tag:blogger.com,1999:blog-129279382024-03-22T15:16:28.843+08:00Competitive MalaysiaThis blog is about competitiveness of a country,a race, a state or a company.Peterhttp://www.blogger.com/profile/07932599388323439823noreply@blogger.comBlogger211125tag:blogger.com,1999:blog-12927938.post-72160072839757007502013-12-26T21:26:00.001+08:002013-12-27T20:49:57.688+08:00Suitability of Maybank CEO as a Minister<a href="https://www.google.com/url?url=https://says.com/my/news/toll-rate-hike-malaysia-2014&rct=j&sa=U&ei=CC28Usj2LMe4iQeI6YD4CQ&ved=0CDEQ9QEwAw&sig2=BH6O9AnG47zn5vo5SeYEbg&q=wahid+omar&usg=AFQjCNGGbcW5TxAsxAKib-A7AWP5_BNurQ"><img height="91" src="https://encrypted-tbn2.gstatic.com/images?q=tbn:ANd9GcT9ERlfij-UJu1BOjC5nHQlZkDyOO8oWoPCM1G-gFm-7kenM4-4RT1FsG4X" width="137" /></a><br />
Malaysia government used to appoint CEO of Maybank as governor of Bank Negara. However, since internal promotion of <span class="st">Tan Sri Dato' Sri Dr. <em><strong>Zeti</strong></em> Akhtar Aziz as the 7th and current governor of Bank Negara Malaysia, Malaysia's central bank. Dr Zeti remain as governor of Bank Negara since May 2000, and was the first woman in the position. In 2013, Tan Sri Dr Zeti Akhtar Aziz has again been accorded “Grade A” among the heads of central banks for the 10th time by the Global Finance magazine. </span><br />
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<span class="st">Since the appointment of Tan Sri Dr Zeti. CEO of Maybank no longer get appointment to governor of Bank Negara. In fact, CEO of Maybank get appointment as Minister in Prime Minister Department. However, is this suitable?<br />
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<span class="st">One of renown political analyst, who is member of ruling party MCA, said in a TV interview that it is Minister of Prime Minister Department, <strong>Tan Sri Amirsham Abdul Aziz</strong> ,former president and chief executive officer of Maybank recommendation of numerous price hike of petrol that cause ruling party loss it 2/3 majority and the fall of Prime Minister Datuk Seri Abdullah Ahmad Badawi.</span><br />
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<span class="st"><a class="bia uh_rl" href="https://www.google.com/imgres?imgurl=http://borneoinsider.com/wp-content/uploads/2013/06/wahid10.jpg&imgrefurl=http://borneoinsider.com/2013/06/10/wahid-to-come-up-with-new-direction-plan-for-epu/&h=207&w=244&sz=1&tbnid=D1g49hu3scGc2M:&tbnh=169&tbnw=200&zoom=1&usg=__MlXJ2ZxquoHr5FKVOh4rWKX_EtE=&docid=rROzGO2Zz6Y9NM&itg=1&sa=X&ei=4yy8UvHCPKqRigfJlICwCg&ved=0CI4BEPwdMAo" id="D1g49hu3scGc2M:" style="height: 169px; margin-left: 0px; margin-right: 0px; margin-top: 0px; width: 200px;" tag="bia"><img align="middle" alt="" border="0" class="th imgthumb11" height="169" name="imgthumb11" 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" 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<!--n-->Current Prime Minister <span class="st">Dato' Sri <em><strong>Najib</strong></em> appointed CEO of Maybank Dato' Seri <b>Abdul Wahid Omar</b> as Minister of Prime Minister Department again. I like <strong>Abdul Wahid Omar</strong> as he is from Corporate Finance Department. Personally, I like CEO from Corporate Finance. Journalist also like in as a CEO of various GLC as he always done his homework, well prepare, have all the figure, know all the fact and able to answer all query from journalist.</span></span><br />
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<span class="st"><span class="st">However, whether he is suitable as a Minister of Prime Minster Department is another question. The recent price hike of petrol, sugar, toll etc have cause a lot of dissatisfaction. He might have solve the twin deficit problem for the country. However, whether the pace and timing is political correct or not is yet to be see.</span></span><br />
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Mahathir : <a href="http://english1.cari.com.my/forum.php?mod=viewthread&tid=776599&fromuid=1950303" target="_blank">The Cost of Government</a><br />
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Past president of the Malaysian Institute of Architects (PAM) Dr Tan Loke Mun disagrees that confined and crowded living quarters are breeding grounds for rapists.</div>
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“We don’t find an increase of rape in densely populated cities like in Hong Kong, Singapore, China, Japan or Scandinavian countries where land is scarce and expensive,” he argues.</div>
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Another arguement is on dress code. One race claim a ladies should cover their "aurat" whereas other race claim is their human right for a person to choose their own dress code. The argument has been on for many years and there is no ending of such debate as each race or religion demand other to respect their right.</div>
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In fact, Marina Mahathir (daughter of ex-Prime Minister Mahathir) has ask<a href="http://groups.yahoo.com/group/beritamalaysia/message/47849" target="_blank"> "Find out why" since 2002</a>. Yet there is no answer for more than 10 years.</div>
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<a href="http://www.thestar.com.my/story.aspx?file=%2f2008%2f8%2f3%2flifefocus%2f1710444&sec=lifefocus" target="_blank">Two scholar,Dr Rohana Ariffin, retired associate professor of Universiti Sains Malaysia Penang, and her former student Rachel Samuel also done a research on this issue</a> in 2008. Unfortunately, both of them are ladies. How ladies understand what is in mind of a guy? Thus, the research provide no solution until today.<br />
<br />
They get answer like "<a href="http://www.thestar.com.my/story.aspx?file=%2f2008%2f8%2f3%2flifefocus%2f1710444&sec=lifefocus" target="_blank"><em>Jika makanan sudah dihidang, kalau saya tak makan, lalat akan turun. Biar saya yang makan</em> (If food is served and I do not eat it, the flies will come. Let me be the one who consumes it). or <em>Nak tidur, bantal pun sampai, kita pun tidurlah</em></a> (Want to sleep and the pillow is here. May as well sleep on it).<br />
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This is a response from a race that fasting for one month every year. Why a person can control their desire on food but not their lust? Further, there is a chinese proverbs said "<strong>no matter how fierce a tiger, it won't eat it own son</strong>". Why a human want to eat his own daughter or grand daughter and used "lalat" as an excuse? Why people never fast have lower percentage of incest and rape? How they control their lust if they unable to control their desires for food?<br />
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In fact, this case are not only confine to one race in Malaysia. Ladies who travel to Middle East countries also have unpleasant experience despite people in Middle east country never consume alcohol like in India.</div>
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One of the different between the race with higher percentage of incest is they have perform "Sunat" whereas the race with lower percentage of incest and rape never perform "Sunat". Does a guy who have perform "Sunat" will be more sensitive as the cover or protection has been removed? Some claim it is less sensitive as they have been used to being unprotected or uncover. But why higher percentage of incest and rape for such race? Perhaps, a more scientific study have to be done.</div>
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Jewish also perform "Sunat". But we rarely hear high percentage of incest nor rape case among Jewish? Maybe western person are more open and they never lack opportunity of consenses sex with opposite sex to release their desires. However, a more scientific study need to be done by scholar, ideally, a guy. <br />
<br />
I do remember old testament bible also required a person to be "Sunat". But neither Christian nor Catholic require their follower to perform "Sunat" now a day except Jewish. Bible, same with Islam, also stated people who collect interest commit a sin.But now, every bank charge interest in our financial system, which is western financial system, provided you never charge "ah long rate"(Loan shark rate). But muslim still insist to have their own "Islamic finance". But I don't understand why Ah Long was allowed in this country.Shouldn't this is be <strong>"most"</strong> unislamic industry?<br />
<br />
Update 1 : <a href="http://www.thestar.com.my/News/Nation/2013/07/24/KK-cracks-down-on-Ah-Long-ads.aspx" target="_blank">KK cracks down on Ah Long ads</a>..</div>
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Actually, BN, effectivelly found by his father Tun Abdul Razak, transform from the then Alliance. But, to my surprise, he never did anything on BN at that point. In fact, even party nearly wipe like <strong>People's Progressive Party</strong> was allowed continue to exist. this might be due to promised made by his father when BN was form. The reason his father managed to win back 2/3 majority after 1969 election but not him in 505 2013 might be due to he never reform BN like his father reform Alliance.<br />
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Now, The call for reform has been voice out again after May 5 2013 election to transform BN from a current coalition of communal parties into a single , merged multi-racial entity. However, it immediately get some opposition from within UMNO itself. Then, there is some assets issue. Like those media company control by UMNO. Will member willing to share their assets with other component party.<br />
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MIC make the first move by start negotiation with MIC president Datuk Seri G. Palanivel, suggested to combine the People's
Progressive Party (PPP), the Indian Progressive Front Malaysia (IPF), Makkal
