The Investor Sentiment - Equity and investments forum for Sri Lankans
Search
 
 

Display results as :
 


Rechercher Advanced Search

Latest topics
» Should CSE be like this? Whose FAULT is it?
Today at 11:32 am by CK

» Debenture issues
Sat Jul 14, 2018 10:34 pm by Danidu

» Quick Checklist for Selecting a Stock
Sat Jul 14, 2018 11:42 am by slstock

» Dividend Announcement
Fri Jul 13, 2018 10:06 am by Rana

» Hello and CSE ?
Fri Jul 13, 2018 10:05 am by slstock

» Films - To Watch List
Fri Jul 13, 2018 8:15 am by yellow knife

» කොටස් වෙළෙඳපොළේ ආයෝජනයේ දී දේශපාලන සබඳතා අනාවරණය අනිවාර්යයි
Thu Jul 12, 2018 9:02 pm by spw19721

» ගුහාවේ සිරවී සිටින දරුවන් පිටතට ගෙන්න මාස 04 ක් ගතවෙන ලකුණු
Wed Jul 11, 2018 7:43 am by serene

» කොළඹ කොටස් තවමත් අවුරුදු 8 කට කලින් තිබුණු තැනමයි
Wed Jul 11, 2018 7:37 am by serene

» 2018 ජූනි මාසයේ ඩොලර් මිලියන 434.53 කින් දී සංචිත වැඩි වුණේ මෙහෙමයි
Tue Jul 10, 2018 4:00 pm by Ethical Trader

» නිවාඩුවට රට යනවාටත් බද්දක්. සියලු වාහන හිමියන් බදු ගෙවිය යුතුයි – දේශීය ආදායම් කොමසාරිස්
Mon Jul 09, 2018 5:49 pm by Ethical Trader

» අනං මනං! #/+?.<>
Mon Jul 09, 2018 2:14 pm by yellow knife

» අටවන වරටත් ශ‍්‍රී ලංකාවේ හොඳම බැංකුව ලෙස ෆයිනෑන්ස් ඒෂියා කොමර්ෂල් බැංකුව තෝරාගනී July, 7, 2018
Mon Jul 09, 2018 11:53 am by nihal123

» ETI මිල දී ගන්නේ සිංගප්පූරු – ශ්‍රී ලංකා හවුල් සමාගමක්
Mon Jul 09, 2018 7:57 am by serene

» සුළු හා මධ්‍ය පරිමාණ ව්‍යවසායකයින් වෙනුවෙන් කොළඹ කොටස් වෙළෙඳපොළේ EMPOWER පුවරුව දියත් කෙරේ
Fri Jul 06, 2018 9:26 pm by Ethical Trader

» Sri raises fuel prices, future revisions weekly
Fri Jul 06, 2018 6:35 pm by Ethical Trader

» Sri Lanka holds rates, amid external jitters
Fri Jul 06, 2018 10:35 am by Ethical Trader

» Sri Lanka rupee weakens, stocks gain 1.22-pct
Fri Jul 06, 2018 10:34 am by Ethical Trader

» Sri Lanka's SMEs get chance to raise equity on liberalized board
Fri Jul 06, 2018 8:07 am by The Invisible

» Yahoo බිඳ වැටෙයි
Thu Jul 05, 2018 6:42 pm by Ethical Trader

» මුල් මාස 06 දී ලක්ෂ 11 ½ ක සංචාරකයින් ඇවිත්
Thu Jul 05, 2018 6:41 pm by Ethical Trader

» ධම්මික ශ්‍රී ලංකාවේ මුල් වරට Artificial Intelligence යොදා ගත් අධ්‍යක්ෂ මණ්ඩල රැස්වීමක් කැඳවයි
Thu Jul 05, 2018 8:01 am by serene

» තව වසර 3 කින් කොළඹ ඒක පුද්ගල ආදායම ඩොලර් 12,650 යි
Wed Jul 04, 2018 5:39 pm by Ethical Trader

