When it comes to money, everything is halal. Even the import of pork has no stigma to it, that even BN's racialist Chinese component party, MCA, has no control over this much sought after meat, always associated with Chinese.
Excerpt from Dr. Lim Teck Ghee's article in CPI, 'NEM at ground level: Same old model, no paradigm shift'
"When the New Economic Model (NEM) was first unveiled by the government, Prime Minister Najib Razak promised that it would be market-friendly, merit-based and transparent. Three years later, most business people have discovered that it is the same old model in new packaging — still not market-friendly, not merit-based and opaque. It is turning out to be little changed from the corrupt-ridden, crony-dominated, patronage-driven, racist-oriented system of doing business that came with Dr Mahathir Mohamad’s extension of the New Economic Policy (NEP)."
Politicians make profit from semi-monopoly
"It is a tale of how pork importation has degenerated from a freer market with few entry barriers to a semi-monopoly controlled by a business-political mafia and which involves the highest level of leadership in the Ministry and agency responsible for the welfare of its constituency and the consumers."
"Data on corruption shows a rising trend. Malaysia’s overall scores in Transparency International’s Corruption Perception Index have deteriorated for three consecutive years.
More worryingly, businesses have to indulge in bribery to outbid their competitors and stay ahead. A recent survey showed that half of the corporate executives surveyed in Malaysia by global corruption watchdog Transparency International believe that competitors had secured business deals through bribery and presumably by having to ‘out-bribe’ competitors."
The following table shows that Malaysia scored the worst in the 2012 Bribe Payers Survey.
NEM takes the same path as NEP
"From pork consumed by non-Muslims to the provision of pharmaceuticals products, rice and other food items vital for all Malaysians, from basic supplies to luxury goods, this problem is the norm in the nation’s business life nurtured under Mahathir’s NEP and now nourished by Najib’s NEM.
No business person is immune from the big and little ‘Napoleons’ that are in cahoots with their business cronies, whether new entrants, established businesses, or small, medium or big enterprises.
As the case is with my informant, those that refuse to play ball or are unwilling to share their profits or those without political or bureaucratic patronage or immunity stand to lose their businesses competitiveness and livelihoods."
More:
http://english.cpiasia.net/index.php?option=com_content&view=article&id=2485:nem-at-ground-level-same-old-model-no-paradigm-shift&catid=228:commentary&Itemid=196
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