Enjoy an engaging conversation in Episode 5 about the potential of should Khairy to join DAP, developments in Sabah and Sarawak, the highly ambitious MRT 3 Project, and the chances for the High-Speed Rail in the future.
Please invite Tony Pua more often on this podcast. Malaysians benefit truly from picking his brain about current affairs. He is so knowledgeable about finance and nation building. Smart people need to be given platform and air time.
Totally agree with Tony on hierarchical economic policy on national level. We made those mistakes in the past by fully moving out of an industry for another just to miss out on both. We made this mistake in the 60s when we moved out of rubber for oil palm and cocoa before that. We made another mistake by abandoning farming for "manufacturing" just to find out that we are uncompetitive in both and hurt our local food production. Provinces and states have to remember that they are part of a larger system under the federation and should play specific role to make the federation work.
The thing i don't understand is why aren't there a frank and comprehensive study on how Malaysia can compete in these sectors before diving into it head on.
Sarawkian here. I'm glad that there is some recognition of the issues Sarawak/Sabah face. That said, I do feel that our state development occurs in spite of, rather than with the support of, the federal government. It is all too easy to say that we could consider shifting sun-setting industries to East Malaysia, but the requisite infrastructure has not even been established. Only now is the pan-Borneo highway a thing. And therein belies the East Malaysians' dissatisfaction: that we watch you guys discuss high speed rail in West Malaysia, when our roads are yet to be built. That said, I feel that this is something that could be discussed further. Perhaps a future topic for this channel?
Good day to you sir, thank you for inviting Tony Pua to your show, I think Tony should be back into the present government because he has many good ideas and is passionate about what he can do to achieve ideas he put forward.
Started 2024 with one episode a day of this podcast! I Every time I finished one episode, I reflected a lot on how ignorant I was towards political literacy and how important I could be to the nation in any form. I just want to say this podcast was life-changing and definitely did inspire me to be a better young Malaysian serving the country. MALAYSIA BOLEH!
So glad to hear testimony from both of you. It is indeed a very exciting journey in your life to be involved in nation building.....there were moments when all had lost hope, emotion run up n down with change of leadership like riding roller coaster, surely more for both of you when you all were hands on in that time. Fight has just begun, and never give up though in a different platform n format. Feel the desire in both of you to contribute constructively for Malaysians. One thing the government should work on is the ability to command English among the nation generally so that they can understand in depth podcast like this.
Good intelllectual discussion between Dr. Ong and Tony Pua. The use of podcast to reach out to the masses has become the rage with the KJ and SH talk show busting chart ratings regularly and not surprised "Are We OK?" has the potential to do so. The Malaysian intellectual community has been so long sidelined from participating in the country's economic development, and we can see the resolution of the Rakyat's problem has taken a backseat to vested interest activities. There is still "trust deficit" amongst the races and this needs to be addressed via regular "crucial conversations" where each bare their souls so that the other can relate and even help out where possible. A "santai" platform needs to be set up where there is constant engagement between Rakyat especially the Intellects and politicians but thus far the platform is far from reality.
They just talk cock la. You shouldn't take them seriously. Once they are back in the Cabinet, they won't speak or think like this. Even if you bring Mat Maslan out of Parliament, he also can speak out his points effectively.
Hello Kian Ming & Tony Pua : Since both of you are so well & most knowledgeable in financial, economy, IT & micro n macro economy, pls come back to lead the Malaysian Chinese community. Our country need young leaders like both of you. Come back as soon as possible. 😊
Having Knowledge isn't enough . You need to address with leaders of different race also . It's easy to be said and done. Malaysia is a secular country with majority is malay Muslims. Those people that studied in Chinese school always have negative views about Malays. I am Malaysian Chinese from national school . If it is so easy it is already done earlier.
At least, there are people in Malaysia who knows what they are talking about. Forget about politics and race, the Malaysian Government must come together to rope in people who can make Malaysia prosper. A prosperous Malaysia is good for Singapore.
