Mahathir Mohamad: Malaysia’s bumiputra policy has created more graduates, but Malays still ‘lack business understanding’

Nov 6, 2021 | INVESTING

Malaysia’s elder statesman Mahathir Mohamad recently spoke to This Week in Asia on the New Economic Policy (NEP), the 50-year-old affirmative action programme that benefits the country’s majority Malays and aboriginal groups, known as “bumiputras” (sons of the soil).The 96-year-old politician twice served as Malaysia’s prime minister, including a stint from 1981 to 2003, during which the NEP was broadly expanded.Mahathir backed the continuation of the NEP, also known as the bumiputra policy,…

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