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Equity Liberalisation – Removal of 30% Bumiputra Equity Requirement for 27 Services Sub-sector

Prime Minister, Datuk Seri Najib Tun Razak has announced the removal of 30% bumiputra equity requirement for 27 services sub-sector on Wednesday(22/04/09). What do you think?

Personal I think it is a good news, this will create a more fair, open and competitive business enviroment. This will also attract more foreign investor to invest in local company. I also don't think the bumiputera will fail in this case and many of them have the ability to compete nowadays.

Read more:

[The Star: Malaysian market sentiment boosted by equity liberalisation]

[The Star: Bumi businessmen will not lose: Najib]

[星洲日報：開放政策提昇國家競爭力]

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