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'Bumi equity rule doesn't solve challenges faced by freight forwarding companies' | New Straits Times

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NSTnation The Finance Ministry has been urged to consider the impact of the Malaysian international trade and entrepreneurial spirit should the 51 per cent Bumiputera equity for freight forwarding companies be imposed in Dec 2022.

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51% Bumiputera equity rule for logistics companies needs rethink, says Kian Ming | The Malaysian InsightFormer deputy minister urges all stakeholders to put heads together for proper discussion. Looking back to the past, who benefited from this? maybe just a handful of cronies. Very misleading. Where is this ruling of 51 percent bumi equity for logistics companies. Its only for customs broking scope for goodness sake! Don't mislead.
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