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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!




Flying bat in a marquee

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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?

Sep 11, 2016

Monster Guards

Yes, I agree with Gary Lam public relation manager of Low Yat Plaza management, we have to learn
from this incident.

Security must be enhanced not only to protect the the shopping areas and the
shops, but to deter - intending, planned theft or on-spur-of the-moment or an after-thought, on-
the-fly kind of theft.

Sep 8, 2016

Hannah Yeoh Won't Apologize For Wearing A Headscarf




The Drl Blog

















What Hannah Yeoh has done - to have decided to wear a headscarf and to show defiance by saying "I 
will not apologize for doing so, ever" - must have surprised many of her friends as well as&nbsp
colleagues in the DAP. Above all, her family - any Chinese family, for that matter - must have 
felt betrayed by their very own blood.



But then again, who knows maybe her family - I meant 

siblings, not husband or children if she's already married - can take what she has done in their 
stride.

Sep 7, 2016

Ismail Regrets Saying What He Said



The Drl Blog

















This event happened a while back, but the impact of it left deep in people's mind still can be interesting. So I bring back the news for the benefit of those who were overseas then and might have missed it.

These Malays posting on this portal feel obligated to help this Malay minister; so they try to avoid mentioning the Ismail's real statement - but instead claim he didn't mean the Malay consumers boycotting Chinese businesses but all consumers boycotting Chinese businesses! They lie; but Ismail stuck to his guns. I respect him for that. Ismail after making the statement on Facebook with full confidence but soon after somewhat lost his confidence! The chest beating and shouts of bravo were soon replaced by frantic efforts to find a way out, that he didn't mean what he said (wrote)! And then some Malays on this Malaysian Insider waded in to help him. The minister surely needed all the help he can get because he's definitely in a tight corner due to the things that he said which are untrue. One more thing - he definitely means the Chinese harm when he said DAP's Ngeh got share in OTWC - and he's anti-Islam - and that the Chinese are oppressing the Malays. When he called on the Malays to boycott Chinese businesses - he said with ill-intention that the Malays are majority consumers tellingly - and emphasized that the Chinese consumers are a minority! I understand Ismail's trying to be a hero to fend off the innocent Malay consumers 'who suffered because the Chinese sold their goods and services high'; and neatly avoided to say the government was the culprit in causing the prices to spiral. He and the government were so fixed on demanding that the prices must come down just because the prices of oil had come down a few days! They could not figure out that businessmen have to order their goods in bulk and have to pay the prevailing prices then. They mean just because the prices of oil had come down they could go back to the suppliers for refund? My two sens is Ismail now regreted he said what he did; he had to stick to his confident stand - and not tries to say it was a typo! At first he said Chinese businesses; then he didn't mean all Chinese - finally only those who refuse to bring down their prices. He meant all businesses are run by Chinese only; no Malay businessmen, or Indian businessmen - or Bangala businessmen! They're fixed on the Chinese for some reason. Now the Indians are called sons and daughters of soil of Malaya! Apparently Perkasa didn't think so when the opposed building of Indian temples - and that their doors must face certain direction only! When religious authorities declared war on the Vanhouten chocolate factory, many Malays felt betrayed for allowing them to unknowingly consume the pig-tainted chocolate for years. One Malay lady wanted millions so that all Malays - old men and women, children, can buy blood to course through their veins to replace the old, tainted blood. Then things simmered down mysteriously without the replacement of blood. In the meantime the controversial factory was staring at bankruptcy and their employees - almost all were Malays - going to lose their jobs. So they must find a way around the halal problem and found it. What was it I have no idea - but the problem was solved. No need for blood transfusion. And much, much later the religious authorities insisted the factory and its product are halal! And, therefore, no contaminated blood coursing through Malay veins! Many couldn't help wondering why, what happened. For your information, the factory was not owned by Chinese but Malay businessmen! Do you wish to know more?

Fear And Capitulation

Rodrigo Duterte of Philippines has got himself into the bad book of President Barack Obama when he called the president "Son of a bitch!"

Anwar And His Putrajaya

No need to belittle Anwar's idea. For this man has vast experience; he knows what he wants. He's seen it all and done it all! And what he wants is within his power to take it or make his vision a reality. Nothing is impossible in this world.

Abdullah Rebuffed Them

Finally the MCA came forward to complain and urged action. Okay, late better than never. But I have one question for Heng Seai Kie: What took you so long? People - okay, the Malays, the ex-judge, if you will, keep attacking the Chinese for the simple reason that - they can.

A Monk Like No Other

Let me tell you a story about a monk who charmed and seduced countless of women in Penang
many years ago.