Corruption

As I personal see lot of deal in Malaysia, corruption has spread wide and deep into every people. This is a social and economy problem which will brings unstable and unhealthy to both of the issue.

Corruption means stop developing and improving, worst will reverse the progression. It encouraging mistake. It widens the gap between rich and poor. Rich become richer while poor become poorer.

At first, government gives out project for tender. Which proposal is the best, lowest cost, highest performance, suppose government award the project to the proposal. This is just to make sure everything is lowest cost and highest quality among the choices.

When corruption come into the picture, the project award to who propose higher under table money amount. There is no cost, quality, and performance taking into consideration. The result will be collapse building in construction sector, bad dept in financial sector, low quality and affected sale in long run in manufacturing sector, unhygienic food from food and beverage sector, doctor who have to don’t know how to diagnose and cure, a city development with square, triangle, round and other shapes and so on.

When higher authority starts corruption, their subordinate will follow. This will spread to every society level, diffuse to everyone mindset, and enter to deal. Those who get rich with this method will keep this method to conquering other deal. Rich will get richer; it didn’t encourage quality and ideas. Therefore, everyone start to stop improving and learning, they start migrate out since no opportunity, or start to build relationship with money. Soon, whole country left corruption people stay in the position and get wealth.

Recently Malaysia political tsunami, have prove that most of the citizen is out of the comfort zone. They feel not secure for their securities, their rights, and their income. All this begins from the corruption. Anyway, most of the wealth is in the person who apply corruption all the way, they will sure do lot of things just to retain their position, protect their money, stand on their pride. There are too many and deep. Everyone scare get caught and punish. They want their power and authority to safe themselves. This may rise lot of bleeding fight, money transfer out of country, scarify lot of life, running out of resources. A country or company ruin by a corruption.

Healthy economy means compete each other for deal by quality and performance. Let the supply and demand move freely. Everyone have the same right and opportunity.

Labours

Labours are the power of the development country. It is one of the resources in a company or a country, the human resource. The quality and the quantity of the human resources will directly give impact to the economy performance to the country.

Malaysia is a good place. It is out of the main natural disaster region and full of resources. Around Malaysia, lot of foreign legal and illegal migrant migrate to this place and work. What they want is to earn some living since their country is very poor. There are lot of people from Indonesia, Philippine, Bangladesh, Pakistan, Thailand, Vietnam, Myanmar, India, and China. Malaysia citizen also do migrate and go to Singapore working because of the better living and return. These people from different country come to Malaysia and substitute the cheap labour in agriculture, manufacturing, and mining. Anyway, Malaysia is governed by Malay from Indonesia, Chinese from China, and Indian from India. Just that after the independent from the conquering by the Great Britain, these 3 races becomes Malaysian in this place.

The development of Malaysia goes very fast and emerging since it has lot of natural resources such as tin, gold, petroleum, fishes, trees, stone, herbs, land and water. The land and good whether is suitable for lot of the agriculture activities such as coco, rubber, rice, vegetables, flowers, palm oil and so on. Therefore, Malaysia is once leading in coco, tin, lumber, rubber, palm oil, and good quality petroleum before. This brings the Malaysian lot of wealth and development.

The time Malaysian get wealthier, other country people migrate to Malaysia for better hope. Malaysian takes this opportunity to hire foreign worker. It is because it is cheap and a lot. Sooner or later, almost none of Malaysian work as a labour. No matter high education or low education Malaysian will be avoid to be a labour. All the labour consists of a foreigner, legal or illegal.

When times go by, resources will deplete, other country will improve. These foreign labours will have better choices in their own country, they starts to move back to their country with their earning in Malaysia. Do you agree that Malaysia will be paralyzing the economy and development due to this problem? Imagine that no person work in farm, construction site, house maid, factory worker, cleaner and so on. Does it sound like a death place?

Lot of money is moving out of Malaysia with the migrants, since other country improving. They go back their country. It also means investors and sales go to other country rather than Malaysia, that’s why other country economy is rising. From the resources deplete, paralyze labour work force, money moving out, and business change location, Malaysia will be in a very crucial and special situation.

Besides, corruption will also draw out the money to other country due to the reason it cannot be use in same country. It worsens the condition and hit heavily to the economy and development.

The only way to retain labour is higher pay. Since inflation, low profit, lot of business cannot afford to hire labour for their activities. It is a time to observe what will it happen next.

Silent Indicator

Recently market is extremely quiet. More attention go to Beijing Olympic. Lot of the report coming out showing the economy slow down. Besides, steel price drop since Beijing Olympic closing ceremony. Crude oil price drop to around USD110. Malaysia is under political pressure above the global economy slowdown. Therefore less volume are trade in the market. Everyone is waiting for a convincing factor come.