The Investor Sentiment - Equity and investments forum for Sri Lankans



Join the forum, it's quick and easy

The Investor Sentiment - Equity and investments forum for Sri Lankans

The Investor Sentiment - Equity and investments forum for Sri Lankans

Would you like to react to this message? Create an account in a few clicks or log in to continue.
The Investor Sentiment - Equity and investments forum for Sri Lankans

The Lankan Investor Forum - A more respectable and reasonable place for members to discuss matters regarding the CSEThe Lankan Investor Forum - A more respectable and reasonable place for members to discuss matters regarding the CSE

Please send an email to contact.lankaninvestor@gmail.com if you face any technical difficulties when posting

Search

 
 

Display results as :
 

 

Rechercher Advanced Search

Latest topics

» CIFC Dumps to Expand Your Possibilities to Pass Your Exam
Malaysia : The failure we copy - Page 2 EmptyFri Jul 19, 2024 10:30 am by faithhharris

» CCS.N0000 ( Ceylon Cold Stores)
Malaysia : The failure we copy - Page 2 EmptyWed Mar 20, 2024 11:31 am by Hawk Eye

» Sri Lanka plans to allow tourists from August, no mandatory quarantine
Malaysia : The failure we copy - Page 2 EmptyWed Sep 13, 2023 12:16 pm by lauryfriese

» When Will It Be Safe To Invest In The Stock Market Again?
Malaysia : The failure we copy - Page 2 EmptyWed Apr 19, 2023 6:41 am by කිත්සිරි ද සිල්වා

» Dividend Announcements
Malaysia : The failure we copy - Page 2 EmptyWed Apr 12, 2023 5:41 pm by කිත්සිරි ද සිල්වා

» MAINTENANCE NOTICE / නඩත්තු දැනුම්දීම
Malaysia : The failure we copy - Page 2 EmptyThu Apr 06, 2023 3:18 pm by කිත්සිරි ද සිල්වා

» ඩොලර් මිලියනයක මුදල් සම්මානයක් සහ “ෆීල්ඩ්ස් පදක්කම” පිළිගැනීම ප්‍රතික්ෂේප කළ ගණිතඥයා
Malaysia : The failure we copy - Page 2 EmptySun Apr 02, 2023 7:28 am by කිත්සිරි ද සිල්වා

» SEYB.N0000 (Seylan Bank PLC)
Malaysia : The failure we copy - Page 2 EmptyThu Mar 30, 2023 9:25 am by yellow knife

» Here's what blind prophet Baba Vanga predicted for 2016 and beyond: It's not good
Malaysia : The failure we copy - Page 2 EmptyThu Mar 30, 2023 9:25 am by HaeroMaero

» The Korean Way !
Malaysia : The failure we copy - Page 2 EmptyWed Mar 29, 2023 7:09 am by කිත්සිරි ද සිල්වා

» In the Meantime Within Our Shores!
Malaysia : The failure we copy - Page 2 EmptyMon Mar 27, 2023 5:51 pm by කිත්සිරි ද සිල්වා

» What is Known as Dementia?
Malaysia : The failure we copy - Page 2 EmptyFri Mar 24, 2023 10:09 am by කිත්සිරි ද සිල්වා

» SRI LANKA TELECOM PLC (SLTL.N0000)
Malaysia : The failure we copy - Page 2 EmptyMon Mar 20, 2023 5:18 pm by කිත්සිරි ද සිල්වා

» THE LANKA HOSPITALS CORPORATION PLC (LHCL.N0000)
Malaysia : The failure we copy - Page 2 EmptyMon Mar 20, 2023 5:10 pm by කිත්සිරි ද සිල්වා

» Equinox ( වසන්ත විෂුවය ) !
Malaysia : The failure we copy - Page 2 EmptyMon Mar 20, 2023 4:28 pm by කිත්සිරි ද සිල්වා

» COMB.N0000 (Commercial Bank of Ceylon PLC)
Malaysia : The failure we copy - Page 2 EmptySun Mar 19, 2023 4:11 pm by කිත්සිරි ද සිල්වා

