KUALA LUMPUR, April 22 - Datuk Seri Najib Razak today freed the country's services sector by ending the 30 per cent Bumiputera equity rule in an attempt to improve Malaysia's competitiveness in the
softening global economy.
The Prime Minister, who is also the finance minister, promised further liberalisation, saying that he would announce details of the liberalisation of the financial sector next week.
Reading from a prepared statement the Prime Minister said he expected a greater flow of foreign investments in the services sector which currently forms 11 per cent of total investment.
"Recognising the growth potential in the services sector, the government has decided to immediately liberalise 27 services sub-sectors, with no equity condition imposed. These sub-sectors are in the areas of health and social services, tourism services, transport services, business services and computer and related services," said Najib.
The government, he added, would also allow foreign legal firms to practice in the country but to only offer services in Islamic finance.
"As part of the measures to develop Malaysia as an international Islamic financial hub, the legal profession will be liberalised to allow up to five top international law firms with expertise in international Islamic finance to practice in Malaysia," said Najib.
Other services liberalised are in the areas of health and social services, tourism services, transport services, business services and computer and related services.
Najib also announced an allocation of RM100 million to be managed by the Malaysian Industrial Development Authority (MIDA) to strengthen the local services industry in facing the liberalisation.
"The liberalisation initiatives will not adversely affect the domestic services industry. The government will continue to support the industry in capacity building and in the opening up of export markets," said Najib.
When asked on the sub-sectors selected to be liberalised, Najib said it was part of Malaysia's commitment to Asean on liberalisation.
"It's in line with what Asean countries are doing. Some (of our measures) are better," he told reporters.
Najib however refused to give out details on the liberalisation of the financial sector.
"I want it to be full of surprises," he said.
Comments (47)
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For once . . . good start. Now abolish the rest of the quota
written by Johnathan Ing, April 22, 2009
written by Johnathan Ing, April 22, 2009
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written by ycl, April 22, 2009
written by ycl, April 22, 2009
a good move in the right direction. But provide us with more details.
The devil is in the details.
The devil is in the details.
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Hmmmmm
written by Mal, April 22, 2009
written by Mal, April 22, 2009
BRILLIANT move however will believe only when it HAPPENS....as far its not been promising
1/ Free media?? not when Rais has barred certain information from the general population adn making baseless comments how the media contributed to BNs poor performance in GE12.
2/ One Malaysia?? not when Muyiddin and Utusan made racist remarks and was not reprimended
3/ ISA review/abolishment/release of detainees??- hmmm more were detained on 1st April
1/ Free media?? not when Rais has barred certain information from the general population adn making baseless comments how the media contributed to BNs poor performance in GE12.
2/ One Malaysia?? not when Muyiddin and Utusan made racist remarks and was not reprimended
3/ ISA review/abolishment/release of detainees??- hmmm more were detained on 1st April
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I hope this will not flip flop later
written by onefingermalaysia, April 22, 2009
written by onefingermalaysia, April 22, 2009
Firstly, as they say the devil is in the details and in the case of Malaysia the implementation at the Little Napolean levels. So I will believe this when i see the details and when I see it implemented as has been reported.
Second is whether this is going to be politically sustainable?
Or will we see the re-imposition of this quota when the market turns up later. Because UMNO and other BN supporters start to revolt as their monopolies face competition.
Remember the AP policy which was supposed to be disbanded by 2010. Now it looks like its going to be there forever.
Or will we see conditions like what happened to the Hypermarkets in that there are early closing times, staff employment restrictions etc.
I will wait and see but will definitely not hold my breath.
Second is whether this is going to be politically sustainable?
Or will we see the re-imposition of this quota when the market turns up later. Because UMNO and other BN supporters start to revolt as their monopolies face competition.
Remember the AP policy which was supposed to be disbanded by 2010. Now it looks like its going to be there forever.
Or will we see conditions like what happened to the Hypermarkets in that there are early closing times, staff employment restrictions etc.
I will wait and see but will definitely not hold my breath.
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written by kz, April 22, 2009
written by kz, April 22, 2009
He wants it to be full of surprises = He hasn't thought of it yet lol
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written by Elsie, April 22, 2009
written by Elsie, April 22, 2009
well done...i am honestly impressed...
Now the next step is to free up the financial sector...and then we can truly make up all the lost decades.
