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The private equity fund for bumiputras Ekuiti Nasional Berhad (Ekuinas) will be headed by an outgoing media chief, while the board will be chaired by a leading consultant.
The Prime Mnister said Sunday that it was time to help bumiputra companies that were capable and had the potential to succeed locally and globally instead of just handing out shares that were often sold off immediately for quick money.
The Economic Planning Unit's study to find the solutions to the toll hike issue every three years will be ready soon, said Minister in the Prime Minister's Department Tan Sri Nor Mohamed Yakcop.
KUALA LUMPUR: The total gas subsidy for the rest of the year would be RM6.4bil, said Minister in the Prime Minister's Department Tan Sri Nor Mohamed Yakcop.
PETALING JAYA: Tun Dr Mahathir Moha-mad's claim that the Chinese are the masters in the country will not help foster racial harmony, said the MCA.
MERITOCRACY, it appears, is going to be the name of the game from now onwards. Only time will tell if we have firmly put the ancient practices of the quota systems behind us.
KUALA LUMPUR: The Government will explain to Parliament in due course the setting up of Ekuiti Nasional Bhd (Ekuinas), said Minister in the Prime Minister's Department Tan Sri Nor Mohamed Yakcop.
KUALA LUMPUR: The bumiputra 30% equity objective will now be a macro target as the Government seeks to turn Malaysia into a more competitive economy, said Datuk Seri Najib Tun Razak.
StarBiz conducted a roundtable discussion with three prominent figures to clarify and get further insight into the latest measures announced by Prime Minister Datuk Seri Najib Tun Razak. The key speaker was Minister in the Prime Minister's Department.
DATUK SERI JAMALUDIN IBRAHIM: THE measures illustrate the emphasis given by the Government. They (Government) are putting more meat into the whole drive to propel the country to move forward.