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SATURDAY, APRIL 30, 2011


WORLD BANK SAYS: NEP, BRAIN DRAIN HOLDING BACK MALAYSIA





Malaysia’s brain drain getting worse, says World Bank
By Lee Wei Lian


KUALA LUMPUR, April 28 — World Bank senior economist Philip Schellekens painted
a gloomy picture of the Malaysian brain drain situation today saying that it not
only grew rapidly but is likely to intensify, further eroding the country’s
already narrow skills base.

Schellekens said that the number of skilled Malaysians living abroad has tripled
in the last two decades with two out of every 10 Malaysians with tertiary
education opting to leave for either OECD (Organisation for Economic Cooperation
and Development) countries or Singapore.

“Brain drain from Malaysia is likely to intensify in the absence of mitigating
actions,” he said at the launch of the World Bank report titled “Malaysia
Economic Monitor: Brain Drain”.

The report defined brain drain as the outflow of those with tertiary-level
education.

The economist said Malaysian migration was increasingly becoming a skills
migration with one-third of the one million-strong Malaysian diaspora now
consisting of the tertiary educated.

“Expect the trend to continue,” he said.

He added that the outflow of talent was not being replaced with inflows, thus
damaging the quality of Malaysia’s “narrow” skills base, noting that 60 per cent
of immigration into Malaysia had only primary education or less, even as the
number of skilled expatriates declined by 25 per cent since 2004.

The report also noted that there was a geographic and ethnic component to the
brain drain, with about 88 per cent of the Malaysian diaspora in Singapore being
of ethnic Chinese origin.

“The numbers for US and Australia are similar,” said Schellekens.

Report figures also show that 54 per cent of the Malaysian brain drain went to
Singapore while 15 per cent went to Australia, 10 per cent to the US and 5 per
cent to the UK.

The top three drivers for brain drain identified by the report were career
prospects, compensation and social justice.

“(Lack of) Meritocracy and unequal access to scholarships are significant push
factors and a deterrent to coming back,” said Schellekens. “Non-Bumiputeras are
over-represented in the brain drain.”

He suggested that Malaysia implement important structural reforms in tandem with
introducing targeted measures such as income tax incentives to reverse the brain
drain.

“Once the highway is built, you must compete for traffic,” he said. “One
suggestion is to hold a competition among members of the diaspora to get ideas
on what can be done to attract them home.”

He added that while this report estimated the Malaysian diaspora at one million
compared with about 1.4 million in a previous World Bank report, it was due to
the lack of Singapore government information on the breakdown of its
non-resident population.

“This is a conservative estimate and the diaspora could well be larger,” he
said.



NEP, brain drain holding back Malaysia, says World Bank

KUALA LUMPUR, April 28 — More than one million Malaysians live abroad, the World
Bank said today, adding that policies favouring Malays are holding back the
economy, causing a brain drain and limiting foreign investment.

In a Bloomberg news service report today, World Bank senior economist Philip
Schellekens was also quoted as saying that foreign investment could be five
times the current levels if the country had Singapore’s talent base.

“Migration is very much an ethnic phenomenon in Malaysia, mostly Chinese but
also Indian,” Schellekens (picture) told Bloomberg in Kuala Lumpur on Tuesday
ahead of the report’s release today.

Governance issues and lack of meritocracy are “fundamental constraints” to
Malaysia’s expansion because “competition is what drives innovation,” he said.

Malaysia’s growth fell to an average 4.6 per cent a year in the past decade,
from 7.2 per cent the previous period.

Singapore, which quit Malaysia in 1965, expanded 5.7 per cent in the past decade
and has attracted more than half of its neighbour’s overseas citizens, according
to the World Bank.

Malaysia has in recent years unveiled plans to improve skills and attract higher
value-added industries.
The World Bank conducted an online survey in February of 200 Malaysians living
abroad in conjunction with the Kennedy School of Government at Harvard
University.

They cited better career prospects, social injustice and higher wages as their
main reasons for leaving, the Washington-based lender said in the Bloomberg
report.

Singapore has absorbed 57 per cent of Malaysia’s overseas citizens, with almost
90 per cent of those crossing the border ethnic Chinese, the World Bank said.

“If Malaysia has the investment environment of Singapore and also had the
innovation and skills environment of Singapore, then foreign direct investment
inflows into Malaysia could be about five times larger,” Schellekens said in the
Bloomberg report.

