Why Malaysia is So Behind And What We Can Do About It. (ft.YB Liew Chin Tong)
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- Опубліковано 30 лип 2023
- Malaysia was once an Asian Tiger but seems like we've fallen from grace. Could we ever reinstate ourselves or would we be stagnant for the rest of an eternity? What can we do and what is the current government doing about it?
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Will Malaysia be able to launch a second takeoff? Why or why not?
A second 'leap'? not in the next 20-30 years with the current mindset.
@@lancewood1410KJ was talking about the local equity exemption of SpaceX satellite internet services in Malaysia. Every country is investment friendly without regards to local equity including the Tesla investment in China. If Malaysia still insists on local equity then all this would remain as rhetorics or cakap kosong. Capitalists would continue to shun Malaysia as a FDI destination.
@@giant108 'entitled' mentality. SEMUA BUSINESS SAYA PON MAU SHARE.
Sound familiar now?
Of course not. Main reason Malaysia is behind is cause of extreme racism.
If you force any company to literally give a huge chunk of any business in Malaysia to their rival, the company will not invest unless really forced to, such as mining companies and companies that have to be in Malaysia.
After the financial crisis, Mahathir took the opportunity to blame everything on foreigners to consolidate his power. Racist policies were rampant, causing the slow demise of Malaysia.
If you’re a Malay, you’re incentivised to be lazy. If you’re of any other race, you’re incentivised to leave if you can. If you’re a business owner you’re incentivised to only do the minimum investment, because Malaysia Govt can seize your whole business at any time and give it to bumis.
So the Malaysia Govt is filled with inefficient Malay bums. If you’re an investor doing big business, and costs is not a consideration, would you prefer Singapore or Malaysia?
In the end companies only come for cheap labour and resources, and nothing else. Low investment, low growth.
Show me the incentives and I’ll show you the outcome.
@@Deloowix And not just give any chunk to anyone, it has to be 'them'.
As a former Malaysian who has worked in Singapore now for just over 20 years, my experience is that the Malaysian system (during my time at least) did not have a system to seek out and reward its talent.
Can you imagine: after obtaining a decent bachelor’s + post-graduate degree from the UK from a good Uni (Cambridge) my starting pay was RM1,800. (Private sector). Granted it was a long time ago (1997). Anyway I gave Malaysia 6 years of my professional life then moved to Singapore who welcomed me with open arms. I proceeded to build my career here. Economic rewards aside, it has been a fulfilling and an engaging career.
On the topic of rewards, I am fortunate to be able to afford things like skiing holidays in Europe every year. I don’t think I could do that working as a professional in my industry if I had stayed in Malaysia.
I’ve always thought that the time for Malaysia to turn its act around, has long since gone. I waited and waited - no improvement. In fact things got worse. So in my view that boat has sailed. The corruption of the Mahathir era and the damage done during his administration was so widespread and the rot so deep, there’s no fixing that.
I wish Malaysia all the best. I really do. She has so much to offer. It’s just such a shame things turned out the way it did for her.
You became a Malaysian citizen so that you can work in Singapore? Bizarre.
Yah yah Chinese from China taking up Malaysian citizenship to work in Singapore. 🤔🤔
I agree. Parliament needs a bunch of ambitious politicians for both Gov and Opp, who knows how to run the nation, instead of a show.
@@uwet.8826 sorry I used the wrong term. Didn’t mean to say naturalised. I meant I was born in Malaysia.
@@Hocksman 😂😂😂 okok.
"we have no talent problem, there's only a pay problem", so true
i think a lot of talents in Malaysia, may have graduated from overseas universities, i think the education needs to improve also, the subjects they teach need to keep up with times, and the teachers also need to be better quality, better paid to groom better students.
QS University ranking 2023 :
the 🇲🇾 ‘best’ is UM @ 70
other ‘🇲🇾 Universiti’ are ranked hundreds / >1k .
That is why i go to Singapore and earn SGD. Got retrench early 2023 after working 6years in kl, fed up of it and move to SG. It is the pay issue as many Malaysia company doesn't offer better pay than just lowballing every professionals.
Alasan kenapa *Malanggsiia* belum maju dalam soal Ekonomi adalah karena *Malassia masih menggunakan Sistem pemerintahan politik Caca Merba Chaca Maricha*
Sebagai *seorang Pragmatis dan ahli Berpenelitian meriset* Malangggsiia dinobatkan sebagai negara Politik sistem *(pemerintahan Apharteid)* sehingga tidak matang rasanya Ketika Malangggsiia mencoba untuk membuat ekonomi negaranya Maju seperti negara negara lain *(Indonesia Vietnam Singapura Filipina dan Thailand yang sudah mulai bangkit)*
Bayangkan saja di Malangggsiia *setiap tahun berganti perdana menteri* bagaimana bisa investor Asing mau mempercayai Malangggsiia kalau dalam undang-undang ekonomi tidak stabil dinegaranya itu terus berubah.. dalam setahun saja ada 5 kali pemilihan umum dinegara sendiri.
*Layakkah Orang asing mempercayai ingin membangun bisnis investasi di Malangggsiia* ??
Apalagi Malanggsiia Masih menggunakan agma dan kesukuan etnik dalam memonopoli Politik itu sungguh tdak Logika.
