Void of APs: Government to help in business transition
Thursday, March 23rd, 2006 | 5:01 pm @ SK
The Star SMS alert at 12:58pm.
Govt will hold discussions with car AP holders for their transition into other businesses, says DPM Najib Tun Razak.
The fact is, it was only yesterday when the Government announced the new National Automotive Policy (NAP), where the current system of Approved Permits (APs), will be phased out by 31 December 2010.
Barely within the next 24 hours, Najib is fast to curb "potential fire" among the APs holders, as when comes to year 2011, they will be left without their rice bowls, in which by that time, when they are so used to the continuous passive income for the past decades, the Government has to intervene and help solve their survivability.
I remember in the book "The World is Flat" by New York Times journalist and columnist Thomas Friedman, he praises the new global reality that makes it possible for Chinese and Indian workers to do blue-collar work of Western workers and a tenth of the cost, and to thus aspire to a higher standard of living.
At the same time, he praises the willingness of eastern European countries to accept upon themselves the rules of the free market.
And then, I heard someone said Malaysia is ready to embrace globalization too.
Oh yeah? My middle finger to you.