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		<title>The Most Meaningful Raya (Eid-ul-Fitr) in My Life</title>
		<link>http://sabrie.wordpress.com/2011/09/01/the-most-meaningful-raya-eid-ul-fitr-in-my-life/</link>
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		<pubDate>Thu, 01 Sep 2011 18:31:01 +0000</pubDate>
		<dc:creator>sabrie</dc:creator>
				<category><![CDATA[Patriotism]]></category>
		<category><![CDATA[Psychology]]></category>
		<category><![CDATA[eid ul fitr hidayah]]></category>
		<category><![CDATA[islam and muslim]]></category>
		<category><![CDATA[islamic economics]]></category>
		<category><![CDATA[islamic equality and social justice]]></category>
		<category><![CDATA[why i am a muslim]]></category>
		<category><![CDATA[why i love islam]]></category>

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		<description><![CDATA[It is the moment when I love Islam wholeheartedly. This is a story of how it happened. &#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212; The 1st night of eid-ul-fitr I have no idea why my heart told me to read Ibn Khaldun&#8217;s book Muqaddima, again. I felt the urge of reading Islamic Culture and it&#8217;s decline. And the puzzle seems to [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=sabrie.wordpress.com&amp;blog=2290900&amp;post=391&amp;subd=sabrie&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
			<content:encoded><![CDATA[<p><a href="http://sabrie.files.wordpress.com/2011/09/aaa1.jpg"><img class="aligncenter size-medium wp-image-393" title="aaa1" src="http://sabrie.files.wordpress.com/2011/09/aaa1.jpg?w=300&#038;h=239" alt="" width="300" height="239" /></a>It is the moment when I love Islam wholeheartedly.</p>
<p>This is a story of how it happened.</p>
<p>&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;</p>
<p>The 1st night of eid-ul-fitr I have no idea why my heart told me to read Ibn Khaldun&#8217;s book Muqaddima, again.</p>
<p>I felt the urge of reading Islamic Culture and it&#8217;s decline.</p>
<p>And the puzzle seems to come together and address my long years of questions and concerns as below.</p>
<p><strong>FOLLOWING BLINDLY</strong></p>
<p>I share the same experience with majority of Muslims in Malaysia (not all):</p>
<ol>
<li>We can read and recite Arabic, but we DO NOT know the meaning of arabic language. Hence we read Quran and do not know what on earth in means, except for a few surahs where we frequently read and bother to find the meaning.</li>
<li>We pray 5 times or less a day but we do not understand what we say in our prayers.</li>
<li>We complete our prayers and recite our doa together with our imam. Little do we understand what the imam is reciting, we just say; Amen.</li>
<li>We were told by our Ustaz (religious teacher) that Quran and Hadith is the truth and we cannot question the laws of sharia because we lack knowledge for ijtihad.</li>
<li>As Muslims in Malaysia we are accorded &#8220;Bumiputera&#8221; status, hence we receive many privileges from priority in housing to financial backup.</li>
<li>We are muslims because our parents were muslims.</li>
</ol>
<p>There is an arab saying: &#8220;what comes from lips reaches the ears and what comes from the heart, reaches the heart&#8221;.</p>
<p>Hence if our parents rumble and cane us when we were young to discipline us and perform the prayers and Quran, it goes from their lips and goes out of our ears.</p>
<p>We are imposed to do, not taught to love our religion.</p>
<p>When we ask our teachers in school on sharia law and how it was derived, none could explain except the vague explanations where it is from the Quran and Hadith.</p>
<p>If we ask for more and question the unquestionable truth, we were told we could not ask because it is God&#8217;s will.</p>
<p>How on earth can someone love something without knowledge?</p>
<p><strong>THE TRUTH DOES NOT MATCH OUR ACTIONS</strong></p>
<p><a href="http://sabrie.files.wordpress.com/2011/09/aaa2.jpg"><img class="aligncenter size-medium wp-image-394" title="aaa2" src="http://sabrie.files.wordpress.com/2011/09/aaa2.jpg?w=207&#038;h=300" alt="" width="207" height="300" /></a></p>
<p>As a &#8220;Merdeka son&#8221;, for years I questionned the following:</p>
<ol>
<li>If Islam was the religion of truth and best for me, why then do we see Muslims feel tight and imposed a lot of restrictions which sometimes does not make sense? (like the poco2 dance which was suddenly banned and now it is ok).  None would dare ask as if we do, we would be put down because we have no knowledge.</li>
<li>We were told we are the best of all people because we are Muslims, but why do I see Malay Muslims the most dependent, complacent, lazy and do not make themselves better everyday? (not all).</li>
<li>We are a Muslim country but why are we oppressing the non-Muslims (non Bumis)? I have a friend (non Muslims) which live in dire of all flats and in mass poverty while at that age, I am living in luxury. Where is the leadership of the Muslim leader as the defender of the ummah and his people?</li>
<li>The bumiputera policy which prioritizes Malays at the expense of others (I agree it was needed in the short term, not long term), where is the righteousness called for as a Muslim as Allah&#8217;s vicegerent?</li>
</ol>
<p>I pondered and felt upset.</p>
<p>I am extremely patriotic and refuse to follow things blindly. I feel stupid when I do things where others tell me it is right without the evidence.</p>
<p>I prayed to Allah for hidayah (guide) every single day, not to lead me astray, to show me the truth in Islam.</p>
<p><strong>WHAT I SEEK MADE ME DISCOVER THE MOST BEAUTIFUL THING ABOUT ISLAM</strong></p>
<p><a href="http://sabrie.files.wordpress.com/2011/09/aaa4.jpg"><img class="aligncenter size-full wp-image-395" title="aaa4" src="http://sabrie.files.wordpress.com/2011/09/aaa4.jpg?w=200&#038;h=240" alt="" width="200" height="240" /></a></p>
<p>I found it in the books of Ibn Khaldun and the stories of how Islam was founded by our dear prophet Muhammad (pbuh) up to this day.</p>
<p>I read Incoherence of Philosophers by Ibn Ghazali (Al Gazel) and Incoherence of Incoherence by Ibn Rusyd (Averroes).</p>
<p>And lastly I was guided to read on Islamic Culture and it&#8217;s decline up till now.</p>
<p>This is what I found:</p>
<ol>
<li>Islam is a religion of equality paired with social justice. Yes, equality. That is the reason why Arabs converted in droves during the period of prophet Muhammad. They were oppressed by the system and Islam gave way for equality for men, women and slaves.</li>
<li>Islam is a religion of democracy. Mutual consultation (syura) is mentioned in the Quran and was practiced by prophet Muhammad (pbuh). The first four caliphs were elected based on democracy. It was the Omayyad dynasty which killed this process and widespread corruption &amp; lavishness in life started to corrupt the Muslims until their overthrow by the Abbasids.</li>
<li>People are no different than any other people, colour, language or race but the highest among them are those who does righteousness and taqwa.</li>
