CONFLICTING statements on the New Economic Policy (NEP) from Prime Minister Datuk Seri Najib Razak, CIMB chief executive officer Datuk Seri Nazir Razak, and Perkasa president Datuk Ibrahim Ali. Nazir has frequently called for a review of the NEP; Najib has made about-turns on the issue of abolishing the policy, while Ibrahim wants it retained.
KUALA LUMPUR, 10 Feb 2009: International Trade and Industry Minister Tan Sri Muhyiddin Yassin said the New Economic Policy (NEP) “is perfect and good” in its original form. “In the process of implementation, there could be some weaknesses,” he said at the Malaysian Industrial Development Authority (MIDA) annual media conference on the performance of the […]
KUALA LUMPUR, 3 Feb 2009: The government must show economic leadership beyond just orthodox fiscal stimulus and monetary measures, Bumiputra-Commerce Holdings Bhd’s group chief executive Datuk Seri Nazir Razak said today. Among other things, Nazir suggested for the government to consider re-examining the New Economic Policy (NEP). Nazir, who is the brother of prime-minister-in-waiting Datuk […]