Do you think there should be more Public holidays in Malaysia?

In the UK they have 8 Public holidays per year:
http://www.berr.gov.uk/employment/bank-public-holidays/index.html
In Malaysia they have 16 Public holidays per year:
http://www.worldtravelguide.net/country/159/public_holidays/South-East-Asia/Malaysia.html
Update: I think July the 16th should be a Public holiday..
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