“They need to boost productivity and strengthen inclusiveness.”

Prime Minister Datuk Seri Najib Razak has pledged to roll back the country’s
NEP-style policies but he also told the Umno assembly last year that the
government’s social contract of providing benefits to Bumiputeras cannot be
repealed.

According to the Bloomberg report, Najib has eased some rules to woo funds,
including scrapping a requirement that foreign companies investing in Malaysia
and locally listed businesses set aside 30 per cent of their Malaysian equity
for indigenous investors. Last year, he unveiled an economic transformation
programme under which the government identified US$444 billion (RM1.3 trillion)
of projects from mass rail transit to nuclear power that it would promote in the
current decade.

“If everything is implemented as they say, Malaysia is going to be a star
economy,” Schellekens told Bloomberg. “The problem is implementation.”




WORLD BANK: REFORMS UNDER NEW ECONOMIC MODEL SHOULD ACCELERATED

KUALA LUMPUR: Although Malaysia has taken steps to restructure its economy via
the Economic Transformation Programme, more deep-seated reforms as laid out in
the New Economic Model (NEM) have slowed as the Government seeks a balance
between tackling more immediate problems and long-term transformation.

The World Bank, in the fourth edition of the Malaysia Economic Monitor, noted
that while the project-based initiatives as represented by the National Key
Economic Areas had demonstrated “notable progress,” cross-cutting reforms under
the NEM should be accelerated.

Minister in the Prime Minister's Department Tan Sri Nor Mohamed Yakcop told
reporters after the launch yesterday that there was more to be done.


 







Tan Sri Nor Mohamed Yakcop says resources are needed to overcome major
challenges.
 He added that the resources were needed to overcome major challenges. “It's all
a matter of sequencing,” he said.

The World Bank in the economic report observed that foreign investors remained
“skeptical” about the impact of the cross-cutting reform announcements under the
NEM.

“Most do not price the NEM measures into their medium-term forecasts,
considering them instead as upside risk factors,” the Washington-based
international financial institution said.


The World Bank said the skepticism was likely reflected in two issues - the
difficulty in implementing cross-cutting reforms and the perception, likely due
to a lack of communication, that the Government was not doing enough in pushing
the NEM reforms.

Statistics revealed in the report included a conservative estimate of a
one-million strong Malaysian diaspora, largely located in Singapore, Australia,
Brunei, Britain, the United States and New Zealand.

Of this, nearly 90% were of ethnic Chinese descent while for the diaspora as a
whole, one-third had tertiary education with the rate of the qualified migrating
having risen in recent years.

The report added that Singapore was the destination of 57% of those who had
left.

Posted by righways at 1:03 AM
Email ThisBlogThis!Share to TwitterShare to FacebookShare to Pinterest
Labels: Brain drain, Malaysia, Najib Tun Razak, Organisation for Economic
Co-operation and Development, Singapore, United States, World Bank


4 COMMENTS:


Anonymous said...

When face with a choice, UMNO prefers to trash this country, rather than save
it.

For UMNO, the more non-Malays leaving Malaysia the better.

April 30, 2011 at 8:33 PM

righways said...

The West going down, rest of the world up!
http://right-waystan.blogspot.com/2011/05/west-going-down-rest-of-world-up.html

Where is Malaysia, going down with the West?

May 2, 2011 at 3:36 PM

righways said...

Talent management is the key to success as talents help all to soar.

Malaysia is now lacking behind Singapore, South Korea, Taiwan, etc who were
behind us before.

This is due to racist politics and policies like NEP favoring the particular
race who could not implement policies, create and innovate technologies to
compete.

Bear in mind, talents are well sought after by all advanced countries as it is
race and nation blind.

If Malaysia cannot take care and manage own talents, others would!

No talents can work without the meritocracy, fair and equitable!

May 2, 2011 at 3:40 PM

righways said...

The Malaysian minority has in fact gave to the majority for many years already
like the preferential treatments under the NEP that are favorable to the
majority not based on meritocracy and equality. It is wasting time and resources
if we were to continue forever, like this.

Helping the poor is universal but you can't help the poor unless you have the
competency and talents based on meritocracy to create value, innovate and
implement them correctly. Talents help all to soar as I have posted early.

Corruption is an obstruction to progress, usually the incompetent officials
abuse their powers and positions obstruct and get money and favors from the high
performers from performing, the latter compromise in order to get things done.

