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By David Lang
The following stories may fire your imagination, pique your interest. Some say 1MDB is Malaysia's Sovereign Wealth fund; to others they asked what wealth fund when its total capitalization is just One million ringgit? But, then again, if you think you can look down on the pet idea of the Malaysian prime minister, think again. His idea has the potential of turning the now world famous - or shall we say, infamous - 1Malaysia Development Berhad into a giant corporation you can ever imagine - even bigger than Bill Gate's Microsoft! At least, it could be, if the original course is stayed. It was supposed to inspire Malaysians to think big besides advance growth, according to its slogans screaming out of giant bill boards throughout the country. 'Backed' by the finance ministry who owns it - which means money will never be the problem - it can only succeed. But..it didn't. It failed! That's why it may have piqued many people's curiosity. How can a company flush with cash and can borrow any amount (billions) anytime could fail? Well, this may be in line with your thinking. People have seen since its inception - I mean after its name was changed in 1999 from Trengganu Investment Authority (TIA) to the present - it hasn't done any business! I have used present tense deliberately. It hasn't done any business yet. I mean if you are in business you need to make profit or find ways to make profit. Or close shop. Oh, I had heard about their filings of tax returns and hiring of a couple of internationally known auditors to sign off on their balance sheets; but these concerned only the company's borrowings and interests to be paid. Two massive bonds were issued to the tune of $7 billions. To buy up power plants. Again I want to say if you are in business to make money even investing in independent Power Plants, it should be done with the view to making a profit. The decision may be long term or short term, it doesn't matter, it has to make money, or no deal. May be they have done the right thing. Maybe luck was not on their side. Still, the amount is staggering. I didn't know having or managing so much money can be a problem! But many - especially the Malays - have not given up hope yet. Yes, may be the durians are just ripening; may be they need time and may fall soon!
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!>The DRL Blog > News>Malaysia>opinion
Malaysia's Vision 2020
By:David Lang
Malaysia is supposed to be on its way to becoming a developed nation, by the year 2020. Will she make it (in less than five years -tick-tuck, tick-tuck)? There is no doubt the year 2020 is coming whether the country is ready or not, and if that will be the only requirement then Malaysia will attain that developed nation status on schedule. There is a question, though, Will Malaysia, or Malaysians, for that matter, be ready for that status as far as their affluence, quality of life's concern? Currently Malaysia's GNI per capita stood at US$10060. According to the World Bank high income economies are those with GNI per capita of US$12,745. And until Malaysians earn much more to be there, the developed nation status may not be achieved even by the year 2020. The futility of declaring a country a high income country when it's not, achieves nothing. May be even counter-productive; it lulls the country into false sense of success and premature celebration. Don't forget China reportedly overtook Japan as the world's second largest economy, but in actual fact China's citizens' ca pita income is a fraction of the incomes of the Japanese who earn $37,000. Chinese incomes range from $13,000. China's gross domestic product, taken as a whole, may beat Japan's, but in term of quality of life, and GNI per capita income, the criteria for a developed nation status, China still has a lot of catching up to do. That's why China still qualifies as recipient of Japan's economic aid meant for developing countries. Comparing with the Chinese per capita domestic product, Malaysia is even worse off. Unless the government bucks up and rushes to create more wealth for its citizens, the Vision 2020 dream may remain just that ..a dream.
Jun 29, 2013
'MCA go home' vs 'Where was DAP 13 years ago?' at Jonker Walk
What?! Gan qualified his being there as a survey, not to protest? Let alone to lead the protest? Did Mr. Gan Tian Loo realize that the MCA protest carries more weight than DAP protest many times over. The state government, being UMNO-led government, considers the DAP as the opposition working hand-in-hand with PAS and PKR to oust UMNO from power, rescinding the directive on the request from DAP leaders will make the party even more popular. I thought, at first, here come the MCA, finally to do what it's supposed to do. Then the expected happened. He got cold feet. The reporter who covered the protest reported Gan was suddenly cautious . He was like ..."I'm here to lend my support to..the .. no, wait! I am not here to support the traders - but just to do a quick survey! But I am glad to be standing here with the protesters but reporters, please put it down in black and white I am not, I repeat, am not here as part of the protest. This is the reason the MCA was shunned, I mean has been shunned by the Chinese. They do not represent the Chinese anymore. They cannot get things done anymore unlike in the old days. Gan admitted his meeting with the chief minister was fruitless, but would keep trying. Keep trying for what? He should stop embarrassing the MCA and reducing its credibility further by continuing to beg despite being rebuffed earlier. Again, this proved that the Malaysian Chinese Association has really completely lost its usefulness. If a small matter like Jonker Walk closure was beyond its power then, that 's it.
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The Free Gazette › News›opinion
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Sep 13, 2012
Why NASA skipped the moon?
The Free Gazette › News›opinion
This article was recently published on MSNBC Newsvine.com
It is indeed encouraging that NASA (who else in this matter?) has found some, albeit (very) insignificant success in its endeavor to explore and 'conquer' this baffling but captivating planet: Mars.
While it is acknowledged that NASA has done much more than others in the business of planetary and interplanetary travels, searches, probes of the depths of the imaginary space and the constellation of its stars, much remains to be desired. The efforts to explore the heavens shouldn't remain just those of NASA's alone.