Alasan investor Asing tidak mempercayai pasar Bisnis mereka masuk ke Malangggsiia dikarenakan *Malangggsiia belum mampu belum sempurna belum independen dalam Berpolitik apalagi selalu berubah-rubah setiap saat tidak punya komitmen menyelesaikan undang undang negara*
Malasia hanya bisa terikat dengan *aliansi Commonwealth Bristih Britannia* Disitulah ekonomi mereka mendapatkan pendapatan meksipun Bayar Upeti Tiap tahun ke British dan bayar Pajak Cukai Tanah Sabah ke Sulu Filipina akibat perjanjian manilla 1959.
Sudah berapa banyak perusahaan Asing hengkang keluar dari Malassia akibat kebijakan politik di negara yang tidak stabil.
Sekian dulu pengamatan dan riset penelitian saya ini 😊🙏🏽😊
@@jasonleerenzhen3530To be fair, when you earn RM6k in KL and you earn SG$4k in SGD, that doesnt mean the pay in KL is lower. It is primarily the exchange rate and do note that S$4k SGD cant get you shit but RM6k you could buy a small apartment. Thank you.
I live in Australia but, having been back to Malaysia recently and seeing their work culture, I'm not surprised that the country isn't harnessing its best. I wouldn't want to work in Malaysia.
This is a very Smart man. Malaysia will do good in the future to embrace diversity and stop the internal squabbling.
Professional leaving from Malaysia is not only because of the currency fluctuation, but also because the employers lack of willingness to pay the employees. Out of 10 employers, 8 will lowball employee's salaries to cut cost.
It is sad to know some Malaysians left the country for better opportunities overseas and claimed they would come back once Malaysia gets better. I always believe that CHANGE MUST COME FROM WITHIN. If we don't change then who will? As much as I want to work overseas, i decided to just stay in Malaysia and try to make small changes to my line of work. You'd be surprised of how many youths are working for better Malaysia. Shitty salary, i know. But all this takes time. Im very positive with my countty and i can't see myself staying anywhere else!
I'm 19 year old guy without any influential background, what the hell can I do to improve this country? Even though I'm Malay, I don't see a bright future for Malaysia. I want to get out of here someday.
Ekonomi Madani will help you to fulfill your dream & aspiration. 1 day will come true.
@@frog6054 you can start by coming out to vote during election, work hard, become an honest person (remove the culture of "duit tepi" or under the table or backdoor deal), study hard and contribute your knowledge to the society, appreciate other people's time.. small things that you can control. Like your attitude and thinking. We want to be different and better than the generations currently in power.
@@zaffyjay2806 as a 23 year old chinese malaysian who really tried to follow these virtues and hope for a better malaysia, theres only so much an individual can do in a society that only values the previous generation's racist and old school thinking, it is a worldwide issue definitely but its so chronically ingrained in malaysia's systems since independence, i cannot see change happen in my lifetime here
@@frog6054 I encourage you to participate in politics to search for viable solution in our current political climate in the country. Lets learn the lesson of Sri Lanka & Pakistan recently went bankrupt seeking IMF bailout. In Malaysia we(multi-racial society) can avoid the pitfalls. Malaysia is uniquely having advantage of multi-linguistic skills & talent. With PMX in place there is hope Malaysia will soon free of corruption® & see a blue sky.
Not 50,000.. it is 500,000 malaysians running to SG daily! Better salary, better treatment, better working conditions!
This can be prevent by raising e&p hailing fare asap, no more discrimination no more inequality no more undervalued, it is all based on hardworking & performance like you are playing football that have a record of goal scorer list...
Last I read in economics digest its almost a million Malaysian travel to Singapore to work including those who renting in sg and not travelling daily but on off work days.
500,000 . THATS HALF A MILLION PEOPLE. not logical lah. 😂😂 to cross the causeway will takes more than 1 day.🤔🤔
Education! Education! Education. It is simple.
Not everybody go to study can guaranteed you will get a high paid job, you understand that because the power on the boss of the company, they can choose from 1 Million graduations intern but only 1 will be pick, why? because the company only have 1 position available...
Malaysians coming into Singapore to work are not cheap labour la. Those doing adhoc jobs like plumber, electrician, reno tiling canearn close to SGD 200 a day. Your politician is so clueless.
Talk is easy . Malaysia needs determination n cohesion. all the best 🙏
I am watching this channel from Berlin Germany. I am so glad this channel is in english! Thank you!!
YB Liew has very good foresight and able to analyse the ASEAN’s strength and weakness. MY should have more such politicians.
Good overview and presentation. Thank you for this.
Imagine if the Ringgit were as strong as the SGD or USD. I believe there would be other issues to consider, such as high property prices and immigration problems, among others. Nevertheless, Malaysia is a comfortable place to live, especially for families. In fact, I think the key is finding a balance. We have much room for improvement, and we are also fortunate to have Singapore as our neighbor. People have the choice to go there in just 1 hour or less for better opportunities. If things go wrong at least can balik kampung sell goreng pisang or startover again
You must be a johorean working in SG
You want the currency to be strong? we need GST/VAT. GST/VAT not only gives a great revenue generator. but the main purpose of GST is to be used as a "FISCAL TOOL" for controlling the money supply M1 in circulation through fiscal policy along side Monetary policy. policymakers can adjust the GST rate in order to expend (loose) or to contract (tighten) the economy accordingly on the country business cycle. that's the reason why the whole world adopts GST/VAT, its has been proven for many decades GST/VAT were a great effective Fiscal tool, (as a TOOL not as revenue generators) example like singapore's fiscal policy. GST also will greatly improved foreign investor confidence and increase in "HOT MONEY" result in strengthening MYR value..no matter how much we talk about economy bla bla.. without an effective fiscal tool Malaysia can never become an advanced economy.. Since GST would bring additional revenues as well (revenue generating not its main purpose main purpose is act like a TOOL but it still gains more revenues the current tax system) gov could invest in better education, build more public transport for better productivity, invest in research and development. if malaysian dont believed in GST/VAT then stop dreaming of Malaysia becoming an advanced economy, keep on living in the jungle...
