Posted by EngineeringProfit > 2024-02-27 21:44 | Report Abuse

TQ Tiong for sacking the lousy DG. Now, the next one will know what to do. Cheers for more tourist pouring into Genting soon


EngineeringProfit

16,145 posts

Posted by EngineeringProfit > 0 seconds ago | Report Abuse

Who's next? Economy DG?

Posted by EngineeringProfit > 2024-02-28 13:49 | Report Abuse

Unchecked, they will only shamelessly committed to all kinds of zahillyyah practices under the logo of hlal and shriah

Posted by EngineeringProfit > 2024-02-28 17:11 | Report Abuse

Posted by icecool > 6 minutes ago | Report Abuse

everything is expensive now if you cant afford just eat grass


EngineeringProfit

16,168 posts

Posted by EngineeringProfit > 0 seconds ago | Report Abuse

What do you expect after letting musang jaga reban ayam for over 6 decades? Compared to the right leaders in Singapore, many are still deluded with their unscrupulous leaders who practise all the bad practices of zahillyyah era, under the unquestionable hlal and shriah banners

Posted by EngineeringProfit > 2024-03-01 05:54 | Report Abuse

National service is back next year so that rm will continue to be printed and continue to slide down. Rm10 = 1 SGD soon

Posted by EngineeringProfit > 2024-03-02 09:53 | Report Abuse

Super rich multipension-packed Wahid, the former minister in the Prime Minister’s Department in charge of economic planning, shamelessly announces that recent years only one out of 97 public listed companies is bumi. Sleeping on the job...doing nothing when in office.....harap pagar pagar makan padi....gaji buta always. Lord palatine would say he & all the them are merely lazy

Posted by EngineeringProfit > 2024-03-02 19:28 | Report Abuse

Clearly, madani gomen BITE THE HAND THAT FEEDS them with vote

Posted by EngineeringProfit > 2024-03-03 08:25 | Report Abuse

Bumi congress season is always followed by billion ringgit printing time. Expect unbearable inflation for those below T20, except those who got durian runtuh - free millions to spend

Posted by EngineeringProfit > 2024-03-03 09:42 | Report Abuse

What other attributes do these majority people in West Malsia possess apart from engaging in currency printing, price inflation, contributing to high living costs, seeking additional aid (often after obtaining dubious PhDs from diploma mills), and embracing a mentality of expecting constant support from the country, regardless of circumstances?

Posted by EngineeringProfit > 2024-03-04 20:49 | Report Abuse

Blog: Malaysian graduates are overqualified and underpaid, Khazanah Research Institute report reveals

EngineeringProfit True. These so called grads from paper mills lack of attitude of yesteryears (pre-mushrooming of zahillyah's paper mills era)

Posted by EngineeringProfit > 2024-03-06 12:43 | Report Abuse

When musangs are assigned to jaga reban, this is the end results: The staggering losses incurred by Felda in 2022, amounting to RM1 billion, nearly double the losses from the previous year, highlight the consequences of entrusting unworthy individuals with leadership roles. The auditor-general's report sheds light on the mismanagement and poor decision-making that have plagued Felda, ultimately leading to dire financial outcomes.

Firstly, the significant increase in losses reflects a systemic failure within the organization's leadership structure. When individuals lacking the necessary expertise and integrity are placed in positions of power, they may make misguided decisions that jeopardize the financial health and stability of the institution. This lack of competent leadership fosters an environment ripe for mismanagement and financial missteps.

Secondly, the mounting debt owed to external institutions underscores the repercussions of allowing individuals unfit for their roles to oversee crucial financial matters. Incompetent leadership can result in reckless spending, unsustainable borrowing practices, and failure to implement effective debt management strategies. As a result, Felda finds itself burdened with substantial debt obligations, further exacerbating its financial woes and hindering its ability to operate efficiently.

Furthermore, the slight decrease in debt owed from the previous year offers little consolation in the face of continued financial mismanagement. While the reduction may signal attempts to address the issue, it falls short of addressing the root causes of Felda's financial distress. Without fundamental reforms and competent leadership at the helm, the organization remains vulnerable to further losses and indebtedness in the future.

In conclusion, the alarming losses and debt accumulation experienced by Felda in 2022 underscore the dire consequences of entrusting unworthy individuals with leadership responsibilities. To safeguard the financial stability and prosperity of institutions like Felda, it is imperative to appoint qualified and ethical leaders who possess the expertise and integrity necessary to make sound decisions and steer the organization towards success. Failure to do so only perpetuates a cycle of mismanagement, losses, and indebtedness, ultimately compromising the institution's ability to fulfill its mandate and serve its stakeholders effectively.