» රාජපක්ෂ ආධාරකරුවන් ශ්‍රී ලංකාවේ මාධ්‍යවේදීන් බියවැද්දීම වැරදියි - New York Times
Tue Jul 03, 2018 5:32 pm by Ethical Trader

» කොමර්ෂල් බැංකුවට නව කළමනාකාර අධ්‍යක්ෂවරයෙකු සහ ප‍්‍රධාන මෙහෙයුම් නිලධාරියෙකු පත්කෙරේ
Tue Jul 03, 2018 5:27 pm by Ethical Trader

» Sri Lanka's ETI Finance able to settle small depositors if liquidated
Mon Jul 02, 2018 5:30 pm by Ethical Trader

» Cartoon of the day...
Sun Jul 01, 2018 9:10 pm by pee ratio

» උදයංග වීරතුංගට "ස්වේච්ඡාවෙන් ගමන් යන්න බැහැ"
Fri Jun 29, 2018 5:19 pm by Ethical Trader

» Sri Lanka s state hotel sales to go ahead next month: Finance Minister
Fri Jun 29, 2018 5:14 pm by Ethical Trader

» මාස 02 කදී කොටස් වෙළෙඳපොළ සියයට 4 කින් කඩා වැටිලා
Thu Jun 28, 2018 5:59 pm by Ethical Trader

» කොටස් වෙළෙඳපොළේ ආයෝජන ඉවත් කර ගැනීමට ජාතික ඉතිරිකිරීමේ බැංකුව යෝජනා කැඳවයි
Thu Jun 28, 2018 11:14 am by Ethical Trader

» සුරන්ගනීට මාලු ගෙනාවා - FIFA - Russia - 2018
Mon Jun 25, 2018 11:29 am by Ethical Trader

» Enterprise Sri Lanka to give extra credit support for women, disabled soldiers
Sun Jun 24, 2018 8:42 pm by sashimaal

» HUNA.N0000
Sat Jun 23, 2018 11:42 am by pjrngroup

» 2018 මැයි මස උද්ධමනය සියයට 2.1 ක් දක්වා ඉහළට
Sat Jun 23, 2018 8:31 am by Ethical Trader

» Laughter the Best Medicine
Fri Jun 22, 2018 8:11 pm by nihal123

» Sri Lanka is recovering, Central Bank threat looms: Bellwether
Fri Jun 22, 2018 10:20 am by The Invisible

» Sri Lanka's new forex law gets IMF thumps up
Fri Jun 22, 2018 10:16 am by The Invisible

» EU slaps tariffs on US as trade war erupts
Fri Jun 22, 2018 10:14 am by The Invisible

» Top monk asks Sri Lanka’s ex-defence chief to return as ‘Hitler’
Fri Jun 22, 2018 10:12 am by The Invisible

» May inflation at 2.1%
Fri Jun 22, 2018 2:06 am by sashimaal

»  මෙරට විශාලම ආයෝජනය වන හම්බන්තොට වරායේ අවසන් ආයෝජන මුදල වරාය අතට බාර දෙයි
Thu Jun 21, 2018 4:59 pm by Ethical Trader

» CCS.N0000 ( Ceylon Cold Stores)
Thu Jun 21, 2018 4:56 pm by Ethical Trader

» HHL.N0000 ( Hemas Holdings PLC)
Thu Jun 21, 2018 4:48 pm by Ethical Trader

» රුපියල තවදුරටත් පාවීමට ඉඩහැරිය යුතුයි - ජාත්‍යන්තර මූල්‍ය අරමුදල
Thu Jun 21, 2018 7:46 am by serene

» රජයේ සුරැකුම්වලින් රුපියල් බිලියන 2.7 ක විදෙස් ආයෝජන සතියක් තුළ දී ඉවතට
Wed Jun 20, 2018 9:11 am by serene

» ඩොලර් බිලියන 10 යි – මහ බැංකුව ඉතිහාසයේ වැඩිම විදේශ විනිමය සංචිතය ගොඩනගයි
Wed Jun 20, 2018 7:23 am by කිත්සිරි ද සිල්වා