This is exactly the kind of mentality why Malaysia will not excel, “chill guys, why work so hard, no need to excel, just be comfortable and sell goreng pisang and remain poor forever”
Weak currency makes imports pricier that's why Malaysians mostly cannot afford branded foreign goods compared to average Singaporeans. Stronger currency makes retirement easier when people can move to countries with weaker currencies where their money can stretch further. Most Malaysians who work in Malaysia entire life will find it difficult to retire comfortably, unless they want to live in poverty. The average Singaporean can easily afford bungalow and sportscar in Malaysia.
@@AlphaMaleMy haha , i am Malaysian base in West for many many years and super miss my home town and cannot tahan advance country anymore :-) More number one = more suffering actually
I found this a really interesting video. Love the depth 😊
Well explained!
A very interesting dialogue with YB Liew Chin Thong... always speak with facts, wit & foresight
Good session. Thank you Peter for the hard hitting questions which viewers want.
When everyone is focusing on the economy and technology development of the country, there must be a group of trouble maker only cares about religion and race issue. That's the problem.
this is so true, good leader fgood to see this, uplifts my faith
Great video content to create 💯💯💯
To become successful and break out of their languish is to recognise two things. First, is that if PAS ever gets into power, the country will go backwards, never to return. Second, that Malaysians should stop glorifying Tun Mamak for building this country, because he didn’t; Malaysia was built by Malaysians, not him; he just happened to be in power at the time. If anything Tun Mamak jad sabotaged Malaysia’s potential to do so much better than it did.
Well said. I am from Singapore.
Pas is a sesat party, they have always been that. So Malaysians of all races must reject PN 100%
Tun Mamak is the father of all the ills of Malaysia, corruption, cronyism, racism, you name it. He had the same great impact on Malaysia, as Lee Kuan Yew did for Singapore. Except LKY is for betterment of Singapore while Tun Mamak is for the worsening of Malaysia. Legend indeed. Thanks to Tun Mamak, we have a thriving racism n religious politics today.
What happened to BN? I thought BN was the reason this country is still backwards?
PAS must be eradicated for Malaysia to progress because a first world govt cannot afford to have an extremist party causing problems in parliament.
good talk YB , you can use the same script 10 years later when 1SGD = 6MYR
Don't lan cau la diam diam saja
Whoah this guy....everything he said is absolutely CORRECT!
Have you wondered since the 1970s, the ranking of NUS and University Malaya and the ranking of NUS and University Malaya in 2022 or 2023..
Also Singapore understands, you want 1st world country investors to come, you must CREATE a 1st world Conditions, what do 1st world countries investor want? Stable govt, (no see-saw policies), Good Infrastructures, power supply, roads.. Good Skilled Labors, Engineers..etc, Security.. no riots, crime..etc, Other factors like no natural disasters, flooding, typhoon, low corruptions (imagine u invest $100k, then have to spend $10k in bribes,, you cant have that happening), also for Connectivity, Singapore to China? (VISA Free..), Malaysia to China? (apply VISA)..so if you have to go China often like 2 times a week, isnt it inconvenience?
Malaysia needs to make the conditions 1st world.
tqvm u have open my eyes . truly knowledgable
Korean and Singaporean older generations suffered for the younger generation to thrive. Problem is we are not willing to do the same.
Alasan kenapa *Malanggsiia* belum maju dalam soal Ekonomi adalah karena *Malassia masih menggunakan Sistem pemerintahan politik Caca Merba Chaca Maricha*
Sebagai *seorang Pragmatis dan ahli Berpenelitian meriset* Malangggsiia dinobatkan sebagai negara Politik sistem *(pemerintahan Apharteid)* sehingga tidak matang rasanya Ketika Malangggsiia mencoba untuk membuat ekonomi negaranya Maju seperti negara negara lain *(Indonesia Vietnam Singapura Filipina dan Thailand yang sudah mulai bangkit)*
Bayangkan saja di Malangggsiia *setiap tahun berganti perdana menteri* bagaimana bisa investor Asing mau mempercayai Malangggsiia kalau dalam undang-undang ekonomi tidak stabil dinegaranya itu terus berubah.. dalam setahun saja ada 5 kali pemilihan umum dinegara sendiri.
*Layakkah Orang asing mempercayai ingin membangun bisnis investasi di Malangggsiia* ??
Apalagi Malanggsiia Masih menggunakan agma dan kesukuan etnik dalam memonopoli Politik itu sungguh tdak Logika.
Alasan investor Asing tidak mempercayai pasar Bisnis mereka masuk ke Malangggsiia dikarenakan *Malangggsiia belum mampu belum sempurna belum independen dalam Berpolitik apalagi selalu berubah-rubah setiap saat tidak punya komitmen menyelesaikan undang undang negara*
Malasia hanya bisa terikat dengan *aliansi Commonwealth Bristih Britannia* Disitulah ekonomi mereka mendapatkan pendapatan meksipun Bayar Upeti Tiap tahun ke British dan bayar Pajak Cukai Tanah Sabah ke Sulu Filipina akibat perjanjian manilla 1959.
Sudah berapa banyak perusahaan Asing hengkang keluar dari Malassia akibat kebijakan politik di negara yang tidak stabil.
Sekian dulu pengamatan dan riset penelitian saya ini 😊🙏🏽..
