Author Archives: wcw

Sub-prime woes bother our market

MY STOCKBROKER friend calls me for two reasons – to exchange tips on hot stocks in Bursa Malaysia and, when the prices are rocketing, to heap praise on the Government about what a wonderful job it is doing. 

But business has been a little slow lately. So now he spends time reading the blogs and finding fault with the Government. Nothing seems right to him as the bearish market hits his pocket.  

If the Government had its way, it would certainly like the stock market to have a bullish run, at least until the general election. 

It knows the trickle down effects on the economy. Plenty of money in the people's pockets, especially urban voters, is the only feel good factor that matters. 

But external forces, beyond our control, have come into play with the elections just about six months away. 

The sub-prime mortgage crisis that hit Wall Street and spread across the United States has also affected the global markets. 

It may seem like a complicated financial issue but it is essentially the story of housing loan borrowers with bad credit history being given loans that they can no longer service. 

Those loans, popularly referred to as mortgages in the US, are known as sub-prime because the people they are given to are not prime borrowers. To American bankers, they are regarded as B-grade or second chance borrowers. Or worse, people who would normally not qualify for loans. 

These mostly lower income borrowers, such as the elderly and new immigrants, were told that they could get loans even higher than the value of their houses. 

They were promised low interest rates during the first or second year, and, as the prices of homes were then going up, they were told that they could refinance their homes to keep their payments down. 

But the housing bubble burst and these borrowers were suddenly told that their interest had been reset to double digits. They also found that they could no longer refinance their homes. 

Unable to cope with the number of loan defaulters, many lenders filed for bankruptcy sending shock waves through the economy. 

This crisis hit the United States because, for years, banks, hedge funds and lenders bluffed themselves and everyone else into believing that property prices would go up, borrowers would always service their loans and no financial institutions would go bust. 

It is a sick story of greedy financiers. After lousy borrowers got their loans, the lenders turned around and sold the loans to investment banks that in turn repackaged them for re-sale to investors. 

Working with rating agencies, these B-grade loans became “investment quality securities.” It is very much like a person from Harlem who has his social standing upgraded after moving to Manhattan with a new name and a new suit. 

With the possibility of millions of such B-grade borrowers losing their homes, panic buttons were pressed and it has now become much harder and more expensive to borrow. In economic terms, there is now a financial contagion. 

The US sneezed and the rest of the world caught a cold. 

From rating agencies such as Standard & Poor, Moody and Fitch Ratings, to poor federal regulators, lawyers can be expected to make tons of money filing suits against these agencies. 

The worse part is that no one can predict what will happen next and for the ordinary American Joe, the issue is murky and complex and all the financial jargon makes it difficult for him to fully grasp the great impact on his life.Here in Malaysia, Bank Negara has taken a cautious stand on the crisis, saying it is premature to make a conclusive assessment on its impact to Malaysia while a prominent local banker said he wasn’t worried as his businesses were tied to the Middle East, India and China. 

But what is certain is that Bursa Malaysia is expected to be trading on a “tight range” or in short, stock prices could be weak. 

We can only hope that the subprime mortgage crisis on Wall Street won't drag Main Street USA along.  

Over here in Malaysia, we just want to make a little pocket money for the festive season. Of course, it would be nice if the stock market is hot ahead of the elections.  

Mel Gibson’s heart is now with the environs

 By WONG CHUN WAI

FOR two weeks, actor Mel Gibson was just another regular guy in Bangsar in Kuala Lumpur. He walked into an Indian shop for his roti canai and teh tarik in Jalan Telawi and even tried banana leaf rice. 

He went to a gymnasium, shopped for groceries and played with kids at the house of a businessman where he stayed. 

For a big Hollywood name, not many Malaysians recognised him instantly. Many took a while to recognise the famous face and found it hard to believe that the man himself could be at their regular mamak shop. 

For one, Gibson looked smaller in real life. In some ways, he is a little shrunk, unlike the hunky stature that we are used to on the big screen. He even looks older. 

The American actor-producer-director is known for his roles in Mad Max and Lethal Weapon. In 2004, he produced and directed Passion of the Christ, the eighth-highest grossing film in history, and is regarded by Forbes magazine as one of the most powerful celebrities. 

On Tuesday, my colleagues and I were invited to meet the 51-year-old Oscar winner at his suite at the Ritz Carlton Hotel in Singapore. 

Together with Malaysian businessman Datuk Vinod Sekhar, he was preparing to talk to delegates at the Forbes Global CEO Conference. 

Wearing a chequered shirt, a blue blazer and matching denim jeans and “recycled US$10” brown Crocs slip-ons from Costa Rica, Gibson wanted to talk about a new passion: the environment. 

Gibson is known for his philanthropy to the indigenous people of South America but not so for the green cause, espoused by actors like Leonardo DiCaprio. 

But that seems set to change now with his involvement in Green Rubber Global, a tyre-recycling company. 

Green Rubber is a subsidiary of the Petra Group of Companies headed by Vinod.  

It was Vinod's father, Tan Sri B.C. Sekhar, fondly known as Mr Natural Rubber, who pioneered the Delink techonology that Green Rubber is using to turn old rubber into new. 

The technology essentially reverses the process of vulcanised rubber, thus transforming them back into their original raw state and make them usable again for high-end applications.  

Gibson tells his listeners that he has taken up the cause because “I have seen the process and it blew my mind,” rattling off figures “that there are over two million tyres in dumpsites awaiting disposal, the number-one waste hazard in the United States.” 

The shareholders of the company, which also includes actor Bruce Willis, believe that by 2020, China and India would have gobbled up all the world’s rubber supply. 

