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KUALA LUMPUR, Dec 6 The government should provide business owners with the knowledge and know-how to run a business well if it plans on aiding future business owners. In a joint statement today, Malaysia Shopping Malls Association and Malaysia REIT Managers Association said this method is. ....
New models for Bumiputera empowerment needed as Malaysia looks beyond the NEP themalaysianinsight.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from themalaysianinsight.com Daily Mail and Mail on Sunday newspapers.
KUALA LUMPUR (Bernama): Prime Minister Tan Sri Muhyiddin Yassin chaired the first Bumiputera Prosperity Council (MTKB) meeting on Tuesday (May 4). According to a statement from the Prime Minister s Office, the MTKB comprises 21 Cabinet ministers; four department heads; two Government-Linked Investment Company (GLIC) heads; three representatives from the Malay, Chinese and Indian Chambers of Commerce and leaders in the economic, education and social services sectors. Among those present were Tan Sri Sulaiman Mahboob, Tan Sri Azman Mokhtar, Prof Datuk Dr Aini Ideris, Datuk Dr Asma Ismail, Datuk Dr Medeline Berma and Prof Datuk Dr Denison Jayasooria. The role of the MTKB is to determine the policies and strategies for the implementation of the Shared Prosperity Vision (SPV) 2030. ....
KUALA LUMPUR (April 12): Nearly 64 years after attaining independence, Malaysia’s bumiputera agenda has yet to bear the desired results. This is because poverty continues to haunt the biggest component of the nation’s population while bumiputera corporate equity ownership is still far below the government’s 30% target. According to media reports, the incidence of poverty among the bumiputera stood at 7.2 percent as of 2019, compared with 1.4% (Chinese) and 4.8% (Indians). As for bumiputera equity ownership, it stood at 16.2% in 2020 compared with 23% in 2011 and 19.3% in 1990. Addressing the widening economic disparity may be a huge challenge for the government as Malaysia readies itself to face the post-COVID-19 era because the pandemic has had detrimental effects on bumiputera economy and incomes. ....