How will the future be like ?
What does this mean ? • Competition will be intense• Malaysia will be challenged – Within ASEAN, China• Traditional markets will not look as good • This will impact our personal income – How will organizations pay your salaries if their incomes
are reduced• Can we become a higher income nation ? • Do we produce a new generation of leaders that can
compete globally ?
Where is Malaysia’s wealth? • Services (56%) – things we sell to ourselves• Manufacturing (28%) – things we sell outside – but which MNC really keep for themselves. No distribution of
income. – The buyers don’t have much money anymore – Cheaper places to manufacture
• Agriculture (7 %) – That thing call Palm Oil• Government – They make things stay afloat by pumping
money into the economy . But how long can this go on ?
Should you be worried ?
What do we need ?
Attitude: It is not always about money
RM38/ month
You will never know what you can achieve if you don’t break it.
Do you have the balls ?
What is your Value ? Do you know it ?
Nasi Kandar (late 19th Century)
ASEAN - Where will we be ?
Indonesia – 250 million
Philippines – 96 million
Vietnam – 90 million
Thailand - 70 million
Myanmar – 49 million
Malaysia – 29 million
What do we have ? • Stable Government – Yes elections is coming . So ? – The Art of Progress is to preseve order amid change and to
preserve change amid order (Alfred Whitehead)
• Versatile and Open community
• Big savings = Capital
• Good Infrastructure
Thank you
Twitter - @tengkufarithFB - tengku.farith
SKALI’s FB – skali.net