I've just sacrificed my Netflix series tonight. I've found the conversations by two former MPs rather candid and enlightening. It's all academic, in my humble opinion. But. here's the challenge though. How will this podcast help our present government learn from the history of the rich past and the missteps, and commit to changing the nation's course to perform better economically, socially, and politically than our neighbours by the next GE?
Politics of non-racial, non-religious and progressive will only leave worthy leaders with little choice in M’sia. KJ will have to decide for himself. Remaining in racial and religious will not get anywhere except more racial, more religious. Even if he rises to the top, he won’t lead the country to greater heights. M’sia have been in doldrums for decades because of racial and religious politics. The country needs reforms in order to move forward. It takes great leadership to visualise it!
Agree that if HSR considers additional stops better utilise current dual rail track system and upgrade trains and processes with the need to spend the full estimated cost of building HSR.
I actually have different thought. If waiting for the population to ready then only build up the facilities, it will be too late. I would think that facilities ready to attract the investor and more population.
Where is the "more population" coming from? There is a glut of housing in the Klang Valley. And more homes continue to be built. Are these housing projects attracting a lot more people to want to move and live in the Klang Valley? Where is the "more population" coming from? To my knowledge, there is not a single HSR being built in the world to attract more population. Share with me the facts.
@@fartofthemutter5298are you sure there's a glut of houses in the Klang valley? Most of my friends and myself have our units rented out and I even managed to increase my rental in 2023. Will do so again in 2024 in line with the increasing rental demand and to be in line with the cost of ownership.😊
Was in Italy for holiday , was travelling from Rome , Florence and Venice . The train was travelling around max 200kph. I think MY can copy the same model and have stops at Johor Baru , Melaka , Seremban and Kuala Lumpur . The one way ticket from Venice to Rome was 80 euro . I think MY need to look at investment return in the longer period ..
ETS top speed is 143km/h from KL Sentral to Padang Besar in 5 1/2 hrs. Roomy interior and comfy seats. Only complaint was the train would slow down greatly when passing thru a few non-scheduled train stations. Upgrade the existing ETS to faster speed would meet the objectives of having a HSR.
Tony seemed a bit of disappointed with malaysia politic, he looks quite down not as energetic and enthusiasm as before, a lot of Malaysian still need your services, stay on we will support u all the ways ❤
Virtually no public infrastructure investments ever make a return on investment in direct monetary sense. It is the indirect value that it creates as a result of it which makes a bigger and more valuable impact for the country/community/economy.
True, but I think their standpoint is not much on making a profit from public infra, but more about not losing too much money than the govt can actually afford. While HSR can bring indirect value (ie facilitate economic activities), it doesn’t make sense if it can’t even cover the money burnt each year just to keep the HSR around
Smart leader look long-term, narrow minded leader only crunch the current number. With due respect, I can see that Tony is really not as adaptable as Dr. Ong
This talk show channel looks very familiar. Mmmm lets see why does it reminds me of “Keluar sekejap” Lol. I like the DAP version better. Kudos. DAP ada buat kerja dan tak rasis. Keep up the good work. Subscribed. BTW No to KJ being in DAP since he can't stand non Malay occupying the same space in a multi racial party due to his standards and bias view. Among the land of the blind a one eye man is the King. He can only use his command of English to stand out among his peers at UMNO but among DAP he is only one of the members fighting for higher position. Remember, his Unclewas a PM once upon a time and because of this he has a right connection and not through performance or effort that he came up in UMNO. So a easy NO
Is there such a department in Gov that can be contacted for advice and licence issue for new business (break away from existing business model) that for Post-Covid era?
HSR symbolises what? What's the big picture of having a HSR plying the length of our golden Chersonese? Have we studied similar projects in Turkey and Indonesia and Laos especially on the costs benefits analysis post implementation?
I don't think so! When PH took over Najib already created 1.2 trillion national debt for us to pay! Anyone could just claimed cost is not an issue! But no one can give a estimate cost of HSR, maintenance and etc! If HSR is done without any loan then it's feasible!