Alasan kenapa *Malassia* belum maju dalam soal Ekonomi adalah karena *Malassia masih menggunakan Sistem pemerintahan politik Caca Merba Chaca Maricha*
Sebagai *seorang Pragmatis dan ahli Berpenelitian meriset* Malangggsiia dinobatkan sebagai negara Politik sistem *(pmerintahan Apharteid)* sehingga tidak matang rasanya Ketika Malangggsiia mencoba untuk membuat ekonomi negaranya Maju seperti negara negara lain *(Indonesia Vietnam Singapura Filipina dan Thailand yang sudah mulai bangkit)*
Bayangkan saja di Malangggsiia *stiap tahun berganti prdana menteri* bagaimana bisa investor Asing mau mempercayai Malassia kalau dalam undang-undang ekonomi tidak stabil dinegaranya itu terus berubah.. dalam setahun saja ada 5 kali pemilihan umum dinegara sendiri.
*Layakkah Orang asing mempercayai ingin membangun bisnis investasi di Malangggsiia* ??
Apalagi Malanggsiia Masih menggunakan agma dan kesukuan etnik dalam memonopoli Politik itu sungguh tdak Logika.
Alasan investor Asing tidak mempercayai pasar Bisnis mereka masuk ke Malangggsiia dikarenakan *Malangggsiia belum mampu belum sempurna belum independen dalam Berpolitik apalagi selalu berubah-rubah setiap saat tidak punya komitmen menyelesaikan undang undang negara*
Malasia hanya bisa terikat dengan *aliansi Commonwealth Bristih Britannia* Disitulah ekonomi mereka mendapatkan pendapatan meksipun Bayar Upeti Tiap tahun ke British dan bayar Pajak Cukai Tanah Sabah ke Sulu Filipina akibat perjanjian manilla 1959.
Sudah berapa banyak perusahaan Asing hengkang keluar dari Malassia akibat kebijakan politik di negara yang tidak stabil.
Sekian dulu pengamatan dan riset penelitian saya ini 😊🙏🏽..
@@suhanjayalian5044sampai ke sini ko CINA MURTAD INDON ya..Malaysia is one of the most peaceful country in the world ranking index and higher gdp per capita than your Indon.
👍 Totally agreed. The future is renewable energy. So much sunlight❤👍
Can't wait for it
Malaysia missed the opportunity to ride on SG's economic successes when Ghani replaced Muhyiddin as Johor's MB in 1995. SG proposed IMS growth triangle in 1989 and went well till Ghani took over. However, Mahathir was not satisfied with the direction of this growth triangle and does not want to be SG's backyard. He wanted equal partnership but did not realised the huge economic disparity and international influences between SG and MY. So in 1994, knowing that IMS-GT will soon fail, SG looked north east, i.e., Suzhou Industrial Park, China (SIP) for growth. Instead of huge MNC companies setting up businesses in Johor, they went to SIP instead.
What a shame.
Is it too late now to revive IMS-GT? Maybe it's worth another look now that China's cost is no longer cheap and all those geopolitical fight?
MM wanted to screw Spore all the time. He hated Spore very much.
Dr m sabotaged our economy. He is the reason why we are stagnating. Badawi propelled johore to prospers and even suggested open borders between two countries. Dr m objected and najib destroyed that idea and damaged tge economy further by introducing policies that deter foreigners from buying homes in the country.
MadHater is 98 and the curse of MY honestly even till his last breath. That man is pure Ego.
@@zenlei8258
the problem is.. every time the Malaysian govt makes the pay 5% better for example..the currency depreciates 4%, so...even if the company pays Malaysian 10% more in Pay, if the currency drops.. and the inflation goes up, the 2 factors combined together ..negates the pay raise.
That's why don't pay rise
Agree, the Ringgit depreciates more than the median salary growth in Malaysia. This is why Malaysia's economic outlook is hopeless.
@@Seramics and people continue to leave for other countries. great idea.
Shuffling ringgit around in Malaysia is like moving things around in your room, it doesnt add value. You buy a new TV, put in your room only then your room become higher value. What i mean is we need money coming into Malaysia. We need foreign investment.
Higher pay must with higher efficiencies. If efficiency is missing, then economy will suffer. Singapore currency is high as its a money laundrering hub, like london and Switzerland. Best we compare our currency with that of thailand, where, after abolishing fuel subsidies, thai currency appreciate nearly 30% against myr. Our economy burdened with subsidies. In 2022, subsidies cost gomen RM80 billion according to tengku zafrul
Just continue to quota, quota and quota, Malaysia shall be prosperous again.
Chin Tong. Agree with you. Thank you.
Malaysia's main problem is not talent problem but Mahathir-overstayed-his-welcome problem. Mahathir's zero-sum approach to Singapore is because a successful Singapore is an antithesis to Malaysia's policies. So rather than cooperation to achieve synergy, he threw money to built infrastructures which cannot compete, eg PTP. Think of the opportunity costs if the money were to be invested somewhere productive instead of competitive.
Damn right. KL sucks up 94% of all the country's taxes (from ODEC) for what? Petronas tower and Merdeka 118 and Proton Saga. All pride projects.
Mahathir: "Proton is my baby! Throw all money into it so that Malaysia can say it makes cars!"
Lee Kwan Yew: "If SIA don't turn a profit in 2 years, I'll shut you down!"
Pride vs Productivity.
Agreed. Malaysia's biggest mistake is thinking that it can compete against Singapore, besides football all other competitions Singapore wins everything.