The incompetents usually gain high positions regardless of meritocracy and
talents. Corruption wastes time and resources!

Corruption: The biggest threat to developing economies:
http://right-waystan.blogspot.com/2011/04/corruption-biggest-threat-to-developing.html
The majority got the number big already, should not be afraid of the minorities.

To resolve brain drain, ‘give’ based universal values i.e. meritocracy, equality
and dignity, and you should receive!

Give, you should receive!
http://right-waystan.blogspot.com/2011/05/give-you-should-receive.html
http://rightways.wordpress.com/2011/05/07/give-you-should-receive/

May 7, 2011 at 3:08 PM

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 * US cannot stop China’s hi-tech rise
   
   righways
   
   May 20, 2022
   
   
   
   China’s search for technological mastery will succeed because it is
   essentially replicating the actual history of the economics and policies that
   led the United States to technological dominance, rather than the ideological
   history of what many Americans believe lies behind their success
   
   
   
   For years, American policymakers and pundits have believed China’s search for
   technological mastery or supremacy is doomed to fail or at least be consigned
   forever to mediocrity and also-ran status. This belief lies behind the
   strategy, first put forward by the Donald Trump administration, and now
   followed by Joe Biden’s White House, to restrict or ban the transfer of
   crucial technologies, notably the most advanced semiconductors and their
   production methods.
   
   
   
   And yet, paradoxically, China is bound to succeed, despite the inevitable
   hiccups and setbacks, because it is essentially replicating the actual
   history of the economics and policies that led the United States to
   technological dominance, rather than the ideological history of what many
   Americans believe lies behind their success.
   
   
   
   They have applied their own ideological models to predict China’s supposedly
   “inevitable” failure, instead of using their own actual history of American
   technology and science, and economic policy, to analyse China’s development
   and acquisition of key technologies in the 21st century.
   
   
   
   This is perhaps not surprising. Rich, powerful and successful people usually
   tell a different story about how they get to where they are to what actually
   happened to them. It’s human nature.
   
   
   
   China’s Great Firewall
   
   
   
   It’s generally believed that free enterprise is the necessary and sufficient
   condition for hi-tech industries. This means: the free flow of information
   and talent; open market; no or minimal government intervention, also called
   deregulation; and intellectual property rights protection. It’s believed only
   the market can choose winners and eliminate the losers, and that any state
   attempt to choose “national champions” is bound to fail and to be wasteful.
   
   
   
   China’s so-called Great Firewall of the internet stands as both an actual
   barrier and a potent symbol that is antithetical to all those fundamental
   neoliberal assumptions, which, granted, are being increasingly challenged and
   even undermined, even among some US professional economists and historians.
   However, if you believe in all those assumptions, you of course will
   logically argue that China is bound to fail. But is it?
   
   
   
   Let’s consider the historical reference: the Great Wall of China. It has been
   alternately argued that it was built to resist foreign invaders, and/or to
   keep in the domestic population. Either way, it was too porous to be truly
   effective.
   
   
   
   A piece of Web3 tech helps banned books through the Great Firewall’s cracks
   16 Apr 2022
   
   
   
   The same argument has often been made about the ineffectiveness and absurdity
   of the Great Firewall. Many Chinese households can just get a VPN and then
   can pretty much access whatever they want from outside China. Yet, as it
   turns out, porousness or partial online filter and censorship, has been a
   godsend for Beijing’s industrial policy for hi-tech development. This is no
   doubt an unintended consequence, but once it has been realised, its value is
   deeply appreciated by the authorities. Incidentally, that’s why officials
   tolerate the widespread use of VPNs, despite occasional and ineffective
   crackdowns.
   
   
   
   In China, for people who have the know-how, education or mere curiosity, they
   can easily bypass the Great Firewall for information to start a business,
   launch a research project or steal a foreign design. These are the people you
   need to be in hi-tech industries. Yet, for the vast majority of Chinese,
   access to contents outside China is still restricted.
   
   
   
   China also restricts foreign business and informational access. It has banned
   such companies as Google, Facebook and Twitter. But of course, it welcomes
   companies such as Apple, Starbucks and Wall Street banks.
   
   
   
   The Great Firewall serves as the online market barrier to foreign entry, or
   the internet moat to protect infant industries from foreign competition or
   business invasion; again, one of two functions of the ancient Great Wall.
   
