Stop relying on cheap foreign labour, subsidies and rent-seeking announces PM Abdullah Badawi. My first reaction was to laugh it off as another futile exercise to bring in some badly needed FDIs. Cheap labour, subsidies and especially know-who "technologies" have been the bane of Malaysian commerce for so long, I wonder if our corporate leaders know how to do business any other way.
Someone I know calls it a systemic problem. Another calls it the handout mentality. For so long we have been looking at the wrong bottom line, the time may be upon us to pay for the sins of the father... hence this reality check. Everyone I know has a suggestion where this posterity "movement" should start - and each with a different agenda and reason. I won't go into that except to say it will hurt us all, but even the Holy Bible is clear that "if your right eye causes you to sin, gouge it out and throw it away. It is better for you to lose one part of your body than for your whole body to be thrown into hell." It may hurt, but that may be the only way to go.
Friday, May 06, 2005
P1010051
Trying out Flickr...
Anyway, this photo highlights the reason behind Real Madrdid's end season good form.. :)
Anyway, this photo highlights the reason behind Real Madrdid's end season good form.. :)
Thursday, May 05, 2005
Petrol Hike Yet Again
The cabinet's decision to increase the price of petrol and diesel is apparently to stem the increasing cost of subsidizing petroleum products to the rakyat. Reading beyond the headlines, the reasons are further explained that it is to control:
i) Wastage - by way of inefficient use of petrol; and
ii) Abuse - by way of liiegal smuggling
It seems our cabinet is worried that Malaysians, with petrol being so cheap in comparison to the world, will find it compelling enough reason to drive around aimlessly and leave our furnaces burning for fun...
Then again, if we are going to be penalised as a result of unscrupulous and greedy smugglers, should it not be also at the expense of inept enforcement? Of course not. It is the ever-forgiving, all-expending rakyat's priviledge to do their part.
i) Wastage - by way of inefficient use of petrol; and
ii) Abuse - by way of liiegal smuggling
It seems our cabinet is worried that Malaysians, with petrol being so cheap in comparison to the world, will find it compelling enough reason to drive around aimlessly and leave our furnaces burning for fun...
Then again, if we are going to be penalised as a result of unscrupulous and greedy smugglers, should it not be also at the expense of inept enforcement? Of course not. It is the ever-forgiving, all-expending rakyat's priviledge to do their part.
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