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71 comment(s). Last comment by stockraider 2018-09-11 19:33

GstTakNak

58 posts

Posted by GstTakNak > 2018-09-11 11:43 | Report Abuse

No GST and reintroduce SST is so far what PH govn has done.

Up_down

4,361 posts

Posted by Up_down > 2018-09-11 11:51 | Report Abuse

Malaysia GDP will be heading downtrend soon. The government is waiting our neighbor countries (Indonesia, Philippines, Vietnam) to catch up on par with us before moving up further.

stockraider

31,556 posts

Posted by stockraider > 2018-09-11 11:55 | Report Abuse

Msian govt don know how to spend effectively loh....!!
Just look at our education....spend so much....still very poor standard loh....better just focus on savings....savings....bcos we need to paydown the debts mah....!!

Posted by Up_down > Sep 11, 2018 11:33 AM | Report Abuse

Our country top officials keep talking savings for the country through mega cutting projects. It’s a good sign to avoid bankruptcy risks due to overspending. Most people know savings is important and resources needed to exploit effectively. Focus too much in savings won’t bring us to anywhere. Besides savings, what our government can do to attract FDI? Why PH government won’t come out a more favorable policies for foreigners to invest in Malaysia whether direct or indirect investment? By looking at the talks of our PM, I feel our government likes closed door policies for the sakes of their political agenda.

GstTakNak

58 posts

Posted by GstTakNak > 2018-09-11 11:59 | Report Abuse

All bec i3 also cause govn pay high debts. Want so many projects(ask Gamuda, MRCB, etc shareholders true or not?) but who pay if not govn?

Posted by EngineeringProfit > 2018-09-11 12:03 | Report Abuse

Step....by step

1. dump kleptocrats and self serving statemen

2. push for servant leaders only .....through meritocracy and hence 'natural selection.....elimination of the weak ones'

3. reform divisive (and all the divide and rule.....) agenda.....policies......conferenxes.......meeting.....institutions


......and replace them with united RAKYAT-CENTRED ones only

4. bla.....bla.....bla



( One....by one

Slowly....but surely)

.......shaping a new gomen of the people, by the people, for the people

Up_down

4,361 posts

Posted by Up_down > 2018-09-11 12:08 | Report Abuse

Education investment is long term policy. We can’t even see a good results in next 5 years even though major revamp were taken now. Focus in savings alone is not enough for our economy. You may see PH bombard by BN for slow economy growth. What’s the growth driver or momentum for our economy? With such bleak economy outlook, foreign talent don’t even consider get back to Malaysia.

Posted by stockraider > Sep 11, 2018 11:55 AM | Report Abuse

Msian govt don know how to spend effectively loh....!!
Just look at our education....spend so much....still very poor standard loh....better just focus on savings....savings....bcos we need to paydown the debts mah....!!

Posted by EngineeringProfit > 2018-09-11 12:09 | Report Abuse

yes.....yes......

eliminate those unfot ones......

let the meritocratic selective process begins....now

(ALTHOUGH THE BEST TIME TO PLANT A STRONG GIANT TREE IS ALWAYS 20 YEARS AGO.........

...THE SECOND BEST TIME IS......NOW)

Up_down

4,361 posts

Posted by Up_down > 2018-09-11 12:18 | Report Abuse

Dr. M is suitable PM for the sakes of political stability during the transitional period. He can’t do any reforms for Malaysia. Anwar is a better choice for reforming Malaysia whether political or economy.

Posted by EngineeringProfit > 2018-09-11 12:21 | Report Abuse

yes....yes.....

Rakyat-centred agenda.....

one baby step at a time.....

(once done.......tick ....on the checklist..

......move on....to the next one.....

NEXT.......


(to every leaders.....ask not what their position can benefit them and their families...

....but ask.......how they can rebuild the country)

Posted by EngineeringProfit > 2018-09-11 12:22 | Report Abuse

IF ONLY GOT ANTI-RACIST LAW......

Posted by EngineeringProfit > 2018-09-11 12:24 | Report Abuse

.......then only they will start to learn to .....


just use.....one word......most powerful......collective......unifying


WE




yes........'WE'

Posted by EngineeringProfit > 2018-09-11 12:37 | Report Abuse

As a stateman, he or she should jsu say.....no more than....