Sakthi and other Indian community-related parties into a single entity. <a href="http://www.nst.com.my/latest/merger-of-indian-parties-seen-as-good-for-credibility-1.304605" target="_blank"> Indian scholar,NGO and political analyst</a> want the merger .<br />
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PPP have a strong present in Perak state especially at local councilar level. MIC will have a strong present in Perak if MIC and PPP merger succeed, after MIC get speaker of Perak again after 308. Then, there is more reason for people to support a party if it has a strong present in a state, if not govern a state.<br />
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Sarawak base SUPP have merger talk with MCA before to transform Malaysian Chinese Association into Malaysian Civic Association but fail. SUPP also have merger talk with Gerakan before but was oppose by UMNO at that time. However, UMNO unlikely to oppose this time as both party have so few elected representative to postr a threat to UMNO compare previously. Gerakan have merger talk with MCA twice. Once, for MCA to become Malaysian Citizen Association, but it suggested MCA President to become President of Malaysian Citizen Association. This make President of Gerakan at that time, late Lim Chong Eu not happy and rejected the suggestion. This is because late Lim Chong Eu, Penang Chief Minister at that time was a President of MCA before. Thus, he is a veteren MCA member and a President of MCA even before tha President of MCA become Member of Parliament. Thus, negotiation fail. Then there is another merger suggestion more recently when Ong Ka Ting is President of MCA and Koh Tsu Koon President of Gerakan if not mistaken.<br />
<br />
Now, the trio, SUPP, MCA and Gerakan only have a handful of elected representative. Previously, if a President of component party cannot become a President of merger party. The negotiation is likely to fail. But now, it become irrelevant who is President as everybody also not a member of Parliament, a Minister nor a Chief Minister of a state. at least , there is no "loss of face" if I am a elected representation but no hold an important party post. Thus, this become best time to reform. MCA might potentially ger Chief Minister of Penang and have present in Sarawak if merger succeed. A strong appeal to voter to fight Pakatan multi-racial party DAP, who also govern Penang state now<br />
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As for UMNO. There is more opposition from member to become multi-racial party like Pakatan's PKR. It doesn't help as it is more difficult for a winner to reform compare to party that have setback in Geneeral Election. Traditionally, only chief of state of BN not hold by UMNO is Penang as Gerakan hold position of Chief of BN. Other Chief of state in UMNO unlikely to give up their position. Thus, the least opposition is to merge Umno with Gerakan. However, unlike MCA, there is no merger talk between UMNO and Gerakan before. Thus, it is more difficult for merger of Gerakan with UMNO than to MCA.<br />
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One possibility is Sabah. UMNO can open it Sabah membership to non-bumiputra test the water. Sabah already have non muslim bumiputra member. Different race in East Malaysia also can sit together to have teh tarik. Unlike in Peninsular Malaysia where you only see same race to have teh tarik on same table together despite other race also have teh tarik within same store. Sarawak also a state with larger number of non Malay civil servant. This is different from West Malaysia where bumiputra claim non-Malay are not interested to joint civil servant. East Malaysia also have hgihest percentage of non-chinese study in chinese vernacular. Which contribute to Chinese vernacular school to become most "1 Malaysia" school in Malaysia. However, UMNO do not have present in Sarawak. Thus, have to start in Sabah first rather than Sarawak. This is a small but important step for UMNO member to comfortable to become Multi-racial Party like Pakatan's PKR.<br />
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Update 1 : <a href="http://www.thestar.com.my/News/Nation/2013/07/21/Gerakan-Merger-talks-only-after-party-polls.aspx" target="_blank">Gerakan: Merger talks only after party polls</a><br />
Update 2 : <a href="http://www.nanyang.com/node/550481?tid=460" target="_blank">郑可扬:3党要谈合并 马华须解决单元种族路线</a><br />
Update 3 : <a href="http://www.thestar.com.my/News/Nation/2013/07/22/Zambry-Merger-of-BN-parties-not-as-easy-as-it-sounds.aspx" target="_blank">Zambry: Merger of BN parties not as easy as it sounds</a><br />
Update 4 : <a href="http://www.nanyang.com/node/550723?tid=460" target="_blank">颜炳寿: 基层不再反对 马华是时候组多元政党</a><br />
Update 5 : <a href="http://www.nst.com.my/nation/general/merger-of-bn-s-3-chinese-parties-gets-dr-m-s-nod-1.324816" target="_blank">Merger of BN's 3 Chinese parties gets Dr M's nod</a> <br />
Update 6 : <a href="http://manage.mmail.com.my/story/dr-m-bn-better-sole-chinese-party-61138" target="_blank">Dr M: BN better off with sole Chinese party</a><br />
Update 7 : <a href="http://www.nanyang.com/node/550916?tid=460" target="_blank">马哈迪<b>赞同3华基政党结合</b></a><br />
Update 8 : <u><span style="color: #0066cc;">Dr M favours merger of these Chinese parties</span></u><br />
<span style="color: #0066cc;">Update 9 :<u> </u></span><span style="color: black;"><a href="http://m.themalaymailonline.com/malaysia/article/dr-m-sole-chinese-party-better-for-bn" target="_blank">Dr M: Sole Chinese party better for BN</a></span><br />
Updsate 10 : <a href="http://www.nanyang.com/node/551163?tid=460" target="_blank">华基政党合并没进展 党领袖勿对外发言</a><br />
Update 11 : <a href="http://www.nanyang.com/node/551567?tid=813" target="_blank">亮眼观势:华基三党合并?●</a><br />
Update 12 : <a href="http://www.nanyang.com/node/551566?tid=490" target="_blank">不吐不快:合并</a> .<br />
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2003, Soros — as the <a href="http://en.wikipedia.org/wiki/Hedge_fund" title="Hedge fund">hedge
fund</a> chief of Quantum — may have been partially responsible for the economic
crash in the 1997-98 Asian financial crisis,with Tun Dr Mahathir calling George Soros a “moron” , while Soros hit back by describing the Malaysian premier as a “menace to his country”.<br />
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It seem both person have nothing in common and both do not see eye to eye on each other.<br />
<br />
<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgPomJHSqtyoME3s_1GEvvZgPMoJoFk47rvI5t0lh47O_e6GyVZ86wBEnGml3IJTBOzrmfdEtbcfs15b3bOcfk_JFdIibC7DyamIJ7ErelW6xCmD_0RjvOAo8vW5CozvRhXPKrQ/s1600/A+Doctor+in+house.jpg" imageanchor="1" style="clear: left; float: left; margin-bottom: 1em; margin-right: 1em;"><img border="0" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgPomJHSqtyoME3s_1GEvvZgPMoJoFk47rvI5t0lh47O_e6GyVZ86wBEnGml3IJTBOzrmfdEtbcfs15b3bOcfk_JFdIibC7DyamIJ7ErelW6xCmD_0RjvOAo8vW5CozvRhXPKrQ/s1600/A+Doctor+in+house.jpg" /></a>Recently, I have read <strong>"</strong><span class="br_title_br"><span id="MPHOnline_ContentPlaceHolder1_LabelTitle"><strong>A
Doctor in the House : The Memoirs of Tun Dr Mahathir Mohamad" </strong>and another book by Liang Heng, co-author of <strong>"Son of the Revolution"</strong>《<strong>革命之子</strong>》<strong>. </strong>Liang Heng <strong>梁恒</strong>, an <span class="vk_ans vk_bk">acquaintances of George Soros</span> wrote a book in Mandarin 《和索罗斯一起走过的日子 》<strong>.</strong>about his relationship with the hedge fund manager</span></span><br />
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<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhJw0rtY8v5npkumdqQO3fxmTF6UFHNBBTis7oe-svettVYoWxkWqLZNeccnDI3qOWwhpTU6mxfer1_HxQLmcyyajLIywqQptYO-x3Fm695dPri8v5q8IDnSzoEFmWw4aK94bak/s1600/Son+of+Revolution.png" imageanchor="1" style="clear: right; float: right; margin-bottom: 1em; margin-left: 1em;"><img border="0" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhJw0rtY8v5npkumdqQO3fxmTF6UFHNBBTis7oe-svettVYoWxkWqLZNeccnDI3qOWwhpTU6mxfer1_HxQLmcyyajLIywqQptYO-x3Fm695dPri8v5q8IDnSzoEFmWw4aK94bak/s1600/Son+of+Revolution.png" /></a>After reading both book in different language. I find a similarity between George Soros and Tun Dr Mahathir.<br />
<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEi6XSPsWGIYq5tHulfLf_0sBmYKYyH3mUhJqPf9dKUeuIRD4d5X6iF0fXH4vS-psVK6Lxt6-a5YlIdHwXkOjeowsx-K2pRJITpaMgXHSi_nZcbnUFSlgafTxwK8Bo4fLb37yuWz/s1600/%E6%A2%81%E6%81%92.jpg" imageanchor="1" style="clear: left; float: left; margin-bottom: 1em; margin-right: 1em;"><img border="0" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEi6XSPsWGIYq5tHulfLf_0sBmYKYyH3mUhJqPf9dKUeuIRD4d5X6iF0fXH4vS-psVK6Lxt6-a5YlIdHwXkOjeowsx-K2pRJITpaMgXHSi_nZcbnUFSlgafTxwK8Bo4fLb37yuWz/s1600/%E6%A2%81%E6%81%92.jpg" /></a><br />
Despite a Jew, George Soros help to civilians during the <a href="http://en.wikipedia.org/wiki/Siege_of_Sarajevo" title="Siege of Sarajevo">siege of Sarajevo</a> despite they are Islamic people or muslim.<br />
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Another book " <strong>Soros, The Life, Times, & Trading secrets of The World's Greatest Investor</strong>" stated "The Bosnian War in the early 1990s, had reminded himof how much his own Jewish brethren had gone through earlier in the century. After he had funded the reconstruction of Sarajevo's water supply and natural gas line, a reporter asked him why a Jew like himself would sympathize with a muslim country. In a rare comment onhis Jewishness, Soros noted that " it has a particular resonance if you have experienced one type of Holocaust and you see another. I have a particular concern for the Holocause in the fomer Yugoslavia""<br />
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<div sizcache06310286924876773="56 147 419" sizset="false">
In <a class="mw-redirect" href="http://en.wikipedia.org/wiki/Bosnia-Herzegovina" title="Bosnia-Herzegovina">Bosnia-Herzegovina</a>,
Mahathir has been noted as a particularally and sympathetic co-religionist of
