Consumerist: My Take – 10th December 2014 – Malaysia Not Ready For GST! Shelf It!

Dato Jacob George

‘Basically, I am not worried about the gravy train followers, those politically connected to the powers that be, those leading bourgeoisie lifestyles – ‘kehidupan glamour’ – you know who you are – I am worried more so now of the low- and middle-income earners who will lose a higher percentage of their income to pay for the GST compared with high-income earners!’ – Dato Dr Jacob George

Consumerist: My Take – 10th December 2014 – Malaysia Not Ready For GST! Shelf It!

Looking at the present Malaysian scenario, I humbly believe Prime Minister Najib Tun Razak’s argument that Malaysia should implement the Goods and Services Tax (GST) because other counties already have is not right!

May I point out that the UN conference on Trade and Development Report 2012 had revealed in its report that the GST was more regressive in developing and transition economies than in developed counties.

Basically, I am not worried about the gravy train followers, those politically connected to the powers that be, those leading bourgeoisie lifestyles – ‘kehidupan glamour’ – you know who you are – I am worried more so now of the low- and middle-income earners who will lose a higher percentage of their income to pay for the GST compared with high-income earners!

And hello the transformation ‘gurus and their mantras’ – that listed out countries such as Rwanda, Zimbabwe and Cambodia to justify GST in Malaysia is also completely unsuitable because those nations do not have a good income tax system in place and their production is low.

The fact remains that Malaysia’s operating Budget is like a runaway train and is unstoppable.

Year in year out the administrative expenses is going up by at least 10%.

How much can GST help the Malaysian administration fill up the coffer and at tail end of the day it will still be unable to stop this runaway train unless the government is dead serious is converting the civil service pension to EPF contribution and curtailed on the increase in manpower intake into the civil service/public sector workforce.

And we know that will never happen based on the conversation going on Malaysian Airlines despite massive losses and an embarrassment to the history of aviation and administration let alone of inflated contracts that cannot be challenged?

Coming back to the civil service – we are probably one of the top nation in the world today with the highest number of civil service workforce against our total national population headcount.

We have yet to make or create jobs in the private and commercial sector by making our tax rate amongst the most competitive in the region or in Asia and the business environment more open, zero corruption and less bureaucratic!

True – the GST may bring in an additional RM7.0 billion but the increase in the budget spending had gone up 3 fold of the additional income to be generated.

Can someone tell me how can we balance?

Instead of a high income nation (by the way what is that? Whose mantra?) we will be a pauper nation with all these silly systems and conventions in place by 2020?

                           

 

Consumerist: Are We Doing Enough On War Against Corruption?

Dato Jacob George

‘Is it time to set up an independent NGO based Select Committee with Enforcements and legislative powers as check and balance for a more comprehensive response to this scourge that hits many countries?’ – Dato Dr Jacob George

Consumerist: Are We Doing Enough On War Against Corruption?

Yes, there is a report that Malaysia has been ranked as one of the most corrupt nation and listed as a country which is most likely to take shortcuts to meet targets when economic times are tough, according to a recent survey by Ernst & Young, signaling that the government’s Performance Management and Delivery Unit (Pemandu) has failed in its role to transform the economy.

The report also indicates that Malaysia, along with China, has the highest levels of bribery and corruption anywhere in the world, according to the latest report, Asia-Pacific Fraud Survey Report Series 2013.

Last year’s survey polled 681 executives in China, Singapore, Australia, New Zealand, Indonesia, Vietnam, Malaysia and South Korea.

About half of the 681 executives polled on their perception of fraud felt that China, Indonesia, Malaysia and Vietnam were the worst in bribery and corruption.

Has things changed drastically in 2014?

Is it time to set up an independent NGO based Select Committee with Enforcements and legislative powers as check and balance for a more comprehensive response to this scourge that hits many countries?

                           

Consumerist: A Day Of Shame In Malaysia!

Dato Jacob George

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A huge group of idiots brought Malaysia to new depths of embarrassment when they attacked Vietnamese supporters during a football match at the Shah Alam stadium which Malaysia lost!

So far there has been no official announcement of apologies – another first for bad diplomacy!

How did we Malaysians get here?

