The practice of giving needs to be eradicated as much as the culture of taking
There has been a spate of acquisitions worldwide, with Chinese and Indian automakers snapping established marques such as Volvo, Jaguar and Land Rover.
By the way, Jaguar and Land Rover are now owned by India’s Tata Motors.
Malaysians have long suffered from steep car prices due to the high import duties to protect Proton from foreign brands.
There has been a huge debate on whether the national car policy benefits or burdens the nation.
Little known to many, the Proton national car project was launched without much consultation, either outside or inside Malaysia.
It seems that while he was still Minister of Trade and Industry, Dr Mahathir contacted Mitsubishi, and reached an agreement with the Japanese carmaker.
Only a narrow circle of Malaysians was engaged in the negotiations.
Proton’s problems started almost as the company started its production. Over the years, it has changed hands many times.
The main challenge is how to sell enough cars to reach a viable scale of production. Its export market, however, is very limited, even almost negligible.
Previous attempts to produce an “Asean” car also failed. Two attempts to cooperate in producing a car with Indonesia also fell through.
In an interview with this paper today, DRB-Hicom group managing director Datuk Seri Syed Faisal Albar described Geely as the “best partner” for Proton, given its position as a global business group.
“Pound for pound, Geely was the best suitor,” he declared.
He said it took more than a year to close the deal. “We needed to find a partner that understood what we wanted and what we needed,” he said.
He said Proton now has a fair chance of making a strong comeback as a leading carmaker in Malaysia, as well as expanding overseas.
Proton, founded more than 30 years ago, is embarking on a new and more exciting journey with Geely opening up doors in China and elsewhere.
It has to finally make its mark as a global player, well supported by its shareholders, employees and vendors.
IN the past few weeks, we have seen a number of arrests of policemen which some say shows the government’s solid intentions to fight graft, via the force and the Malaysian AntiCorruption Commission (MACC).
If it indeed signals such, then fantastic. Nothing inspires confidence in a government more than transparency and the will to combat corruption. But how did it come to this point in the first place? We have 30 policemen, including high-ranking officers, arrested for corrupt practices, either by their own colleagues or MACC.
Yes. They have not been convicted yet, let alone charged. So, these remain mere allegations, at least for now. But, even the mere mention of graft in a force which is there to keep us safe, protect us and work for us, is just too much.
First, we had more than a dozen policemen in the Narcotics Department picked up for allegedly colluding with, quite literally, the enemy. They are suspected to be working with drug distribution syndicates, in all manner of ways.
These include warning the syndicates whenever a police raid was imminent, changing urine test samples so that drug tests come back negative, making sure evidence gets lost, and everything you can imagine they could do.
In the next few days, more such policemen were detained by Bukit Aman’s elite units, and a major shake-up in the Narcotics Department is under way.
Then we heard of a major sweep by MACC officers in Melaka. From headquarters in Putrajaya, MACC officers went into action, arresting a number of Melaka policemen, including the district police chiefs of Melaka Tengah and Jasin, and the Criminal Investigation Department chiefs of Melaka Tengah and Alor Gajah. Also arrested were several other officers and policemen from the rank and file.