Tag: Bumiputera policy

Iskandar Waterfront to raise RM1.5 billion to pare debt

A report by Nasdaq said the debt ridden Iskandar Waterfront Holdings Sdn Bhd (IWH) is issuing new shares to raise U$338 million this year. IWH, controlled by Malaysian property tycoon Lim Kang Hoo, will issue around 600 million new shares to raise funds as part of a...

High-income Malaysia to deepen rich-poor gap

In an analysis lambasting Prime Minister Najib Razak's push for Malaysia to become a high-income nation, an Astro Awani writer said the obsession will divide the country into the very rich few against 80 of low wage earners. The writer, Anas Alam Faizli, takes the...

It’s time Bumiputeras learn something from Lee’s One Singapore

In May this year, the incumbent Prime Minister Najib Razak led Barisan Nasional (BN) coalition, which has governed Malaysia since 1957, was re-elected for the thirteenth time in a row. The record 85 percent voter turnout gave BN 133 out of 222 parliamentary seats,...