Sabian Turbocharged December 20, 2007 Share December 20, 2007 KUALA LUMPUR - Malaysia will continue to help ethnic Malays increase their share in the nation's corporate equity, but will not deprive other races, the deputy prime minister said, according to a local media report. Malaysian affirmative action, also known as the Bumiputera ('sons of the soil') policy, aims at improving the economic well-being of the majority Malays by giving them preference in education, jobs and business. 'We will not do anything that is seen as depriving other races of their rights,' Najib Razak was quoted as saying by the Star newspaper on Thursday. 'We will only demand whatever rights the Bumiputera has. That is all.' Mr Najib's comments came after Hindu Rights Action Force (Hindraf) stunned the government last month by bringing more than 10,000 ethnic Indians onto the streets of the capital to complain of racial discrimination. Malaysia has taken a hardline stance in recent weeks to maintain peace and order in the country ahead of elections many expect to be called within the next few months. An election is not due until May 2009 but Prime Minister Abdullah Ahmad Badawi is widely expected to dissolve parliament and call for fresh polls by early next year. In 1969, Malays made up half the Malaysian population but owned barely 2 per cent of the nation's corporate equity. Malay ownership has since climbed to about a fifth - and one unofficial estimate puts it as high as 45 per cent. But the wealth gap between Malays, who now make up about 60 per cent of the population, and ethnic Chinese (a quarter), remains big. Chinese corporate equity is double Malay equity and Chinese household income outstrips Malay income by 64 per cent. -- REUTERS ↡ Advertisement Link to post Share on other sites More sharing options...
Dipstick Neutral Newbie December 20, 2007 Share December 20, 2007 (edited) Utter rubbish.......from MY again. The NEP, by its implementation has already deprived the others... Edited December 20, 2007 by Dipstick Link to post Share on other sites More sharing options...
Apollo 1st Gear December 20, 2007 Share December 20, 2007 aiya, must believe. otherwise kena banned to go there... still got some time until Feb to get friendly moobee before the DVD dogs return. Link to post Share on other sites More sharing options...
Sabian Turbocharged December 20, 2007 Author Share December 20, 2007 Did Lucky & Flo make an impact the last time? seems to be BAU. Link to post Share on other sites More sharing options...
Genie47 1st Gear December 20, 2007 Share December 20, 2007 My 4ss! Check their constitution. Link to post Share on other sites More sharing options...
Scoots 3rd Gear December 20, 2007 Share December 20, 2007 'We will not do anything that is seen as depriving other races of their rights,' Najib Razak was quoted as saying by the Star newspaper on Thursday. 'We will only demand whatever rights the Bumiputera has. That is all.' Sounds very contradicting leh .... but makes perfect sense! It's the truly Malaysian NONsense Link to post Share on other sites More sharing options...
Diehardsu Clutched December 20, 2007 Share December 20, 2007 It's their country, do what they wnat, we should not interfere into their affair Link to post Share on other sites More sharing options...
Apollo 1st Gear December 20, 2007 Share December 20, 2007 must hv right... otherwise wun send back ther K9minator Link to post Share on other sites More sharing options...
Booboon 1st Gear December 20, 2007 Share December 20, 2007 Malaysia boleh Link to post Share on other sites More sharing options...
Scoots 3rd Gear December 20, 2007 Share December 20, 2007 (edited) You are right. I must be 'sensitive' to their feelings and observe our ASEAN spirit of non-interference. Duh... where was it when their lawyer took up the Singapore fight of tudung vs school uniform? Where was it when Singapore played host to visiting dignitries from Iseral... Malaysia... truly Boh-liow Edited December 20, 2007 by Scoots Link to post Share on other sites More sharing options...
Dumb 4th Gear December 20, 2007 Share December 20, 2007 We are not interfering with their internal affairs. They have to fight or fend for themselves. But I cant help observing or noticing that most of them are or were really poor or poorer than the bumi. That was what I observed that when I was a young grad visiting plantations from Johore to Kedah. The whole family from father to kids had to work and all Q to receive their weekly wages. Kids never had to go to schools. A vicious cycle for them. They lived in quarters deep in the plantations that were miles from the main roads. No way they could get of the place. Link to post Share on other sites More sharing options...
Silver_blade Turbocharged December 20, 2007 Share December 20, 2007 Actually they should learn from their more successful neighbor...implement the Bumiputera (tho less extensive)policy in a more hush-hush manner. Link to post Share on other sites More sharing options...
Fddd Neutral Newbie December 20, 2007 Share December 20, 2007 How about showing us by releasing the indian leaders first and solve the issue? Link to post Share on other sites More sharing options...
Kingcopa 1st Gear December 21, 2007 Share December 21, 2007 joke of the year ↡ Advertisement Link to post Share on other sites More sharing options...
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