The worldwide deficit would make the recycled rubber valuable. And profitable, of course. 

Not everyone is convinced of the reliability and even practicability of the process. There is strong resistance from the rubber industry, while others claim the equipment would be too expensive. 

But Vinod has set up a factory in Sungai Buloh, Selangor, and another one will soon come up in New Mexico in the United States. 

Gibson’s new green image has certainly generated huge interest, even among the serious businessmen attending the conference. Seasoned reporters, used to meeting celebrities, jostled to pose for photographs with Gibson. 

He even did an impromptu tap dance on stage before the panel discussion started. 

The moderator of the panel discussion had to remind the delegates that “there should be no movie-related questions.” 

Gibson told his attentive listeners that pushing the environment cause was difficult because “I use disposable razor” and “use wood to build houses.” He believed education and marketing would help. 

His last film, Apocalypto, was about the decline of the Maya civilisation, which reached its peak around 600. 

“It deals with the destruction of environment in a subtle way,” he said, adding that he would consider making a movie about the environment. 

“I did not learn enough in school, I did my learning as I moved along but I will see what I can do.” 

Asked whether he would make a movie about recycling rubber, he told a reporter that “maybe it could be called Stretch.” 

Gibson, who owns an island in Fiji and multiple homes in California, said he would be heading to the Pacific for a rest. 

The man who was spotted at Singapore’s banana leaf Apollo Indian Restaurant in Race Course Road said he would be returning to Malaysia. And, of course, Bangsar.

All we wished for – and more

In many ways, it was a Budget for Malaysian families. It struck a chord for many Malaysian wage earners who have to juggle with their household expenses and worry about everyday matters like housing, transportation and safety. 

For parents with schoolgoing children, they would probably welcome the news that from next year, the textbook loan scheme would be provided to all students regardless of their families’ income and with no restriction on the number of eligible children. 

That wasn’t all. Abdullah said that effective 2008, there would be no more annual fee for primary and secondary schools. Last year, the Government abolished examination fees for the PMR, SPM and STPM. 

Many of us, in our 40s and 50s, can probably recall that some of our parents could not afford to pay for our examination fees and the number of papers we sat for our exams was based on what we could afford. 

Even after we passed our examinations, the number of universities and colleges was limited. Today, we have lost count of the number of our public universities and private colleges with twinning programmes, with young Malaysians able to get foreign university degrees without even setting foot overseas in many disciplines. 

Free uniforms 

To encourage participation in school uniformed units, the Government is providing a free uniform for one activity for school students from families with a monthly income of RM1,000 and below. It would have been better if the ceiling was higher as for many in the major towns, even a RM2,000 household income is a struggle. 

But the most important item was the Government’s move to make owning a house affordable, especially those without fixed income, such as farmers and small traders. The setting up of a fund to provide guarantees to two banks, with an initial allocation of RM50mil, is unprecedented. 

Abdullah went one step further by announcing that EPF contributors could make monthly withdrawals for the financing of their home loan repayments, which is a major burden for most of us. 

If the other goodies seem to benefit only the lower income, the home loan repayment scheme would help the majority of middle-income Malaysians. It would be a big step towards improving their quality of life. 

This is a major move which would benefit the five million EPF contributors, cutting across all races and religions. This is truly a Malaysian gift in the first Budget after the country’s 50th independence, and is expected to involve up to RM9.6bil annually for the purchase of houses. That aside, RM381mil has been set aside for the implementation of low-cost housing programmes. 

It was good to hear the Budget committing to a comprehensive public transportation system, including rail and bus network in major cities, with over RM12bil to improve the traffic system in Kuala Lumpur and Penang. 

It is important to note that the people’s complaints of increasing crime have been taken seriously by the Government. A sum of RM6bil has been allocated for the police. 

The key words used by Abdullah were “police presence” and “visibility” – that means we hope to see policemen on the beat or in their patrol cars, not just stopping motorists by the roadsides, which, unfortunately, seems to be the perception of many Malaysians.  

With an additional 2,000 cars, 1,900 motorcycles and 1,600 laptops, this would help the police fight crime more effectively. 

Tackling crime 

The use of London-style camera surveillance would also go a long way in helping the police to eliminate crime as photographs would be recorded more effectively. To supplement the network cameras in busy streets, shopping areas, airports, bus and train stations, studies have shown that improved lighting in crime-prone areas are essential.  

As the plan involves recruiting 60,000 new personnel over the next five years, the force should seriously consider holding walk-in interviews in designated places such as schools, shopping complexes and community halls. 

The Higher Education Ministry has adopted such a method and has successfully recruited many lecturers. Such walk-in interviews also mean more transparency. There is no reason why the police, with the support of Chinese associations, cannot hold such recruitment exercises to encourage more Chinese to join the force. 

A racially balanced, decently paid police force with fair promotion prospects that would attract good talent is essential as policing becomes more sophisticated. It means recruiting graduates in accountancy, law, chemistry, forensic science and information technology, 

Without doubt, it has been a Budget with plenty for all, focusing on the bread-and-butter issues. It will be hard not to think of it as an election budget. 

Malaysians at a crossroads

FORMER top policeman Tan Sri Rahim Noor is a righteous man. To be precise, he is a true Malaysian patriot, unlike many politicians who make such self-proclamations but with no record to prove it.  

Last week, the ex-Inspector General of Police made a bold statement: he said that if he were to be reborn, he would want to be a “complete Malaysian”.  

In short, he would not want to be identified by his race. 

