I call it envy thinking or missing the woods for the trees. Malaysia is unhappy that their companies are paying Malaysian employees less than Sinkie employees. They want to pay their employees as much as the workers in Sinkieland are being paid.
The first question, are the Malaysian workers really underpaid? I don’t think so. A Malaysian employee earning RM3000 or RM5000 will probably be much well off than his Sinkie counterpart earning $3000 or $5000. His cost of living is so much cheaper relatively and he could own a much bigger home, maybe even landed properties than the Micky Mouse flats which Sinkies called home and so bloody proud of it. But you can’t blame them when they have been so conditioned to think less is best.
And every Malaysian could easily own a car to travel around the vast country and paying cheaper petrol for it. Everything costs lesser in Malaysia when it used to be the other way. What is this talk about Malaysian workers being underpaid? Maybe the companies could pay them much more if they take into consideration the cheaper cost of business and rentals, not forgetting their top management are not robbing the companies to pay themselves crazy. They can afford to and still be more competitive than their Sinkie counterparts. That is the reason why many Sinkie companies are moving over, and more will do so.
Does Malaysia seriously think that it should go the Sinkie way, to price itself out of competition in the international market? China’s manufacturing factories are being pressurized by the Americans to pay more and to price themselves out. Is this what Malaysia wants? The Sinkie model is designed for self destruct in the next 10 or 20 years, or earlier should a major world crisis hit. Life will go on as per normal in Malaysia should it happen. Sinkies will be jumping off from their million dollar Mickey Mouse flats when they cannot service the huge mortgages and debt that they have acquired. The truth is that the average Sinkies are all heavily in debt and this will only get worst.
The issue of Malaysiansskilled personnel working in Sin is a totally different problem. The proximity of Sin and the comparatively higher salary, and the ability to return and spend the money in Malaysia is a strategic factor Malaysia would have to cope with. But this is not the only reason for the brain drain. The Malaysian govt should know better why. Given a decent govt policy to value their own talents on their own merits, many Malaysians would be the first to run back to Malaysia today. Their salary though comparatively lower than Sin does not mean that their standard of living will be lower as the cost of living is so much lower. Simply put, it is bad govt policies that created this problem.
Malaysia should be thankful that its economic system has not been taken down the Sinkie way, a system that is unsustainable and is likely to cause much grief in a crisis. The Malaysian system will grow slowly and steadily. They need not work themselves to death. They can afford to stop in their path to smell the roses and take a nap under the coconut trees.
Sinkies will die or be in deep shit if they stop working before they die at the ripe old age of 80 or 90. Malaysia should stop this rubbish envy thinking and look at how blessed it is and can only get better with good and positive govt economic and political policies. Malaysia can only get better. Sin can only get worst. And Malaysian workers are not paid worst relative to their cost of living.
When or if the Malaysian govt embarks on a path of enlightened economic policies, and discards the unproductive and counter productive political policies, it will seriously undermine the economic development of Sin. Many of the highly trained and experienced Malaysians would rush back to lift up the quality of life in Malaysia in all fields. Malaysia could be a shining first world country when the talents returned. The past policies were doing just the reverse, leveling down in all aspects of economic, technology and social endeavours.