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Many questions lingers on my head regarding the direction of Malaysia, where its heading, economically and politically.. Rumours has it that the next General Election would be held in 2013, and not in 2012, as predicted earlier.

The consensus shows strong undercurrent amongst the opposition parties of possible power shifts in several opposition led states, namely Penang and Kedah, with internal turmoil and party hopping of members. At the same time, there are also tell-tale signs of trouble within the ruling party in several key states, which might jeopardise the power and controlling equilibrium enjoyed by Barisan Nasional. But one things is for sure, should Barisan fail to improve its political report card, major projects such as the Iskandar Region Development and all the various economic corridors may just collapse, and would be beyond repair even by the opposition. No matter how influential the Opposition Leaders may claim to be, these damages may just be unrepairable.

I sincerely do not know what are the end results of these uneasy currents.

Its also not helping that many Scientist have expressed their concerns over the possible astro disaster, said to happen in December 2012. The media are also playing a part in creating the suspense by showcasing programs on Discovery, National Geographic and History Channels, explaining the scientific facts and evidence of this possible catastrophe, such as the Mayan Calendar, theories of inter-planetary collision of Nibiru and Earth. We also suffered an extraordinary solar outburst which happened in mid January 2012, which resulted to major disturbances in telecommunications and power grids around the world. It is said the Solar Outburst was the biggest in 6 years, for which, it last happened in 2005. Probably there are some truth to such predictions, with the erratic weather conditions we’re facing nowadays. Not to mention the strange ‘non-being’ voices and noises heard in various parts of the world, including Malaysia.

Whether or not such astro related catastrophe will actually happen, can only be determined by time. However, the Government should be more proactive in relating the information to the public, and not just by relaying cover-ups and make up stories. Simple precautionary measures should be channelled to the public, informing them of creative and effective measures of minimising the catastrophic affects should it happen. If it doesn’t, then at least is better to be safe than sorry.

On the grounds, most citizens of Malaysia seems to be oblivious to such threats. Life seems to be going by as normal and people are up to things like nothing is happening. Its hard for me to judge whether its wise to do so or otherwise, but as for me, I’m scouting for safe locations which could at least buffer the affects of any catastrophe should it happen.

What say you??

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Many questions lingers on my head regarding the direction of Malaysia, where its heading, economically and politically.. Rumours has it that the next General Election would be held in 2013, and not in 2012, as predicted earlier.

The consensus shows strong undercurrent amongst the opposition parties of possible power shifts in several opposition led states, namely Penang and Kedah, with internal turmoil and party hopping of members. At the same time, there are also tell-tale signs of trouble within the ruling party in several key states, which might jeopardise the power and controlling equilibrium enjoyed by Barisan Nasional. But one things is for sure, should Barisan fail to improve its political report card, major projects such as the Iskandar Region Development and all the various economic corridors may just collapse, and would be beyond repair even by the opposition. No matter how influential the Opposition Leaders may claim to be, these damages may just be unrepairable.

I sincerely do not know what are the end results of these uneasy currents.

Its also not helping that many Scientist have expressed their concerns over the possible astro disaster, said to happen in December 2012. The media are also playing a part in creating the suspense by showcasing programs on Discovery, National Geographic and History Channels, explaining the scientific facts and evidence of this possible catastrophe, such as the Mayan Calendar, theories of inter-planetary collision of Nibiru and Earth. We also suffered an extraordinary solar outburst which happened in mid January 2012, which resulted to major disturbances in telecommunications and power grids around the world. It is said the Solar Outburst was the biggest in 6 years, for which, it last happened in 2005. Probably there are some truth to such predictions, with the erratic weather conditions we’re facing nowadays. Not to mention the strange ‘non-being’ voices and noises heard in various parts of the world, including Malaysia.

Whether or not such astro related catastrophe will actually happen, can only be determined by time. However, the Government should be more proactive in relating the information to the public, and not just by relaying cover-ups and make up stories. Simple precautionary measures should be channelled to the public, informing them of creative and effective measures of minimising the catastrophic affects should it happen. If it doesn’t, then at least is better to be safe than sorry.

On the grounds, most citizens of Malaysia seems to be oblivious to such threats. Life seems to be going by as normal and people are up to things like nothing is happening. Its hard for me to judge whether its wise to do so or otherwise, but as for me, I’m scouting for safe locations which could at least buffer the affects of any catastrophe should it happen.

What say you??

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It’s been long since my last posting. Due to many reasons… But what drove me to write again was the conclusion of 2011 and the arrival of 2012. 2011 was not a particularly good year for me. Many finds that 2011 (which contains the number 11, or grave stones) brought monotonous or non-progressive movement to their lives, businesses or endeavors. Maybe its due to these understandings and superstitions which resulted the entirety of the effect. Many believed that 2011 was a grave stone year, where if they were to embark in new businesses, they would suffer tremendous losses. This results to them not expanding their businesses, and not seeking or opening doors to new opportunities, which subsequently results to stagnant performance. You simply don’t go anywhere, and when you don’t go anywhere, you start chipping away on your savings and contingencies.