All he wants is that his identity card merely state that he is a Bangsa Malaysia, nothing more. He has even gone one step further: he feels there is no need for his religion to be stated on such documents, as that is strictly a matter between him and God. 

“I am not being emotional but only want to be a Malaysian,” said the man who has been through Malaysia’s darkest moments, including fighting communist insurgents and seeing the end of the struggle against the Communist Party of Malaya. 

Rahim, who served for over 30 years in the force, including as Special Branch director, said he was also concerned that certain people had exploited religion to the extreme. 

These are surely powerful words that would make many of us sit up. He may have his flaws, but how we wish more of our leaders would pay attention to and, more importantly, take in what Rahim has said. 

After 50 years as a nation, why should Malaysians be made to feel guilty when we talk about forging Bangsa Malaysia, Rakyat Malaysia or, for that matter, anak bangsa Malaysia? 

We can call it by any other name for political correctness but the point is that it is the common aspiration and hope of any right thinking Malaysian to feel that they are one – one country, one nationality and one destiny. 

No one should be made to think that the hopes and aspirations that our founding fathers had fought for have been whittled away because of racism, chauvinism and intolerance. 

Like Rahim, many Malaysians are worried, rightly or wrongly, that what has divided the people has become more defined than what unites us. Only the ignorant would claim there are no signs of polarisation along ethnic and religious lines. 

There are good reasons why we are concerned because it is the unity and tolerance among the three major races that have brought the country its independence and glued this nation together for the last 50 years. 

If our countrymen, on the eve of independence in 1957, were overcome with mixed emotions of optimism, uncertainty and doubts, there are plenty of good reasons why we are also in a similar mood. 

In the minds of many Malaysians, we are at a crossroad and the road that we take would determine our destination in the next 50 years. 

In the words of Tan Sri Ramon Navaratnam, it would be whether we take the Prime Minister’s Jalan Adil (Road to Fairness for all Malaysians) or the Jalan Ketuanan (Road to Dominance) that some chauvinists want to pursue.  

The two other choices are Jalan Tidak Apa (Indifference), which comprises Malaysians who accept any trends or developments because of the perception that there is nothing they can do; and Jalan Keluar, where fearful and unsure Malaysians talk of migrating because they have lost hope in their country. 

We are at a transition. If Rahim, a man who has fought every form of the country’s traitors, can talk about a Bangsa Malaysia, let no one threaten us to stop talking about this Malaysian hope. 

No one can stop change. The Malaysian media still talk about a group of ageing politicians who stormed into a police station to lodge a police report against a particular blogger but the group reportedly did not know how to surf the Internet and a reporter had to be roped in to search for the website in question. 

Then there is another leader who is talking about taking action against Youtube, the video sharing portal, presumably not knowing that there are no Malaysian laws against portals and websites registered overseas. 

Yet another politician compared bloggers to communists and leftists, political terms which have become meaningless to the younger generation.  

It is a little scary because the statements of these leaders have given the impression of how cut off they are from Generation Y. With their Ipods, MTV and Google, Generation Y is not tuned in to these leaders.  

Think about these facts and statistics: Malaysians who are 30 years old next month were just born when Saturday Night Fever was shown; and around this time, the TV remote control was introduced. Yet, they seemed not too long ago. 

If many Malaysians are worried that some leaders are lost in the digital divide, they are equally concerned that bright political wannabes, some with impressive British and American academic credentials, are not introducing fresh ideas to politics but have latched on to the tired formula of race to climb the party ladder. 

Communal politics, like the political ideologies during the Cold War, would eventually disappear. The demography of Malaysia has changed so fast, much more than what the people have noticed. 

Fifty years ago, the Alliance had only three major parties but today the Barisan Nasional has 14 component parties. Among the opposition, there are other alternatives besides DAP and PAS. 

In a country of 25 million people, there are over two million foreigners, the legal ones that is. In short, as the Chinese population dwindles, there are now more Indonesians, Bangladeshis, Nepalese and Myanmars than the two million Indians. 

The political landscape is set to change over the next 50 years, whether we like it or not. There may no longer be enough boxes for just Malays, Chinese, Indians dan lain-lain (others) when we fill our forms because, as much we want foreigners to only work here, many would also stay back. That is the history of immigrants anywhere in the world and Malaysia is no exception. 

Tan Sri Rahim, you have our highest respect for speaking up for most Malaysians who share the belief that we just want to be known as Bangsa or Rakyat Malaysia – nothing more and nothing less. 

Being known as Malaysian does not dilute one’s ethnic, religious and cultural identity. After 50 years, there should be no more such fears. We hope we don’t need to wait for another 50 years to see this become a reality.  

Missing out on the magic

FOR a long, long time, I thought Tunku Abdul Rahman only made the Merdeka cry three times, no thanks to the archive footage that we see on television. The first Prime Minister actually made the historic cry that reverberated across the stadium seven times, but none of my teachers told me that. 

In fact, my ignorance continued until I became a journalist. I found out about the “deep, excited response” which “echoed in the crowded stands to be flung back again by the amplifying horns” – that was how The Sunday Times issue of Sept 1, 1957, reported that event.  

The page one story, with the headline “This is it” and sub-heading “Across a stilled stadium, the magic words of nationhood”, was written by one Allington Kennard, presumably a white man. 

The front-page picture wasn’t of the Tunku raising his hand to proclaim Independence. Instead, the picture showed the Tunku bowing to the Duke of Gloucester, the Queen’s representative, as he received the Constitutional Instrument. 

Priced at dua kupang (20 cents), the newspaper, which is now stored in microfilm form at the National Archives, remains one of the best records for young Malaysians like me who want to know about Aug 31. 

