KUALA LUMPUR, April 23 (Bernama) -- Bumiputera players are ready to experience more capacity building, further integration with international firms and have more export opportunities following the liberalisation of the 27 services sub-sectors.Ministry of International Trade and Industry (MITI) secretary general, Tan Sri Rahman Mamat, said the liberalisation was done in consultation with the players who expressed their readiness to compete in an open market.
"With globalisation, we have no choice. The equity issue needs to be addressed in a different form by providing capacity building, integrating with international firms and giving export opportunities.
"These are much more meaningful to the Bumiputera players. It would also create a conducive agreement not only for foreign direct investment but also for domestic direct investment," he told reporters after the book review session at the ministry here Thursday.
Rahman said the liberalisation would also help Malaysia facilitate its trade negotiations such as the free trade agreements, of which the ministry was "tying some loose ends" for some.
"We have a great potential to move forward. All the Asean countries are opening up. There's no point of joining groupings if we don't enjoy the market access," he said.
Rahman said the ministry was also committed to Bumiputera interest in the services sector and would encourage them to participate in supplying the requirements of foreign firms based here.
He said the liberalisation would help create more higher-ranking jobs for local graduates thus resulting in higher income, as opposed to manufacturing which has given mainly low-ranking opportunities.
"The services sector is going to be the future growth of the country. Most developed countries see services contributing 70-80 percent of their gross domestic product," he said.
Rahman said export was the largest contributor to services sector compared to merchandise, and it registered more than RM102 billion last year.
"If we can increase our foreign direct investment to about 60 percent, our target of becoming top 10 trading nations would be achieved," he said.
He said the export sector was expected to pick up in the third quarter this year on signs that China, which was one of Malaysia's most important trading partner, has started to pick up.
Rahman said MITI was monitoring all the stimulus packages in China as the country has contributed to the recent uptrend in the electrical and electronics demand from small and medium entrepreneurs in Penang.
He said among the areas where Bumiputera players were strong and competitive were information and communication technologies, logistics, transportation and tourism.
tunku : it is time for the bumis to go out on their own as we all know that one day the NEP will be abolished. so from now they should start getting use to it bit by bit. we have seen lots of the 30% share monopolized by certain groups only.by opening up the market i believe more bumi players will make greater impact to the growth of the economy. there will still be assistance from the government for them. the government did not abolished the assistance provided to them.it is there.if the players are genuine they will grab the opportunities lies infront them.
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6 comments:
Sebagai seorang yang setia sekian lama pada UMNO, apa yang pasti, tiada lagi undi dari saya, keluarga saya dan sanak saudara saya serta kenalan saya untuk BN.
Saya cabar PM bubarkan UMNO, SATU MALAYSIA KAN? GUNA BN sahaja. BN lawan pakatan rakyat.
/orang kuat UMNO/
A good leaders read data, read the statistical, weight on People feedback, look at the asset of country manpower, manage cash flow and most important IMPROVE people life style (average it), not only scheme that benefit .1% of the top political connectted lots...
A good leaders make good judgement and get thing done in FAST TRACK mode, imagine poor people every struggle to live on day by day income...suddenly all these disappearing...
Just look at the Old news paper collectors, junks collectors, they just disappeared cos no way they can profit from their daily take.
orang kuat umno,
ni jelmaan punya umno, kalau org umno tak cakap macam ni.
30% requirement for bumiputera have been abolished, when will chinese and tamil school will be abolished? This is not fair!!!! if only one side sacrifice, don't talk about 1Malaysia, Bangsa Malaysia, or any of that hypocrite words if you can't agree to let your children befriend one another. ABOLISH CHINESE & INDIAN SCHOOL NOW!!!!!
-koko
And one more thing we need to change Malaysia name to "Tanah Melayu" and implement everything under 1 Tanah Melayu concept regardless of our races.
It seems that still many people especially elder generation of Malays, don't have any idea what will be the benefits of economic liberalisation to Malaysia upon its realisation.
those anonymous people complaining about the policy of economy liberalisation, apparently have no single idea or knowledge about what's it actually. They think that the policy will endanger Malays' benefits and community in economy. They think that their rights have been abolished and they gonna sacrifice so much for this new policy...
Come on! Wake up, read and understand what's the policy about! We should support this policy of economy liberalisation, as it will not only boost up our Malaysia economy, but also it will let ALL malays have EQUAL chance to enjoy the benefits it bring!
I personally 100% agreed with tunku saying -
''we have seen lots of the 30% share monopolized by certain groups only.''
We see that, we experience it! ask yourself, if you're Bumi like us, what benefits you've got so far from this 30% policy in economy? I bet 90% Bumi of average moderate to low socio-economic status like us, didn't get any sh** from that biased policy! It favors ONLY certain group of Bumi! look back again at dasar-dasar NEP, it supposed to help us our people from moderate to low socio-economic status, and NOT small amount of already-Rich bumi!!
If u're bumi, it's time for us to realize what is actually going on. We are no more thinking like a kid, or follow blindly what other people say.
If u're here, as to influence our youth bumi, to brain-wash us to oppose this policy, in order to protect ur own selfish advantanges, we are here to tell you, you've failed big!
To Koko, You can continue to play isu-isu sensitif and masuk campur org cina and india bla bla bla.. to tell us how big we gonna lose and sacrifice in post-liberalisation, go on with your selfish agenda... We WON'T care about it, as we're generation who have brain to think, eyes to see, and right to make our own decision, and we'll say bravely, a big NO to whateva policy which protect only sekumpulan rich bumi.
1 Malaysia is meant for ALL malaysians, NOT certain malaysians with their selfish agenda!
We support only good policy!
=)
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