THE RAKYAT....AS A WHOLE....NEED US......GOMEN PPL.....TO BE SERVANT LEADERS

......TO SERVE OUR BEST TO RAKYAT (UNDIVIDED)


AND THEY .....RAKYAT.......UNITY IS STRENGTH



IN SHORT.......SHOULD ONLY USE WORDS LIKE.......WE.......when referring to servant leaders....

.......and RAKYAT...
...when referring to the stakeholders of the democratic gomen (that's all)


Only We.....and Rakyat.....no further divisive elements

Posted by EngineeringProfit > 2018-09-11 12:42 | Report Abuse

We need to tell them ......this time......

we reject cheap politics......which has made our currency so cheap .....and is getting cheaper

Only.....we......and rakyat. ...

no more cheap politicking

Posted by EngineeringProfit > 2018-09-11 12:43 | Report Abuse

(and lopsided.....compromised.....cheapskate....
plocies)

Posted by EngineeringProfit > 2018-09-11 12:56 | Report Abuse

Step by step......


klepto....out

next mahthirism.....out

Posted by EngineeringProfit > 2018-09-11 12:57 | Report Abuse

We must tell them......


NOT THIS TIME....

Posted by EngineeringProfit > 2018-09-11 13:09 | Report Abuse

klepto out.......transoarent....responsible and accountable gomen in

divisive......disciminative and exclusive policies.... rhetoric.....and institution/organizations out......

........inclusive.........rakyat-centred........unity fostering ....thingy as replacement

Up_down

4,361 posts

Posted by Up_down > 2018-09-11 13:10 | Report Abuse

Resources are deployed mostly for supporting Malay elites rather than serving the needs of poor and improving education quality to enhance competitiveness. Their intention is to create a crutch with an ulterior motive of protecting elites. The government has spent much money in education to churn out graduates unable to meet the demand in commercial business for employment.

Posted by EngineeringProfit > 2018-09-11 13:13 | Report Abuse

100% agree


That's why....we need to tell them


NOT THIS TIME.......BECAUSE......THIS TIME WE WANT....

Up_down

4,361 posts

Posted by Up_down > 2018-09-11 13:36 | Report Abuse

Speedyboy. When majority of Malay becomes more independent, we can expect Malaysia economy to have a big leap. You see Indonesia. There are catching up now even though Malay is majority of the population. Are we waiting Indonesia to overtake us before realizing this facts? Malay can a wonder but it’s just their own leader suppressing their potential through education system.

calvintaneng

56,898 posts

Posted by calvintaneng > 2018-09-11 13:38 | Report Abuse

HEAR THIS

https://www.youtube.com/watch?v=Ks-Z3_3eFO8

Posted by EngineeringProfit > 2018-09-11 13:56 | Report Abuse

ady cause Msia rm 1 trillion debt..... ..is enough

No more cheap rhetoric, politics and policies



We must tell them......no more


This time we want.....

davidkkw79

5,068 posts

Posted by davidkkw79 > 2018-09-11 15:52 | Report Abuse

sacrifices for what? Sacrifices for supporting another lanjiao potong car?!

Posted by EngineeringProfit > 2018-09-11 15:54 | Report Abuse

No more sacrifice.......

....has lost too much........accumulated too much debt

Enough is enough

No more sacrificing the country for bankruptcy

chinaman

3,309 posts

Posted by chinaman > 2018-09-11 15:57 | Report Abuse

This time govt. will say EPF compulsory gradual withdrawal at 55 yrs old. No more alltogether since no money liao

Posted by EngineeringProfit > 2018-09-11 15:58 | Report Abuse

Time for an equitably budget

........no favourism..........

uncompromising

........for the ppl

for he country's economy and future

joekit

833 posts

Posted by joekit > 2018-09-11 17:21 | Report Abuse

identify those duplicate work or department and eliminate it. like this can save money.

stockraider

31,556 posts

Posted by stockraider > 2018-09-11 18:20 | Report Abuse

If u add back culmulative 60 yrs of education spending since independce....what do u get ??

A very poor quality education....where those people....are even ...not equip....with basic commercial & business skill loh...!!

The education...has become bad to worse loh.....!!

Msia....needs english education, vocational skills, science & technology skills, business & commercial ability and computer science & technology, farming and plantation skill mah....!!

Where are v now leh ??

Posted by EngineeringProfit > 2018-09-11 18:33 | Report Abuse

Need an edu minister who has this insight.........can figure this out......


