Tengku Farith presentation during Young Corporate Malaysians (YCM) CEO Series 42.
Date : Tues, 10 July
Time : 8pm – 9.30pm
Venue : Intercontinental Hotel, KL
3. 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 ?
4. 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 ?
10. Nasi Kandar (late 19th Century)
What is your Value ? Do you
know it ?
11. Indonesia – 250 million
Philippines – 96 million
Vietnam – 90 million
Thailand - 70 million
Myanmar – 49 million
Malaysia – 29 million
ASEAN - Where will we be ?
12. 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