Tag - Bumiputra Economic Congress 2024

Scrap property discounts for rich bumis, says Bursa chairman

PUTRAJAYA: Discounts for rich bumiputra to buy luxury homes should be scrapped in the new economic agenda to empower the community in favour of policies that are aimed at those who earn low incomes. "Property discounts for bumiputra buyers who want to buy a RM2mil ringgit bungalow are not suitable," says Tan Sri Abdul Wahid Omar,...

Padu a useful tool in overcoming poverty, Bumiputra Economic Congress told

PUTRAJAYA: The Central Database Hub (Padu) will be a useful tool to eradicate poverty, says economist Datuk Dr Madeline Berma. The honorary professor at Universiti Malaysia Sarawak said it would help authorities and non-governmental organisations identify those who needed aid. "For instance, there was a previous weakness during the Covid-19 pandemic situation, on what academics normally refer...