Now the next step is to free up the financial sector...and then we can truly make up all the lost decades.
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written by bee yong, April 22, 2009
written by bee yong, April 22, 2009
1Malaysai. Please note that all sectors are inter-related, just like all rakyat are inter-related. This is 2009. Fishing days are over. This tactic is obsolete.
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Key service sectors still unlikely to be liberalized
written by kahseng, April 22, 2009
written by kahseng, April 22, 2009
Service sub-sectors that will make the real difference to our lives: reduce living costs, encourage entrepreneurship, involve larger-scale employments for the poor, are not likely to be liberalized.
I'll be surprised if the list includes these:
* bank and finance
* transport
* telecom
* large-scale retail
* large media groups
I'll be surprised if the list includes these:
* bank and finance
* transport
* telecom
* large-scale retail
* large media groups
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written by Headhunter, April 22, 2009
written by Headhunter, April 22, 2009
I'm not a fan of Najib but I must say he got this one right. Najib is upping the ante by hitting back at PR where it hurts most. If he keeps doing this, it's going to be hard to beat him. This is what Malaysians have been clamoring for.
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Surprise!!!???
written by dr rashidmokti, April 22, 2009
written by dr rashidmokti, April 22, 2009
This news will be expected to create a mixed reaction from all sectors.First of all the so called Bumiputras will be forced to adjust their position as this will mean that they will no longer enjoy the benefit of the 30% quota.Somehow or rather they will still enjoy the indirect benefit from other sectors where quotas are still being implemented.This will be a good weaning off period for the Bumiputra companies to be more exposed to the open market scenario.
Secondly as part of the 1Malaysia strategy this will also bring about a start to a more level playing field for the others who has been accusing the government of double standard.Hopefully these measures will be taken seriously by all parties and not being overtly politicized by skeptics.
Thirdly ,on a globalized scenario, it will be a good time for our local service players to join forces among the Bumiputra and the others to explore offshore markets in a more organized and sincere manner which hopefully will bring about more interactions and understanding among the business people.
Hopefully as being promised ,the rakyat could expect more pleasant surprises in the near future...
Secondly as part of the 1Malaysia strategy this will also bring about a start to a more level playing field for the others who has been accusing the government of double standard.Hopefully these measures will be taken seriously by all parties and not being overtly politicized by skeptics.
Thirdly ,on a globalized scenario, it will be a good time for our local service players to join forces among the Bumiputra and the others to explore offshore markets in a more organized and sincere manner which hopefully will bring about more interactions and understanding among the business people.
Hopefully as being promised ,the rakyat could expect more pleasant surprises in the near future...
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Drop "Bumiputra Status" all together, 1 Malaysia mah!
written by freedom pursuer, April 22, 2009
written by freedom pursuer, April 22, 2009
For God sake, fairness must be prevail! but i hope muhyiddin wont accused races wanna become "Kingmaker" again after reading my opinion...
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Quota did exist
written by Durian Besar, April 22, 2009
written by Durian Besar, April 22, 2009
Quotas did exist!
When were the quota gazetted? They were quietly and unfairly implemented, weren't they?
How come with all these quotas implemented for so many years, the Malays are still poor?
Perhaps the Malays are not so poor as UMNO claimed.
When were the quota gazetted? They were quietly and unfairly implemented, weren't they?
How come with all these quotas implemented for so many years, the Malays are still poor?
Perhaps the Malays are not so poor as UMNO claimed.
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In this case, less doesn't mean more....
written by Average Joe, April 22, 2009
written by Average Joe, April 22, 2009
I can appreciate the fact that sometimes details can't be revealed at a particular moment in time due to various reasons. But to state publicly "I want it to be full of surprises" is just ludicrous.
The only person thats going to be surprised is Najib, when he finds out that there has been little effect to his so-called surprises. I can't imagine any financial firm of good standing is going to be lured by the promises of possible "surprises".
The only person thats going to be surprised is Najib, when he finds out that there has been little effect to his so-called surprises. I can't imagine any financial firm of good standing is going to be lured by the promises of possible "surprises".
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written by zik, April 22, 2009
written by zik, April 22, 2009
Let see how UMNO members and especially Berahim acts on this?
No demos???
No demos???