that nation. He visited <a href="http://en.wikipedia.org/wiki/Sarajevo" title="Sarajevo">Sarajevo</a> in
June, 2005 to open a bridge near <a href="http://en.wikipedia.org/wiki/Bosmal_City_Center" title="Bosmal City Center">Bosmal City Center</a> signifying friendship
between Malaysians and <a href="http://en.wikipedia.org/wiki/Bosnians" title="Bosnians">Bosnians</a>.</div>
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<div sizcache06310286924876773="56 147 423" sizset="false">
He made a three-day
visit to <a href="http://en.wikipedia.org/wiki/Visoko,_Bosnia_and_Herzegovina" title="Visoko, Bosnia and Herzegovina">Visoko</a> to see the <a class="mw-redirect" href="http://en.wikipedia.org/wiki/Visocica" title="Visocica">Bosnian Pyramid of the
Sun</a> in July 2006. He made another visit a few months later.<br />
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Both Soros and Mahathir visited Bosnia during that period.</div>
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<div sizcache06310286924876773="56 147 423" sizset="false">
Other than Bosnia, Books by Liang Heng <strong>梁恒</strong> also stated that George Soros's Open Society Foundation also send someone to Chechen, whose people are muslim during Chechn- Russian war. </div>
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Thus, it seem it is wrong that Mahathir label Soros as enemy of Islam or Muslim.</div>
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Among the four criteria above. Malaysia ranking in <strong>Infrastructure</strong> are most steady and consistent but lowest among the four criteria:<br />
2011 2010 2009<br />
US 1 1 1<br />
Sweden 2 2 2<br />
Denmark 3 5 6<br />
Switzerland 4 3 4<br />
Finland 5 6 3<br />
Canada 6 4 7<br />
Germany 7 8 9<br />
Norway 8 7 10<br />
Iceland 9 9<br />
Singapore 10 11 8<br />
Japan 11 13 5<br />
Netherlands 12 12 11<br />
Austria 13 10 13<br />
Australia 14 18 12<br />
Israel 15 16 18<br />
Taiwan 16 17 23<br />
UK 17 15 16<br />
France 18 14 14<br />
Belgium 19 19 15<br />
Korea 20 20 20<br />
Hong Kong 21 23 19<br />
Luxembourg 22 21 17<br />
New Zealand 23 22 21<br />
Iceland 24 24 22<br />
Portugal 25 29 24<br />
Spain 26 28 31<br />
Malaysia 27 26 25<br />
<br />
US top in Infrastructure, and Sweden second for 3 consecutive year. Sweden ranked no 4 this year from 6 previous year in IMD 2011 Competitiveness ranking <br />
<br />
Malaysia consistently ranked around 25 to 27 in a dropping trend<br />
<br />
If Malaysia want to improve in Competitiveness ranking. Improvement in Infrastructure category have the highest chance to improve it overall ranking as Malaysia ranking in Infrastructure remain consistent even Malaysia IMD Competitiveness ranking moving up and down in the last 3 years.<br />
<br />
Among all the country. All <a href="http://en.wikipedia.org/wiki/Nordic_model">Nordic Model</a> countries or <em><a href="http://en.wikipedia.org/wiki/Scandinavia">Scandinavia</a> </em>ranked within top 10 of infrastructure ranking. This is similar to welfare state debated heavily recently among ruling party and opposition PAS.<br />
<br />
However, Nordic model are high tax country. Sweden (2) are the highest tax rate country in the world. Ikea, a Swedish company, move to Denmark initially and later to Switzerland due to high tax rate.<br />
<br />
US (1) ranked first under Infrastructure category but have more competitive tax rate compare to Nordic model country. Among the country within top 10 under Infrastructure. Singapore, the only aisa country. consistently ranked within top 10 ranking with much lower tax rate than US and other western countries.<br />
<br />
I feel it is a bit difficult to model against Sweden if PAS or Pakatan Raykay want to implement welfare state especially it high tax rate. Despite I have advocate <a href="http://competitivemalaysia.blogspot.com/2005/12/benchmarking-of-asia-country.html">Malaysia to follow Sweden</a>, but not on the tax rate. Sweden company like Sony Erricson, Electrolux also not the most competitive company in the world. However, Sweden are one of the countries that invest most in R&D in terms of percentage of GDP. <br />
<br />
Furthermore, Sweden ranked either as the first or second country publishing the highest number of scientific publications in the fields of medical science, <span style="color: #0645ad;">natural science</span> and engineering in 2001. Sweden was world-leading in medical science and second only to Switzerland in natural science and engineering in terms of the number of publications per capita.<br />
<br />
However, there is more information and publication that able to obtian on Finland then Sweden. Thus, it is far more easy to model against Finland than Sweden. Finland has high number of NGO and active civic society.However, in Malaysia, NGO are used to push up water tariff. Malaysia can't rank high in infrastructure if utility cost are high.<br />
<br />
Further, Finland company like Nokia are more competitive than Sweden Sony Erricson. Further, Finland have more technology innovation like Linux,email and recently Angry Bird game etc.<br />
<br />
However, <a href="http://en.wikipedia.org/wiki/Nordic_model">Nordic Model</a> countries have strong labour Union, which is bad on economic base on history in UK. UK in reccession under ruling Labour Party until take over by Margaret Thatcher Conservative Party. However, UK has loss it competitiveness to Germany. Thus, both BN and Pakatan Rakyat in Malaysia should learn from this experience.<br />
<br />
In Finland , Education is compulsory between the ages of 7 and 16 . Tertiary education is free and living expenses are to a large extent financed by the government through <span style="color: #0645ad;">student benefits</span>. If Education is free, then, the recent Public Service Department (PSD) scholarship mess can be avoided.<br />
<br />
Last year, Malaysia ranked 10th in IMD Competitiveness ranking in 2010 and Norway ranked 9th. Sadly, Non of the private sector nor GLC HQ model again DIGI HQ <a href="http://thestar.com.my/lifestyle/story.asp?file=/2007/1/2/lifeliving/16324199&sec=lifeliving">D'House</a> . Digi are only one of successful company from Norway in Malaysia. However, it is undeniable that Malaysia working cultural a bit difficult to change to D'House Model.<br />
<br />
Base on the above analysis. I feel Malaysia can model against Finland and Singapore on Infrastructure<br />
<br />
<br />
Related Post: <br />
Lim Kit Siang : <a href="http://blog.limkitsiang.com/2010/09/07/why-do-finlands-schools-get-the-best-results/">Why do Finland’s schools get the best results?</a><br />
Randon Shots : <a href="http://amelia7.blogspot.com/2011/03/more-is-more-or-less-is-more-finland.html">Finland...Where Less Is More </a><br />
<br />
<br />
<br />
<br />
<br />
<a href="http://competitivemalaysia.blogspot.com/2011/06/my-comment-on-imd-2011-world_14.html">Part 2: Economic Performance</a><br />
Next Part 4: Business Efficiency<br />
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<br />
Among the four main criteria above. Malaysia rank high in Economic Performance. Minister of international Trade and Industry, Dato' Sri Mustapa Mohamed issued a <a href="http://www.mpc.gov.my/mpc/images/file/Press%20Release/MEDIA%20STATEMENT%20BY%20YB%20MINISTER%20-%20on%20IMD%20Report%20-%2019%20May%20_final_.pdf">media statement</a>, which specifically stated : <br />
<div align="left">8. It should be highlighted that the ranking for Economic Performance, which gives a</div><div align="left">macro economic evaluation of the domestic economy and is based on real/hard data,</div><div align="left">improved to 7<span style="font-family: Calibri;"><span style="font-size: xx-small;">th </span><span style="font-size: small;"><span style="font-size: small;">position this year ahead of Taiwan, Sweden, Canada, Australia, UK and </span></span></span><span style="font-family: Calibri; font-size: small;"><span style="font-family: Calibri; font-size: small;"><br />
</span></span><b><span style="font-family: Calibri; font-size: medium;"><span style="font-family: Calibri; font-size: medium;"><b><span style="font-family: Calibri; font-size: medium;"><span style="font-family: Calibri; font-size: medium;"></span></span></b></span></span></b><br />
Switzerland. Malaysia has come a long way since 2007 where we were ranked 12<br />
<br />
Let see the trend as usual:<br />
<br />
IMD 2011<br />
Economic Performance:<br />
2011 2010 2009<br />
United States 1 1 1<br />
Qatar 2 2 5<br />
China 3 3 2<br />
Hong Kong 4 4 3<br />
Singapore 5 5 8<br />
Germany 6 9 6<br />
<strong>Malaysia 7 8 9</strong><br />
Luxembourg 9 11 4<br />
Thailand 10 6 14<br />
Australia 13 7 15<br />
Netherlands 19 14 7<br />
<br />
<br />
Economic Performance is only criteria that Malaysia has 3 consecutive uptrend. From 9th in 2009 move up to 8th in 2010 and again to 7th position in 2011.<br />
<br />
Malaysia has overtake Luxembourg, Thailand, Australia and Netherlands, which ranked higher than Malaysia one or two years ago.<br />
<br />
However, Germany, which ranked lower than Malaysia previous year, has overtake Malaysia in 2011, thanks to Germany buoyant exports and a more flexible labor market. Coincidentally, Germany also ranked 10th in IMD world competitiveness ranking. A spot Malaysia occupy in 2010.<br />
<br />
We have <a href="http://competitivemalaysia.blogspot.com/2005/12/benchmarking-of-asia-country.html">benchmark German against Japan in Asia in 2005</a>. Germany banking industry relation with business is like Keiretsu of Japan. It is this form of banking relation that cause Japan into prolong recession, of which, Malaysian ex-Finance Minister Tun Daim has prevent such banking industry relationship that prevent Malaysia into a Japan like recession during 1997-98 Asian Financial crisis<br />
<br />
The relation of Deutsche bank with Siemen and daimlerchrysler is like of Mitsubishi in Japan.<br />
<br />
