Deputy Science, Technology and Innovation Minister Datuk Kong Cho Ha was commenting on Umno Youth deputy chief Khairy Jamaluddin’s remark that bumiputras should be given priority in sectors such as biotechnology and information communications technology to ensure they were not left behind.
Currently, he said, there were about 1,600 MSC companies, some 1,200 of which were locally-owned.
More than 300 of the local-owned companies had bumiputra participation, he said.
“It is not the MSC’s policy to marginalise certain communities as the country practices an open policy where those with capability are able to develop the companies,” Kong told a press conference yesterday.
In the whole spectrum of Malaysian economic activities, other than those activities that are considered haram, what haven't been given priority to Bumis that already were given?
Investments comes with risk and risk-taking. If anybody, any bumiputera wants to participate in ICT business ventures, they can get an MSC status, anytime, anyday, as long as they are willing to take risk, for ICT ventures are the most volatile industry at this moment as the products or services are so competitive and ever-changing. You market a new model handphone today and in 6 months time, it's out-dated. You launch a new software product today and very soon, another software makes yours obsolete. The fact that in ICT world of product and service management, it's global in nature and it's subjected to global competition - the virtual world. Unless your organization or products has the competitive advantage, being creative and innovative all the time, and being branded with quality credentials, it's difficult to survive.
Oh please ask whatalulu about it,
for I am not able to transliterate.
Can we Malaysians, each one of us be truthful and honest about it - the reality of today?