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THANKS for the calls and discussions/suggestions on my last Sunday’s article “Why A Sabahan First Policy Matters”. I append below some of the points that will and can be relevant for the success of this policy
I HAVE the privilege of meeting Datuk Bung Moktar recently. Not surprisingly, our conversation should turn to Sabah’s run-down and/or lack of infrastructures. What surprised me were [a] his in-depth knowledge of Sabah’s serious problems in infrastructures, [b] his heightened awareness/concern of their acute/adverse economic impacts on Sabah’s economy and [c] his sense of urgency in seeking solutions. [d] Most comforting is Bung Moktar’s view that the solutions to our perennial infrastructural headaches are not to be found in politics, rather in leadership, manageme...
Published on: Sunday, July 25, 2021 By: Datuk John Lo Text Size: TAN Sri Harris, during his CM tenure, had a big vision for Sabah. Among the many development vehicles that he had formed, the most important were Sabah Bank and Sabah Development Bank. How he managed to get approvals for these two financial institutions from the Federal Government was miraculous as no other state up to day have succeeded to get even 1 financial institution in the name of their states! His objective for these two financial institutions, together with Sabah Credit Corporation and Borneo Housing was to finance ...
Published on: Sunday, July 18, 2021 By: Datuk John Lo Text Size: IN advanced countries Government policies and administration/implementation system are in sync with the private sector, government leaders providing leadership to drive the economy with clear directions, well defined policies, effective implementation strategy and where appropriate, financial assistance and/or incentives for the private sectors to thrive and prosper. Singapore and China have gone one step further with their excellently well managed GLCs or SOEs [State Owned Enterprises]. Often, these organizations are the econom...
One of the most important economic roles of a government is to DETERMINE WHO SHOULD GET WHAT in wealth and income distributions. Sabah’s distributions of wealth/income, especially in Agriculture/Fishery, has been in the wrong track for a very long time, resulting in many Sabahans being stuck in poverty for generations, especially in the coastal fishing villages and rural farming communities. Sabah has oil/gas, rich forests, vast track of fertile lands, and unbelievable rich marine life in Malaysia’s longest coastline. Despite all these gifts from GOD, many Sabahans have become economic...