Malaysia's dump in a Global Competitiveness Index 2012-2013 to 25thspot from 21st final year is not only simply a disaster of a Prime Minister Dato Seri Najib Tun Razak's Economic Transformation Programme(ETP) though also a disaster in technological readiness, fighting crime as well as building tellurian capital formation.
In Jakarta, a City Mayor has only announced giveaway wifi would be accessible upon main roads as well as highways. As digital comprehension is of vicious significance in a internet continuous world, upon condition that giveaway wifi in open places would yield a much indispensable boost. There is no reason because giveaway wifi in open places can not be done throughout Malaysia, if it can be implemented in Penang, Or is Malaysia going to be at a behind of not only Jakarta though also Indonesia eventually?
Even unfamiliar investors do not feel protected here
Regarding Malaysia's technological readiness, a inform notes 3 areas that need improvement, namely: general internet bandwidth in kilobits per second per user (ranked 83rd), broadband internet subscriptions per 100 race (68th) as well as mobile broadband subscriptions per 100 race (64th). This contributes to a low turn of technological willingness despite a country's concentration upon promoting a use of ICT.
The usual notice of an enlarge in crime negatively impacted Malaysia's ranking with a dump in a rankings associated to crime such as a commercial operation price of crime as well as violence; organized crime; as well as reliability of military services. Clearly a dum! p in cri me index poses many questions about a reliability in a gathering of census data as well as that a final determinant of open safety is not dynamic by census data though in conclusion whether a people feel safe.
The Global Competitiveness Report shows only a general open though even investors as well as general community do not feel as protected as they would like in Malaysia. The time has come for both a Home Ministry as well as a military to stop being in rejection though concentration only upon fighting crime instead of permitting a military to be used as a apparatus to offer a political interests of BN opposite a bona fide opposition PR in Malaysia.
Corruption, red fasten & inexperienced workforce
The Report also identified inefficient government bureaucracy, corruption, an insufficiently prepared workforce, bad work ethics in a work force as well as limiting work regulations as a top five problems faced when you do commercial operation in Malaysia. Unless Malaysia succeeds in interlude a ruinous sell of tellurian bent with inexperienced unfamiliar workers, Malaysia's hopes to escape a middle-income trap as well as join a ranks of high-income economies will remain a siren dream.
Perhaps Malaysia should not only learn from Jakarta, though also China that attracts behind a tellurian bent from USA by profitable them allied salary rates, yield housing accomodation as well as many critical of all opportunities of career advancement. With 2 million Malaysian withdrawal a country given 1957, Talent Corp would not only fail to capture them behind though would see more Malaysians withdrawal unless more incentives can be given.
Lim Guan Eng is a Penang Chief Minister & DAP sec-gen
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Courtesy of Bonology.com Politically Incorrect Buzz & Buzz
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