Should the gov’t bail out Proton, again?
Perusahaan Otomobil Malaysia SdnBhd (Proton) was established in 1983 and its first car was launched a good 30 years ago, in 1985. Proton was the brainchild of none other than Dr Mahathir Mohamad. Proton was used as a platform for Mahathir’s dream to develop Malaysia into an industrial powerhouse. Despite a no-go from his personal advisers, critics and common sense, Mahathir went ahead to establish Proton.