An association that represents over 1,500 freight forwarding companies has cautioned about the future of their industry amid plans to expand the bumiputera equity rule to include those in the
International Integrated Logistics Services ., Federation of Malaysian Freight Forwarders president Alvin Chua voiced concern on how such a requirement would impact the future of the companies.Unlocking Article
Is this affirmative action, cronyism or plain old discrimination?!! Art.153 is being given an elastic interpretation, all under the cover of bureaucratic procedures! Hope this will go to court. PN government is kicking the can down the road without addressing the core issue!
Anyway the trick is set up in Singapore and come in that way
This is China guys ! Minus the reserves , minus common prosperity , minus the logic . Makes me puke
One way out of it Never ever give to the umno-pn-pus scums. Choose amongst the Melaka Portuguese, Sabahan and Sarawakians - they are Bumipitra too
Dimintanya diri dipapah, Sedangkan dah diberinya tongkat; Enam dekad berlalu sudah, Sifat pergantungan terpahat jadi adat!
Greedy. Come on. You go work for it if you want a share of the business. Such naked greed!!
50yrs after NEP, UMNOputras still can’t stand on their feet or work hard to build a business. After others do the hard work they swan in to be gifted 51%. UMNOputra tak malu ke?
Rest of the country moving forward. Only Malaysia moving backward. Welcome back to BN era
Always remember Zimbabwe never forget what happened there ! They did the same thing and look at the country now !
Damn.. imagine business owner are forced to handover controlling stake 51% of your company. No one in their right mind would like it. There are better way to help bumi not this way. Give them grant/knowledge/partner to enter the logistics business.
Heading to become worst than a communist state. At least a communist state is equal for all.
Never ending silliness in the country. This age of technology is making race based economic policies so outdated. Malaysia is going to lose the next generations of entrepreneurs
Govt promoting racism
💰
Why PH in power didn't eliminate such issues? Instead of Platitudinize it till today.
I can only say this government is worst than the communist.Bye-bye fair trade and democracy
Wow. Talk about taking your rice bowl away from you.
Time to make new plans
yeah ...free money and no need to put in even a day of honest work for us !!! hidup bn-pn, hidup mail ....
Bumi = INEQUALITY and Monopoly. Therefore Quality Low,Raising Cost & Less Competition. Conclusion - Consumers ALL RACES WILL HAVE TO ABSORB THE ADDITIONAL COST TRANSFERRED BY FRIEGHT FORWARDERS! Should we say TQ to Umno PM 4 introducing again bumi Biz Concept?
Free food..
Unsurprisingly our ports can't compete with Singapore's, Ad-infinitum!
Daylight robbery
UMNO is back as PM Back to their old tricks
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