TAN SRI DR FONG CHAN ONN

Friday June 27, 2008
Government has to get rid of ethnic report requirement, says Fong. The Government should do away with obstacles like requiring public listed companies to report their employment profile by ethnicity, MCA vice-president Datuk Seri Dr Fong Chan Onn said. “The creation of new property sectors that would see differentiation by ethnicity will also cause dissatisfaction among non-bumiputra entrepreneurs,” he said. Fong said the Government’s continued reliance on traditional instruments like the Industrial Co-ordination Act and Foreign Investment Committee to restructure society was disappointing and not in line with globalisation. However, Dr Fong (BN - Alor Gajah) said improvement of revenue collection and restructuring of subsidies would make the economy more efficient.
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