» REXP.N0000 (Richard Pieris Exports PLC)
Malaysia : The failure we copy - Page 2 EmptySun Mar 19, 2023 4:02 pm by කිත්සිරි ද සිල්වා

» RICH.N0000 (Richard Pieris and Company PLC)
Malaysia : The failure we copy - Page 2 EmptySun Mar 19, 2023 3:53 pm by කිත්සිරි ද සිල්වා

» Do You Have Computer Vision Syndrome?
Malaysia : The failure we copy - Page 2 EmptySat Mar 18, 2023 7:36 am by කිත්සිරි ද සිල්වා

» LAXAPANA BATTERIES PLC (LITE.N0000)
Malaysia : The failure we copy - Page 2 EmptyThu Mar 16, 2023 11:23 am by කිත්සිරි ද සිල්වා

» What a Bank Run ?
Malaysia : The failure we copy - Page 2 EmptyWed Mar 15, 2023 5:33 pm by කිත්සිරි ද සිල්වා

» 104 Technical trading experiments by HUNTER
Malaysia : The failure we copy - Page 2 EmptyWed Mar 15, 2023 4:27 pm by katesmith1304

» GLAS.N0000 (Piramal Glass Ceylon PLC)
Malaysia : The failure we copy - Page 2 EmptyWed Mar 15, 2023 7:45 am by කිත්සිරි ද සිල්වා

» Cboe Volatility Index
Malaysia : The failure we copy - Page 2 EmptyTue Mar 14, 2023 5:32 pm by කිත්සිරි ද සිල්වා

» AHPL.N0000
Malaysia : The failure we copy - Page 2 EmptySun Mar 12, 2023 4:46 pm by කිත්සිරි ද සිල්වා

» TJL.N0000 (Tee Jey Lanka PLC.)
Malaysia : The failure we copy - Page 2 EmptySun Mar 12, 2023 4:43 pm by කිත්සිරි ද සිල්වා

» CTBL.N0000 ( CEYLON TEA BROKERS PLC)
Malaysia : The failure we copy - Page 2 EmptySun Mar 12, 2023 4:41 pm by කිත්සිරි ද සිල්වා

» COMMERCIAL DEVELOPMENT COMPANY PLC (COMD. N.0000))
Malaysia : The failure we copy - Page 2 EmptyFri Mar 10, 2023 4:43 pm by yellow knife

» Bitcoin and Cryptocurrency
Malaysia : The failure we copy - Page 2 EmptyFri Mar 10, 2023 1:47 pm by කිත්සිරි ද සිල්වා

» CSD.N0000 (Seylan Developments PLC)
Malaysia : The failure we copy - Page 2 EmptyFri Mar 10, 2023 10:38 am by yellow knife

» PLC.N0000 (People's Leasing and Finance PLC)
Malaysia : The failure we copy - Page 2 EmptyThu Mar 09, 2023 8:02 am by කිත්සිරි ද සිල්වා

» Bakery Products ?
Malaysia : The failure we copy - Page 2 EmptyWed Mar 08, 2023 5:30 pm by කිත්සිරි ද සිල්වා

» NTB.N0000 (Nations Trust Bank PLC)
Malaysia : The failure we copy - Page 2 EmptySun Mar 05, 2023 7:24 am by කිත්සිරි ද සිල්වා

» Going South
Malaysia : The failure we copy - Page 2 EmptySat Mar 04, 2023 10:47 am by කිත්සිරි ද සිල්වා

» When Seagulls Follow the Trawler
Malaysia : The failure we copy - Page 2 EmptyThu Mar 02, 2023 10:22 am by කිත්සිරි ද සිල්වා

» Re-activating
Malaysia : The failure we copy - Page 2 EmptySat Feb 25, 2023 5:12 pm by කිත්සිරි ද සිල්වා

» අපි තමයි හොඳටම කරේ !
Malaysia : The failure we copy - Page 2 EmptyTue Feb 14, 2023 3:54 pm by ruwan326

» මේ අර් බුධය කිසිසේත්ම මා විසින් නිර්මාණය කල එකක් නොවේ
Malaysia : The failure we copy - Page 2 EmptyTue Jan 03, 2023 6:43 pm by ruwan326

