How much influence does the WEF have on Malaysian government policy?
How much influence does the WEF have on Malaysian government policy?
Government ministries and agencies going all out in to be in Davos this week
Malaysia’s long relationship with the World Economic Forum reached a milestone last year where a joint office, the Centre for the Fourth Industrial Revolution Malaysia (C4IR) was set up to accelerate the green transition and digital transformation.
This week in Davos, a host of Malaysian ministries and agencies are all represented. Leading the Malaysian charge is the minister of international trade and industry (MITI) and the Malaysian Industrial Development Authority (MIDA). Other agencies lining up for Davos include the Economic Planning Unit (EPU), and the Ministry of Finance, the Employees Provident Fund (EPF).
In addition, Petronas, Sime Darby, Pemodalan Nasional Berhad (PNB), and Khazanah Nasional will be in Davos. A host of business leaders who interconnect with the government are all members of the WEF. These include Abdul Razak Baginda Malaysian Strategic Research Centre (MSRC), Nazir Razak CIMB, Lim Thian Kiat Multi-Purpose Holdings, Halim Saad Renong/UEM, Sarina Aman-Karim Multimedia Development Corporation, Justin Leong Genting, Anthony (Tony) Fernandes Air Asia, Tong Kooi-Ong The Edge Media Group, Ricky Wong Asia Media, Rohan Ramakrishnan ASEAN Post, Rohana Rozhan Astro Holdings Malaysia, and amongst others Shahzad Bhatti Axiom Learning.
Current trade minister Tengku Zafrul Abdul Aziz were most probably the two principal purveyors of the WEF to the Malaysian scene. Tengku Zafrul is an unofficial nexus between to current government and rulers.
There are also a number of ministers and politicians who are members of the WEF. Until very recently most openly acknowledged their association with the WEF, but a number have asked the organization to take their names off the WEF official website. However, in searching names there are records of meetings they attended and/or spoke at. Current members of the WEF in the government include Azalina Otham Said, member since 2003, Nurul Izzah Anwar, a member since 2012, Steven Sim, a member since 2012, Hannah Yeoh, a member since 2018, and Yao Bee Yin, a member since 2019.
Just over a year ago, Malaysian politicians were proud to associate themselves with the WEF. However, as the policies of the WEF are becoming more known to the public, many have asked the WEF to takedown their membership webpages from the WEF website.
WEF affiliation is becoming a prerequisite to awarding of contracts from the Madnai government
Since Anwar Ibrahim came to office, many directly negotiated contracts are being awarded to WEF affiliated corporations. Bumiputera companies no longer getting the most important contracts from government today.
Over the last twelve months, Bumiputera companies are no longer obtaining the lucrative and strategic contracts from the government.
Just in the last few weeks, a subsidiary of YTL Corporation, KJS-SEP Synergy (M) Sdn. Bhd. was awarded a concession that gave the company control over revenue of toll-way concessionaires, with the installation and implementation of multi-lane free flow (MLFF) systems in all Toll-Way exits across the country. This important strategic contract was not tendered out, nor was the responsibility to install them ever discussed with the concessionaires. YTL is an affiliated company with the World Economic Forum (WEF).
Companies involved in strategic land swaps with the Selangor State Government in exchange for work undertaken involve companies involved with the WEF. Berjaya Corporation involved in the Selangor Maritime Gateway, is a member of the WEF, as is its founder Vincent Tan. The architect and equipment suppliers for the new national digital ID system, Frost & Sullivan and NEC are both companies affiliated with the WEF.
Industry 4.0
Malaysia’s pursuit of Industry 4.0 as a means to improve productivity is not a job creation strategy. In a country such as Malaysia where there is both a large informal sector and labour-based production economy, Industry 4.0 will actually reduce job availability and increase unemployment. Only a handful of corporations in hi-tech industries will reap the benefits of Industry, as most companies in Malaysia don’t have the necessary capital available to acquire and implement Industry 4.0 concepts. Its also doubtful whether the necessary indigenous innovation is available to capitalize on Industry 4.0. at present.
Enhanced role of GLCs
The WEF strongly believes in stakeholder-capitalism, where corporations and government partner in the running of government and designing the future nature of society. The Madani government has strongly affirmed the future role of GLCs in Malaysia. GLCs are now agents of the government, which has outsourced much MSME development to GLCs to undertake.
Digital Identification
The Madani government is very much pro-identity digitization and is currently introducing a national identity system that will link citizens to all government (and some corporate) databases. This is now happening at an acerated rate in Malaysia.