Posted by EngineeringProfit > 2024-03-08 18:42 | Report Abuse

With AI-facilitated innovative ideas, yesterday's new/powerhouse is today's old/junk. Today's Nvidia will be tomorrow's Nokia! Mark my word

Posted by PureBULL ... > 28 minutes ago | Report Abuse

biz n or speculation is as old as the hills,
as the world # 1 stock guru Livermore told the entire fin world.

there is nothing new in biz,
only that innovation by high

TECH is robbing the old ways of doing biz n the products.

if a tech stock is REAL, then it must fly high continuously.,.
WHY? it's the # 1 winner.
n it takes long time for another competitor to fight n win.,.

Posted by EngineeringProfit > 2024-03-12 22:09 | Report Abuse

Posted by speakup > 14 minutes ago | Report Abuse

https://www.thestar.com.my/news/nation/2024/03/12/alcohol-handling-restriction-on-airlines-a-short-sighted-move-says-mca

MCA is the new DAP
DAP is the new MCA
Welcome to Malaysia Baru

Posted by EngineeringProfit > 2024-03-12 22:13 | Report Abuse

Boycotts are powerful expressions of consumer dissatisfaction, often motivated by perceived injustices or ethical conflicts. In the case of airlines, decisions not to serve alcohol can spark controversy and lead to boycotts for various reasons. Understanding the potential motivations behind such boycotts requires delving into the dynamics of consumer behavior, airline industry practices, and broader societal attitudes towards alcohol consumption.

At the heart of the matter lies the issue of customer preferences and expectations. For many passengers, the availability of alcohol during flights is not merely a luxury but an integral part of the flying experience. Whether for relaxation, celebration, or simply to enhance the enjoyment of their journey, some passengers have come to expect access to alcoholic beverages as a standard amenity. When airlines choose to deviate from this norm by discontinuing alcohol service, it can provoke frustration and disappointment among consumers who feel that their needs and desires are being disregarded.

Moreover, the decision not to serve alcohol may be perceived as restrictive or paternalistic, encroaching upon passengers' freedom of choice. In an era where personalized experiences and individual autonomy are highly valued, any perceived infringement upon these principles can evoke a strong negative response. Customers may view the airline's policy as an attempt to impose moral or health-related judgments upon them, leading to feelings of resentment and a desire to push back against such perceived intrusions into their personal freedoms.

Furthermore, the absence of alcohol service may have practical implications for certain passengers, particularly those traveling for business or leisure purposes. For some individuals, the ability to enjoy a glass of wine or a cocktail during a flight may serve as a means of relaxation or stress relief, helping to alleviate the discomfort or anxiety associated with air travel. Without this option, passengers may feel less inclined to choose a particular airline, especially if they perceive the absence of alcohol as diminishing the overall quality of their travel experience.

Additionally, the decision not to serve alcohol may be interpreted as a reflection of broader cultural or religious biases that prioritize abstinence over individual choice. In multicultural societies, where attitudes towards alcohol consumption vary widely, such policies can be seen as favoring certain demographic groups while marginalizing others. Customers who feel that their cultural or religious beliefs are being disregarded or disrespected by the airline may choose to express their discontent through boycotts as a means of asserting their identities and values.

Furthermore, the perception of inconsistency or hypocrisy on the part of the airline can exacerbate consumer grievances and fuel calls for boycotts. If the decision not to serve alcohol is perceived as arbitrary or contradictory in light of other policies or practices adopted by the airline, customers may question the sincerity or legitimacy of the company's motives. For example, if the airline promotes itself as a provider of premium services and amenities but fails to offer alcohol as part of this package, customers may feel misled or deceived, prompting them to seek alternatives that better align with their expectations.

In conclusion, the decision not to serve alcohol can provoke customer boycotts for a variety of reasons, ranging from concerns about personal autonomy and freedom of choice to perceptions of cultural insensitivity or inconsistency on the part of the airline. By understanding the motivations behind such boycotts, airlines can better anticipate and address the concerns of their passengers, thereby mitigating the risk of reputational damage and loss of business associated with controversial policy decisions. Ultimately, the key to avoiding boycotts lies in fostering open communication, respecting diverse perspectives, and prioritizing customer satisfaction above all else.