» කිම් - ට්‍රම්ප් හමුව: දෙරටේ නායකයෝ සාකච්ඡා අරඹති
Sun Jun 17, 2018 10:55 am by Ethical Trader

» DOCK.N0000 (COLOMBO DOCKYARD PLC)
Sat Jun 16, 2018 8:20 am by spw19721

» TPL.N0000 (TALAWAKALE PLANTATIONS )
Thu Jun 14, 2018 7:17 am by lanka

July 2018
SunMonTueWedThuFriSat
1234567
891011121314
15161718192021
22232425262728
293031    

Calendar Calendar

Disclaimer


Information posted in this forum are entirely of the respective members' personal views. The views posted on this open online forum of contributors do not constitute a recommendation buy or sell. The site nor the connected parties will be responsible for the posts posted on the forum and will take best possible action to remove any unlawful or inappropriate posts.
All rights to articles of value authored by members posted on the forum belong to the respective authors. Re-using without the consent of the authors is prohibited. Due credit with links to original source should be given when quoting content from the forum.
This is an educational portal and not one that gives recommendations. Please obtain investment advises from a Registered Investment Advisor through a stock broker

Malaysia : The failure we copy

Page 2 of 2 Previous  1, 2

Go down

Re: Malaysia : The failure we copy

Post by yellow knife on Mon Oct 12, 2015 4:02 pm

Ananda Krishnan is the second richest person in Malaysia now. Over the years he has stacked up a remarkable pile fo undtendered government concessions that include a monopoly on racetrack betting , oil and gas franchises, IPPs, mobile telepphony licenses, private television licenses and redevelopment rights to a city center racecourse where the Twin Towers now stand. When during the Asian financial crisis the billions of dollars that flow annually from these state-provided franchises were insufficient fro Krishnan's need, Mahathir's government stepped in and had the state oil company buy out his towers development.

Ananda Krishnan is a man who never got his hands dirty.

He never manufactured anything.
He never compete internationally.

All what he did in developing Twin Towers was hiring an American Architect to design and buy everything off-shore.




Last edited by yellow knife on Mon Oct 12, 2015 6:13 pm; edited 1 time in total

yellow knife
Top contributor
Top contributor

Posts : 5856
Join date : 2014-03-27

Back to top Go down

Re: Malaysia : The failure we copy

Post by yellow knife on Mon Oct 12, 2015 4:13 pm

This kind of dependency on state is seen in many developing nations.

Even Slim Carlos of Mexico is similar, into Telcom and fails to compete internationally .

This is why General Park Chun Hee of South Korea took dictatorship model to force companies to do business out of the country as much as possible.

Even in Japan MITI forced companies to become export oriented.

yellow knife
Top contributor
Top contributor

Posts : 5856
Join date : 2014-03-27

Back to top Go down

Re: Malaysia : The failure we copy

Post by yellow knife on Wed Oct 14, 2015 5:42 pm

Across the Jalan P. Ramlee intersection, past UBN tower to the west and you will be at Shagri-La hotel.

This is Robert Kuok's turf. Kouk is the man who modernized the colonial rentier system in Malaysia, accumulating plantations and commodity trading operations and winning early government concessions to trade process protected staple food.  Worth an estimated USD 16 Billion , he is the richest Malaysian, albeit one who moved his base out of Malaysia in the 1970's and expanded his fortune through similar businesses all over south-east Asia. Indeed Kuok is a unique, regional exemplar of the south-east  Asian Entrepreneur. About the most he has ever manufactured is a flour sack.

Naturally he reminds me Daramadasa Mudalali and Nawaloka poly-sacks.


yellow knife
Top contributor
Top contributor

Posts : 5856
Join date : 2014-03-27

Back to top Go down

Re: Malaysia : The failure we copy

Post by yellow knife on Wed Oct 14, 2015 5:48 pm

Now you can see the similarity between Malaysia and Sri Lanka and at the same time differences with South Korea.

We at Sri Lanka and they at Malaysia avoided manufacturing boom.

South Korea forced its businessmen, the Chaebols to get into Manufacturing. The businesses were subject to harsh ruthless competition. 