Singapore always see Johor as the complimentary trade partner - not competition. What Singapore lacks, Johor provides n what Johor lacks, Singapore provides. But Dr M is so anti Singapore that he insisted on building the “S” bridge as a retaliation. Dr M said Chinese Malaysian r not Malaysian enough because these Chinese uses the chopsticks. What a bewildering leader???
@@angxiang3186All this would remain as rhetorics as long as Malaysia isn't investment friendly if there's condition on local equity requirement for incoming FDIs. These FDIs would tell the administration to fly kite.
@@giant108
Who dares investments in Malaysia; must have “cheap” money ~???
The political wave n governmental changeovers r happening like flipping Roti Canai. Each changeover, there are efforts to undo “projects/programs” of the previous government to curtail political fundings of the adversaries ~ even HSR on a country-country basis is cancelled.
Phenomenal episode
Nice mature convo
I’m an ex-Malaysian and ex-DAP. I think Malaysia needs to spend in educating the population based on Western education systems. Atop playing the religious and language cards every time. Even HRH Mohammad Bin Salman in Saudi Arabia recognises that Saudi needs to modernise to become great again. Somehow, Hadi and his little minsters never received the memo. Hadi and party are the biggest threat to Malaysia because of they come into power, they will reverse every advancement in Malaysia’s history.
they still riding the religion. that's the problem.
Alasan kenapa *Malanggsiia* belum maju dalam soal Ekonomi adalah karena *Malassia masih menggunakan Sistem pemerintahan politik Caca Merba Chaca Maricha*
Sebagai *seorang Pragmatis dan ahli Berpenelitian meriset* Malangggsiia dinobatkan sebagai negara Politik sistem *(pemerintahan Apharteid)* sehingga tidak matang rasanya Ketika Malangggsiia mencoba untuk membuat ekonomi negaranya Maju seperti negara negara lain *(Indonesia Vietnam Singapura Filipina dan Thailand yang sudah mulai bangkit)*
Bayangkan saja di Malangggsiia *setiap tahun berganti perdana menteri* bagaimana bisa investor Asing mau mempercayai Malangggsiia kalau dalam undang-undang ekonomi tidak stabil dinegaranya itu terus berubah.. dalam setahun saja ada 5 kali pemilihan umum dinegara sendiri.
*Layakkah Orang asing mempercayai ingin membangun bisnis investasi di Malangggsiia* ??
Apalagi Malanggsiia Masih menggunakan agma dan kesukuan etnik dalam memonopoli Politik itu sungguh tdak Logika.
Alasan investor Asing tidak mempercayai pasar Bisnis mereka masuk ke Malangggsiia dikarenakan *Malangggsiia belum mampu belum sempurna belum independen dalam Berpolitik apalagi selalu berubah-rubah setiap saat tidak punya komitmen menyelesaikan undang undang negara*
Malasia hanya bisa terikat dengan *aliansi Commonwealth Bristih Britannia* Disitulah ekonomi mereka mendapatkan pendapatan meksipun Bayar Upeti Tiap tahun ke British dan bayar Pajak Cukai Tanah Sabah ke Sulu Filipina akibat perjanjian manilla 1959.
Sudah berapa banyak perusahaan Asing hengkang keluar dari Malassia akibat kebijakan politik di negara yang tidak stabil.
Sekian dulu pengamatan dan riset penelitian saya ini 😊🙏🏽.
@@suhanjayalian5044 panjang2 siapa nak baca dah lah bahasa indon mana aku nak faham
Pas is a sesat party, they have always been that. So Malaysians of all races must reject PN 100%
Your point of view is totally an irrational,absurd,implausible,illogical and unacceptable..It seems you kind of too sceptical,prejudiced and has a mental illness or might be retards or something which needs to be restored immediately...The biggest threat to this country your racist radical party(dap)especially yours leaders with barbarians attitude alike lim kit siang and son.. clear nepotisme parties Dap and PKR
One of the reason most Malaysian are earning so little is because majority of us still can get by and living a relatively comfortable lives with our low wage thanks to the gov's subsidy. Subsidies has been killing our work force in term of productivity for more than 40 years. Ape nak susah is our attitude in general. This plus our poor standard of education produced multiple generation of citizen that we call bodoh sombong - we don't have the skill or the ability but felt entitled to the best thing in life.
let's not blame the education system. If there are students who can get excellent results, that means those who failed are because of individual problems. If we were to become an advance country, the people too need to have a world class attitude. It's not just a one man show.
Well if you live in japan you still complain no country is perfect even you live in china you complain about ccp ungratefull people always complain
well done for this episode , invite the correct person.keep it up
This man should have been THE minister of MITI, not just a deputy minister. He's a very capable guy, seriously working for the country.
We are on the right track with the current government having such mindset and strategy. Unfortunately many Malaysian are brainwashed into emotion than rational understanding what is required to move our nation forward.
Complex economy strategy topic is not as sexy as steering people's emotion.
Nevertheless, All the best to unity government..
The ripples are still there. Let's see what happens after PRN. If the support for AI dwindles, obviously no hope because it's going to fall back.
@@foohiben whatever happens in PRN will not shake the federal government. BN GPS and GRS will not just quit the unity government.
Give PMX a full term to prove that he is the PM for all ..
Bro.. as private sector employee , i willing to upgrade myself to shine in future, but the current process are outdated ,even plan to using HRDF fund ,it almost didn't get to apply/approved. They suppose to have open door policy. we want to gain any skill. By the way, the course which we talking its not cheap tho.. minimum rm8k just for 5days.. Hopefully human resources ministry looking on this issue which prevent us gain knowledge/skills..