My school teachers and university lecturers never told me that by 2am, people had gathered at the Padang, what is now known as Dataran Merdeka, and an hour later, Merdeka Stadium started to come to life. 

But there was a “blustering storm” and “a grey and clouded dawn threatened the day with ruin” with “nearly 2,000 men of the Federation forces billeted in schools not far from the stadium, paraded in driving rain” and “they were soaked to the skin”. 

 

Full of colour 

At the stadium field, it was reported, “the film and television cameras were stacked on their tripods like some strange stadium harvest, protected against the rain by plastics and oil skins”. It was dramatic. That was how the white man reported, with plenty of colour, that historic day.  

But the rain stopped at the right time. Reading the report, which gave me goose pimples occasionally, I knew why Malaysia remains a lucky country after 50 years. God was, and remains, kind to us all. 

Walking from the dais, shouts of “Merdeka rose again and again, as the storm “disappeared over the hills, now the sun lavished its lustre on a brilliant scene, on the sparkling stands, the glittering uniforms, the incredibly gaily hued throng on the embankments of the stadium.” 

That's awesome. And yet no one told us that. 

The ceremony didn’t end at Merdeka Stadium as Malaya’s first King was later sworn in at Istana Negara, witnessed by the Tunku and his Cabinet. The Governors of Penang and Malacca – Sir Raja Uda and Leong Yew Koh respectively – were handed warrants of appointment. 

In the evening, tiaras, champagne and even a dancing princess were the highlights at Balai Rong Seri. Dinner comprised grapefruit, sharks fin soup, nasi pulau, roast chicken, curry kurma and sambal.  

It was reported that after dinner “a strikingly attractive Malay princess, Tengku Nor Asiah, 20, captivated the guests with a performance of a century-old Kelantan love dance – the Tari Ashek.” 

Outside, on the lawn, there was a dragon dance, 14 joget dancers and an Indian temple dance. “A talented group of singers from Malacca entertained the guests with Portuguese, Malay, and other songs.”  

It was very multi-racial and classic Tunku, making sure every race felt they had a place in this newborn country. 

It was real and not some form of tokenism, which we sometimes see at some cultural fare. Malaysia is made up of three main racial groups, why be shy about it. There is no need to be apologetic. 

I cannot imagine the joget dancers making their appearances at official functions now. In fact, they have disappeared completely as religious conservatism chips away at the face of Malaysia. The nearest we have now is poncho poncho, a form of line dancing.  

The beautiful Malay culture with its gentleness, which we love so much, seems to be losing its ground to Arab culture. 

Who would have thought that the elegant kebaya would at one point almost become extinct but for the active intervention of the late Datin Seri Endon Mahmood; and for that matter, the wayang kulit and mak yong in Kelantan? 

That wasn’t all. On the eve of National Day, the Tunku who was speaking at the Alliance rally remarked: “Humble yourself before God, whether it be in mosques, churches and temples or in our homes, Give thanks to Him for His blessing He has showered upon us.” 

It took a great leader like the Tunku, truly a leader of all Malaysians, to make such a statement. Such openness has become a rare commodity, in some ways, in Malaysia 2007. 

The Straits Echo, a Penang-based newspaper, on its Aug 31 issue, had the apt headline “Birth of a new nation – Tunku hailed as Father of Independence”. 

The Pinang Gazette and Straits Chronicle, another English daily based in Penang, reported on Aug 28 that mosques in Penang and Province Wellesley held special Merdeka sermons, which were prepared by Haji Ahmad Badawi, the father of Prime Minister Datuk Seri Abdullah Ahmad Badawi.  

It reported that a four-page Jawi typewritten sermon was made available to every mosque in the state. 

The newspaper also reported the anxiety of titled community leaders as independence approached. They wanted to know whether their decorations, medals and honours conferred by the British government could still be worn after Merdeka and whether Justices of Peace, appointed by the British government, would be able to perform their functions from Sept 1, 1957. 

For the ordinary Malayans on Aug 31, it was a holiday. Dendam Pontianak, which starred Maria Menado, was screened at the Odeon in Kuala Lumpur and Penang to full houses.  

(Remember at one time, an Information Minister banned such horror movies during the 80s but luckily sanity has prevailed and we are back to watching such locally-made movies of this genre.) 

The rival show was Kaseh Sayang, which had Aziz Sattar and Normadiah in the lead. Burt Lancaster’s Gunfight at the O.K. Corral was the English choice for most moviegoers. 

 

Good old days 

Young Malayans were swinging to Pat Boone’s Love Letters In The Sand and Elvis Presley’s Teddy Bear, which were on top of the charts in the United Kingdom and United States. Rock and roll was the order of the day with the young and restless dancing to the beat of Bill Hayley and the Comets. 

In sports, the Malayan soccer side ranked among the top in Asia with the ability to compete against the best Asian teams; 50 years later, we have gone down the pits. Very much like our politics, you may say. 

At the Rex Cinema in Kuala Lumpur, the hottest item was a live show by a four-woman group from Australia, who called themselves Bubla Folies, a slick dance team.  

Alas, some of us would frown on that, too, today. Who would have thought that the Gwen Stefani concert would be an issue after 50 years and why do we even bother to entertain this group of PAS-inclined students, who should be more worried about passing their exams, improving their English and making themselves employable?  

They are just a group of small but vocal minority and certainly the majority should never submit to their wishes. It’s the tyranny of the minority that Malaysians have to stand up to if we want to keep the Malaysia we love. Malaysia is not Afghanistan, Pakistan or Iran, let’s be clear. 