We Sri Lankans, and they Malaysian moved into Services with all soft un-hurting way. Untendered offers for businessmen, and hiring every possible thing off shore.

yellow knife
Top contributor
Top contributor

Posts : 5856
Join date : 2014-03-27

Back to top Go down

Re: Malaysia : The failure we copy

Post by yellow knife on Wed Oct 14, 2015 5:54 pm

In 1970's our convention hall was done by Chinese and even now they repair it.

Had we done it like Hyundai, we would be constructing similar things in less poor countries.

Our dams , sluice gates and whole Mahaweli expedition was by foreign collaborations.

Our high ways ( in real express ways ) were constructed by Chinese. Our tower, Nelum Pokuna the drama hall were by Chinese.

If we did anything of our own we would have gone to less privileged nations and earn income showing and proving our work in our own soil.

Even North Korea constructed their own Bronze colossal statues of Kim Il Sung, themselves and now doing similar statues in African countries.



Statues of North Korean Communist Leaders



North Koreans built  statues in Africa


yellow knife
Top contributor
Top contributor

Posts : 5856
Join date : 2014-03-27

Back to top Go down

Re: Malaysia : The failure we copy

Post by yellow knife on Wed Oct 14, 2015 6:03 pm

South Koreans developed high ways in 1970s.

Had Sri Lanka braved to construct highways in 1970s?

Malaysia the Muslim majority country developed separate Casino den Genting Highland in 1969.

Had Sri Lanka reclaimed sea and developed Port City for Casinos in 1969?

At least do we understand the difference now?

=================================

Anyway next study will be on What went wrong with Mahathir and why SL followed and following the same model.

yellow knife
Top contributor
Top contributor

Posts : 5856
Join date : 2014-03-27

Back to top Go down

Re: Malaysia : The failure we copy

Post by HUNTER on Wed Oct 14, 2015 6:23 pm

Good thread YK.

BTW:
I've heard in Sri Lanka, before 1978, there were some efforts to initiate manufacturing; for example, steel corporation, paper, and other state initiatives.... and some medium scale private manufacturers.
And I've heard mr. Upali W. tried to manufacture cars also here (I guess Upali FIAT).

I still can remember some radios made by 'Upali' (Unic or some similar name).

So I guess there were initiative here but something went wrong big way.
Most of the people put the blame on H.E. JRJ.
avatar
HUNTER
Top contributor
Top contributor

Posts : 1653
Join date : 2014-07-14

Back to top Go down

Re: Malaysia : The failure we copy

Post by yellow knife on Thu Oct 15, 2015 7:32 am

Hunter

i personally dont like to find a scapegoat for all our own failures.. So JRJ is not the scapegoat.. Even if so what are we doing now instead of correcting the failures..

Again one common character between General Park Chun Hee (South Korea) and Deng Xia Openg ( China) is both were military leaders leading their platoons in massive war operations. War Victorians know one thing... when you take the reins you cannot blame for past mistakes done by anyone.. So during their state rule they never blamed anyone for past actions but steered the country forward from where they started.

We may talk about past of SL just to study.  

Since you talked about Upali Wijewardena I agree with you and I even mentioned his name when I talk abut Ananda Krishnan . Yes Upali was into manufacturing. He really manufactured Upali Fiat, Unic TVs, Radios and Tingle soap.

Since you are interested in Sri Lankan manufacturing I would mention now that Anagarika Darmapla wanted SL to become a manufacturing nation. I really wanted to have a study on Upali Wijewardena and Anagarika Darmapla at the end.

For the time being I will leave you a nice research book which talk about Anagarika Darmapla

" ENTERPRISE SUPPORT SYSTEM'
      -An International Perspective

                     -by Mathew J manimala
                           Jay Mitra
                           Varsha Sing

If you can refer Page 46 on wards you will find the effort done by Anagarika Darmapla on making SL a manufacturing nation.



Sorry to say at the moment University Dons specially at Colombo Campus are NGO beggars who research on male chauvinism, ethnocentrism, Micro Finance and other feminine works...



