Exorcise the NEP ghost which haunts forwarding companies
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Title : Exorcise the NEP ghost which haunts forwarding companies
Category : Malaysians
A ghost from the past was released recently, whether accidentally or otherwise. Unless the haunting issues are resolved, the poor in Malaysia will be made poorer and the rich, far richer.The ghost is a concept called affirmative action, a term for a policy to increase workplace and educational opportunities for under-represented communities in society.President Kennedy was among the first statesmen credited with using the term in an Executive Order in 1961 calling for “… affirmative action to ensure that applicants are employed, and employees are treated during employment, without regard to their race, creed, colour, or national origin.” It was in that spirit that Malaysia launched the 20-year New Economic Policy (NEP) in 1970.The problem now is that the NEP has ended, but only in name. After 1990, affirmative action was continued, but with asset redistribution more for politic…
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