YOURSAY | Freight forwarders get full dose of ‘Keluarga Malaysia’

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Title : YOURSAY | Freight forwarders get full dose of ‘Keluarga Malaysia’
Category : Malaysians

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YOURSAY | Freight forwarders get full dose of ‘Keluarga Malaysia’

YOURSAY | ‘By the way, how would the bumi masses benefit from this?’Freight forwarders raise concern over 'bumi equity' rule'Unfair to enforce 51pct bumi equity on freight forwarders retrospectively'Dr Raman Letchumanan: The reason is the catch-all New Economic Policy (NEP). It says 30 percent should be controlled by bumiputera.But our clever politicians/bureaucrats made it almost 100 percent for all government or government-owned entities. But still, they cannot rest in peace, looking at the private sector thriving despite all the handicaps.So, a novel idea. Impose 51 percent shareholding and implement it during a time of grave pandemic and economic crisis. Most companies are making losses, therefore their valuation is at rock bottom - it’s time for a forced fire sale.By the way, how do the

YOURSAY | ‘By the way, how would the bumi masses benefit from this?’Freight forwarders raise concern over 'bumi equity' rule'Unfair to enforce 51pct bumi equity on freight forwarders retrospectively'Dr Raman Letchumanan: The reason is the catch-all New Economic Policy (NEP). It says 30 percent should be controlled by bumiputera.But our clever politicians/bureaucrats made it almost 100 percent for all government or government-owned entities. But still, they cannot rest in peace, looking at the private sector thriving despite all the handicaps.So, a novel idea. Impose 51 percent shareholding and implement it during a time of grave pandemic and economic crisis. Most companies are making losses, therefore their valuation is at rock bottom - it’s time for a forced fire sale.By the way, how do the


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