I've worked with one of the GLC's after graduated. Honestly, I can't stand the services they provided to the public, some are good but mostly bad. I wish they would improved on their services rather than worrying over the company's revenue.
1MDB was not a GLC previously, but LGE was brilliant enough to put it under MOF in order for him to be able to look into the accounts... What he didnt see was, now the debt (all companies hv them), the gov hv to service it. N he called it "a bail out"
My former O&G company where I worked was GLC.One of CEO'S was BN youth information chiefster and never cares of workers welfares,jobslobby's just busy in politic during last PRU 14 as stand candidate.Unluckily he lost to XJ and resigned as CEO..
All those GLCs which lose money should be privatised.And not receive bailots from the government all the time.It's not fair for all the citizens in Malaysia pay for and support the big fat salaries earned by these dysfunctional and inefficient CEOs.
That was very informative. Cool. But, still skeptical. What will happen if gov ditched every glc they have. Who will pay those extra taxes to close the gap left by lost of income to the gov.
@@natep6729 corporate tax already enforced at average 25% in this country, plus most of it citizen doesn't pay income tax, if today gov still doesn't control its public expenditure. Who in their right mind will ditch glc. Please don't generalized corruption and incompetence at the same level together. I just hoping money coming in steadily wherever it come from and its legal
4:35 "RM85 billion in bailouts in the last 36 years" 31 March 2020 - "Malaysia announces RM 250 billion stimulus" Also theres nothing wrong with state capitalism/mercantilism
The Quota is 90% for Malay Muslims, 5% for Chinese and5%Indians Is this fair??? free loans, education, etc etc etc for tthem. Pls forensic the ink , when it was penned in the Article 152 Msian Constituition. Its suspicious during the BN time???
@Sammyjo weyh. Malays are only 60% of the total population of Malaysia. So how is 90% quota for malays is fair? That's blatant discrimination and racism
As a Malay guy, I think shes average only, maybe the rating will be slightly higher if she keeps long hair. I have seen many prettier sweeter looking Malay girls than her.
So you prefer other international companies have bigger share rather then our very own government? Haha. This video is good. However that why SWOT analysis are created so that we r not focus only on 1 component in dcsion making
I've worked with one of the GLC's after graduated.
Honestly, I can't stand the services they provided to the public, some are good but mostly bad.
I wish they would improved on their services rather than worrying over the company's revenue.
Worst public svs ever
You deserved more views, Malaysian should like it ,but what happen to the aspect ratio?
Lew Dong An Thanks! And the 1:1 aspect ratio is because this series is mainly produced for Facebook :)
make it bigger aspect ratio, please. :D
1MDB was not a GLC previously, but LGE was brilliant enough to put it under MOF in order for him to be able to look into the accounts...
What he didnt see was, now the debt (all companies hv them), the gov hv to service it. N he called it "a bail out"
These are some awesome investigative and reporting work! Flabbergasted that I've only found these vids now.
RM 85 billion bailouts for these companies! What you doing to the rakyat? There is no light at the end of the tunnel for Malaysia.
day light ROBBERY
GLC mean Government Lingkup Company.
Yet the current ph gov changed all d directors n put their people in them..n sell the it off
State capitalism
One of form of it.
The video literally showed a graph it's called Crony capitalism
Yeah but its similar to communist country.. i thought BN said they anti communist
@@marshallarjuna4072 probably projection but bn work like communist lmao
My former O&G company where I worked was GLC.One of CEO'S was BN youth information chiefster and never cares of workers welfares,jobslobby's just busy in politic during last PRU 14 as stand candidate.Unluckily he lost to XJ and resigned as CEO..
This vid need more love. I share.
Similar to Keynsian Economy.
All those GLCs which lose money should be privatised.And not receive bailots from the government all the time.It's not fair for all the citizens in Malaysia pay for and support the big fat salaries earned by these dysfunctional and inefficient CEOs.
the key bencmark of NEP was to raise more UMNO members and keep them in power
That was very informative. Cool. But, still skeptical. What will happen if gov ditched every glc they have. Who will pay those extra taxes to close the gap left by lost of income to the gov.
Thats why they pay corporate tax. U need a better understanding of the economy
@@natep6729 corporate tax already enforced at average 25% in this country, plus most of it citizen doesn't pay income tax, if today gov still doesn't control its public expenditure. Who in their right mind will ditch glc. Please don't generalized corruption and incompetence at the same level together. I just hoping money coming in steadily wherever it come from and its legal
4:35 "RM85 billion in bailouts in the last 36 years"
31 March 2020 - "Malaysia announces RM 250 billion stimulus"
Also theres nothing wrong with state capitalism/mercantilism
The Quota is 90% for Malay Muslims, 5% for Chinese and5%Indians Is this fair??? free loans, education, etc etc etc for tthem. Pls forensic the ink , when it was penned in the Article 152 Msian Constituition. Its suspicious during the BN time???
its all about scarcity i'm half chinese
@Sammyjo weyh. Malays are only 60% of the total population of Malaysia. So how is 90% quota for malays is fair? That's blatant discrimination and racism
So why should we pay so much tax??? Just 5% is enough I say. since the Economic Pie is only 5% for us.
You so pretty hehehe kbye
As a Malay guy, I think shes average only, maybe the rating will be slightly higher if she keeps long hair.
I have seen many prettier sweeter looking Malay girls than her.
@@Emsyaz perhaps ur right.
But not many pretty faces have the confidence infront of a camera like the presenter..
So you prefer other international companies have bigger share rather then our very own government? Haha. This video is good. However that why SWOT analysis are created so that we r not focus only on 1 component in dcsion making
Govt.Lock-up Control
If its your house, you set the rules.