Perhaps this reflects the dire straits that the economy is in but reporting in malaysiakini, the 30% bumi equity lifted for 27 service sectors is a welcomed move that some doubters will say is "too little, too late."
To me it is an important first step but it should not be the last.
To prove its sincerity about rolling back that parasitic program, the NEP, the following items would prove the 1Malaysia concept more welcomed by all citizens.
1.APs to be phased out within 2 years and replaced with a tender system for 3-year concessions.
2.Bumi discounts only granted to first-time house buyers of units costing less than RM100k.
3.Scholarships granted to only 5% of all top students irrespective of race. All others given student loans with low interest rates. Poor families given one scholarship per family if qualified.
These 3 items will definitely show the government is really serious about regaining the confidence of taxpayers who have been largely sidelined.
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