Its women's wing chief, Kho Teck Wan, asked if the requirement under the New Economic Policy, which was introduced in 1971, was still relevant in current times.
Kho said since the beginning of last year, logistics companies had been facing a very challenging time in the global supply chain crisis due to the Covid-19 pandemic. "No entrepreneur in the world, bumiputra or not, wants to build a business just to sell 51% ownership and become a minority shareholder, especially if the company is a family-owned business that is built over a few generations," she said.
When mediocrity rules and is being promoted?
UMNO is PM
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Business group urges govt to reopen business events sectorSamenta says this will help related SMEs recover.
Source: malaysiakini - 🏆 20. / 51 Read more »
Over RM30bil in economic grants, subsidies discussed at Pakatan-Finance Ministry meeting ahead of Budget 2022PETALING JAYA: A total of RM30bil in grants and subsidies for the economic sector was among the matters discussed at a meeting between Pakatan Harapan and the Finance Ministry, says the Pakatan Harapan Economic Committee.
Source: staronline - 🏆 4. / 75 Read more »
MyCEB urges govt to reopen fully vaccinated business events industry soon | Malay MailKUALA LUMPUR, Sept 24 — Malaysia Convention and Exhibition Bureau (MyCEB) is urging the government to reopen the fully vaccinated business events industry as soon as possible. In a statement today, MyCEB said business events activities brought a huge direct economic impact to the country while...
Source: malaymail - 🏆 1. / 86 Read more »