Even a first year econ student will know that such a huge infrastructure project cannot be recouped in a few years and calculated with such a nonsensical way - thats why accountants don't run countries. What about the economical and social benefits of this connectivity?
Agree with TP we cannot have the same expectations that we had when the country was ruled by PH alone! It was a tragedy when the government was brought down by the Sheraton Move! Patriotic Malaysians just cannot forgive those involved in this irrational toppling of a legitimate government !
Tong Pau must realise Singapore didn’t build their Changi Airport and their port on the basis of cost and affordability. Not that we should not consider the cost aspect but since when we consider strategic projects purely from the aspects of cost, population and affordability. It’s more on visions going forward. It takes visionary and leadership to foresee the future. When we mooted building Putrajaya and KLIA some also raised the issues of cost and affordability. Today we said it’s cheap projects we did.
macam mana projek terowong bawah laut lebih relevan dari sistem penyahgaraman air laut sebagai sumber air? Penang lebih memerlukan sumber air dari LRT dan terowong..
Isu Terowong/LRT dan air ialah 2 isu yg berbeza. Pembinaan Terowong dan LRT xkan menyebabkan ketiadaan air di dalam negeri. Air negeri murah dan bersih (bukan warna cocklat). Org yg bijak xkan kaitkan kedua2 isu. Kerja penambahbaikan kualiti paip negeri antara yg paling mantap kalau berbanding dgn negeri lain. Lagi2 pun LRT guna dana kerajaan pusat, manakala air ialah masalah negeri. Kalau bidang kuasa kerajaan pusat dan negeri pun x tau, jgn ckp byk byk.
@@smileeveryday1964 ini bukan pertanyaan dipolitikkan. tapi sekarang Penang ada masalah air yang agak serius, terutama untuk masa akan datang. Penang tak boleh bergantung sepenuhnya pada Sg Muda. Perak negeri yang besar dan tak cukup air untuk berkongsi dengan Penang. Tapi apa tindakan Penang dalam isu air? Kenapa kerajaan negeri pilih untuk buat projek LRT dan terowong bawah laut yang tak penting berbanding air? Tolonglah jangan guna otak penyokong PAS bila anda mengaku sebagai penyokong PHBN. bruh 😕
@@fiqridwan1) Saya dah cakap, LRT bukan projek negeri, ia di bawah Kerajaan Persekutuan (sebabtu projek ni diketepikan masa Penang negeri pembangkang). Tolong jangan guna otak penyokong PAS bila komen, kalau skop kerja kerajaan negeri dan persekutuan pun x tau baik jangan komen. 2) Setakat ini Penang x hadapi masalah air bg rakyat, segala air putus disebabkan oleh kerja penyelengaraan dan naik taraf 3)Perak x pernah kata x cukup air. Air yg dirawat dijual kpd Penang. 4)Siapa kata kerajaan negeri Penang x peka terhadap isu air, mereka dah banyak kali berbincang berkaitan dgn masalah pembelian air dalam DUN. Oleh itu hari tu cetus pandangan yg berbeza antara Lim dan Chow dalam DUN (Kalau x tau, tlg pergi tengok live/ highlight). Ko ingat panel consultant dalam Penang tu patung ke (Penang antara negeri yg paling maju ke depan)? Mereka tentu ada rancangan sendiri 5) Oleh itu, x timbul pun sama ada negeri kena pilih antara LRT atau air sebab LRT memang projek kerajaan Pusat. Kedua2 ni boleh dijalankan secara bersama, xde masalah. Hanya org berfikiran penyokong un yg nak politikkan isu sb x nak lrt dibina padahal itu projek pusat. Bruhhh... Byk baca pengajan am tingkatan 6 untuk ambil tahu bidang kuasa pusat, negeri dan tempatan (PBT) barulah komen.
I may not be an expert in politics but base on my knowledge of over 40yrs, i can say this guy KJ is as dangerous as MM so not in favour of him joining DAP.
