanku’s installation, we went to Kuala Pilah for a dinner with the rakyat. It was utterly overwhelming to see the streets lined with thousands of people of all ethnicity and age groups coming to greet their new ruler. And, after Negri Sembilan beat Kelantan in the Malaysia Cup there were shouts of “Daulat Tuanku” and spontaneous singing of the state anthem. It was an unforgettable reminder of the most important function of a monarch: to serve and to unite the people.

Well said, my noble prince!

Just Fancy That!

This redneck really has the gall to do it!

Let us read what came in a Malaysian daily this morning.

"A MAN recorded his neighbour undressing in her own bathroom on his handphone and had the gall to ask her to return the device after she seized it from him.

Harian Metro reported that the woman was changing in her bathroom at her Pandan Indah flat at around 4pm on Wednesday when she heard noises from the window.

When she peeked outside, she was shocked to find her neighbour holding up his handphone and recording her through the bathroom window grill.

“Although she screamed, the man continued recording as if nothing had happened.

“However, the quick-thinking victim reached out and grabbed the handphone,” the newspaper quoted a police source.

The man then had the nerve to wait outside the victim’s flat and pleaded with her for the return of his handphone. The victim refused and alerted the police instead.

The man fled before police officers arrived at the scene."

I think he is gonna pay for this felony BIG time!

Bursa KL: Surviving Friday

First, we have the January effect. Then there are the days for window dressing as each year drew to a close.

As we draw inspiration and exasperation from Wall Street, the trading moods of high and low are somehow predetermined in such secondary satellite markets as Malaysia. Except a few cornered counters which could be determined by nudge,push and shove, the broader market is unlikely to have traction if Wall Street should dip. Strangely, when Wall Street should go up, the local bourse is slow to react.

One thing to be said lately about Bursa KL. It does not have that element called momentum. As such prices of a counter can move up a day or two and then fell below that price in which it started the advance.

The other thing to note is the Friday Fear Syndrome. As a developing nation, Malaysia is beset with local political problem. One small political hiccup can stir a hornet's nest and capital flight. As such, very few institutional players will take position on Friday. As many so called 'bad things' can happen during the week-ends, they will sell into strength on Fridays and then take new positions on Monday next if the 'coast is clear'.

So, if you are contemplating on entering the stock market, Fridays are good days. Prices normally comes off as the bargain hunters averages down on their favourite counters. Bargain a few notches down and take the gamble. Someone may just give the shares to you.

Normally, if a stock can survive Fridays without coming off or can climb against gravity ,it is worth a second look provided you can hold it medium term.

Do study the counters before you jump into the foray.

Happy investing!

The Cheek of It All!

First a caveat. I am not a bigot.

This morning while escorting my daughter to college, we were obstructed on the outer lane by a blue car which has seen better days. In the car were three rough-looking people from one large sub-continent. I think the best words to described them will be local rednecks.


They stopped their car on the slow lane and tried to pick up two college girls of their own ethnic group;as usual opening the conversation that they needed directions.When we touch the horn gently to ask them to move along, the driver just pulled out his hairy arm and gesture us to go ahead. How could we? The inner lane was a speed lane and no one would give way when it was rush hour.

They were adamant to pick up the girls and even opened one of the passenger car doors to beckon the girls to go into the nasty trap.Real nasty chaps,these were.

We had no choice but to risk it to use the fast lane.

What can one say about these people?

The pariah of the earth and menace to society,that's what!

2010:The Year for Sovereign Default?

The WEF (World Economic Forum) has labeled 2010 as the year for potential sovereign default.

Their latest report has shown that the risk of deteriorating government finances could push economies into full-fledged debt crises.

Major world economies have responded to the steep downturn created by the financial crisis with stimulus packages and by underwriting private debt obligations, causing deficits to balloon. This may have helped keep a worse recession at bay, but high debt has become a growing concern for financial markets.

The WEF think tank, in its annual Global Risks report ahead of its meeting in Davos, Switzerland, said unsustainable debt levels ranked among the top three risks for the year ahead, alongside underinvestment in infrastructure and chronic diseases driving up health costs and reducing economic growth.

Already fragile economies, particularly in the developed world, are at risk of “overextending unsustainable levels of debt”, potentially leading to full-blown crises with inevitable social and political consequences, not least higher unemployment, it said in the report released on Thursday.

“Governments, in trying to stimulate their economies, in fighting the recession, are (building) unprecedented levels of debt and therefore there is a rising risk of sovereign defaults,” said John Drzik, Chief Executive of management consultancy Oliver Wyman, which was one of the contributors to the WEF report.

He said higher unemployment levels could follow, with associated social and political risks.

“Debt levels have risen from 78 percent (in 2007, before the crisis) to 118 percent of GDP in the G20 ... this is something that could really create much more of a crisis than in the past, and we are already in a vulnerable situation.”

Worries over Dubai, Ukraine and Greece have spilled over into global markets in the last month, and all three look set to remain under pressure, with the threat also high for the economies of “irrational exuberance” -- the United States and the United Kingdom.

The WEF report said both these major economies were faced with “tough choices” in the months ahead as they seek to time a “gradual and credible withdrawal of fiscal stimulus so that the recovery is sustained but not so late that fiscal deficits cause fear of sovereign debt deterioration”.

Other major risks highlighted by the report include underinvestment in infrastructure, which could hurt food and energy security. The World Bank puts global infrastructure investment needs at $35 trillion over the next 20 years.

Chronic disease -- from heart disease to strokes -- is another threat looming, as the cost of treating patients rises, driven by demographic changes and dietary shifts.

The WEF warned the problem was key for both developed and developing nations, particularly as governments seek to reduce the burden of health care and aid funding shrinks.

Let us hope even if there are sovereign defaults, they could be contained creatively by the world community.