KUALA LUMPUR, Jan 13, 2016:
Bumiputeras are still lacking awareness when it comes to business compared to the ethnic Chinese, says International Trade and Industry (MITI) Deputy Minister Datuk Ahmad Maslan.
“The confidence level of Bumiputeras in business is low.
“For the Chinese, business has become a culture but not yet for the Malays,” he told a Press conference after visiting Ramly Food Processing Sdn Bhd here.
According to Ahmad, the visit was his fourth within two weeks to see for himself the performance and success of Bumiputera companies that produce halal products.
He explained that his visit was also to promote companies besides giving Malays the courage to open businesses.
“This is among our initiatives to realise the bumiputera agenda and I’m happy to see an example of success as it’s not easy to get sales of RM1 billion,” he said.
In a bid to help Bumiputeras, Ahmad said agencies under MITI had come up with various aids to help entrepreneurs.
“An allocation of RM280mil has been given by MITI through its agencies such as HDC, SME Bank and SME Corp to encourage the halal industry in Malaysia.
“Seventy percent has been used and more than 50% have been given to bumiputera entrepreneurs,” he said.