However, Germany has a large SME base which is similar to Taiwan and Malaysia. German SME, which is family base like Malaysia, however, able to continuesly advance in technology. SME in Malaysia usually unable to advance in technology or technology will loss after pass to next generation. This is largely due to popularity of Germany vocational training. Malaysia in correct direction by promoting vocational training among non-bumiputra entrepreneur recently. Vocational training common among bumiputra but not common among non-bumiputra despite there is no quota of entry like other institute of higher learning. Malaysia should make full used of <a href="http://www.gmi.edu.my/">German Malaysia Institute</a><br />
<br />
As Malaysia able to overtake Germany last year. There is a possibility that Malaysia will overtake Germany again.<br />
<br />
It seem a bit difficult to challenge US(1) and China(3) as this is the two economic giant in the world. Hong Kong(4) benefited from China with it close proximity. This leave only Singapore. Malaysia able to leverage on Singapore economy with it close proximity among the two.<br />
<br />
The Southern Development Corridor and Iskandar Malaysia is a way of Malaysia try to leverage on Singpore economy. However, Malaysia should solved it biometric system mess at second crossing fast. <br />
<br />
It is undeniable that Malaysia moving to the right direction by implementing Greater Kuala Lumpur under Economic Transformation Programme (ETP), which will expand the economic effect of Singapore from Iskandar Malaysia further to Kuala Lumpur. However, this is a long term project hat will take time to see it effect. Malaysia only able to leverage on Singapore via Southern Development Corridor and Iskandar Malaysia in short term. Thus, Malaysia should solved the mess cause by biometric system fast.<br />
<br />
Part 1 : <a href="http://competitivemalaysia.blogspot.com/2011/06/my-comment-on-imd-2011-world.html">My Comment on IMD 2011 World Competitiveness Ranking - Part 1</a><br />
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<br />
Base on a 3 year trend. Malaysia still moving up from 18th in 2009 to 16th in 2011. At least it is an up trend.<br />
<br />
When the rankings jump from 18th in 2009 to 10th last year. Government should know it is not easy to sustain. Malaysian would not have such disappointment if government evaluate it sustainability last year. It is now clear that Malaysia ranked high in 2010 due to 2008/2009 Global Financial crises which cause a lot of European country ranked lowly rather than Malaysia improved it own competitiveness. Now, when some European countries rebound. At least we can see where we stand.<br />
<br />
Let have a 3 year ranking to see what is trend of Malaysia :<br />
<br />
<br />
2011 2010 2009<br />
USA 1 3 1<br />
Hong Kong 2 2 2<br />
Singapore 3 1 3<br />
Sweden 4 6 6<br />
Switzerland 5 4 4<br />
Taiwan 6 8 23<br />
Canada 7 7 8<br />
<b><span style="font-family: GillSans-Bold; font-size: xx-small;"><span style="font-family: GillSans-Bold; font-size: xx-small;">Qatar 8 15 14<br />
Australia 9 5 7<br />
Germany 10 16 13<br />
<b><span style="font-family: GillSans-Bold; font-size: xx-small;"><span style="font-family: GillSans-Bold; font-size: xx-small;">Luxembourg 11 11 12<br />
Denmark 12 13 5<br />
Norway 13 9 11<br />
<b><span style="font-family: GillSans-Bold; font-size: xx-small;"><span style="font-family: GillSans-Bold; font-size: xx-small;">Netherlands 14 12 10<br />
Finland 15 19 9<br />
Malaysia 16 10 18 </span></span></b></span></span></b></span></span></b><br />
<b><span style="font-family: GillSans-Bold; font-size: xx-small;"><span style="font-family: GillSans-Bold; font-size: xx-small;"><b><span style="font-family: GillSans-Bold; font-size: xx-small;"><span style="font-family: GillSans-Bold; font-size: xx-small;"><b><span style="font-family: GillSans-Bold; font-size: xx-small;"><span style="font-family: GillSans-Bold; font-size: xx-small;"><b><span style="font-family: GillSans-Bold; font-size: xx-small;"><span style="font-family: GillSans-Bold; font-size: xx-small;">Israel 17 17 24</span></span></b></span></span></b></span></span></b></span></span></b><br />
<br />
In fact, Malaysia has move up from 23th in 2007 to 16 in 2011<br />
<br />
Singapore, which often benchmark against Switzerland and Hong Kong has been consistently rank higher than Switzerland<br />
<br />
The highest up trend country was Taiwan, up from 23th in 2009 to 6th in 2011.After change of ruling party pro- China via Economic Cooperation Framework Agreement (ECFA)<br />
<br />
I have advocate Malaysia to <a href="http://competitivemalaysia.blogspot.com/2005/12/benchmarking-of-asia-country.html">benchmark against Sweden</a> and<a href="http://competitivemalaysia.blogspot.com/2005/09/bric-or-iric.html"> Taiwan</a> as early in 2005<br />
<br />
Look at the above trend again. If we benchmark against Norway, which rank No 9 last year, We might still at 14th this year as Norway has drop to 13th. Thus, it is other countries that have improved their competitiveness that they overtake Norway and Malaysia rather than Malaysia dropping in Competitiveness.<br />
<br />
Of course, Malaysia do drop in competitiveness to Netherland (14) & Findland (15).<br />
<br />
Malaysia should at least rank 12th if able to overtake last year 9th position........Norway.<br />
<br />
Hong Kong ranked top in both Government Efficiency & Business Efficiency<br />
<br />
US ranked top in Economic Performance and Infrastructure<br />
<br />
Singapore ranked second in both Government Efficiency & Business Efficiency after Hong Kong<br />
<br />
Hong Kong ranked 4th in Economic Performance and Singapore ranked 5th<br />
<br />
Sweden ranked second in Infrastructure after US for last 3 consecutive year<br />
<br />
<br />
<br />
<strong>Related Post:</strong><br />
<strong>Lim Kit Siang : <a href="http://blog.limkitsiang.com/2011/05/18/malaysia-slips-in-economic-competitiveness/">Malaysia slips in economic competitiveness</a></strong><br />
Tony Pua : <a href="http://tonypua.blogspot.com/2011/05/competitiveness-rankings-drop-just.html"><span style="color: #898989;">Competitiveness Rankings Drop: Just "Perception"?</span> </a><br />
Lim Guan Eng : <a href="http://limguaneng.com/index.php/2011/05/24/malaysia-has-dropped-six-places-from-10th-in-2010-to-16th-in-the-imds-2011-world-competitive-rankings/" rel="bookmark" title="Permanent Link to Malaysia has dropped six places from 10th in 2010 to 16th in the IMD’s 2011 World Competitive Rankings(en/bm/cn).">Malaysia has dropped six places from 10th in 2010 to 16th in the IMD’s 2011 World Competitive Rankings(en/bm/cn).</a> <br />
Dr. Dzul : <a href="http://blog.drdzul.com/2011/05/18/malaysia-slips-in-economic-competitiveness/">Malaysia slips in economic competitiveness</a><br />
<b><span style="font-family: Calibri; font-size: medium;"><span style="font-family: Calibri; font-size: medium;"><b><span style="font-family: Calibri; font-size: medium;"><span style="font-family: Calibri; font-size: medium;"><b><span style="font-family: Calibri; font-size: medium;"><span style="font-family: Calibri; font-size: medium;"><span style="color: #cc3300;">Din Merican: the Malaysian DJ Blogger : <a href="http://dinmerican.wordpress.com/2011/05/19/malaysia-is-no-16in-imd-2011-world-competitiveness-rankingss-s/"><span style="font-family: Times New Roman; font-size: small;">Malaysia is No 16 in IMD 2011 World Competitiveness Rankings</span></a></span></span></span></b></span></span></b><br />
1-million-dollar-blog : <a href="http://1-million-dollar-blog.com/2011-imd-world-most-competitive-countries/" rel="bookmark" title="Permanent Link to 2011 IMD World Most Competitive Countries">2011 IMD World Most Competitive Countries</a><br />
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Next Post: <a href="http://competitivemalaysia.blogspot.com/2011/06/my-comment-on-imd-2011-world_14.html">Part 2:Economic Performance</a></span></span></b><div class="blogger-post-footer"><script type="text/javascript"><!--
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<br />
<br />
<br />
Recently, <a href="http://competitivemalaysia.blogspot.com/2006/10/tan-sri-chua-exit-road-builder.html">Road Builders Holdings Bhd was acquired by IJM Corporation Bhd</a>. This make IJM Corporation Bhd has an upper hand over Gamuda. Thus, the top two construction company might be <a href="http://aseantradinglink.blogspot.my/2013/08/the-man-who-brings-water-to-bath-ytl.html" target="_blank">YTL Corporation Bhd</a> and IJM Corporation Bhd and Gamuda, one of the top three excluding governement link companies (GLC).<br />
<br />
<br />
<br />
If <a href="http://biz.thestar.com.my/news/story.asp?file=/2007/6/5/business/17930344&sec=business">IJM gain control of Kumpulan Europlus Bhd </a>. IJM group control two public listed contruction company and two property development company. IJM,Kumpulan Europlus Bhd, <a href="http://www.rbland.com.my/">RB Land Bhd</a> and indirect associated company <a href="http://www.talam.com.my/">Talam</a>. It become a giant company that you unable to ignore.<br />
<br />
<br />
<br />
However, it seem nobody control IJM!<br />
<br />
<br />
<br />
<strong>Who control IJM</strong><br />
<br />
<strong></strong><br />
<br />
IJM initially was part of the <a href="http://www.igbcorp.com/">IGB Group</a>. However, in order to raise capital for it Mid-Valley Megamall Project. IGB disposed off it stake in IJM to Zelan Holdings which ultimately control by Tan Sri Syed Mokhtar al-Bukhary.<br />
<br />
<br />
<br />
However, Zelan Holdings’s shareholding in IJM shrank after <a href="http://competitivemalaysia.blogspot.com/2006/10/tan-sri-chua-exit-road-builder.html">IJM made a general offer to acquire Road Builder (M) Holdings Bhd </a>last year via a share swap. This resulted in Zelan being unable to book in its share of IJM’s profits although it could still receive the dividends paid out by the latter.<br />
<br />
<br />
<br />
Zelan is sitting on a cash pile of about RM280mil after disposing of part of its stake in construction-based IJM Corp Bhd. Its net cash per share rose to 99.7 sen after the share sale from 66.3 sen previously.<br />
