Sorry I know it’s been a long time since I last wrote, needless to say, sooooo much has happened since and the scary part is, I heard from a senior think tank today, “we’ve just hit the tip of the iceberg”.
I was recently at Low Yat to check the barometer of consumer demand for IT products. Scary man, very scary. Simply described, temperature in the mall was cold, ie. very few warm bodies. While on an average day you would struggle to get a salesman’s attention in the retail store, this time, too much attention. Every corner there was somebody handing me a flyer with some promo or other…it reminded me of walking through the broadband provider section at PC Fair.
While it’s not ‘official’, the feeling that the ‘R’ word has reached our shores is inevitable. Our Government is working on a ‘mini-budget’ due for announcement on March 10th. I am hopeful, crossing all fingers, toes, you name it that the ‘intelligentsia’ of our Government will have a stimulus package for ICT.
Personally I am hopeful we get support in two areas:
1) A compelling incentive & stimulus to get as many households and residents in the country connected to broadband and access to a full internet experience. Ok lah, self-serving as it may sound, nobody will refute that the reality of the decade and the future requires the internet through broadband and some basic PC skills.
Who benefits from a big, broad incentive like this?
Let’s think about the jobs it can create:
Directly, it’ll impact…
the retail sales person who sells you the broadband and internet device (ie: the PC),
the marketing people who created the broadband package you’re buying,
the designer(s) who creates the flyers and brochures for the promotions.
Don’t forget…
the technician who loads the software,
the software developer who wrote some of the cool applications you use,
the broadband technician who tweaks his network to support your subscription.
What about…
the delivery man who stocks the stores,
the factory worker who assembled your PC,
the procurement person and
the accountants, the banks, the finance people in the backroom?
The impact will trickle down to…
the cleaner who keeps the store dust-free and windows clean,
the security man who walks around making sure you’re safe after your purchase,
the insurance salesman who sells insurance to the retail store in case of theft or fire.
I could go on and on, but you get my drift.
The domino effect the stimulus package can have when it is well allocated.
Everyone needs to stay employed and a strong incentive and stimulus from the Government will go a looooong way in keeping all the people described above (and then some) employed and more importantly, spending to keep our economy chugging on a growth path so we can emerge stronger when this mess is over.
2) Another thing I want to see is Malaysia being more competitive than our neighbors in providing backhaul internet access. Let me tell you why.
I recently discovered that many Malaysian businesses go to our neighboring country across the Straits, you know lah, Singapore, to get cheaper backhaul internet access.
What is backhaul internet access?
Well simply put, when you hit ‘yahoo.com’ your browser slowwwwly takes you to the US where Yahoo hosts a large number of servers and you get to access their website. The fees your service provider pays in Malaysia for you to carry your request across the Pacific Ocean is terribly expensive relative to Singapore.
So what happens, our Malaysian businesses go down South and host their websites and buy their bandwidth there since there are many backhaul providers, makes it competitive and the businesses win because they get Internet bandwidth at a fraction the cost of buying in Malaysia.
So I sit here thinking, why is Singapore cheaper than Malaysia for bandwidth? The answer is pretty evident, I won’t elaborate.
Let’s face it, what a waste to see our Malaysian businesses spending precious Malaysian Ringgit & US Dollars in neighboring countries when it’s pretty evident that we would be able to employ all the people here (almost the same long list, albeit different skills, but still long list of people who get employed here) and we can keep our economy chugging on a growth path so we can emerge stronger when this mess is over.
I just read a report in the Star online that our Government has taken into accou
nt feedback from the business community (for the record, Intel did provide our feedback also). I am hopeful, trusting, with my fingers, and toes crossed, the Government will not forget the ICT community as they did in the first stimulus package.
We must keep our economy chugging on a growth path so we can emerge stronger when this mess is over. Malaysia CAN CAN!!
PS: Feel free to leave your comments. Would love to hear what you think..