tag:blogger.com,1999:blog-6297413898275266606.post1837115729255770029..comments2024-03-08T21:24:41.954+08:00Comments on Economics Malaysia: Proton in Perspective: Industrial Policy Gone Wronghishamhhttp://www.blogger.com/profile/06265308095732759923noreply@blogger.comBlogger24125tag:blogger.com,1999:blog-6297413898275266606.post-27524053149515737022016-04-27T01:36:33.660+08:002016-04-27T01:36:33.660+08:00"I think you miss the point Hisham is trying ..."I think you miss the point Hisham is trying to make." - maybe, but he did use the term "bumi"<br /><br />"As for cultural differences, remember that they all operate in Malaysia regardless Perodua or UMW or Proton, so their corp culture start from the same base of workers." - i mean working culture regardless of race or bumi. not sure if you or hisham notice the HYhttps://www.blogger.com/profile/13569953968996951830noreply@blogger.comtag:blogger.com,1999:blog-6297413898275266606.post-30268761873207193402016-04-25T20:26:59.727+08:002016-04-25T20:26:59.727+08:00HY, I think you miss the point Hisham is trying to...HY, I think you miss the point Hisham is trying to make. You support an industry fairly, not a particular player in the industry.<br /><br />If you start selectively supporting Perodua only, it gives them leeway to be inefficient. It will eventually go the same way as Proton.<br /><br />As for cultural differences, remember that they all operate in Malaysia regardless Perodua or UMW or Proton, sometalhttps://www.blogger.com/profile/12434769410485633081noreply@blogger.comtag:blogger.com,1999:blog-6297413898275266606.post-67291319664976872462016-04-25T20:26:32.741+08:002016-04-25T20:26:32.741+08:00HY, I think you miss the point Hisham is trying to...HY, I think you miss the point Hisham is trying to make. You support an industry fairly, not a particular player in the industry.<br /><br />If you start selectively supporting Perodua only, it gives them leeway to be inefficient. It will eventually go the same way as Proton.<br /><br />As for cultural differences, remember that they all operate in Malaysia regardless Perodua or UMW or Proton, sometalhttps://www.blogger.com/profile/12434769410485633081noreply@blogger.comtag:blogger.com,1999:blog-6297413898275266606.post-35957045561652479352016-04-23T10:36:17.146+08:002016-04-23T10:36:17.146+08:00not bumi vs non bumi, is msia vs japan. not bumi vs non bumi, is msia vs japan. HYhttps://www.blogger.com/profile/13569953968996951830noreply@blogger.comtag:blogger.com,1999:blog-6297413898275266606.post-46342771459130477542016-04-15T07:58:10.287+08:002016-04-15T07:58:10.287+08:00The effect of culture on development is inconclusi...The effect of culture on development is inconclusive. <br /><br />Also, generalized statements that Malays 'narcotize themselves through faith as a balming excuse for his lot' is suspect to faulty generalization. <br /><br />Institute of Southeast Asian Studies noted that women participation in business is particularly high in Kelantan where women are involved not only in the petty, Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6297413898275266606.post-21437966085746300302016-04-14T18:51:52.311+08:002016-04-14T18:51:52.311+08:00@Azfar
We've got a lot of leeway, even under ...@Azfar<br /><br />We've got a lot of leeway, even under TPPA. In fact there might be a little too much leeway. Yes, industrial policy is still possible under the TPPA, as long as we don't discriminate between domestic and foreign players.hishamhhttps://www.blogger.com/profile/06265308095732759923noreply@blogger.comtag:blogger.com,1999:blog-6297413898275266606.post-52500063497801264482016-04-14T18:49:21.545+08:002016-04-14T18:49:21.545+08:00@anon
I don't see any difference between Prot...@anon<br /><br />I don't see any difference between Proton's business model and anybody else's. So Shifting the "business model" doesn't really make any sense in this context.<br /><br />As for culture, UMW Toyota is almost entirely Bumi from top to bottom (note that UMW is also part owner of Perodua). So was Honda Malaysia's plant when I visited last year. I don'hishamhhttps://www.blogger.com/profile/06265308095732759923noreply@blogger.comtag:blogger.com,1999:blog-6297413898275266606.post-50310108384029511642016-04-14T16:09:57.734+08:002016-04-14T16:09:57.734+08:00What's your take on industrial policy now. Is ...What's your take on industrial policy now. Is it still worth it to pursue one with TPPA looming?<br /><br />AzfarUnknownhttps://www.blogger.com/profile/09872947345409203455noreply@blogger.comtag:blogger.com,1999:blog-6297413898275266606.post-87557687415786311242016-04-11T17:42:30.577+08:002016-04-11T17:42:30.577+08:00Sorry, what i mean is shifting the business model ...Sorry, what i mean is shifting the business model rather than picking champions. Obsolete business model has to be phased out. <br /><br />"Why did Malaysia fail, and Japan and Korea (and more generally, Taiwan and Singapore) succeed?"<br />I think is culture problem, not the policy taken. Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6297413898275266606.post-54251001994227941642016-04-11T17:32:51.463+08:002016-04-11T17:32:51.463+08:00Do you think how long Malays should take precisely...Do you think how long Malays should take precisely? Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6297413898275266606.post-91722144972684022762016-04-11T16:41:56.633+08:002016-04-11T16:41:56.633+08:00The two buttons of the malay are islam and automob...The two buttons of the malay are islam and automobiles.<br /><br />It is better to have know-how about an industry than to have a product, not even naturally cheap, that does not even have a carpet or floor mat that covers properly, that does not even have home-designed content.<br /><br />If you seriously want to help the malay change his mindset, reduce the first, increase the second.<br /><br Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6297413898275266606.post-88488154702508304512016-04-11T13:39:29.191+08:002016-04-11T13:39:29.191+08:00@anon
