These are some takeaways from the reporting below:
(1) In the past three years (2021-2023?) Bumiputra owns only 1 out 97 listed firms (hugely disproportioned).
(2) Proposal on mandatory stability reporting of company's employees based on DEI policy. This would make supposedly the increase in Bumiputra participation and in the economy and promote foreign investment?
(3) Bumiputra household income is 29% lower than Chinese.
(4) Median formal employee wages for Bumiputra is 45% lower than Chinese.
(5) Bumiputra equity ownership is at only 18.4%
These numbers despite all the policies favor Bumiputra. For that matter proposal takeaway no.2 is no different in my view. That is why GISB probably a good model to study in order to stimulate Bumiputra economy less the ideology.
No comments:
Post a Comment