6/9/12, 12pm: In his posting Malaysia Still Among The Best World Economies, Bujai expresses concern with our broadband ineffectiveness, one of the reasons affecting Malaysia's overall competitiveness. Bujai may disagree with me on the need to take the fast-paced telco industry out of our slow-mo Information Ministry. Otherwise, we'll forever be doing the catching up.
The Star has more details from the WEF survey, including the fact that Malaysians now trust their politicians more (?) and government policies in terms of transparency has improved markedly, h e r e.
Crime and Competitiveness. Malaysia fell four notches to 25th place in the latest world competitiveness ranking but remains well, well ahead of Zimbabwe, which maintained its 132nd position.
Hehe. Sorry bros and sis, could not help it. That was for the benefit of Anwar Ibrahim, Ambiga S and others who are so fond of comparing Malaysia to Zimbabwe. Myanmar, another country they love us to emulate, is not even included in the 144 countries monitored and rated annually by the World Economic Forum.
Back to the Global Competitiveness Report 2012-2013, launched worldwide at 2pm our time minutes ago, Malaysia's overall score dropped slightly to 5.06 points. Last year, Malaysia was 21st most competitive with a score of 5.08
Factors that brought us down include poorer (relatively) international internet bandwidth, lower broadband internet subscriptions per 100 population, and poorer mobile broadband subscriptions. (All these come under the same ministry, which strengthens my case that we should break up the Information Ministry).
Two factors related to crime brought our scores down:
1. Perception on business costs or crime and violence and
2. Perception on organized crime
This is most interesting because crime is not just about your safety and my security, it affects our competitiveness as a nation! So all the reasons we need to equip our police force and the other relevant authorities fighting crime.
The bit of organized crime is so true. Professional hits, gangsters killing gangsters, etc. We have been reading more and more about them in the papers lately. I believe all these are happening because the bad people are less afraid - there is no more Emergency Ordinance (note that a lot of crimes in the past months are related to former EO detainees) and the ISA has been repealed. Even the Seditions Act is no more.
We need a potent preventive act to deter the crooks and restore confidence in business and the people. And help us become more competitive.
I will provide links to the Global Competitiveness Report 2012-2013 once they are out. In the meantime, here's how we fare in the Asia Pacific and Asean: