Friday, September 30, 2011

PM: Malays must look beyond protectionism

Prime Minister Najib Abdul Razak urged Malay entrepreneurs to rely on their own ability in order to be have dignity and be respected.

“Don't just talk about rights. What is more important is what are we doing to do to increase our wealth” Najib said when officially opening the newly-formed United Malay Economic Action Council (MTEM) in Serdang last night.

This is the second time in three days that the premier had spoken on the need to move away from preferential treatment for the Malay business class.

On Monday, the Najib told the Khazanah Megatrends Forum that bumiputera quotas will be done away with in the future in order to increase competition.

“We never took from other people. We created new projects in order for the people to feel that we did not take away the rights of others, so that there is fair distribution,” he said.

“We must change because our environment has changed. If (you) depend on (government) protection, it cannot guarantee our future,” he said.





Najib is courting trouble with Perkasa & hardcore UMNO businessmen who had depended on the government for handouts. These people will not like the message as their survival and fortune is at stake.

1 comment:

Moo,,, said...

Maybe the message is meant for the Umnoputras. If Bn loses in the next GE the survival of Umnoputras are at stake but not the ordinary Malays.