Economic policy
Current economic policy is focused upon building up corporate economics. Policies that enhance community power and wealth are ostentatiously missing from Madani economics. Madani economics is not tackling national debt and increasing it to introduce its programs.
Public Health
Malaysia currently has a pro-Covid-19 vaccine policy, and appears willing to accept the authority of the World Health Organization (WHO) over health policy. This means future governments will be bound by edicts made by the WHO.
Foreign Policy
The Madani government has made a quiet pivot towards the US, most probably at the cost of Malaysia’s long-term relationship with China. Until the Madani government, Malaysia was respected for being largely non-aligned with cordial relationships with nearly every nation. Malaysia is clandestinely drifting into the US camp.
Government ministries now rely to a great degree of WEF studies and research. The nation’s think tanks are also becoming WEF influenced, where the outcomes they suggest are consistent with WEF ideas. One of the potential issues is that many WEF ideas may not be suitable for the Malaysian environment. Some WEF premises on industrial automation, public health, and climate change should be publicly discussed before accepted as givens.
The future direction of WEF policy can be seen in the topics that are being discussed in Davos this week. Sessions include regulating non-banking financial systems, developing alternative energy production, living with less energy, developing AI, reskilling the workforce, mapping solutions for extreme weather, preparing for disease X, collaborative surveillance, disinformation and freedom of speech, and the US role in the world. Let’s hope the Malaysian bureaucrats who attend the sessions, do so critically.
https://x.com/CatchUpFeed/status/1747401883273318689?t=0NN9hVrFMqM4PZ0jEc7MvA&s=09
The WEF is now becoming an element within Malaysia’s deep state.
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There was that hilarious bit of news the little UkroNazi Zelenskii wanted to meet the Chinese PM Li at Davos. Apparently, the Chinese PM told little UkroNazi to fcuk off.
Little Zelenskii converted the slight to one in which the midget pulled rank saying Li was only at a level where he could only meet the Ukrainistan PM, not a mighty president like himself.
And the mighty midget conveyed words he would like to meet with Xi. Only that Xi has always shy away from anything to do with a creature who hasn't got a second t-shirt.
I suppose our ministerial battalion could meet up, at least, given how corrupt Ukrainistan is, both side could at least meet at eye level, have common ground, become great buddies.
That said, Ukrainistan has plenty Bolehland needs. Last they had any friendly exchange, UkroNazis were chucking out Bolehland's students by their face during the start of the war with Russia.
And, as usual, Bolehland's rapid response wonders were caught with their sarongs down, totally unable to protect our precious souls from being held from leaving, thumped, or spat on.
In spite of China seeing Ukrainistan as nothing but a stooge proxy of the US, the Ukrainistanis were sweet with the Chinese, they found buses for the ride out of Ukrainistan and the police escorted the Chinese all the way into Poland, Alhamdullilah!
Well, our ministerial tourists had better tell the Ukrainistanis at Davos to be nice to Bolehlanders still left behind after the first outbreak of war, the next outbreak the Russians will be occupying Ukrainistan and you've got to be nice to both them and the Ukrainistanis.
Oh, for a huge country, Russia ain't making an appearance at Davos. Which goes to say, wtf are our useless ministerial a-holes there for, really... Maybe buy a Hariri, our monkeys think it's a fast car..! Yes, he's out there to pull a fast one on our dumbfcuk monkeys...
Btw , are our monkeys aware Davos is Sin City when Herr Surgical Swab is in town? I hope our lot are not out there looking for backsides.
Worse still, offering their's!
The jews control usd100tril of money circulating among themselves. Last year, singapore gets usd100bil in fdi as compared to usd10b for malaysia. This is because they trust the systems by the singaporeans.
Now that the madani government attack the jews, there will be less than usd5b that will be allowed to invest in malaysia for year 2024.
They will maintain a high interest rate for deposits in US and this thursday will see that their sales figures increase. This ensures our rgt will be weak to a point of usd to myr at rgt4.9 by this friday.
The jews will also likely not facilitate a friendly medium term loan financing rate to malaysia and this will surely slow down wealth creation in 2024.
Pmx need to be nice to china too as they are not letting their money come to malaysia. Trade has slowed down hence less demand for rgt.
It is best that malaysia be nice to the jew, dont betray the chinese and start working out on governance framework for the generative ai like singapore is doing.
Meanwhile, pmx should invite every party to join the madani journey otherwise Malaysia will be left out.