Aug 31, 1957 – I wasn’t born then. The retired teachers and the older folks tell me that things were better then, perhaps out of nostalgia.  

We have had the best times, the worst times and, surely, there can be better times but Malaysia will remain our home, that’s for sure.  

 

 

Selangor Sultan: Keep politics out of N-Day celebrations

 

SHAH ALAM: The Sultan of Selangor wants politicians in the state, regardless of which parties they belong to, to put politics aside and refrain from bringing up contentious issues ahead of the 50th National Day celebrations. 

Sultan Sharafuddin Idris Shah said he did not want anyone to dampen the mood of the celebrations but to instead instil the Malaysian spirit. 

“The celebrations are a once-in-a-lifetime event, keep the politics out for the time being. I want the people to focus on the common issues and be proud of Malaysia as one people. 

“The politicians, regardless of their parties, can have all the time they want to talk about politics after National Day but for now, I do not want to hear any issues that can hurt the feelings of any community,” he said. 

Sultan Sharafuddin: ‘No one race could have brought Malaysia to what it is today’

The Sultan said he wanted Malaysians to understand that the country's independence was achieved through the unity of all the major races. 

He said that unity, through the sharing of political power, had continued until today and that it should be emphasised by the politicians. 

“National unity, involving the Malays, Chinese and Indians, brought us independence and subsequently, through the unity of the other ethnic groups, helped us form Malaysia. 

“Let no one forget that we achieved independence because of that. No one race could have brought Malaysia to what it is today,” he said in an interview. 

The Sultan expressed his unhappiness over statements brought up by various politicians of late on race and religion, saying these were issues that no one should harp on. 

The state head of Islam said Islam was the country’s official religion and its position must be respected. 

“But I also want Muslims to respect the religions practised by other Malaysians.” 

He said no politician or group should attempt to gain popularity by stirring up such issues, as Malaysia was a multi-racial country. 

“This country belongs to all Malaysians regardless of their race and everyone has a right to feel as Malaysians. This should be emphasised, particularly as we celebrate the National Day together,” he said. 

He also said that in such a short time, Malaysia had attained notable economic success because of the country’s political stability. 

Malaysia, he said, was blessed and Malaysians had often taken for granted that stability because they had never gone through hardship, especially the post-Merdeka generation. 

Sultan Sharafuddin also said that he has directed all government agencies and schools in the state to fly the national flag. 

“The national flag can take precedence over the Selangor flag in this period,” he said. 

He said Selangor wanted to stress the purpose of national unity by flying only the Jalur Gemilang

The Sultan said that on Aug 27, all the palaces of the Selangor royal house would fly the national flag, which had never been done before.  

Related Story:

Sultan expresses concern over host of issues

SHAH ALAM: Immediate action must be taken to check corruption, bureaucratic red tape, race problems, religious intolerance, the brain drain and crime, the Sultan of Selangor said. 

Sultan Sharafuddin Idris Shah said Malaysia had achieved tremendous progress over the last 50 years. 

Describing Malaysia as a blessed country, he said the people certainly had much to be thankful for but should not rest on their laurels as Malaysians also needed to take stock of what the country needed to do in the next 50 years. 

“Corruption is still a problem, which the people are very concerned about, and more effective action needs to be taken,” he said. 

Describing corruption as a cancerous cell, the Sultan said if graft could not be wiped out, it should be checked effectively. 

He also took to task government agencies that continued to slow down approvals for foreign investors, saying the lackadaisical attitude of some government servants had affected the investment momentum. 

“They must change their mindset because delays mean escalating costs and lost job opportunities, which may even lead to corrupt practices,” he said. 

The Sultan said he was upset because the mindset of some people had not changed, saying he feared investors may move to neighbouring countries which were very competitive in attracting investors. 

Selangor, he said, was one of the country’s most important states and he needed to emphasise this. 

In a strongly worded interview, the Sultan said he had given Mentri Besar Datuk Seri Dr Mohamed Khir Toyo a deadline for applications after the end of an investment promotion trip. 

He acknowledged the Federal Government had set up the Special Task Force to Facilitate Business (Pemudah) to fast-track procedures and transactions between the Government and private sector. 

“That is good but more needs to be done because the feedback from investors is that there is a greater need for a bigger push. Time waits for no one. We do not want investors to be discouraged from investing in Malaysia, as our neighbouring countries would also be willing to accept them.” 

The Sultan also expressed his concern over the country’s brain drain, saying talented young people were leaving the country. 

“No one, irrespective of his race, should be denied any opportunities. I am sad to see good people being lost to other countries,” he said. 

He said Singapore was the greatest benefactor and that even the Singapore National Library was designed by a Malaysian. 

In another case, he said, a highly qualified Malaysian academic was not accepted by local universities but was invited by the National University of Singapore to head a department. 

The Sultan feared talent from the tourism and hospitality sectors would be affected when the island republic’s integrated entertainment resorts opened. 

On race relations, he called for the young to have friends from other races, saying this was important. 

He said Tunku Abdul Rahman was very particular about national unity and as the nation celebrated Merdeka, no one should forget his legacy of insisting on racial harmony. 

The Sultan urged the people in Selangor to reject any form of racial and religious intolerance. 

“Islam respects other religions and other religions must also respect Islam,” he said, adding multiracialism must be instilled at primary school level. 

“If there is a need to re-evaluate our school system, then our authorities must do so to promote better racial harmony,” he said. 

On crime, he said the police needed support from the people as they lacked manpower and facilities to fight crime. 

The Sultan said he had asked the Selangor state government to install more CCTVs as a way to check crime. 