Posted by EngineeringProfit > 2024-03-16 11:34 | Report Abuse

Posted by Goldberg > 29 minutes ago | Report Abuse

Farhash’s inroads into Heitech Padu: Is ditching crony capitalism a bridge too far for unity gov’t?
Author: savemalaysia | Publish date: Sat, 16 Mar 2024, 10:01 AM

ONE can be forgiven for thinking that there’s no difference between the current unity government and the previous regimes it used to criticise, especially on matters related to cronyism.

The latest news about politically-connected Datuk Wira Farhash Wafa Salvador Rizal Mubarak (main image) emerging as a substantial shareholder of Heitech Padu Bhd has only strengthened such perception among the public.

The 41-year-old Farhash was a former political secretary to Prime Minister Datuk Seri Anwar Ibrahim. His acquisition of 15.9% stake or 16.1 million shares in the Bumiputera-owned tech-based outfit has raised many questions.

For one, the announcement came four days after the company disclosed to Bursa Malaysia that it had secured a contract extension worth RM13.11 mil for the provision of maintenance services to the Malaysian Immigration System (MyIMMs).

The extension comes as the government seeks to finalise its selection process for the development of the national integrated immigration system (NIISe) to replace MyIMMs.

The Edge recently reported that HeiTech is among three companies shortlisted by the government to develop the NIISe project which is said to be worth over RM1 bil.

While it’s true that Farhash has officially left politics for the corporate world, those with intimate knowledge of PKR know that he Is still very much part of Anwar’s inner circle. And how did he acquire a stake in Heitech which based on yesterday’s (March 15) closing price is valued over RM42 mil.

Booming corporate interest

Farhash has always been seen as a political operative, not a corporate mover and shaker. But since his supposed exit from politics, the former PKR Perak chairman seems to be picking up plush corporate jobs that even seasoned investors and businessmen could only dream of.

In January 2023, he was made chairman of 7-Eleven Malaysia Holdings Bhd which runs the popular convenience store chain by the same name. The company has a market capitalisation of RM2.2 bil.

7-Eleven Malaysia is linked to tycoon Tan Sri Vincent Tan Chee Yioun whose conglomerate is in diverse businesses which could do with good political connections.

In December 2022 - weeks after Anwar was sworn in as PM - Farhash was made chairman of Apex Equity Holdings Bhd, a stockbroking firm. Farhash is also chairman of a fintech company, Excel Force MSC Bhd since May 2023. Both are public listed companies.

Were these appointments made at the behest of political masters? Is Farhash who had previously been detained over a sex video involving a former minister, a proxy for shadowy figures in Putrajaya?

What was the basis for appointing Farhash who holds a Master of Science (MSc) in Finance from a UK University but little track record to speak of in Malaysia’s corporate big league?

Given his affinity to Anwar who’s not taking any salaries, the PM-cum-Finance Minister needs to come clean over Farhash’s corporate roles.

He can’t just draw the line in the sand by saying that Farhash is no longer his political aide and that the appointments were made by shareholders. Many of these companies are politically-linked or stand to gain lucrative jobs from the government.

The way Farhash is catapulted to key positions in these companies has only reinforced the political-corporate nexus that has led to corruption and leakages exemplified by the 61 years of Barisan Nasional (BN) misrule.

Anwar needs to show that the unity government is walking the talk in standing against corruption and cronyism.

Right now - like so many other areas of reforms he had pledged in the past - Anwar seems not to be walking away from crony-capitalism but running towards that direction. And for that, he may have to pay dearly come the next general election. - March 16, 2024



https://focusmalaysia.my/farhashs-inroads-into-heitech-padu-is-ditching-crony-capitalism-a-bridge-too-far-for-unity-govt/


EngineeringProfit

16,766 posts

Posted by EngineeringProfit > 0 seconds ago | Report Abuse

Rakyat bagai keluar dari mulut harimau, masuk mulut buaya. Out of mamaktir's cronyism, enter pack of hungry wolves under pmx's $arnibalism

Posted by EngineeringProfit > 2024-03-21 08:49 | Report Abuse

Moral policing often requires significant financial resources to maintain personnel, infrastructure, and operations. These funds could be redirected towards more critical areas such as healthcare, education, or social welfare programs that have a tangible and positive impact on society.

Posted by EngineeringProfit > 2024-03-21 08:50 | Report Abuse

Moral policing initiatives may not always be effective in achieving their intended goals. The focus on regulating moral behavior can lead to overreach, excessive surveillance, and infringement on individual freedoms, without necessarily addressing the root causes of social issues- which often fundamentally related to economic hardship.

