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Friday, October 12, 2018

China tycoon to invest RM10b in M'sia, ADB debunks BRI ‘debt trap’ concerns

https://youtu.be/4bhexUMxO0w 

China tycoon to invest RM10b in Malaysia

Yan Jiehe says country is business friendly, with strong fundamentals


China’s Pacific Construction Group Ltd (CPCG) gave Malaysia a vote of confidence with a planned RM10bil investment over 10 years in areas including infrastructure development and hi-tech machinery.

Yan Jiehe (pic), founder of CPCG, which is No. 96th in 2018 Fortune Global 500, said Malaysia “is business friendly, and one of the most competitive countries in the region”.

“The country’s fundamentals are strong. You have excellent infrastructure, a robust eco-system and a big pool of trilingual talents. Kuala Lumpur, is thus, a strategic launch pad for our expansion into Asia Pacific.

“We plan to invest up to RM10bil over 10 years in Malaysia in line with our core business areas of infrastructure development, hi-tech machinery and education,” he said in a statement.

Yan also said CPCG was open to increasing its investment especially for federal projects that would benefit the people.

“With our track record of having successfully delivered complicated construction projects in China, we are confident that, in collaboration with local partners, we will be able to do the same in Malaysia,” he said.

The group, in a move to make it easier to invest in Malaysia and across Asia Pacific, CPCG has set up CPCI Holdings Sdn Bhd, a wholly-owned subsidiary in Kuala Lumpur as its regional technical competency centre.

CPCI is involved in a RM200mil construction project in Sahabat, Sabah.

“Within the next five years, we plan to employ 150 highly skilled professionals of which more than half will be Malaysians as we position CPCI as a major player across the Asia-Pacific region. These trilingual local talents will be invaluable to work on the group’s projects worldwide,” Yan added.

With CPCI, the group would be able to optimise its operations by centralising its regional decision-making and key activities in Kuala Lumpur including accounting, strategic business planning, business development, bid and tender management, as well as engineering services.

Under its education strategy, CPCI plans to set up business schools and universities, and provide scholarships to local students. As a start, CPCI will provide up to 500 scholarships for construction and engineering students in local universities.

On the group itself, CPCG had a total revenue of RM319bil and it is the biggest private-owned construction company in the world. Founded in 1995 by Yan, CPCG was named as one of the Top 500 Chinese enterprises. It is one of the largest integrated construction groups in China and Asia in terms of the total engineering contract revenue. - The Star

ADB  Panel debunks ‘debt trap’ concerns 

 'Belt and Road Initiative not out to cause hardship to recipients'


KUALA LUMPUR: The Asian Development Bank (ADB) and two China watchers do not believe that China is using its Belt and Road Initiative (BRI) to practise debt diplomacy and causing hardship to recipient nations.

“I don’t buy the notion of China practising debt diplomacy. It is not a sustainable model.

“I don’t think this is the objective of the Chinese government in launching the BRI,” said ADB vice-president Stephen Groff.

Groff told a regional China Conference here yesterday that the failure of some BRI recipient countries to repay loans was due to their “lack of capacity”.

China’s ambitious BRI, which spans more than 65 countries, has given rise to criticism that it will drag developing countries into debt they cannot repay.

Malaysia recently cancelled several projects, saying it could not afford to implement them.

Reminding accusers of China to adopt an evidence-based approach, Groff said countries should look at their capacity when coming to the negotiating table.

At the same panel discussion on “Avoiding Belt and Road debt trap”, Prof Dr Belal Ehsan of International Centre for Education in Islamic Finance said China’s BRI had played an important role in infrastructure investments in Asia.

“Every country in the world is corrupt. It is a question of degree. China now needs a new financial architecture for BRI.

“It cannot be debt-driven but risk-sharing and profit-sharing (like Islamic financing) so that no one is a loser in the end,” he said.

Describing the “debt trap” as a concoction of Western governments and media, chief economist of IQI Global Shan Saeed said: “The rise of China is inevitable, whether you like it or not.

“The US government, media and people do not understand history and culture.

“China has 5,000 years and US only 250.

“In the Western world, everything about China is bad. The time has come for us not to listen to the Western media and be dictated by Western policies.”

To reduce risk in BRI projects, Saeed proposed loans be denominated in local currency or yuan, and not in the US dollar.

ADB believes that adopting transparency and international standards in financing will also help nations reduce risk.

“Institutions have learnt from experiences in the 1990s on debt problems.

“It has taught us the importance of transparency and sustainable framework,” said Groff. - The Star by Ho Wah Foon


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New mode of public transport, the ART (Autonomous Rail-Rapid Transit) for Penang, wait no more !


ART - Can be completed within 1 year for Penang lang, wait no more ! 年内就可以通车。槟城人,要不要?!

The ART (Autonomous Rail-Rapid Transit) was nominated for an award in the "Beazley Designs of the Year 2017," which was organized by London's Design Museum to celebrate the world's most innovative design ideas.

note: Autonomous rail-Rapid Transit (ART) costs 90% cheaper than LRT.

> 150 delegations from over 20 overseas cities have visited the project, its developer said.

自去年2017年6月发布以来,前来株洲所考察智轨列车的团体超过150批次,其中包括美国、英国、新加坡、新西兰、巴西等国家的20余个海外城市。
槟城,您还在等什么。还要LRT等七年,堵七年吗?


ART Intro Video

How trackless trams could revolutionise Perth's public transport


Beautiful Malaysia
Georgetown, Malaysia

The panel answering questions at the public dialogue on the Penang Transport Master Plan last month (filepic).


New mode of public transport


GEORGE TOWN: The state government will look into Penang Forum’s suggestion of an Autonomous Rail Rapid Transit (ART) system as an alternative to the light rail transit (LRT).

Chief Minister Chow Kon Yeow (pic) said the state government was briefed by China Railway Construction Corporation (CRCC) on the new train system last week.

“ART is relatively new. CRCC presented the system to us with the same slides and video used by Penang Forum.

“It will not be fair for us to respond now as ART is new to us, but we are not ruling it out,” he said after the question-and-answer session of a public dialogue on the Penang Transport Master Plan (PTMP) at Dewan Sri Pinang on Sunday.

“All this while, Penang Forum never mentioned ART. Before this, they spoke of trams,” Chow said, responding to the presentation made by Penang Forum member Dr Lim Mah Hui.

Chow added that in the video, the train was on a highway with eight to 10 lanes.

“Penang does not have that much road space,” he said.

ART is a rail-less system for urban passenger transport, similar to other guided busways.

Later, in a press conference, Chow said ART did not require an actual railway.

“It has rubber wheels running on roads. It is directed by a sensor system, installed along the road and can be dedicated or shared with other modes of transport.

“If it is dedicated, other measures need to be taken into consideration, like when it approaches an intersection, the traffic light must be programmed to give priority to ART.

“If not, then it is no different from a bus,” he said.

Meanwhile, the Rural Industry and Entrepreneurship Organisation declared its support for the PTMP at the dialogue.

Its secretary-general John Ooh Sin Hwa said the transportation problem not only caused a daily inconvenience but had a negative impact on the state’s economic growth.

“We feel that the benefits and advantages outweigh negative implications.

“PTMP is a noble and sincere effort by the state government,” he said, adding that they would carry out a survey in rural areas and present the findings to the government. - The Star by tan sin chow and n. trisha

keen on ART system


PENANG Forum stands by its proposal for an autonomous rail rapid transit (ART) system instead of a tram system.

The group’s steering committee member Dr Lim Mah Hui said they were not ‘tram salesmen’ and that they made the suggestion based on the best mode of transportation implemented in other cities.

“Basically, the Halcrow proposal favours a Bus Rapid Transit (BRT) and tram system.

“And, it is only the suggestion of SRS Consortium that the proposed Penang Transport Master Plan should include an elevated Light Rail Transit (LRT).

“The state said they were not going for the trams because of the cable work needed but the LRT system would require digging and piling which would be more expensive and take a longer time,” said Dr Lim in an interview recently.

He urged the state government not to rush into implementing the LRT as it “might be obsolete in a few years”.

“Penang Forum was only made aware of the ART system a few months ago.

“Who knows what type of advanced public transportation system we might see in a few years?” he said, adding that there was a need for a financial comparison of the LRT, tram, BRT and ART systems.

When asked if Penang Forum would conduct a session to explain the ART system, Lim said he would discuss it with the committee.

He cited an article in The Sydney Morning Herald which called for an ART system to be implemented in Perth.

He said the article also claimed that trackless trams would be able to avoid the worst features ofan light rail system in terms ofdisruption and costs.

The first trackless tram rolled out for a road test was in Zhuzhou, south China’s Hunan Province, on Oct 23, 2017.

Last month, Chief Minister Chow Kon Yeow said the state would look into the suggestion to implement the ART system when the matter was raised during a question- and-answer session of a public dialogue on the Penang Transport Master Plan at Dewan Sri Pinang.

Chow said the state government was briefed by China Railway Construction Corporation on the new train system.

“The ART has rubber wheels running on roads.

“It is directed by a sensor system installed along the road and it can be dedicated or shared with other modes of transport,” he said. - The Star by Intan amalina mohd ali

Related:


Penang mulls China-designed railless train to ease traffic woes | The ...

 


No rail, just road: Group wants Penang to consider new tram system ...

 

Penang Forum now proposes the ART system... - Chow Kon Yeow 曹觀友 ...



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Tuesday, October 9, 2018

Malaysia's Broadband Plans Not Up to Speed Yet

Still waiting: Some existing users are exasperated as they have yet to enjoy the higher broadband speeds promised by their service providers.

Broadband users also complain of not enjoying lower prices


PETALING JAYA: The telcos may have announced lower prices and faster Internet speeds, but many existing fixed broadband users are complaining that they have yet to enjoy these benefits.

On Sunday, the Malaysian Communications and Multimedia Commission (MCMC) announced that Telekom Malaysia (TM), Maxis, Celcom and Time have introduced new entry-level plans below RM100 that are more than 30% cheaper.

But the price reduction and speed increase brought about by the Mandatory Standard on Access Pricing (MSAP), which was implemented on June 8, have yet to trickle down to consumers.

Communications and Multimedia Minister Gobind Singh Deo said in a statement he was aware that not all existing fixed broadband users are enjoying higher speeds and lower prices.

“I found that the packages do not lower the price of services to existing customers. This means that they cannot benefit from the new packages immediately,” said Gobind.

“I will meet with the telco representatives to discuss this matter in the near future. At the same time, I would also like to emphasise that telcos that have offered the new packages should ensure the services are actually implemented.”

Gobind said MCMC is required to monitor the implementation of the new plans and manage all complaints received and to take firm action where necessary to ensure that the services provided are in line with what was promised.

MaxisOne Home Fibre subscriber Leela Krishnan is disappointed that she has yet to receive any update from Maxis.

“No SMS, e-mail or call from the company to tell how MSAP would affect my monthly bill, or what new plans are available for me,” said the graphics designer, 44.

Maxis said the upgrade was not automatic for existing customers as they have to first pick one of two plans – 30Mbps at RM89 or 100Mbps at RM129 per month.

They can do so at the Maxis page, bit.ly/2gacJxB, but will be recontracted for 24 months. Also, customers who break the new contract will incur a RM500 penalty.

Maxis said recontracting is necessary as it is providing a new router which is capable of maximising the higher speed for WiFi, and at no cost to the consumer.

Astro IPTV customers have also been left hanging on the status of their packages as the company has yet to announce anything.

Idzla Hafiz, 34, who is using the Astro IPTV 10 package, said he is paying RM148 for a mere 10Mbps broadband speed, and he has not received any updates.

“I hope I won’t be paying the same amount next month because that means I will be spending RM59 more than Maxis users and still get a lower speed,” he said.

An Astro spokesman told The Star that the company is still in discussion with its broadband partners – Time and Maxis.

“Discussions are progressing well and we hope our broadband partners will extend the same benefits to our Astro IPTV customers,” the spokesman said, adding that it hopes to make an announcement soon.