<br />
<br />
<br />
<a href="http://biz.thestar.com.my/news/story.asp?file=/2007/5/31/business/17889386&sec=business">Zelan Chief executive officer Albert Chang confirmed that Zelan would continue to trim its interest in IJM, which currently stood at 9.67%. </a><br />
<br />
<br />
<br />
This mean Tan Sri Syed Mokhtar al-Bukhary and Zelan has lost control over IJM.<br />
<br />
<br />
<br />
Thus, IJM, such a large group of company, become a company that run by professional manager, it managing director Datuk Krishnan Tan with no controlling shareholder.<br />
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<br />
<br />
<strong>Control by Accountant, not Engineer<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjUP-3daoEprKV72UW72dcUAp4vl_DhPMsoNPnFemAlLgdwbTZ7mCmSKNovJoiyfZnf9FifKpRMPzf9njkuiNzuFj0c8_v2IGl3cLW5WghdPaXUMMvvZ1xoZDuvRt2E-p-zGqm0sw/s1600-h/b_pg01krishnan.jpg"><img alt="" border="0" id="BLOGGER_PHOTO_ID_5073177582383089378" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjUP-3daoEprKV72UW72dcUAp4vl_DhPMsoNPnFemAlLgdwbTZ7mCmSKNovJoiyfZnf9FifKpRMPzf9njkuiNzuFj0c8_v2IGl3cLW5WghdPaXUMMvvZ1xoZDuvRt2E-p-zGqm0sw/s320/b_pg01krishnan.jpg" style="cursor: hand; float: right; margin: 0px 0px 10px 10px;" /></a></strong><br />
<strong></strong><br />
Other than previously bumiputra control contruction company like Renong's Halim Saad, who is Accountant by training. Contruction company control by chinese usually control by engineer.<br />
<br />
Road Builder's <a href="http://competitivemalaysia.blogspot.com/2006/10/tan-sri-chua-exit-road-builder.html">Tan Sri Chua Hock Chin</a>,Gamuda's Y Bhg Dato' Lin Yun Ling, YTL's Tan Sri Francis Yeoh, even smaller <a href="http://www.mudajaya.com/">Mudajaya</a> group was headed by engineer.<br />
<br />
IJM, however, was one of the rare contruction company that lead by an accountant.<br />
<br />
Managing Director Datuk Krishnan Tan qualified as a Certified Public Accountant in 1978 after graduating with a Bachelor of Economics (Honours) degree from University of Malaya in 1975, and holds a Master’s degree in Business Administration from Golden Gate University, San Francisco, USA. Prior to joining IJM, he was with Kumpulan Perangsang Selangor Berhad for seven (7) years, his last position was Group Financial Controller of the Group.<br />
<br />
He joined IJM as Financial Controller in 1983 and joined the Board as Alternate Director on 12 June 1984, Director on 10 April 1990 and Deputy Managing Director on 1 November 1993. He assumed the post of Group Managing Director on 1 January 1997. He was redesignated Chief Executive Officer & Managing Director on 26 February 2004.<br />
<br />
It is not easy for an accountant to grow a contruction company to such a size. So far, it seem no problem leading staff that was previously lead by engineer like staff he acquired from Road Builder Holdings (M) Bhd.<br />
<br />
<strong>Potential takeover target</strong><br />
<strong></strong><br />
With no controlling shareholder in the company. IJM become a likely take over target. However, being one of the largest market capitalisation contruction group in the market. It is difficult for just anybody to swallow the group.<br />
<br />
After spending so much for a company, the new controlling shareholder must be able to work with the current team or he must have the ability to manage such a large group if he intended to change the team.<br />
<br />
If nobody acquired the company eventually. IJM might be the first company in Malaysia like company in US,that the company was invested by institutional shareholder and manage by professional manager with no controlling shareholder. In such instances, IJM must have a strong team of independent director on the board and must have good succession planning for managing director.<br />
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This was followed by a special exclusive report by Nanyang one week after my post stating a similar claim.<br /><div></div><div><br /><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEg0dur-YYvJRJckL1t3SkQGxRTzLG6xe6D9pUxDNYA9WeeovoQNah-c4uAEghS0nuPL5eUw5cW4l6UBKCMsQIRBCGaMbBexRm3rce7BDME1srgnYvVrgEdGeCGSnVhnMbjkejev/s1600-h/b_12syed.jpg"><img id="BLOGGER_PHOTO_ID_5072408351656757234" style="FLOAT: right; MARGIN: 0px 0px 10px 10px; CURSOR: hand" alt="" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEg0dur-YYvJRJckL1t3SkQGxRTzLG6xe6D9pUxDNYA9WeeovoQNah-c4uAEghS0nuPL5eUw5cW4l6UBKCMsQIRBCGaMbBexRm3rce7BDME1srgnYvVrgEdGeCGSnVhnMbjkejev/s320/b_12syed.jpg" border="0" /></a><br /></div><div><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhCHuKjZmguM8PerpdXOlAr1ktWIJ3HXS00axha_XTtfatD0qsVZQvP54x4B024FvtmmpLe4eh2VBUY_kh_g-0BlC8XBbG3uLefTvEc9NflPAH5h6WemWYo6hMNrjUK4QqydT-K/s1600-h/b_12rahim.jpg"><img id="BLOGGER_PHOTO_ID_5072405572812916674" style="FLOAT: left; MARGIN: 0px 10px 10px 0px; CURSOR: hand" alt="" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhCHuKjZmguM8PerpdXOlAr1ktWIJ3HXS00axha_XTtfatD0qsVZQvP54x4B024FvtmmpLe4eh2VBUY_kh_g-0BlC8XBbG3uLefTvEc9NflPAH5h6WemWYo6hMNrjUK4QqydT-K/s320/b_12rahim.jpg" border="0" /></a>However, last weeks, two ex-engineer with Petronas,Rahim Kamil Sulaiman (left) and Syed Izhar Al-Idrus (Right) claim the idea of the US$7bil pipeline was theirs but along the way the Government had also received two other proposals to build a similar pipeline connecting the west to east of Peninsular Malaysia. </div><div><br /></div><div></div><div>One was from UEM World Bhd and the other the widely publicised SKS Development Sdn Bhd (a private company linked to Tan Sri Syed Mokhtar Al-Bukhary) that has an arrangement with the Iranian National Oil Co.</div><div></div><div><br /></div><div>Rahim dismissed speculation that SKS and TPP were working together on the project.<br />“We have no relation with SKS by equity or contract in any form. If anyone claims this, we would be very keen to see the evidence.” reported <a href="http://biz.thestar.com.my/news/story.asp?file=/2007/6/1/business/17902684&sec=business">The Star</a>.</div><div></div><div><br /></div><div>Rahim Kamil Sulaiman 53 and Syed Izhar Al-Idrus hold 50:50 equity interest in Trans-Peninsula Petroleum Sdn Bhd (TPP), the promoter and developer of the project, while former Kedah Mentri Besar Tan Sri Osman Aroff is a director in the company. </div><div></div><div><br /></div><div>TPP has cleverly roped in big names such as <a href="http://www.ranhill.com.my/index.asp">Ranhill Bhd </a>to carry out the construction and engineering, Saudi Arabia’s Al-Banader International Group to supply the oil and Middle Eastern investors to take up stakes in TPP, Indonesia’s Bakrie & Brothers tbk for pipe supply and PT Tripatra as its project manager. </div><div><br /></div><div></div><div>Non of Malaysian pipe manufacturing company benefit from that project, including Wa Seong.</div><img id="BLOGGER_PHOTO_ID_5072408132613425122" style="DISPLAY: block; MARGIN: 0px auto 10px; CURSOR: hand; TEXT-ALIGN: center" alt="" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjyjVzDCE_8FP3fKkxuV0KR3Icy8JWkFV87ybiODkWyFUhA1NAyQQv9nkNxzmVJL2Ilhlss5HdQIQRi96fR_kgHgfdq4tjOj_LlrVy0EGmI4_YWJAuOMziBq231VkSFPqpzsc-f/s320/events.jpg" border="0" /><br /><a href="http://thestar.com.my/news/story.asp?file=/2007/5/26/bizweek/17843670&sec=bizweek">Ranhill shares price has rise before the announcement</a>. As both promoter was not running a conglomerate company like Syed Mokhtar. It is difficult to demand them to invest their profit into other project like electical home appliance as they do not have the resources and skill to do it.<br /><br />Update: SKS Development Sdn Bhd (a private company linked to Tan Sri Syed Mokhtar Al-Bukhary) still get the refinery portion of the project but not the pipeline<br /><div></div><div></div><br />TechnoratiTag: <a href="http://technorati.com/tag/Business" rel="tag">Business</a> <a href="http://technorati.com/tag/Commentary" rel="tag">Commentary</a> <a href="http://technorati.com/tag/competitive" rel="tag">competitive</a> <a href="http://technorati.com/tag/Economics" rel="tag">Economics</a> <a href="http://technorati.com/tag/Economy" rel="tag">Economy</a> <a href="http://technorati.com/tag/Malaysia" rel="tag">Malaysia</a> <a href="http://technorati.com/tag/Opinion" rel="tag">Opinion</a> <a href="http://technorati.com/tag/finance" rel="tag">finance</a> <a href="http://technorati.com/tag/Shares" rel="tag">Shares</a> <a href="http://technorati.com/tag/Stock" rel="tag">Stock Market</a> <a href="http://technorati.com/tag/klse" rel="tag">klse</a><div class="blogger-post-footer"><script type="text/javascript"><!--