<li>After the Mongols sacked Baghdad and killed the Caliph, Islamic jurists perceive it as the wrath of Allah because of their deeds, hence the philosophy of Al-Ghazali started to take root and the continuous process of Islamic jurisprudence development went to a halt in 1253.</li>
<li>Little do people see the other end where Baghdad was sacked because of the injustice of the Caliph, the puppetness of the Caliph as a result of provinces &#8220;kingdom&#8221; holding more power than the caliph and the decline in Islamic economics (corruption, etc).</li>
<li>Finger pointing arised but for centuries none tried to emulate the characters of Umar Al Khattab and Umar Ibn Al Aziz as role models to administer their kingdom.</li>
</ol>
<p><strong>HOW DID WE LOSE THIS?</strong></p>
<p>How could a religion which possess the fundamentals of liberty, equality and social justice not loved by anyone?</p>
<p>Where is the spirit of Umar Al Khattab which prioritized the welfare of his people regardless of race, colour and religion?</p>
<p>Where are leaders which are afraid of the wrath of Allah if he does not be just to his people, be accountable and serve his people?</p>
<p>How could our leaders sleep soundly when there are men in the streets which are starving?</p>
<p>Where is the social development enjoined by Islam to give to the poor and needy, provide the proper infrastructure and do righteousness without prejudice and with equality?</p>
<p>Is it so hard to put in a mindset of &#8220;I am not different than other people in the eyes of Allah except doing righteousness deeds?&#8221;</p>
<p>When we do righteousness deeds, we will automatically do kind deeds and follow Islamic principles.</p>
<p>Why do we need others to tell us things that put us down like &#8220;janganlah bermegah dengan kereta tu semua nikmat dunia, etc.&#8221; when they can remind us of doing good righteousness deeds like &#8220;jom tolong rumah anak angkat tu, kita org Islam mulia di mata Allah kalau buat bende baik&#8221;.</p>
<p>Why do our society prefer to tell us what to do and finger point that we are wrong, rather than motivate us to seek and do righteousness deeds?</p>
<p><strong>PRAISE BE TO GOD</strong></p>
<p>Indeed, I know some would dispute equality in Islam with your hujah. But know this, the reason people follow prophet Muhammad is because of the equality he preached, paired up with social justice. That is something we cannot dispute.</p>
<p>For I have fell in love with the principles of Islam, and this is the best eid Mubarak for me.</p>
<p>Have you (Muslim) found the reason why you love Islam and not follow it&#8217;s teachings blindly?</p>
<p>I will make it a point to go to Hajj this year not just for salvation; perform Islamic rites while taking the effort to know the meaning of it, learn and cherish the history of Islam and get into it deeper, understand it&#8217;s benevolence as the religion of peace.</p>
<p>For to do righteousness deeds, I must first do righteousness deeds to myself.</p>
<p>&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;</p>
<p><em><span style="font-size:medium;">&#8220;O Mankind! We have created you from a male and female, and made you into nations and tribes, that you may know one another. Verily, the most honorable of you in the sight of Allah is he who has <strong>most taqwa</strong> among of you. Verily, Allah is All-Knowing, All-Aware.&#8221;</span></em> (43:12)</p>
<p><span style="font-size:medium;"><em>&#8220;O People! Your God is one; your father is one; no preference of an Arab neither over non-Arab nor of a non-Arab over an Arab or red over black or black over red except for the <strong>most righteous</strong>. Verily the most honored of you is the most righteous.&#8221; &#8211; Prophet Muhammad pbuh</em></span></p>
<p>Amen.</p>
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		<title>Young Graduate Entrepreneur&#8217;s Perspective: Malaysia&#8217;s Lack of Innovation &amp; Middle Income Trap</title>
		<link>http://sabrie.wordpress.com/2011/08/16/young-graduate-entrepreneurs-perspective-malaysias-lack-of-innovation-middle-income-trap/</link>
		<comments>http://sabrie.wordpress.com/2011/08/16/young-graduate-entrepreneurs-perspective-malaysias-lack-of-innovation-middle-income-trap/#comments</comments>
		<pubDate>Tue, 16 Aug 2011 19:23:52 +0000</pubDate>
		<dc:creator>sabrie</dc:creator>
				<category><![CDATA[Economy]]></category>
		<category><![CDATA[Entrepreneurship]]></category>
		<category><![CDATA[My Diary]]></category>
		<category><![CDATA[Patriotism]]></category>
		<category><![CDATA[ekonomi malaysia]]></category>
		<category><![CDATA[malaysia economic transformation programme]]></category>
		<category><![CDATA[malaysia economy]]></category>
		<category><![CDATA[malaysia ETP]]></category>
		<category><![CDATA[malaysia GDP]]></category>
		<category><![CDATA[malaysia lack of innovation]]></category>
		<category><![CDATA[malaysia middle income trap]]></category>
		<category><![CDATA[pembangunan ekonomi malaysia]]></category>

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		<description><![CDATA[THE IGNORANCE PERIOD When I was in the university, clueless I was on middle income trap. How could a country with plenty of resources is still trap in the middle income segment? (to see how far we are behind: Malaysia GDP = USD 256 billion while US GDP = USD 14 trillion, China = USD [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=sabrie.wordpress.com&amp;blog=2290900&amp;post=383&amp;subd=sabrie&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
			<content:encoded><![CDATA[<p><span style="text-decoration:underline;">THE IGNORANCE PERIOD</span></p>
<p>When I was in the university, clueless I was on middle income trap.</p>
<p>How could a country with plenty of resources is still trap in the middle income segment? (to see how far we are behind: Malaysia GDP = USD 256 billion while US GDP = USD 14 trillion, China = USD 5.6 trillion).</p>
<p>During my tenure as the student leader, I championed causes with other student leaders in other universities to lower the burden of rakyat. We persuaded the govt to maintain subsidies for petrol, sugar, etc. Little did we pause and think, where do this money come from and how much money do we have?</p>
<p>Even upon graduation, I understand DS Idris Jala&#8217;s presentation on the importance of subsidy elimination but I couldn&#8217;t understand fully.</p>
<p>Until now.</p>
<p><span style="text-decoration:underline;">WHAT I REALISED AS A RAKYAT<br />
</span></p>
<p>The reality is our government wouldn&#8217;t be forever rich with cash to fuel our subsidy demands.</p>
<p>The subsidy given to us is paid by someone.</p>
<p>Who is that? It is paid mainly by you taxpayers, borrowers (yes government need to borrow money) &amp; receipts from government ventures (those company owned by govt like Khazanah).</p>
<p>Don&#8217;t for a second think your tax or corporate tax is enough to cover our subsidy demands. Imagine how many cents we take from each litre of petrol.</p>
<p>Every litre of petrol you consume, someone is paying for it.</p>
<p>To add to our addiction, some local graduates are not working hard enough to enhance their capabilities.</p>
<p>So what? I still get a job anyway right?</p>
<p>When graduates have less capabilities, it forces companies to hire someone else, which adds to cost.</p>
