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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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May 27, 2017
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A British Adventurer Who Became King By His Own Hand
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News > Fabled White Sailor Who Ended Up A Royalty! >White Adventurers Have Stamped Their Mark!
By:David Lang
May 23, 2017 Updated Today, December 25, 2017
When It Comes To Journey To Unknown And Dangerous Lands You Have To Hand It To White Adventurers - White British Advernturers, if you will!
Let me tell you a story of..er..a high adventure. The Sultan of Brunei was facing a rebellion. While he was not reported to be losing his throne or going to be killed, which would be tragic if it happened, it was clearly uncomfortable for the ruler or any rulers, for that matter, to continue to rule his sultanate in peace. He wanted to put a stop to the uprising. Wanted to end the rebellion he did, yes, very much, but how? Then luck came to him in the form of a British sailor (who would put an end to the rebellion for him alright)! Checked.
An extraordinary tale by any standard. This proved that a white man - a white British man, if you will - was superior to any other men! Checked.
Wherever they descended on they added value to the areas and modernized them. That's why this fabled White Rajah kingdom came to be and into being out of nowhere, as good as from thin air. This Brooke fellow who later became a royalty by his own hand was fated to be who eventually became (the ruler of Sarawak). Checked.
It was told he was wounded in the war and later while recovering from his wounds in India he got to reading stories (books) on the far east. Which fascinated him so much that he set sail to that corner of the earth he was fascinated with. But the Dutch - incidentally also descended from White man species - had beaten him to it. But as God had probably earmarked him for great things, he was lucky he had arrived at an opportune time whereby the then Sultan of Brunei who controlled vast swaths of land had been embroiled in an uprising by the natives, and struggled to contain them. Checked.
The ruler who admired white sailors who he believed possess superior fighting or military skill, heard about his arrival - in a nick of time, if you will, and offered to bestow him a royal right to rule Sarawak as a rajah (king in Malay)..if he could lead his army to put down decisively the rebellion. Checked.
Excited by the thoughts (prospects) running through his mind that he was about to become a king by his own hands, Brooke became crazed with bravery he himself never believed existed in him and went on to make a short work of the Sultan's enemies. Checked.
The ruler on his part, kept his promise to appoint him king of Sarawak and Borneo territories and did, and king of Sarawak he became; and so began a fabled story of coming into being the royal White Rajahs of Sarawak called Brooke. Checked.
Rajah of Sarawak
Reign: 18 August 1842 - 11 June 1868
Coronation: 18 August 1842
Predecessor: Sultan Tengah (as Sultan of Sarawak)
Pengiran Indera Mahkota Mohammad Salleh (as Governor of Sarawak)
Successor: Charles of Sarawak
Born 29 April 1803
Bandel, Hooghly, British India
Died 11 June 1868 (aged 65)
Burrator, United Kingdom
Spouse: None.
House:Brooke dynasty
Father: Thomas Brooke
Mother: Anna Maria Brooke
Religion: Christianity (Church of England)
The White Rajahs of Sarawak ended their reign willingly without any force used. The whole of Sarawak a country as big as England was handed over back to the people of the territory willingly without any fight or blood shed. Again this showed how noble and magnanimous the English people are. Checked.
Back in the old days Britain - Great Britain - ruled half of the world, and when they gave independence to the people they ruled for hundreds of years, they left behind lands, buildings and others for free for just a token of 1 Ringgit! Airbases or army camps as big as hundreds of acres were handed back to the new governments for just a token: 1 Malayan Dollar! This demonstrated to the world the British are the best! Checked.
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