The Chinese are not the only ones asking for something, as even
Malays find themselves deprived, said the Malay Chambers of Commerce
Malaysia (MCCM).
"Ironically the Malay business community in particular has also voiced its frustration of being deprived of economic progress and receiving very little," said its president, Syed Ali Alattas.
"The question is, who is gaining the benefits?" he asked.
Syed Ali (left) claimed that Malays, especially the business community, are the victims of "heartless" and "dishonest" government agencies and government-linked companies (GLC) officials, and their failure to effectively implement government policies.
He said that the weaknesses and corruption among the officials led to failure of what are otherwise good policies.
“Government policies don’t work, they are good policies but implementation is weak...
“Corruption is also a major factor in the failure of policies like the New Economic Policy (NEP),” lamented the business leader.
He described how one GLC for example spent millions of ringgit to buy foreign real estate, but did not even spend a single sen to help Malay entrepreneurs.
To investigate who is actually getting the benefit from government contracts if the Chinese and Malays are not seeing neither head nor tail of it, MCCM is proposing the formation of a National Economic Reconciliation Council (NERC) to peruse the matter.
The NERC is to comprise of 30 members, 10 from MCCM, 10 from political parties and 10 from the business communities of other races.
Syed Ali also said that they want the government to reinstate the entrepreneur development ministry, to properly look after the welfare of local businessmen.
The ministry, he related, was formed from their proposal mulled in the MCCM’s fourth congress and they hope it will see the light of day again.
Asked if this economic reconciliation is part of the post-GE13 national reconciliation being promoted by Prime Minister Najib Abdul Razak, Syed Ali said that it was a purely business consideration.
He said that they shall leave politics to the politicians and as businessmen will worry about business matters, as when it comes to money, it is easier to unite people where the bottom line is concerned.
“In business if we disagree, we sit down (and discuss),” he reasoned.
"Ironically the Malay business community in particular has also voiced its frustration of being deprived of economic progress and receiving very little," said its president, Syed Ali Alattas.
"The question is, who is gaining the benefits?" he asked.
Syed Ali (left) claimed that Malays, especially the business community, are the victims of "heartless" and "dishonest" government agencies and government-linked companies (GLC) officials, and their failure to effectively implement government policies.
He said that the weaknesses and corruption among the officials led to failure of what are otherwise good policies.
“Government policies don’t work, they are good policies but implementation is weak...
“Corruption is also a major factor in the failure of policies like the New Economic Policy (NEP),” lamented the business leader.
He described how one GLC for example spent millions of ringgit to buy foreign real estate, but did not even spend a single sen to help Malay entrepreneurs.
To investigate who is actually getting the benefit from government contracts if the Chinese and Malays are not seeing neither head nor tail of it, MCCM is proposing the formation of a National Economic Reconciliation Council (NERC) to peruse the matter.
The NERC is to comprise of 30 members, 10 from MCCM, 10 from political parties and 10 from the business communities of other races.
Syed Ali also said that they want the government to reinstate the entrepreneur development ministry, to properly look after the welfare of local businessmen.
The ministry, he related, was formed from their proposal mulled in the MCCM’s fourth congress and they hope it will see the light of day again.
Asked if this economic reconciliation is part of the post-GE13 national reconciliation being promoted by Prime Minister Najib Abdul Razak, Syed Ali said that it was a purely business consideration.
He said that they shall leave politics to the politicians and as businessmen will worry about business matters, as when it comes to money, it is easier to unite people where the bottom line is concerned.
“In business if we disagree, we sit down (and discuss),” he reasoned.