<p>It forces companies to focus on firefighting, take shortcuts (hire cheap foreign labour), do not innovate, hence in the long run, we lose in terms of cost (imagine using your grandma&#8217;s aircond and your aircond today. Which one consume more power and cost?).</p>
<p>To make it worse, since 1980s, we have adopted policies of bringing in cheap labour to work.</p>
<p>So what? Good for business right? No, in the long run.</p>
<p>Cheap labour means companies are not forced to innovate hence they are dependant on foreign workers (easy way out).</p>
<p>That makes the demand for high skilled workers like graduates, a no issue for them.</p>
<p>Imagine a welding company can get foreign labours to weld it. But&#8230;&#8230; Imagine a welding company which utilizes advanced machinery to weld stainless steel with no need of foreign labour. Obviously this company needs graduates to look after the machinery which would give higher income to the graduate.</p>
<p>To make it even much much much worse, as a result of dependence on cheap labour, companies do not see the point to innovate, hence MSC companies are finding it hard to market solutions like CRM, cloud computing, ERP, etc.</p>
<p>Simply put, these companies are not forced to innovate to compete and they don&#8217;t care.</p>
<p>Some don&#8217;t even see the need to use technologies to upgrade their competitiveness to reduce costs and increase profitability.</p>
<p>There needs to be someone to tell them how to reduce costs from all angle; operations, finance, admin, etc. Not just IT!</p>
<p>Hence all of us are trapped in the middle income trap.</p>
<p>Except for entrepreneurs who succeed and investors who speculate (like those that buy properties, many of them using debt on debt).</p>
<p><span style="text-decoration:underline;">CORRUPTION</span></p>
<p>This completes the cycle.</p>
<p>Everytime a greedy big bad wolf &#8220;crony&#8221; gets a job, he hikes up the price of the contract and the government needs to pay more.</p>
<p>When the government pays more, they need to use money from? Taxpayers, borrowers and government receipts lah!</p>
<p>So the government has less money to spend on other useful things.</p>
<p>And when these cronies dress down their accounts and implement tax reduction measures, government do not get back the money that was given to them through the contract!</p>
<p>Then all of us have less money.</p>
<p>And how about those contracts given under a special under-table arrangements?</p>
<p>When it is not given via merit / capabilities, it is given to someone without the skills, we lose out.</p>
<p>Why? They get the money, we get the contract, fair la! No.</p>
<p>Each money spent on non-competitive companies result in less innovation because there is no one to compete! So these companies get cheap labour, alternative ways to save up cost, without building human capital and innovation.</p>
<p>Hence, the middle income trap again.</p>
<p><span style="text-decoration:underline;">THE WEAK POINTS</span></p>
<p>It all happens in a loop.</p>
<p>We are SO RICH with resources yet we waste it. I am truly sad of us being in the middle income trap. I want us out, ETP is really the driving force now but little do we realise, the driving force is actually us the rakyat. But when will we realise this?</p>
<p>So the weak points:</p>
<ul>
<li>Our government is rich but we milk them with our subsidy.</li>
<li>Graduates who do not raise their capabilities adds to non-competitiveness of our firms.</li>
<li>Non-competitive firms go for shortcuts: foreign labour, etc.</li>
<li>Usage of cheap costs measures (foreign labour) results in companies which do not care about innovation.</li>
<li>Companies selling high-tech solutions couldn&#8217;t make it when companies do not want their solutions.</li>
<li>Cronies jacking up prices from government contracts result in less money for government to spend on other good projects.</li>
<li>Contracts awarded based on preference, leads to non-innovative culture which leads to middle income trap.</li>
</ul>
<p>I know there are more problems, FDI, but this is something that can make sense to the ordinary Malaysian why we are in the middle income trap.</p>
<p><span style="text-decoration:underline;">RECOMMENDATIONS</span></p>
<ul>
<li>Force companies to innovate by limiting foreign labour in the long run.</li>
<li>Focus on commercialization of our research output in universities so that industries can use them. At the moment, getting research grants are more important than commercialization.</li>
<li>Offer subsidy or ITA / pioneer status to companies for commercialization capital investment.</li>
<li>Force students to enhance their capabilities by tying up CGPA with practical jobs performance, innovation reflection and financial literacy.</li>
<li>Get corporate leaders to be mentors to student leaders rather than focus on politicians in its entirety.</li>
<li>Rid off corruption through pre-requisites and standards in contract awards (if no ISO 9001, GMP, no contract). &#8211; must take into account the industry capabilities as a whole and use median standards.</li>
<li>Increase grants for standards like SME Corp.</li>
</ul>
<p>I know some of these recommendations are already out, but it is not being emphasized with a big FOCUS. Like imagine if the PM talks about ETP, then everyone would talk about it. So he should champion these things. At the moment the issue is IMPACT. How many research projects are commercialized with the current implementation plan? If you can give me a good answer then you win. But I don&#8217;t see my SME peers adopting Malaysian technology from universities en masse.</p>
<p><span style="text-decoration:underline;">WHAT I COULD DO, PANDAI AJE RECOMMEND</span></p>
<p>Well, I would aim to increase innovation to reduce costs &amp; increase profitability as per below:</p>
<ol>
<li>Utilize cloud computing with proven companies like Xero, Salesforce to reduce the need to hire an accountant, telemarketer.</li>
<li>Increase productivity through documents collaboration to eliminate the need for secretaries and many admin clerks.</li>
<li>Use high technology equipments such as blast chillers, sous vide, to eliminate waste and increase profits.</li>
<li>Research and pair up with universities to come up with a robotic kitchen to reduce kitchen overheads.</li>
<li>Focus on employing high performance workers with high salaries with dividend schemes.</li>
<li>Get all grants from governments which focus on standards and work automation with the aim of reducing costs, not complicating things.</li>
<li>Lower price down to compete with competitors through cost advantage infrastructure and force other competitors to innovate as well.</li>
</ol>
<p>Just my 2 cents.</p>
<p>Not meant to bang the government or support the opposition. Just some thoughts to improve the country and it must start with something. So I&#8217;ll start the culture and if others wanna do it, please by all means because I would love to see Malaysia be no 1. Malaysia Boleh! Not &#8220;Malaysia Boleh&#8221; as of those Bolehland genre.</p>
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		<title>The Responsibility of a Muslim Businessman</title>