   
   
   Intellectual property theft
   
   
   
   No one would argue intellectual property theft or industrial espionage is
   essential to the economic development of a country. However, many economic
   historians have pointed out that whether it was the rise of Elizabethan
   England, 19th century America, modern Japan and South Korea, or contemporary
   China, intellectual property theft and/or industrial espionage played a key
   role in their economic rise; and state industrial policy as well.
   
   
   
   But a successful country doesn’t steal forever. Once it reaches a certain
   critical stage of hi-tech development, when it has amassed the talent,
   resources and facilities, it starts to innovate. Then, it starts developing
   and protecting its own intellectual property regime to prevent others from
   stealing -and of course, to complain about theft.
   
   
   
   That’s the stage China is entering. According to the China National
   Intellectual Property Administration last month, 696,000 invention patents
   were authorised in 2021, an average of 7.5 of high-value patents per 10,000,
   or nearly double the ratio for 2017. Whether those patents were really as
   useful or original as they claimed is not the issue here, but rather that
   they show Chinese authorities are committed to intellectual property
   protection and building up a viable patent regime.
   
   
   
   But, besides the obvious racism about the lack of Asian originality, the
   neoliberal set of assumptions that I referred to above tend to reinforce the
   idea that China’s political and economic systems can’t innovate and so must
   go on stealing. That is also related to what American historian Richard
   Hofstadter has called “the paranoid style” in US politics. Its most infamous
   manifestation was the anti-communist McCarthyism. Its most recent example is
   the FBI’s China Initiative, which targeted ethnic Chinese researchers,
   especially those in US universities.
   
   
   
   China’s chip output shrinks as Covid-19 lockdowns paralyse industries 16 May
   2022
   
   
   
   The Silicon Valley folklore is that of a lone maverick who has a great idea
   and pushes it to fruition, and in the process, creates a multibillion-dollar
   industry. That cannot be further from the assumption behind
   Japanese-Korean-Chinese state industrial policy, according to which
   innovation is a collective enterprise, not one of individual genius or
   charisma. It’s all about the sustained commitment of public resources and
   collective talent between the state and the private sector.
   
   
   
   It’s a common criticism that such a policy is wasteful; it often backs the
   wrong technologies and industries. That’s true. However, the Silicon Valley
   model is also prone to periodic market euphoria, mania, panic and crashes,
   from the dotcom implosion to the current ongoing crypto-crashes. I will leave
   it to economic historians and econometricians to determine whether the state
   or non-state model is more wasteful or destructive.
   
   
   
   Conclusions
   
   
   
   Belatedly, the Biden administration is slowly realising that whether it’s
   containment against China or competition with it, the horse has bolted out of
   the barn already. That is why despite its hostile rhetoric, it has no
   coherent policy on how to deter or delay China’s technological drive for
   mastery or supremacy. This conflict cuts to the very ideological self-beliefs
   of the two countries. Only time will tell how it will turn out.
   
   
   
   However, restricting or banning technological transfer will not work. The
   great British historian Arnold Toynbee famously wrote that it was usually
   countries or civilisations confronted with great or even mortal challenges
   that prevailed and prospered in history, not those that were well-endowed
   with rich resources. Denying China access to vital technologies at this late
   stage will simply force it to develop its own domestic capabilities. That
   won’t make it weaker, only stronger and more self-reliant.
   
   
   
   For years, American policymakers and pundits have believed China’s search for
   technological mastery or supremacy is doomed to fail or at least be consigned
   forever to mediocrity and also-ran status. This belief lies behind the
   strategy, first put forward by the Donald Trump administration, and now
   followed by Joe Biden’s White House, to restrict or ban the transfer of
   crucial technologies, notably the most advanced semiconductors and their
   production methods.
   
   
   
   And yet, paradoxically, China is bound to succeed, despite the inevitable
   hiccups and setbacks, because it is essentially replicating the actual
   history of the economics and policies that led the United States to
   technological dominance, rather than the ideological history of what many
   Americans believe lies behind their success.
   
   
   
   They have applied their own ideological models to predict China’s supposedly
   “inevitable” failure, instead of using their own actual history of American
   technology and science, and economic policy, to analyse China’s development
   and acquisition of key technologies in the 21st century. 
   
    US cannot stop China's hi-tech rise | South China Morning Post
   
   
   
   Alex Lo
   
   
   
   Alex Lo has been a Post columnist since 2012, covering major issues affecting
   Hong Kong and the rest of China. A journalist for 25 years, he has worked for
   various publications in Hong Kong and Toronto as a news reporter and editor.
   He has also lectured in journalism at the University of Hong Kong.
   