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In fact he appear on the list last year (2006) as well,ranked 16 also.<br /><br /><br /><br /><br />Describe as founder and majority owner of privately held Petra <a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiunoQLtvwHa1_K5ZOrdawXsknFSLtpnYRZyPKq9ElcJtZTgHQ0h-HSPL9RwbJ3nfWNo5lzSzlW_GQWKoiaKcgL__C8K-bsV4hMHbzGXZsQei93AKzLsMNYSopKTLuwzdELikCg/s1600-h/dir1.gif"><img id="BLOGGER_PHOTO_ID_5069828313982263986" style="FLOAT: right; MARGIN: 0px 0px 10px 10px; CURSOR: hand" alt="" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiunoQLtvwHa1_K5ZOrdawXsknFSLtpnYRZyPKq9ElcJtZTgHQ0h-HSPL9RwbJ3nfWNo5lzSzlW_GQWKoiaKcgL__C8K-bsV4hMHbzGXZsQei93AKzLsMNYSopKTLuwzdELikCg/s320/dir1.gif" border="0" /></a>Group. I was mistakenly thought he founded oil and Gas group <a href="http://www.petra.com.my/">Petra Perdana Group</a>. However, Petra Perdana was found by Terengganu royal YM Tengku Dato' Ibrahim Petra bin Tengku Indra Petra rather than Datuk Vinod Sekhar.<br /><br /><br /><br />Actually, company control by Datuk Vinod Sekhar's company call <a href="http://www.petragroup.net/">Petra Group</a> which is privately held.<br /><br /><br /><br />Surprising that Forbes able to rate a owner of a Malaysia non listed company. It is difficult to rate a owner of a public listed company even in US.<br /><br /><br /><br /><a href="http://72.14.235.104/search?q=cache:3dWQlA5CLAAJ:members.forbes.com/global/2007/0604/037.html+Vinod+Sekhar&hl=en&amp;amp;amp;amp;ct=clnk&cd=18&gl=my">Forbes</a> stated that Forbes Vice Chairman Christopher Forbes is minor shareholder in group. that is how Forbes rate the company. Is it accurate base on such rating?<br /><br /><br /><br />It is not sure why Company Commision Of Malaysia allow two unrelated company used such a similar name that create so much confusion.<br /><br />Last year, <a href="http://joshuateoh.com/blog/?p=317">Joshua Teoh's blog</a> has discussion on Datuk Vinod Sekhar under his blog's comment column.<br /><br />Excerpt:<br /><br />newmal said: this is all i know so far - he is 37, and also heads the petra foundation - which is pretty huge, and apparently refuses to allow his name or picture to appear in tatler etc. and is a close friend of Tony Fernandes of air asia and Was told there was a story done on him recently - a friend saw it in sing. Will try get some info from there. According to the article also completely self made, not inherited. To me its just amazing that he has been so low key - and no one knew about him - a non bumi also!<br /><br />He added: Just read that Vinod Sekhar’s father passed away last week. Also found out that both father and son are/were self made men. the bio is on the Petra website. From what i read on line - he started his company from college and was a millionaire by 21, and a Datuk by 26. then lost everything in the asian financial crisis, but rebuilt everything on his own. He also founded the first multiracial youth society - and here’s something interesting, apparently he wrote the template for the Rakan Muda programme - then walked away when they tried to make political and racial. Also, i believe he gave 40% of the company away to a charitable trust that educates a few thousand people now. He is actually the chairman of the Petra foundation. Thats about it. If someone actually knows him - then can actually ask him about the above. I’m sure some of us would be keen to hear about his true story. It seems fascinating and worth a read.<br /><br /><a href="http://72.14.235.104/search?q=cache:cmjWsSkkxggJ:203.115.192.58/cms/content.jsp%3Fid%3Dcom.tms.cms.article.Article_217e414c-cb73c03a-cb07ef00-8274bc3d+Vinod+Sekhar+AIM&hl=en&strip=1">The Edge </a>recently reported that: In 2001, Datuk Vinod Sekhar undertook a reverse takeover of a company listed on the Alternative Investment Market (AIM) in London. He injected an Islamic portal into the AIM-listed company, which was renamed <a href="http://www.business.com/directory/computers_and_software/computer_services/information_retrieval/petra_multimedia_plc/">Petra Multimedia plc</a>. But it failed to sustain investor interest and was delisted a year later.<br /><br />Whether he deserved on the list or not is your own judgement<br /><br />TechnoratiTag: <a href="http://technorati.com/tag/Business" rel="tag">Business</a> <a href="http://technorati.com/tag/Commentary" rel="tag">Commentary</a> <a href="http://technorati.com/tag/competitive" rel="tag">competitive</a> <a href="http://technorati.com/tag/Economics" rel="tag">Economics</a> <a href="http://technorati.com/tag/Economy" rel="tag">Economy</a> <a href="http://technorati.com/tag/Malaysia" rel="tag">Malaysia</a> <a href="http://technorati.com/tag/Opinion" rel="tag">Opinion</a> <a href="http://technorati.com/tag/finance" rel="tag">finance</a><div class="blogger-post-footer"><script type="text/javascript"><!--
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<a href="http://competitivemalaysia.blogspot.com/2007/05/real-property-gain-tax-not-abolished.html">My last post </a>on 20 something Managing Director generate a lot of feedback online and offline. Unfortunately, <a href="http://competitivemalaysia.blogspot.com/2007/05/real-property-gain-tax-not-abolished.html">Carmen Chua </a>still have her father to coach and incubate her as her company Executive Chairman.<br />
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A week ago, <a href="http://biz.thestar.com.my/news/story.asp?file=/2007/5/12/business/17694127&sec=business">The Star </a>feature a 23 year old Managing Director of Clearwater Development Sdn Bhd...Dian Lee Cheng Ling. She is the eldest daughter of property tycoon Tan Sri Lee Kim Yew, the founder and chieftain of the Country Heights Holdings group, was named the Property Man of the Year in 1996 by Fiabci (International Real Estate Federation) Malaysian chapter.<br />
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Dian is the eldest of three girls and two boys. She reiterated that Clearwater Development was an entirely independent entity from Country Heights Holdings. What did Dad have to say about her striking out on her own as a property developer? He was supportive but, at the same time, reacted like any father would. He had his concerns, and when I needed advice I would go to him. Once in a while, he would give a bright idea as to how a unit should be launched, etcetera, but it just nice to sound him out,?Lee told <a href="http://biz.thestar.com.my/news/story.asp?file=/2007/5/12/business/17694127&sec=business">The Star</a>.<br />
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The profile of Lee’s partners reveals what one can expect of the project. They include renowned Singapore-based architect Sim Boon Yang and the rest — two investment bankers and a female lawyer — are based in Hong Kong. Except for Lee, her partners are in their 30s and 40s.<br />
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The project marks the debut of the 40-something Sim in the property development arena. The founding partner of Singapore-headquartered Eco-Id Architect and Design Consultancy Ptd Ltd, Sim has been practising architecture for more than a decade, designing boutique hotels around the world. So, it is not as if property development opportunities had not knocked on his door.<br />
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Sim was on one his regular business trips to Bangkok (where he has an office) when he met Lee at Bangkok Metropolitan — of which Eco-Id was the lead design consultant. As fate would have it, things fell into place very quickly soon after that meeting. Lee stumbled upon a 0.5-acre tract on Damansara Heights that was available for development. The feasibility study was carried out, followed by concept and sketches of the brain-wave.<br />
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Together with Sim, she spoke to property managers and investors around Asia while fine-tuning the concept for Clearwater Residence. Well-known Singaporean advertising art director Theseus Chan was roped in to help put concepts on paper. And eventually, the marketing and management team was formed.<br />
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Dian Lee graduated from RMIT University in Melbourne with a Bachelor of Arts, majoring in Professional Communication and Marketing. While Down Under, she was executive director of Country Heights (Australia) Pte Ltd, actively overseeing her family’s property investments in Australia. During semester breaks in the last two years, she was back in Malaysia playing the role of special assistant to her dad, handling a portfolio of property and hotel management projects. And this was her choice. “I get to meet and be exposed to interesting people. As his assistant, I follow him around and do the necessary follow-ups and events for him,” Lee told <a href="http://www.theedgedaily.com/cms/content.jsp?id=com.tms.cms.article.Article_6f96782b-cb73c03a-72d87300-35af6ce7">The Edge</a>. “Ever since I can remember, I have been interning with my father during my summer breaks.” Lee attributes her attention to details to her dad. “I have a visionary father, whose entrepreneurship inspires me. He’s extraordinary; he started with nothing… I remember when I was 15 years old when he rushed the building of the Palace of the Golden Horses in time for the G15 meeting. He was practically staying on site for three months! I saw for myself the progress of the project — from the model to construction and then reality. It was so amazing.”Reported <a href="http://www.theedgedaily.com/cms/content.jsp?id=com.tms.cms.article.Article_6f96782b-cb73c03a-72d87300-35af6ce7">The Edge </a><br />
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It look like she work like those second generation of tycoon....Donald Trump in US who famous for <a href="http://www.bbc.co.uk/apprentice/">The Apprentice</a>.<br />
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Donald Trump move from her father's low cost house to upmarket customer today after he taste the wealthy person lifestyle. Dian Lee of course taste the wealthy person lifestyle when she grow up. The difference is Tan Sri Lee Kim Yew's Country Height already target upmarket customer from the beginning.<br />
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Another different between Dian Lee and <a href="http://competitivemalaysia.blogspot.com/2007/05/real-property-gain-tax-not-abolished.html">Carmen Chua </a>other than she is independent from her father is.......Dian Lee is married!<br />
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One thing that I would like to remind all people: <a href="http://star-space.com/news/story.asp?file=/2007/4/14/propertynews/17427395&sec=propertynews">THE Real Property Gains Tax Act 1976 (RPGTA) has not been abolished but exempted with effect from April 1,2007.</a><br />
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This mean that the government can re-introduce the RPGT if the market become too speculative. This can happen as the government have a track record of inconsistency in it policy. One of the example is make short selling become illegal during Asia financial crisis.<br />
