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<blockquote data-quote="ALBundy" data-source="post: 336211" data-attributes="member: 15"><p>As for me, I'd echo Yamin Vong's writing in his weekly CBT editorial.</p><p> </p><p>What the government needs to do is to liberalise the automotive industry and make M'sia a manufacturing hub. Thailand's industry is big on pick-up trucks, Yamin suggested hybrid or electric cars (if I remember correctly). But there lies the conumdrum the gomen is facing as Proton needs to be protected at all costs. Yup. our policymakers are not stupid, some of them are extremely brilliant but sometimes (if not most of the time) as we know well enough, the best decision is often the unpopular one.</p><p> </p><p>Until, the gomen is ready to let Proton stands on its own two feet, then all policies</p><p>implemented will not address the issue at hand, at least from a macro point of view. </p><p> </p><p>Cheers</p><p> </p><p>p/s As for gomen losing tax revenue, the best case study is Australia. After the protectionist policy was removed in the 70s/80s, the gomen Down Under actually collected more taxes.</p></blockquote><p></p>
[QUOTE="ALBundy, post: 336211, member: 15"] As for me, I'd echo Yamin Vong's writing in his weekly CBT editorial. What the government needs to do is to liberalise the automotive industry and make M'sia a manufacturing hub. Thailand's industry is big on pick-up trucks, Yamin suggested hybrid or electric cars (if I remember correctly). But there lies the conumdrum the gomen is facing as Proton needs to be protected at all costs. Yup. our policymakers are not stupid, some of them are extremely brilliant but sometimes (if not most of the time) as we know well enough, the best decision is often the unpopular one. Until, the gomen is ready to let Proton stands on its own two feet, then all policies implemented will not address the issue at hand, at least from a macro point of view. Cheers p/s As for gomen losing tax revenue, the best case study is Australia. After the protectionist policy was removed in the 70s/80s, the gomen Down Under actually collected more taxes. [/QUOTE]
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