Meanwhile, TM’s free upgrade for existing users, which started in August, is expected to go on until the first quarter of next year, as it says it has over 800,000 subscribers to upgrade.

Unifi Home 20Mbps or lower subscribers will be upgraded to 100Mbps, 30Mbps to 300Mbps, 50Mbps to 500Mbps and 100Mbps to 800Mbps.

Public relations consultant Daniel Yao, a Unifi customer of seven years, said it is “ridiculous” that Unifi introduced a cheaper plan for new users but long-time users are still stuck in the same plans.

He said Unifi informed him that the only way to opt for the cheaper and faster plan is to terminate his current package and sign up for a new one.

“That means I need to sign a new contract and redo the whole thing at a TM office,” he added.

TM’s Streamyx customers, especially in the outskirts, have also been complaining to MCMC on Twitter that they are still not being upgraded to Unifi and are being forced to pay more for lower speeds due to lack of infrastructure.

“I found out that there are no suggestions provided to address the issues faced by existing Streamyx users, therefore this is something I need to tackle immediately,” said Gobind.

As at press time, TM has yet to respond to queries from The Star.

Celcom, which offers its Home Fibre plans only in Sabah, said it has upgraded all existing customers to the higher speeds and lower prices since September without recontracting.

All its Home Fibre users, starting from 10Mbps, were upgraded to 100Mbps, and their bill reduced to RM120 per month.

The telco said those who have yet to receive their upgrades can contact its customer service line at 1-300-11-3282.

Time also claims that it has upgraded all its existing users and notified them via e-mail.

The 100Mbps plan (RM149) was upgraded to 500Mbps (RM139) while the 300Mbps (RM189) and 500Mbps (RM299) plans were both upgraded to 1Gbps (RM189).

However, the new subscription fees will only be reflected in bills that are issued from Oct 15 onwards.

If users are still facing slow speeds, it recommends that they restart their router and perform another speed test.

It is best done via a desktop or laptop connected to the router via an Ethernet cable, as users may not be able to get the full speed via WiFi.

If nothing works, users can get in touch with Time via 1800-18-1818 or cs@time.com.my.

Source: The Star by angelin yeoh, mei mei chu, and sharmila nair

Related:

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You can now get Unifi Pro 100Mbps with unlimited data for RM129 ...

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Monday, October 8, 2018

Unknown Chinese startup creates the world's most valuable Bytedance

Independent moves: Bytedance has become among the most successful major Chinese tech companies in creating an international base without the backing of giants Alibaba and Tencent. — Reuters

https://youtu.be/nhrmuyEsqrk
https://youtu.be/VKD3jt0KvhQ
Building a vision: Over five years, Zhang has grown the app into one of the most popular news services anywhere, with 120 million daily users. — Bloomberg

Said to be valued at over $75 billion in new round of funding.


Bloomberg reports that when Zhang Yiming first shopped the idea of a news aggregation app powered by artificial intelligence six years ago, investors including Sequoia Capital were skeptical.

Back then, the question was how a 29-year-old locally trained software engineer could outsmart the numerous news portals operated by the likes of social media behemoth Tencent Holdings. and extract profit where even Google had failed.

Zhang, now 35, proved them wrong. Today his company, Bytedance Ltd., is on its way to a more than $75 billion valuation -- a price tag that surpasses Uber Technologies. to top the world, according to CB Insights. The latest in a long line of investors who’ve come around is Softbank Group., which is said to be planning to invest about $1.5 billion. Bytedance now counts KKR & Co., General Atlantic and even Sequoia as backers. Much of its lofty valuation stems from the creation of an internet experience that’s a cross between Google and Facebook.

35-Year-Old Unknown Creates the World's Most Valuable Startup

News aggregation app evolves into a multi-faceted media goliath


WHEN Zhang Yiming first shopped the idea of a news aggregation app powered by artificial intelligence six years ago, investors including Sequoia Capital were sceptical.

Back then, the question was how a 29-year-old locally trained software engineer could outsmart the numerous news portals operated by the likes of social media behemoth Tencent Holdings Ltd and extract profit where even Google had failed.

