Anwar Ibrahim |
- Ceramah Perdana Pakatan Harapan Rakyat Dato’ Seri Anwar Ibrahim Di Parlimen Titiwangsa, Wilayah Persekutuan
- Siri Jelajah Merdeka Rakyat Dato’ Seri Anwar Ibrahim P- Tanjong Malim (Perak) & P- Selayang (Selangor)
- [ARTICLE] The Truth Serum Behind Najib’s Economic Transformation Programme (ETP)
- Arkib Buktikan Ketua Penceroboh Sulu Sebenarnya Rakyat Malaysia
- [VIDEO] Kita Nak Calon Yang Berani, Kita Nak Calon Yang Kuat Kerja
- [VIDEO] Mana Boleh? Negeri Kaya, Menteri Kaya, Tapi Rakyat Miskin?
Posted: 20 Mar 2013 12:27 PM PDT 21 Mac 2013 (Khamis) Padang Kelab Sultan Sulaiman, Kampong Bahru, Kuala Lumpur Penceramah: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Posted: 20 Mar 2013 12:26 PM PDT 22 Mac 2013 (Jumaat) 1) 9.00-12.00 mlm – Ceramah Perdana Pakatan Harapan Rakyat 2) 9.00-12.00 mlm – Ceramah Perdana Merdeka Rakyat 3) Barisan Penceramah | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
[ARTICLE] The Truth Serum Behind Najib’s Economic Transformation Programme (ETP) Posted: 20 Mar 2013 12:57 AM PDT By KPRU |
No. | Failure | ETP 2012 Report |
1. | Falling surplus – the share of external trade to GDP has shrunk to 145% caused by weak external environment.[3] | As of 31st December 2012, 149 EPP projects were launched worth RM211.34 billion. |
2. | Oil palm replanting programme – the target plant areas was 126,500ha but only 103,000ha was achieved.[4] | 113,000 hectre of oil palm planted |
3. | Growth of real GNI is only 4.7%, much lower than 6% target in ETP. Its claim of RM797 billion "target" for 2011 GNI was lower than the MoF forecast of RM811 billion. This "target" was only publicised after the GNI data was released by the MoF. Furthermore, it is very low, calling for just 7.8 per cent growth, well below the average 8.8 per cent targeted in the ETP Roadmap Report. The ETP focuses on GNI, but CEO Datuk Seri Idris Jala misdirected Malaysians by citing the stronger GDP numbers.[5] | GNI per capita increased 49 percent in 3 years.2010- RM8100 2011-RM9700 2012-RM9970 GNI in 1957 was merely USD257 Purchasing power parity is 2x of the Malaysian GNI. |
4. | 1 on October 25, 2010, PEMANDU said LFoundry Sdn Bhd, a subsidiary of German-based Landshut Silicon Foundry GmbH, would undertake a 200 mm water fab worth RM1.9 billion project. Yet nothing was mentioned in the "Achievements" section of the ETP Annual Report. Instead, a much smaller RM100 million equipment refurbishment and training centre project was highlighted.Lfoundry in Germany is declaring itself insolvent and going into bankruptcy proceedings. | - |
5. | Damansara City 2 project by GuocoLand (Malaysia) Berhad was unveiled in the 3rd ETP Progress update on January 11, 2011. There was no status report, it was not even mentioned in the "Moving Forward" section. Instead three additional heritage routes and the upgrading of Masjid Jamek were highlighted instead. Marina Island Pangkor's International Resort & Entertainment Extension Project was showcased in the 4th ETP Progress Update on March 8, 2011. Strangely though, no progress update was given in the Annual Report on this huge project.[6] | - |
6. | According to Asia-Pacific Sovereigns Andrew Colquhoun, ETP has failed to boost Malaysia's average income fast enough to avert a middle income trap.[7] | - |
7. | According to Refsa, only 21% of income will eventually go to the workers as opposed to the current 28%. Only 21% of the income created by Pemandu's ETP will go to workers. Compare this to Singapore which allocates 40% and South Korea and the US which set aside 50%.[8] | - |
8. | Karambunai project was initially announced in October 2010 during Datuk Seri Najib Razak's budget speech as a RM3 tourism project which more than tripled in value to RM9.6 billion when it was included in the fifth ETP update on April 19, 2011.[9] | Between in 2011 and 2012, Malaysia attracted 50 million visitors with RM100 billion GNI. |