He said he was aware Selangor had the highest crime rate because of the influx of people from other states and foreigners to work in the state. 

On the environment, he said the state had planted over a million trees while the palace had committed itself to planting 5,000 trees on its grounds. 

“The environment is our concern and will remain so. Tree replanting is essential,” he said, adding that tree-planting efforts in Bukit Jelutong were commendable. 

The Sultan said he was also upset with the use of his name by unscrupulous people for securing state awards or low-cost houses. 

“I am disheartened by such people because Selangor does not sell state awards, that is clear, even to the people. 

“But I am glad that the people in Selangor have taken the trouble to call the palace to verify claims from such dishonest people,” he said. 

The Sultan said the people could call his private secretary Datuk Mohamed Munir Bani at 03-5519 4242 or e-mail istanamastika@yahoo.com to check. 

He said the palace believed in transparency and would be pleased to get feedback from the rakyat on developments in Selangor.  

A night out with Branson

IT’S 8.30pm on a Friday night, some time before the party crowd in Jalan Telawi packs into the many fancy restaurants and pubs in Bangsar.  

At the newly opened Rick’s Cafe Casablanca at One Bangsar, Sir Richard Branson walked in with a few AirAsia staff.  

In his blue jeans and cotton long-sleeved shirt, the British billionaire walked towards a handful of guests for the private party.  

“Hi, I am Richard, nice to meet you guys,” said the grinning icon, who owns over 300 companies under the Virgin label, including Virgin Airlines and Virgin Megastores, as he extended his hand.  

Clearly relaxed and comfortable, one of the richest men in the world had just generated a storm at a ceremony to announce Virgin Group’s decision to take a 20% stake in AirAsia’s long-haul carrier, AirAsia X.  

He had attended the function wearing a traditional Malay outfit and headgear – no surprise to those who know Branson and AirAsia chief executive officer Datuk Tony Fernandes.  

Both businessmen love to execute public relations exercises and, in the case of Branson, pulling unnerving, even ludicrous stunts.  

The bearded blond-haired Briton had wanted to land for the ceremony in Putrajaya in a hot air balloon but Fernandes talked him out of it as the administrative capital was just too near the KL International Airport.  

Branson has been involved in a number of world record attempts since 1985 on his hot air balloon, including crossing the Atlantic Ocean in the fastest recorded time.  

Between 1995 and 1998, he and Steve Fossett made a number of attempts to circumnavigate the globe.  

In 2004, he decided to travel across the English Channel in an amphibious vehicle and, again, he smashed all records.  

“I was told to be practical this time,” he laughed, finally settling for the Malay warrior headgear, which of course was another record.  

Datuk Seri Najib Tun Razak, too, could not resist laughing at Branson’s publicity stunt when the two met at the Deputy Prime Minister’s residence.  

Najib, who was also wearing his baju Melayu for his Friday prayers, took a look at Branson and said: “At least there is something we have in common.”  

Although this is not Branson’s first trip to Malaysia, he has been soaking in the hospitality. At the ceremony, he took Freddie Laker Jr aside, and pointed out to him the reporters representing the Malay, Chinese, Indian and English media.  

“That’s Malaysia for you. They are Malaysians and they come from different races, and they all speak English,” he said.  

Freddie Laker Jr was invited to Kuala Lumpur for the event by Fernandes. The late senior Laker was the role model of Branson and Fernandes.  

The man started Laker Airways, the first budget airline, in 1966. It went bust in 1982, buckling under intense competitive pressures. It was tagged one of Britain’s greatest corporate failures at that time but many ordinary Britons donated money in an attempt to save that airline.  

But what struck the group of guests was Branson’s approachable and down-to-earth manner. As this writer sought the help of a waitress to take a photograph with him, he insisted that I return the favour by clicking another picture of the waitress and him.  

One prominent chief executive officer was starstruck and could not stop counting his lucky stars as Branson sat next to him. Knowing his easy style, the host had sensibly insisted on no protocol and free seating for dinner.  

As the party began, with Black Eyed Peas’ Mas Que Nada blaring out from the speakers, Branson walked towards the AirAsia crew present, including a few invited from Thailand. Branson must have charmed them.  

His magic was to make his listeners feel comfortable and showing them he was interested in what they were doing.  

To the invited journalists, he insisted on details like the circulation, the readership profile and thrust of their newspapers.  

Branson, after all, started his first business in London publishing a successful magazine called Student.  

On Saturday morning, he flew to New York on a chartered AirAsia flight to make sure he was on time for his daughter’s birthday party.  

Both Branson and Fernandes have shown that CEOs can be hip and cool; that’s surely a lesson for our Malaysian businessmen.  

A lift for Banggi folk

IT is the biggest island in Malaysia, and yet Pulau Banggi, located on the northern tip of Sabah, is virtually unknown to most Malaysians, especially those from the peninsula.  

It would not be wrong to describe Pulau Banggi, just an hour’s boat ride from Kudat, 190km north of Kota Kinabalu, as the country’s most forgotten island.  

Obviously neglected by the state's politicians, the 440 sq kilometre island has one of the highest poverty rates in the country.  

I had the opportunity of making a trip to this island a few years ago. Spending a night in a hotel located above a Chinese coffeeshop in Kudat, I flew to the island by helicopter.  

The then Chief Minister Datuk Yong Teck Lee told me that semenanjung journalists had to open their eyes to see why rural development was important.  

I have never forgotten what I saw on that island. The majority of the people had no access to basic amenities like electricity and piped water supply and fixed-line telephone.  