The point of this post is that picking cham...@anon<br /><br />The point of this post is that picking champions doesn't really work. Current government policy which treats all players more or less equally (Proton excepted), is what's likely to make the industry sustainable, not trying to boost Perodua or Proton.hishamhhttps://www.blogger.com/profile/06265308095732759923noreply@blogger.comtag:blogger.com,1999:blog-6297413898275266606.post-50666773063690890962016-04-11T13:37:15.404+08:002016-04-11T13:37:15.404+08:00@Zuo De
I can tell you, the people at Sime would ...@Zuo De<br /><br />I can tell you, the people at Sime would be upset at being labeled a GLC, much less doing national service, regardless of their shareholders. Sime goes out of its way to be independent.hishamhhttps://www.blogger.com/profile/06265308095732759923noreply@blogger.comtag:blogger.com,1999:blog-6297413898275266606.post-43840106561376823942016-04-11T13:33:58.143+08:002016-04-11T13:33:58.143+08:00@Value Investor
I had a similar experience, havin...@Value Investor<br /><br />I had a similar experience, having visited both Honda Malaysia and UMW Toyota.hishamhhttps://www.blogger.com/profile/06265308095732759923noreply@blogger.comtag:blogger.com,1999:blog-6297413898275266606.post-8360469416591694102016-04-11T13:30:59.682+08:002016-04-11T13:30:59.682+08:00@Justin
You're talking about a whole differen...@Justin<br /><br />You're talking about a whole different ball game. The Japanese/Korean model is based on private sector companies protected by public policy, not SOEs. Samsung remains privately held for example.<br /><br />And Korea remains an oligopolistic economy, with chaebol still very prominent - Hyundai, LG and a whole bunch of other chaebol remain very much active, even if Samsung hishamhhttps://www.blogger.com/profile/06265308095732759923noreply@blogger.comtag:blogger.com,1999:blog-6297413898275266606.post-49364639662496864362016-04-11T13:19:22.948+08:002016-04-11T13:19:22.948+08:00@azlan
No, not just R&D, but the whole proces...@azlan<br /><br />No, not just R&D, but the whole process from A to Zhishamhhttps://www.blogger.com/profile/06265308095732759923noreply@blogger.comtag:blogger.com,1999:blog-6297413898275266606.post-46344427145698423982016-04-08T23:43:04.594+08:002016-04-08T23:43:04.594+08:00I think Perodua is more sustainable and feasible f...I think Perodua is more sustainable and feasible for Malaysia than Proton. If government channeling the funding to Perodua, the impact will be bigger and help expanding the hub in SEA. Investment in Proton is the worst case scenario, of course just take care vendors and workers' bowls and national pride, but not sustainable. Soon will need another boost of injection. Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6297413898275266606.post-12938770602488699652016-04-08T09:02:54.588+08:002016-04-08T09:02:54.588+08:00That is the differences between an entity on "...That is the differences between an entity on "national service" and one that is purely commercial. MAS, Sime and the GLCs are all doing "national service". In reality, the unemployment should be +2% or more higher than current 3+%. So a balance to manage higher society unrest versus what we currently having.<br /><br />Zuo DeAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-6297413898275266606.post-41218365664501393932016-04-07T15:33:53.462+08:002016-04-07T15:33:53.462+08:00I had the opportunity to visit both Proton and Tan...I had the opportunity to visit both Proton and Tan Chong Motor (TCM)'s assembly plant in Shah Alam and Serendah respectively. Below are my observations:<br /><br />(1) Proton's assembly line relies a lot on labour whereas TCM has more assembly section automated.<br />(2) Where manual labour is required, Proton seems to be having more personnel per section assembling the CKD part such as Value Investorhttps://www.blogger.com/profile/07604438410220071922noreply@blogger.comtag:blogger.com,1999:blog-6297413898275266606.post-77815205336673247992016-04-07T10:05:24.691+08:002016-04-07T10:05:24.691+08:00Well, there was a joke about this. Malaysia wanted...Well, there was a joke about this. Malaysia wanted Proton. Thailand wanted the car industry. Both got what they wanted.Hafiz Noor Shamshttp://maddruid.comnoreply@blogger.comtag:blogger.com,1999:blog-6297413898275266606.post-12864813091564043632016-04-06T18:02:04.949+08:002016-04-06T18:02:04.949+08:00Joe Studwell actually wrote an entertaining book a...Joe Studwell actually wrote an entertaining book about this - How Asia Works. He did mention that the losers of the internal competition are eventually gobbled up by the winners...Vincenthttps://www.blogger.com/profile/09458518514047905511noreply@blogger.comtag:blogger.com,1999:blog-6297413898275266606.post-17308230762942280232016-04-06T17:25:00.057+08:002016-04-06T17:25:00.057+08:00What about underperformance of Chinese SOEs then? ...What about underperformance of Chinese SOEs then? Doubt they operate a champion-styled industrial policy with so many players.<br /><br />Likewise, no one questions Samsung's competitiveness when all of its domestic rivals are gobbled up.Justin limhttps://www.blogger.com/profile/06534178649632971026noreply@blogger.comtag:blogger.com,1999:blog-6297413898275266606.post-90591998309122652772016-04-06T17:23:26.964+08:002016-04-06T17:23:26.964+08:00This comment has been removed by the author.Justin limhttps://www.blogger.com/profile/06534178649632971026noreply@blogger.comtag:blogger.com,1999:blog-6297413898275266606.post-88386793611579137972016-04-06T17:07:00.580+08:002016-04-06T17:07:00.580+08:00So is it a case of Proton being lax in the R&D...So is it a case of Proton being lax in the R&D process due to them having no direct competition en hisham? <br /><br />azlanAnonymousnoreply@blogger.com