   Source link. 
   
   Related posts:
   
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   《今日关注》是CCTV中文国际频道播出的时事述评栏目。该栏目紧密跟踪国内外重大新闻事件,邀请国内外一流的专家和高级官员梳理新闻来龙去脉,评论新闻事...
    
   
   
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 * Sun Tzu - The Art of War Explained; Putin maybe using Sun Tzu and The Art of
   War strategy
   
   righways
   
   May 20, 2022
   
   
    SUN TZU - THE ART OF WAR EXPLAINED
   
     
   The Art of War is the most influential treatise on war ever written,
   consisting of 13 chapters each of which is devoted to one aspect of warfare,
   it has shaped the way in which conflicts have been fought for thousands of
   years from the Japanese samurai to the Napoleonic war. Not only has the book
   influenced military commanders and generals all over the world, it has had
   resounding effects on politics, sports and business to this day. 
    
   In this video, we give key examples of Sun Tzu's most influential
   philosophies and strategies. These range from the Vietnam War to the coasts
   of Normandy in 1944. 
    
    
   
   
   
    THE ART OF WAR BY SUN TZU: ENTIRE UNABRIDGED AUDIOBOOK (POWERFUL NARRATION)
   
   The Art of War is an ancient guide on military strategy. Written by Sun Tzu a
   Chinese general and philosopher in the 5th Century B.C. It was created after
   he helped successfully defend the Chinese province of Wu against the province
   Chu. 
   
   The strategies in this book have been used for hundreds of years in military
   campaigns, business and sports. It is the ultimate guide on how to defeat an
   opposing force in whatever form that might take. Contrary to what we might
   expect, The Art of War actually advises to avoid fighting as much as possible
   by only striking targets that are weak and using manipulation to subdue the
   enemy. 
   
   Ultimately Sun Tzu teaches us how to have the advantage in conflict giving us
   the best possible chance of success. My hope for this production was to
   provide an exciting and digestible rendition of this ancient text that can
   help people learn these strategies for years to come. 
   
   
   
   PUTIN MAYBE USING SUN TZU AND THE ART OF WAR STRATEGY
   
    
   
   Since the American engineered coup in 2014 that brought Zelensky to power,
   the American and NATO have been quietly setting up the command centre for
   NATO operation against the Russians under the Azovstal steel plant. 3 major
   goals were achieved in the last 8 years, a command centre, a major biochem
   weapon station and a regiment of neo Nazi soldiers. All these were done
   stealthily, top secret military stuff. And they executed these so
   successfully under the nose of the Russians...without the Russians knowing?
   
   
   
   With so many top generals and scientists shuffling in and out of the
   secretive underground fortress, with so many soldiers, and with so many
   logistics, biochemical weapons in the facility, it was a very well kept
   secret!
   
   
   
   Putin was not appointed to head the KGB as a political appointee. He earned
   his spurs as an intelligent secret service officers. To be appointed as head
   of KGB, unlike the head of CIA, the latter a political appointment, meaning
   any idiot or clown could also be offered the job, it meant that Putin was the
   best of the best in KGB/Russia. Can't imagine how sleepy Joe is going to test
   his wits against the best of the KGB.
   
   
   
   Putin and the Russians did not know of the death machine under the Azovstal
   steel plant? His original plan was to take Kiev? All his tanks and heavy
   military vehicles were lined up on the roads to Kiev, clearly visible by
   satellite images. No need guessing. The Americans and Ukrainians knew exactly
   what Putin was going to do. He is going to attack Kiev. The people in the
   Azovtal stronghold too thought they were very safe, very secure, unknown and
   undetected by the Russians. And their daily activities continued unchanged. 
   
   
   
   Everything was normal in Mariupol. In fact, the Americans and NATO must have
   felt very safe and no one left the fortress. If only they knew what Putin was
   up to. If only they knew that they have been exposed, all the big fish would
   have fled. Was it American and NATO arrogance, or was it Putin's brilliance,
   the attack on Kiev was expected but fizzled out quickly.  By then, the
   Russian troops have all encircled the Azovstal fortress. Too late to run. No
   one is going to escape the dragnet of Putin.
   