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written by pttan, April 22, 2009
written by pttan, April 22, 2009
why only class C transport. Should be all classes and include passenger services as well.
Another hogwash that will bring no real benefit to the ordinary people.
Another hogwash that will bring no real benefit to the ordinary people.
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Bravo...
written by ssy, April 22, 2009
written by ssy, April 22, 2009
This is what rakyat want...a step toward 1Malaysia...this is really a good start for our PM...let see what's more he can brings to the new Malaysia... i start loving him now as our PM...at least he walks the talk..!
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written by hobbes, April 22, 2009
written by hobbes, April 22, 2009
come to think of it. Is this a hidden message to the Malays - "If BN's support continues to deteriorate, more bumi rights will be lost."
just wondering...
just wondering...
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written by victor, April 23, 2009
written by victor, April 23, 2009
just wondering how many services sectors are there? if it is 18 out of 200, then its really nothing to shout about. just a thought.
would love to see an UMNO demo la..
would love to see an UMNO demo la..
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written by ernest, April 23, 2009
written by ernest, April 23, 2009
Hi there,
I for one do believe this is the way to go but I am doubting the UMNO/BN goverment can maintain this decision for long. Just take look at the real property gain tax (RPGT) it was on and off for how many time. How consistance it's are left to be seen. Whether is too late or not time will tell.
I for one do believe this is the way to go but I am doubting the UMNO/BN goverment can maintain this decision for long. Just take look at the real property gain tax (RPGT) it was on and off for how many time. How consistance it's are left to be seen. Whether is too late or not time will tell.
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Global competition in global recession.
written by Hang Tuah 1, April 23, 2009
written by Hang Tuah 1, April 23, 2009
Datuk Seri Najib Razak today freed the country's services sector by ending the 30 per cent Bumiputera equity rule in an attempt to improve Malaysia's competitiveness in the
softening global economy.
---
The survival of the fittest - Charles Darwin said.
History of thousand years point to this fact -
the world belongs to the fastest, the strongest and the smartest.
Playing golf, you have handicap.
That is for beginners.
If you are professionals, you cannot enter the contest and demand an advantage.
Everyone starts with zero, and the lowest score at the end of 4 days of play - wins.
In Malaysia, for 52 years - our country has to wait for the slow to catch up.
We were told - not everyone has the equal start - some started later.
For 100 meters, the starting line is different.
Many started at the starting line, the weaker ones have the advantage - the handicap,
They started nearer to the finishing line -
All run for 100 meters, but the special ones with special privileges only run for 70 meters.
All these are okay if you are implementing in our country, if Malaysia is the only one in this blue planet.
But once you enter into the world scene, the rules are standard for everyone.
And you are forced into the world stage, global competition in global recession...
It is the fittest, the strongest, the fastest and the smartest that will survive and thrive.
For investors to come into our country in this time of world economic meltdown,
to draw international business people to trade here,
the 30% policy of equity to be given to Malays and Bumiputra is longer attractive and appealing.
They will go to Thailand, Singapore or Indonesia. Even Vietnam and Cambodia are drawing a lot of these investors to build factories on their lands.
Auto plants were built in Thailand and Indonesia because of their open market policy.
IT related service industries have moved to these countries as well.
Many other examples you can talk about...
With this 30% policy, Malaysia will slowly and surely lose out the competitive edge.
The world is based on meritoracy...professionalism.
Not race-based, Not favouritism, Not skin colours nor religion.
To compete and win, all in Malaysia must learn when they are still young and in university - to compete on even playing field - they must build their determination and fairness of rules for all to follow.
You cannot tell the world about Article 153 - the dichotomy of Bumiputra and non-Bumiputra.
This article in our constitution will not be respected or accepted.
They will laugh because it is so out-dated and race-based.
Remember: the world is a village and it is shrinking fast.
Najib's move to remove quota system, at least now for services sector - that is a good start.
But be ready for Utusan Malaysia - they will warn you that Malays will lose out.
Why must some people continue to brain-wash Malays that they are weak and cannot compete on even playing field and win fairly. That is real respect when the win is without handicap like in a golf game.
Do you want to be professional or behave like beginner??? For how long more???
softening global economy.
---
The survival of the fittest - Charles Darwin said.
History of thousand years point to this fact -
the world belongs to the fastest, the strongest and the smartest.
Playing golf, you have handicap.