Posted by EngineeringProfit > 2024-03-21 08:51 | Report Abuse

The funds spent on moral policing could be used to invest in preventive measures and social interventions that address the underlying factors contributing to moral dilemmas, such as poverty, inequality, lack of education, and mental health issues.

Posted by EngineeringProfit > 2024-03-21 08:51 | Report Abuse

Moral policing can raise legal and ethical concerns, particularly regarding privacy rights, freedom of expression, and discrimination. The costs associated with potential lawsuits, legal challenges, and public backlash can further strain public finances- for example, if businesses are involved

Posted by EngineeringProfit > 2024-03-21 08:51 | Report Abuse

Heavy-handed moral policing can stigmatize certain groups or behaviors, leading to social division, alienation, and resentment. This can exacerbate social tensions and hinder efforts to build inclusive and cohesive communities.

Posted by EngineeringProfit > 2024-03-21 08:52 | Report Abuse

Instead of addressing the underlying causes of moral issues, moral policing often focuses on surface-level behaviors. This approach may fail to address systemic issues and may even contribute to the perpetuation of social problems

Posted by EngineeringProfit > 2024-03-21 08:52 | Report Abuse

What the public is paying for?

Excessive moral policing can erode public trust in law enforcement and government institutions. When public funds are perceived to be misused or misallocated, it can lead to skepticism, cynicism, and decreased cooperation from the public.

Posted by EngineeringProfit > 2024-03-21 08:53 | Report Abuse

Alternatives? Better governance - responsible public fund allocation?

Investing in community-based initiatives, education, mental health services, and social support networks can be more effective in promoting positive behavior change and addressing moral challenges within society.

Posted by EngineeringProfit > 2024-03-27 13:41 | Report Abuse

Posted by DickyMe > 4 minutes ago | Report Abuse

Real problem to economy is caused by real estate industry - property markets contribute huge problem with their exorbitant land, rental or house prices. It is important for government to curb speculation by imposing minimum 15 years holding and property gain tax of 75%. Stamp duty and legal fees of 50% for properties worth RM300K and above. 30% tax on rental gains.
Poor transportation services to move people around on time and easily. Government should break the monopoly and open it up for competition.
GOVERNMENT must not involve in businesses.
There are tons of to dos but they are not willing to do it.

Posted by EngineeringProfit > 2024-04-13 10:37 | Report Abuse

PerMAiDANI gomen has failed to learn from Jack Ma. Listen to what he says: Don't go after the M48 middle class - millionaires or not, they deserve the life that they have rightfully earned. It's the Top 2% billionaires who have sinfully sapu the public $$$$$$ supposedly meant for the B50 And these 2% hold 98% of the poor's money. Solution is simple. No brainer really

Posted by EngineeringProfit > 2024-04-18 11:52 | Report Abuse

Stop dreaming. Rich ppl are in absolute control of the gomen. Guess who hold all the gold in msia- the T20 or B40? (Forget about the M40- they are struggling with debt now)

Posted by Income > 7 minutes ago | Report Abuse

Tax gold bcos Rm going down to Rm 5 for 1 USD，
If no tax Gld more ＆more people abandon Rm，See this scene?

Posted by EngineeringProfit > 2024-04-18 19:54 | Report Abuse

Nevertheless, it's no brainer that increasing fuel price, inflation will make all the poor poorer and the M40 have no savings for old age; while taxing the gold will affect only the rich and affluent

Posted by EngineeringProfit > 2024-04-19 08:13 | Report Abuse

In desperate time like now, these are not issue of berani but necessity

Posted by DickyMe > 17 hours ago | Report Abuse

Instead of cutting subsidy, cut the civil service employees by 70% and limit pension for politicians for one term only and revoke monopoly of transportation and other goods and services. Ada berani?

Posted by EngineeringProfit > 2024-04-19 09:31 | Report Abuse

This is another no brainer- yes! Even ten folds they will be willing to pay in order to show their status. And yes, they can afford

Posted by LossAversion > 17 minutes ago | Report Abuse

Luxury cars have been "drinking" subsidised petrol for years. Should have cut these out first, or should have imposed triple road tax years ago!!!