It was a shock for me to see Malaysians walking around the villages wearing just loincloth. 

But that was 10 years ago. I believe there has been much improvement since then but it's still not enough. 

I remember telling myself that their representative, Datuk Amirkahar Tun Mustapha, whom the people kept returning to the constituency, had not done much to improve the place.  

The 56-year-old politician was first voted to the Banggi seat in 1985 as an Usno candidate and remained as one to this day. In the 2004 polls, he won with a narrow 392-vote majority against an independent candidate and another from Parti Keadilan Rakyat.  

He has been lucky. To put it mildly, he needs to do a “quantum leap” for his faithful constituents if he still wants to represent them. 

The chaotic politics in Sabah then, where voters lose track of the elected representatives' political affiliation, also meant that development in their areas remained on the backburner.  

The visit not only opened my eyes but also stirred me. The images of the people there remained until today.  

Next week, the Prime Minister will travel to this island to launch a programme to help these 20,000 people, who comprise the smallest group of the indigenous people of Malaysia.  

Among the largest ethnic groups are the Bonggis who speak Molbog, a language of the southern Palawans in the Philippines, and the Orang Sama, who are known as the Sea Gypsies.  

Under the Government’s High Impact Rural Development Programme, via the agropolitan concept, 2,600ha have been set aside by Felcra Bhd for rubber planting and fishing cultivation.  

The majority of the islanders are fishermen but Felcra has plans to turn them into settlers by employing them as rubber-tappers for a start.  

The settlers may eventually generate an income of between RM900 and RM1,200 a month, which will be a quantum leap for them. 

About 300,000 rubber seedlings will be brought in from the peninsula and planted on the island, where 3,000 people are regarded as the hardcore poor.  

The Government has also planned to set up a hybrid solar system to provide them electricity supply on a 24-hour basis. 

Education Minister Datuk Seri Hishammuddin Hussein Onn had made a trip to Pulau Banggi recently. At present, the children there often have only four days of schooling as the teachers, all from the peninsula, stay on the mainland.  

Many of the children walk to school with no shoes on, according to Rural and Regional Development Minister Datuk Seri Aziz Shamsuddin, who has a strong understanding of the problem in Sabah.  

“Many (of the local people) had never seen RM500 in their entire lives, and when they got their salaries, many bought shoes for their children, who had to walk to school without shoes daily,” he said.  

A government official said some of the Felcra participants of Pulau Banggi had never left their home before although Kudat was just an hour away.  

When a workshop was held in Kudat recently, several of them had to be taught how to turn on the tap at the hotel while others used the lift for the first time.  

There is much to be done and Datuk Seri Abdullah Ahmad Badawi must be commended for remembering the people of Pulau Banggi.  

He has decided to change the lives of these people and every effort must be made to ensure the success of this project after the fanfare of the launch is over.  

Security needs to be beefed up to ensure that illegal immigrants, who have long been a thorny problem on the island, do not get the slice of the cake.  

There was a plan to log 4,000ha of timber land involving powerful Sabah businessmen and South Koreans but this was stalled following protests by the islanders.  

Give the people of Pulau Banggi, who have long been loyal voters of the Barisan Nasional, a chance. The electoral code for Banggi is N1 but unfortunately, it has remained neglected. 

However, now that the Prime Minister has given his personal attention to the place, the politicians in Sabah have better sit up. 

Pick on a worthy issue

IT was merely a news item in a newspaper known more for its sensational news on crime and celebrities. Most Malaysians probably did not even know about the controversy as it was ignored by major dailies, but it did make its way around the world. 

From the United States to Down Under, the call by the National Union of Malaysian Muslim Students to ban Gwen Stefani’s concert in Kuala Lumpur on Aug 21 was given coverage. 

The student group claiming to have 10,000 members achieved notoriety with a statement by its vice-president Abdul Muntaqim who purportedly said that the singer’s performance and attire were not suitable for Malaysian culture. 

He reportedly said “it promotes a certain degree of obscenity and will encourage youths to emulate the Western lifestyle”.  

Union president Mohamed Hilmi Ramli warned that the concert be cancelled, “failing which we will ask the authorities to intervene”. 

Fuyoh! I am not sure whether Abdul Muntaqim and Mohamed Hilmi have watched Stefani’s videos but, seriously, my friend, no MTV fan can agree with you that flat-chested Stefani would fall under the sexy category. 

Like many Malaysians, I am deeply troubled by the perception of these students.  

The American singer, who is a mother of one, does not have an image problem and neither is she a frequent rehabilitation visitor, like Britney Spears or Lindsay Lohan. If we look at our own shores, we have Jamal Abdillah. I don’t recall the union pressing for a ban of his shows. 

Yes, we can expect the diva, who has sold over tens of millions of albums worldwide, to kick up a storm with her Harajuku Girls, the four back-up singer-dancers from Japan, but certainly none of us would suffer moral decay, as the paranoid students fear.  

The students are of course entitled to their views although I am surprised that they even deserve a space in that newspaper or that a reporter could have called them up for reaction to spice up the story and create controversy. 

But how we wish that these students would speak up with the same passion against corruption, racism and abuse of power, which their predecessors had done at Universiti Malaya. 

As an undergraduate from 1968 to 1971, Datuk Seri Anwar Ibrahim was the president of the National Union of Malaysian Muslim Students and his cause then was rural poverty and hunger. It certainly was not pop concerts! 

We have also not seen any statement from them to protest against the cruelty of the Talibans, which Foreign Minister Datuk Seri Syed Hamid Albar has spoken against. Shame on them that they have to pick on a trivial matter like Stefani’s concert. 

