Senators support Maybank's pro-bumi policy

Shallow Thinking

Thu, 17 May 2007 11:56:31 +0100

It seem that some people never understand that the nation has progress. Reverse the situation whereby all depositors, would be loan seekers etc only deals with Maybank if they have the required equity. This would be fair and beleive me many of my friends are not opening an account at Maybank as a sign of protest. This would be the begining of Maybank's downfall. To my bumi colleague's it is an insult to them as they have progress far beyond what our so called learned senator's and economist think. A sad day for all of us. - Mohan Sivasubramaniam

NEP

Tue, 15 May 2007 08:03:10 +0100

The NEP is a never-ending policy, it just changes name along the way. Also, it seems to work only one way. Look at the composition of the civil service, the police, the GLCs - does it reflect the ethnic composition of this country? What is mine is mine, what is yours should be mine. That's the name of the political game - being glocal, being competitive against global players, ------- that is mere rhetoric. Just wondering aloud, when the legal services sector is fully opened up, as it will if Malaysia is not to renege on its WTO commitnment, will such a discriminatory practice (e.g. insisting that foreign investors taking facilities from Maybank use bumi legal firms) be still allowed? Lim Kock Hooi - Lim Kock Hooi

Senators support Maybank's pro-bumi policy

Tue, 15 May 2007 01:21:39 +0100

Mr Senator, you state "I want to ask Hong Leong Bank and Public Bank, how many bumiputera legal firms have they appointed as their panels". Mr Senator, have you considered the question whether Hong Leong Bank and Public Bank have any policy making it mandatory for any legal firm to require a 50 per cent Chinese or Indian interest before it can apply for panelship? Would you object if these banks indeed have such a requirement? Jaspal Singh Gill - Jaspal Singh Gill