Apa lagi aku mau?

1. Many events I went through in the last 5 years of a personal transformation plan created and executed back in 2007 has given me tremendous learnings and deep experience building on a personal scale. Some of the top of my head will be (i) societal biases (ii) personal priorities, leading to next steps.

Dasar Ekonomi Yang Lagi Baru?

1. Firstly, cutting off the sheltered world of low risk GLC job and entering a mad dog world of private sector. These are people fighting for their economic future, and they are not shy to use whatever they have at their disposal to obtain it. My perception - looking at the post GE13 trends for these people - Practise racism, but jump at others for doing it.
2. The economy is slanted towards Malaysian Chinese - no bones about it. Local blogs have been throwing the 90% tax indicator paid by Chinese - (no idea where this number came from given that Petronas is like paying the bulk of government revenues, and only 26% of the population are chinese. In which case, there's a whole lot of Bumis who are in poverty or non-tax paying population, and therefore a lot more work is required to alleviate this). My working experience in the private sector proves how painfully true this is. Need an external support, call up an external services provider for a quality and pricing that you want - and chances are the Chinese contractors / service providers will deliver. Easy way is to blame / point towards the superiority of the culture and mentality of one race over the other. The reality may not be so straightforward. I am more inclined to a policy of a selected meritocracy of Bumi service providers, a white-list perhaps of service-oriented Bumis, not rent-seeking Datuk Seris in their Beemers and Mercs wanting a slice of the budgetted allocation of a business. In anyways, there are already shameless non-Malay businesses who are learning the language of rent-seeking as the easy way out. Shame these unethical cultural problems, but do not tie this to the colour of a skin. 
3. So what of the DEB? Creating crutches or mollycoddling? The difference is with the application. Use it as sweeteners and refuse to allow the beneficiaries to raise themselves out of the mire, and the income gap and later the capability gaps will widen. The Malays have no other means to further themselves other than to work themselves out of the crutches and subsidy system. Anyone wanting to start a business - learn the ropes and then make sure that you choose the most rational choices you can, not the easiest ones. If you are capable, but still want to have the lot of the poor, shame on you too.
4. Malays in innovation sectors should be given support as these are the game changers. So, when GLICs are given an allocation, what should they do with the allocation? How should they invest? What is the long-term strategy to develop the malays? Or, are they the ones who are helped and forget about the rest?
5. To all intents, Ekuinas seems to be on the right track as regards to deployment of capital towards operational investment for the benefits of Bumiputras. Teraju is building a database of Bumi companies. How these certified or white-listed companies will benefit from the wider economy is still unclear. Just how do you mainstream the Bumi economy to the wider economy then? The creation of new ambitious businesses that build and thrive on the wider economy is needed. But again, the plan on paper is just so much easier than deploying the idea.
6. On a personal scale, the Malay entrepreneur needs to walk, talk and think as if he is a humble immigrant, and not to exhibit a distasteful ketuanan mentality. To get respect, you will need to earn it. Talk humbly, listen, articulate concerns well. Then, you may have a chance. Accept defeats, accept loss of face and do not be arrogant.
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