SHOULD bumiputera discounts continue for properties worth more than half a million ringgit? Would it be a disservice to the bumiputera community if this race-based affirmative policy was removed?
new economic model
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.
MALAYSIA’s once rosy economic outlook isn’t looking as rose petal-fresh as it used to anymore. In 1992, Malaysia transitioned from a lower-middle to upper-middle income country, surpassing most of our regional neighbours. Rich in natural resources and attractive to global investors due to relatively low production costs, Malaysia prospered in the early 1990s. But other […]
The government seems unable to follow through with its plans; among others, to introduce a new petrol subsidy scheme and implement the New Economic Model.
KUALA LUMPUR, 30 June 2009: A new investment institution, Ekuiti Nasional Bhd (Ekuinas), will be set up soon with an initial capital of RM500 million. The fund will focus on investing in high-growth potential sectors and bumiputera companies, said Prime Minister Datuk Seri Najib Razak. “The government will provide the funds and appoint experts to […]