   
   
   Did any of the very clever American analysts and intelligence officers saw
   this coming? How could they missed the signs, the decoy, the diversionary
   strategy of Putin, look West and strike East? Putin's deception was as
   perfect as you can get from the point of military strategy. Of course the
   arrogance and stupidity of the Americans and NATO helped, making it so easy
   for Putin to round them up in one move. Now, as the Chinese strategists like
   to call it, Putin is hauling in the net, with all the big fish and crocodiles
   inside.
   
   
   
   Putin is as good a military genius as he is expected. And he did not fail his
   believers with this war of deception in Ukraine. Now the Americans is pulling
   every string they could find to get in touch with Putin to release the big
   fish and crocodiles in the Azovstal fortress. The UN Sec Gen Antonio
   Guterres, and the Pope Francis had to make personal trips to Moscow to see
   Putin. 
   
   
   
   After all the hard work plotting to capture the Azovstal fortress, including
   the big fish and crocodiles and all the biochemical weapons inside, it would
   not be so easy to appease and persuade Putin to give up his prized catches so
   easily. Now the Americans and NATO are at the mercy of Putin. Do not be
   surprised if the desperate Americans and NATO would do a last ditch assault
   in Mariupol to free their valued generals and scientists. When Lt Trevor
   Cadieu is only in charge of a biochem weapon unit, one can easily imagine how
   many more generals would out rank him in the fortress. Then there would be
   the commanding officer of this top secret facility and his deputies. The
   Brits French, Germans and many other NATO top brass are likely to be in the
   same hole under the steel plant.
   
   
   
   These are early Christmas presents for Putin, though they came with a lot of
   planning and effort. For the slightest indication that the fortress'
   existence had been exposed, or Putin's game plan was to capture the fortress
   and all the top brass and biochemical weapons in them, all the top brass
   would have scooted long before the war started, and all the biochemical
   weapons would have be transferred elsewhere. Now they would be top exhibits
   in Putin's case against the Americans and NATO, to be shown to the whole wide
   world.
   
   
   
   Never had the Americans and NATO been in such a dire strait, with their balls
   being squeezed by Putin and they could not do anything about it short of an
   outright military confrontation, an assault on the Azovstal steel plant with
   the full force of American and NATO forces.
   
   
   
   No amount of propaganda can distract the success of Putin in his set up to
   capture the Azovstal fortress lock, stock and barrel. These would now become
   very expensive chips in the pocket of Putin, and the Americans and NATO would
   have to pay a very heavy price for their return.  How many generals or
   military strategists today could claim such a success against the American
   Empire and NATO? And to think of it, the Americans and NATO still did not
   have any clue what was Putin up to. Still guessing and spreading nonsense
   about the intent of Putin, and still claiming fake victories against Putin
   everyday.
   
    
   
   Related:
   
   
   NEARLY 1,730 UKRAINIAN SOLDIERS SURRENDERED AT AZOVSTAL STEEL PLANT 
   
   
   
   
    HTTPS://WWW.THEHINDU.COM/NEWS/INTERNATIONAL/NEARLY-1730-UKRAINIAN-SOLDIERS-SURRENDERED-AT-AZOVSTAL-SINCE-MONDAY-RUSSIA/ARTICLE65429599.ECE
   
    
   
   
   PROPAGANDA, MEDIA – THE FOG OF WAR | THE STAR
   
   
   
   
   
    
   
   Farewell: A woman saying goodbye to a relative aboard a train travelling to
   Przemysl, Poland, amid Russia’s invasion of Ukraine. — Reuters
   
   
   
   https://www.thestar.com.my/opinion/columnists/along-the-watchtower/2022/04/27/propaganda-media---the-fog-of-war 
   
    
   
   Related posts:
   
    
   
   
   UNMASKING THE SUPERPOWER
   
   
    
   
   
   HUMAN RIGHTS DEVELOPMENT MUCH BROADER IN CHINA THAN IN THE WEST
   
   
    
   
   
   COLD WAR SCHEMER: REMINISCING IN ITS PAST ‘VICTORY,’ US BRINGS COLOR
   REVOLUTIONS TO 21ST CENTURY TO MAINTAIN ITS HEGEMONY
   
   
    
   
   
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   INTERNATIONAL ORDER
   
   
   
   
   

 * The rot has spread to Securities Commission, a replay of the 1MDB debacle?
   
   righways
   
   May 10, 2022
   
    
   
   
   
   
   THE ROT HAS SPREAD TO SECURITIES COMMISSION
   
   
    ‘THIS IS A REPLAY OF THE 1MDB DEBACLE WHEN A FEW MEN OF INTEGRITY RESIGNED.’
   
