Trading barbs in the press continues....

The recent bards being traded between Koh and Lim's folks are really entertaining. While they trade blows with each other, I will like to draw your attention to the severity of the issues of investment and bad press which Malaysia faces right now. I am sure for all great intent and purposes, credit is to be given to the people of Penang and Malaysia. Now, the worse thing that can happen is to read a recent report from MasterCard Worldwide Centers of Commerce Index 2008 where it shows Kuala Lumpur(Malaysia) ranking has dropped from 38 position to 50 between 2007 and 2008.

Now - now, if really things were so rosy, why are we seeing this shortfall ? I am not sure but I believe the major indicator is doing business within Malaysia. I am amazed one would sit for 2 - 3 years to wait for a project to develop. It takes 45 licenses to start a factory. It takes equally the same amount for any new startup. So what is happening to the delivery system? Has it been addressed? I am amazed that our politicians who are in power within the Federal Govt is still not addressing this issue. Maybe it's high time we as a country look into this. Rather than an individual taking credit of his / her efforts in bringing in the investment. It's like padding a sampan on a rough flowing river with no paddles at all. Strange but true...