9. | Abdul Jalil Abdul Rasheed, who helps manage US$3 billion as CEO of Aberdeen Islamic Asset Management in Kuala Lumpur, is worried the lion's share of the billions in private investments needed for the ETP will come from government-linked companies who then raise funds by issuing bonds. These bonds then get government guarantees, making the government's debt position even more worrying should a default happen.[10] | TERAJU manages the Skim Jejak Jaya Bumiputera (SJJB), a Government initiative introduced in 2007 providing "lastmile" support to eligible Bumiputera companies for listing on Bursa Malaysia. The initiative will consequently allow forgreater Bumiputera corporate equity. Khazanah Nasional Bhd and Permodalan Nasional Bhd have identified a total of 10 companies to be divested to Bumiputera companies. Eight of these have officially been tendered for divestment. |
10. | 1Malaysia email or MyEmail project from last year that was taken by then public-listed Tricubes Bhd. It recently lost its listing status as it was not able to regularize its financials. RM5 million was invested but only 22,000 Malaysians registering for it. Lfoundry scrapped its operations in Kulim Hi-Tech Park.[11] | 2012 Report state the failure of the Myemail is due to failed public relations with the public. |
11. | According to Standard Chartered, a more focused approached than the ETP is needed to transform Malaysia. Instead of the ETP, Malaysia should emulate South Korea and Taiwan in reinventing its economy and moving up the value curve to high-quality products.[12] | Between 2011 and 2012, 1087 sundry shops were transformed under the TUKAR scheme with shops experiencing an increase of 30% of sales. |
12. | The Equal Opportunities Commission (EOC), which was supposed to be part of the Economic Transformation Programme (ETP), has died a silent death due to pressure from certain NGOs.[13] | - |
13. | RM594 billion of the incremental RM594 billion GNI that the ETP creates will go to corporate profits;Just RM166 billion will go to wages for employees; and RM40 billion will go to the government in net taxes.[14] | GNI will contribute RM135.64 billion and 404,443 employment opportunities. |
14. | PEMANDU's target is to double nominal income per capita to RM48,000 by 2020. But using its forecasts for income and population growth, and inflation, the target should be RM54,145, not RM48,000.[15] | - |
15. | MSC was renamed MSC Malaysia, the name of the lead agency changed from MDC to MDeC (while still remaining the Multimedia Development Corporation), MDeC is straitjacketed – it has been given the mandate to oversee and implement an initiative that promises to be as transformative as the other TPs were supposed to be, but without the teeth to do so.[16] | MdeC will focus on ongoing industry initiatives on two thrusts: Maintaining a competitive environment in Malaysia to attract foreign investment in outsourcing; and increasing the competitiveness of local companies by enhancing their scale, credibility and market reach. |
16. | According to HwangDBS Vickers Research, GLC/Bumiputera developers tipped to benefit from government land redevelopment, owners of large land bank and investment assets in KL should also stand to benefit from ETP.[17] | 48 MRT package contracts contributing to RM19.8 billion and 45 percent of those 48 contracts are awarded to Bumiputeras worth RM8.9 billion |
17. | Foreigners withdrew $42 million from Malaysian offshore equity funds in the last six months of 2012, while adding a net $129 million and $230 million to Philippine and Thai funds respectively.[18] | - |
18. | Malaysian investment abroad of RM19.5 billion in the first half of this year surpassed the RM13.6 billion worth of investment that the country received.[19] | RM547 million worth of creative output and 157 hours of man hours was poured into the making of the Academy awarded of the movie Life of Pi. |
19. | Cypark Resources Bhd has covered the 26ha former landfill in Nilai, Negeri Sembilan, with up to 32,000 solar panels, turning the area into what is said to be the largest solar photovoltaic (PV) farm in the country and South-East Asia.[20] | - |
2 | In 2009, Najib dismantled a long-time restriction that benefited "sons of the soil." They can now own 100% stakes in businesses in 27 sub-sectors. Najib's 2012 budget extends that reform to 17 more sub-sectors such as medical and education services. But bigger reforms are absent from manufacturing and the labour market that suffers from entrenched affirmative-action policies.[21] | 18 subsectors liberalised including quantity surveying that will be liberalised in 2013.Competition Act 2010 gazetted in 2012 and the first case is solved. |