Zhang, now 35, proved them wrong.

Today his company, Bytedance Ltd, is on its way to a more than US$75bil valuation – a price tag that surpasses Uber Technologies Inc to top the world, according to CB Insights.

The latest in a long line of investors who have come around is Softbank Group Corp, which is said to be planning to invest about US$1.5bil. Bytedance now counts KKR & Co, General Atlantic and even Sequoia as backers.

Much of its lofty valuation stems from the creation of an internet experience that’s a cross between Google and Facebook.

“The most important thing is that we are not a news business. We are more like a search business or a social media platform,” Zhang said in a 2017 interview, adding that he employs no editors or reporters.

“We are doing very innovative work. We are not a copycat of a US company, both in product and technology.”

What’s remarkable is Zhang was able to do it all without taking money from the twin suns of China’s internet: Alibaba Group Holding Ltd and Tencent.

It’s the first startup to emerge from the dwindling cohort of mobile players that hasn’t sought protection or funds from either of the two. In fact, it has often locked horns with them, in court and elsewhere. And it’s arguably more successful at engaging youthful audiences abroad.

The story of how Bytedance became a goliath begins with news site Jinri Toutiao but is tied more closely to a series of smart acquisitions and strategic expansions that propelled the company into mobile video and even beyond China. By nurturing a raft of successful apps, it has gathered a force of hundreds of millions of users and now poses a threat to China’s largest Internet operators.

The company has evolved into a multi-faceted empire spanning video service Tik Tok – known as Douyin locally – and a plethora of platforms for everything from jokes to celebrity gossip.

But as with Facebook at the same stage of its life, Bytedance now faces questions over when or even how it will start making a profit.

“The predominant issue in China’s internet is that the growth in users and the time each user spends online has slowed dramatically.

“It is becoming a zero-sum game, and costs for acquiring users and winning their time are increasing,” said Jerry Liu, an analyst with UBS.

“What Bytedance has created is a group of apps that are very good at attracting users and retaining their time, in part, leveraging the traffic from Jinri Toutiao.”

Despite its seeming isolation, it’s become the most successful major Chinese tech company in creating an international base, venturing via apps like Tik Tok into the US, South-East Asia and Japan.

Even Tencent’s WeChat had to pump the brakes on its own overseas initiative four years ago.

What Zhang perceived in 2012 was that Chinese mobile users struggled to find information they cared about on many apps.

That’s partly because of the country’s draconian screening of information. Zhang thought he could do better than incumbents such as Baidu, which enjoyed a near-monopoly on search.

The latter conflated advertising with search results, a botch that would later haunt the company via a series of medical scandals.

There was little Toutiao could do about censorship – in fact, the company’s been repeatedly excoriated by authorities for failing to filter content and been forced to clean up its services with alarming regularity.

But Zhang held fast to his early vision of delivering content that mattered to users through AI. The closest American equivalent was Facebook’s news feed.

After falling flat with the bulk of China’s venture capital stalwarts, Zhang eventually secured investment from Susquehanna International Group.

It began offering the news app in August 2012. The platform studied what users read and searched for, then referred information and articles based on those habits. The more people used it, the better the experience, and the longer people stayed.

By mid-2014, daily active users had climbed to more than 13 million.

Sequoia finally came to the table, leading a funding round of US$100mil.

“We push information, not by queries, by news recommendations,” Zhang said in the interview last year.

But it was video that really propelled Bytedance into the big leagues.

Streaming services have always been popular in China. Even during the desktop era, companies like YY Inc championed a model where people sang and danced in virtual showrooms to win online gifts from fans. Later, outfits like Kuaishou fuelled that penchant for zany showmanship.

Bytedance saw an opportunity, but made its videos much shorter: 15 seconds, to be precise.

Around September 2016, it quietly launched Douyin. The app let users shoot and edit footage, add filters and share them across platforms like the Twitter-like Weibo or WeChat.

That format appealed to shorter millennial attention spans and became an instant hit, so much so that WeChat later blocked direct access to the app.

