The government's decision to liberalise the services sector by lifting the 30% requirement for bumiputra equity is long overdue. While the government agencies woo investors, there have been complaints that there is too much red tape.
The government's decision to liberalise the services sector by lifting the 30% requirement for bumiputra equity is long overdue. While the government agencies woo investors, there have been complaints that there is too much red tape.
The government's decision to liberalise the services sector by lifting the 30% requirement for bumiputra equity is long overdue. While the government agencies woo investors, there have been complaints that there is too much red tape.
THE government’s decision to liberalise the ernment must work in tandem to draw foreign services sector by lifting the 30% requirement investments. While the Malaysian Industrial for bumiputra equity is long overdue. For too Development Authority and other government long, the contributions of this sector had not agencies woo investors, there have been been given due recognition despite it being a complaints that there is too much red tape. steadying influence and a major contributor While Pemudah had done its part by simplify- to economic growth. The prime minister’s ing procedures for licence and immigration pronouncement should be welcomed by procedures for investors, there are still some every right-thinking Malaysian as it is the way agencies, local governments in particular, forward to stimulate growth with clouds loom- which need to change their ways. While all ma- ing over the economies of our largest trading jor issues can be sorted out at federal level, it partners in the West. is the minor issues that become irritants in the While bumiputra participation in business whole process. Issues like certificate of fitness, and commerce has been a major arm of the water supply and other infrastructure come New Economic Policy, the decision to do away under the purview of local agencies; it can be with this requirement in 27 sub-sectors effec- sometimes a long and winding process. tive Wednesday is a milestone indeed. Over There’s nothing wrong with “one-stop the years, bumiputras who have held stakes centres” which help facilitate requirements in such companies have acquired the skills of investors. On the contrary, it’s the people and expertise and many have ventured out on who man these centres who cause the prob- their own. While there may be detractors to lems with their interpretation of government this new policy, the government should make policies. Therefore, it is pertinent that those it a point to emphasise that it is the only way who deal with investors are well-versed not forward and it complies with the country’s only with the law and policies but also more membership in the Asean Business Community importantly, the intentions of the government. and the World Trade Organisation. If these issues are addressed, the targets set But more importantly, all arms of the gov- by the government should be easily met.
What price peace, security?
by Sonia Randhawa entrusted with keeping us safe in our beds at night, could pos- I’VE NEVER had to do it, not to a sibly be guilty of such a heinous person – take their life. The clos- crime. It doesn’t help tackle the est I’ve come is with a stray puppy perception of increasing crime that found its way to my garden. and lawlessness that there has It suffered from mange, and was been no investigation into how half-paralysed. I took it to the two such hardened individuals vet, and stroked it while the vet managed to rise through the administered a lethal injection. I ranks of the police force. don’t know how much comfort I It’s a question that drives gave the puppy, but I was in tears. full-force into the argument for The vet, on the other hand, was Freespace the death penalty. Because the professional. The dog was suffer- Where young views rule whole rationale behind legally ing, and he was providing relief. killing people is that the rest If he didn’t administer the injection, the dog of us (other than mothers, fathers, brothers, would maybe last a week, unable to digest sisters, children, husbands, wives, execu- food, and slowly starve to death. Not a nice tioners, judges, lawyers ...) will sleep more way to go. soundly, knowing that the criminal elements But imagine if that puppy had been a per- in society are scared into compliance with son. And it wasn’t suffering. It was a young, the law by the threat of loss of their own lives fit healthy man, who was being put down. It’s hanging over them. great for a vet to be able to detach himself or It seems unlikely – and this is backed up herself from the sufferings of the animal on by evidence – that people contemplate calmly the table. But, what, I wonder, does it take to whether their actions are likely to result in be able to do that to a human being? the death penalty. Either they think they can Sadly, the question is far from rhetorical. get away with it, or they are so accustomed In a detached and remote way, I’m doing it to to crossing the lines involved, death has people on a regular basis. Because I’m a Ma- become an ever-present reality to them. As a laysian citizen, and in my name, the law takes deterrent, study after study shows the death away the lives of people that it has deemed no penalty is ineffective. longer fit to live. It’s called the death penalty. So why do we kill them? Why do we take And directly, or indirectly, we all administer it. part in a business so sordid that even in these Some, the judges, the lawyers, the execution- days of spectacle, it’s carried out behind ers, less remotely than others, but one way closed doors, silently, shamefully? Because or another, if just by our silence, we are all the only answer I can formulate to that is that complicit in killing people, people who could we do it for revenge, to exact vengeance on otherwise perhaps live a long life. those who have injured our body politic. And The reality of this was slammed into me vengeance is a shameful, degrading business, when I received news of three murder con- particularly if conducted through the pomp victions in one day. If the charges are true, all and ceremony of a court of law. three were horrendous cold-blooded killings. The first murderer and his accomplices had Sonia thinks liberty and equality are the only hunted down a man and stabbed him repeat- real guarantors of security. Comment: letters@ edly. There were no mitigating circumstances, thesundaily.com but the accomplice was under 18 at the time of the murder, so couldn’t be sentenced to death. The murderer was 18. He wasn’t old enough to vote, because under electoral law he was considered We believe that the young too immature to make decisions about should have a say in how things who should govern the country. Yet, he’s are run, because they have considered mature enough to take the ultimate responsibility for his actions, to everything at stake in our pay the ultimate price under laws he has future. This column creates that had no say in formulating. space for our panel of bright The other two convicted killers are rath- young sparks to debate a whole er more infamous. Their victim, a foreign national, was blown apart with high grade range of issues that they feel military explosives. And their convictions strongly about. have raised as many questions as they have answers, not least how police officers, those