   Guan Eng demands explanation for SC chair’s ‘shock resignation’
   
    CHECK OUT MORE:    
   https://www.malaysiakini.com/news/620030?utm_source=facebook&utm_medium=dlvr.it&fbclid=IwAR3gJJmgSuP8dJAT-ecguq92GvzFBefFLBZJT80BsB3FhKVyeEYYiA2PwKI
   
    https://www.malaysiakini.com/news/620030?utm_source=facebook&utm_medium=dlvr.it&fbclid=IwAR3gJJmgSuP8dJAT-ecguq92GvzFBefFLBZJT80BsB3FhKVyeEYYiA2PwKI
   
   Related:
   
    
   
   
   SC ANNOUNCES SENIOR APPOINTMENTS - MEDIA RELEASES
   
   
   
    https://www.sc.com.my/resources/media/media-release/sc-announces-senior-appointments
   
   
   
   
   SC ANNOUNCES SENIOR APPOINTMENTS | THE STAR
   
   
   
   
   
   
    HTTPS://WWW.THESTAR.COM.MY/BUSINESS/BUSINESS-NEWS/2022/04/29/SC
   -ANNOUNCES-NEW-APPOINTMENTS-CONFIRMS-RESIGNATION-OF-MD
   
   
   
   
   
   https://www.thestar.com.my/business/business-news/2022/04/29/sc
   -announces-new-appointments-confirms-resignation-of-md
   
   
   https://www.theedgemarkets.com/article/sc-confirms-three-
   senior-officials-departures-announces-replacements
   
   
   
   https://www.thevibes.com/articles/business/59805/sc-
   announces-new-appointments-after-latest-resignations
   
    
   
   
   
   
    RELATED POSTS:
   
   
   
    
   
   
   CONCERNED CITIZENS LODGE MACC REPORT ALLEGING WRONGDOINGS BY SC OFFICIALS,
   MACC STUDYING NGO REPORT
   
   
   
   
    GROUP ALLEGES CORRUPT PRACTICES BY TOP SECURITIES COMMISSION (SC) OFFICIALS
   
   
   
   
    
   
   
   CORRUPTION & INCOMPETENCE AS A RESULT OF CORRUPT POLICIES THAT BREED
   CORRUPTIONS & INCPMPETENCY AS MALAYSIA FAILS IN GRAFT INDEX?
   
   
    
   
   
    
   
     
   Keep our talent
     Malaysian pride: Tan, who is from Muar, was appointed to the most senior
   technology position at Nasa recently. – nasa.gov  NASA Engineer F...
   
   

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Rightways

 * US cannot stop China’s hi-tech rise
   
   May 20, 2022
   
   China’s search for technological mastery will succeed because it is
   essentially replicating the actual history of the economics and policies that
   led the United States to technological dominance, rather than the ideological
   history of what many Americans believe lies behind their success For years,
   American policymakers and pundits have…
 * Sun Tzu - The Art of War Explained; Putin maybe using Sun Tzu and The Art of
   War strategy
   
   May 20, 2022
   
    Sun Tzu - The Art of War Explained   The Art of War is the most influential
   treatise on war ever written, consisting of 13 chapters each of which is
   devoted to one aspect of warfare, it has shaped the way in which conflicts
   have been fought for thousands of…
 * The rot has spread to Securities Commission, a replay of the 1MDB debacle?
   
   May 10, 2022
   
     The rot has spread to Securities Commission ‘This is a replay of the 1MDB
   debacle when a few men of integrity resigned.’ Guan Eng demands explanation
   for SC chair’s ‘shock resignation’  CHECK OUT MORE:    
   https://www.malaysiakini.com/news/620030?utm_source=facebook&utm_medium=dlvr.it&fbclid=IwAR3gJJmgSuP8dJAT-ecguq92GvzFBefFLBZJT80BsB3FhKVyeEYYiA2PwKI
    https://www.malaysiakini.com/news/620030?utm_source=facebook&utm_medium=dlvr.it&fbclid=IwAR3gJJmgSuP8dJAT-ecguq92GvzFBefFLBZJT80BsB3FhKVyeEYYiA2PwKI
   Related:  SC Announces Senior Appointments - Media Releases
    https://www.sc.com.my/resources/media/media-release/sc-announces-senior-appointments
   SC announces senior…

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