A year after, Bytedance acquired Musical.ly for US$800mil. It saw synergy between the buzzy teen US social video app created by Chinese co-founders and Tik Tok, and is now in the process of combining them. Tik Tok and Douyin had a combined 500 million users as of July.

The challenge now is in translating buzz and viewership into dollars. The company is expanding its ad sales operations, particularly for Toutiao.

Several media buying agencies said its massive reach and the attention it draws is a natural lure for marketers. Many said Bytedance is even pulling spending away from Tencent.

Bytedance, which previously cut a deal with Cheetah Mobile to sell ad space, has brought most of its ad sales in-house, said Kenneth Tan, the chief digital officer for Mindshare China, an agency.

“From a pricing perspective, they are expensive for what they are. They definitely charge a premium,” Tan said. “But that has not been an inhibitor for the large brands.”

There’s a big caveat, however. Brands remain cautious about Bytedance’s regulatory issues, particularly given Beijing’s historic unpredictability around censorship.

This year, it had to shut down a popular joke-sharing app in April just as it appeared to take off. It also suspended Douyin and its bread-and-butter Toutiao around the same time.

That’s “a potential risk to brand collaboration,” said Sherry Pan, general manager for China at the agency Magna Global. — Bloomberg

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Sunday, October 7, 2018

Umno is swimming against the tide


Empires are built, destroyed and rebuilt. If Umno wishes to witness the final part of that life cycle, it must navigate out of choppy waters by making right calls.


IF there’s one thing the Umno leadership needs to accept – no matter how painful – is that it’s now in the opposition. They got kicked out, and that’s life.

So, for God’s sake, please start acting and thinking like an opposition party. It may be hard after 60 years being at the helm, since the party has enjoyed the privileges of power, which can be intoxicating.

Suddenly, the motorcades are gone, invitations to events have trickled, telephones are not going off the hook, and the formal suits have stayed in the closet.

Umno leaders should forget about “doing deals”. That was precisely what got the party into trouble – those dubious deals.

Some Umno leaders find it hard to be “out of power”. They need to be in power – even if it means playing second fiddle, or even placing third or fourth in the pecking order. But here’s the bad news – Pakatan Harapan doesn’t need Umno.

They need to stop leveraging on the spin that Tun Dr Mahathir Mohamad needs them to keep Datuk Seri Anwar Ibrahim at bay. It sounds good for them, but the danger is that Umno MPs may start believing in their inflated sense of self-worth.

The PH government has the numbers. They have formed government and are running the country.

Governments in other countries, such as the Kuomintang party, which founded Taiwan, is now in the opposition but was the ruling party for decades, amassing huge assets. And like Umno, it also got embroiled in corruption.

The KMT maybe be broken now, but it still has plenty of assets. When the party fled to Taiwan after losing the civil war to the communists in 1949, it took millions in gold, bonds and antiques, all of which became part of the foundations of the party’s fortunes.

It also inherited assets left by the Japanese during their 50 years ruling Taiwan, but the KMT has come under investigation for public and private assets it seized after arriving in the country.

With its assets recently frozen, it had to cut staff from 800 to under 400 personnel because of insufficient funds. Sounds familiar, doesn’t it?

Then, there is the Indian National Congress, founded in 1885, and which ruled India for 60 years, yet today, is in the opposition and struggling to remain relevant.

In Britain, the Conservative and Labour parties have been voted in and out of government. Amazingly, in all circumstances, even when alliances were made with smaller parties, the loser ended up accepting the people’s verdict and simply worked towards getting re-elected.

So, it is terribly embarrassing to see how Umno leaders crawled to Dr Mahathir, seeking advice on how to keep his former party alive. I mean, why would he even want to see Umno remain intact?

If that’s not enough, Umno had to use its usual trump cards of race and religion as reasons for the formation of a unity government, comprising mainly Malays and Muslims, to safeguard the interests of the community – after billions of ringgit vanished!

It’s also incomprehensible to be telling Umno leaders in Kelantan and Terengganu, who have fought against PAS since Umno’s formation, that they now must work with the Islamist party.