		<link>http://sabrie.wordpress.com/2011/06/18/the-responsibility-of-a-muslim-businessman/</link>
		<comments>http://sabrie.wordpress.com/2011/06/18/the-responsibility-of-a-muslim-businessman/#comments</comments>
		<pubDate>Sat, 18 Jun 2011 05:23:30 +0000</pubDate>
		<dc:creator>sabrie</dc:creator>
				<category><![CDATA[Entrepreneurship]]></category>

		<guid isPermaLink="false">http://sabrie.wordpress.com/?p=378</guid>
		<description><![CDATA[In a capitalist society where wealth is a priority, morality is often overlooked. Except for those social entrepreneurs which are willing to compromise profits as a priority and prioritize social impact. As I dive deeper into the business world, with all my ambitions in creating larger, bigger and impressive things, I couldn&#8217;t help to ignore [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=sabrie.wordpress.com&amp;blog=2290900&amp;post=378&amp;subd=sabrie&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
			<content:encoded><![CDATA[<p>In a capitalist society where wealth is a priority, morality is often overlooked. Except for those social entrepreneurs which are willing to compromise profits as a priority and prioritize social impact.</p>
<p>As I dive deeper into the business world, with all my ambitions in creating larger, bigger and impressive things, I couldn&#8217;t help to ignore the issue of morality. Yes, if I fail and can&#8217;t build those big things I aspire, who cares? But I do not fear failure as failure is a learning tool. I&#8217;ll pick myself up and do it again.</p>
<p>However I am pissed off with some people which &#8220;con&#8221; people and get off with all the money. Sometimes those are are &#8220;con-ed&#8221; include people like politicians which drag the rakyat to believe the things they &#8220;rasmi&#8221; on big ceremonies.</p>
<p>A businessman who is a Muslim should put morality, integrity and honesty above profit. The equation is different;</p>
<p><strong>Revenue = Price x Volume (This is the focus, the more people we serve and bring better impact, the more pahala we get)</strong></p>
<p>Subsequently, with honesty and respect to customers, we gain more revenue which adds to our bottom line, profits. Of course cost are meant to be controlled.</p>
<p>But the point here is morality is the principle behind all this equation.</p>
<p>Muslims are a society who seeks to gain Allah&#8217;s pleasure in this life and the afterlife. The problem today is they lose objectivity.</p>
<p>Giving Muslims and the society at large (including non-Muslims) a better life, makes everyone better through an economy based on ethics.</p>
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		<title>Lies, Deception and Deceit by Politicians</title>
		<link>http://sabrie.wordpress.com/2011/06/04/lies-deception-and-deceit-by-politicians/</link>
		<comments>http://sabrie.wordpress.com/2011/06/04/lies-deception-and-deceit-by-politicians/#comments</comments>
		<pubDate>Sat, 04 Jun 2011 05:12:36 +0000</pubDate>
		<dc:creator>sabrie</dc:creator>
				<category><![CDATA[Patriotism]]></category>

		<guid isPermaLink="false">http://sabrie.wordpress.com/?p=374</guid>
		<description><![CDATA[Character assassination and fear. I am getting tired of the drama because it went overboard. I am not a supporter of Anwar but Anwar Ibrahim is being accused of everything; from a crook to a sodomizer to an agent of Zionist to an agent of about everything. I seriously believe the government in power had [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=sabrie.wordpress.com&amp;blog=2290900&amp;post=374&amp;subd=sabrie&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
			<content:encoded><![CDATA[<p>Character assassination and fear.</p>
<p>I am getting tired of the drama because it went overboard. I am not a supporter of Anwar but Anwar Ibrahim is being accused of everything; from a crook to a sodomizer to an agent of Zionist to an agent of about everything.</p>
<p>I seriously believe the government in power had done lots of things for the rakyat, the ETP, although looks more like a publicity stunt does help our economy bring in the FDIs and GTP is slowly transforming the government machinery into an effective one. But it has it&#8217;s downsides as well, with all these political above ethics going on.</p>
<p>Pakatan Rakyat on the other hand looks like the &#8220;storming&#8221; period as a team is over. They are getting more synchronized and the Buku Jingga is a good read, it&#8217;s aspirations can help Malaysia transform democracy into greater heights. However they have their downsides as well, they can&#8217;t even form a Shadow Cabinet by appointing each ministry to a single person which leads me to wonder whether there will be chaos if they become the government in power.</p>
<p>But the character assassination for Anwar Ibrahim is getting annoying. I couldn&#8217;t find a day since last year when I read Utusan, I wouldn&#8217;t see &#8220;Anwar&#8217;s&#8221; name with bad things about him on the paper.</p>
<p>While my aunt who is not IT savvy supports Utusan&#8217;s view wholeheartedly, I won&#8217;t blame her.</p>
<p>If you keep on telling the rakyat thousands of times, it will rhyme with him.</p>
<p>This is the problem with some Malaysians:</p>
<ul>
<li>They read and hear gossip from others and believe it without asking for the source.</li>
<li>They believe everything in the news while almost every media is owned indirectly by the government.</li>
<li>They are in awe when they see ministers, it&#8217;s like ministers are celebrities.</li>
<li>The youth is most gullible, taking pictures and being close with people in power (ministers, key government officials, etc) boosts their ego. Post it up on FB and it&#8217;s an upper status for you to show to friends.</li>
<li>They care not for politics as it&#8217;s messed up.</li>
<li>They don&#8217;t realise by not taking a stand on politics, they are the reason why corruption and abuse of power are rampant. They fail to see themselves as decision makers or judge for the politicians, instead they do not care and become instruments of puppets to keep corrupted politicians in power.</li>
<li>They see character as the pre-requisite of voting someone.</li>
<li>They seldom vote someone because of the government policies or governance but vote because they fear by voting another party, they lose their rights.</li>
<li>They think loyalty to the government means loyalty to the party-in-power.</li>
<li>They are confused and think that government = party-in-power.</li>
</ul>
<p>Politicians have all the traits of luring people to believe them, a part con-man but with a noble cause, they know how to twist and turn events to their advantage. They are also masters of strategizing and making it look like they are the good guy but their machinery is creating propoganda to get their advantage.</p>
<p>If you think these are all assumptions, think again; I come from an UMNO based family which previously held power in the government and I was myself a pro-government supporter and leader in the university.</p>
<p>Don&#8217;t let them lie to you.</p>
