Back to hot sweating Malaysia

I'm back in the tropical surroundings of Malaysian climate. On holiday, and at the same time looking for job back here. Yes, I've decided it is time to return, mainly due to family reason rather than sentimental.

One thing that I've learned for sure during my job searching tenor, was that, most of GLCs are not really serious in bringing back Malaysians who are working overseas. They are comfortable with what they have at the moment, and sometimes can even give you empty promises. I wondered, why is this happening in so called corporate giants' management.

The country is all steamed up with the gomen's proposal of escalating it's economy towards a high income nation by 2020. There's a definitely a lot of hard work needs to be done, many barriers for business need to be demolished, favoritism needs to be eradicated in order to enhance entrepreneurship in the country.

We also need to be aware of the competition coming from our neighbouring Asean. They will of course have their own plan to be high income nations in their own right (this exclude S'pore of course, they are in the top 15 countries in the world's highest GDP).

I'll wait and see, and along the way, will try to observe whether I could contribute anything in term of knowledge and experience, although not much, to help the nation achieve this difficult objective.

Gunung berapi

Aku dah lama tak update blog nih, sbb sibuk dgn kerja. Skrg dah ok skit. Gunung berapi meletus a few weeks back sikit sebanyak mempengaruhi travel plan aku ke negara2 jiran....leceh betul.
UK skang tgh sibuk dengan election.....3 horse race.....macam EPL lah pulak....

Minggu nih dah panas skit, dalam 15 celcius, alhamdulillah, takde lah sejuk membunuh macam winter hari tu. Moga rezeki bertambah di hari2 yg mendatang...insya Allah.

Selsema

Bosan betul bila hidung aku dah start buat perangai balik.......berhingus jer...selsema,. Hope i'll get better next week.

Brain drain

Couple of years back during my short stint in the mid east, I was invited to give a short talk by a university there. The talk revolved around the topic of capital market and its close relationship with knowledge development in the mid east.

One of the main drivers of hi income economies is not just the ability to create and distribute wealth, but also the ability to maintain it. Wealth also should be defined in a larger perspective, not just material and monetary wealth, but should also includes knowledge wealth. A big shortfall for mid east economies is obviously their inability to develop their knowledge wealth which leads to their mismanagement of material wealth.

I can relate this observation to my own country Malaysia. Being suffered quite a huge problem of talent outflows for the past few years certainly will have a fatal consequences if not managed or prevented properly.

It seems that Malaysia has failed to retain its talent pool, which is then enjoyed by better developed economies who accepted these talents with their open arms.

We need to identify what are causes of this talent outflows and most professionals workforce will say that the environment is not conducive for these talents to live and work in Malaysia. Money is not always the main objective for these people, but the ability to develop, learn, contribute and get recognised is far more important.

Hope our government and private sectors will collaborate and find a long term solution to our worsening problem. After all in a move towards a more developed economy, we are in a dire need of these people.

high income economy.....

I've never been good at writing. It is just out of my comfort zone (which is gaming on ps3), but, there's always a but.

One topic which catched my bloody intention in the past few weeks is making or driving malaysia towards a high income economy.

Lots being discussed n mentioned in the press, but the actual method n path have yet to be seen. for the past few decades, there are only a few nations managed to break into high income econ from their origin of low income economy. To mention a few are the likes of South Korea, Taiwan and of course Singapore, our tiny but efficient neighbour.

We started at the same point with these nations, but within 15 years or so, they have overtaken us in term of economics development, and the normal question that everyone would ask is why Malaysia can't?

I'm not the best person to explain or even suggest any method or path that we need to draw for our beloved nation, and I'm sure the people in the government knows better than me. I'm just hoping the plan drawn is beneficial to the whole population without sidelining our nation's values.

Happy new year to everyone.