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<blockquote data-quote="ALBundy" data-source="post: 438603" data-attributes="member: 15"><p>Hi Beemer,</p><p> </p><p>We are not here comparing Malaysia to other countries. </p><p> </p><p>We are talking about present Malaysia, and the future of Malaysia with the reduction of subsidies. If we want to make comparison, we should compare Malaysia to countries like South Korea, Taiwan, Hong Kong and our southern neighbour. </p><p> </p><p>What you have just typed is what is normally written in the news paper or said by politicians. Do you know what makes the grass grows greener in Texas? :wink:</p><p> </p><p>Let me give you a specific example of what you have just said. </p><p> </p><p>Let's look at the rubber glove industry. Do you know why they are here when Malaysia do not (1) produce that much rubber and (2) have problems getting rubber tappers and general workers.</p><p> </p><p>It's because of the cheap gas prices. Energy cost is low here compared to Thailand. Now, if gas prices goes up, there is NO more incentive for them to remain in Malaysia. </p><p> </p><p>Do you think they will remain in Malaysia to so call gain a competitive advantage when the easier way out would be to relocate to another country where labour cost is lower and supply of rubber is more consistent? End result, Jobs will be lost. </p><p> </p><p>Now to R&D since you mentioned it. Is there a lot of R&D going on in our universities? Or is our university capable of conducting the necessary R&D work to propel this industry to move forward? R&D is not one of Malaysia's forte. </p><p> </p><p>As to whether the money saved from subsidies will be channelled to folks that really need it or to the relevant sectors, the jury is still out there. We have heard the same when petrol price was increased to RM2.70 by the previous administration. Did the public transport service improve? Did the country send more scholars overseas and build more schools? Did the poor folks get more assistance? </p><p> </p><p>Try taking a taxi and talk to the driver (did that a couple of times last week when my car was in the workshop). Listen to their plight and then we are talking reality rather than economic theories. Theories only work when its put into practise and last checked the government bought 2 submarines and the introducer was paid hundreds of millions. </p><p> </p><p>Now that's a reality check. </p><p> </p><p>Cheers</p><p>Albundy</p></blockquote><p></p>
[QUOTE="ALBundy, post: 438603, member: 15"] Hi Beemer, We are not here comparing Malaysia to other countries. We are talking about present Malaysia, and the future of Malaysia with the reduction of subsidies. If we want to make comparison, we should compare Malaysia to countries like South Korea, Taiwan, Hong Kong and our southern neighbour. What you have just typed is what is normally written in the news paper or said by politicians. Do you know what makes the grass grows greener in Texas? :wink: Let me give you a specific example of what you have just said. Let's look at the rubber glove industry. Do you know why they are here when Malaysia do not (1) produce that much rubber and (2) have problems getting rubber tappers and general workers. It's because of the cheap gas prices. Energy cost is low here compared to Thailand. Now, if gas prices goes up, there is NO more incentive for them to remain in Malaysia. Do you think they will remain in Malaysia to so call gain a competitive advantage when the easier way out would be to relocate to another country where labour cost is lower and supply of rubber is more consistent? End result, Jobs will be lost. Now to R&D since you mentioned it. Is there a lot of R&D going on in our universities? Or is our university capable of conducting the necessary R&D work to propel this industry to move forward? R&D is not one of Malaysia's forte. As to whether the money saved from subsidies will be channelled to folks that really need it or to the relevant sectors, the jury is still out there. We have heard the same when petrol price was increased to RM2.70 by the previous administration. Did the public transport service improve? Did the country send more scholars overseas and build more schools? Did the poor folks get more assistance? Try taking a taxi and talk to the driver (did that a couple of times last week when my car was in the workshop). Listen to their plight and then we are talking reality rather than economic theories. Theories only work when its put into practise and last checked the government bought 2 submarines and the introducer was paid hundreds of millions. Now that's a reality check. Cheers Albundy [/QUOTE]
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