It's not that the salary is low. It's that the value of the Ringgit is low.
Increasing the pay will indirectly increase the cost of goods and services.
We have 4 PM's within roughly 5,6 year, always changing policy, and the peoples always pray for current government to topple. If I'm an investor, I'll avoid Malaysia.
The HSR contract is cancelled ~ this is a country to country contract. I would be very very careful to put any money into Malaysia as I would only be commercially contracted protected.
@@angxiang3186 not just that you can sign a contract to build 9 Navy ships, only to see 1 built. It's problems like these even after the 1MDB lesson that makes Investors wonder if it's safe to come in, how much money do I have to pay for bribes for example?
@@lingth
There r always “cheap” money seeking to light; these need a legitimate source to start.
The cancellation of HSR is a bad judgment from Malaysia; it cautioned investors the vulnerabilities of Malaysia policies in making on planning n execution. Also, there is the Forest City Mega project~which was targeting China investors; but project sales was curtailed due to a revision of policy and cancelled the MM2H programme that the project was encapsulated ~ even though, the Sultan of Johor has links on this project. Bad Mad Man made to influence those decisions and there is nobody/system installed to stop and avert such poor intended harm.
It's not PM problem only. Its professional problem. Every Tom Dick Harry cannot perform can take up management leader position. No sound and mature leaders. And the biggest problem it's race base and religion rule (The entire government and all staffs). Its not multiracial rule. Everything cannot sabotage. It's the biggest problem. It's humanity selfishness that sabotage the country's economic. No other races can thrive
@@angxiang3186 malay extremist see chinese buying properties as a threat. They did not see it benefiting the malay population as malay youths are not into construction or development. Only way is encouraged school leavers into construction instead of wasting their time in classes. In ten years, hopefully they can become managers or even become subcontractors. Earn better income than those who went on to earn a degree.
All talk, no action. Nothing ever changes. Always taking one step forward and then immediately two steps backwards.
Sums up Meh-sia Boleh.
You never failed to entertain me
Now,just think about it, a Malaysian Professional accountant or engineer, just starting out in his career in the West earns the same wage in 1.5 days as his counterpart in Malaysia earns in one month.
Far sighted and ambitious. Sorry to say will not happen with ultra M around. They will not support u despite of your talent, intellect n visions
Just focus on food and energy self-sufficiency (the ultimate form of security). Not only the products, but the entire supply chain for both!
bravo !
🔱. Good. Never Give up & Malaysians are almost there. 🇲🇾.
Just go to work beliveing it's a fun day or Make it fun with Results. Details with right attitude as well. 🌎
I working at Spore from 1990-1993 & have CPF at there also. We need to have SPM 5 credit in order to get 3 years permit therefore can have CPF there.
But only Singaporeans and PRs contribute to CPF. Not the number of years you work there. 😂
So the conclusion is to give more time and be patient
😂 You are wrong, it's not cheap labor. Many Msians are doing well in SG . SQ AIRLINE has many senior pilots who were Msians before. Many engineers are doing well in the corporate sector. Some are millionaires 😅.
PN did not stop Hadi to attack non-muslims. Who still dares to visit or invest in Malaysia if PN takes over?
imagine being a hypocrite, for years fighting corruption now on the same bed as the corrupter itselft , more than a year anwar being PM still blame opposition, LTAT , FELDA , TNB , lowest ringgit , higher inflation, azam baki and zahid ,still blaming opposition, hypocrism at the highest level , nowdays cannot criticize gov , later will be chop as walaun , what a joke u ph supporter , even im vote dap at parlimen bukit bintang , but im not that hypocrite tu admit PH gov still sucks
Part of the interview is crucial for the success of the new Malaysia. Like the 2/3 salary. Competition among ASEAN countries.
I hope that we can have such conversation over RTM and radio in Malay language where people who need to know these information can access.
I know one ex navy officer who spoke highly about this guy while he is in mindef. If a chinese to become malaysia pm then this is the guy, Not someone like LGE or Tony Pua.
Dear Minister.. let me tell u.. many Johorians' working in Singapore are not cheap labour.. as far as I know.. many tilers / electrician / carpenter work 6days a week and salary are between $150-$200 daily.. they spend in JB and are definitely richer then me..😂😂😂😂
From Aus, working in SG. Interesting perspective from a Malaysian. Agree somewhat, MY working in SG life satisfaction might be different from MY working in MY.
It is only satisfaction if you work in SG but stay in MY. Working in SG and staying in SG is the same situation just many would lament better governance bla3...
Another factor during the last 30years was that their Govt had managed to 'wiped' out corruption. Govt officials actually do work for their citizens. It's one of the reasons but.... That brought up the standard of living for everyone... In a way...
As long has the religious bigots are given the immense power they have, how do you expect growth? Corruption is part of our society. Good governance is lacking. People lack political maturity and the people must a acquire maturity. We have huge potentials which needs to be developed.
They are just using Islam for their own motive. Look at the UAE. A great example.PAS is the worst thing Malaysia ever got. I'm a Muslim myself
Push through the original idea of making Johore Bahru as a Special Economic Zone, in co-operation with Singapore. Then, allow import of foreign labor to augment Malaysia's deficiencies.
For a long time Malaysia doesn't have a clear path on where we are going... everything is like in auto mode and our leaders just HOPE things can get better.
Fast forward now i think we have finally found the goal and which direction we are going to. Let's hope the current administrative can be retained for us to work towards those goals. A change in government would have destroyed all.
All because Vision 2020 is color blinded vision of the previous 1st non malay indian muslim pm 22+22(yr & mo).