On the political front, the Barisan Nasional unleashed a series of PR campaigns aimed at capturing or recapturing the hearts of the Malaysian citizens. Amongst them are the RM 100 aid for children and the upcoming RM 500 aid for heads of families with earnings below RM 3,000. The BN also re-strategized their defense and security outfits, by combining the Arm Forces with the Royal Malaysian Police Force. Not only does it solves the manpower issue, it also forces the two agencies to combine and share their resources and intelligence, which I feel, would result positively in the future. Not only that, the heads of these two agencies will now have a check and balance partner. The Oppositions would definitely loose out in the upcoming General Elections, especially PKR, which has been nauseating the public with endless wailings and non-factual issues. But let me make it clear, there are parties within the existing government are causing people the same affect.

The financial markets in Malaysia are rather stagnant, non-conducive or non-attractive to foreign investors. International Business icons are predicting the economies of America would not be able to sustain and compete with the rising and emerging Asian markets. Europe are in the brink of bankruptcy with a series of financial bailouts by IMF and the World Bank on use-to-be solid and financially sound countries, such as Portugal, Sweden and Norway. Even with the financial collapse of all these ‘has beens’, they still dominate the voice and power of the UNited Nations. Even the US. Obama promised many things when he ran for the Presidency.. I ca easily say, that only 15% were delivered.  Yes, like I mentioned before, the financial state of the US today was caused by Bush alone.. And probably the financial turmoil faced by England was caused by Blair, for condoning to Bush’s elicit theoretical war against terror..

A disturbing pattern is forming in almost all Islamic states in the middle east, which began from the fall of Saddam Hussein and Muamar Ghadafi.. Now people in Syria, Yemen and even Jordan are beginning to raise against Leaders of Islam. Yes, sometimes, their leadership are questionable, but somehow, in order to achieve the Islamic state, it must be ruled through a totalitarian system.  Progress or adjustments should be made from within and not by outsiders who claims to be in the know of Islam.

With all these happenings, I can only derive this single phrase, which reflects the entirety of 2011…… ‘It’s still the same..’

What say you?

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The recent developments in Malaysia, particularly the show of protests and possible demonstrations by Malaysian NGOs (Non-Governmental Organizations) on the streets of Kuala Lumpur, disturbs not only me, but also the millions of other Malaysian citizens that seeks peaceful and harmonious living. The proposed Bersih 2.0 gathering scheduled to be held on the 9th of July 2011, may have noble intentions at heart, but the possible outcome of such public demonstration could lead to disastrous affects. As an event organizer, you may be able to control and conduct the behavior of say 1,000 people in a controlled environment, but as such cannot be achieved if it were to be in a public open area, and involving greater number of people. Making it worst, the participants, may not be rallying just for Bersih 2.0′s initial cause, but also with other ulterior political motives.

It has been proven that Malaysian politics and its members tends to be overzealous in righting their respective causes, and usually, by whatever means necessary. It is very unfortunate that they could not care less for the repercussion of their actions, and whether their causes are humanely correct or not. To them, what matters is that their cause is right, and received by the majorities (even by forcing it down our throats)..

There are various other ways to highlight your grievances, dissatisfaction and disapproval, which may bring better results and achieve the attention of your targeted audiences. By disrupting the harmony of the country, it would project a negative picture to foreigners especially potential FDI’s. That would in-turn lead to reduced in-flow of foreign investment capitals and at the same time, jeopardize local businesses and economies.

I’m pretty sure the leaders of Bersih 2.0 realizes these effects as most of its leaders are rather learned and educated. The claims that the Oppositions had exploited the true intentions of the gathering can be truly and easily believed, but again, it is the Bersih 2.0′s organizers that created the opportunity of exploitation in the first place. Bersih 2.0′s organizers did not even make an effort to clear the air of their true intentions well enough, as I for surely know, NGO’s such as Perkasa are distributing leaflets of distorted information on the true cause of Bersih 2.0. Who is to be blamed? If Bersih 2.0 had made it clear enough from the beginning, all this calamity would not exist.

Malaysians do realize that the system is not perfect and has its flaws. Not just in Malaysia, but countries all over the world are facing the same predicaments. Yes, we’re trying to eradicate all negativities within the administration and government, but you’d have to remember, all administrations and governments are managed by humans. Humans are never perfect. They have their needs, wants and desires. As long as humans possess these elements, they’ll continuously struggle to fight for the good over evil. Sometimes, the good wins.. Sometimes, the bad wins. That is nature.