At the same time I am really happy to mention that Dr. Travis Perera of PIM is a researcher on SL entrepreneurs and no wonder that's his article which I recommend to read from above book.

EVERYONE BLAMES SOMEBODY WHEN NOBODY DOES

                -Mirror Business
                  Page 4
                    (15 Oct 2016)

yellow knife
Top contributor
Top contributor

Posts : 5856
Join date : 2014-03-27

Back to top Go down

Re: Malaysia : The failure we copy

Post by yellow knife on Mon Oct 19, 2015 11:25 am

Mahathir Bin Mohamed is an educated politician who honestly believed in developing Malaysia.

" I decided to adopt Japanese and Korean strategies and methods for developing Malaysia" But what he did was completely different.



Born and raised in Alor Setar, Kedah, Mahathir excelled at school and became a medical doctor. He became active in the United Malays National Organisation (UMNO), Malaysia's largest political party, before entering Parliament in 1964. He served one term before losing his seat, subsequently falling out with the then Prime Minister,[1] Tunku Abdul Rahman and being expelled from UMNO. When Abdul Rahman resigned, Mahathir re-entered UMNO and Parliament, and was promoted to the Cabinet. By 1976 he had risen to Deputy Prime Minister, and in 1981 was sworn in as Prime Minister after the resignation of his predecessor, Hussein Onn.


Born and raised in Alor Setar, Kedah, Mahathir excelled at school and became a medical doctor. He became active in the United Malays National Organisation (UMNO), Malaysia's largest political party, before entering Parliament in 1964. He served one term before losing his seat, subsequently falling out with the then Prime Minister,[1] Tunku Abdul Rahman and being expelled from UMNO. When Abdul Rahman resigned, Mahathir re-entered UMNO and Parliament, and was promoted to the Cabinet. By 1976 he had risen to Deputy Prime Minister, and in 1981 was sworn in as Prime Minister after the resignation of his predecessor, Hussein Onn.

yellow knife
Top contributor
Top contributor

Posts : 5856
Join date : 2014-03-27

Back to top Go down

Re: Malaysia : The failure we copy

Post by yellow knife on Mon Oct 19, 2015 5:50 pm

Most of the times the intellectuals get programmed by the books they read.

This happened to Mahathir Bin Mohamed who had genuine interest in developing his country. He read Kenichi Ohamae's  The Border-less World which preach the merits of globalization and allowing globalization.



He asked his underlings to read the same book.

Mahathir found hismelf a new and influential friend in the McKinsey management consultant, the futurologist adn author Kenichi Ohmae.Although Japanese, Ohmae was a vehement critic of old-school dirgiste Japan, he looked forward to a globalized world in which national identity would be unimportant. Open Markets provide equal opportunity. This sanguine outlook was an early conceptualization of the view now associated with Thomas Friedmans 2005 book The World is Flat.



Despite its being entirely at odds with the industrial polices that made Japan rich.

Mahathir's honest belief on Ohmae and his book was such he forced all around him to read the book and Asmat Kamaludin, woh became the top bureaucrat at Malaysia's Ministry of International Trade and Industry in that period , recalls " You felt safe if you were walking around with that book. "


yellow knife
Top contributor
Top contributor

Posts : 5856
Join date : 2014-03-27

Back to top Go down

Re: Malaysia : The failure we copy

Post by yellow knife on Mon Oct 19, 2015 5:57 pm

Contrast to Mahthir's selections for reading General Park Chun Hee as well as earlier Japanese intellectual's selection was Fedric List, the writer who made German a successful manufacturing nation. His book was translated to Japanese, and then to Korean and was widely available to public to read.








yellow knife
Top contributor
Top contributor

Posts : 5856
Join date : 2014-03-27

Back to top Go down

Re: Malaysia : The failure we copy

Post by yellow knife on Mon Oct 19, 2015 6:01 pm

Fedric List rejected " free market evangelism" coming from Britain and said that Britain's opportunism to exploit its advantage over the nations . Frederich List believe in free trade but only once manufacturing capabilities are developed.