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The exemption of RPGT, together with comprehensive changes to the<a href="http://biz.thestar.com.my/news/story.asp?file=/2007/4/14/business/17441159&sec=business"> public delivery system in the property sector</a> means that we have shift our focus on attracting FDI in manufacturing sector to Property sector. Will Malaysia become Hong Kong where property sector become dominanat in it economy?<br />
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<strong>Carmen Chua</strong><br />
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<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEi6UmZZIAzDsTetlF5GjZy2RwDmbxyf8tdSKOywyJjm4o1l2VwkXiXyNZywvxZz9aSfS4REDH6Noqo8cbXjT_O96MKcVurXcwRDCmKFNeUDEaJnm-bWHmIMlmAWyNZorQbflbLy/s1600-h/bw_pg12carmen.jpg"><img alt="" border="0" id="BLOGGER_PHOTO_ID_5062769679383170450" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEi6UmZZIAzDsTetlF5GjZy2RwDmbxyf8tdSKOywyJjm4o1l2VwkXiXyNZywvxZz9aSfS4REDH6Noqo8cbXjT_O96MKcVurXcwRDCmKFNeUDEaJnm-bWHmIMlmAWyNZorQbflbLy/s320/bw_pg12carmen.jpg" style="float: left; margin: 0px 10px 10px 0px;" /></a><a href="http://thestar.com.my/news/story.asp?file=/2007/4/7/bizweek/17374743&sec=bizweek">The star </a>has reported that: It is not widely known that Carmen had played a key role in the Government’s recent move to abolish real property gains tax (RPGT) to reboot a languishing housing market.<br />
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Early this year, she was invited by Noordin Sopiee & Associates (NSA) - an offshoot of ISIS founded by the late Tan Sri Noordin Sopiee - for a closed-door presentation, together with three other corporate bigwigs (Lion Group's Tan Sri William Cheng, Tan Sri Rozali Ismail of Syabas, and Kuala Lumpur Kepong Bhd's Datuk Lee Hau Hian).<br />
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<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEj5s7opiIjQ3SJTc7QKXaHSj_OyZ4qjDCCoeYrn_ar-DRbYlvyun0pSzJcYojuunzUaFdnV7oCrosLIIICOcAU64yQpLsxDdEmXaNgG957Bqmg2aiAdMh4Y7x1B0irpB7nSeoGt/s1600-h/bw_pg12chua.jpg"><img alt="" border="0" id="BLOGGER_PHOTO_ID_5062769821117091234" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEj5s7opiIjQ3SJTc7QKXaHSj_OyZ4qjDCCoeYrn_ar-DRbYlvyun0pSzJcYojuunzUaFdnV7oCrosLIIICOcAU64yQpLsxDdEmXaNgG957Bqmg2aiAdMh4Y7x1B0irpB7nSeoGt/s320/bw_pg12chua.jpg" style="float: right; margin: 0px 0px 10px 10px;" /></a><br />
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Her area of focus – how to revive the property sector, one of the pillars of the economy, to aid the nation’s target to grow private investments by 11%. Carmen, together with like-minded friends at NSA, essentially advocated and made a strong case for the abolishment of RPGT.<br />
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Truth is, the idea to abolish RPGT is not new. It has been lobbied for so long and by so many but the campaigns, until now, had fired blanks. The difference this time is there appears to be a concerted political will to see it through.<br />
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Who is <a href="http://thestar.com.my/news/story.asp?file=/2007/4/7/bizweek/17374743&sec=bizweek">Carmen Chua</a>? She is daughter of Datuk Chua Ma Yu, co-founder of Rashid Husssein Security or RHB Group, founder of Waterfront Group and the person who advocated the merger of plantation group in the country....now under Synergy Drive.<br />
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Carmen Chua is a 20 something managing director of <a href="http://thestar.com.my/news/story.asp?file=/2007/4/7/bizweek/17365091&sec=bizweek">ONE KLCC Sdn Bhd</a>. In US, You have seen a number of 20 something boss like Microsoft's Bill Gates, Yahoo's Jerry Yang. In Malaysia, we have <a href="http://educationmalaysia.blogspot.com/">Tony Pua</a>. I have also personally work for a 20 something managing director before. He is a selfmade millionaire and extremely competitive.<br />
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The only different is....she is female and her father still sit on the board as chairman.<br />
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Carmen also sit on the board of <a href="http://www.theedgedaily.com/cms/content.jsp?id=com.tms.cms.article.Article_efa1a05e-cb73c03a-129e5e90-fd7d1cd3">Waterfront Incubator </a>and Furniweb Industrial Products Bhd. Carmen has bought a <a href="http://biz.thestar.com.my/news/story.asp?file=/2007/1/22/business/16626087&sec=business">13.9% stake in Furniweb Industrial Products Bhd.</a><br />
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<strong>Another Mah Sing</strong><br />
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Mah Sing's CEO Datuk Leong Hoy Kum has in 1992 acquired 20 unit of condominium at Mont Kiara area. In 1993, with shares market super bull run. Rumours said that Datuk Leong amass more than RM20 million in profit. It is not sure whether he paid RPGT at that point of time.<br />
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If Datuk Leong have to pay RPGT at 40%. It amounted to RM8 million. It is believe that he has arranged with the buyer for the buyer to bear the cost of RPGT.<br />
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Since then, Mah Sing, from a plastic manufacturing company, successfully transform to a property development company and the rest is history.<br />
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Now, without RPGT. It is less hassle to repeat what Datuk Leong did in 1993. The problem is....how the stock market perform compare to 1993?<br />
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Blog that link here: <a href="http://mindspacemind.blogspot.com/2007/05/20-female-managing-director.html">MindSpace<br /><strong></strong></a><br />
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<a href="http://www.nanyang.com/index.php?ch=29&pg=790&ac=698029">曾少白 </a><br />
<br />
报载现在中国正在拓展软实力,努力在世界多个国家建立孔子学院;姑不论孔子学院好像英国文化学会般只教授语文,还是包括文化的教授。<br />
<br />
中国及海外华人一直把孔子的儒家文化视为中国文化之本,固然,儒家文化如“士为四民之首,商为四民之末”等概念一直在华人,甚至是韩国人及日本人心中。 -->--><br />
<br />
但是,儒家思想曾被认为是中国衰弱的原因之一,并在五四运动中被胡适及康有为等人,用赛先生(Science)及德先生(Democracy)即科学及民主取代了。而韩国的企业家,大宇集团的创办人金宇中在风光之时曾在一本他写的书中,写出他能打破儒家思想之“商为四民之末”的概念,而成为成功企业家而感到自豪。<br />
<br />
所以,用孔子来作为中国或华人的文化代表似乎不大恰当,那么,应该用哪一种学说来代替孔子的学说呢?<br />
<br />
我认为应该用范蠡,就是协助越王勾践卧薪尝胆,十年生聚,打败吴王夫差的范蠡上将军。<br />
<br />
范蠡能把一个小小的越国,发展成当时的春秋五霸之一;功成后身退,泛舟北上,出三江,入五湖,北上来到齐国,隐姓埋名,自号“鸱夷子皮”,经商为生,也耕种一些田亩。由于经营有方,几年之后,居然成为积财数十万的大富商。齐王听到他的名声,要聘请他为相国。<br />
<br />
这就是“经商富至千金;居官位至卿相”。他谢绝了齐王的聘请,把财产分给同乡好友离开了齐国。<br />
<br />
范蠡两次出走,都没带走很多财产,可能因为当时还没有货币,带着数目庞大的黄金很不方便。除此之外,当时的主要财产为田地,也是带不走的东西。<br />
<br />
<strong>陶朱公成了富商代名词 </strong><br />
<br />
范蠡之后又迁到陶邑,又改名为陶朱公。很快的,又获利千金。之后,陶朱公三个字,几乎成了富商大贾的代名词。<br />
<br />
陶朱公师承何处,已不可考,传说是计然,也有的说是鬼谷子。他没有如孔子有孟子般出色的学生,把他的学说发扬光大。甚至他自己的儿子,他也是请孔子的弟子教导的,所以陶朱公其实也为发扬儒家思想作出贡献。<br />
<br />
孔子教授礼、乐、射、驭、书、数六艺。陶朱公的学问则只有四大类:道、数、兵、游。最主要的差别是,孔子的学问以礼为中心,陶朱公重视相传以道为核心。孔子不言兵,而陶朱公重视兵法。这是他能协助弱小的越国打败强大的吴国原因之一。<br />
<br />
孔子不懂游,曾在周游列国之时,在陈、蔡二国之间断了炊,险些饿死。中国人是否应该用一个生前没有一个国家愿意用的学问,及现在年青人都不尊重的礼,以及差点断炊饿死的人来代表自己的文化?还是用一个弱小国家变强,以很少本钱,三番四次创业,赚取千金的学问呢?<br />
<br />
陶朱公的学问,除了以上道、数、兵、游之外,就是计然七策。他曾说:“当初计然献出的七策,越国用了其中五策就如愿复仇,灭了称霸中原的吴国。它既能用于治国,也能用于治家。”(大意,见史记,货殖列传)(<a href="http://www.nanyang.com/index.php?ch=29&pg=790&amp;amp;amp;amp;amp;ac=703993">上篇</a>)<br />
<br />
Excerpt from <a href="http://www.nanyang.com/index.php?ch=29&pg=790&ac=704349">南洋商报 2007/03/02 11:49:56</a><br />
<br />
相传由计然著作,陶朱公整理的《万物录》或叫《范子计然》中写道:<br />
<br />
“……断长续短,一岁再倍,其次一倍,其次而反。水则资车,旱则资舟,物之理也。” -->--><br />
<br />
“天下六岁一穰,六岁一康,凡十二岁一饥,是以民相离也。故圣人早知天地之反,为之预防。昔汤之时,比七年旱而民不饥;禹之时,比九年水而民不流……”(自《越绝书》)<br />
<br />
第一段说在丰收的三年里,头一年就要储备粮食,第二年再储一倍的粮,第三年再储备一倍的粮食,这样,到了出现水灾的三年,就反过来,能够逐年发放相应的粮食。在有水灾的年份要备好车,在有旱灾的年份要备好船,这是事物告诉我们的道理。<br />
<br />
第二段说自然界规律是每六年一次丰收,每六年一次安康,每十二年必有一次饥馑,百姓流离失所就是因为灾荒。圣人能预见天地间的气象变化,早作预防。商汤王的时候,天大旱七年,老百姓没有受到饥饿;夏禹王的时候,发生大水灾九年,老百姓没流离失所,这是因为他们的君主能通晓事物起源与发展的道理,能任用贤能之人缘故。<br />
<br />
尽管这种经济循环理论有许多不足之处,但比起孔子儒家学说,其实更为实用。<br />
<br />
陶朱公还有一本现在在市场书局中买到的书,就是《陶朱公商训》,英译本也有。只不过笔著觉得这本书所说的就好像商学院中学的基本常识。《万物录》或《范子计然》中所写的比较能突现范蠡的智慧。<br />
<br />
<strong>测中大牛市及经济危机</strong><br />
<br />
阴且尽之岁,亟卖六畜、货财,以益收五谷,以应阳之至也。阳且尽之岁,亟发耀,以收田宅,牛、马,积敛货财,聚棺木,以应阴之至也,此皆十倍者也。(自《越绝书》)<br />
<br />
依照太岁年法,寅、卯、辰、巳、午、末这六个位置为阳、申、酉、戌、亥、子、丑这六个位置为阴。当太岁居阴行将结束时,应快卖掉牛、马、羊、豕、鸡、犬等六畜及货物财产,增加五谷收进,以准备太岁在阳的到来。在太岁居阳行将结束时,应赶快卖掉多余的粮食,买进田宅、牛马等,征集物资,积聚棺木,以准备太阴的到来。这些都能获得十倍的利益,次一等也可获得五倍利益。<br />
<br />
利用以上的理论,再加上以六岁一穰,六岁一康的学说,范蠡的理论准确预测了1993年及1981年大牛市及1999年及1987年经济危机。虽然最近的大牛市比预期中迟了二十多个月,但如果不投机或进期货市场,也不会有损失出现。<br />
<br />
我觉得,这是一个无论在孔子时代或现代都实用的学说。(<a href="http://www.nanyang.com/index.php?ch=29&pg=790&ac=704349">下篇</a>)<br />