<p>Always ask and be inquisitive, seek for the truth. For those who believe others at an instant are like &#8220;keldai&#8221;.</p>
<p>We are not just a voter, we are the decision-maker and judge for all politicians.</p>
<p>We must stop thinking that only one-party serves our purpose.</p>
<p>Competition is good and give the rakyat better options and alternatives. Although it comes at a cost.</p>
<p>Our loyalty is to the country and it&#8217;s people, not to the party in power.</p>
<p>We can choose whoever we like and not be ruled by fear because we choose who will be in power.</p>
<p>Be it BN or PR, I will vote based on governance not fear.</p>
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		<title>My aspirations in the next 15 years</title>
		<link>http://sabrie.wordpress.com/2011/02/20/my-aspirations-in-the-next-15-years/</link>
		<comments>http://sabrie.wordpress.com/2011/02/20/my-aspirations-in-the-next-15-years/#comments</comments>
		<pubDate>Sun, 20 Feb 2011 14:13:58 +0000</pubDate>
		<dc:creator>sabrie</dc:creator>
				<category><![CDATA[My Diary]]></category>

		<guid isPermaLink="false">http://sabrie.wordpress.com/?p=369</guid>
		<description><![CDATA[I think I should write this down. It&#8217;s interesting to see what happens in the next 5 years, 10 years or 15 years time. These are my ambitions and with Allah&#8217;s grace and blessings, hopefully I can achieve my dreams~ 5 years Get married and at least 1 children Get my MBA from an Ivy [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=sabrie.wordpress.com&amp;blog=2290900&amp;post=369&amp;subd=sabrie&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
			<content:encoded><![CDATA[<p>I think I should write this down. It&#8217;s interesting to see what happens in the next 5 years, 10 years or 15 years time.</p>
<p>These are my ambitions and with Allah&#8217;s grace and blessings, hopefully I can achieve my dreams~</p>
<p>5 years</p>
<ul>
<li>Get married and at least 1 children</li>
<li>Get my MBA from an Ivy League university</li>
<li>Turn around my company to profitability and scalability</li>
<li>Get my company listed on Bursa Malaysia (wah this is not easy)</li>
<li>Help 500 entrepreneurs to be financially aware and competitive to manage their business.</li>
<li>Help 50 bumiputera entrepreneurs personally to value competition and value building to sustain and grow their business to greater heights with the right guidance.</li>
<li>Manage at least RM5 mil of funds from investors in unit trust.</li>
</ul>
<p>10 years</p>
<ul>
<li>Buy my parents a big house with maids hoho..</li>
<li>Get another 2 kids?</li>
<li>Get a CMSL license for a personal financial advisory firm</li>
<li>Gather friends and investors to open up a Private Equity and Venture Capital company</li>
<li>Focus residual income on angel investment for aspiring entrepreneurs</li>
</ul>
<p>15 years</p>
<ul>
<li>Acquire an investment fund and buy an Islamic bank? (wtf? Am I serious?)</li>
<li>Help as many entrepreneurs as I could</li>
</ul>
<p>Weird objectives. Don&#8217;t know how on earth I can achieve all these. But I&#8217;ll give it my best shot.</p>
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		<title>The Real Malay Dilemma</title>
		<link>http://sabrie.wordpress.com/2011/02/16/the-real-malay-dilemma/</link>
		<comments>http://sabrie.wordpress.com/2011/02/16/the-real-malay-dilemma/#comments</comments>
		<pubDate>Wed, 16 Feb 2011 17:10:34 +0000</pubDate>
		<dc:creator>sabrie</dc:creator>
				<category><![CDATA[Patriotism]]></category>
		<category><![CDATA[dilemma melayu]]></category>
		<category><![CDATA[malay dilemma]]></category>
		<category><![CDATA[melayu]]></category>

		<guid isPermaLink="false">http://sabrie.wordpress.com/?p=364</guid>
		<description><![CDATA[How I craft my views on the Dilemma I&#8217;ve been out of the political realm ever since I graduated. And I do not plan to go into it until I prove my point. Although I admit I was in the pro-government (Aspirasi) camp in university, my leadership has always been about democracy, fair rule, good [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=sabrie.wordpress.com&amp;blog=2290900&amp;post=364&amp;subd=sabrie&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
			<content:encoded><![CDATA[<p><a href="http://sabrie.files.wordpress.com/2011/02/2.jpg"><img class="aligncenter size-medium wp-image-365" title="CB018552" src="http://sabrie.files.wordpress.com/2011/02/2.jpg?w=300&#038;h=240" alt="" width="300" height="240" /></a></p>
<p><span style="text-decoration:underline;"><strong>How I craft my views on the Dilemma</strong></span></p>
<p>I&#8217;ve been out of the political realm ever since I graduated.</p>
<p>And I do not plan to go into it until I prove my point.</p>
<p>Although I admit I was in the pro-government (Aspirasi) camp in university, my leadership has always been about democracy, fair rule, good governance, social justice and non-partisan leadership.</p>
<p>Although being a Malay and in Aspirasi automatically associate yourself as pro-UMNO, I did not favour any party or be favoured by any.</p>
<p>Since childhood I am deeply attached to my late grandfather and harboured ambitions to be a politician like him.</p>
<p>He was a strongman in UMNO, being appointed as  Chief Minister and sits in the UMNO Supreme Council until his death.</p>
<p>I remembered fondly of the times when I was young, we would visit the old Seri Perdana every year and I was very proud to meet Tun Mahathir at a very young age.</p>
<p>Like any young Malaysian, I am proud of my Prime Minister.</p>
<p>However, as I grow older, my views differ from my late grandfather but nonetheless, I respect their contribution to grow this country and their sacrifices in making things better for everyone.</p>
<p><span style="text-decoration:underline;"><strong>Dilemma in my eyes</strong></span></p>
<p>I do NOT believe government intervention is the ONLY solution to help the Malays. It is only a PART of a solution.</p>
<p>Government legislation / intervention creates tangible results but intangibles are never created if the focus is entirely on the former.</p>
<p>Businesses in Malaysia should be an open market economy with competition where new entrants could enter the market with minimum regulation while monopolies, cartels and racial discrimination in trade should be prosecuted to the CORE.</p>
<p>Entrepreneurs are made to compete, affirmative action lessens the effect of competition and creativity which could decrease our competitiveness to create more wealth.</p>
<p>What the Malays lack is <strong><span style="text-decoration:underline;">intangibles</span></strong>.</p>
<p>What are these intangibles?</p>
<p>The ability and knowledge to make money. The ability to create wealth. The ability to compete and reach greater heights.</p>
<p>Looks around us today, if you pick your Malay friends and ask them about growing money; property flipping, stock analyis, understanding of fundamental and technical analysis, simple mechanics in returns and costs of debts?</p>
<p>Sadly to say few. <em>(Pease prove me wrong).</em></p>
<p>I see my non-Malay friends having more than RM30k above although they come from a middle class family after they graduate.</p>
