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Saturday, September 17, 2016

DON’T GIVE UP ON MALAYSIA YET – FORMER MCA CHIEF TAN KOON SWAN TELLS CHINESE AMID MASS MIGRATIONS

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Some Chinese may have migrated abroad due to unhappiness with the situation in Malaysia, but former MCA president Tan Koon Swan thinks the community still has a bright future in the country.
He said while some Chinese believe they are mistreated by the government, or that there is no future for them in Malaysia, the reality is the opposite.
In an interview with the Sin Chew Daily, the politician turned entrepreneur said although a number of large companies appeared to be controlled by other races, deeper analysis reveals that the Chinese still contribute 70 percent of the country’s gross domestic product (GDP).
Therefore, said Tan, who was MCA president from 1985 to 1986, the Chinese still play a major role in the country’s economy.
He cited Felda as an example, which together with Sime Darby’s oil palm plantations and other bumiputera entrepreneurs, control about 25 percent of the estate lands.
Several Chinese large entrepreneurs control 20 percent of the estate lands and the rest of the 55 percent belong to small estate owners “that you know are whom”, said Tan.
He told the Chinese daily that although some Malays enjoy power, high salaries and good benefits in the government-linked companies (GLCs), most in the Malay community still live hard lives of suffering, if compared with the Chinese.
No absolute fairness, but…
He added while there is no absolute fairness to the Chinese in Malaysia, they nevertheless still have relatively fair opportunities to start their businesses.
In conclusion, Tan said with the development of China’s ‘One Belt, One Road’ economic policy that includes Malaysia and Asean’s new economic region, Malaysia will have a huge market to explore and great potential for development. – M’kini

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