21. | Only 30% of Malaysians obtained higher education qualifications compared to Singapore's 46%, Thailand's 41% and South Korea's 89% in 2010. 80% of our workforce only receive secondary level education and only 25% of our workers are highly skilled compared to Singapore's 49%, Taiwan's 33% and South Korea's 35%.[22] | MSC Malaysia MyUniAlliance Programme is a new initiative by the MDeC with support from PEMANDU. The goal is to develop graduates who are industry-ready and employable. |
22. | Najib says the GNI per capita rose 49% from US$6,670 in 2009 to US$9,970 in 2011. But World Bank note the figure was only 16.2%.[23] | GNI per capita increased 49 percent in 3 years.2010- RM8100 2011-RM9700 2012-RM9970 GNI in 1957 was merely USD257 |
23. | Foreign education institutions are struggling to launch in Educity. Of ten institusion approached to open campuses, only two institutions have officialy fully operated. | Globally recognised institutions including Newcastle University Medicine Malaysia (NUMed), Netherlands Maritime Instituteof Technology (NMIT), Raffles University Iskandar, University of Southampton Malaysia (USMC) and Reading University Iskandar have set up campuses. |
24. | Recycled old projects such as the Tanjung Agas that was originally launched in 2009 with an investment shot of RM8 billion[24]that is relaunched under ETP as a transforming project. | - |
25. | IHH Healthcare IPO falls flat, expects not dividends as it is no longer attractive to investors nor is it supportive of its rich valuation.[25] | - |
26. | The renaming of the Kuala Lumpur International Financial District (KLIFD) or now known as Tun Razah Exchange (TRX) worth RM25.07 billion with the possibility of creating a propertyglut.[26] | RAPID Pengerang will provide 4000 employment opportunities with 20,000 contruction workers. |
Table 2: Fall in Malaysian Ranking in the WEF GCR from 2011 to 2012[27]
Indicator | Ranking in WEF GCR 2011 and 2012 | NKEA/SRI |
Wastefulness of government spending | 12 to 19 | Public finance reform SRI |
Government's budget balance position | 96 to 110 | Public finance reform SRI |
Intensity of local competition | 26 to36 | Competition, standardisation and liberalisation SRI |
Extenct of market dominance | 14 to 19 | Competition, standardisation and liberalisation SRI |
Labour market efficiency | 20 to 24 | Human capital devfelopment SRI |
Women in labour force, ratio to men | 114 to 119 | Human capital devfelopment SRI |
ICT use | 57 to 68 | Communications, content and infrastructure (CCI) NKEA |
Technological readiness | 44 to 51 | Communications, content and infrastructure (CCI) NKEA |
Broadband internet subscriptions | 62 to 68 | Communications, content and infrastructure (CCI) NKEA |
International internet bandwith | 60 to 83 | Communications, content and infrastructure (CCI) NKEA |
*WEF GCR is an abbreviation for World Economic Forum Global Competitiveness Report
[1] MI, Dissecting the ETP Annual Report (Part 1) — Grade A+ for obfuscation! — Ong Kian Ming and Teh Chi-Chang, 31 Mei 2012,
[2] MI, Foreign Schools Find Iskandar's Education Hub Less Than Stellar, 24 Disember 2012,
[3] The Star. Falling Surplus Nothing To Worry About, 9 Mac 2013,
http://biz.thestar.com.my/
[4] The Star, Challenges for the Economic Transformation Programme, 28 November 2012,
http://biz.thestar.com.my/
[5] MI, Dissecting the ETP Annual Report (Part 1) — Grade A+ for obfuscation! — Ong Kian Ming and Teh Chi-Chang, 31 Mei 2012, http://www.
[6] MI, Dissecting The ETP Annual Report (Part 2): The Mystery Of The Disappearing Entry Point Projects — Ong Kian Ming And Teh Chi-Chang, 7 Jun 2012, http://www.
[7] The Edge, Fitch Positive On Malaysia's ETP, But Public Finances A Concern, 13 April 2011,
[8] FMT, Bigger Wealth Disparity Likely Under ETP, 8 Mac 2012,
[9] MI, Putrajaya Says 'Recycled' Projects Part Of ETP 'Ecosystem', 13 Mac 2012,
[10] MI, ETP Faces Battle To Win Big Private Investment, 17 September 2012,
http://www.