<p>Where did they get those money?</p>
<p>It&#8217;s because of knowledge passed down from generations.</p>
<p>Look at bumiputera shares allocation in Bursa? The government is struggling to get &#8220;us&#8221; to subscribe.</p>
<p>This proves my point, how strong our government advocates Malay prosperity (benchmark of 30% equity), they will never reach it unless someone steps up into the crowd and get the Malays equipped with knowledge.</p>
<p><em><strong>The real dilemma is equipping our people with knowledge.</strong></em></p>
<p>As for now, the knowledge we get from universities are purely theoretical.</p>
<p>Someone or anyone needs to play their part to open the eyes of the Malays and equip them.</p>
<p>Not fuel their fear and anger.</p>
<p>Because that will lead to nowhere.</p>
<p>It is sad to see Malaysia lagging behind in the world economy.</p>
<p>The only way everyone can grow, is where Malaysians regardless of race help one another to grow their knowledge and subsequently wealth.</p>
<p>Being taught to fear others is like living in a trap. Not going further nor backwards.</p>
<p>I fear the real dilemma.</p>
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		<title>Perfect Fresh &amp; Frozen</title>
		<link>http://sabrie.wordpress.com/2011/02/14/perfect-fresh-frozen/</link>
		<comments>http://sabrie.wordpress.com/2011/02/14/perfect-fresh-frozen/#comments</comments>
		<pubDate>Mon, 14 Feb 2011 06:57:08 +0000</pubDate>
		<dc:creator>sabrie</dc:creator>
				<category><![CDATA[Entrepreneurship]]></category>
		<category><![CDATA[daging australia]]></category>
		<category><![CDATA[daging ayam]]></category>
		<category><![CDATA[daging india]]></category>
		<category><![CDATA[daging kambing]]></category>
		<category><![CDATA[fresh frozen meat supplier]]></category>
		<category><![CDATA[fresh meat malaysia]]></category>
		<category><![CDATA[frozen food malaysia]]></category>
		<category><![CDATA[frozen meat malaysia]]></category>
		<category><![CDATA[frozen meat supplier malaysia]]></category>
		<category><![CDATA[pembekal daging]]></category>
		<category><![CDATA[perfect fresh & frozen]]></category>
		<category><![CDATA[www.perfectfreshfrozen.com]]></category>

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		<description><![CDATA[I haven&#8217;t been updating my blog regularly nowadays because I&#8217;m too busy getting things done for my new company. Just some snippets: I am now in Perfect Fresh &#38; Frozen, a locally registered franchisor in Malaysia dealing with frozen food and meat products. I&#8217;m still in pursuit of getting myself in the &#8220;Wall Street&#8221; eventually. [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=sabrie.wordpress.com&amp;blog=2290900&amp;post=354&amp;subd=sabrie&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
			<content:encoded><![CDATA[<p>I haven&#8217;t been updating my blog regularly nowadays because I&#8217;m too busy getting things done for my new company.</p>
<p><a href="http://sabrie.files.wordpress.com/2011/02/pfflogo-web.jpg"><img class="aligncenter size-medium wp-image-356" title="PF&amp;FLOGO-web" src="http://sabrie.files.wordpress.com/2011/02/pfflogo-web.jpg?w=300&#038;h=157" alt="" width="300" height="157" /></a></p>
<p>Just some snippets:</p>
<ul>
<li>I am now in Perfect Fresh &amp; Frozen, a locally registered franchisor in Malaysia dealing with frozen food and meat products.</li>
<li>I&#8217;m still in pursuit of getting myself in the &#8220;Wall Street&#8221; eventually. At the moment I am realising of how &#8220;value investment&#8221; works for &#8220;Real Street&#8221;.</li>
<li>My company has been in operations for 3 years ++.</li>
<li>Our customers include Felda Villa, majority of restaurants around Kajang and Bangi area.</li>
<li>If you are a restaurant or someone in need of meat supplies (lamb, goat, frozen seafood, indian buffalo, australian meat, cow), you can contact my company at +603 8739 3042.</li>
<li>We have sijil HALAL by JAKIM.</li>
<li>We do delivery for restaurants but the order must be big.</li>
</ul>
<p>So what&#8217;s so special about my company?</p>
<p>Restaurants</p>
<ul>
<li>We think about you and your customers. We understand that in the service food industry, you need quality and consistent supply to ensure your cooked food taste delicious and gain recurring customers to grow your company.</li>
<li>We actively service you. We are not here for a one-off transaction. We maintain close relationships by ensuring you get more from your purchase. We want to know your needs and customize our delivery plans for you.</li>
<li>In the future, we plan to lower your costs by doing shared marketing together and connecting you to our local suppliers to reduce your costs and get fresh products.</li>
</ul>
<p>Retailers</p>
<ul>
<li>Fresh and consistent meat supply, always.</li>
<li>We practice hygiene aspects according to HACCP and GMP practices.</li>
</ul>
<p>Our main value proposition</p>
<ul>
<li>5KG above, wholesale prices.</li>
<li>5KG below, cheaper than major hypermarkets in Malaysia.</li>
<li>Complementary customer care and service for FREE.</li>
</ul>
<p><a href="http://sabrie.files.wordpress.com/2011/02/11.jpg"><img class="aligncenter size-medium wp-image-357" title="1" src="http://sabrie.files.wordpress.com/2011/02/11.jpg?w=300&#038;h=225" alt="" width="300" height="225" /></a></p>
<p>The address is at No 15, Jalan Impian Murni 1/5, Saujana Impian, 43000 Kajang, Selangor Darul Ehsan.</p>
<p>Our website is at <a href="http://www.perfectfreshfrozen.com" target="_blank">http://www.perfectfreshfrozen.com </a></p>
<p>We are open from 9am &#8211; 10 pm everyday!</p>
<p>Telephone us at +603 8739 3042.</p>
<p>Wish me luck for the business!</p>
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		<title>&#8220;People&#8221; is the greatest asset a company could ever wish for.</title>
		<link>http://sabrie.wordpress.com/2010/11/17/people-is-the-greatest-asset-a-company-could-ever-wish-for/</link>
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		<pubDate>Wed, 17 Nov 2010 03:35:37 +0000</pubDate>
		<dc:creator>sabrie</dc:creator>
				<category><![CDATA[Economy]]></category>
		<category><![CDATA[Entrepreneurship]]></category>

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		<description><![CDATA[When a company is growing, Some people has the perception that bosses who own the company could do as they wish. Some bosses also agree their directives are their right as they own a company. Some do not care about natural justice while their team are lost without a sense of personal advancement and achievement. [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=sabrie.wordpress.com&amp;blog=2290900&amp;post=347&amp;subd=sabrie&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
			<content:encoded><![CDATA[<p><a href="http://sabrie.files.wordpress.com/2010/11/team.jpg"><img class="aligncenter size-medium wp-image-348" title="team" src="http://sabrie.files.wordpress.com/2010/11/team.jpg?w=300&#038;h=191" alt="" width="300" height="191" /></a></p>
<p><em><strong>When a company is growing,</strong></em></p>
