Malaysia sacrifices talent to keep one race on top, said Lee Kuan Yew of Singapore

SINGAPORE - Straits Times Press, the book publishing unit of Singapore Press Holdings (SPH), announced in  Jul 29, 2013 the launch of Mr Lee Kuan Yew's new book

Malaysia is prepared to lose its talent through its race-based policies in order to maintain the dominance of one race, said Lee Kuan Yew in his new book which was launched August 6, 2013 in Singapore.

And although Malaysia has acknowledged the fact that they are losing these talents and is making an attempt to lure Malaysians back from overseas, such efforts may be too little too late, he said.

"This is putting the country at a disadvantage. It is voluntarily shrinking the talent pool needed to build the kind of society that makes use of talent from all races.

"They are prepared to lose that talent in order to maintain the dominance of one race," he said in the 400-page book called "One Man's View of the World" (pic).

It features conversations between Lee and his long-time admirer, Helmut Schmidt, former leader of West Germany. They discussed world affairs when Schmidt visited Singapore last year.

In the book, Lee pointed out that Malaysia is losing ground and  giving other countries a head start in the external competition.

About 400,000 of some one million Malaysians overseas are in Singapore, according to the World Bank.

When announcing the five-year plan for Malaysia, Prime Minister Datuk Seri Najib Razak said in Parliament in 2011, the government would set up a talent corporation to lure some 700,000 Malaysians working abroad back to the country.

But in his book, Lee said the demographic changes in Malaysia will lead to a further entrenchment of Malay privileges.

He noted that in the last 10 years, since the enactment of the New Economic Policy, the proportion of Malaysian Chinese and Indians of the total population has fallen dramatically.

"The Chinese made up 35.6 percent of the population in 1970. They were down to 24.6 percent at the last census in 2010. Over that same period, the Indian numbers fell from 10.8 percent to 7.3 percent," he said.

He added, "40 percent of our migrants are from Malaysia.

"Those with the means to do so leave for countries farther afield. In the early days, Taiwan was a popular destination among the Chinese-educated.

"In recent years, Malaysian Chinese and Indians have been settling in Europe, America and Australia. Some have done very well for themselves, such as Penny Wong, Australia’s current finance minister.

"Among those who have chosen to remain in Malaysia, some lack the means to leave and others are making a good living through business despite the discriminatory policies. Many in this latter class partner with Malays who have connections."

World Bank data for 2012 showed that the island republic has raced ahead of its neighbour, with gross domestic product per capita of US$51,709 compared with Malaysia’s US$10,381.

Najib had said Malaysia is set to become a high income developed nation as early as 2018, two years earlier than the targeted 2020.

Lee said in his book the separation of Singapore and Malaysia in 1965 marked "the end of a different vision in Malaysia on the race issue".

He added, "Much of what has been achieved in Singapore could have been replicated throughout Malaysia. Both countries would have been better off."

Sources: The Malaysian Insider

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Racist Malay groups boycott Chinese businesses will be self-defeating

 The call by pro-Umno bloggers and Muslim groups for a boycott of Chinese businesses is racist and will harm the country’s economic growth, according to businessmen from the community - The Malaysian Insider

PETALING JAYA: Boycotting products made by Malaysians, regardless of their race, is self-defeating, said a local business group.

Small and Medium Industries Association president Teh Kee Sin said the workforce of these companies are made up of all races and so are their shareholders.

If Malaysians started boycotting these products, it would also affect their export potential and both local businesses and consumers would lose, he said.

“Boycott doesn’t make sense as it would hamper the chances for Malaysian businesses to compete at a global level.

“The current business market is very competitive thus local businesses should complement each other to make our products more competitive,” he said when contacted yesterday.

Teh was commenting on calls by certain non-governmental organisations for the Malays to boycott Chinese traders and their products.

Prior to that there was a campaign in social media forum urging the Chinese to boycott certain products produced by a Malay company.

Teh said that the biggest losers as a result of such boycott were not just the consumers and the producers, but also the workers of the companies due to the spill-over effect.

The chain reaction from such boycott would also affect the suppliers, distributers, traders and shopkeepers.

Teh explained local businesses should instead prepare themselves for the Asean Economic Community initiative.

“The initiative presents a lot of opportunities provided we are ready.

“If we are not ready and squabble among ourselves, then we stand to lose,” he said.

He said one of the benefits of the AEC was less red-tape in starting businesses overseas.

“For example, one can set up a company in Malaysia and run a business in Thailand.

“In short less bureaucratic procedures in doing business,” he said adding that the competitiveness level would surely increase.

Teh urged groups calling for boycotts to cease immediately as it would only lead to huge losses for the nation.

“We should focus on working together rather than against each other,” he said.

By FARIK ZOLKEPLI farik@thestar.com.my

Mustapa against call to boycott products of Chinese firms

By NICHOLAS CHENG and P. ARUNA
newsdesk@thestar.com.my

PETALING JAYA: International Trade and Industry Minister Datuk Seri Mustapa Mohamed sa

“I can understand why some of my Malay friends have reacted in such a manner. However, as the dust is settling down and as we lead our normal lives once again, I am confident that the spirit of 1Malaysia will return,” he said through SMS yesterday.

He was commenting on reports that some groups had called for Malay consumers to boycott products by certain Chinese companies, which they alleged had funded Pakatan Rakyat’s campaign during the general election.

The products involved in the call for boycott include several brands of cooking oil, tonic drink, food outlets and bread.

It appears to be a retaliation against an earlier boycott called by Chinese groups against a brand of wheat flour and bread produced by a Malay company.

Muslim Wholesalers and Retailers Association (Mawar) president Amanullah Mohd Maideen said the boycott would be a double-edged sword and advised its 700 members to stay clear of politics.

“If it continues, the affected businesses will lose customers, but the groups which boycott them will also lose public support,” said Amanul-lah.

Domestic Trade, Co-operatives and Consumerism Minister Datuk Hasan Malek said the ministry also did not approve of the call to boycott Malaysian Chinese shops and companies.

Selangor Indian Chamber of Commerce and Industry president P. Muguntha said the call to boycott the products was pointless.

“Malaysian consumers are more intelligent than that. I don’t think anyone will listen to this call for boycott,” he said.

Malaysian Institute of Economic Research (MIER) executive director Dr Zakariah Abdul Rashid said it is counterproductive to segregate the market based on political affiliation.

Commnent: Unless steps were taken to strongly “discourage” the instigators of the boycott, investors still wary over the “politicisation of businesses” may choose to explore opportunities elsewhere and this would affect Malaysia’s foreign direct investment (FDI)
  
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