Tony's argument on the HSR doesnt make sense. KL-Singapore is the busiest international air route in the world. If the busiest air route in the world cannot justify HSR, using this logic no route in the world can justify HSR which is ridiculous. The improved connectivity between the two cities can lead to induced demand beyond current levels, leading to an increase in trade between KL and Singapore. This needs to be considered, and not just the revenue received from selling tickets. Tony seems to be very conservative when it comes to government spending and refuses to consider indirect benefits and economic growth effects caused by these large transit projects
Is there any research to substantiate the argument that improved connectivity between KL and Singapore "can lead to induced demand beyond current levels, leading to an increase in trade"? To argue on the basis of logic requires one to take other parameters into consideration, not just the that it is the busiest air route in the route. Yes, KL-Singapore may be busiest air route in the world, but it is probably also the shortest international route!
It's just a hypothesis that has yet to be tested. Unfortunately this is not something you can test in the lab. It is a gamble. Has enough consumers or passenger's survey been conducted to gauge their perception?
Taiwan population is 23mil. Taipei to Kaohsiung is 350km. They have been running high speed rail since 1998. I suddenly felt Tony’s mind are so narrow-minded.
Which HSR expert said High speed rail must only from Singapore to KL? The minimum distance for high-speed rail is 50 km (that is Jurong East to Iskandar City) 50 km is often considered a minimum, leaving enough for high speed trains to accelerate and reach cruising speed that makes the advantages of high-speed rail relevant.
It can be KL to Johor also, wherever place, the more stops you put in (just with that hope to fill all the seats up), the more delay your high speed rail is. Just when you are about to hit the max speed, you slow down again to make a stop then you cruise another 15 mins to high max speed and to decelerate another 15 minutes before stopping. So you HSR serve no purpose because they only have less than 1/4 of max speed time. Might as well upgrade ETS. ETS these days can hit 180+km/h, we upgrade it a bit hitting 200km/h should be good enough.
Nobody say that HSR cannot be short distances like 50 km. And for such short distance of 50km, how much sooner can one get travelling on an HSR compared to driving? Cut from 45 mins by road to 15 minutes by HSR? At what investment costs?
Very insightful chat. This episode felt like a company meeting where Tony Pua is a consultant and Malaysia is the company. Evaluating all the "business decisions" made by the company 📈📉📊
Most politicians are opportunistic creatures. Mostly they claim that they are working for the people, but really, in fact they are working for themselves to amass money and power. The people are in fact to be blamed. People individually does not have knowledge, power and intuition to judge a politician.
as a Singaporean listener and knowing a little about MY government politics, I must said that Tony Pua is the most enlightened and rational policy makers who is realistic and down-to-earth. He is the type of guy to move your fragmented (Federal vs State) country forward. He is far better than Dr Ong in my opinion. I can sense his disappointment (an sigh) in MY politics. A great talent who will do well in a proper more conducive environment.
to be fair, HSR cannot be compared to air travel. Too much time is being wasted going to and fro the airport, getting there early, checking in, waiting times, flight delays etc. But off the hand, I do think it might benefit SG more than MY. Should get SG to foot at least half of the bill.
KJ has schemed, plotted, and placed his bets throughout his entire career. Won some, lost some. Unfortunately he has no chips left. We like him on RU-vid better.
Sabah has poor transportation network , poor internet connectivity which also affects banking systems, electricity blackouts and flooding in even town areas. Maybe the government needs to solve those issues first before dreaming of high value foreign investments.
Whoever or whatever race he or she in nation building. Most importantly is their education is relevant and can help instead of a general degree from back door university
I hate to say the quality of university students esp MU has dropped so badly I fear the competency of future leaders it produces to run M’sia. You are talking about future executors and leaders staffing our civil service, with sound financial management and planning competency comparable to world class standards like S’pore.
Big infra projects and FDIs always make catchy headlines but are u missing out on the other half of your voter base? Recently 30% pay gap was published, yet no official so-what statement from DAP that boasts an affirmative action of 30% quota.
