tag:blogger.com,1999:blog-18183714.post1128900936619239758..comments2024-03-08T20:25:35.963+08:00Comments on Malaysia-Finance Blogspot: Malaysia's Middle Income Trap (or is it "Trapped")SalvadorDalihttp://www.blogger.com/profile/06868577716920232901noreply@blogger.comBlogger11125tag:blogger.com,1999:blog-18183714.post-5963845719267637022012-01-17T20:50:10.276+08:002012-01-17T20:50:10.276+08:00I think Tony has thrown a question which all blogg...I think Tony has thrown a question which all bloggers might want to ask aslo.This might be more significant when Chinse New Year is around the corner now, to all married couples, giving angpaos etc..anyway, to leap from middle income to high income, it depends on a lot of things.You can either achieve it by getting promotion with a huge payrise or moving pasture new or start up your own business.vemmabiz4youhttps://www.blogger.com/profile/12603498567141301513noreply@blogger.comtag:blogger.com,1999:blog-18183714.post-55889143332611705892010-08-18T23:10:24.501+08:002010-08-18T23:10:24.501+08:00tony,
personally, you will need to get into the ...tony,<br /><br /> personally, you will need to get into the industry or sub industry in malaysia that still pays for talent and superior performance ... if you do well in sales, mgmt or finance yr remuneration scale will not be hampered by the overall income trap.<br /><br /><br />joey,<br /><br />u r right, i have taken that line outSalvadorDalihttps://www.blogger.com/profile/06868577716920232901noreply@blogger.comtag:blogger.com,1999:blog-18183714.post-29866946335765390552010-08-18T21:12:24.875+08:002010-08-18T21:12:24.875+08:00If I am not mistaken you mentioned that Indonesia&...If I am not mistaken you mentioned that Indonesia's per capita income higher than Malaysia as of last year? I doubt that is true.Unknownhttps://www.blogger.com/profile/03767965213689333672noreply@blogger.comtag:blogger.com,1999:blog-18183714.post-88435043531896724212010-08-17T20:47:19.553+08:002010-08-17T20:47:19.553+08:00Government need to play a role here if we want to ...Government need to play a role here if we want to move from middle income to hi income. The economic development board must bear the cost willing to invest in critical education and training to upgrade the workforce.<br /><br /> Education/Training must be revised anually and make up to date. Schools here are still teaching outdated syllabuses and obsolete skill sets. <br />Depending only MNC is not the solution. Government think tanks need to play an active role into understanding the ever changing economics situation and blue ocean markets. Train and direct workforce to specialize in these potentially lucrative markets. <br />As we are a small country, every citizen counts. Discover them talent early and groom up the workforce to face the economic challenges to come.greenhttps://www.blogger.com/profile/14390174015082651018noreply@blogger.comtag:blogger.com,1999:blog-18183714.post-39300382723981098982010-08-17T12:42:25.214+08:002010-08-17T12:42:25.214+08:00One very important factor is IQ. Even if we were t...One very important factor is IQ. Even if we were to implement the best economy policy, it is still very hard for us to reach the status of say South Korea, Singapore or other advanced country.<br /><br />Malaysia average IQ: 92.<br />South Korea: 106.<br />Singapore: 103.<br />Taiwan: 104.<br />Japan: 105.<br /><br />Source: http://en.wikipedia.org/wiki/IQ_and_the_Wealth_of_NationsUnknownhttps://www.blogger.com/profile/14969251165860110968noreply@blogger.comtag:blogger.com,1999:blog-18183714.post-37875971878733934012010-08-17T11:07:24.626+08:002010-08-17T11:07:24.626+08:00You miss an important point when comparing Malaysi...You miss an important point when comparing Malaysia and Korea: the all powerful MACC like organization in Korea that investigates corporate heads and government heads up to the level of president for corruption practice.skyta (史開達)https://www.blogger.com/profile/01438155010981836712noreply@blogger.comtag:blogger.com,1999:blog-18183714.post-86245588515132442892010-08-17T10:54:30.335+08:002010-08-17T10:54:30.335+08:00How can a individual Malaysian get out of the midd...How can a individual Malaysian get out of the middle income trap ?ZurichWealthPlannerhttps://www.blogger.com/profile/01197895088470836876noreply@blogger.comtag:blogger.com,1999:blog-18183714.post-48129766969824454422010-08-17T09:55:27.237+08:002010-08-17T09:55:27.237+08:00it's a bit hard to get into the team player mi...it's a bit hard to get into the team player mindset when your mates are on the take and your coach is on their sidejazzmutanthttps://www.blogger.com/profile/04128401921774373535noreply@blogger.comtag:blogger.com,1999:blog-18183714.post-69826757083413518242010-08-17T09:41:09.332+08:002010-08-17T09:41:09.332+08:00Malaysia is managed for the benefit of a small cot...Malaysia is managed for the benefit of a small coterie of conniving politicians and businessmen, not the 27 million populace. Those few privileged to power are very well off and not in the middle income trap. If anything, they are in the 'power corrupts' trap. They and their cohorts play destructive games to stay relevant and in power, they have little interest in improving the lot of all the 'others' in the trap, only in their own. This is one reality in Malaysia.Unknownhttps://www.blogger.com/profile/11319089626621803867noreply@blogger.comtag:blogger.com,1999:blog-18183714.post-44470156630430407882010-08-16T22:47:24.926+08:002010-08-16T22:47:24.926+08:00A pop quiz. What is the total amount spent on rese...A pop quiz. What is the total amount spent on research & development by the top 100 Malaysia companies by market cap ? My guess would be less than RM20 million. I am confident that I am not far mee the mark. My guess is that more money is spent on green fees than R & D.ronniehttps://www.blogger.com/profile/02874940085203831073noreply@blogger.comtag:blogger.com,1999:blog-18183714.post-73297600309723351992010-08-16T20:53:36.267+08:002010-08-16T20:53:36.267+08:00This, the most important blog post made.
Bad poli...This, the most important blog post made.<br /><br />Bad policies shooed away the brains of Ipoh.<br /><br />except one, it seems.<br /><br />hat's off.wallahttps://www.blogger.com/profile/17580252352785040456noreply@blogger.com