The curse with Malaysia is that we never had a good Government that managed the country’s economy well and often hard-earned money is spent on dumb fiscal policies & decisions that are designed to consolidate political powers and this often runs along the lines of race and religion. Just see how Singapore’s Dollar has strengthened against Malaysia’s Ringgit in the last 14 years. Chart source: Trading View
Just to recap for those who may not be keeping track of the years that had passed by since Malaysia (or rather Malaya) got its independence but it’s sad that after 64 years, we are still talking about assimilating the various races with different religions and cultures into one Bangsa Malaysia. Image source: Wikipedia
New regulations and identifying area of improvement between e hailing and taxi companies in this country are part and parcel of the Government policies to provide a fair grounds for both segment to strive and to ensure service to the general public is not compromised. Image source: Malaysiakini
In 1981, the Malaysia Incorporated Policy was introduced to encourage the close cooperation between the public and private sectors whereby both sectors act and operate within a “Malaysian Company”.
The 53rd anniversary of our independence is just around the corner, and yet we continue to read this nonsense that causes us to go after the wrong bogeyman – we should be ashamed of ourselves.
(The problem with Najib is not his ideas in his 10MP but his willpower and having the right character to make the actual change. After the stunt, he pulled off in Perak, who is going to believe what he says? Image source: Bloomberg)