<p>Some people has the perception that bosses who own the company could do as they wish. Some bosses also agree their directives are their right as they own a company. Some do not care about natural justice while their team are lost without a sense of personal advancement and achievement.</p>
<p>What they forget is that how perfect a system could be in place, how excellent an employee could be, how many training is provided, how good their product is for their customers, how large their market size and potential is, none of this can be tapped without people.</p>
<p>Humans in this age are given the choice to choose, make decisions and freedom to move up or down the society ladder at their whim.</p>
<p>A company would be soul-less without it&#8217;s people.</p>
<p>When it&#8217;s people is driven with a sense of motivation (not mere pushing and expecting the team to think like owners/shareholders) and be recognized / accepted as part of the team, they will naturally work harder. It is because they feel they are a part of it. A clear example: No one would love another human being when they do not have personal emotions with it.</p>
<p>The team must be respected, pushed to the limit to achieve their potential for themselves and the company.</p>
<p><strong><em>At the same time,</em></strong></p>
<p>The team must remember, without the shareholders, they would not be there in the first place. There would never be a source of income nor would there be any work.</p>
<p>Respect vis-a-vis is a must.</p>
<p>Shareholders would naturally want their team to be accountable to them. They are the umbrella of the company which upholds the pillar of principles laid out in the vision and mission of the company. They own the company.</p>
<p>Like it or not, they have absolute right according to the constitution of the company and it&#8217;s laws governed by a country.</p>
<p>The management works for shareholder&#8217;s wealth but at the same time, the shareholders work to ensure their team moves up the society ladder and can achieve their personal dreams.</p>
<p>No man deserves to be at the back seat in a &#8220;bus&#8221;. They must move from the back to the front. If they refuse to move, they should be motivated to move. If they still refuse to move up the ladder, they should be productive. If they are not productive, they should be thrown out of the &#8220;bus&#8221;.</p>
<p><strong><em>However,</em></strong></p>
<p>Humans will always be prone to mistakes and unethical behaviour. Discipline is the pillar and principles of the company can never be compromised.</p>
<p>Corporate culture is made, it is not written on paper. Those who do not adopt the culture are like cancer. The way they communicate will spread to others and create a set of actions against the principles.</p>
<p>These actions must be dealt swiftly.</p>
<p>As just a company could be, as caring a company could be to it&#8217;s employees, when discipline is compromised against the principles laid out, it will never be forgiven. Such people should never be in the company from the first place.</p>
<p>It takes guts and emotion-less decisions to handle people. Dismissing people from their source of income is not an easy task. But it must be done by every leader when the time comes.</p>
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		<title>Malays are not lazy. Equal opportunities for all Malaysians.</title>
		<link>http://sabrie.wordpress.com/2010/10/09/malays-are-not-lazy-equal-opportunities-for-all-malaysians/</link>
		<comments>http://sabrie.wordpress.com/2010/10/09/malays-are-not-lazy-equal-opportunities-for-all-malaysians/#comments</comments>
		<pubDate>Sat, 09 Oct 2010 14:25:26 +0000</pubDate>
		<dc:creator>sabrie</dc:creator>
				<category><![CDATA[Economy]]></category>
		<category><![CDATA[Patriotism]]></category>

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		<description><![CDATA[Please read this with an open mind. It is to be looked at from a MACRO economic perspective (xmicro) and not from a political point of view. I have 3 months to go before I complete my masters of entrepreneurship and during these academic years, I decided to pursue my own venture to match academic [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=sabrie.wordpress.com&amp;blog=2290900&amp;post=341&amp;subd=sabrie&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
			<content:encoded><![CDATA[<div>
<div>
<p>Please read this with an  open mind. It is to be looked at from a MACRO economic perspective  (xmicro) and not from a political point of view.</p>
<p>I have 3  months to go before I complete my masters of entrepreneurship and during  these academic years, I decided to pursue my own venture to match  academic knowledge and real life practices. Navigating through the rough  waters without financial assistance made me realise many important  things in transforming my life from being in a middle class family  (working with others) into an entrepreneurial family. This was what I  found based on the ventures I got into.</p>
<p>&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;-</p>
<p>1. Hardship and marginalization accelerates entrepreneurial creation</p>
<p>Let&#8217;s  put aside racism discussion but let&#8217;s look from the  psycho-social-analysis context. Being a minority in a society helps to  make one be more creative in achieving their objectives. Successful  Indian businessmen in the United States / UK, the Malays in South  Africa, Germans/Japanese in South America and the Chinese in Southeast  Asia. When one stumbles into a position where he must survive and other  resources are controlled by the majority of the society, he would think  all ways, high and low, to ensure he can survive. For example when the  British recruited Chinese labourers where majority are farmers from  China during the Boxer rebellion into then-Malaya, the residents owned  all lands for farming. So what can the labourers do since farming is no  more available option?</p>
<p>Engage in trade, bring in products  from China and create new business establishments in new industries.  That was how the Chinese in Malaysia became known as great entrepreneurs  in new industries. Multiplier effect came when entrepreneurs who are  few in the industry group together to create new opportunities, hence  giving rise to trade associations. The myth spread by the English at  that time, that Malays are lazy is incorrect because they had to bring  in labourers to work in their tin mines and the Malays are owners of  their own land for farming and trade. Why should someone who owns his  own land and get economic benefits from it, work for others? So, in a  way, Malays at the times were also entrepreneurs because they controlled  the economy.</p>
<p>The issue here is not to be taken at a  racial context, but to understand that being a minority in a majority  based group could help one to be more creative and create new economic  opportunities.</p>
<p>2. The Craved Partnership</p>
<p>A person  with all the entrepreneurial character and an investor which understands  the business he is venturing into, is a match-make in heaven. A venture  falls apart when the person do not have entrepreneurial values and the  investor just think that he is the boss. A simple acid test is to look  at those who purchase shares in the stock market without understanding  the company he is investing money in, would stand a higher chance of  losing money due to market speculation and lack of market  information.This was particularly true the financial crisis in the late  90s.</p>