» SAMP.N0000 (Sampath Bank PLC)
Malaysia : The failure we copy - Page 2 EmptyWed Nov 30, 2022 8:24 am by කිත්සිරි ද සිල්වා

» APLA.N0000 (ACL Plastics PLC)
Malaysia : The failure we copy - Page 2 EmptyFri Nov 18, 2022 7:49 am by කිත්සිරි ද සිල්වා

» AVOID FALLING INTO ALLURING WEEKEND FAMILY PACKAGES.
Malaysia : The failure we copy - Page 2 EmptyWed Nov 16, 2022 9:28 pm by කිත්සිරි ද සිල්වා

» Banks, Finance & Insurance Sector Chart
Malaysia : The failure we copy - Page 2 EmptyTue Nov 15, 2022 5:26 pm by කිත්සිරි ද සිල්වා

» VPEL.N0000 (Vallibel Power Erathna PLC)
Malaysia : The failure we copy - Page 2 EmptySun Nov 13, 2022 12:15 pm by කිත්සිරි ද සිල්වා

» DEADLY COCKTAIL OF ISLAND MENTALITY AND PARANOID PERSONALITY DISORDER MIX.
Malaysia : The failure we copy - Page 2 EmptyMon Nov 07, 2022 6:36 pm by කිත්සිරි ද සිල්වා

» WATA - Watawala
Malaysia : The failure we copy - Page 2 EmptySat Nov 05, 2022 8:44 am by කිත්සිරි ද සිල්වා

» KFP.N0000(Keels Food Products PLC)
Malaysia : The failure we copy - Page 2 EmptySat Nov 05, 2022 8:42 am by කිත්සිරි ද සිල්වා

» Capital Trust Broker in difficulty?
Malaysia : The failure we copy - Page 2 EmptyFri Oct 21, 2022 5:25 pm by කිත්සිරි ද සිල්වා

» IS PIRATING INTELLECTUAL PROPERTY A BOON OR BANE?
Malaysia : The failure we copy - Page 2 EmptyThu Oct 20, 2022 10:13 am by කිත්සිරි ද සිල්වා

» What Industry Would You Choose to Focus?
Malaysia : The failure we copy - Page 2 EmptyTue Oct 11, 2022 6:39 pm by කිත්සිරි ද සිල්වා

» Should I Stick Around, or Should I Follow Others' Lead?
Malaysia : The failure we copy - Page 2 EmptyTue Oct 11, 2022 9:07 am by කිත්සිරි ද සිල්වා

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

5 posters

    Malaysia : The failure we copy

    yellow knife
    avatar
    yellow knife
    Top contributor
    Top contributor


    Posts : 6980
    Join date : 2014-03-27
    • Post n°26

    Malaysia : The failure we copy - Page 2 Empty Re: Malaysia : The failure we copy

    Post by yellow knife 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.


    Malaysia : The failure we copy - Page 2 Maxis-AK-Najib


    Last edited by yellow knife on Mon Oct 12, 2015 6:13 pm; edited 1 time in total
    • Back to top
    yellow knife
    avatar
    yellow knife
    Top contributor
    Top contributor


    Posts : 6980
    Join date : 2014-03-27
    • Post n°27

    Malaysia : The failure we copy - Page 2 Empty Re: Malaysia : The failure we copy

    Post by yellow knife 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.
    • Back to top
    yellow knife
    avatar
    yellow knife
    Top contributor
    Top contributor


    Posts : 6980
    Join date : 2014-03-27
    • Post n°28

    Malaysia : The failure we copy - Page 2 Empty Re: Malaysia : The failure we copy

    Post by yellow knife 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.

    Malaysia : The failure we copy - Page 2 Kuok-shangri
    • Back to top
    yellow knife
    avatar
    yellow knife
    Top contributor
    Top contributor


    Posts : 6980
    Join date : 2014-03-27
    • Post n°29

    Malaysia : The failure we copy - Page 2 Empty Re: Malaysia : The failure we copy

    Post by yellow knife 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.
    • Back to top
    yellow knife
    avatar
    yellow knife
    Top contributor
    Top contributor


    Posts : 6980
    Join date : 2014-03-27
    • Post n°30

    Malaysia : The failure we copy - Page 2 Empty Re: Malaysia : The failure we copy

    Post by yellow knife 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.