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AmInvestment Group and BNP Paribas have been appointed to structure the deal.</a><br /><br />On Friday, 1 December 2006, <a href="http://biz.thestar.com.my/news/story.asp?file=/2006/12/1/business/20061201132720&sec=business">New Straits Times Press (Malaysia) Bhd and Utusan Melayu (Malaysia) Bhd announced the suspension until Monday ahead of a potential merger. </a><br /><br />On 2 December 2006, The Star reported that <a href="http://thestar.com.my/news/story.asp?file=/2006/12/2/nation/16208928&sec=nation">merger deal has been sent back to the drawing board hours after Umno president Datuk Seri Abdullah Ahmad Badawi called for the tradition and histories of the newspapers to be maintained after UMNO supreme council meeting. </a><br /><br />On<a href="http://biz.thestar.com.my/news/story.asp?file=/2006/12/4/business/20061204190843&sec=business"> 4 December 2006</a>, The star reported that In a joint statement to Bursa Malaysia Monday, the newspaper publishers said the companies' board of directors had been "exploring ways to enhance the value of both groups via a possible merger." "Utusan and NSTP intend to continue to explore and discuss this matter further and have entered into a non-disclosure agreement to govern the period of discussion," the companies said. An immediate announcement shall be made to the exchange should a final agreement materialise, they added. <a href="http://photos1.blogger.com/x/blogger/1795/1117/1600/819344/b_marketshare.jpg"><img style="FLOAT: right; MARGIN: 0px 0px 10px 10px; CURSOR: hand" alt="" src="http://photos1.blogger.com/x/blogger/1795/1117/320/60560/b_marketshare.jpg" border="0" /></a><br /><br />Today. The Star reported that <a href="http://biz.thestar.com.my/news/story.asp?file=/2006/12/6/business/16234382&sec=business">NSTP, Utusan shares down on profit-taking</a><br /><br />Lets examine the<strong> Political, Economic, Social and Technology (PEST analysis) </strong>on this merger:<br /><br /><strong>Political and Social</strong><br /><br />Politically, several UMNO supreme council members voiced their concern over the deal and also the long connection between the party and Utusan Malaysia in. One of the main concerns was the independency of Utusan Malaysia as the Malays shared strong sentiment for the oldest Malay newspaper in the country.They told the meeting they feared that any merger which could affect the identity of the Malay daily would backfire on the party, although Umno would continue to control it.<br /><br />EONCap Securities head of research Pong Teng Siew in an interview by The Star said that the merger could face resistance from investment and fund managers as well as from some press factions, as investment managers would prefer more stocks to work with instead of a single large entity, and certain sections of the media could consider the status quo as something sentimental''.<br /><br />Even the non-bumiputra group also concern about the merger and said that this might curtail press freedom.<br /><br />For me, I feel the meger do more good that harm to Malaysia politically and socially. Utusan Malaysia and Berita Harian, two different independent Malay newspaper compete with each other in playing up sensitive and sentimental issue to gain their respective market shares. This is no good politically and socially to promote harmony and cooperation within difference race in Malaysia. By merging the two entity under one shareholder, they need not use such technique to compete with each other. They only compete with PAS control <a href="http://www.harakahdaily.net">Harakah</a> and I feel this is better politically and socially.<br /><br />Even during reformasi. Party Keadilan Rakyat call for reader to read <a href="http://www.harakahdaily.net/v061/">Harakah</a> and they boycott of both newspaper(Utusan and Berita Harian). Thus, it is wrong to say that the merger will curtail press freedom. There is no difference whether you buy Utusan or Berita Harian as both newspaper are head by people loyal to UMNO. By merging the two entity, we get less sensitive and sentimental report and it is better politically and socially for Malaysia.<br /><br /><strong>Economic Analysis</strong><br /><strong></strong><br />EONCap Securities head of research Pong Teng Siew said the merger could face resistance from investment and fund managers as investment managers would prefer more stocks to work with instead of a single large entity. Thus, it is better to keep Utusan Malaysia listing status. Keeping Utusan listing status by injecting Berita Harian to Utusan Malaysia would allow investor to invest in NSTP, an English newspaperr company; Utusan Malaysia, a Malay newspaper company and the concern of UMNO supreme council of the oldest Malay newspaper might be close has been taken care off. The merger would get Economic of Scale in economic term.<br /><br />The only concern is worker might become complacent as they do not have close competitors now even they is still Harakah around.<br /><br /><p><img style="DISPLAY: block; MARGIN: 0px auto 10px; CURSOR: hand; TEXT-ALIGN: center" alt="" src="http://photos1.blogger.com/x/blogger/1795/1117/320/607692/b_utusan.jpg" border="0" /><br /><strong>Technology</strong><br /><strong></strong><br />Unlike chinese language. Which face higher technology problem on input data into computer and printing machine. Malay language, which used alphabet like English, face less problem in developing input and printing technology. The merger has less impact technologically. </p><p></p><p>Update: <a href="http://www.theedgedaily.com/cms/content.jsp?id=com.tms.cms.article.Article_75ac80ef-cb73c03a-d647d800-9866887c">The Edge: Cross fire</a></p><p>A kadir Jasin: <a href="http://www.akadirjasin.com/">Implikasi Penggabungan NST-Utusan</a></p><p><a href="http://biz.thestar.com.my/news/story.asp?file=/2007/1/9/business/16510977&sec=business">Utusan, NSTP surge on possible merger news</a></p><p><br /><strong></strong><br />TechnoratiTag: <a href="http://technorati.com/tag/Business" rel="tag">Business</a> <a href="http://technorati.com/tag/Commentary" rel="tag">Commentary</a> <a href="http://technorati.com/tag/competitive" rel="tag">competitive</a> <a href="http://technorati.com/tag/Economics" rel="tag">Economics</a> <a href="http://technorati.com/tag/Economy" rel="tag">Economy</a> <a href="http://technorati.com/tag/Malaysia" rel="tag">Malaysia</a> <a href="http://technorati.com/tag/Opinion" rel="tag">Opinion</a> <a href="http://technorati.com/tag/finance" rel="tag">finance</a> <a href="http://technorati.com/tag/Shares" rel="tag">Shares</a> <a href="http://technorati.com/tag/Stock" rel="tag">Stock Market</a> <a href="http://technorati.com/tag/klse" rel="tag">klse</a> <a href="http://technorati.com/tag/Media" rel="tag">Media</a> <a href="http://technorati.com/tag/Newspaper" rel="tag">Newspaper</a></p><div class="blogger-post-footer"><script type="text/javascript"><!--
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He still holds 41 shares in RBH.<br /><br />The former Penang Chung Ling High School student graduated with a Bachelor of Science (Civil Engineering) degree from Queen's University of Belfast, N. Ireland, and Doctor of Philosophy in Business Administration from Wisconsin International University, US.<br /><br />Chua joined the Public Works Department in 1973 before pursuing his career in the private sector.<br /><br /><strong>From traffic controller to billionaire<br /></strong><br />Sub-contractor of RBH still remember Tan Sri Chua early day with Public Works Department where he gave direction to their lorry movement. It took only short period of time for a traffic controller to become a billionaire. Thanks to the contruction of North-South Expressway. Other beneficiaries of NSE include Gamuda.<br /><br /><strong>Damanjaya</strong><br /><br />Rumours in the market said his first breakthrough come when he land his first contract....contruction of a road in Pahang state. The project earn him a bitumen factory call Damanjaya Manufacturing & Trading Sdn Bhd. The company has been disposed off to ACP Industries Bhd (ACPI) and now call ACP-DMT Sdn Bhd. ACPI now under MTD group whereas Tan Sri Chus still used holding company Damanjaya Sdn Bhd to hold his shares in Road Builder Holdings Bhd.<br /><br />the 56-year old founder of RBH has left a legacy of building up RBH into one of the country's largest construction groups. Chua, who founded Road Builder (M) Sdn Bhd in 1985, took the company public in 1993. Today, RBH has diversified into property development, toll roads and ports, and has a market capitalisation of RM1.4bil.<br /><br /><strong>PROJEK PENYELENGGARAAN LEBUHRAYA BERHAD (PROPEL BHD)<br /></strong><br />Chua founded <a href="http://www.propel.com.my/">Propel Bhd </a>in 1988 and has listed the company on Main Board of KLSE. He, however, has disposed off the company to UEM Group.<br /><br /><strong>Pati Sdn Bhd</strong><br /><br /><br /><br /><br /><br /><p>Road Builder Holdings Bhd has disposed off it 50% associated Pati Sdn Bhd to UEM Builders Bhd after Asia financial crisis.</p><p><strong>Good Exist Strategy</strong></p>From the record above. Tan Sri Chua usually exit a company in good timing. Company he disposed off usually fail to growth after he exit.<br /><br />Update: The Star Bizweek:<a href="http://biz.thestar.com.my/bizweek/story.asp?file=/2006/10/7/bizweek/15655682&sec=bizweek">The stage is set</a><br /><a href="http://biz.thestar.com.my/bizweek/story.asp?file=/2006/10/7/bizweek/15655685&sec=bizweek">Wave of consolidation</a><br /><a href="http://biz.thestar.com.my/bizweek/story.asp?file=/2006/10/7/bizweek/20061007084519&sec=bizweek">What lies ahead? </a><br /><br />The Edge : <a href="http://www.theedgedaily.com/cms/content.jsp?id=com.tms.cms.article.Article_30245520-cb73c03a-67047900-f664b28e">Mr Road Builder calls it a day </a><br /><a href="http://www.theedgedaily.com/cms/content.jsp?id=com.tms.cms.article.Article_3023ba17-cb73c03a-67047900-6d999cc6">Construction sector poised for first M&A</a><br /><a href="http://www.theedgedaily.com/cms/content.jsp?id=com.tms.cms.article.Article_3027afa0-cb73c03a-67047900-e541448e">IJM to enter picture later </a><br /><a href="http://www.theedgedaily.com/cms/content.jsp?id=com.tms.cms.article.Article_83cd4169-cb73c03a-1904e0d0-83d68f85"> IJM in M&A to drive growth </a><br /><br /><br />Beauty Biotech: <a href="http://beautybiotech.blogspot.com/2006/11/road-builder-and-hybrid-rice.html">Road Builder and Hybrid rice cultivation in Malaysia<br /></a><br /><br />TechnoratiTag: <a href="http://technorati.com/tag/Business" rel="tag">Business</a> <a href="http://technorati.com/tag/Commentary" rel="tag">Commentary</a> <a href="http://technorati.com/tag/competitive" rel="tag">competitive</a> <a href="http://technorati.com/tag/Economics" rel="tag">Economics</a> <a href="http://technorati.com/tag/Economy" rel="tag">Economy</a> <a href="http://technorati.com/tag/Malaysia" rel="tag">Malaysia</a> <a href="http://technorati.com/tag/Opinion" rel="tag">Opinion</a> <a href="http://technorati.com/tag/finance" rel="tag">finance</a> <a href="http://technorati.com/tag/Shares" rel="tag">Shares</a> <a href="http://technorati.com/tag/Stock" rel="tag">Stock Market</a> <a href="http://technorati.com/tag/klse" rel="tag">klse</a><div class="blogger-post-footer"><script type="text/javascript"><!--
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