Proposal to mandate 70pc of official govt assistance items to be Bumiputera products at economic congress, says Mydin boss

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PUTRAJAYA, Feb 29 ― The proposal to mandate 70 per cent of purchases of items for official government aid programmes, such as flood relief boxes, food baskets, and Rahmah...

Mydin Mohamed Holdings Berhad managing director Datuk Ameer Ali Mydin said that the proposal was aimed at assisting companies or premises owned by Bumiputera in the country. — Picture by Mukhriz HazimPUTRAJAYA, Feb 29 ― The proposal to mandate 70 per cent of purchases of items for official government aid programmes, such as flood relief boxes, food baskets, and Rahmah Sales, to be Bumiputera-owned halal products was among those put forward at the Bumiputera Economic Congress 2024.

He said that as of December last year, 38.7 per cent or 3,562 out of 9,162 total Halal-certified companies were owned by Bumiputera, but almost all of these businesses operated from behind houses that did not meet halal certification requirements.“Business owners rely too much on self-funding to sustain their daily business activities. At the same time, we all know that the government, government-linked companies provide a lot of assistance.

At the same time, Ameer proposed the implementation of the Halal Business Transformation Programme through activities such as business readiness assessment and guidance, including the establishment of a tier system and green lane to facilitate the Bumiputera in obtaining halal certification.He also suggested providing special financing, such as crowdfunding or endowment funds, to improve Bumiputera enterprises.

 

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