    Malaysia : The failure we copy - Page 2 2Q==

    Statues of North Korean Communist Leaders

    Malaysia : The failure we copy - Page 2 2Q==

    North Koreans built  statues in Africa

    Malaysia : The failure we copy - Page 2 236b6e8a8fb163d5357bda4bd2691d13
    • Back to top
    yellow knife
    avatar
    yellow knife
    Top contributor
    Top contributor


    Posts : 6980
    Join date : 2014-03-27
    • Post n°31

    Malaysia : The failure we copy - Page 2 Empty Re: Malaysia : The failure we copy

    Post by yellow knife 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.
    • Back to top
    HUNTER
    HUNTER
    HUNTER
    Top contributor
    Top contributor


    Posts : 1935
    Join date : 2014-07-14
    • Post n°32

    Malaysia : The failure we copy - Page 2 Empty Re: Malaysia : The failure we copy

    Post by HUNTER 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.
    • Back to top
    yellow knife
    avatar
    yellow knife
    Top contributor
    Top contributor


    Posts : 6980
    Join date : 2014-03-27
    • Post n°33

    Malaysia : The failure we copy - Page 2 Empty Re: Malaysia : The failure we copy

    Post by yellow knife 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...

    Malaysia : The failure we copy - Page 2 2Q==

    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)
    • Back to top
    yellow knife
    avatar
    yellow knife
    Top contributor
    Top contributor


    Posts : 6980
    Join date : 2014-03-27
    • Post n°34

    Malaysia : The failure we copy - Page 2 Empty Re: Malaysia : The failure we copy

    Post by yellow knife 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.

    Malaysia : The failure we copy - Page 2 2Q==

    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.
    • Back to top
    yellow knife
    avatar
    yellow knife
    Top contributor
    Top contributor


    Posts : 6980
    Join date : 2014-03-27
    • Post n°35

    Malaysia : The failure we copy - Page 2 Empty Re: Malaysia : The failure we copy

    Post by yellow knife 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.

    Malaysia : The failure we copy - Page 2 Z

    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.

    Malaysia : The failure we copy - Page 2 Z

    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. "

    Malaysia : The failure we copy - Page 2 The-mind-of-the-strategist-3-728
    • Back to top
    yellow knife
    avatar
    yellow knife
    Top contributor
    Top contributor


    Posts : 6980
    Join date : 2014-03-27
    • Post n°36

    Malaysia : The failure we copy - Page 2 Empty Re: Malaysia : The failure we copy

    Post by yellow knife 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.


    Malaysia : The failure we copy - Page 2 9k=




    Malaysia : The failure we copy - Page 2 0168_TP
    • Back to top
    yellow knife
    avatar
    yellow knife
    Top contributor
    Top contributor


    Posts : 6980
    Join date : 2014-03-27
    • Post n°37

    Malaysia : The failure we copy - Page 2 Empty Re: Malaysia : The failure we copy

    Post by yellow knife 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.

    Malaysia : The failure we copy - Page 2 Images?q=tbn:ANd9GcSewsmRkKqOQKQwp3opWnMR8fem40FDJ0yrVca_Jy1EgXv8Gib1
    • Back to top
    yellow knife
    avatar
    yellow knife
    Top contributor
    Top contributor


    Posts : 6980
    Join date : 2014-03-27
    • Post n°38

    Malaysia : The failure we copy - Page 2 Empty Re: Malaysia : The failure we copy

    Post by yellow knife 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.

    Malaysia : The failure we copy - Page 2 Books
    • Back to top
    yellow knife
    avatar
    yellow knife
    Top contributor
    Top contributor


    Posts : 6980
    Join date : 2014-03-27
    • Post n°39

    Malaysia : The failure we copy - Page 2 Empty Re: Malaysia : The failure we copy

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

    Malaysia : The failure we copy - Page 2 1110_e_title
    • Back to top
    yellow knife
    avatar
    yellow knife
    Top contributor
    Top contributor


    Posts : 6980
    Join date : 2014-03-27
    • Post n°40

    Malaysia : The failure we copy - Page 2 Empty Re: Malaysia : The failure we copy

    Post by yellow knife 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.