That is for beginners.
If you are professionals, you cannot enter the contest and demand an advantage.
Everyone starts with zero, and the lowest score at the end of 4 days of play - wins.
In Malaysia, for 52 years - our country has to wait for the slow to catch up.
We were told - not everyone has the equal start - some started later.
For 100 meters, the starting line is different.
Many started at the starting line, the weaker ones have the advantage - the handicap,
They started nearer to the finishing line -
All run for 100 meters, but the special ones with special privileges only run for 70 meters.
All these are okay if you are implementing in our country, if Malaysia is the only one in this blue planet.
But once you enter into the world scene, the rules are standard for everyone.
And you are forced into the world stage, global competition in global recession...
It is the fittest, the strongest, the fastest and the smartest that will survive and thrive.
For investors to come into our country in this time of world economic meltdown,
to draw international business people to trade here,
the 30% policy of equity to be given to Malays and Bumiputra is longer attractive and appealing.
They will go to Thailand, Singapore or Indonesia. Even Vietnam and Cambodia are drawing a lot of these investors to build factories on their lands.
Auto plants were built in Thailand and Indonesia because of their open market policy.
IT related service industries have moved to these countries as well.
Many other examples you can talk about...
With this 30% policy, Malaysia will slowly and surely lose out the competitive edge.
The world is based on meritoracy...professionalism.
Not race-based, Not favouritism, Not skin colours nor religion.
To compete and win, all in Malaysia must learn when they are still young and in university - to compete on even playing field - they must build their determination and fairness of rules for all to follow.
You cannot tell the world about Article 153 - the dichotomy of Bumiputra and non-Bumiputra.
This article in our constitution will not be respected or accepted.
They will laugh because it is so out-dated and race-based.
Remember: the world is a village and it is shrinking fast.
Najib's move to remove quota system, at least now for services sector - that is a good start.
But be ready for Utusan Malaysia - they will warn you that Malays will lose out.
Why must some people continue to brain-wash Malays that they are weak and cannot compete on even playing field and win fairly. That is real respect when the win is without handicap like in a golf game.
Do you want to be professional or behave like beginner??? For how long more???
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Bumiputeraphobic
written by Dr. No, April 23, 2009
written by Dr. No, April 23, 2009
Its encouraging, but as though the other races woud 'appreciate' this.
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what a laugh
written by Lang, April 23, 2009
written by Lang, April 23, 2009
Drop ALL quota. Najid say 30% but implementation agency already have that ingrained mentality that only a company which is connected and 100% equity owned by XXX would survive, no point.
Drop all and walk the talk, otherwise just propaganda.
I dont buy it !!
Drop all and walk the talk, otherwise just propaganda.
I dont buy it !!
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For Business? Not for Rakyat?
written by freedom pursuer, April 23, 2009
written by freedom pursuer, April 23, 2009
After reading twice the article, the opening the "bumiputra qouta" is to attract more investment, the reason is financial consideration due recession! to do with Rakayt? We must not be deceive...
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Congratulation PM Najib
written by Fatimah Zuhri, April 23, 2009
written by Fatimah Zuhri, April 23, 2009
1. This is a GOOD move in the RIGHT direction.
2. No single race in this country can get EVERYTHING.
3. 1Malaysia IS NOT Malaysian Malaysia!
4. I am sure that majority of the malay population understand the reason why Najib is doing this.
5. PM Najib is not selling off all the rights of bumiputra but only liberalise 27 sectors.
6. There will still be bumiputra status companies.
7. Win - Win situation maaa.....
The 27 sectors are :
SERVICES SUB-SECTORS FOR LIBERALISATION
Computer and relater services
1. Consultancy services related to installation of computer hardware
2. Software implementation services – systems and software consulting services; systems analysis services; systems design services; programming services and systems maintenance services
3. Data processing services – input preparation servies; data processing and tabulation services; time sharing servies and other data processing services
4. Database services
5. Maintenance and repair services of computers
6. Other services – data preparation services; training services; data recovery services; and development of creative content
Health and social services
1. All veterinary services [kesihatan haiwan!]
2. Welfare services delivered through residential institutions to old person and the handicapped
3. Welfare services delivered through residential institutions to children
4. Child day-care services including day-care services for the handicapped
5. Vocational rehabilitation services for the handicapped
Tourism services
1. Theme park (contoh:Genting Highland)
2. Convention and exhibition centre (The Mines?)
3. Travel agencies and tour operators services (for inbound travel only)
4. Hotel and restaurant services (for 4 and 5 star hotels only)
5. Food serving services (for 4 and 5 star hotels only)
6. Beverage serving services for consumption on the services (for 4 and 5 star hotels only)
Transport services
1. Class C freight transportation (Private carrier license – to transport own goods) Lori Permit 'C' saja!
Sporting and other recreational services
1. Sporting services (promotion and organization services)
Business services
1. Regional distribution centre
2. International procurement centre
3. Technical testing and analysis services – composition and purity testing and analysis services, testing and analysis services of physical properties, testing and analysis services of integrated mechanical and electrical systems and technical inspection services
4. Management consulting services – general, financial (excluding business tax), marketing, human resources production and public relations services
Rental/Leasing services without operators
1. Rental/leasing services of ships that excludes cabotage and offshore trades
2. Rental of cargo vessels without crew (Bareboat Charter) for international shipping
Supporting and Auxiliary Transport Services
1. Maritime agency services
2. Vessel salvage and refloating services [ bisnes cari kapal yang karam...]
http://www.theedgemalaysia.com/highlilghts/4945-pm-30-bumi-quota-for-27-sub-sectors-scrapped.html
2. No single race in this country can get EVERYTHING.
3. 1Malaysia IS NOT Malaysian Malaysia!
4. I am sure that majority of the malay population understand the reason why Najib is doing this.
5. PM Najib is not selling off all the rights of bumiputra but only liberalise 27 sectors.
6. There will still be bumiputra status companies.
7. Win - Win situation maaa.....
The 27 sectors are :
SERVICES SUB-SECTORS FOR LIBERALISATION
Computer and relater services
1. Consultancy services related to installation of computer hardware
2. Software implementation services – systems and software consulting services; systems analysis services; systems design services; programming services and systems maintenance services
3. Data processing services – input preparation servies; data processing and tabulation services; time sharing servies and other data processing services
4. Database services
5. Maintenance and repair services of computers
6. Other services – data preparation services; training services; data recovery services; and development of creative content
Health and social services
1. All veterinary services [kesihatan haiwan!]
2. Welfare services delivered through residential institutions to old person and the handicapped
3. Welfare services delivered through residential institutions to children
4. Child day-care services including day-care services for the handicapped
5. Vocational rehabilitation services for the handicapped
Tourism services
1. Theme park (contoh:Genting Highland)
2. Convention and exhibition centre (The Mines?)
3. Travel agencies and tour operators services (for inbound travel only)
4. Hotel and restaurant services (for 4 and 5 star hotels only)
5. Food serving services (for 4 and 5 star hotels only)
6. Beverage serving services for consumption on the services (for 4 and 5 star hotels only)
Transport services
1. Class C freight transportation (Private carrier license – to transport own goods) Lori Permit 'C' saja!
Sporting and other recreational services
1. Sporting services (promotion and organization services)
Business services
1. Regional distribution centre
2. International procurement centre
3. Technical testing and analysis services – composition and purity testing and analysis services, testing and analysis services of physical properties, testing and analysis services of integrated mechanical and electrical systems and technical inspection services
4. Management consulting services – general, financial (excluding business tax), marketing, human resources production and public relations services
Rental/Leasing services without operators
1. Rental/leasing services of ships that excludes cabotage and offshore trades
2. Rental of cargo vessels without crew (Bareboat Charter) for international shipping
Supporting and Auxiliary Transport Services
1. Maritime agency services
2. Vessel salvage and refloating services [ bisnes cari kapal yang karam...]
http://www.theedgemalaysia.com/highlilghts/4945-pm-30-bumi-quota-for-27-sub-sectors-scrapped.html
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written by thom, April 23, 2009
written by thom, April 23, 2009
great move, mr prime minister. now i'm curious what the rest of umno thinks. doubt that they'll all cheer for the news.
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ketuanana melayu
written by ketuanana melayu, April 23, 2009
written by ketuanana melayu, April 23, 2009
where are the ketuanana melayu supporters? if they are not demonstrating on the street then there must be something wrong with this plan.