Germans had two thesis to select. Either Marx or List. Germans selected List. In return they became a great Industrialized nation. Japan copied them.

South Korea copied from German and Japan.

Malaysia asked from Japan and Korea to develop them.

Fredric List never believed in laissez-faire or let things happen alone.


yellow knife
Top contributor
Top contributor

Posts : 5856
Join date : 2014-03-27

Back to top Go down

Re: Malaysia : The failure we copy

Post by yellow knife on Mon Oct 19, 2015 6:06 pm

Mahathir could have read the first of the great academic analyses of Japanese industrial policy, Chalmers Johnson's MITI and the Japanese Miracle which published in 1982 just as he launched Look East.


yellow knife
Top contributor
Top contributor

Posts : 5856
Join date : 2014-03-27

Back to top Go down

Re: Malaysia : The failure we copy

Post by yellow knife on Mon Oct 19, 2015 6:08 pm


yellow knife
Top contributor
Top contributor

Posts : 5856
Join date : 2014-03-27

Back to top Go down

Re: Malaysia : The failure we copy

Post by yellow knife on Tue Oct 20, 2015 9:09 am

Comparision of Malaysia and South Korea is worthy from many angles.

Following is the factory layout of POSCO, the South Korean steel factory.

The location is almost in a harbour and factory is U shaped where raw materials and end products can be met with shipping requirements from different ends.

This shows that from the inception factory is designed to export.


yellow knife
Top contributor
Top contributor

Posts : 5856
Join date : 2014-03-27

Back to top Go down

Re: Malaysia : The failure we copy

Post by yellow knife on Tue Oct 20, 2015 9:11 am

Compare that with Perwaja Gurun Steel factory of Malaysia located mid of the country where one-side is a jungle.

From the inception factory is not designed to export.


yellow knife
Top contributor
Top contributor

Posts : 5856
Join date : 2014-03-27

Back to top Go down

Re: Malaysia : The failure we copy

Post by HUNTER on Tue Oct 20, 2015 10:00 am

Keep going YK.

Thanks a lot for your book titles. I am in to reading most of them though couldn't locate the one by Mathew J manimala which oncludes about Anagarika Dharmapala.

Friedrich List's seems to be interesting. Apparently, Sri Lanka also have had similar thinkers that time but the thinking process han't created a trend due to some reasons. You may remember the poem
'...අලුත් අලුත් දෑ නොතනන ජාතිය ලොව නොනගී....'
avatar
HUNTER
Top contributor
Top contributor

Posts : 1653
Join date : 2014-07-14

Back to top Go down

Re: Malaysia : The failure we copy

Post by yellow knife on Tue Oct 20, 2015 10:15 am

Thanx for your interest Hunter

If you happen to give  gifts to small children give them tool kits with toys to remove piece by piece and to assemble them back.. even less value mobile phones are ideal...

For the matured people ask them to read books on Japan, Germany, and South Korea..

We'll take child steps towards a different SL

yellow knife
Top contributor
Top contributor

Posts : 5856
Join date : 2014-03-27

Back to top Go down

Re: Malaysia : The failure we copy

Post by yellow knife on Tue Oct 20, 2015 11:22 am

When Mahtahir came to power both Malaysia and South Korea was in equal level of GDP. But when Mahathir resigned in 2003 South Korea's GDP was three times of Malaysia.

The University educated head master's son knew that, in order to compete, Malaysia had to engage in industrial learning, but he failed to organize the process anything like as effectively as the peasant-born Park Chung Hee. When Mahathir stepped down in 2003 Malaysias GNI per capita was no longer the same as Korea's -it was USD 4,160 versus USD 12,680 in Korea.

yellow knife
Top contributor
Top contributor

Posts : 5856
Join date : 2014-03-27

Back to top Go down

Re: Malaysia : The failure we copy

Post by yellow knife on Thu Oct 22, 2015 3:10 pm

South Korea went to Steel Factory with ships and cars in mind.

Malaysia went to steel factory with cars in mind.

