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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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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

'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.

Jun 22, 2013

Anwar: 505 rally will go on - Nation | The Star Online

Anwar: 505 rally will go on - Nation | The Star Online

Black 505: Live updates - Nation | The Star Online

Black 505: Live updates - Nation | The Star Online

Feb 15, 2013

How To Repair Your Own Refrigerator And Save A Bundle





when I received a call the other day (night) from a Miss Lee complaining about her fridge not working (she noticed the temperature inside the fridge was warm comparable to room temperature), I asked her to check if the fridge's power switch was at on or off?

Apr 4, 2020

Johnson Should Suspend All Govt Deputy Chief Medical Officers Too Or Fails In His Duty





Their Ridiculous Stands Are In Line With Their Original Positions That Enough People To Be Sacrificed To Create Herd Immunity, And They are, Of Course, Not Among Those To Be Killed

By David Lang

April 2, 2020 Updated Today:April 2, 2020

Johnson Should Suspend All Govt Deputy Medical Officers Too Or Fails In His Duty!

The Deputy Medical Officers Who Hold Similar Views To Those Of Professor Chris Whitty and Patrick Vallance should not be allowed to continue to old sway over the government in the fight against the coronavirus as they may be taking orders from or had been brain-washed by Professor Whitty.
Boris Johnson, perforce, should fire deputy chief medical officer Jonathan Van Tam after insisting to stick to his old view that wearing a mask wont't protect against Covid-19 virus. He lied!
How long Boris Johnson is going to wait before he acts decisively to deal decisively with the Covid-19 - the most dangerous enemy England ever faced since the German's Luftwaffe's scorched earth bombing of London in World War2? Wait until the UK became another Italy, or wide-spread civil disobedince occurred?!
The prime minister, perforce, should stop following all and every piece of advice given by Professor Chris Whitty, his deputy Jonathan Van Tam, and Sir Patrick Vallance, or whoever is known as government medical officer--they all have the same mind set. All these people are a danger to the British people's health due to their unethical and callous views, and may tarnish the image of the Johnson administration due to their stubborn position over the Coronavirus response.
Angela Epstein wrote in her premium Telegraph column, quote: 'Boris Johnson's bunglingly British response to coronavirus is not good enough.'
Johnson has to act fast or he and by extension, England, will be overwhelmed, soon. He should, perforce, listen more to his own aides such as Dominic Cummings who are presumed loyal to him instead of listening to those professor civil service mandarins who are fond of flexing their powers and their loyalty doubtful.
If he cannot now dismiss them, at least suspend them for the duration of the fight against Coronavirus; if they want to resign and threaten to file fair dismissal suits - like what Sir Philip Rutnam did to Priti Patel recently - so be it. Let them bring them on. Remember, dismiss all, every last one of them, or the remaining ones may carry on to throw a spanner into your works on the behalf of all of them (mandarins).
PM Boris Johnson, sir, you actually owe it to the British people to act tough against these unscrupulous callous professors. The time is now or never. With the huge majority in the Commons your party should (be able to) do the right thing - without apologies to anyone whether the opposition Labor party or the Civil Service mandarins. Checked.
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