Malays can rise to the challenge

Bumi businessmen will not lose: Najib

Bumiputra businesses will not become “extinct” or lose in competition just because the government has removed the 30% bumiputra equity requirement.

Prime Minister Datuk Seri Najib Tun Razak said bumiputra could still take part in business in a more “open and competitive manner.”

“I can see that bumiputra have the ability to compete with the rest. I am not worried that they will become ‘extinct’ or lose out in competition because of this decision,” he told the Malaysian media at the end of his one-day official visit here Thursday.

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Posted in bernas, harapan, malaysia baru, melayu baru, najib

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