........learn from the past (but do not repeat.....)

and come out with serious reform


........last hope for the country

stockraider

31,556 posts

Posted by stockraider > 2018-09-11 18:42 | Report Abuse

Yes start with khazanah....can raise at least rm 100 billion loh....!!

chinaman

3,309 posts

Posted by chinaman > 2018-09-11 18:44 | Report Abuse

All GLC monopoly, oligopoly in many ind. must be privatised, sold to settle govt. debts. Govt. must doing policy making by provide fair playing field, and to avoid conflict on interest. Put all professionals, not politicians in body like EPF, PNB.

Posted by EngineeringProfit > 2018-09-11 18:45 | Report Abuse

GIGO.....garbage in....garbage out


Which way we are heading......?


Our elaborative history text for school has failed the students in learning from history


For example:


Academics have pinpointed the exact period in which Muslims began turning away from scientific innovation – the 11th century.



Nizam al-Mulk had created a system of education known as "Nizamiyah" that focused on religious studies at the expense of independent inquiry.



For the first time in Islamic history, religious studies became institutionalised and religious studies were seen as a more lucrative career path. Previously, sciences and Islamic law were intertwined.



​​Not only did Nizamiyah colleges focus on religion but they also adopted a narrow Sunni interpretation of Islamic jurisprudence as the source of curricula: the Shafi'i school. The choice was not arbitrary. The Shafi'i school focused on the fundamentalist principles of Sharia and disdained the rationalist approach that had gained momentum during the reigns of Damascus-based Umayyad dynasty and the Baghdad-based Abbasid dynasty.


........



https://en.qantara.de/content/the-decline-of-islamic-scientific-though...

Posted by EngineeringProfit > 2018-09-11 18:48 | Report Abuse

After politics.....next our edu and econ are in dire need for detoxification

stockraider

31,556 posts

Posted by stockraider > 2018-09-11 18:53 |

Post removed.Why?

chinaman

3,309 posts

Posted by chinaman > 2018-09-11 18:56 | Report Abuse

PETALING JAYA: Civil servants may have to contribute to their own retirement income in the future, the head of the agency which has taken over the government’s pension operation said recently.

In an interview with TheSun, Retirement Fund Inc (KWAP) CEO Wan Kamaruzaman Wan Ahmad said it could be similar to how private sector employees contribute to the Employees Provident Fund (EPF).

“For all you know they (the government) may decide that this (current) scheme is unsustainable, we may move to the EPF (type) scheme,” Wan Kamaruzaman was quoted as saying.

The current pension scheme for civil servants is called “defined benefit”, wherein only the government and other employers of civil servants, such as statutory bodies and local authorities, will contribute.


With this scheme, pensioners are assured half their last drawn salary for life after they retire at age 60. A spouse will receive the same in the event of a pensioner’s death.

Wan Kamaruzaman said the EPF-style contribution scheme, called “defined contribution” may also enable the government to gradually reduce its burden of the ever-growing pension liabilities. The current scheme sees the government placed with a liability amounting to some RM300 billion.

“Let’s say in future, five years down the road, new civil servants will be on defined contribution, so KWAP will be managing both a defined benefit and a defined contribution scheme, that is how I see it go. Because this is just too good to last,” Wan Kamaruzaman said, according to the local English daily.

It was previously reported that Prime Minister Najib Razak had also acknowledged that the current scheme is not sustainable for the long term, thereby suggesting that an alternative scheme may be in the works.

“With the current civil service strength numbering 1.6 million, moving to a ‘defined contribution’ model will take strong political will,” Kamaruzaman said.

KWAP runs the entire pension operations for the government and all other employers of civil servants, after having absorbed the entire public pension department that had previously been under the Public Services Department. All 250 employees of the department are now based at KWAP’s office in Cyberjaya.

Since November 2015, the company has also taken over from the government’s monthly operation of paying out pensions to the 700,000 retirees. This was made possible following an amendment made to the Retirement Fund Act 2007 early last year.

However, the funds for such disbursement still come from the government, while KWAP is paid an administration fee.

chinaman

3,309 posts

Posted by chinaman > 2018-09-11 18:59 | Report Abuse

serious reform in civil servants' pensioners are required before this time bomb explode one day

stockraider

31,556 posts

Posted by stockraider > 2018-09-11 19:01 | Report Abuse

Yes...u can start ....to look at....the unpopular govt remuneration cost.....but be prepare to lose this 1.6 million vote bank loh...!!

