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Thread: TDM lets go - again.

  1. #1
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    TDM lets go - again.

    This time in an interview with Bloomberg, reported in the Spore Business Times today under the heading "Dr M sharpens knives for Abdullah yet again".

    Specific points raised by TDM:

    >> accusing Pak Lah of jeopardising economic growth
    >> warning that public confidence in his administration is waning
    >> doubts whether Vision 2020 will be achieved
    >> not enough spending on technology-related economic activities
    >> the MSC has been neglected
    >> Proton will collapse unless it finds an international partner
    >> the free trade agreement between Japan & Msia is not in Msia's best interests

    It was noted in the Biz Times report that the annual meeting of the MSC's International Advisory Panel this year "seems to have been quietly scrapped." If this is true, it will be a major setback for the MSC.

    As I have posted previously, international IT companies can find better places to set up operations and invest in than in the MSC. It's not a case of "build it and they will come". Even Spore had to spend big bucks and knock on doors to lure international talent to its multibillion dollar "Biopolis".

  2. #2
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    Just wondering if TDM intention is good or bad.....

    He is the one chosen his successor and now he is trying to knock his successor down. Wonder what is he up to? To make another come back?
    Every Birth Begins With Labour Pains

  3. #3
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    An ideal mind is a devils workshop.

  4. #4
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    It was noted in the Biz Times report that the annual meeting of the MSC's International Advisory Panel this year "seems to have been quietly scrapped." If this is true, it will be a major setback for the MSC.
    As I have posted previously, international IT companies can find better places to set up operations and invest in than in the MSC.
    The MSC was also neglected under TDM's time. The 10 Bill of Guarantees, which were presented in 1996 as the pillarstones of the MSC, were never even close of being fulfilled. TDM spent an enormous time to preach the MSC backed by government's commitment to the 10 Bill of Guarantees. He travelled all around the world, Silicon Valley, Harvard, MIT, Oxbridge, London, UAE etc etc etc and made promise after promise. But the delivery was never there.

    Many companies went to the MSC because of this commitment, only to find out that they were never even serious of meeting them.

    The first major mistake was to get that tired old ex-ViceChancellor, who had no clue whatsoever about technology business, to run the show. He turned out to be more interested in travelling with his mistresses than actually servicing his MSC status companies. Instead the MDC (now MDEC) wasted millions on trying to build their own businesses competing with their own MSC status companies. These businesses all failed of course.

    The second major mistake was to disallow manufacturing and services, completely ignorant of the fact that most technology businesses today are all about manufacturing and services! Instead they believed that a few shallow engineers doing some nice multimedia shows and web design would be tomorrows big business. They even named the whole corridor after it! Plus a university. Who talks about multimedia now? It was just a 2 year hype which died faster than DBP could jazz up a Malay word for it.
    See you...

    Isa Rahim

  5. #5
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    A major fiasco. What incompetence. Msia boleh alright. What a laugh.
    It's better to be poor than to be rich. The rich always have to fear becoming poor, but the poor never have to fear becoming rich.

  6. #6
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    Welcome back isarahim .. Selamat Berbuka Puasa.

  7. #7
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    Quote Originally Posted by ericchan
    An ideal mind is a devils workshop.
    oops i meant "idle"

  8. #8
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    Quote Originally Posted by sirgalahad2010
    It was noted in the Biz Times report that the annual meeting of the MSC's International Advisory Panel this year "seems to have been quietly scrapped." If this is true, it will be a major setback for the MSC.
    I'd like to comment on this para as well. I think scrapping the IAP is good.

    1. What's the point of having a heavyweight advisory panel if their advice is never followed anyway?

    2. Having some big guns coming in every year at the taxpayers expense doesn't help the entrepreneurs on the ground one iota. It's just an expensive and meaningless show.

    3. All the while IAP was intended to hail and glorify TDM. Nothing else. The picture of TDM as the centrepoint of a group of well known industry leaders (albeit over the years eroded to mainly hasbeens and even some wannabees) was really the only output from the IAPs.
    See you...

    Isa Rahim

  9. #9
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    1. "travelling with mistresses" is now the favorite past time of the political elite - more so when the tab is picked up by others?

    2. the move is to try to bring back Ku Li I 'm told by the "political intelligentzia" but Pak Lah and Najib seems to have checkmated this for the time being!

    3. The so called "peace pipe move" is a non starter - "still born" - 'fikiran bodoh' since the gloves have come off from TDM and once off - it is his style that he would only return to the 'neutral corner' when the opponent has been KO!


    4. Bukan mereka tak tahu hal ini!

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