Has the encouraging of the burning of flags, posters, effigies, cow head demonstrations, thugs at courts, at state assemblies brought thus great a breeding of unadulterated hatred?

Where do we from here or are we now completely gone insane?

                           

Consumerist: Is MH370 Wreckage Off Aceh, Sumatra?

Dato Jacob George

Consumerist: Is MH370 Wreckage Off Aceh, Sumatra?

It has been months and I am absolutely pissed off with all those official zigzag versions of what actually happened!

I am also pissed off with the conspiracy theories.

Without going into the various theories let me answer the major question on everyone’s lips?

Where is what was once MH370?

I must fully agree with my learned friend Michael who has been with me on this journey and I fully concur with his views on this!

Here it is.

Forget the Inmarsat pings.

Look at the map above.

Look where the plane was heading between 18.28pm & 18.40pm.

Now look at the above image of my debris.

It’s a perfect match.

So now look at the data report.

At 18.26pm the plane registered a sudden deceleration in speed.

At 18.27pm was a swerve.

At 18.28pm was a sudden acceleration in speed.

Which again all fit the debris chart.

In the middle of all this the SDU rebooted.

Now as far as I am aware only 1 engine needs to power the electronics.

So on my images the 1st component appears to be an engine.

Which explains the sudden shut down then comes a short delay until power switched to the opposite engine followed by a reboot of the systems.

After this at 18.35pm came the 1st unanswered sat phone call.

Then all we had was the handshakes. They searched the area of the 18.28pm- 18.40pm heading so must have had a suspicion it was there.

However they found nothing. The reason for this is that they were looking in the wrong place.

                           

Consumerist: Malaysian Industry Approvals – We Are Still Not Listening!

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‘As a result, I am certain foreign industry may soon decide to go where there is ample labor supply, policy alignment with no institutionalized road blocks as in the end, it is not just great infrastructure, public relations and a English speaking populace that are real needs and essentials to consider when one is dealing in the billions?

Time is money and delays costs industry losses – if our civil servants have difficulty understanding this because of the protection and insulation of their jobs – it is time to reeducate ourselves on the expectation of the emerging markets and the new world of industrialization!’ – Datuk Dr Jacob George

Consumerist: Malaysian Industry Approvals – We Are Still Not Listening!

Yes I have heard the many promises and conversations on speedy approvals, fast track, no road blocks when our politicians speak to global industry captains when asking them to come to Malaysia to invest set up industry making Malaysia an industrial happening hub in the region!

But the reality post arrival is one of frustrations with operational needs not been fulfilled and massive road blocks, little Napoleons and others – even pencil pushing front desk operators behaving like they are the masters of a multi-billion ringgit industry planted in Malaysia!

The resulting delays in approvals halts operations which results in political and industry predators moving in to provide a service and at a cost to ease these road block inexplicably created by very powerful and connected players – the untouchables in Malaysia for decades!

We forget that we are attractively located with many strengths – a progressive and very stable government, ability in the English language, first world transportation systems and the only weakness being our local population seem to shy away from jobs instead preferring fast food chains and others.

Even the government’s recent goodie the minimum wage and other benefits introduced seemed to not make a difference sadly!

Resulting in a massive dependence on foreign workers and when that supply needed to operate is riddled with all forms, shapes, and versions of caveats, zigzag policies and other actions that delays progress it means millions are lost in revenue for the industry players!

Those who are on a monthly salary with pensions and benefits of no retrenchment or sacking have difficulty understanding this corporate world truly and any attempt to make them understand will fail too from what I know from my experience.

We have a few good men and women who are an exception but it is not enough.

There is no alignment between authorities with each showing teeth rather than to facilitate progress forward.

As far as investments and industry is concerned I know China is really worried about both Malaysia and Vietnam!

But if we continue on this road of double speak, delays, zigzag and negative engagement – we shoot ourselves in the head!

As a result, I am certain foreign industry may soon decide to go where there is ample labor supply, policy alignment with no institutionalized road blocks as in the end it is not just great infrastructure and a English speaking populace that are real needs and essentials to consider when one is dealing in the billions?

Time is money and delays costs industry losses – if our civil servants have difficulty understanding this because of the protection and insulation of their jobs – it is time to reeducate ourselves on the expectation of the emerging markets and the new world of industrialization!