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..
written by hello, April 23, 2009
written by hello, April 23, 2009
How about gov/GLCs' tenders? I still see co. must have 'bumiputra status'
Mr. PM, can u lower the import tax of the cars? mahal lar
Apabila habis car installment, kereta sudah koyak~~
hehe
Mr. PM, can u lower the import tax of the cars? mahal lar
Apabila habis car installment, kereta sudah koyak~~
hehe
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written by yc, April 23, 2009
written by yc, April 23, 2009
Is thgis a temp thing to for the recession or will be it be in the legislation.
Even in the legislation, this BN/UMNO government has tendency to change the legislation to suit its needs. If they can change the Consititution, what stopping them to change anything whenever it suit a circumstances.
Even in the legislation, this BN/UMNO government has tendency to change the legislation to suit its needs. If they can change the Consititution, what stopping them to change anything whenever it suit a circumstances.
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Flip the stone....
written by marbl3s, April 23, 2009
written by marbl3s, April 23, 2009
Lets see now. What is the hidden agenda from such a move by a man who once said that he would bath his keris with the blood of chinese?
Bare in mind that UMNO does not want to piss of the Malays as their votes are those that is needed to win elections and not the chinese. So with this quota removed, won't it piss off the malays? It would wouldn't it? So, find don't be too happy until the details are revealed.
Bare in mind that UMNO does not want to piss of the Malays as their votes are those that is needed to win elections and not the chinese. So with this quota removed, won't it piss off the malays? It would wouldn't it? So, find don't be too happy until the details are revealed.
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a good starting !!
written by voters, April 23, 2009
written by voters, April 23, 2009
a good start, bravo !! a good move head toward 1malaysia !!
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written by bho, April 23, 2009
written by bho, April 23, 2009
Annoncement is one thing implemention is another for them to jumpstart the question is WHEN????
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Honeyed phrases to feed the masses.... again!
written by TehTar1k, April 23, 2009
written by TehTar1k, April 23, 2009
Well done well done. Removing the 30% malay equity means challenging the deeply entrenched ''konsep tuan dan hamba'' in malaysia. It also means no more LV, Gucci Prada and whatsoever designer handbags on the wives and mistresses of alot of AMPUno cronies.
In conclusion, this quota thingy won't be removed till malaysia is like indonesia or Mugabe's Zimbabwe. The quota won't be removed, it will simply be repackaged and returned to all those sectors under a different funky and spunky name. NOTICE the ''Full OF SURPRISES''? Thats what he meant.
In conclusion, this quota thingy won't be removed till malaysia is like indonesia or Mugabe's Zimbabwe. The quota won't be removed, it will simply be repackaged and returned to all those sectors under a different funky and spunky name. NOTICE the ''Full OF SURPRISES''? Thats what he meant.
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Open - Close
written by Jack, April 23, 2009
written by Jack, April 23, 2009
When they need you to prop up the economy, they open it up.
When the time they want to claim 'their due', they will close it up.
When the time they want to claim 'their due', they will close it up.
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Freedom Pursuer Said:
written by James Loh, April 23, 2009
written by James Loh, April 23, 2009
"Drop "Bumiputra Status" all together, 1 Malaysia mah!
written by freedom pursuer, April 22, 2009
For God sake, fairness must be prevail! but i hope muhyiddin wont accused races wanna become "Kingmaker" again after reading my opinion... "
Actually, everytime muhyidin talks, he speaks out of his ass. If we allow this guy to be our pm, then all hell will break loose. Najis will be the last of them. Corrupted party of illegal opportunists and murderers.
written by freedom pursuer, April 22, 2009
For God sake, fairness must be prevail! but i hope muhyiddin wont accused races wanna become "Kingmaker" again after reading my opinion... "
Actually, everytime muhyidin talks, he speaks out of his ass. If we allow this guy to be our pm, then all hell will break loose. Najis will be the last of them. Corrupted party of illegal opportunists and murderers.
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written by The, April 23, 2009
written by The, April 23, 2009
Some of you are impressed? Even if Malaysia abolish the quota for all sectors, not just the service sector, it will then be on a par with most of the rest of the world. The vast majority of the countries in the world does not have such a racist policy. So, how does this "little-bit pregnant" tweaking of the quota system improve Malaysia's global competitiveness?