Switzerland has been regarded as the most safest, crime and corruption-free country in the world. Whys is this? Government servants there enjoys high rate of personal income, and their average Income Per-Capita is US$ 69,000. With that kind of income, why the need for greed, when almost all your wants, needs and desires can be satisfied? I’m not saying that Swiss people are not greedy but greed itself is subdued due to the comfortable lifestyle set by the country. That is what I believe, Prime Minister Najib Razak is trying to achieve for Malaysians, but somehow, some political parties just can’t seem to accept it. Why? Does it not satisfy your political needs and wants? It all depends on you.. If you are a true politician, you’d find other issues far more important than covering someone’s ass!!.. Like I said, everyone has their mistakes, but what’s important is how you correct your mistakes and makes things better, especially for the people of Malaysia.

What say you?

 

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Last year, I made a posting about lives of Malaysians in the state of bankruptcy. This post is an extension of that issue.

Under the Malaysian Law, you are declared a Bankrupt if you owe a person or an institution with an amount greater than RM40,000. Bankruptcy is like a 2-sided coin. On the positive side, it provides the bankrupt some protection from possible harassment from the creditors. Once you are declared a bankrupt, the creditors involved would have to cease from physically chasing the amount owed from you. They in turn would have to write it off in their accounting books.

The negative side of it, is that, you as a bankrupt, would no longer have the normal credit and banking privileges, for a specific time frame. In Malaysia, its 5 years. Its like you being punished for not being able to repay what you owe. Fine.. Off course, after 5 years, you can apply for a release from bankruptcy with the Insolvency Department of Malaysia, and mind you, its not an automated process!!.

But for debts amounting between RM1,000 to RM 39,999, you’ll not be classified as a bankrupt, but rather as ‘Blacklisted’. Now, being ‘Blacklisted’ is far worst than being a bankrupt!!. The more you owe, the more lenient the system treats you!!.. Being blacklisted under the Malaysian financial and credit system, is basically like being thrown into an eternal abyss of financial and social misery. You are better off dead!! The 5-year escape route is only applicable if you’re declared a bankrupt by the Insolvency Dept. Being blacklisted does not give you that leverage. There is simply no way out. It’s worst when your creditors files a bankruptcy against you in court (for amounts below RM40,000), and your name is picked up by the credit information systems (CTOS, CCRIS, FIS). After 3 years or so, they’ll write it off in their books, and just archive the records. 4 years after that, they are no longer obligated to keep the records (lapse of time under the Statutes of Limitations). So to save space, they’ll probably throw the files away. But the problem is that, under the Malaysian Financial and Credit database, you’re still blacklisted, and the only way out is to make full settlement with the banks.

With your name being blacklisted, its virtually impossible for you to get a job (if you’re unemployed) or make any form of career progression or advancements (if you’re employed).. The banks, realising this grey area, would then proceed to oppress you in hefty repayments, should you decide to make settlements with them. Once you start repaying, the interest starts ticking again. It’s an endless and viscous cycle that would ultimately and permanently destroy whatever chances of survival left for people that falls under this category.

As an expert in areas of investment and banking, the only probable solution that I see, which is viable and able to provide a second chance to these unlucky people of this category, is for the government or corporate sector to create a secondary or Islamic financial and credit database, that is totally different from the systems currently adopted and applied in almost all financial institutions in Malaysia. Since the government and Bank Negara are so excited and driven to spruce up the Islamic banking sector, it is the perfect avenue to implement such measure. The logic is that, the existing financial and credit database are derived and based on conventional banking methods, in which, under the Islamic Law, are classified as non-halal and un-Islamic. Thus, if an Islamic banking sector is created, how can it depend or use a database that is non-halal? It should be based on a database that possesses halal attributes and parameters.

This way, those Blacklisted under the conventional banking credit database, could get a second chance in life, and probably restore or repair their past mistakes (by being able to get or secure Islamic or Syariah based loans). Off course, this measure is also subject to abuse, by repeat offenders.. But most of the Blacklisted citizens are genuine cases, means that they’ve truly learnt their lessons and are now more prudent in their financial habits. For repeat offenders, if and when they get blacklisted (again!!) under the Islamic database, then the debt amount combined from both database would for sure carry them across the RM 40,000 threshold. Let them go through the 5-year punishment period.

By implementing this simple yet effective measure, the government can definitely expect a boost in local economy, and the market may experience a greater purchasing power, that would translate into better quality of living, and higher GDP Per Capita.. In line with the government’s efforts towards improving the quality of life and income for Malaysians..

So, to all Politicians and Lawmakers, the above is probably an answer to your voters and tax payer’s long time predicaments. We’ve suffered long enough, and we’ve been deprived of so many things, long enough. Get off your butt and start working. I’m not being paid a single cent for this solution, and some of you may emerge as champions due to this reforms. Go ahead and take the lime light. I don’t bloody care. Just implement the measure stated above and save these poor Malaysian souls..

What say you?