This is not the first time. I remember during the 1980s, when I was a student at Universiti Kebangsaan Malaysia, that these PAS-inclined students demonstrated against the Alleycats’ concert in campus. 

Here was a group of non-Malay singers performing Bahasa Malaysia songs to a packed audience of racially-mixed students and just outside were the demonstrators. Around the same time, another group of students staged a protest against Sheila Majid at Universiti Malaya. 

PAS, for example, used to protest against pop concerts, using the same argument. But even the Kelantan state government has loosened up a bit by allowing concerts by Malay singers, never mind if the audience at these shows are gender segregated. 

Realising the need to win young voters and shed its ultra-conservative image, the party leadership has attempted to take a more moderate view, even acknowledging that entertainment is acceptable.  

Presumably, younger leaders like Datuk Husam Musa and Datuk Kamaruddin Jaafar have managed to re-brand PAS to be more palatable.  

PAS leaders like Kelantan Mentri Besar Datuk Seri Nik Aziz Nik Mat used to argue differently, but for the sake of political expediency, different views are now being put up. 

Still, there are rumblings from certain sections of the party against TV3’s successful Jom Heboh series of concert-trade promotion shows, supposedly because of the free mingling of sexes. It is hardly convincing but there are enough PAS supporters who hold this view.  

Despite the huge publicity given to the student body’s statement by newspapers and websites abroad, including one headlined Malaysia says no to Gwen Stefani show, and an introductory paragraph in Music, a popular American pop music site, that said “Those crazy Malaysians are at it again – citing indecency and provocativeness, the National Union of Malaysian Muslim Students has called Gwen Stefani obscene and offensive,” the fact is that it does not speak for the rest of Malaysians.  

Some of us lucky ones are going to Stadium Putra to party to Stefani’s music and have fun!  

MBs, royalty should quit, too

It has taken decades but better late than never – our ministers, their deputies and parliamentary secretaries have been ordered to quit their positions in sports associations with immediate effect. 

The mentris besar and chief ministers have been spared but seriously, there is no basis why these state executives should be excluded. They should just follow suit.  

The mentris besar of Kedah, Selangor and Negri Sembilan readily said they would give up their sports positions but Penang Chief Minister Tan Sri Dr Koh Tsu Koon insisted on staying on as the Football Association of Penang president, claiming “there is still so much to do.” 

Tan Sri, it is an old political cliché. Even the ordinary voters have grown tired of such talk, what more the thousands of football fans who generally feel that our politicians have let them down in the development of sports, especially football.  

Perlis Mentri Besar Datuk Seri Shahidan Kassim, besides being the state football chief, has the reputation of being the busiest administrator as he helms three national bodies – the Malaysian Amateur Athletic Union, the Amateur Swimming Union of Malaysia and the Kabbaddi Association of Malaysia. 

For that matter, even the members of royalty should emulate the Yang di-Pertuan Agong Tuanku Mizan Zainal Abidin who has decided to step down as the chairman of the KL World Endurance (Equestrian) Cup. On July 15, the Tengku Mahkota of Pahang, Tengku Abdullah Sultan Ahmad Shah, resigned as deputy president of the Football Association of Malaysia.  

From politicians to royalty, many have served in the top positions of the various sports associations for years. Despite clinging on to these posts, the standards of the sports that they claimed to be committed to have certainly not improved, if not, worsened. 

The management of the various state teams, to put it mildly, is in a shambles. Players regularly complain that they have not been paid while there is fierce politicking for posts in these associations. 

One reason why politicians began to appear in the sports scene was that they realised that sports had a big impact on Malaysians. There is a huge following, particularly in football, and the high profile clearly appealed to politicians, who thrive on publicity.  

At the international level, sports officials are courted and given the red carpet welcome, whenever there is a bid to host a particular international event such as the Olympics and the World Cup. The lobbying is fierce, as the economic benefits to the host cities are tremendous and these officials know their votes matter. 

Reports of allegations of corruption in the Federation of International Football and the International Olympic Council have long been documented. 

We are not suggesting that our sports officials are corrupt. In fact, politicians have been roped in to help sports associations financially. Their political clout certainly helped secure sponsorships. 

Getting training grounds, including state stadiums, is also made easier when someone with the political muscle calls.  

It is not something new. The late Datuk Harun Idris, the former Selangor Mentri Besar, was actively involved in football and helped produced legendary Malaysian players like Mokhtar Dahari, Santokh Singh and R. Arumugam. As MB from 1964 to 1976, he was also the Selangor Football Association president. 

The colourful Umno strongman got his players jobs, and sometimes, lorry permits.  

But it is doubtful whether politicians these days have the skill, the time and the patience to do an effective job in sports associations. If they really feel strongly about helping these sports bodies, there is nothing to stop them from being advisers on an unofficial basis.  

So who will fill the vacuum left by them? There is no reason why retired sportsmen and sportswomen cannot hold such positions. They have the experience and technical expertise.  

They may not have the political skills sometimes required to steer their associations through choppy waters but given the support, these retired sports persons can also develop these qualities. 

There is also nothing to stop corporate figures, top policemen and civil servants from heading sports associations. With their networking, they, too, can help build their sports teams.  

The problem is that if you are a Cabinet minister, mentri besar, chief minister or a member of royalty, our culture is such that there would be a reluctance to openly let them know their failures. 

Malaysians have a reverence for people in authority, especially royalty, and for government servants, they would even be less willing to speak up against their superiors. .  

It is certainly a big step towards the development of sports in Malaysia. For those who still do not understand, the writing is on the wall.