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Government must offer level playing field in business PDF Print
Wednesday, 19 December 2007 10:28

By Dr Collin Abraham  

It is refreshing to read of Zaid “telling” the Government that it needs to adopt the policy of a level playing field in its dealing with the local and global business community. In a straight- forward and no-nonsense perspective, now apparently characteristic of his style, his comment needs to be given very serious attention indeed. Coming as it does from an up and coming lawyer, politician, entrepreneur, and if I might say so, a Malay, is all the more reason for the Government to sit back and take note.

What Zaid is saying in fact strikes at the heart of what is terribly wrong with many Government policies that, put simply, take the economic situation as given and in the name of pragmatism, try to ‘sneak in’ the vested interests of the nationalist, political and bureaucratic elite business partners, marginalizing the interests of all others and then, to try cover this up in the hope that all will be “happy ever after”. Unfortunately this simply does not and cannot happen.

 

What does happen is that the diverse voices of ethnic and racial groups particularly among the SME’s and small scale family businesses clamouring and struggling for a stake in the economy, find their path to equal access as well as to involvement in the decision making process blocked at every turn. Because of a clear monopolistic or oligarchic dominance of the business elite, this is a clear case of mobility closure such that sooner or later these marginalized groups will face a glass ceiling or worse a concrete ceiling. The revolution of rising expectations then becomes a revolution of rising frustrations.  

Zaid has also done well to point out that, access to the internet is gradually but surely giving insights to trends as to what is really happening under globalization, so that people can think for themselves and understand the predicament in which they find themselves. For instance the local English media has recently been screaming that “We Must get our economic act together” (NST 25/10/07) and “MIER lowers 2008 growth forecast” (NST 25/10/07).

What these articles are saying is something that has been waiting to happen, namely that the anticipated competition under globalization has begun to adversely affect our GDP growth rates. Indeed, while trying not to sound alarmist, it needs to be pointed out that with the rapid and accelerated GDP growth being recorded by both China and India, unless and until the Government takes concrete steps to even out the uneven playing field now,  we may soon face an intractable and irreversible situation.  

Finally, we need to be realistic and understand that the one group who will be most negatively affected by initiating the level playing field will be certain Bumiputra groups under the provisions of the NEP. But here again it has been repeatedly shown, that a restructuring of the egalitarian prong of the NEP will most certainly benefit the underclass among the Bumiputra as much as it will the Non- Bumis as well. As for the strategy to make this possible, Zaid’s Chapter “Department of Bumiputra Affairs” in his book “In Good Faith”, I believe sets the stage for a brave new order to level the playing field in its totality once and for all.

Comments (5)Add Comment
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written by gloryredstar, December 19, 2007 12:34:09
UMNO cant afford to play on a level playing field as it means many of their incompetent cronies would not be able to cari makan which in return means losing support during elections and most importantly their commission.
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written by temenggong, December 19, 2007 13:17:57
test. smilies/cheesy.gif
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written by InEffective, December 19, 2007 13:36:06
Our transformation into a concession-based economy is steadfastly ensuring that our skillsets are irrelevant in the economies outside the borders of Malaysia.

THe skillsets that are now relevant in Malaysia are enacting rules, policies, and licenses for all business actitivities, strategic exclusion, business models which transfers all risks across the clueless rakyat (ex bullet trains with jp morgan endorsements), or somehow tap into the gravy train of windfall oil blessings.

No need to go to university to learn how to succeed. Why study law, medicine, engineering, accounting etc?

Outstanding accomplishments.
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written by malaysianohope, December 19, 2007 22:10:54
NEP contradicts globalisation and you can't have both in the same plate.

One has to go but if you select NEP, forget about progress.
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written by MsiaCTzen, December 20, 2007 12:49:38
Malaysia NEP is Racist n Robber

NEP is created for ONLY one RACE, that is why NEP is Racist
NEP is also Hijack by UMNO to creat cronies within. Not all Bumi enjoy the scope of NEP.

Are all Bumiputra poor and helpless?
Are all Indian and Chinese Rich and Smart

NEP rob from Chinese,Indian and NON Bumi, to provide for the rich and poor Bumi
NEP rob from Foreign investors too

Why is NEP only for Bumiputra?
Why must 30% be allocated to Bumi for Business? (FOC)
Why give discount only to Bumi for housing and etc etc..

If Malaysia truly needs NEP should be for all Poor and lower Income Malaysian ireespective of Race, color or creed.
NEP should be independent and transparent.
NEP should be open to Public scutiny.

Is NEP good to the Bumi?
BIG NO is the answer.
Only creates stupidity,laziness and over dependent on hands out.

NEP create Caste syetem

Bumiputra 1st class becos it has Majority (60%)
Chinese 2nd class becos second Majority (25%)
Indian 3th class becos Minority(8%)
others outcast

Our Neighbours Singapore.

Singapore own system to creat equal wealth and harmony.
Singapore provides assistance to the Poor and less educated irrespective of Race, Color or Creed
Singapore creates Housing to all thier citizen, with their very own special scheme which does not discriminate, well regulated and implimented.

Should NEP abolish?
YES. Unless Bumiputra still believes they lazy,stupid and backdated.

All malaysian are born equal irrespective of race,creek or color.

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