The ROI from the HSR tony refers to concerns the ticket only. But HSR actually is a game changer which will spur economic activities between Singapore and Kuala Lumpur. The HSR actually links two countries instead of two cities. Integration between 2 financial hubs will no doubt strengthen and unify Singapore and Kuala Lumpur's financial capabilities to take on the whole world. Tony's shallow take on the HSR is much regretted.
Tony is basically very YAYA when he talks. It really annoyed educated listeners. His fans are mostly the village type people who cast him as a hero figure. He talks like he is a superior being knowledgeable of all things. If I were from the other races, I will think he is slighting me. You are so right to give a valid opinion to counter Tony rubbish opinion. The connectivity of KL and Singapore will create spark that surely create economy boom in a big way. When that happened, Tony will never come out to apologize for his rubbish comment that stained the mind of many people in his country. He is most likely to say he talks in jest and not meant to be taken seriously. What a joker he is.
Tony's strength is his possession of vast knowledge of economics and finance. He talks dollar and cent and is not easily understood by normal people in the street. I enjoyed listening to these 2 smart people.
@@yummycrepe Tony may be very YAYA, and by your comments, so are you. The biggest difference is you don't get invited to a podcast to talk about national issues. 😜 Many people take his views seriously. Not sure how many take yours seriously.
Of course it's more than ROI. it's about fiscal discipline. Malaysia's current debt-to-Gdp is 63.8% and Fitch rating of BBB+ (meaning more expensive to get capital/credit). Would u go buy new TESLA when u have 3 protons to pay off?
After listening to Tony input in few session, this guy is always one sided in his opinion. Now we don't have the population now we don't need it bla bla bla. Please learn from Singapore gov planning forward in anticipation. In any hsr when it was build like Taiwan, the benefit only come many years down the road
Forget the expensive HSR la. Later when hyperloop becomes cheap and viable, then we invite Elon to come build. That time Singapore KL maybe 30 minutes only.
I heard a rumor among the civies that KJ is a charismatic schemer, he planned, followed and crashed into pak lah’s daughter’s car in order to woo her, she then became his wife. If it is true, such a person is never to be trusted. But who knows. I have zero trust in tuan of land clans and supporters. 😂
@@mfaredabdullahseems like it kan, but who knows. The gossiping network capacity among civvies is not to be underestimated. I heard if their cult “marked” you, they can even dig out your personal health data, your private WhatsApp texts and shid ya know. Truth or fiction. Who knows? Maybe somebody should investigate? 😂🤷🏻♂️
Nak banggakan bahasa melayu, eloklah tulis dengan betul. Ejaan "ditanah" harus dijarakkan menjadi "di tanah". That is basic Malay and you don't even know.
@Hs5687 , it may be correct oxfartkj is not dump or naive BUT DARM BLARDY CORRUPTED N TOOOO GREEDY . proven RM 100 Millions youth ministry n EXPIRED VACCINE RM 500+ millions ??????.
If Khairy joins DAP then it should help DAP to remove the Chinese party image and also the communist party image created by UMNO in the past 30 over years. It is also good for Khairy because too long away from politics, Khairy shall be a nobody politically.
Lmao if building a hsr doesn’t make sense, why not upgrade the two tracks into standard gauge to fit in hsr stocks instead? Even if u said added stops it won’t become hsr anymore, why can’t just arrange schedules for direct trip and multi stop trips to coexist lol. And force ktmb to open their tracks to public to induce competition like Japan, since ktmb always can’t do a good job of providing stable service anyway.
KJ is another kind of politician. I don't think he likes to join DAP. Coming out from the UMNO block, very doubtful that he is much different from those warlords or elites.
Need to stop trying to emulate Singapore, need to discover own USP. Will be a case of forever playing catch up, Singapore is a pure-play services that malaysia can only catch up with. Need to discover a complimentary niche to Singapore else forever competing in chosen industries. Brain drain biggest issue due to strength of currency, culture and identity. Else how to pitch to Singapore on a win-win when it’s only Malaysia win Singapore lose, Singapore also not stupid.