We all should be interested in the galactic endeavor spearheaded by NASA, and contribute our ideas whatever way we can to conquering the unknown vast space that baffled man since we began to look skywards with unabated wonder. We sometimes wonder why the black-hole has a gravitational pull so great that nothing, not even light, can escape it.
We also wonder how come the positioning or movements of the stars can cast spells over humans on earth?
We may have set foot on the moon but have we learned enough about that star? As far as this writer is concerned, we know next to nothing about this earth's closest neighbor.
I believe we shouldn't go there just to plant the American flag (or to outdo the Russian at seemingly their own games) but to know more about this star in order to know more about other stars, and to use it as a springboard for exploration and, hopefully, and reaching to even farther stars.
At this juncture, our (NASA's) efforts or interests related to the moon have waned. We don't know much about this illuminating star yet we have already hopped on to Mars.
In my view, and this does not imply that it is the only one that makes sense, we should thoroughly and totally conquer the moon where we can build stations, if not homes, which we can and do visit regularly, or whenever we want, with ease.
At things stand, sorry to be blunt, but even NASA cannot assure me that if I wish to travel to the moon and am willing to pay any amount it takes, that it can grant me my wish.
In other words, Neil Armstrong's setting foot on the moon surface was not an ordinary, sure-thing event, but rather a hit-and-miss accomplishment, fraught with danger.
This, however, in no way belittles Armstrong and his co-moon conquerors, but the fact remains that NASA cannot send(new)astronauts to the moon as, or whenever, they please. And so far, as far as the moon is concerned, they just touched the surface, as they say. They are not in the position to colonize it even if they want to. We are nowhere nearer to controlling that planet than when we started, even after the July 20, 1969 landing.
As the moon as the prize, and it is open to all and sundry to try his luck, is it not curious that so far nobody or country steps forward to claim it?
What are we waiting for? With this lackluster attitude there is the danger the Chinese, who may lack technological advancement on par with the Americans, for the time being, may beat us to the game (colonize the moon)and then -- who knows? -- if we want to be interested in moon again, it may be too late; the Chinese may have already established a garrison to keep out newcomers(like they did recently in the South China islands claimed by the Philippines, Vietnam, Malaysia, Taiwan and, of course, China). If we want to go there, the next time, we will do so only with their permission!
What a waste, if not shame, then for the nation, the first and the only nation, that sent men to the moon. Don't scoff at my predicted scenarios; it is unlikely but it can happen. Never underestimate the Middle Kingdom people. We don't know what they are up to now; like we didn't know what they were up to when they took Tibet by force and claimed it had always been Chinese territory (and got away with it); when they overtook Japan as the second richest nation on earth after America; and then it sent a ballistic missile to pulverize a satellite -- its own (thanks goodness) -- to prove that it has the capacity to retaliate against its enemies if attacked.
But in actual fact the Chinese still have a long way to go to catch up; but still, it's a matter of time only.
Yes, there is no doubt about it, America is way, way ahead of any rivals on earth. There is no way the Chinese can overtake America in this field --this field alone -- unless we let them. But that is what we seem to be doing, unfortunately.
Although they were deliberately not allowed to send astronauts to the existing international space station, and prevented from partaking of the expertise and experience gained so far, the Chinese are undaunted in their own endeavor to conquer space and beyond. So far their plans to send men to the moon are on track.
Their zeal and consistency amply make up for somewhat lack of technological expertise or experience. The day will come when the Chinese will proudly announce - just like Neil Armstrong did in 1969 - "The (Chinese) dragon has landed!"
My point is this: The United States of America - as far as space travel or exploration - is second to none. We should endeavor to keep it that way.
Here is my suggestion. Just take a look into the skies. What do you see? Millions after millions of stars or spots, right?
These stars may look small, but they are not. Some planets in other planet systems - and there are countless of them and complete with their own suns and moons - are many times the size of our planet earth.
Have you ever wondered how these galaxies of stars and planets float and navigate their ways in seemingly crowded space? Why they never crash into each other or collide and burn down in a giant ball of fire? I mentioned systems, didn't I? That is right, planetary or interplanetary systems ensure all stars or planets operate or move within their boundaries. Of course the galaxies or Milky Ways are so vast that the nearest distance between two planets may be millions of miles.
Besides taking a new, hopefully more enthusiastic, look at the moon, I suggest we begin immediately to research and design state-of-the-art - and I mean nothing less - spaceships that can tap into its own energy or surrounding energy sources to be able to travel and keep traveling endlessly; so that it can pay a visit to any stars or planets ground controllers desire, in the quest to find a planet or planets that can support life form - to colonize.
That seemed to be NASA's goal, was it not?
That is not all. It may be imperative that we also design or manufacture food, state-of-art foods if you will, that can sustain our astronauts infinitely. We could invent food capsule like capsule for drug; it should contain every nourishment an average astronaut needs for certain period of time.
Both of my suggestions are not far-fetched; they are doable. In fact, we may have already succeeded in the science of harnessing energy from artificial sources, to a certain extend. Our ability to film images and relay them back to earth millions of miles away was due to artificial energy.
Nuclear energy was already being harnessed by NASA, it seemed.
In conclusion, I would like to say this: If there were any ones that could do all these it had to be Americans, no one else.
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