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Bumiputera policies only expose the weaknesses of the nation

by | Sep 27, 2021 | National, News | 0 comments

Emphasising the need for bumiputera policies is exposing the community as a weakness.

In a recent development, the Finance Ministry had proposed that 51 per cent equity in freight forwarding companies should be owned by the bumiputeras.

But the focus on the group does not seem to be an initiative for hard work, rather it undermines the capabilities of minority groups.

Certain groups of people have praised the government for increasing bumiputera rights, however, they are blinded on merit, hard work, and foreign direct investment (FDI).

Ravi Gopal, a citizen, said that the bias policy is only enriching the corporate bumiputeras and not the B40 community.

He added, “The poor Malays must speak up. Enough is enough of using the name of Malays for self-enrichment of UMNO cronies.”

Joshua Tan believes that the bumiputeras are not competitive when it comes to business.

He questioned, “Can the bumiputeras get to be more competitive instead of trying to rob the hard work of non-bumiputeras.”

Joshua also mentioned that having to build a freight forwarding company from the ground up, only to be snatched from the government, leaves a sour taste in minority groups.

A political party, Sarawak United People’s Party, has come out and announced that they are against the bumiputera policy.

In a statement, “No entrepreneur in the world, bumiputera or not, wants to build a business just to sell 51 per cent ownership and become a minority shareholder, especially if the company is a family-owned business that is built over a few generations.”

-THE MALAYSIA VOICE

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