South Korean government did Steel Factory well neglecting World Bank reports to abandon operations and the success of POSCO was one secret behind the success of Hyundai cars and other vehicles.

Failure of Perwaja one reason to assign for the failure of Perodua and Proton.

Perodua cars



  Perodua old Logoa

Perodua New Loga

Its worth to study the economic history of other countries as it sometimes directly link with some shares we invest here in SL.

http://forum.lankaninvestor.com/t6226-uml-n0000-united-motors-lanka-plc?highlight=uml+n0000

yellow knife
Top contributor
Top contributor

Posts : 5856
Join date : 2014-03-27

Back to top Go down

Re: Malaysia : The failure we copy

Post by yellow knife on Thu Oct 22, 2015 3:13 pm

the other range of Malaysian vehicles is Proton which produce big cars


yellow knife
Top contributor
Top contributor

Posts : 5856
Join date : 2014-03-27

Back to top Go down

Re: Malaysia : The failure we copy

Post by yellow knife on Thu Oct 22, 2015 3:51 pm

Why did Malaysian steel factory fail and why did South Korean steel factory become successful?

Both POSCO (KOREAN) AND PERWAJA (MALAYSIAN) had the same Japanese partner assisting. That's  Nippon Steel.

When Japanese engineers gave plans for POSCO to develop the factory at Pohang, POSCO and Korean government paid BHP the Australian mining firm to check the plan.

But Mahathir took no precautions.

Nippon Steel had zero operational experience of the gas technology it is selling to Malaysian steel.

When it comes to Koreans, they rejected the initial fully computerized operations suggested for POSCO stating that they want to go manual in order to study the operations of steel manufacturing. POSCO learned nuts and bolts of operations in steel before later moving into advanced technologies.

But Malaysia straightly went to more advanced operations without understanding even the basics of operations.

Finally what happened to Malaysian steel is, instead Malaysians learning the art of steel making from Japanese, Its the Japanese Nipppon steel that learned from Malaysians at the cost of Malaysian Ringgit.

Dr. Tan TatWai, one of three industry experts assembled into emergency task force by the government when the plant hit trouble , concluded :
" I think Mahathir got taken for a ride by Japanese. "
This is what happen when you take things for granted from experts.


yellow knife
Top contributor
Top contributor

Posts : 5856
Join date : 2014-03-27

Back to top Go down

Re: Malaysia : The failure we copy

Post by yellow knife on Mon Jan 04, 2016 7:50 am


yellow knife
Top contributor
Top contributor

Posts : 5856
Join date : 2014-03-27

Back to top Go down

Re: Malaysia : The failure we copy

Post by yellow knife on Wed Apr 25, 2018 9:31 am

When YPs came to power they talked about McKinsey as consultants ...

Now its again proving almost like MR era and any other post independence era , its the same dirty journey like Malaysian Business...


නන්දන ලොකුවිතානගේ දුරකතන සංවාදයක් එලියට.. අගමැතිගේ නමත් පනී..[Vudeo]
April 25, 2018 at 6:28 am | lanka C news
ඩුබායිහි මැරියට් හෝටලයේ හිමිකරු නන්දන ලොකුවිතාන සහ තවත් පුද්ගලයෙකු අතට වන දුරකතන සංවාදයක් ජාතික සමගි පෙරමුණේ නායක අසාද් සාලි මහතා විසින් මාධ්‍ය වෙත හෙලි කරනු ලැබීය.
අගමැතිවරයා සම්බන්ධයෙන් වන කතාබහක්ද එම ඇමතුමේදී සදහන් වනු ඇසින

yellow knife
Top contributor
Top contributor

Posts : 5856
Join date : 2014-03-27

Back to top Go down

Re: Malaysia : The failure we copy

Post by nihal123 on Wed Apr 25, 2018 9:53 am

Thanks YK

Very Happy
avatar
nihal123
Top contributor
Top contributor

Posts : 4614
Join date : 2014-02-24
Age : 52
Location : Waga

Back to top Go down

Page 2 of 2 Previous  1, 2

Back to top


 
Permissions in this forum:
You cannot reply to topics in this forum