Focus on business-friendly policies and not bumiputra equity requirement, Finance Ministry urged


SUPP Women chief Kho Teck Wan

KUCHING: The Finance Ministry should focus on business-friendly policies to help the nation's economy recover instead of imposing the 51% bumiputra equity requirement for freight forwarding companies, says the Sarawak United People's Party (SUPP).

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.

Subscribe or renew your subscriptions to win prizes worth up to RM68,000!

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Nation

Woman killed, man badly hurt in Tawau road crash
Petrol station operators allowed to employ foreign workers in cafes, convenience shops
Floods worsen in Terengganu, number of victims rises
Police investigate house break-in and vehicle theft in Ulu Tiram
Scammers posing as investment gurus on social media to prey on Malaysians
Children with at least one Malaysian parent must have access to education, MP tells Parliament
Prosecution to prove 13 teens assaulted Lahad Datu college student before his death
Jho Low hiding in Myanmar, protected by junta, claims Shafee
Two Malaysians injured in Singapore crash, one in critical condition
Drunk drivers must face full force of the law, says Johor exco

Others Also Read