    Malaysia : The failure we copy - Page 2 20
    • Back to top
    yellow knife
    avatar
    yellow knife
    Top contributor
    Top contributor


    Posts : 6980
    Join date : 2014-03-27
    • Post n°41

    Malaysia : The failure we copy - Page 2 Empty Re: Malaysia : The failure we copy

    Post by yellow knife 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.

    Malaysia : The failure we copy - Page 2 F_5557_l
    • Back to top
    HUNTER
    HUNTER
    HUNTER
    Top contributor
    Top contributor


    Posts : 1935
    Join date : 2014-07-14
    • Post n°42

    Malaysia : The failure we copy - Page 2 Empty Re: Malaysia : The failure we copy

    Post by HUNTER 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....'
    • Back to top
    yellow knife
    avatar
    yellow knife
    Top contributor
    Top contributor


    Posts : 6980
    Join date : 2014-03-27
    • Post n°43

    Malaysia : The failure we copy - Page 2 Empty Re: Malaysia : The failure we copy

    Post by yellow knife 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
    • Back to top
    yellow knife
    avatar
    yellow knife
    Top contributor
    Top contributor


    Posts : 6980
    Join date : 2014-03-27
    • Post n°44

    Malaysia : The failure we copy - Page 2 Empty Re: Malaysia : The failure we copy

    Post by yellow knife 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.
    • Back to top
    yellow knife
    avatar
    yellow knife
    Top contributor
    Top contributor


    Posts : 6980
    Join date : 2014-03-27
    • Post n°45

    Malaysia : The failure we copy - Page 2 Empty Re: Malaysia : The failure we copy

    Post by yellow knife 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

    Malaysia : The failure we copy - Page 2 Perodua-scrapping-programme-faq-terms-condition-perodua-exchange-old-cars-perodua-viva-exchange

    Malaysia : The failure we copy - Page 2 Perodua_old_logo  Perodua old Logoa

    Malaysia : The failure we copy - Page 2 120px-Perodua_new_logoPerodua 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.

    https://forum.lankaninvestor.com/t6226-uml-n0000-united-motors-lanka-plc?highlight=uml+n0000
    • Back to top
    yellow knife
    avatar
    yellow knife
    Top contributor
    Top contributor


    Posts : 6980
    Join date : 2014-03-27
    • Post n°46

    Malaysia : The failure we copy - Page 2 Empty Re: Malaysia : The failure we copy

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

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

    Malaysia : The failure we copy - Page 2 1428481715029
    • Back to top
    yellow knife
    avatar
    yellow knife
    Top contributor
    Top contributor


    Posts : 6980
    Join date : 2014-03-27
    • Post n°47

    Malaysia : The failure we copy - Page 2 Empty Re: Malaysia : The failure we copy

    Post by yellow knife 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.

    Malaysia : The failure we copy - Page 2 Death+ride+copy
    • Back to top
    yellow knife
    avatar
    yellow knife
    Top contributor
    Top contributor


    Posts : 6980
    Join date : 2014-03-27
    • Post n°48

    Malaysia : The failure we copy - Page 2 Empty Re: Malaysia : The failure we copy

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

    Malaysia : The failure we copy - Page 2 Mahathir-soros
    • Back to top
    yellow knife
    avatar
    yellow knife
    Top contributor
    Top contributor


    Posts : 6980
    Join date : 2014-03-27
    • Post n°49

    Malaysia : The failure we copy - Page 2 Empty Re: Malaysia : The failure we copy

    Post by yellow knife 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 Malaysia : The failure we copy - Page 2 45645655
    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
    • Back to top
    nihal123
    nihal123
    nihal123
    Top contributor
    Top contributor


    Posts : 6327
    Join date : 2014-02-24
    Age : 58
    Location : Waga
    • Post n°50

    Malaysia : The failure we copy - Page 2 Empty Re: Malaysia : The failure we copy

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

    Thanks YK

    Very Happy
    • Back to top

      Current date/time is Sat Jul 27, 2024 7:47 pm