Truth is, most Malaysians working in Singapore are receiving competitive pay equilvalent or better than Singaporeans, not what the guest miscrued as lowly paid cheap labor. Other than that, you got to factor in the levy for workers especially the unskilled ones. People work for decent pay as well as career progression. Malaysians go across to Singapore to work daily also for because of higher SGD exchange rate and lower cost of living in Malaysia, a best scenario for many. Irregardless, I wish the best and improvement in malaysia's work enviroment.
Only a small few with overseas certification and working experiences earn more than most Singaporeans. Most that I know of are low paid or earn similar to many Singaporeans. You have to understand that when employing foreigners, the employers have to reconsider the other factors like permit cost as well. Do you think the employer would want to pay more for something that they already have in their home turf?
@@fafafifufu Nah.. that's the problem .. We don't have many willing to work manual labour. We do not have that workforce. They are all paid similar or close. As for FTs, they are actually paid higher than Singaporean or they wont come to Singapore. Also we want to retain them. Make Singapore their home but right now the property market are killing us. Alot of FTs are exiting Singapore. So the Malaysian that work here and staying in Malaysia are golden but it is hard life. Some take 3 to 4 hrs just to get home. I admire them.
Talk, talk and talk will not work. Why?
As long as the corruption in Malaysia is not properly done with, it'll affect the people of Malaysia. It not the talent problems. It the government and many other sectors are too corrupted. And as other races treated as second class citizens, it's not worthwhile to contribute much to Malaysia.
Yeah, agreed with you, YB Liew... The problems now is the pay problem instead of lack talents in our country, Malaysia....
Actually we have talent. But less pay. That's all. Most talent works elsewhere myself include. Malaysia paid RM2.5 k 1.3k goes to rent almost half. S. KOREA paid 2mill W only 80k W goes to rent/electric/water /internet/TV cables+gas. You do the math.
Invite more these kind of YB to let them have a opinion on how they going to Govern the country
beg to differ. malaysians in singapore working in MNCs are getting their 20+ days of leave, enough money to travel to any country in the world, buy a car in SG.. that is confirm better than living in MY with 3-4x less pay
That’s the problem of depending your economy 60%to China, controling your population and a high per capita income could discourage investors, the key now is effective labor of young population and cheaper salary costs are just few incouraging view for any business related ventures to pursue.
Firstly, we have to take all those politicians that do not talk facts and play with race and religion of this country.. When we tried so hard to encourage foreign investors to invest, the next moment the opposition party said these foreigners will take over and controlled all our resources... With emotions, the ill advised voters would changed the govt. which caused such occurrence again and again like we witness it in countries like Pakistan, Lebanon, Iraq and so on.. 😮😮😮😢😢😢😢
So, what is the conclusion? Any solid action plan to deal with the problem?
our difference with singapore is about mindset. We must be more kiasu and no more relax2 culture. All race must hardwork like japanese.
Don't forget Malaysia has more than 60% of bumiputras???
Once a Chinese Malaysian told me a Joke :-
Take all the Chinese out of Malaysia. Come back 100 years later, you will still see Malays climbing up coconut trees.
There are so many so pertinent, prevailings doing the PAS movement. They don’t mind being poor and as long as there r no cinemas, non Islamic concerts, no 4Ds n no beers - nothing belonging to the non Islamic.
When opposition was in power, there was no expectation. But when Unity government comes into power, there are lots of expectations. This already ahows people believe unity government has better talents, aptitude and sense of mission to improve Malaysia. Cheers.
Work in Spore also has cpf what. After 20 or 30 years when u withdraw the conversion rate cud be 1:4 or even more
Nothing can do man.. Only waiting for what Happen next.. Malaysian today's and forever 🤑
The problem is not with employers who don't want to pay better. Lower value product economy just can't afford to pay high. We need high value industry. Industry that can afford to pay high
Past leaders had this zero sum game mentality that need to win over other countries. It is time to abandon such archaic mindset and seek cooperation between neighbors to create win-win opportunities in the face of global economic challenges.
It's not just about keeping the talents, it's about bringing the money back to the country so it can grow it's infrastructure and system to attract more people to invest, live and work there.
A quick way is to make money from Singaporeans. Many Singaporeans are struggling from cost of living, but they are reluctant to move to Malaysia because it's generally a downgrade in quality of life. Poorer security, cleanliness, efficiency, education, opportunities etc.
Malaysia improving in these area will really flip the narrative around and Singaporeans will start seeing Malaysia as a viable alternative.
天马行“空”。😂One moment in SG, next moment drive to JB, then fly to Kulim, finally to Vietnam. Suddenly we are borderless country. What is not shared by the Minister is the policy changes to make companies in Malaysia pay higher, how the supply chains can be elevated, what's the policy change to retain the talent in Malaysia. Only a percentage of Malaysian living in Johor getting "low" pay in SG, but the minister failed to address they are many Malaysian who are getting high income, high skillset who wish to return but there is no equivalent opportunities. Singapore is a Financial /Aviation/maritime hub. There are many Malaysian who work in these industries and live in Singapore. What are the plans to create more opportunities and attracts fellow Malaysian to return home to work?
If we choose the old ways of doing things then becoming like Greece will not be too far round the corner. Good policies will accompanied by pain and inconvenience initially and prolong period to repaid debts.
can you do PRN discussion with Mr Pua please ...
It's ok as long as the menteri ekonomi is dap friendly even if he does not perform. Bursa is below the 2021 level when the whole world was in lock down. We have dasar jual nasi lemak using vending machine, a brilliant idea with big spill over economic impact.