And in the same breath, try to persuade what’s left of the Barisan Nasional component parties that it is merely trying to reach an understanding with the fellow opposition party.

Umno and PAS are supposed to represent different things. Umno is Malay and Muslim, but is supposed to be moderate, inclusive and has shared power with the MCA and MIC, even in Malay-dominated constituencies.

Of course, these Barisan component parties don’t understand what’s going on because Umno members themselves are clueless about this purported deal with PAS.

And why should PAS want to share power with Umno? It has control of two states. It has exuberantly introduced whipping and gender segregation at public events again, making the two states look like some extremist Middle East country.

The party is happy to equate liberalism with open sex, hedonism, LGBT and everything else it deems sins. And can we be blamed if we feel that Umno is happily singing the same tune and sharing the same ignorance of what liberalism means? And now, we even have a new term – super liberalism. Go figure.

And why shouldn’t non-Muslims feel resentment for PAS when its president questioned Datuk Seri Anwar Ibrahim for attending gatherings involving other faiths, or for the PKR president-elect to contest in a multi-racial constituency?

If Umno chooses to work with a party like PAS, then it’s heading down a slippery slope, if it’s purely about retaining or winning the Malay votes, because the party is bound to be grilled for what it stands for. Surely, it can’t be the same as PAS.

The DAP and PKR had been in the opposition for years, even decades, with their leaders paying a heavy price for their political convictions, but they continued with their struggles. We don’t have to agree with their politics and what they stand for, but credit where it’s due for their convictions.

And here we are – Umno suffers one defeat, and it’s running around like a headless chicken, which is how the party is being described now.

If it wants to get its house back in order, Umno first needs to reform itself. It is a flawed product, but not entirely a rejected or expired item.

It must appear an alternative. The voters are testing the PH government to see if it’s any good. Why not? After all, they gave the Alliance and Barisan a good 60 years, and they became arrogant and corrupt.

The voters are basically the customers, but Umno forgot that detail and expected the customers to be grateful, which is ironic. But that was exactly how Umno treated its customers.

Malaysians would like to see Umno leaders stop acting like big shots (which they no longer are), admit their mistakes and excesses of the past and, step down from their pedestal and be ordinary Malaysians.

Surely, we want leaders who can speak the languages of the people, understand their needs and sentiments, and just be one of us.

They ought to know that we are tired of having to address them by their titles and being expected to line up to kiss their hands. And for some bizarre reason, we wonder, too, why their identity cards need to carry their fathers’ titles!

So, we now have Tan Sri Awang Ibrahim bin Tan Sri Osman Tengah. If you don’t believe me, check the Mykads of most Umno members.

That’s how ridiculously far we have allowed this scheme of grandiosity to go with our obsession with titles. Now, it’s refreshing to see Cabinet ministers with no fancy titles.

We are watching all these newbies, so, don’t try to con us with pictures of them flying economy class, especially during the first year, and then subsequently, and quietly, enjoying the perks of power.

It’s obvious that the corrupt show their greedy selves in the second term of office.

But all is not lost for Umno. It has 49 MPs and that’s a substantial number. It must come across as an opposition worthy of being voted back into power, or it can continue to use the faces of political minnows, with their aggressive and irrational behaviour that is incongruous with the New Malaysia. It looks like Umno hasn’t learnt yet.

If the leaders can’t think well, then, it has to set up a really good think-tank capable of drafting the best papers and sound bites for Barisan leaders, and even produce policy papers that will put the party in good light.

Unlike the other component parties, Umno is still able to retain some very good youth leaders who can articulate their thoughts well, and with good command of Bahasa Malaysia and English. These fresh faces must surely be in the forefront.

If the warlords who run the divisions continue to have their way – now that the easily available funds are drying up quickly – then the demise of Umno will be near, and if they are still looking for deals, then it will be even closer.

Wong Chun Wai
On the beat by Wong Chun Wai

Wong Chun Wai began his career as a journalist in Penang, and has served The Star for over 27 years in various capacities and roles. He is now the group's managing director/chief executive officer and formerly the group chief editor.