Posted by DickyMe > 2019-02-11 10:24 | Report Abuse

For economy to prosper, private sectors participation is utmost important. When the government is involved in business, healthy competition is absent because government regulates, hence protects it's interest. In such a lopsided environment, these companies will not perform to the optimum and consumers interest is beyond their care.

This is evident in shoddy customer service, expensive and ever increasing price, bloated, redundant workforce, egotistical, uncreative management and lack of vision. The country brought mediocrity unto itself. Healthy businesses will stay away because they are defeated by unhealthy regulations and demand.

Posted by VWWong > 2019-02-21 07:02 | Report Abuse

Agree with DickyMe. GLCs or GSEs has always been a problem for most developing country and Japan as well. The moment government connected companies are doing business, it destroys all the innovation in that country. That is why Japan until today, hasn't come out with any big innovation that can spearhead the country's growth. Unlike USA, where government involving in business is abhor.

Posted by enigmatic [Breaker of Speculative Investing] > 2019-08-09 01:29 | Report Abuse

as of 9.8.2019, this list has godlike returns

Posted by KLCI King > 2019-10-21 10:11 | Report Abuse

Well done!