On the GST issue, there are exemptions for basic necessities therefore the poor are not encumbered. Whereas SST is not transparent like GST. It was really a big mistake to revert to SST as can be seen by the massive increase in prices since and more so with the increase to 8%.
Since the political leaders in government believe Malaysia is very advance and its people are very prosperous in direct contrast with your claim, nothing much you can do except rant about it once a while after general election.
politicians cannot be focusing on internal politics and forget about the competitiveness of the country --- stability of gov and its competency are important
with a neighbour like Singapore offering stability and meritorarcy, any missteps create push/pull factors in their favour
well, people toil for a better future for themselves and their families; delayed gratification
yes, Malaysia loses taxes as people work in Singapore but they gain SGD spending in Malaysia by their people and Singaporeans.
That's not happening in Malaysia though, at least for Semenanjung.
The PH first term was disastrous. PH now must wake up and fight and stir the people to vote for the Unity Government
some of plp below the comments is not appreciate what liew chin tong said, at least he can speak out the plan or know the problem, if change another person I don't think they can think about it.
Malaysia is full of talented people, like you bro
Open investment , no matter you are malay,chinese,india or bumi. United all Malaysian can invest on something is not bad this idea
Mr Liew should spend all his time developing economic, educational, employment and governance strategies for Iskander Puteri vis-a-vis Singapore and perhaps implementing them too. Where that leaves him as a national DAP politician is another issue :)
Rather than that, a simpler solution would just be to not make all the tax money flow to Putrajaya. That causes a big problem in all the other states because the money that can be used to improve the state all goes into the capital for nonsense projects like the Merdeka 118. Rather than try to smash heads with Singapore, making ALL the other states developed will give better returns with less difficulty.
@@danielc2701not as simple as that. All the subsidies and opex still need to be covered by central gov.
Pray
the wording used here is far more decent than in lucas's bbk.
Almost 60 years from Singapore going her own way, Malaysia still can’t catch up despite having more land, more natural resources, more people.
Wealth is relative. You're rich only when you have more than everyone else around you.
What no one seems to mention is that Johor's cost of living is substantially higher than the other states. depriving the poorer off from necessities and increasing discontent.
Singapore had exported their inflation - It's costing them to keep the SGD up, but the alternative is massive inflation in a small country with very little resources, a tightly packed population, and wealth equality competing equally for those limited resources.
Why blame Singapore? It is common for countries to rely on tourism to improve their economy. The core issue lies with wealtt distribution. Good governance will lead to more even wealth distribution.
@@jk35260 Sorry about the miscommunication, but I'm not blaming Singapore for being industries. They've built an incredible system that maximizes their strengths, but it's not without it's weaknesses.
The issue I'm taking is that that system cannot be emulated in a lot of other places without amplifying those weaknesses. Yet politicians seek that utopia while under the influence of social pressure.
@YewOw Running a country is never easy as it is complex, consisting of many parts. There is certainly more than one way to run a country well, and even this is not static as the government needs to adapt to changing conditions, locally and globally. By just focusing on one aspect of a problem, it often prevents one from seeing the big picture. Many underlying issues with bad governance are multi-facet. I would argue that running a successful Singapore is far more challenging because there are far more less favorable conditions for Singapore than many other nations.
@@jk35260 That one aspect is a very important one - voter expectations. The very basis of a democracy.
Aligning public expectations with reality, and a country's vitality is much easier when there's no racial, religious, educational, historical and idealogical disparity to grapple with. There are a myriad of opposing groups with opposing goals and opposing views, with opposing methods, all persuing opposing self-interests.
Easier to contend with external forces, when the job of governing is a given.
As a disclaimer - This is all academic, of course. Not my day job.
Basically the minister said geopolitics tension between china and US is beneficial for malaysia.
By how ?? To Singapore it's really can see numbers are increasing eg. US and china's corporations are setting up HQ in Singapore.
@eugenelim5502
Tesla is settling up shop in malaysia and not sg
@@Jaymore639 based on numbers. FDI year 2019 Malaysia: USD 8b Singapore USD 99b
Year 2022 Malaysia: USD 30b Singapore: USD 195b
@eugenelim5502 in anwar inbrahim we trust
The main reason of Malaysia is behind is due to its discriminatory policy. Why don’t you guys discuss of this rather than running around the bushes. If this is not resolve Malaysia will go no where. I don’t think it is going to make any change so the only solutions is for the Chinese to leave the country. It is for the good to you and your future generation. As Mahatir said. Malaysia belong to Malay. It is in the constitution. Just wake up.
In search of excellence! Just put the right person to do the right job, Malaysia will have hope. No more nepotism!
How to put the right person to do the right job; when Bumiputra is entrenched in the constitution??? The meritocracy is then distorted n not working properly.
@@angxiang3186Then it’s wise to let the new government to set the system right. Don’t go around in circle like a failed state whereas other neighboring countries already in a right track as one nation, one heart and one spirit moving forward like a supersonic jet. And saying “bye-bye” to Malaysia.
@@gibsonfoo9212
Any political person or party that proposes relinquish of Bumiputra is political suicide ~ an end to the means for a change. The unity government is especially prone to such shakeup.
A ship can only go forward when everyone is rowing in unison, in the same direction. Malaysians need to stop bickering about race, religion and politics if it wants to move ahead, and it can do it, but some people don't want to compromise for the sake of the motherland.
The non malays will never understand what the malays want. You can talk about economy money investment and jobs for one hundred years and the malays will just vote according to skin color.
Along racial and religious lines
Is it!?