[11] FMT, Govt's 'Failure To Launch' Projects, 17 Mac 2012,http://www.
[12] MI, ETP Too Broad To Transform Malaysia, Says Standard Chartered, 16 Januari 2012,
[13] FMT, Govt's 'Failure To Launch' Projects, 17 Mac 2012,http://www.
[14] Ong Kian Ming, ARTICLE: ETP: Part 6 — The ETP Will Make The Rich Even Richer, 6 Mac 2012,
http://ongkianming.com/2012/
[15] ibid
[16] DNA, Digital Malaysia: Whither Now, Wither Now?, 23 Julai 2012,
http://www.digitalnewsasia.
[17] Asia Views, Glcs, Developers The Big Winners In ETP, 21 Disember 2010, http://www.asiaviews.
[18] Reuters, Run Up To Tense Election Puts Malaysia, Investors On Edge, 17 Januari 2013,
http://uk.reuters.com/article/
[19] MI, Economists: Malaysian Growth Could Be Hit By Investment Outflow, 19 Oktober 2012,
[20] The Star, Banking On The Right Power, 20 Mac2012,
http://thestar.com.my/metro/
[21] WSJ, Malaysia's Old Economic Model, 12 Oktober 2011,
http://online.wsj.com/article/
[22] The Edge, Tough Task Ahead For Malaysia's Talent Corporation, 14 Oktober 2010,
[23] Malaysia Kini, Kit Siang Calls Najib's GNI Growth Bluff, 13 Mac 2013
[24] The Star, Tanjong Agas Mega Project To Take Off Soon, 23 Februari 2009,
http://thestar.com.my/
[25] The Edge, Hot Stock: IHH Falls On Rich Valuations, HK Venture No Impat, 14 Mac 2013,
[26] FMT, Najib Launches KLIFD Amid Concerns, 30 Julai 2012,
[27] MalaysiaKini, Signs That The ETP And GTP Are Failing?, 6 September 2012,
Arkib Buktikan Ketua Penceroboh Sulu Sebenarnya Rakyat Malaysia
Posted: 19 Mar 2013 11:49 PM PDT
KEADILAN mendedahkan bukti secara dokumen yang menunjukkan Raja Muda Sulu, Agbimudin @ Azzimuddie Kiram yang mengetuai pencerobohan di Lahad Datu, Sabah sejak bulan lalu, sebenarnya rakyat Malaysia dan pernah menjadi kakitangan awam.
Pengarah Strategi KEADILAN, Rafizi Ramli berkata, ia dibuktikan melalui dokumen 'Senarai Kakitangan 1975, Perkhidmatan Awam Sabah' yang diperolehi dari Jabatan Arkib Negara Sabah.
"Dari maklumat itu, disahkan bahawa Agbimudin tersenarai sebagai Pegawai Tadbir Muda di Pejabat Daerah Kudat bermula 1 Mac 1974 dengan gaji RM610 sebulan," katanya pada sidang media di ibu pejabat parti, hari ini.
Rafizi yang turut melampir salinan dokumen itu yang memiliki cop Arkib Negeri Sabah bertarikh 4 Oktober 1983, berkata, pendedahan itu mengesahkan hubung kait penceroboh Sulu dengan projek IC yang melibatkan Tun Dr Mahathir Mohamad.
"Wujudnya tokoh dari kumpulan bersenjata ini di kalangan warganegara mengesahkan keresahan rakyat betapa pemberian kerakyatan untuk tujuan politik tanpa proses sah mengancam keselamatan negara," katanya.
Sebelum ini, media sosial terutama facebook kerap memapar pelbagai gambar individu yang dikaitkan dengan Kesultanan Sulu bersama-sama pimpinan Umno BN.
[VIDEO] Kita Nak Calon Yang Berani, Kita Nak Calon Yang Kuat Kerja
Posted: 19 Mar 2013 11:36 PM PDT
[VIDEO] Mana Boleh? Negeri Kaya, Menteri Kaya, Tapi Rakyat Miskin?
Posted: 19 Mar 2013 11:34 PM PDT
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