Removal of 30% Bumiputra Equity
Thumbs up for the bold move done by our newly appointed PM, Datuk Seri Najib. However, the big question mark is: Political move or benefit for the people? Lets view things on a positive side. Malaysian have a typical mindset - complaint. When the government make some good decisions, people will complain that this is just for political gain. But when they made a bad decision, people will complain the government is lousy. Why don't these people step out and take over the job for a day then?
To me personally, I would view this on the positive side. Why? Simply because I believe that this move is the beginning of a new Malaysia. Give it a chance. This is a big step. Removing something that is an advantage to certain group of people is not an easy decision. All these while, the bumiputras (or rather just Malays), are gaining on this advantage. Now, the bumiputras have been doing very well in Malaysia's economy. Now is the time, for the bumiputras to show that they can also challenge the so-claimed "Chinese are good businessmen". There are some very successful bumiputra businessmen, such as Celcom, MAS CEO. So no complaints.
With this healthy competition in 27 service sub-sectors, it would be an advantage for Malaysia to move a gear faster. Malaysia had been 'idle' for the past 51 years when countries such as Thailand, Vietnam and Singapore had slowly overtaken Malaysia. Now, with the economic down turn, this would be the high time and best option to make this move. The higher the competition, the more the economy market will run.
On the other hand, I personally hope that any one sub-sector will not be dominated by one race, especially Chinese. It is impossible to say that there's no one good from other race. I'm very sure, that every race has people who are tip top in certain field. Now that the government have lifted the bumiputra equity, it is time for the people in this sector to prove that they are not biased as well. If they still practice one race domination, then it shows that the problem lies in the mindset of Malaysians.
Let us all take a good look in the outcome of this move. Better economy and better racial integration or the other way round? Those in the subsectors, please practise healthy competition, and share the wealth together as one Malaysian.
To me personally, I would view this on the positive side. Why? Simply because I believe that this move is the beginning of a new Malaysia. Give it a chance. This is a big step. Removing something that is an advantage to certain group of people is not an easy decision. All these while, the bumiputras (or rather just Malays), are gaining on this advantage. Now, the bumiputras have been doing very well in Malaysia's economy. Now is the time, for the bumiputras to show that they can also challenge the so-claimed "Chinese are good businessmen". There are some very successful bumiputra businessmen, such as Celcom, MAS CEO. So no complaints.
With this healthy competition in 27 service sub-sectors, it would be an advantage for Malaysia to move a gear faster. Malaysia had been 'idle' for the past 51 years when countries such as Thailand, Vietnam and Singapore had slowly overtaken Malaysia. Now, with the economic down turn, this would be the high time and best option to make this move. The higher the competition, the more the economy market will run.
On the other hand, I personally hope that any one sub-sector will not be dominated by one race, especially Chinese. It is impossible to say that there's no one good from other race. I'm very sure, that every race has people who are tip top in certain field. Now that the government have lifted the bumiputra equity, it is time for the people in this sector to prove that they are not biased as well. If they still practice one race domination, then it shows that the problem lies in the mindset of Malaysians.
Let us all take a good look in the outcome of this move. Better economy and better racial integration or the other way round? Those in the subsectors, please practise healthy competition, and share the wealth together as one Malaysian.