Prime minister says the agencies are tasked with looking after Bumiputeras, not just making profits.
Prime Minister Anwar Ibrahim said Bumiputera agencies seemed to have lost sight of why they were established in the first place.
“I am quite firm in providing space for everyone but the agencies entrusted to protect the interests of the Bumiputeras – and which are given land, shares and facilities – are not managed well. In September, Anwar said efforts to empower Bumiputeras would shift from focusing on selected companies to programmes involving more entrepreneurs, and small and medium-scale Bumiputera companies.
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