Posted by EngineeringProfit > 2024-04-19 10:00 | Report Abuse

This is another no brainer. Yes, obviously different personalities are cut for different fields. Gomen ppl mindset is incompactible with biz world

Posted by chinaman > 19 seconds ago | Report Abuse

Gomen has no biz in biz ...many loss making biz should privatised...billions tax payer money pump in....recently enter makan biz... Strategic assets ? Bullshit...why fight with citizens in biz?

Posted by EngineeringProfit > 2024-04-20 09:08 | Report Abuse

Pas policy is clear. Better modeling poor theocratic Afghan then rich pluralistic Singapore. Better corrupt mm leaders then truly capable nons' to take charge of all the key areas for nation building. Their supporters will only wake up when RM10 gets 1sgd

Posted by Income > 2 hours ago | Report Abuse

Pas inside gov , slowly u convert laaaa


Posted by Change_ > Apr 20, 2024 2:55 AM | Report Abuse

GE16 we change government better.

Posted by EngineeringProfit > 2024-04-21 12:47 | Report Abuse

The journey from universal subsidies to targeted subsidies, and eventually to no subsidies at all, reflects a troubling trajectory shaped by the government's inability to stem the tide of illegal smuggling facilitated by profit-driven syndicates with ties to untouchable VVIPs and enforcement agencies.

Posted by EngineeringProfit > 2024-04-22 16:09 | Report Abuse

It's either cut subsidy for rakyat or perk for yb, VIP & VVIPs

How to decide?

Posted by Apple2353 > 41 minutes ago | Report Abuse

all kinds of subsidies are being slowly reduced and eventually kosong and yet he is so eager to engage in debates. Rakyat are suffering but these politicians couldn't care less...because they earn big fat salary

Posted by EngineeringProfit > 2024-04-25 13:24 | Report Abuse

Why bother to spend million to promote tourism when sabotage is ongoing

Posted by EngineeringProfit > 0 seconds ago | Report Abuse

In a dramatic turn of events, Bruce Gilley, a US academic whose controversial remarks at a Universiti Malaya (UM) talk ignited a firestorm, has now spoken out against the Malaysian government and labeled the country as unsafe for travel. Gilley, a renowned professor of political science at Portland State University, cited safety concerns as the primary reason for his departure from Malaysia, attributing these concerns to what he described as an "Islamo-fascist mob whipped up by the government there." His departure comes amidst a backlash stemming from his purported claim that Malaysia was pushing for a "second Holocaust against the Jewish people," a statement that sparked widespread condemnation and raised tensions. Gilley's criticism of the government's handling of the situation adds a new dimension to the already heated debate surrounding freedom of speech and academic discourse in Malaysia. The incident underscores the complex interplay between academic freedom, political sensitivities, and international relations, highlighting the challenges faced by scholars navigating contentious topics in diverse cultural contexts. It also raises questions about the broader implications for intellectual exchange and the perception of Malaysia as a destination for scholarly engagement.

Posted by EngineeringProfit > 2024-04-25 13:24 | Report Abuse

Redirecting millions from M40 subsidies to fund the lavish expenditures of hundreds of YBs, VIPs, and VVIPs seems like a skewed priority, sacrificing the welfare of many for the comfort of a few in power

Posted by EngineeringProfit > 2024-06-08 05:21 | Report Abuse

Malaysia should reduce civil servants, too many!! and you see lately, some teacher go enjoy life flying everywhere for holidays during school time, pathethic. This type of civil servants should be fired and not waste our money


EngineeringProfit

18,076 posts

Posted by EngineeringProfit > 0 seconds ago | Report Abuse

Wrong. The official number has to be divided by 5. For every 1 minister, DG, head of department, toilet cleaner or sweeper, there are 4 other little napoleans baby sitting them.

Given this point, the perception of a 1 to 5 productivity ratio between Malaysian and Singaporean government workers is mainly fueled by kulitocracy selection of impotent people from top down

Posted by EngineeringProfit > 2 months ago | Report Abuse

IF a person make a million, chances are he is both intelligent and well-deserved. But when a person make a billion, he has inadvertently taken the portion meant for the many other people to live a decent life- or in short, they are the culprits accountable for the poverty in the nation

Posted by EngineeringProfit > 1 month ago | Report Abuse

PerMAiDANI gomen has failed to learn from Jack Ma. Listen to what he says: Don't go after the M48 middle class - millionaires or not, they deserve the life that they have rightfully earned. It's the Top 2% billionaires who have sinfully sapu the public $$$$$$ supposedly meant for the B50 And these 2% hold 98% of the poor's money. Solution is simple. No brainer really