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See it closer
written by Mira, April 23, 2009
written by Mira, April 23, 2009
These WTO CPC codes are already liberated. Eventhough the govt put up the 30% policy to WTO, this was not enforced and typically waived. So now, they are just changing the commitment. I doubt they will revert back because the announcement based on CPC codes is more internationally geared.
The financial sectors target is 2010, and if i'm not mistaken telecom is 2012 (although we have already open up the market - see Telenor)
The financial sectors target is 2010, and if i'm not mistaken telecom is 2012 (although we have already open up the market - see Telenor)
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this is jsut a eyes wash,,
written by tony, April 23, 2009
written by tony, April 23, 2009
i have lsot my trust in the present govn,,,what ever they said ,or do,is two different,,thing,,look at teh statement,,make recently,,on one hand ,,he said one malaysia,,on the other,hand he kept quiet when his deputry voice,,out,,the other intention,,so this is jsut another wayang kulit
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Well if this kind of liberalisation
written by Jonny, April 23, 2009
written by Jonny, April 23, 2009
Might as well, malay dont need to support BN anymore becoz now the lifted some of the bumi right when majority of chinese and indian not supporting BN. Therefore now Malay shud turn to next malay party which is PAS.
Well Najib is useless to make different at the end u will end up of being the shortest PM in malaysia history.
Well Najib is useless to make different at the end u will end up of being the shortest PM in malaysia history.
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open the flood gate in goverment sector la......
written by sree, April 23, 2009
written by sree, April 23, 2009
all this 30% per cent bumiputra equity in private sector sudah habis di korek by ameno..... THATS WHY NOW DI MANSUHKAN.
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Measuring instrument
written by bee yong, April 23, 2009
written by bee yong, April 23, 2009
Sound like there is a lot of tailoring work recently. Wondering what mearuring instruments are being used. Don't use old and crooked instruments, the output is not suitablefor the Rakyat in the age of "Change We Must". This is 2009.
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...
written by Singha, April 23, 2009
written by Singha, April 23, 2009
As a non-bumi but a Malaysian, I am actually offended by Najib's move, so should MCA and MIC. Why? Note that the 30% was lifted in those specific sectors to 'attract foreign investments'. If you are smart you know what I mean!
Hints:
1. Just think in terms of foreigners vs. non-Malays (but Malaysians) importance in the eyes of Najib.
2. When the economy was good.
3. When bad things only affect non-Malays.
Hints:
1. Just think in terms of foreigners vs. non-Malays (but Malaysians) importance in the eyes of Najib.
2. When the economy was good.
3. When bad things only affect non-Malays.
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written by Bill, April 23, 2009
written by Bill, April 23, 2009
A good start Mr. Prime Minister, indicating ' a man of his word'. I believe that the Malays would be able to accept it as they are much more knowledgable and experienced now than they were, when the quota was implemented. I'm also concerned that this dosen't become a political gambit for certain quarters, especially politicians who want to win votes
Other wise it looks good especially the Tourism industry which is to a large extend dependent on Govt. initiatives in Marketing.
Other wise it looks good especially the Tourism industry which is to a large extend dependent on Govt. initiatives in Marketing.
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written by itchy, April 23, 2009
written by itchy, April 23, 2009
Did he get the consent of his so called advisor/mentor? The goal post is still shifted anyway, only less further away, perhaps?
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written by Jonas, April 23, 2009
written by Jonas, April 23, 2009
well...its a good step by najib..but if he over do this kinda steps..bumis gonna feel being hurt n gnna make him suffer...
so the non bumis..if you think of stopping all the ketuanan thingy...then you're wrong...they would take their parang and fight for that....we do share and we are all here with reasons...so everything should be a win win situation...
so the non bumis..if you think of stopping all the ketuanan thingy...then you're wrong...they would take their parang and fight for that....we do share and we are all here with reasons...so everything should be a win win situation...
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written by sawyer, April 24, 2009
written by sawyer, April 24, 2009
1Malaysia? But only 27 SUB-SECTORS? What about all the other SECTORS and SUB-SECTORS? How many SECTORS and SUB-SECTORS are there altogether? If Najib cannot liberalise all the SECTORS and SUB-SECTORS then don't talk about 1Malaysia!!!! It's just bull-shit, similar to his announcement of the ISA detainees' release.
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Let's hope this is not just to "window dress" to steal back the hearts of Malaysians.