New Economic Model

As promised Prime Minister Najib unveiled the new economic model also on June 30th. Among other things the quota for Bumiputra is restructured. For instance any Initial Public Offer must be allocated 50% to Bumiputra.

Since I am not a graduate and to avoid those people who criticize me for writing about Finance while I ain't got nothing, I would put my comments on hold because I need to study this new economic model thoroughly first. Then only the then Education Minister in October 1990 would be satisfied.