<p>3. Government&#8217;s Role</p>
<p>So what must our  government do? We can&#8217;t let entrepreneurs be those who are marginalized  and suffer to succeed? The key here is to smoothen the process of doing  business related to government; getting licenses, establishing business,  recruiting labourers, etc. This helps the entrepreneur to accelerate  his venture. The government must provide creative education not  text-book theory for to-be-entrepreneurs. A simple example is a course  of &#8220;how to make money&#8221; which teach students how to make new revenue  streams, potential income and investments. Not those management,  marketing or theoretical books.</p>
<p>The government must  understand that society&#8217;s behaviour plays a larger role in any outcome.  Policies effect how a society behave and grow. One thing for sure is  this: entrepreneurs are built upon the pillars of strong internal locus  of control, belief that they could do something even if obstacles are  there. So they in essence are those who are constantly needed to solve  problems therefore policies which decrease their problems directly would  not help to develop their attitude. If they lose the edge of solving  problems, then they could not compete in a globalized world. If they  can&#8217;t compete, Malaysia can&#8217;t trade effectively hence brings our economy  to a halt or slowdown and everyone loses.</p>
<p>It&#8217;s kind of  tricky for the Malaysian government. On one hand entrepreneurs need to  be developed but on the other hand preferential treatment and open  market creates both good and bad effect. I believe entrepreneurs should  face hardship in aspects of trade and not hardship in economic  distortions. Distortions such as monopoly of a supply chain by a  corporation or group, monopoly of a certain segment, cost killing in a  group (cartels) to kill new entrants must be stopped. Entrepreneurs can  only succeed when they face hardships in terms of advancing their  business, but when politics &amp; distortions comes into place, it kills  everyone. <span style="text-decoration:underline;">No entrepreneurs should be discriminated against by any group  when they enter the market to create new economic opportunities, be it  by the government or businessmen.</span></p>
<p>&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;</p>
<p>Yesterday  I had a chat with another micro entrepreneur which sells honey chicken  wings by the road side without a license. They came from Sabah, without  any education and decided that they must strive to survive. Today, they  have a chain of &#8220;gerai without license&#8221; in Taman Kosas, Ampang Point,  Pandan Jaya, Temerloh and Johor Bahru. These are the entrepreneurs. And  they will be successful because of hardship. It proves that without  politics and economic distortions by any group, they could grow. What  they need, is creative education, not just education.</p>
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		<title>What Richard Branson missed out on the Malaysian economy</title>
		<link>http://sabrie.wordpress.com/2010/09/27/wha-richard-branson-missed-out-on-the-malaysian-economy/</link>
		<comments>http://sabrie.wordpress.com/2010/09/27/wha-richard-branson-missed-out-on-the-malaysian-economy/#comments</comments>
		<pubDate>Mon, 27 Sep 2010 13:59:16 +0000</pubDate>
		<dc:creator>sabrie</dc:creator>
				<category><![CDATA[Economy]]></category>
		<category><![CDATA[Patriotism]]></category>
		<category><![CDATA[richard branson]]></category>
		<category><![CDATA[richard branson malaysia]]></category>

		<guid isPermaLink="false">http://sabrie.wordpress.com/?p=335</guid>
		<description><![CDATA[Richard Branson arrived in KL today for an investment conference and when asked on how Malaysia could attract more FDIs, his answer in a nutshell: privatise our GLCs, increase competition and stop the political parade (Anwar&#8217;s sodomy II case). The government in power could not possibly do this nor would our opposition headed by PKR [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=sabrie.wordpress.com&amp;blog=2290900&amp;post=335&amp;subd=sabrie&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
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<p>Richard Branson arrived in KL today for an investment conference and when asked on how Malaysia could attract more FDIs, his answer in a nutshell: privatise our GLCs, increase competition and stop the political parade (Anwar&#8217;s sodomy II case).</p>
<p>The government in power could not possibly do this nor would our opposition headed by PKR / PAS. We are facing the dilemma of racial balance in terms of economy. What would happen to the bumis if GLCs are made private? The bumis equity would be almost diminished. Why? GLCs are what makes the bumi companies empowered through projects.</p>
<p>This is a political issue, not an economics issue in it&#8217;s entirety.</p>
<p>The issue to be solved here politically is how to make bumis equity (not stock market bullshit equity, real equity in terms of personal networth) increase while at the same time realise what Richard Branson mentioned?</p>
<p>The Economics Transformation Programme (ETP) and the establishment of the Equinas is a good step. My question here would be &#8220;how many bumis really understand how to tap into these opportunities, secure investors and grow them?&#8221;. A good indicator is to ask public uni students and I&#8217;m sure you will get quite a disappointing answer in terms of ignorance.</p>
<p>Government should not govern by mere policies to protect the bumis equity but grow it through &#8220;direction pointing&#8221; to the bumis in raising and maintaining money. It will only be when signifcant amount of bumis who are literate financially, can we induce free market competition as they themselves, would demand for it. The key here is not for government to guide them, but to be the facilitator in matching successful businessman with those who wants to be in business. Knowledge transferred is an equity forever owned. Only then, would we have a competitive Malaysia.</p>
<p>Little napoleons in supply chain could now be eliminated through the advancement of globalisation. That is something to be understood. Gone are the days when just a particular &#8220;race&#8221; could dominate an industry.</p>
<p>Economy is made to grow bigger and bigger. Trust the economists (Ibn Khaldun, Keynes, Hayek) as it is true. The pie is big enough for everyone when it is growing.</p>
<p>Let promoted industries secure investors globally and let them compete on a global scale. For Malaysia&#8217;s diversity is her strength in terms of economic power.</p>
<p>Empower the bumis through inspiration, knowledge , experience and team effort. Not mere policies and &#8220;memanjakan&#8221;. It takes time but it is worth doing to solve the political dilemma.</p>
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