Why another bumi economic agenda?

A new direction: Other than tapping into new technologies and improving delivery systems, MTEM believes any new bumiputra economic agenda must make a strong stand and commit to stamping out the three Cs – corruption, collusion, cronyism – for any future policy to work. — Agencies

WHEN the folks of the Malay Economic Action Council (MTEM) are asked why multiethnic Malaysia should pay for another bumiputra-only development agenda, after over five decades of doing so, they tell these two stories.

The first is of Abu Bakar – an honest, accomplished expert in his field, who was leading the Malaysian operations of a multinational corporation. He then ventured out to build, what he had hoped would be, a successful bumiputra firm in that field, MTEM official Azlan Awang says.