Need to becareful loh.....!!

Posted by EngineeringProfit > 2018-09-11 19:04 | Report Abuse

......another bad move......besides stopping cash handouts


Not everything needs stopping and to be reformed


Here......just refine.....some fine tuning will be great

stockraider

31,556 posts

Posted by stockraider > 2018-09-11 19:07 | Report Abuse

What rubbish....handout leh ???

Get....them to do something....productive b4....giving unproductive handout like brim for nothing loh....!!

Maybe...like weekend....go clean up the beach or city street ....b4 entitle the brim mah....!!

chinaman

3,309 posts

Posted by chinaman > 2018-09-11 19:09 | Report Abuse

if new malaysia reluctant to bite this bullet due to concern on 1.6million civil servants' backlash...read below huge implication...
EU PENSION fund for Euro MPs is almost bankrupt and will have to be bailed out by taxpayers, it has been revealed. Germany's biggest newspaper Bild reported it has seen paperwork indicating a shortfall of millions of euros which means the pension fund will collapse by 2026 at the latest.

It cited an internal opinion of the Secretary-General of the European Parliament, Klaus Welle, for the Committee on Budgetary Regulation.

The endangered fund closed to new members in 2009 and, by the end of 2016, held assets worth €146.4 million.

But by then the fund's liabilities - the outstanding pension entitlements of the lawmakers - already stood at a staggering €472.6 million.

Posted by EngineeringProfit > 2018-09-11 19:11 | Report Abuse

No harm to top up those needy.....stricting deserving and worthy ones only


smamny.......overwokrked.....till no family time.....

......7 days week......12 hours shift.....

Posted by EngineeringProfit > 2018-09-11 19:12 | Report Abuse

Some refinement is of paramount importance. ......no doubt

stockraider

31,556 posts

Posted by stockraider > 2018-09-11 19:13 | Report Abuse

Correctloh...like greece govt servant....the taiko govt very protective of them loh....but no choice mah....financial crisis.....the greece govt bankrupt no choice....to bite the bullet loh....!!

chinaman

3,309 posts

Posted by chinaman > 2018-09-11 19:16 | Report Abuse

Greece is different from us. it got grandfather rich germany to bail them out. Malaysia if bankcrupt, who is our grandpa? wakaka

stockraider

31,556 posts

Posted by stockraider > 2018-09-11 19:20 | Report Abuse

actually germany did not treat the greek....like sayang sayang....ampu...ampu loh....they are given very bitter medicine...just like IMF loh.....!!

Furthermore...greek cannot devalue their euro loh.....!!

Msia better position....can be more flexible....can borrow imf or impose exchange control or can devalue the ringgit further loh.....!!

Posted by EngineeringProfit > 2018-09-11 19:22 | Report Abuse

We got Lee Kwan Yew's legacy......Singapore

....hehe


(under the right gomen.............who knows........rebound and
............ soon RM would have same value as Aussie....hehe)



yes....we are differwnt.......rich in natural resources (poor in human re.....)

stockraider

31,556 posts

Posted by stockraider > 2018-09-11 19:27 | Report Abuse

U think msia can like spore meh ???

Just forest city....kacau already loh.....!!

Posted by EngineeringProfit > Sep 11, 2018 07:22 PM | Report Abuse

We got Lee Kwan Yew's legacy......Singapore

....hehe


(under the right gomen.............who knows........rebound and
............ soon RM would have same value as Aussie....hehe)



yes....we are differwnt.......rich in natural resources (poor in human re.....)

Posted by EngineeringProfit > 2018-09-11 19:28 | Report Abuse

an excellent leader can turn every challenge into opportunity...


.......Forest City to be the second Singapore


haha

Posted by EngineeringProfit > 2018-09-11 19:30 | Report Abuse

(similarly....an excellent trader can make profit in any market......bull....or bear........recession or boom(

stockraider

31,556 posts

Posted by stockraider > 2018-09-11 19:33 | Report Abuse

When it heavy rain outside...u buka pasar stall...ur business sure no good mah..!!

Posted by EngineeringProfit > Sep 11, 2018 07:30 PM | Report Abuse

(similarly....an excellent trader can make profit in any market......bull....or bear........recession or boom(

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